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Researching and Vetting Your Business Idea for Success
In this video
In this video
Learn:
Steps to take to prove that your business idea will work in the long run (proof of concept)
How to set yourself apart from your competitors who may have a similar business or idea
The importance of establishing clear and measurable goals
About vetting your business idea
To start by Googling your idea
To check out the competition to determine where you can be a differentiator
To put your idea in writing to determine what need you are trying to solve, who the target audience is, and how your idea solves the problem or provides a solution
To gather feedback from friends, family, and co-workers
To use the feedback you receive to refine and perfect your business idea