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5 Ways to Validate a Business Idea, Right Now

Don't let your day job or lack of capital stop you from finding and testing a business idea. Here's how.
Last year, I embarked upon a personal challenge to validate a business idea in 30 days. To make it even more difficult, it was a random idea chosen by my readers. They asked me to do it without using my existing website, traffic and business connections and without spending more than 20 hours per week on the project. On top of that, I limited myself to spending no more than $500 validating this idea. The experiment was a success.In just two weeks, I built an email list of 565 subscribers without having an actual website. Then, I reached out to a handful of those subscribers and pre-sold 12 copies of a book that didn't even exist yet, all in less than 30 days. I wrote about the experiment in real-time with in-depth weekly updates, successes, failures and lessons learned along the way, right here in my validation challenge. Today, I want to share with you the five most effect…

Dredging harbour works may begin in six months

Rs. 1,800-cr. harbour proposed at Antarvedi to cater tothe maintenance needs of dredgers from entire South Asia.

On the dais of the foundation stone laying ceremony of the capital city Amaravati last week, Chief Minister N. Chandrababu Naidu had announced that the Dredging Corporation of India (DCI) would soon to set up a Dredging Harbour at Antarvedi in East Godavari district.

Three weeks before this announcement, a group of senior officials from the DCI inspected the proposed site at Antarvedi along with the local officials and elected representatives. With the officials expressing willingness to allocate 200 acres of government land for the project, decks seems to be cleared for the construction of the dredging harbour, the first of its kind in the country and third in the world. In all likelihood, works pertaining to the project will be commenced within six months from now.

The Rs. 1,800-crore dredging harbour-cum-training centre can take care of the maintenance part of the dredgers that are into the job of de-silting the ports being maintained by the government and private companies. This harbour can become a centre to facilitate dredgers not only from India, but from the entire South Asia. As the land identified for the project is lying vacant at present and the DCI has expressed its willingness to address the livelihood issues of the people. Who are likely to be evacuated for the project and revenue officials are now on the job of compiling the land records.

“In the first phase, the EG district will get qualitative road, as the DCI needs god connectivity from Eetakota to Antarvedi to move its equipment to the project site. Similarly, there is a possibility of the local youth getting employment in the project,” says Collector H. Arun Kumar.

“We can take the help of the National Highway Authority of India, which can bring the 60-km stretch under the ambit of the NH216,” says P. Ravindra Babu, Amalapuram MP. In the capacity of local MP, he has visited the site and interacted with the DCI officials. “My concern is about environment. But the DCI representatives assured me that they are going to build a green harbour,” he says.

 TH

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