Identifying Your Niche and Validating Your Idea

Before you even think about building a product or service, you need a solid understanding of your target market. What problem are you solving? Who are your ideal customers? Thorough market research is crucial here. Don’t just assume there’s a demand; prove it. Look at existing solutions, analyze competitor offerings, and identify gaps in the market. Consider conducting surveys, interviews, or focus groups to gather valuable feedback and validate your assumptions. The clearer your understanding of your niche, the more effectively you can tailor your product and marketing efforts.

Developing a Minimum Viable