A powerful, low-cost way to validate demand is to cold message thousands of potential users on platforms like Facebook groups. Crucially, ask for a small payment upfront (e.g., $20). This filters out polite but non-committal interest, providing a strong signal of genuine need and willingness to pay.
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Before launching a major campaign, build a small, informal panel of prospects and customers you can text for quick feedback. This simple, low-cost method provides direct market validation, reduces the risk of failure, and strengthens the business case for new ideas internally.
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.
To test an idea like flavored creatine for women, use an AI image generator to create mockups. Post these images on Facebook Marketplace, a low-friction platform, to gauge interest via views, clicks, and messages before investing in product development. This provides quick, cheap data.
Instead of a traditional product launch, gauge market interest by tweeting about a personal problem and asking if others share it, framed as "Thinking of building an app...". This validates the idea and creates an initial beta list from interested replies before you invest heavily in development.
Launch a premium event with minimal financial risk, even without a large audience. First, set a date and find a location. Then, use DMs to get soft commitments from a few ideal attendees. This validation covers initial costs before you officially book the venue or launch publicly.
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.
To truly validate their idea, Moonshot AI's founders deliberately sought negative feedback. This approach of "trying to get the no's" ensures honest market signals, helping them avoid the trap of false positive validation from contacts who are just being polite.
