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01. Ideation

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Identify and Evaluate Your Potential Business

If you know that you want to start a business, but aren’t exactly sure what you want to sell, this step will help you identify a problem that you can solve. If you already have an idea or have started building a product, this step is critical in helping you pause to (re)think about what you want to create and why. The Valid Startup Community Forums is a perfect place to bounce ideas off of other entrepreneurs in the ecosystem.

Key concepts covered include:

  • Opportunity Recognition
  • Problem Verification
  • Demand Analysis
  • Choosing Your Solution