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MBA980 Q&A Wednesday: How do I know my business idea is a good one?

Ideas: we all have them. Some of them are even good. But is your idea good enough to sustain a business?

You don’t have to guess.

If you have an idea for a great product or service, you can find out — in the real world — whether it can actually sell. You can take concrete action to determine if your business idea has a decent chance of working. In today’s digital economy, it’s easier than ever to do market research. You just have to know where to start.

Today, we take you step-by-step through the process of validating your business idea. Before you put any other time or money into your idea, do this first. We explain simple, immediately actionable ways to “feel out” consumers. This way, you can proceed with more than just an educated guess: you can go forward confident that your product or service already has people waiting to buy it!

Want to build it, but not sure if they’ll come? Just ask! Find out how — Click Play!

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Today’s Sponsors

IndieGogo

Ready to bring your idea to life? Indiegogo can help your idea go from launch to the next big thing. Whether it’s help with launch strategy or manufacturing and shipping support, Indiegogo’s experts will be there, 24/7. Learn more and download Indiegogo’s free Crowdfunding Field Guide at www.indiegogo.com/100mba

Long Tail Pro

Get your site ranked! Long Tail Pro helps your site get to the first page. The keyword experts at Long Tail Pro have helped over 70,000 marketers find keyword opportunities in small markets and niches – and even in competitive ones. Go to longtailpro.com/mba for a free trial and 30% off for life!

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$100 MBA Free Idea Validation Course

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