Overview
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Learn how to validate your startup idea. Discover a framework to evaluate your business idea early on, to avoid wasting time and money on false starts.
Syllabus
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Introduction
- Evaluating your startup idea
- Criteria for an opportunity
- Costs of not doing it
- Risk and uncertainty
- Validating your idea
- Your customer's pain
- Determine the size of the opportunity
- Proof of concept
- Scalability
- Adoption rate
- Intellectual property
- Product/market fit
- Disruption and innovation
- Customer acquisition
- Barriers to entry
- Competition
- Passion vs. obsession
- Business acumen
- Domain knowledge and experience
- Next steps
