Most business ideas don’t pass this test

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Slidebean can help validate your business idea with our:
► Lean Validation Board Template and other tools
► Startup Business Validation Lessons
► Startup Community Events
& more…
Our Community gets 30% Discount on their Slidebean Subscription. Get started now: Use code ‘SLBYTCOMMUNITY’ or check out youtube.slidebean.com/validat...
We made sure Slidebean passed this test before we started building. Long before Slidebean existed, Trevor Owens co-founded a company called Lean Startup Machine- looking to help startups get started- with RU-vid videos and stuff.
My co-founders and I actually printed one to de-risk Slidebean back when we were brainstorming ideas for our business. We actually printed one out, full size, and put it in our office, post its and everything. We’ve been recommending it to our customers for years.
It’s pretty cool to meet someone who unknowingly has had such an impact on your own business. Trevor has now moved on to other projects, and so I wanted to get his blessing on this.
This is the Lean Validation 2.0, Slidebean’s own version of the original board, with some tweaks and changes based on what we’ve learned so far.
In this video, I want to show you how it works.
Download the Lean Validation Board 2.0 ► yt.slidebean.com/nhm
Grab a physical 24x36 print of the Lean Validation Board 2.0 ►
$25 - yt.slidebean.com/t8v
Subscribe to our FREE weekly startup newsletter ►yt.slidebean.com/zvg
About Slidebean
Slidebean is a platform for founders to scale their startups. Our platform offers everything you need to build your startup, your pitch deck, set up your company, and start gaining traction.
Our team of experts can also help you write and design your pitch deck and build the financial model for your startup.
#startups #slidebean #leanstartups #validation #businessideas
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Caya
Twitter: / cayahere
LinkedIn: / caya

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Опубликовано:

9 июл 2024

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Комментарии : 78

@slidebean Год назад

Download the Lean Validation Board 2.0 ► app.slidebean.com/documents/6179a66d5f9cc70024c625a5/?

@Ethiopianguru 2 месяца назад

this link is not directing me to the download page

@collectitbydiyversity2442 5 дней назад

@slidebean same here. is there a new link?

@BensTechLab 5 месяцев назад

I’m amazed you validated your hypothesis that people hate PowerPoint. I’ve been in tech for over 20 years and worked with thousands of individuals. I’ve never met one person who hates PowerPoint, the app itself. Sure people hate bad presentations… bad slides or poor delivery but not the app itself. When people say they hate PowerPoint they usually mean they don’t like boring corporate presentations of 200 words crammed onto one slide (which is not the fault of the app).

@aar0n709 3 месяца назад

Exactly what I was thinking. I’ve used PowerPoint since elementary school. Not a single issue. MS Office is ubiquitous in most businesses and academia. No reason to switch unless you’re gonna use G Suite which you can use for free or close to it.

@kamalnathkanthimathinathan1473 Год назад

You've touched one of the most underrated things in the business world. Keep up your good work...

@global_Jesus 2 года назад

Caya your timing is impeccable. Much appreciated thanks man.

@slidebean 2 года назад

You're welcome, Chris! Glad to help man

@devstuff2576 2 года назад

Slidebean, have you considered helping startups for equity (after evaluating them) ?

@NathanKwadade 2 года назад

@@slidebean Caya I visited your amazingly beautiful home country of Costa Rica 🇨🇷 “Pura Vida”

@mikhailratner7091 2 года назад

One of the best channels for pratcitcal real-world startup tips! As always thank you! I'm sure to get a subscription some day when I need to create presentations again.

@pocket5s1 2 года назад

I am curious if you used a lean validation board to validate if you needed to create a new lean validation board?

@azrifarhanhanif2975 2 года назад

Leanception

@angcil88 Год назад

He probably did lmao

@diegoallcore Год назад

Lol

@fabricekabongo Год назад

lol

@slidebean Год назад

🤯

@karthikranga 2 года назад

Damn, I wish this video was released last week or I should have waited until this week. I had send out a product validation survey to Backstage with Millionaires RU-vid Channel and they posted it on the Community tab. I got amazing responses and feedbacks! I could have tweaked that a bit from this video but nevertheless I got good feedback for the product I am working on. Caya and Slidebean team if you are reading this. Could you do something similar to that for Slidebean members only? Like posting a budding entrepreneurs market validation surveys in the community and people of Slidebean RU-vid followers could answer the survey if they are interested in the product.

@alan6685 2 года назад

OMG.. a little off topic however, that wall in the BG is brilliant! Was a little lost for why there were holes everywhere till I understood you can place shelves anywhere. That's great! So useful for a startup too.

@midediamond6314 2 года назад

This is amazing and well explained Caya. Thanks a lot

@Steventhefounder 2 года назад

Really, Happy to watch this Thank you for this

@AbhinavKulshreshtha 2 года назад

This is very informative. This is a nice and organized workflow to manage thoughts about the company.

@weber1209rafael 2 года назад

Amazing video, im going to print this board asap. Funnu thing, i just got back form a investor meeting and is really looks like we are getting funded, im having a amazing day haha

@slidebean 2 года назад

Congratulations! Hopefully this will help you have everything rock solid!

@oooooooo4789 2 года назад

Congrats!!!

@gedewahyu.p 2 года назад

congrats!

@weber1209rafael 2 года назад

@@slidebean This wil definitly help a lot! Especially with getting the 2 potential new team members up to speed with lean development :)

@Ivan-bg1jp Год назад

How did it go?

@Kromate_24 2 года назад

Lovely content as usual

@matthcw8745 Год назад

Super insightful

@pablorpalafox 2 года назад

Gracias por el vídeo, Caya!

@charlieparra6554 Год назад

After watching this video, it made me think if you have so many assumptions and doubts about your product, then what's the point of starting a company? What I believe is, clear on the idea and then think of starting a company. It will make your startup journey a lot easier.

@xilw3r Год назад

your idea might be clear to you, but who can predict the reactions and pain points of all the people you target? this just says "do market research" on a fancy poster ...

@gidd Год назад

@@xilw3r You expect to be spoonfed all the info on a single chart?

@Ricebender 2 года назад

I’m curious to find out about the validation criteria quota. What are good benchmarks ?

@julianwagle Год назад

This seems like a shortened version of just rethinking "who? what? when? where? why? how?" as you scale from idea to company. Would you agree? Who (Who is the target audience?) What (What is the solution?) When (Is now the right time?) Where (Mobile, Web, Extension, Offline) Why (What is the pain point?) How (How can you build this solution?) Reordered as: Why (What is the pain point?) Who (Who is the target audience?) When (Is now the right time?) What (What is the solution?) Where (Mobile, Web, Extension, Offline?) How (How can you build this solution?)

@johanneszwilling Год назад

Effing GOLD! 🌟🌟🌟🌟🌟

@Ashwin.Ravichandran 2 года назад

Must needed video

@dipenderb 2 года назад

Do we not consider competition in the lean validation board?

@tompuijpeNL 2 года назад

I think it could be a great tool in addition to the Strategyzer methods.

@masterz1848 Год назад

Hi, I am not able to download the digital version

@devstuff2576 2 года назад

Slidebean, have you considered helping startups for equity (after evaluating them)?

@GoFastJames 2 года назад

All ways love the content keep up the good work. But having no luck with slidebeam as well 40+ business plains/pitch deck companies/freelancers. Its been crazy not making sense why I can have a bunch of VC as well as other investors understanding this project but they need it on paper and want to invest. But the ones that do business plains and pitch decks don't get it well to put it on paper. One the first VC talked with warned me it will be hard to find someone that can explain this on paper, later on they wanted to do this so they paid someone to help and still they couldn't do it.

@sjonnala Год назад

@Caya I think I checkout to download the sheet is broken. I'm unable to download the document. It keeps on navigating to the plan selection. Please fix this.

@AliEl 2 года назад

Would you consider a 27% conversion rate at the beginning when you're asking people about the idea to be strong enough to build a MVP? or should we aim for a higher percentage. Also what would your guess be for industry standard (if there is one) in terms of conversion rates? Thanks

@mehdizyoutube 2 года назад

i would put it at the sample size , not the percentages first. it takes a lot more to it , you are asking sales, if they want to haphazard answer partial question , it's a lot of grit, but a lot of intuition of results

@AliEl 2 года назад

@@mehdizyoutube So you are saying to focus on the people behind the number? 🧐

@alexlarsen1392 Год назад

Depends how high your customers acquisition cost is in my opinion and margins you make some things I sell are difficult too close often 27% isn't too bad but I don't know all the details

@Limonshirtguy 5 месяцев назад

Gonna design and build this into figma

@elizeebz Год назад

What’s the difference between this and PMF?

@romuloribeiro277 6 дней назад

this link is not directing to the download page

@aryeahuy Год назад

I want to ask, let's say you have 3 core assumptions and 2 of them are already validated, then if there is 1 last core assumption that failed to be validated, then you change the audience/pain point, do you need to revalidate the whole assumption? since different audience means a different answer to the other 2 assumptions

@reecebrauer7289 2 года назад

What if your service isn't really addressing a pain point but is helping customers make money in a way they hadn't considered? Is the process still the same?

@victorgaladimawa6399 2 года назад

Super as always! But please next time use a silent marker pen as the noise of the marker scratching on the paper triggers me.

@cesarazevedo768 2 года назад

Dude, how long does ir take from idea to a video like this to come out?

@cayahere 2 года назад

About 4-6 weeks from idea to release.

@cesarazevedo768 Год назад

@@cayahere hats off to you and the team!

@danepane527 Год назад

Starting from zero, how do you get 1k+ folk to give me feedback on an assumption? Thinking cold calling, cold emailing is just going to get ignored. Thanks in advance

@KOSMOinfinite 2 года назад

Can this tool work for service based startups?

@garye729 2 года назад

Following

@irukaonwubiko6926 2 года назад

should calll it the 'bean validation board'

@cayahere 2 года назад

🤯 how could I not see this

@navdeepredefine 2 года назад

MVP in 2022 is a real functional product. Take firebase and build it in months. A fake signup button or customer feedback on the idea is an old-school concept.

@cayahere 2 года назад

Wrong. ‘Months’ is too long.

@Vedrajrm 2 года назад

I have an idea I have a starting team who are willing to build it What do I do next? This video is basically the answer

@s43m Год назад

1:42

@JohnyArt 2 года назад

greate video

@abuozzy6886 2 года назад

How about a new LinkedIn..??

@pablorpalafox 2 года назад

Hey Caya, if we have a paid plan, where is the form to ask for a printed version of the board? :)

@cayahere 2 года назад

In the description 😀

@AlexandroAnaya 2 года назад

👏🏼👏🏼

@tefomotaung 2 года назад

Here before 1k views woohoo!

@slidebean 2 года назад

Wooohoo!

@danf4447 Год назад

ok some hipster doofus wants money to fund a startup and his first words are "its 70 percent doing and 30% thinking.." as an investor i would be out and so would anyone not keen to lose their hard earned money! ... HA... back to school

@theoprentice9702 2 года назад

normies. marketing. thin product. indefinite optimism. weak sauce. low conviction.

@wittyroark Год назад

I have never understood the need to validate your thought process of a new business idea with other people. Firstly - people have biased opinions, and their answers change with change in product pricing. Secondly - you would intitutively know if there is an actual demand for this product or not... or it's just a play of your empty mind.

@gedewahyu.p 2 года назад

I attest that this board is effective. This video reminds me of that single e-mail sent from Slidebean, and of course I answered that my company is struggling in fundraising. Fast forward several weeks, after that Slidebean released their investor finder feature. My immediate thought when I got that list was: this is awesome. Fast forward until now, in learning and struggling to make my company to be my priority, I haven't actually used that feature. I'm still conflicted in whether I need to follow the lessons that fundraisers always need a warm intro in e-mailing investors, or whether I can trust this tool, whether this tool is accountable. I'm certain that you're going to do another survey to learn whether the investor finder is a good feature or not. A video comparing the successes of those who only followed your suggestions of warm intros, those who only used the investor finder, and who used both, will help you to move up your subscribers's learning curve in fundraising. For me, I need to use that feature again because the last time I used it, after seeing the industry category of the only investor I found, I'm disheartened to see that we don't belong in the same category of industry. We instead continue our fundraising from family and friends, which luckily succeeds. However, in the longer run, I still need to see whether I can trust Slidebean's suggestions of investor contacts -- it's a matter of accountability. Please nail that -- coming from a fan.