DiscoverIdeas worth Sharing Podcast- Your Weekly Startup Podcast💰 Ep1: Turning an Idea into a reasonable business- the initial steps
💰 Ep1: Turning an Idea into a reasonable business- the initial steps

💰 Ep1: Turning an Idea into a reasonable business- the initial steps

Update: 2020-11-02
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Description

We will talk about: When you should consider sharing? What you should share




Understanding what an Idea is: type 1: for entertainment


                                                                Type 2: to make money


Stages of ideation 1. Naive idea stage (with no proper research)


2. Idea with primary research done


3. Idea with secondary research done


Who are the right people to get feedback from


Asking the right questions for feedback on your idea




4. Preparing something tangible worth showing and collecting feedback


Finding if people are ready to pay for your product: are you solving a problem


Example of networking events to spread and collect feedback about your idea.


Creation of a business around Ideas




Unless and until its proprietary or something that's new and no one has access to




Benefits of getting feedback from sharing a product video or just audio containing the explanation of your idea




How I would go about creating something tangible to share and collect feedback


Go ahead create a wireframe, or write a doc which specifies what your idea is


Then record it in the form of an audio or a video. Share it with as many friends and communities to get more feedback. If you wanna go an extra step create a simple landing page with some copy stating what your product/services do and how it solves problems of your target customers.


We will discuss more doing research and building an MVP in another episode.




Try to get on-call with anyone who’s willing to give more detailed feedback, learn, and iterate.




I will see you in the next one till then bye :) Cheers

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💰 Ep1: Turning an Idea into a reasonable business- the initial steps

💰 Ep1: Turning an Idea into a reasonable business- the initial steps

Pathange Balaji Rao