Business

Validate Business Idea

Conduct a pragmatic and balanced analysis of a business idea by examining its applicability, market potential, and risks through the perspectives of three theoretical personas. Provide a blunt validation and clear recommendation based on realistic feedback.

7 steps 1 variables English

Prompt template

Run these steps in order.

01
Provide an overview of the business idea.
02
Identify potential markets for the business idea.
03
Define three theoretical personas including their age, occupation, and pain points.
04
For each persona, articulate the problem they face, evaluate the effectiveness of the proposed solution, and state their opinion on the idea.
05
Analyze market risks associated with the business idea.
06
Explore alternative business models that could be considered.
07
Deliver a final blunt and balanced validation and recommendation based on the analysis.

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