Will it Work? - Validating your Business Idea
Event description
Got a business idea but dont know if it will work?
We have all heard that many business fail within the first year. We are often told the the main reason is the lack of money or bad execution. Though the root cause is usually lack of proper market research.
To learn if a business idea has a chance to succeed, it needs to be validated.
In this session, we’ll take a look at idea validation from the perspective of validating a new business idea, concept or a product. We’ll also introduce some tools that you can use to discover whether or not your idea has real potential.
This session is suited for
- Startup Entrepreneur who wants to test the building blocks of your business model to avoid wasting the time, energy, and money of the team, cofounders, and investors.
- Solopreneur who has a side hustle or an idea that isn’t quite yet a business
About the Presenter:
Cheryl Royle, the Entrepreneurship Facilitator for the Hunter Region, has 25 years of experience running businesses and educating, supporting and coaching thousands of startup business owners, executives, freelancers, consultants, artists and entrepreneurs across Australia.