🙋 How to test the suitability of an idea for a business?
1️⃣. Formulate the problem you want to solve
Congestion can be solved by developing public transport, building new roads, or changing working hours to avoid rush hour. The problem of poor project management - new software or educational project for managers, etc.
2️⃣. Get to know your audience
The product will be used by specific people: teachers, developers, builders, managers, analysts or manicurists. Your solution should help them meet their challenges and meet their needs.
3️⃣. Study the competition
Direct are other products and services that solve the same problem. Indirect - those that claim the same resource, but offer different solutions. For example, for an educational platform, the direct competitor is another educational platform, and the indirect competitor is Netflix, which also wants to occupy the user's free time.
1️⃣. Formulate the problem you want to solve
Congestion can be solved by developing public transport, building new roads, or changing working hours to avoid rush hour. The problem of poor project management - new software or educational project for managers, etc.
2️⃣. Get to know your audience
The product will be used by specific people: teachers, developers, builders, managers, analysts or manicurists. Your solution should help them meet their challenges and meet their needs.
3️⃣. Study the competition
Direct are other products and services that solve the same problem. Indirect - those that claim the same resource, but offer different solutions. For example, for an educational platform, the direct competitor is another educational platform, and the indirect competitor is Netflix, which also wants to occupy the user's free time.