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5 Ways to Validate Your Side Business Idea
Manage episode 467743015 series 2953481
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So, you've got a great business idea—but how do you know if it will actually work?
In this episode, Shandra shares five simple yet powerful ways to validate your business idea before making a big investment of time or money.
Whether you've already started or are at the early stages of your business idea, these strategies will help you build confidence and ensure you're on the right track.
Transitioning from being an employee to running your own business comes with some pretty unique challenges, especially for women in service-based industries. Many fall into the common trap of creating something they think people need—without confirming if there’s actual demand. This episode is all about helping you avoid that mistake so you can test and validate your idea before you go ‘all in’.
Key Takeaways:
- The "Love Bubble" Trap: Why getting caught up in excitement can lead to costly mistakes—and how to avoid it.
- The Secret to Market Validation: A simple but powerful way to know if your business idea has real demand before you invest too much time and money.
- Social Media as a Testing Ground: How to use your free social platforms to refine your offer and messaging.
- The Ultimate Proof of Success: The one thing that truly confirms your business idea is worth pursuing.
Do you enjoy this kind of food for thought?
For tips, tools, and resources to help you grow your side business to be a thriving business in part-time hours, come and join our free Facebook group:
Side Business Australia Private Facebook group link:
For tips, tools, and resources to help you grow your side business to be a thriving business in part-time hours, come and join our free Facebook group:
Side Business Australia Private Facebook group link:
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