Did you think that your startup has failed? Did you think that you have wasted your time and money only to build an run a struggling startup? Don’t quit just yet.
Chances are, it’s not your idea that sucks; it’s your product and execution that suck.
Here’s a good case study for you: Trevor Owens started Campus Bike about 4 years ago. He spent so much time building the scooter-selling website, including custom e-commerce software to support the business sales.
The website looks nice. So he’s making many sales, right? Wrong. In six months, he has sold… one scooter. He was on the brink of losing his $10,000 investment.
He tried to do everything he could do get more sales; he failed miserably. He quitted.
But not long after that, Trevor launched a tool called Validation Board, based on Eric Ries‘s Lean Startup methodology. He then decided to restarted the business as an experiment using the board, to see whether it can really help him in finding success.
To say the least, he ended up learning more in a day using the board than in 6 months running the business.
How does the tool help him? Watch the case study:
Wow. He has figured the market out in 3 days – something that will take others 6 months – even more – to figure out.
He has successfully identify the target market’s need and want. He has successfully determine the right pricing. And the rest is history.
You see, the board lets you test your startup idea without wasting time and money. In essence, the Validation Board lets you know whether your idea has a good chance to make it BEFORE you actually start the business.
The Validation Board also helps you re-launch your business if you still believe that your idea rocks; the tool lets you know the problems with your previously struggling business almost immediately after you start using the tool.
Fantastic. “So, how much does this thing cost?” you asked. The answer is: Zero. Nil. Zilch. Nada. It’s free to download and free to use – in exchange for a tweet. That’s all!
Get the board and start hustlin’!
