If there's one thing all successful founders we've worked with at the Startup Development House cannot deny, it's that one of the most important aspects of creating a successful app is having a detailed business plan.
So, you've found yourself thinking, "I need a mobile app for my business".
Planning is the natural next step.
A plan will outline your goals for the app, how you plan to reach those goals, and your estimated costs and revenue projections. All important stuff, right?
Without a business plan, it can be difficult to make smart decisions about your app’s future and determine whether or not it is worth investing in.
So... you've got an idea for a product. Well, not just an idea, but a value proposition that you think has what it takes to convert leads into paying customers.
But not so fast: before you go spending all that hard-earned pre-seed capital, you'll first have to validate your idea to ensure it's going to earn you and your investors a good ROI.
Here, we've done some research and have created a full guide on how to validate the idea of your product. Let's dive in.
Got a startup idea? Bring it along with a solid value proposition and together we'll determine whether your potential target audience will take it or whether they’ll let it fall by the wayside and into obscurity.
When carving out an idea, it often feels as if that idea is destined to succeed -- particularly if you're passionate about it. But the reality is just as often a different matter altogether.
We see many passionate founders here at Startup Development House and have learnt a thing or two about which ideas are likely to survive the harsh critiques of a mass audience. Invariably, these are ideas that have been well validated.
Startups need a good business idea simply because without one they won't be able to attract funding.
A good idea solves a problem and/or fulfills a certain need people have. It should be both something those people are willing to pay for and something that can be scaled.