MBA2519 Q&A Wednesday – How Do I Validate My Business Idea?
The $100 MBA Show
Omar Zenhom
4.9 • 1.2K Ratings
🗓️ 11 September 2024
⏱️ 21 minutes
🧾️ Download transcript
Summary
Are you sitting on what you think could be the next million-dollar business idea, but you’re unsure if it’s really worth pursuing? Ever wondered why so many startups fail despite having great concepts? If these questions resonate with you, you’re in the right place! In today’s Q&A Wednesday episode, Omar tackles a crucial step in […]
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Transcript
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| 0:00.0 | Hey, welcome back to the $100 MBA show. I'm your host Omar Zenholm and |
| 0:10.3 | welcome back to another episode. |
| 0:12.8 | Today's episode is Q&A Wednesday. |
| 0:15.0 | We're one of our listeners, one of our community members, |
| 0:17.2 | asked a question. |
| 0:18.5 | If you have a question you want to ask, |
| 0:19.9 | you are struggling with something, |
| 0:21.3 | you want to figure something out, you need my help, just head |
| 0:24.8 | on over to 100MBA.net.q, and you can ask a question there, submit your question, and we'll |
| 0:31.0 | answer it right here on Q&A Wednesday. |
| 0:33.0 | Today's question is from Sarah, and Sarah asks, |
| 0:35.0 | how do I validate my business idea? |
| 0:38.0 | How do I make sure my idea is cool |
| 0:40.0 | and people like it? |
| 0:41.0 | What are the steps I need to take? |
| 0:43.0 | Thanks there for asking this question because it's a crucial step in your entrepreneurial journey. |
| 0:48.5 | We just covered a couple episodes ago, how to create a million dollar product and I wanted to answer this |
| 0:53.6 | question because it relates to that episode in a lot of ways because we talked |
| 0:57.5 | about creating an MVP but I want to take it from a different angle today I |
| 1:01.7 | want to talk about your mindset when it comes to |
| 1:04.3 | validating your product. I'm going to go through the steps and give you some advice |
| 1:07.8 | don't worry I got your back but the point here is I want to make sure you understand |
... |
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