After spending nearly a decade in consulting and 25 years deeply immersed in the startup ecosystem as a founder, co-founder, and a first-hire developer, I’ve observed this as a common challenge faced by many aspiring founders and entrepreneurs: effectively vetting and validating their startup ideas.
To bridge this gap, I’m working on a new SaaS tailored specifically for idea validation. The tool is not just a concept; it’s a combination of a self service AI driven platform and my experience and lessons hard learned, designed to quickly guide through the initial and often daunting process of evaluation.
One of the most common pitfalls is diving into product development without thorough validation of the idea. Validation is crucial; it’s not just about confirming that an idea is good, but also about understanding if it solves a real problem for real people. This process can save invaluable time and resources by ensuring entrepreneurs are building something that their target market genuinely needs and wants. The platform emphasizes this pre-development validation, offering insights and data-driven strategies to refine the idea into a viable, market-ready product. By prioritizing validation, the platform aims to significantly enhance the chances of success and reduce the risks associated with early-stage startup development.
Here’s what the platform offers:
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Comprehensive Business Case Analysis: Providing a detailed business case for a startup idea, scrutinizing its feasibility and potential in the current market.
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Creation of User Personas: Generation of five detailed user personas, providing a clear picture of the ideal customers - understanding needs, behaviors, and motivations.
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Targeted Marketing Strategies: For each user persona, the platform will identify five optimal places for marketing. This targeted approach ensures that marketing efforts are not just widespread but also effective.
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Customized Marketing Copy and Landing Pages: This doesn’t stop at strategy. The platform also offers personalized marketing copy and designs single-page landing sites. These are crafted to resonate with each persona, ensuring a higher engagement and conversion rate.
If you would be interested in helping shape this offering, please reach out - I’d love to have your feedback and thoughts.
Save half - put that away to pay your future self for the work you have already done
Education - find some marketable skill you are interested in and study it. Programming is taking a turn these days with the advent of AI assisted development. Dev however is still needed and a very marketable skill that can be learned with time and practice XR is still a big area - developed with Unity and C# Blockchain is still big - solidity, rust Web is still going - python and JS AI is python, and JS for implementing
Sales is always in demand - selling someone else’s product is a viable way to learn This is soft skills or as we call it - power skills. Learning to get to a yes/no quickly, understanding folk’s drive and goals and build determination and regimen.
Is there a way to grind (pay someone else to?) for in game achievements and resell those?
As for stocks - you can learn without spending your money if you want to: https://www.investopedia.com/simulator/