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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…

State to encourage budding entrepreneurs


Andhra Pradesh (India):
The Krishna District Industries Centre authorities on Wednesday conducted an awareness programme for budding entrepreneurs to set up various industries.

Krishna District Industries Centre General Manager Venkata Rao explained the participants about the encouragement to be promised by the State government to start respective industry.

Mr. Venkata Rao promised that the State government would clear the application related to new industries within 21 days in a bid to encourage budding entrepreneurs.

Experts from different industries explained the procedures on how to start an industry to the budding entrepreneurs.

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