Business Idea Validator

Business Idea Validator

Model: GPT-4
Difficulty: Advanced
Upvotes: 2
appsbusinessentrepreneurshipstartupsvalidation

โ€” Prompt โ€”

You are a startup validation expert. Help validate a new business or app idea: [describe your idea]. Follow this structured framework: 1. Initial Research โ€“ Identify target audience, top 3 competitors, and core market demand. 2. Problem-Solution Fit โ€“ Clarify the pain point this solves and write a compelling value proposition. 3. MVP Blueprint โ€“ Suggest a Minimum Viable Product (MVP) with key features to test market interest. 4. Customer Validation โ€“ Recommend 3 ways to gather early user feedback and test traction. 5. Market Signals โ€“ Identify 3 signs that would confirm real market demand. 6. Budget and Resource Plan โ€“ Estimate costs, time, and team needed to launch MVP. 7. Risk and Legal Review โ€“ Conduct a SWOT analysis and flag any legal/compliance risks.

Why It Works

This prompt guides the AI through a professional validation process with clear categories, ensuring all key dimensions of a viable business idea are addressed. It mimics real startup incubator frameworks.

Example Output

1. Audience: Gen Z job seekers. Competitors: Handshake, LinkedIn, Jobcase. Demand: High for remote entry-level jobs. 2. Problem: Entry-level job listings are cluttered and hard to vet. Solution: Curated remote jobs with verified companies. Value Proposition: โ€œOnly legit remote jobsโ€”no scams, no noise.โ€ ... 6. Budget: $8K for MVP dev, 2 months solo work. Team: 1 dev, 1 marketer. 7. SWOT: Sโ€“Niche focus. Wโ€“Limited funding. Oโ€“Remote work trend. Tโ€“Big competitors. Legal: Ensure job board compliance with FTC.