Episode 434: Validate Your Solution

Will your business idea FLY? Test it and find out with Pat Flynn. "Will It Fly? How to Test Your Next Business Idea So You Don't Waste Your Time and Money" by Pat Flynn

On Today’s Show

Author and entrepreneur Pat Flynn says, once you find a solution to the problems of others, you then have to validate that solution. People will say what you want to hear sometimes, but when it comes down to it, whether that idea is going to work out depends if they will actually pay for it.

Everyone most likely already has an “idea” in their head. However, those plans can change into something completely different because they align finally with the problems their target audience has. And it’s not always going to be the same idea you had initially. Many times the validation of your idea will take you somewhere completely different from what your initial idea was – and that’s a good thing.

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1 Simple Thing Action

“Hyper-target.” Find people who have that particular problem, talk to them, offer your idea of the product to them, and ask them to buy it.

Mentioned In Episode

The 4 Step of Business Validation Method:

  1. Get in front of an audience. Ex: guest posting, or become a guest on a podcast by sharing valuable information.
  2. Hyper-target. Get people in that audience to “raise their hand” to identify themselves with the problem you are presenting.
  3. Interact to share your solution. Talk to the people you have hyper-targeted and share your solution, even if it’s in the idea stage and not yet built. Think of this more of a small scale experiment with your target audience.
  4. Ask for the transaction.

Guest

Pat Flynn

  • Owner of Flynndustries, LLC
  • Creator of Smart Passive Income
  • Founder of Green Exam Academy
  • Bestselling Author
  • Podcaster
  • Blogger

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This Article Was Written By

Manuel Serrano

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