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Research Outline
Prepared for Nick B. | Delivered September 27, 2019
Digital Validation Tools
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Goals
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.
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Early Findings
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.
Validation Canvas
The Validation Canvas is a one-page tool that encourages entrepreneurs to
prove that their idea is bad
.
The tool is
free to use
.
It was created by the company
Futurice
. The company is based in
Finland
. We were unable to determine the release date or founding date, however, we did find that the tool was first uploaded to GitHub
4 years ago
. One of the founders is
Hanno
N
e
v
a
n
l
i
n
n
a
.
The tool helps
validate the value proposition
, customer grouping and willingness to pay. It also is part of a larger collection of tools by Futurice that work together as a
comprehensive service organization creation kit
.
These findings have been compiled into
this slideshow
.
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