Validate business ideas by creating a fake prototype or wireframe and selling it to customers first. This confirms demand and secures revenue before you invest time and money into development, which the speaker identifies as the hardest part of validation.

The speaker advocates a four-step model: Validate, Pre-sell, Deliver, then Build. This approach prioritizes collecting payment based on a well-defined offer document before investing resources into product development, ensuring market demand and initial cash flow from day one.

Never start a business without first validating demand by securing commitments from at least three initial clients. This strategy ensures immediate revenue and proves product-market fit from day one, avoiding the common trap of building a service that nobody wants to buy.

Avoid the classic bootstrap vs. raise dilemma by using customer financing. Pre-sell your product or service to a group of early customers. This strategy not only provides the necessary starting capital without giving up equity but also serves as the ultimate form of market validation.

Instead of pitching a future product, identify an enterprise champion's urgent, blocked project. Deliver the solution manually as a service first (e.g., a PDF report). This validates demand, generates revenue, and is a common path in enterprise software.

Crisp.ai's founder advocates for selling a product before it's built. His team secured over $100,000 from 30 customers using only a Figma sketch. This approach provides the strongest form of market validation, proving customer demand and significantly strengthening a startup's position when fundraising with VCs.

Validate market demand by securing payment from customers before investing significant resources in building anything. This applies to software, hardware, and services, completely eliminating the risk of creating something nobody wants to buy.