Side Hustle School Ep. 2933 - Q&A: “How do I know if my idea is going to work?”
Jan 11, 2025
Curious about launching an app? Discover how to validate your carpooling app idea aimed at parents. Learn practical strategies for testing market demand and estimating costs. Gain insights into spotting potential pitfalls before investing time and money. The discussions unfold actionable steps for aspiring entrepreneurs keen on turning their ideas into successful ventures.
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Start with an MVP
- Start with a minimum viable product (MVP).
- Ensure your MVP is affordable and scalable before significant investment.
Validate with Paying Customers
- Validate your idea by receiving enthusiastic feedback, not just from friends.
- Ensure people are willing to pay for your solution, not just that they like the idea.
Consider Development Costs
- Consider development costs, especially for mobile apps.
- Explore cost-effective options like private-label versions or simpler MVPs.