Choosing and validating your business idea

Step 1 - Planning

Choosing and validating your business idea

Course description

Some people dream about starting a certain kind of business, but for others it’s a challenge to decide on a business idea. In this lesson, I’ll talk through the steps to choose an idea and validate its profit potential

KEY TAKEAWAYS

  1. Successful businesses provide substantial, tangible value for their target audiences. 

  2. Identifying problems you can solve for customers can help define your niche and brand.

  3. Providing a unique selling proposition helps you stand out from other businesses in your niche.