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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…

Windlab, Eurus Plan $102M Australia Hybrid Wind, Solar Farm

Windlab Ltd. and Eurus Energy Holdings Corp. plan to build a A$140 million ($102 million) wind and solar energy park in the Australian state of Queensland.

The Kennedy Energy Park plant will be the first large-scale hybrid solar and wind park in Australia, Canberra-based Windlab said in a statement posted on its website. Construction is expected to start after June next year.

The companies will install six wind turbines and 64,000 solar panels in the first stage of the project, according to the statement. Successful completion of the first stage may lead to adding 1,200 MW of clean energy capacity, Windlab said in the statement.


The Kennedy Energy Park follows an announcement earlier this year of a 20 MW wind project in Victoria that Windlab and Eurus are building together. Eurus, a Tokyo-based clean energy developer, is a venture between Toyota Tsusho Corp. and Tokyo Electric Power Co.

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