By the end of this module, you will be able to validate your idea. And will answer the following questions for your idea.
Technical & Market Feasibility (Does the need exist?)
a. What pain point are you solving for?
b. Who are you solving this problem for?
c. How are you going to solve the problem?
d. Is anyone else doing it? How are customers currently solving their problems?
e. Can you do it differently from them
Financial Feasibility (Can you monetize the idea?)
a. Would your customers pay for your solution to a particular problem?
b. How big is the market? How many customers would potentially pay for your solution?
NOT ONLY THIS WE HAVE TONS OF BONUS GIVEAWAYS FOR YOU:
STARTUP LAUNCH BONUS: Shoutout in Startup Monk Media Domain and Network of One million user from the EcoSystem
BONUS: A Curated Library of 350+ Tools for Every Stage of Your Startup Journey
BONUS: Excel sheet template for Market Sizing
BONUS: List of Startup India Scheme for Startup
BONUS: List of Incubation Centers of India Who Incubate Idea Stage Startups.
BONUS: 50 business ideas for 2020
BONUS: Registration/Incorporation support from at Discounted rate Startup Monk Service Provider Partners
BONUS: Access to our Affiliate Programme Network for the Initial two sets of execution
BONUS: Access to Startup Glossary to make your Startup Journey Easy
BONUS: Free Access to Y Combinator StartUp School Course
BONUS: Startup India approves Complete Contract Templates | Co-Founders Agreement, Partnership Contract, HR Templates
BONUS: Report Card | Assessment of your Idea by a pool of Mentors and Experts. Report Card with weightage % and Feedback
BONUS: As part of our alumni network, will get free passes ( worth INR 997.00 ) to Monthly Guest sessions which we have with Entrepreneur and Investor community
UP SALES BONUS: Flat 10% discount on Startup Monk Services
WHAT PEOPLE SAY ABOUT US
What Will You Learn?
- Come up with a product or service idea that can really succeed.
- Find out what your competitors are doing so you can beat them at their own game
- Answer the Validation Questions/Assignments that will show you if your idea will make a lot of money
- Identify the target market that greatly desires your product or service
- Do simple yet effective research that will show you how marketable your business idea is
- Test your idea with thousands of people in your target market with very little effort
- Get feedback that will help you improve your idea so you can have the best selling product or service
An Introduction to Idea Validation03:29
What is Idea Validation?08:15
Know yourself as the Entrepreneur? Why, How and What.
Reasons of becoming an Entrepreneur16:08
Why you wanted to start at the first place?04:25
Know yourself as the Entrepreneur07:34
Exercise : Gift Discovery
Exercise : Passion Discovery
Exercise : Skill Discovery
Exercise : Talent Discovery
What is Startup?04:53
Essential Factors of Startup08:01
Types of Venture?08:12
Identification Of Idea03:17
Shortlisting of the Idea | A/B testing12:42
Identifying Target Segment and Market Sizing
Understanding your Target Segment07:33
Analyzing Environment and Competitive Advantage
Lesson 08: Analyzing Environment
Lesson 09: Understanding Industry
Lesson 10: Competitive Advantage
BONUS : Developing the Opportunity | Warton School of Business
Profile of the Entrepreneur05:57
Type of Enterprises05:47
Opportunities and Uncertainty07:20
Push and Pull and the Sources of Innovation13:42
Importance of the Idea (VIDE Model)13:20
Defining the Focal Market13:11
Understanding User Needs26:33
Generating Ideas with Individuals and Groups04:48
Planning: Discovery Driven Planning17:04
The Lean Approach09:14
Minimum Viable Products (MVPs)08:45
Branding and Naming20:28