Permanent Link: https://blogs.babson.edu/entrepreneurship/2019/12/09/solving-problems-and-providing-value-how-2-validate-a-business-idea/
When you are considering starting a venture, how do you know if your business idea is worth pursuing? While the support of friends and family is always a great start, you’ll want more confirmation from your target market before investing significant time and resources into the project. Drawing upon his research and experiences as a…
The following post is from Kimia Sadeghi ’20, founder of Luana Beverages LLC. Luana sells healthy, high-quality, Hawaiian-inspired beverages. The day of my first production run for my beverage startup Luana was one of the biggest achievements in my life. It was the result of a year and a half of hard work and dedication…
The following post is from Jason Henares ’20, founder of .US .US is a lifestyle apparel brand that represents universal sub-cultures. I found my love for entrepreneurship in high school. On a limb I took a class called small business management in high school, similar to that of FME. I instantly fell in love with…
The following post is from Daniel Brassloff ’20, co-founder of Uncontained. Uncontained provides instant and environmentally conscious mug cakes that just happen to be all-natural and gluten free. In working on our venture for an extended period of time, we have come to the realization that perfectionism is impossible in itself. We could never have…
Unruly Studios (formerly JumpSmart), ran by Bryanne Leeming MBA ’16, creates toys for 6 to 12-year-old children to teach them how to code. The company’s products encourage kids to use the entire floor of the room to develop their skills. Bryanne participated in the Summer Venture Program in 2015 and was excited to share her…
Serial entrepreneur Andres Valencia, MBA’15, participated in the 2014 Summer Venture Program with the company GoBag, which sold customizable and lightweight water bottles. Although GoBag is no longer in operation, Andres’ entrepreneurial spirit means that he is always looking for new opportunities. Most recently, this passion led him to Indonesia! What made you want to…
Pet food entrepreneur Emily Lagasse, MBA’15, participated in the 2013 Summer Venture Program with her company, Fedwell. Fedwell’s products are based on home cooked recipes Emily used to heal her dog after he fell sick. Her wholesome pet food and treats allow people to treat their dogs like family more than ever before. What made…
The following post is from Kunal Kumar MBA’18, co-founder of Verrocon, a fall 2016 hatchery business. Perfection can be the biggest obstacle for an Entrepreneur. I realized it the hard way. “Blingtion”, was my first venture that I worked on, it was about shoes with interchangeable shoe accessories. I figured that I’ll make the best…
The following post is from Ali Pincus Jacobs, a Blank Center team member. We’re excited to be at Babson’s Boston Campus for our next event – an in depth product launch workshop! Forget raising capital, the real test of an entrepreneur is the ability to successfully launch their product or idea. However, launching and finding…
The following post is from Fifi Shi ’18, a Butler Venture Accelerator team member. “You can make a great prototype without an engineering background. For me, it was very helpful to work with engineers at the beginning to design a prototype, then to build it myself at the Artisan’s Asylum. Now I can drive the…
