Start up ideas cannot be fabricated like that. The best start ups ideas come from the "why" and solve a problem that the person is passionate about. It's not just coming up with an idea, it's about whether the idea is solving a problem along with its acceptance and sustainability. As far as bei...
I'd venture that if you have to ask such a generic question about how to start a startup, you're probably not well equipped to do so. My suggestions are as follows: 1. do 3-6 months interning with a small very early stage startup 2. find someone else to execute your idea whilst retaining a ...
Samples are traditionally 100+ people. Can you get 100 customers? How many customers (users too) do you have participating on the idea? Once you've shared it past friends and family, strangers are interested in what you're doing I believe that is all that is needed for a product/service to be ...
I don't think the service you are envisioning is a new concept, but it might not exist at scale as a packaged Saas product. If you have not encountered it yet and you are actively looking for it, it could mean that it either does not exist yet or there is a big opportunity to become that authorit...
It does not have to be unique. Simple ideas are enough, just keep in mind that it must help the masses out there struggling with a problem, thus creating a gap in the market. Having an idea is important. The mere definition of the word business brings to the fore the importance of the idea. At t...
Depend on how much you willing to invest to do the validation. The methods vary due to many factors such as the nature of business, the ease of collecting data, quality of the information produced, set of assumptions made, etc. From a simple survey to a structured survey ... From an empirical a...
Investors do not fund ideas. You must prove significant market interest in a product. Statistics that highlight potential don't translate into your product's revenue. Investors want to see how they will get a return on their investment. As for a business plan, be mindful that this is an investmen...
The answer is "it depends". It depends on the following: 1) Your current 'runway': [How much money you have saved + Your current recurring income - Your current expenses]. 2) How much money it would take to develop a 'minimal viable product' (MVP) that would allow you to test your idea. (i.e. ...
Hi: I'm wondering why you aren't starting a business to produce this app yourself? Develop a prototype, show it to likely users, take their feedback to refine the product, build a marketing plan, launch the product and generate sales. Once you've proven that it sells and customers value it, this...
Hi, I've worked with start-ups, SMEs and corporates serving both the public and private sectors. I have 25 years of experience managing projects, programs, operations, engineering and technology-driven change and have served in both leadership and advisory roles internationally. Here are some e...