UNO TUTEE: VALIDATED
Seeking affirmation and feedback is a normal and necessary part of both personal and professional life. In our daily lives, we frequently seek approval from friends and family for our appearance, choices, and actions. This boosts our confidence and ensures that we make decisions that are consistent with social norms and our own self-image.
In the same manner, seeking affirmation and feedback is crucial for business success. When putting a company idea or product into action, you need to know if it will resonate with your target audience and if there are any places for development. Feedback from potential consumers, coworkers, mentors, or industry experts can provide useful insights that can be used to improve your business strategy, product, or service. It also aids in the identification of any weaknesses and blind spots that you may have overlooked during the planning phase.
In this context, we recently completed a task that required us to interview at least ten students with a simple yet pivotal question: "Are you willing to subscribe to our service?" The results were encouraging, as we received ten affirmative "Yes" responses, indicating that we are on the right track to developing an effective and relevant business. The question of whether individuals would be prepared to pay for our service functioned as an indicator for the viability of our concept. It's equivalent to asking, "Does our business idea resonate with our potential customers?" In other words, we wanted to know if our vision aligned with the wants and preferences of our target audience. Receiving ten positive answers was certainly uplifting. It confirmed our notion that our concept was sound and was appealing to our target audience. However, these "Yes" responses were more than just affirmations; they were proof that our proposal had the ability to meet a market demand or address a problem.
Thus, I've realized the importance of validation in business development. In the same way that we seek assurance in our daily lives in order to feel confident and make sound decisions, a business requires external validation in order to validate its relevance and potential. Positive comments from those ten students were more than just "Yes" answers; they were seeds of belief and motivation that grew in the early phases of our business venture.
#studentrepreneurialspirit #studentsproblem
