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The Power of Validation: How I Saved Time and Money by Testing My Idea
Before You Create: Why Idea Validation Matters
Mert Yildirim & Cagri Sarigoz
July 03, 2024
As solopreneurs, we know that every venture starts with a spark of an idea, a vision of how we can make a difference. Today, I want to share a personal story highlighting the importance of validating our ideas before diving in headfirst.
As a physics tutor, I’ve always been passionate about helping students understand complex concepts.
Recently, I thought about creating a comprehensive program to assist students preparing for the New York State Regents Exams. I envisioned a resource that would provide rigorous practice and boost their confidence ahead of these crucial tests.
However, one question kept nagging: "Is it really needed?"
Instead of rushing into development, I decided to validate my idea first. I started with some basic market research.
I posted on Reddit, seeking opinions and interest from students and parents. Hours passed with no comments or engagement. It was a red flag, but I needed more data.
Then, I stumbled upon a news video discussing the possibility of the Regents Exams becoming optional or even being excluded entirely. This was a game-changer. The potential market for my program was at risk of disappearing before it even began.
In the end, I realized that my project was not viable. And that was a great outcome! By validating my idea early on, I saved valuable time, money, and effort that would have been wasted on a venture with little demand.
This experience reinforced a crucial lesson: Always validate your ideas before investing in them.
Solopreneurs, your time and resources are precious. Before diving into your next big project, step back and ask, "Is it really needed?"
Do the research, test the waters, and ensure there’s a genuine demand for what you’re offering. It can make all the difference between a successful launch and a costly misstep.
Keep innovating, keep validating, and keep thriving!
See you next week.
— Mert Yildirim
600+ views on my Reddit post and literally no engagement
PRODUCT OF THE WEEK
Olympia: AI-Powered Consultants for Your Business 🤖 💪
This week, we're excited to spotlight Olympia, an AI-powered platform designed to help you grow your business without the hassle of managing a large payroll.
Whether you need assistance with business strategy, marketing, content generation, legal advice, software development, or sales, Olympia has you covered with its smart and affordable AI consultants.
Key Features:
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No Rate Limits: Enjoy unlimited access to your AI assistants, available around the clock.
Why Choose Olympia?
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Experience the future of business consulting with Olympia and see why solopreneurs and startups rave about its capabilities. Olympia's AI team members will make your entrepreneurial journey smoother and more efficient.
ENTREPRENEUR SPOTLIGHT OF THE WEEK
This week, I’m thrilled to introduce Özgül Dalkılıç, the visionary founder of WearTechClub.
Meet Özgül Dalkılıç: Founder of WearTechClub
With a rich career in technology, media, PR, partnerships, and business development, Özgül has led WearTechClub to revolutionize smart sports apparel by integrating advanced sensors and AI-driven analytics.
A Closer Look at WearTechClub: WearTechClub’s mission is to enhance health and fitness through innovative, eco-friendly smart apparel. Their AI-driven solutions help users lead healthier lives while promoting sustainability.
Learn More: For an in-depth look at Özgül’s journey and the innovative tools driving WearTechClub’s success, read the full interview here.
Stay tuned for more inspiring stories from our entrepreneurial community!
🛠️ My Top Business Stack Recommendations
I use these tools and platforms to grow my business daily, and I cannot recommend them more.
Setapp — a must-have app bundle for Mac users (Some of my favorite apps on Setapp are CleanMyMac X, Numi, Receipts, DevUtils, Squash, Permute, and Bartender)
Superhuman — Revolutionize your inbox management. (One month free through my invite link. 👆)
Olympia — AI Team Members to help grow your business.
Jotform — Typeform + Docusign + much more in a single app (Free to start, 50% off on paid plans through my invite link 👆)
Marky — AI tool that helps you create and schedule a month of social content in minutes.
How did you like this week's newsletter? |
Stay tuned for more insights and strategies. Until next time, stay productive!
— Cagri Sarigoz
P.S. Some links are affiliate/referral links, helping me out at no extra cost to you. Thanks for your support! 🙏
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