Research and Validate Your Business Idea | 7

Research and Validate Your Business Idea | 7

Update: 2024-09-09
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This episode of the How To Quit Your Job and Start A Business limited series podcast is all about the critical steps you should take to research and validate your business idea. 

Join Host and Career Transition Coach Shannon Russell as she shares the critical steps to research and validate your business idea. Learn how to avoid costly mistakes and ensure your idea meets real market needs with practical tips and tools you can use today.

Discover why conducting thorough market research is essential for refining your idea, identifying your target audience, analyzing competitors, and assessing market demand. Shannon shares actionable strategies for validating your business idea, such as conducting surveys, creating a minimum viable product (MVP), and utilizing pre-sales or crowdfunding to test your concept before launch.

By the end of this episode, you’ll have a clear understanding of how to test your idea effectively and make informed decisions before starting your business. Tune in for insights that will help you confidently move forward on your entrepreneurial journey.

In this episode, you’ll learn how to:

  • Conduct effective market research to refine your business idea
  • Identify your target audience and analyze competitor strategies
  • Use surveys, minimum viable products, and pre-sales for validation
  • Make data-driven decisions before launching your business

Subscribe now for actionable insights on how to shift your mindset, take control of your career, and build a thriving business.

Free Resource: Download the Starting a Successful Business workbook at secondactsuccess.co/listen to brainstorm your business ideas and follow along with the podcast series. Get started on your entrepreneurial path today!

Listen to the Second Act Success Podcast hosted by business coach Shannon Russell

Read the Second Act Blog for more advice and inspiration on creating your business. 

Tell us what you think and what you want to hear on the podcast!

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Book a free Strategy Call with Shannon

Watch the free How To Start a Business Training

Download the free Career to Business Roadmap

Join the Second Act Accelerator

Read Shannon's Book - Start Your Second Act: How to Change Careers, Launch a Business, and Create Your Best Life

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Research and Validate Your Business Idea | 7

Research and Validate Your Business Idea | 7

Shannon Russell | Business Coach for Women, Consultant, and Author of Start Your Second Act