Test your startup idea on 3 parameters

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Test your startup idea on 3 parameters

Test your startup idea on 3 parameters

Amidst the growing attraction of entrepreneurship among the youth, they want to step into this field, but in the beginning, they face a challenge. This challenge is to find a good idea that can be developed and lay the foundation for a startup. This choice is the most important decision for the founding team of any startup. By looking at a few points, you too can discover a good startup idea.
If your idea meets one of these three criteria, then believe it is a good idea-

1. Make easy to Any difficult task
Airbnb had the same idea. They made it easier, to rent and give apartments. In addition to this, social tools such as Facebook and LinkedIn are also based on the idea of making it easier to maintain contact with multiple people at once.

2. Make an expensive thing cheap
Companies like Apple make highly advanced technology available to consumers at affordable prices. Deal sites like Groupon do this directly. People like to save money and when you give them a discount, it is perfectly natural to attract them.

3. Doing something that entertains
Music, gaming, video, and media companies only entertain consumers. Netflix is ​​in this region.


Solve a big problem
Market size is not always an indicator of success. A better indicator than this is how happy you are at your consumers. If you make some customers very happy, then it will be much better than making some customers a little happy. This means that the market of your product is definitely small, but if you are solving a big problem of its users, then they will definitely come to you.


Have a sympathetic view
Usually, you find a solution to a problem only when it bothers you. However, many founders have created things that they did not need, but they were adept at taking and implementing user feedback and their customers needed this solution.

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