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  • Digital Ent NOTE 2

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    Fatikaguru
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    Digital Entrepreneurship discusses generating and validating business ideas. To generate ideas, entrepreneurs should ask friends and family for input, consider problems in their daily lives to solve, build on hobbies, or make tasks easier. To create a business, one should research the market, fulfill a need, survey customers, create a budget, find investors if needed, remain flexible, and set deadlines. Validating an idea involves writing hypotheses, conducting market research, checking search volumes, interviewing customers, testing the product or service, and starting small.

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    Digital Entrepreneurship discusses generating and validating business ideas. To generate ideas, entrepreneurs should ask friends and family for input, consider problems in their daily lives to solve, build on hobbies, or make tasks easier. To create a business, one should research the market, fulfill a need, survey customers, create a budget, find investors if needed, remain flexible, and set deadlines. Validating an idea involves writing hypotheses, conducting market research, checking search volumes, interviewing customers, testing the product or service, and starting small.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    3 views5 pages

    Digital Ent NOTE 2

    Uploaded by

    Fatikaguru
    Digital Entrepreneurship discusses generating and validating business ideas. To generate ideas, entrepreneurs should ask friends and family for input, consider problems in their daily lives to solve, build on hobbies, or make tasks easier. To create a business, one should research the market, fulfill a need, survey customers, create a budget, find investors if needed, remain flexible, and set deadlines. Validating an idea involves writing hypotheses, conducting market research, checking search volumes, interviewing customers, testing the product or service, and starting small.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    Digital Entrepreneurship

    CREATING AND VALIDATING IDEA


    CREATING AND VALIDATING
    IDEA
    How to generate business ideas
    • Ask family and friends
    • Consider problems in your everyday life - then solve them!
    • Build on your hobbies
    • Consider if there are tasks you could make easier
    • Build on existing products or services
    How to create your business
    • Research the market
    • Fulfill a need
    • Survey your customer base
    • Build a budget
    • Find investors if necessary
    • Be flexible
    • Set deadlines
    How to Validate a Business Idea
    • Write down your business hypotheses and validation goals.
    • Perform market research.
    • Research search volume and keywords.
    • Conduct customer validation interviews.
    • Test your product or service.
    • Start small.

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