Quick Process for Validating Side Business Ideas  If you are in a Full Time Job

 

Quick Steps for Validating side business ideas  if you are in a full time job

 (I recommend this for full time workers looking to build a side business)

Activity 1

Look at your own life, what are you price insensitive about? What do you spend money on even if you are broke?

Or

What problem do you have in your life or your business that you wish someone would fix and you haven’t found a solution yet

Make a list of the top 10 and which ones whittle down to 5 by asking which you have the skillset for, or cannot outsource, or where lots of people are building a business in that category.

Interested in Building your own side . Try Signing Up for :

Building a Side Business While Working Full time [INCLUDES WORKSHEET AND MONTHLY COURSE CALL]

Activity 2

Who is the solution for? Make a List of 10 people you know that you believe have that problem and want it solved

Where can you go to find those 10 people, where online? And where offline? Make a list of those 10 places

Now get their attention and ask them questions that can help you verify if the problems you are purporting to solve is a problem that have and a problem that are looking for a cure for. Again make a list of 10 questions. Please please don’t ask they would you buy [Product A] from me question, people tend to want to be polite, they are most likely to say yes.

Note

If the answers you get are not encouraging, try going upstream with the problem you are solving i.e. if your initial idea is selling educational games to kids, try selling to parents for their kinds instead and or alternatively take the learning from what the 10 people you talked to say their actual problem is and build a prototype

 

Interested in Building your own side . Try Signing Up for :

Building a Side Business While Working Full time [INCLUDES WORKSHEET AND MONTHLY COURSE CALL]

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Ethel Cofie
About Trainer There are many online course globally, many claims that don’t meet the expectation and leave people disappointed. My claim is simple my name is Ethel Cofie , In the last 5 years I have been named one of the Top 5 Women impacting IT in Africa, Ethel Cofie is CEO and Founder of EDEL Technology Consulting , an IT Consulting Company in West Africa and Europe who was recently named IT Consulting Firm of the year by the Telecoms and IT Industry. I am also Founder of Women in Tech Africa , Africa’s largest women in tech group with members in over 30 Africa countries and in the diaspora and growing. I created women in tech week, a global event which impacts over 10,000 people globally. I currently   sit on the Advisory Board for Ghana’s Vice President, helping to design Digital Strategy for Ghana, as well as sits on the Tech Advisory board for the Graca Machel Trust I have been featured on BBC and has had her opinion pieces published on CNN on the topics of technology in emerging markets, and women leadership. When I am not running EDEL or Women in Tech Africa, I am  advising and consulting on intraprenuership ,entrepreneurship technology growth in emerging markets and bringing more women into technology careers across Africa.  As you can see, I have built 3 successful brands including my own and my job here is to teach you all I have learnt on my journey across intrapreneurship, entrepreneurship, brand and technology in emerging markets

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