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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…

International Telecommunication Union sets up vision on 5G development

Geneva: The International Telecommunication Union (ITU) on Thursday set up a vision for the development of 5G mobile, in a bid to provide lightning speed, omnipresent, ultra-reliable mobile communications in the short future.

The "IMT-2020" vision, endorsed by a resolution in ITU's Radiocommunication Assembly, established overall "vision" for 5G systems, along with the goals, process and timeline for its development, is now in place, Xinhua reported.

The detailed technical performance requirements for the radio systems to support 5G will be developed, in close collaboration with industry and national and regional standards organizations, following the stringent timelines defined by ITU.

"The new ITU-R Resolution sets the stage for the future development of 5G mobile technologies," said ITU Secretary-General Houlin Zhao.

Mobile communication has seen revolutionary developments and growth in recent years. New demands, including applications requiring very high data rate communications, many more devices with diverse service requirements, will require an increasing number of innovative solutions.

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