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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…

Modi: Will carry out Andhra rejig Act in full

Lays foundation stone for new capital of Andhra Pradesh

Prime Minister Narendra Modi on Thursday accused the Congress of creating tension between Andhra Pradesh and Telangana by "spreading poison" and stirring up the youth. He assured Andhra Pradesh the Centre would fully implement the state re-organisation Act.

"The previous government (of the Congress) was in a hurry to gain political advantage and divided Andhra Pradesh, annoying the Telugu-speaking people," Modi said.

Laying the foundation stone for Andhra Pradesh's new capital at Uddandarayunipalem village in Guntur district, Modi said his government would see that the state became the human resources capital of India.

"Our government has allotted central institutions like Indian Institute of Technology, Indian Institute of Information Technology, and All India Institute of Medical Sciences, to improve human resources in Andhra Pradesh. The start-up programme launched by the central government is being taken forward both by Andhra Pradesh and Telangana. Be it Andhra Pradesh or Telangana, the soul is Telugu," he said.

Modi recited Telugu poet Sri Sri's poem Nenu Saitham Prapanchagniki Samidhanokkati Aahutichchanu (I, too, have been the fuel for this great activity of building the world) to loud applause. Modi handed over the soil and water he had brought from the parliament complex and river Yamuna, respectively, to Andhra Pradesh chief minister N Chandrababu Naidu.

Union minister of urban development M Venkaiah Naidu translated Modi's speech to Telugu.

The Andhra Pradesh government has collected soil and water from 16,000 villages in the state, from pilgrimage places across the country, and from Telangana, for Amaravati's construction.

"The reason I brought soil from the people's temple (parliament) and river Yamuna is that they are sacred. And, when I handed them over to Naidu, it was like the Centre's capital being merged with Andhra Pradesh's new capital," Modi said.

To be modelled along the lines of Singapore, new capital Amaravati is expected to be spread across 16 square kilometres, catering to a population of close to 11 million.

The new capital will have an open and green space of 40 per cent. It is expected to employ around three million.  

Stating that the Centre would match every step of the Andhra Pradesh government in ensuring the growth of its new capital, Modi said his government would extend its full support for the development of both the Telugu-speaking states of Andhra Pradesh and Telangana. "The Naidu-Modi jodi (duo) is sure to turn everybody's dreams into reality," he said.

On Naidu's invitation, his rival and chief minister of Telangana, K Chandrashekar Rao, attended the foundation-laying ceremony and assured all help from the Telangana government for the development of the Amaravati capital.

Speaking on the occasion, Naidu said soil from Bodh Gaya and several shrines, and water from all the rivers across the country had been brought to the new capital.

"Nine cities will be created around Amaravati," he said, while thanking the farmers for giving close to 33,000 acres, for the new capital.