21 Feb '12, 1am

Startups validate their ideas at JFDI-Innov8 BootCamp

Startups validate their ideas at JFDI-Innov8 BootCamp

The JFDI-Innov8 BootCamp follows the Lean Startup methodology , which emphasizes rapid prototyping and testing with users from early on. The underlying assumption is that there is no point in wasting your time and energy on developing a product only to discover later on that nobody wants it. Failing fast allows the team to ditch an idea and move on to the next one. Many teams have rolled out their minimum viable products (MVPs)- the bare bones of the main feature of their idea and have started testing it out with their potential users and customers. Most of the teams have also found it useful to put up a website with waiting list or Facebook fan page to start gathering their early adopters around them. Even though quick validation makes sense rationally, it is often not so easy for the teams emotionally. Daniel from Indonesian startup 'Kark' writes on the "How Do You Feel?...

Full article: http://e27.sg/2012/02/21/startups-validate-their-ideas-at...

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