Browsing Tag
business validation
16 posts
How to Spot the Difference Between a Million-Dollar Business Idea and a Dud
The startup life is built on the notion that anyone has the power to make it big with the right idea and a lot of hard work. Technology continues to level the playing field for...
Here’s How to Set Your New Business up for Success
Are you finally ready to follow your dreams and be your own boss? Do you have an incredible idea for a business that can really help solve a problem that you just know many consumers...
Entrepreneurs Share Tips for Overcoming E-Commerce Product Launch Obstacles
With consumers spending more than ever online, it’s no wonder why so many entrepreneurs are joining e-commerce marketplaces in droves. Consumers around the world spent $900 billion at online retailers in 2020, according to report...
How to Validate Your Business Idea in 30 Days (or Less)
Starting a business requires serious research, but it also requires you to seize opportunity. Jump in without consulting the data, and you risk boarding a sinking ship. Spend a year learning every detail of the...
This Entrepreneur Shares How to Start a Six-Figure Side Hustle
Plenty of side hustles can earn you a bit of side income, but only some have the potential to reach six figures per year, especially if you’re working a full-time job, too. After growing my...
Building a Mobile App? Here’s Why an MVP Will Benefit Your Business in the Long Run
If you’re an entrepreneur with a fantastic new product or service, there’s often nothing more tempting than wanting to release it into the world in its full glory. But, from a business perspective, this is...
4 Questions Aspiring Business Owners Should Ask Before Launching a Business
Deciding to start your own business is big step, and one that requires a lot of upfront research and constant questioning. And, even as you move forward with the process of launching your business, the...
7 Steps to Validate Your Idea for a Profitable Online Course
Online courses are gaining immense popularity among aspiring entrepreneurs, students and professionals alike. The COVID-19 pandemic has further driven the growth of the global e-learning industry: since surpassing $200 billion in 2019, the online learning...
Focus on Your Loyal Customers, the Rest Will Follow
When starting a new business, many of us tend to focus our time and effort on scaling and getting more and more customers on our website or through the door. As founders, we should be...
How to Validate Your Side Hustle Ideas to Find the One that Best Suits You
Trying to pick the perfect side hustle can be a daunting task. There are so many options, and it’s difficult to know which ones you’re well suited to that have high profitability potential. By doing...
3 Step Process to Rapidly Test New Business Ideas
I don’t lack business ideas. I’m known to pepper my friends with, “What if you could just...” or “Wouldn’t it be great if...” so often that they’ve learned to just sort of nod and tune...
7 Fatal (and Common) Mistakes Threatening Your Startup’s Success
Most startups fail. It’s the nature of business—there isn’t enough room for everyone. And as anyone who has founded a successful (or unsuccessful) business can attest, there are about a thousand different ways to crash...
How to Start an E-Commerce Company While Working a Full-Time Job
Starting a business is tough. I’ve been in the e-commerce industry for over 10 years, but I can still remember the early challenges I faced. One of the most difficult parts is trying to manage...
Entrepreneurship is About the Journey, Not Just the Destination
The following is excerpted from "The Entrepreneur's Framework: How Businesses Are Adapting in the New Economy," available at select bookstores and on Amazon, in paperback and for the Kindle. All proceeds from book sales are being...
Activating on Ideas to Build Your Startup’s Products and Ventures
The following is excerpted from "Born to Build: How to Build a Thriving Startup, A Winning Team, New Customers and Your Best Life Imaginable" by Jim Clifton and Sangeeta Badal, Ph.D. Copyright 2018 Gallup, Inc....
How to Validate Your Business Idea
In my last post, I talked about how you can generate business ideas. Now, I would like to share some methods on how you can validate your ideas to see which ones you should pursue...