Test your idea before you spend
Training 935 minuteshow to test a business idea
You are 31, an office manager who grooms friends' dogs on weekends. The dream: a mobile grooming van. A fitted van costs $18,000, and you have $4,000 saved.
Training goal: Learn the truth about the idea before the big buy
▶ Play this trainingSituation
- Buy the van: 80% demand, it is clear
- Name a date and price, ask for a $10 deposit
- Run an online survey of 200 people
- Buy a $300 portable kit, drive your own car
- Rent a table in a pet store for $25 a day
- First a website and logo for $1,200
- 300 likes on the post with dog photos
- Revenue: $840 for the month
- How many strangers booked again
- Keep $60 so people do not get scared
- Quote $75 to the next 10 new clients
- Drop to $45 to grow faster
- A new $18,000 van on a loan
- A used van for $9,000
- Stay with the kit and grow to 40 regulars first
What you will learn
- A yes without money is a compliment. A signal is a deposit, a pre-order, a booked slot.
- Test the core promise with the cheapest version: a kit before a van.
- Before a big buy, count repeat buyers and how many sales cover the payment.
Your real-life step
Pick one idea, set a price and a date, and ask 10 people for a $10 deposit this week. Count payments, not likes.
Questions and answers
How do you validate a business idea cheaply?
Build the simplest version of the core promise and sell it to 10-20 people. A deposit or pre-order shows demand better than any survey.
What is a pre-order test?
You take money or a deposit before launch, with a clear date and a refund option. If few people pay, you learn it for very little.
Why are friends bad judges of a business idea?
Friends do not want to hurt you, and their yes costs them nothing. Strangers' actions are more reliable: a payment and a repeat purchase.
More trainings in this module
- Profit per sale
- Raising prices without losing customers
- Grow fast or stay profitable
- Hire or automate?
- Risk you can afford
- One priority
Numbers are illustrative. A game, not financial advice.