The goal of early validation is not to confirm your genius, but to risk being proven wrong before committing resources. Negative feedback is a valuable outcome that prevents building the wrong product. It often reveals that the real opportunity is "a degree to the left" of the original idea.
Instead of pitching a solution, create a presentation deck that outlines your core assumptions as bold statements. Use this "story deck" to facilitate a conversation, not a presentation. This prompts customers to agree or disagree, revealing their true pain points and validating your hypothesis more effectively.
Large companies often identify an opportunity, create a solution based on an unproven assumption, and ship it without validating market demand. This leads to costly failures when the product doesn't solve a real user need, wasting millions of dollars and significant time.
Structure customer validation across two meetings. The first is framed as a request for help to validate an idea, building rapport without sales pressure. The second presents the honed solution based on their feedback, creating a natural and easier transition into a sales conversation with a trusted partner.
Don't treat validation as a one-off task before development. The most successful products maintain a constant feedback loop with users to adapt to changing needs, regulations, and tastes. The worst mistake is to stop listening after the initial launch, as businesses that fail to adapt ultimately fail.
Don't wait to synthesize feedback. After each validation meeting, immediately grade the prospect's comments (good, bad, indifferent) and their fit as an ideal customer. Use this rapid analysis to iterate on your assumptions and presentation before walking into the very next meeting, accelerating the learning cycle.
Unvalidated product ideas often originate from executive leadership or adjacent departments. A product manager's critical role is to use disciplined stakeholder management and clear communication to maintain focus on solving validated user problems, rather than simply executing on top-down directives.
Pursuing large "whale" customers for early validation is risky because they often come with heavy demands that can derail the product vision. Instead, seek out innovative, mid-level companies who are early adopters. They provide better feedback, and building traction with them opens doors to larger clients later.