Lesson 1/5Business Strategy7 min read

Idea validation: buying truth before you build

Because most people waste months building products nobody wants.

Validation tests demand before you build—turning guesses into facts and protecting your time and money.

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Idea validation: buying truth before you build

00:00 / 22:17

Think

What would you do in these scenarios?

Simulator

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Sim_v4.0.exe

The logo before the lesson

A retired school math teacher wants to start her own private tutoring business for high schoolers. She spent two weeks designing a logo, choosing a brand name, and writing pricing tiers — but has not spoken to a single parent or student. What should she do next?


Practice

Test yourself and review key terms

Knowledge check

Q1/12

Why is validation referred to as "buying truth before you build" in the source material?

Concepts

Question

In a smoke test, what proves demand versus what proves interest?

Show answer

Answer

Clicks prove interest, but paying a deposit proves actual demand.

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Mini Game

Budget$1 000
Idea stageValidation
Brief

Smart Cat Collar

Idea: A GPS collar that tracks health. You have $1,000. How do you check if people want it?


Do

Your action steps for today

Action plan: what to do today

  • Define your customer:Describe exactly one person who has the problem you want to solve.
  • Find the pain point:What is their biggest headache? Remember: If it is not an urgent problem they need solved right now, it is hard to sell.
  • Set a kill metric:Decide now: If I talk to 10 people and 0 are interested, I will change the idea. Logic: This keeps you honest and prevents wasting money.
Note.txt

Some examples and details may be simplified to better convey the core idea. Every business is different — adapt these ideas to your specific context and situation.

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