Validating Your Business Idea
Test demand before investing time and money in a venture.
About this course
Many business ideas fail not because they're bad ideas but because nobody tested demand before investing time and money. This course shows you low-cost ways to explore whether a problem is real, learn from honest customer conversations and decide whether to proceed, pivot or pause. You'll leave with a test plan you can run in the next few weeks.
What you will be able to do
- You'll be able to define the problem your idea solves and for whom
- You'll be able to run customer conversations that test demand honestly
- You'll be able to design a low-cost test such as a pre-sale or waitlist
- You'll be able to decide whether to proceed, pivot or pause
Course outline
- Tools you'll need5 min · Lesson notes, example, action task · 2-question quizValidating an idea needs conversation, a notebook and a few free online tools. You don't need a website or a company structure to start testing demand.
- Problems Before Solutions9 min · Lesson notes, example, action task · 2-question quizStart with the problem your customer has, not the product you want to build. A clear, specific problem tells you who to talk to and what a good solution would need to do.
- Customer Conversations9 min · Lesson notes, example, action task · 2-question quizCustomer conversations test whether a problem is real. Listen more than you talk, ask about past behaviour rather than hypothetical intentions and avoid pitching too early.
- Low-Cost Demand Tests9 min · Lesson notes, example, action task · 2-question quizA demand test shows whether people will act, not just say they like an idea. Waitlists, pre-sales and small paid pilots are low-cost ways to find out before you build.
- Interpreting Results Honestly9 min · Lesson notes, example, action task · 2-question quizResults are only useful if you read them honestly. Look for patterns, distinguish polite interest from real need and be prepared for an answer you don't want.
- Proceed, Pivot or Pause9 min · Lesson notes, example, action task · 2-question quizAfter testing, you have three options: proceed, pivot or pause. Each should be a deliberate decision based on your target, your evidence and your capacity to continue.
- Careers & next steps5 min · Lesson notes, example, action task · 2-question quizCustomer research and idea validation skills are useful in many roles, including those that lead to running your own business. These roles build on the methods in this course.
- Final quiz and certificate10 questions, pass mark 8 of 10. Pass to get your Reesby Academy certificate with a verification link.