Why is this Important?: You need to validate not just your idea, but your company, business plan, and technology
|Key Actions||Things to Consider||Tool Kit|
|Validate value proposition by using data from feasibility studies to query high value influencers, experts, and customers||Have you talked to at least 30-50 people?
Have you defined your target ideal customer and use case?
|Value Proposition Template|
|Interview key stakeholders and influencers to expand on process used in feasibility validation/study||Go back to some of the original people you interviewed and assess how they react to any changes in the offering|
|Identify luminaries that can be used to further enhance the credibility of the company||Your original influencers can steer you to these new contributors
Seek permission to use their names as contacts during due diligence
These people should be considered as potential board members or advisors to strengthen your management team
|LSWI WIN Mentor Program|