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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…

The pain for Google in Europe is just beginning

Google CEO Larry Page
Alphabet CEO Larry Page
Google has now been involved with Europe's antitrust regulators for five years. But its troubles may just be beginning.
Margrethe Vestager, the European Union's antitrust chief, said in an interview with the Wall Street Journal on Monday that her agency is looking at a broad variety of services from Googleand its new parent company Alphabet.
This goes beyond Google's online shopping comparison service - which the EU brought formal antitrust charges against in April and to which Google is currently responding. And it goes beyond the EU's "high priority" investigation into Android, the Google mobile operating system used on the vast majority of the world's smartphones.
Google's maps business, its online travel services, its ad business, and various other services are on the agenda as well, Vestager said.
"The shopping case may have similarities when we eventually look at maps and travel and a number of other related services, because the complaints sort of tell the same story," Vestager said. "But there is no such thing as you have done one, you've done them all. You can't do that."
That's bad news for Google, which would like to avoid the kind of protracted regulatory scrutiny that famously distracted Microsoft in the 2000s (and some argue, slowed the company down so much that it fell behind rivals and missed the boat on the tech industry's shift to mobile computing).
Of course, Vestager's strong comments could simply be a negotiating tactic. As she seeks to force Google into a satisfactory settlement of the existing shopping and Android cases, suggesting that the EU will be targetting every other Google business for the foreseeable future is one way to make Google's lawyers take the EU seriously.
We've reached out to Google and will respond if we hear back.

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