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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…

Essel Group keen to invest in AP’s tourism


A team led by Mr. Ashok Goel, VC & MD, Essel World met Andhra Pradesh Chief Minister Sri N Chandrababu Naidu here in Secretariat. During the meeting, the Chief Minister explained to Essel executives about the potential for tourism in the state. Essel has evinced interest in the development of islands for tourism. Responding positively, the Chief Minister said, the government is keen to create better tourism opportunities. 

The delegates informed the Chief Minister that they will prepare environment-friendly proposals with mechanical and natural filtration methods. 

They have further shown interest in constructing a multi-storied centre for fun and recreational purposes. “Given that AP holds the potential to become world’s best tourist destination, we are planning to develop a string of tourism circuits and develop it as an economy generator,” the Chief Minister said. 

The Chief Minister asked them to come up with a proposal on identifying areas of investments. Union Minister of State for Science and Technology Sujana Chowdary, Principal Secretary (Tourism) Neerabh Kumar Prasad, Secretary to CM Sai Prasad and others were present.

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