How do you discuss startup ideas?

Where do you discuss startup ideas?

To seek out neutral, unbiased advice, consider these five sites to garner feedback on new business ideas.

  • Reddit. Reddit hosts online discussions about virtually any topic imaginable. …
  • GrowthHub. …
  • PickFu. …
  • Get Your (General) Ideas Out There.

How do you approach a startup idea?

How to develop your Startup Idea

  1. 1.Consider and analyse the relevant markets. …
  2. 2.Note down your ideas and expand them. …
  3. 3.Carry out competitive analysis. …
  4. 4.Model your business. …
  5. 5.Create/design/sketch your mockup and then test it. …
  6. 6.Execute a market survey. …
  7. 7.Develop your final product.

How do I shortlist startup ideas?

Make a list of all the problems / irritations / annoying things that you face on a frequent basis. Then crystallise the problem in a statement by discussing with your cofounder / advisors. Then further shortlist based on what you think may be possible to create (product or service) to solve that problem.

What are the three basic types of startup ideas?

The three basic types of startup ideas are 1. New Market, 2. New Technology, and 3. New Benefit Ideas.

What are some good business ideas?

If you’re ready to run your own business, consider any of these great business ideas.

  • Consultant. Source: Kerkez / Getty Images. …
  • Online reseller. Source: ijeab / Getty Images. …
  • Online teaching. Source: fizkes / Getty Images. …
  • Online bookkeeping. …
  • Medical courier service. …
  • App developer. …
  • Transcription service. …
  • Professional organizer.
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What are the most successful small businesses?

Most profitable small businesses

  • Personal wellness. …
  • Courses in other hobbies. …
  • Bookkeeping and accounting. …
  • Consulting. …
  • Graphic design. …
  • Social media management. …
  • Marketing copywriter. …
  • Virtual assistant services. Finally, last on our list of the most profitable small businesses: virtual assistant services.

What to do after you have a startup idea?

I Have a Startup Idea: What’s Next?

  1. Research the market. After you have developed your core business idea, some market research is in order. …
  2. Create a business plan. …
  3. Also on StartupNation.com: How to Become and Entrepreneur.
  4. Launch a prototype. …
  5. Estimate startup funds.

How do I bring my business idea to life?

If you have an idea for a new business, following these 5 steps will help bring it to life.

  1. Put the Concept on Paper. Some might call this creating a “business plan” but that term can feel a bit off putting. …
  2. Research the Market. …
  3. Invest More Time, Not Money. …
  4. Start with a Small Test Market. …
  5. Work as Often as Possible.

How do you assess a startup offer?

To assess their value, private companies will do a 409A valuation, in which a third party basically estimates what the company is worth. To determine the current value of a share (called the fair market value, or FMV), you divide the valuation by the number of shares outstanding.

How do you value startups?

The various methods through which the value of a startup is determined include the (1) Berkus Approach, (2) Cost-To-Duplicate Approach, (3) Future Valuation Method, (4) the Market Multiple Approach, (5) the Risk Factor Summation Method, and (6) Discounted Cash Flow (DCF) Method.

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