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Ask HN: How do you validate your idea?

5 points| ssangani | 1 year ago

What strategies do you follow to gain signals? After how many signals do you get to work?

1 comment

order

brudgers|1 year ago

I ask people for money [0]. If some people pay [1], the idea is valid. If nobody does, it isn't. Depending on how much money I get from the people who pay and my costs, I decide if the valid idea is viable. [2] Money changing hands is the only reliable signal in business.

If something is easier than getting paid, it isn't hard work. Good luck.

[0]: Asking people if the would pay is not equivalent.

[1]: Promises to pay are not equivalent.

[3]: Not all valid ideas are viable.