Hi all,
Have recently finished the book and ever since, I have 100's of ideas each week. My biggest problem is picking one and sticking it out, but a bit of discipline will keep me in check (hopefully).
Now, with most my ideas, i like to work backwards to try to prove to myself why it WOULDN'T work and identifying the flaws first to see if they are easily avoidable before jumping in.
The idea i've got is in the domestic pet category. I'm not naive enough to think it's a completely innovative and revolutionary idea, as no idea is a new idea. So I want to make sure i'm not investing time/money on something that is a dud.
My first port of call for validating is to see if anyone else has already done it. I can't seem to find many other businesses doing it, which usually sounds a warning alarm. Although, what has driven me to start this thread, is that there is A LOT of content surrounding the idea, but no actual businesses providing the service, just content.
Questions:
1. How do you define if there is a NEED for something, if there are no current existing competitors? Is there enough validation in looking at the amount of content/blog articles created around the idea?
2. How do you go about providing a solution for a problem that the consumer doesn't know exists?
Have recently finished the book and ever since, I have 100's of ideas each week. My biggest problem is picking one and sticking it out, but a bit of discipline will keep me in check (hopefully).
Now, with most my ideas, i like to work backwards to try to prove to myself why it WOULDN'T work and identifying the flaws first to see if they are easily avoidable before jumping in.
The idea i've got is in the domestic pet category. I'm not naive enough to think it's a completely innovative and revolutionary idea, as no idea is a new idea. So I want to make sure i'm not investing time/money on something that is a dud.
My first port of call for validating is to see if anyone else has already done it. I can't seem to find many other businesses doing it, which usually sounds a warning alarm. Although, what has driven me to start this thread, is that there is A LOT of content surrounding the idea, but no actual businesses providing the service, just content.
Questions:
1. How do you define if there is a NEED for something, if there are no current existing competitors? Is there enough validation in looking at the amount of content/blog articles created around the idea?
2. How do you go about providing a solution for a problem that the consumer doesn't know exists?
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