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20 Questions to Validate Any Business Idea or Product | Product Feasibility Test


πŸ“š What is this video about? πŸ“š
In this video, I'll be covering 20 questions that you should be able to answer in order to validate any business idea or product!

Use this video whenever you want to develop an thought-out plan and assessment before you jump into a new project or business.

I'll cover 5 major areas
1) Value Add - What benefit do you provide?
2) Current Industry - What's already out there?
3) Team - Who are you and why does it matter?
4) Creation - From mind to paper to reality
5) Resources - What do you need to start and exist?

βŒ› π—–π—Όπ—»π˜π—²π—»π˜π˜€ βŒ›
0:00 - Intro
0:22 - What is EntreKey?
0:37 - Welcome to the Product/Business Feasibility Test
1:16 - Created 5 Hypothetical Businesses to Help Explain
1:23 - Section 1 | Value Add - What are you solving?
1:28 - Question 1
1:47 - Question 2
2:04 - Question 3
2:17 - Question 4
2:50 - Example 1 | Back Ache Patch Company
3:38 - Section 2 | Current Industry - What's already out there?
3:44 - Question 5
4:10 - Question 6
4:23 - Question 7
4:32 - Question 8
4:56 - Question 9
5:13 - Example 2 | Cafe or Coffee House
6:34 - Section 3 | Team - How are you and why does that matter?
6:39 - Question 10
6:44 - Question 11
6:56 - Question 12
7:05 - Question 13
7:16 - Example 3 | Social Media Marketing Agency
8:01 - Section 4 | Creation - How will the idea go from Mind to Paper to Reality?
8:10 - Question 14
8:23 - Question 15
8:39 - Question 16
8:44 - Example 4 | T-Shirt Printing Ecommerce Business
9:23 - Section 5 | Resources - What do we need to start and exist?
9:28 - Question 17
9:36 - Question 18
10:05 - Question 19
10:17 - Question 20
10:38 - Example 5 | Habit-Tracking App Company
11:39 - Summary of the Product/Business Feasibility Test
11:47 - Make sure to subscribe for more!