It’s the first, biggest question every aspiring entrepreneur asks: “Will this work?”
No one has a crystal ball, and no one can say with 100% certainty whether a new business will succeed or fail.
But there are ways to get an accurate sense of whether your idea has a reasonable chance of success.
It’s Q&A Wednesday, and we’ve got a listener who spent months developing a new business idea. But they’re afraid to take that final step of committing real resources and pulling the trigger on a launch.
What can this person do to move forward with confidence? How can they be sure that at the very least, it was worth a shot? Today, we explain how to test the waters.
Learn how to launch with less risk and a greater degree of certainty. Today’s episode is a crash course in business idea validation — Click Play!
Stitcher | Spotify | Podcast Feed | How To Subscribe
Today’s Sponsors
Capella University
At Capella University, you’re in control of your education. With the game-changing FlexPath format, you can take classes at your own pace, set your own deadlines, and even leverage your previous experience to move faster. And the faster you move, the more you’ll save. Now THAT’s smart. Learn more at capella.edu.
SYFOB
Learn how to start your own business online, from scratch — without taking dangerous risks or sinking yourself into debt. This 10-part audio course lays out a complete roadmap for producing your first products and getting your brand off the ground. Get a special extended free trial of Himalaya Learning, an audio education platform with lessons from Tim Ferriss, Malcolm Gladwell, Omar, and more — just go to himalaya.com/mba and use promo code MBA.