The content below is taken from the Validation Program, a free program where Hsu Ken Ooi and the Iterative team helped 100+ founders to validate their startup ideas across a span of four weeks.
Over the past few months, we've gotten a lot of questions from founders on how to validate their startup ideas. Validation is an important part of your startup journey - without it, you run the risk of working on bad startup ideas.
To help, we've compiled the top 5 questions and explain our answers in videos.
Top Questions, Answered in Videos
How do I know if my idea is actually a good idea?
Airbnb looked like a bad idea but was actually a good idea. Others looked like a good idea but was actually a bad idea. How can you tell? Hsu Ken Ooi shares more on his 2x2 quadrant.
I've read that some founders got users before even launching a product. How is that possible?
You don't need to build an app to validate your idea. Hsu Ken Ooi shares how he got thousands of users to sign up for his blue-collar staffing platform idea with a single landing page and a few Facebook ads.
What are the different ways to validate a startup idea? Is there a best way to do so?
Having your users fill up a survey versus talking to them is not the same, because not all validation methods have the same cost and value. Hsu Ken Ooi breaks down each of the validation methods, and shares how he used them to validate his business idea.
Do I still need to validate a successful idea from the US?
Hsu Ken Ooi reveals why founders still need to validate successful ideas from the US, and why not doing so runs the risk of missing out on key nuances that differ across countries - especially in Southeast Asia.
Should I validate first or fundraise first?
Should you fundraise or validate your idea first? It feels like a chicken-and-egg situation, but the answer is actually deceptively simple.
I want to build an app to validate my idea. Where do I start?
You don't need a video for this, because the short answer is you don't need to build an app to validate your idea. We've said it before, and we'll say it again: validating your idea does not require thousands of dollars, nor does it require an app. Check out this article to learn more.