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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…

Indians biggest buyers of Dubai real estate, invest $2 billion in first half of 2015


According to Dubai government's data, Indians were the most prolific foreign investors in H1 of 2015, with a total of 3,017 transactions worth more than $2 billion, a PTI report cited Sumansa Exhibitions President Sunil Jaiswal as saying. Jaiswal said going by the data, Indians top the foreign property investment chart, a position they have consistently maintained for several years. 

Sumansa Exhibitions organises property expos. The company is bringing Dubai Property Show to India in November from 6-8 here. 

"The characteristic Indian mindset of solidifying assets in multiple arenas compliments the dynamics of Dubai real estate that offers a number of options to buyers to accommodate their budget and preferences. Recent trends of purchasing properties in locations such as Downtown Dubai, Dubai Marina, Jumeirah Lake Towers and The Palm also suggest that the buyers are looking at profitable dividends in the shape of rents and resale value," Jaiswal said. 

What boosted the sentiment of Indians? Lower property rates in Dubai compared to certain metropolitan cities in India, interest in exploring foreign markets for a balanced real estate investment portfolio and recent move by RBI allowing investors to send up to $2,50,000 freely overseas to buy property. 

"Easy and hassle-free commuting to the country for both business and recreational purposes and no levy of tax on rental income, which means that investors can make free and clear profit on rents are also attracting Indians to invest in Dubai's property market," Mr Jaiswal added.

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