The Validated Entrepreneurial Journey

A program designed to guide aspiring entrepreneurs through the process of identifying passion projects, validating them as viable businesses, and only then committing to company formation. It emphasizes data-driven decision-making and risk mitigation by prioritizing customer validation before significant resource investment.

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Program Modules

❤️

Identify Your Passion Project

Uncover a passion project that genuinely excites you. This is the foundation for long-term commitment and resilience. Understanding what you deeply care about sets the stage for a sustainable entrepreneurial journey. Why? Because passion fuels perseverance when facing challenges. Clear Learning Objective: The learner will identify at least one passion project with potential for market validation.

Brainstorm Passion Areas

Daily

List 5-10 areas you're passionate about. Consider hobbies, interests, and problems you'd love to solve. Try to make the list as diverse as possible, thinking of hobbies and professional interests. Clear Learning Objective: Generate a diverse list of potential passion areas that could translate into entrepreneurial pursuits.

reflection

Reflect on Expertise

Daily

Consider what unique skills or knowledge you can bring to each passion area. Think about your professional experience, personal hobbies, and educational background. How can those be applied to create value in one of your passion areas? Clear Learning Objective: Evaluate personal skills and expertise and map them to identified passion areas.

reflection
✅

Validate the Idea

Test your idea with potential customers before committing resources. This phase focuses on gathering data to reduce risk and increase the likelihood of success. Failing fast saves time and resources in the long run. Clear Learning Objective: The learner will validate (or invalidate) their chosen passion project as a viable business idea through customer research and minimal product testing.

Customer Interviews

Weekly

Conduct at least 10 customer interviews to gather feedback on your idea. Focus on understanding their problems, needs, and willingness to pay for a solution. The goal is to understand if the problem is compelling and worth solving. Clear Learning Objective: Conduct structured interviews to collect data on customer needs and pain points related to the proposed solution.

discussion

Minimum Viable Product (MVP)

Weekly

Create a basic MVP to test core functionality with real users. Focus on validating the core value proposition of your idea. An MVP might be a landing page, a simple prototype, or a service offered manually. Clear Learning Objective: Develop and launch a basic MVP to test core functionality and gather user feedback.

simulation
🏢

Commit to Company Formation (If Working)

Only after validation and demonstrated traction should you commit to forming a company. This phase helps avoid wasted time and resources on unvalidated ideas. Treat company formation as a major commitment requiring sufficient proof of concept. Clear Learning Objective: The learner will make an informed decision about whether to proceed with company formation based on validation data.

Legal Structure

Weekly

Determine the appropriate legal structure for your company (LLC, S-Corp, etc.). Research the pros and cons of each option and consult with a legal professional if needed. A well-structured legal entity ensures compliance and helps protect your personal assets. Clear Learning Objective: Choose the appropriate legal structure for the business based on its specific needs and circumstances.

reflection

Business Plan

Weekly

Develop a comprehensive business plan. Outline your mission, vision, strategy, and financial projections. A strong business plan serves as a roadmap and helps attract investors. Clear Learning Objective: Create a business plan outlining the company's mission, strategy, and financial projections.

reflection