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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…

How Do You Bring Investors Into Your Business? Very Carefully.

As part of his tax and legal tips video series, Entrepreneur Network partner Mark Kohler today talks about techniques to get investors onboard when starting your business. He say that it's paramount that you understand the terms you're using when you're bringing others into the mix and using their money to get started. 
Watch the video to learn the subtle differences between lenders, investors (silent partners especially) and partners before you approach them with your game plan, and check out Kohler's new book, The Tax and Legal Playbook, at Entrepreneur's online bookstore. 

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