Startup Validation
Startup Validation is the process of testing a business idea to determine its viability before fully launching. This involves gathering feedback from potential customers, assessing market demand, and identifying any potential challenges. The goal is to ensure that the product or service meets a real need and has a target audience willing to pay for it.
By conducting market research, creating prototypes, and running pilot programs, entrepreneurs can refine their offerings based on actual user input. This iterative approach helps reduce risks and increases the chances of success, ultimately leading to a more sustainable and profitable business model.