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Maxim Churilov
Maxim Churilov

Posted on • Originally published at mindk.com

Market validation or how to validate the project idea before going ‘All in’

Most business ideas sound good and look fresh in our heads, while a good many of them die after falling into customer hands. Since entering the market with a new product is almost walking the edge, market validation under real-life conditions is crucial before launching.

Although risk has become a synonym to entrepreneurship, accepting the risk to spend time, money and energy creating a product that people don’t need is a path to failure.

In this article, we will overview the best practices for validating business ideas without spending a fortune and as a result, building a better solution.

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