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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…

Foxconn may soon manufacture iPhones in India: Reports

Reports suggest that Foxconn is in talks with the Indian Government to set up an iPhone manufacturing hub in Maharashtra.
According to a recent report by ET Now, smartphone manufacturing giant Foxconn may be in talks with the Indian Government to manufacture iPhones in India. Foxconn is contracted by Apple to assemble iPhones, but the same is yet not happening out of Foxconn's manufacturing hub in Andhra Pradesh. 
For manufacturing iPhones, Foxconn has reportedly proposed a $10 billion facility in Maharashtra and the company is seemingly scouting for around 1200 acres of land to set up the same. The report also reveals that Foxconn and the Central Government have agreed on Maharashtra for the location of this iPhone production facility. 
 Currently, Foxconn assembles Xiaomi, OnePlus and Gionee devices at its Sri City facility in Andhra Pradesh. We can't wait to see if manufacturing of the iPhone in India will drive down its exorbitant prices in the country. if that happens, Apple could be looking at gaining its lost momentum in the Indian smartphone market.

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