When you’re interested in starting a business one of the first words introduced into your entrepreneurial vocabulary is validation. Advisors want to drill that into your head. It’s like being a toddler, and your mom is trying to get you to say your first words and repeats it incessantly…
Situation: Poor contact in the Philippines. Speaks English intelligibly (not flawlessly). High school diploma. Young, good interpersonal skills, persistent. No other skills to speak of. Will work 4 hours/day for $1250 pesos/week (about $28 USD).
When you have a Startup idea, a preliminary step you should take, is to validate the idea. Don’t jump head first into creating it, which is what most people do. I’ve done it; I know the painful feeling of spending $10,000 on an idea that went nowhere.
I recently got connect to Avi, the co-founder of Ivory Clasp. It’s a subscription service that delivers a brand name purse worth over $100 for only $45 right to your door.