Digital Validation Tools
In order to prepare a talk for a course on entrepreneurship, compiled a slideshow of ten simple digital tools and/or tactics that can be used to validate new business concepts.
The Validation Board
- The Validation Board is a free, one-page tool to help start-ups validate their idea without wasting any money or time.
- It was created in 2012 by The Lean Startup Machine and is based on founder Eric Ries methodology and the observation of over 500 startups.
- The tool is free to use online, or costs $4 to print in black and white. A color print of it costs $50.
- The tool helps startups ensure that their idea will be useful to consumers. It leads entrepreneurs through the process of forming hypothesis about the problem they want to solve, listing assumptions, testing the assumptions, defining success, and then deciding if the assumptions are valid and if the idea is worth moving forward with.
Proposed next steps:
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As the initial research was able to find two digital validation tools, we recommend continuing the research to identify eight more tools. For each, we will complete the slideshow with an image of the tool, the name of the tool, a one sentence description, information on how long the tool has been available, who created it, the price, and the problem it solves.