Hey everyone, my name is Tim, and I’ve worked on 2 businesses so far. I get a lot of questions from younger founders as to how they can validate their business idea better and quicker, and I think this topic needs to better addressed. I’ve been talking to some 15 founders recently, and here are my learnings:

  1. Kristan from Gymify mentioned that he had severe problems finding communities of people and getting proper responses from them, and he had to close the business.
  2. A SaaS agency from Singapore mentioned that they problem defining qualitative data to validate a business proposal, that’s why their CAC was cracking.

I am still collecting insights from people who have trouble with validating their business. Please comment below or send me a DM. I’ll keep this post updated with any new piece of insight I can find.

Thank you, everyone, for being part of such a helpful community."

  • timothy-102@alien.topOPB
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    1 year ago

    Okay, that’s good. But how would you know when you’re getting good feedback? I think a lot of 1st-time founders have problems here.

    • porsukbey@alien.topB
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      1 year ago

      People should focus on “the metric” they consider as a win.

      It may be a ;

      - “click” on “newsletter email” drop. (if you start collecting emails it would also help you after launching the real product)

      - “click” on a “Buy Now” button.

      - “click” on an “affiliate link”.

      - “time spent” on the article.

      - “filling the form” on sign up page.

      etc.

      Adding those kinds of analytics events would help you to get a general idea.

      “You get X number of Y events from Z number of visitors. Is this good enough for us to continue?”