MBA1073 Guest Teacher: Jeet Banerjee- How To Find Out Fast If Your Business Idea Will Succeed
The $100 MBA Show
00:00
The Validation Process
Guis: We built this very basic, very minimum viable product. And then we went back to high school students and asked them, hey, we've got this programme. It's completely free. Can you guys go through and use this and tell us how you feel? Right? So this came down to the validation process. Guis: The biggest thing that i tell people during the validation process is, ask people to pay you for your product. But if people aren't willing to take out their wallets and pay for something, that's when it comes down to that.
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