Validate Your Idea

Let's get a few things out of the way:

• There is nothing new under the sun. Not even your idea.

• Ideas are cheap. Everyone has one or more. Few ever act upon any.

• Not everyone likes your idea or thinks it's a killer idea.

• Not everyone has the time to drop what they are doing to steal your idea.

• Not everyone wants to go to Africa to try out your idea.

• Not everyone has YOUR passion to succeed at YOUR idea.

Often times, entrepreneurs treasure their ideas and hold them so close to their chests that they dread discussing them even with trusted associates. While caution is sometimes warranted, the consensus in the startup community is that if you can not discuss and validate your business idea early enough, your idea is just that - an idea, not a business. That notwithstanding, be reassured that all ideas submitted for the purpose of validation implicitly bind FailFastInAfrica by the terms of this Non-Disclosure Agreement (NDA), that under penalty of law, prohibits FailFastInAfrica from sharing any such confidential information with 3rd parties.

Having said all that... here's our formula for success: 

Entrepreneurial Success = Idea + (Trials + Failures + Pivots)^N

where

N = Number of times or attempts

Pivots = changes to the original idea based on trials and failures

Bottomline: you may have a great idea, but it will take lots of work and perseverance to succeed. And validating your idea will only propel you faster and further. 

So, go on... Validate that great idea of yours with seasoned entrepreneurs and learn from their years of experience, their knowledge of local markets in Africa, and so much more. And remember, you don't have to share it all, if you don't want to: you can start by asking simple questions about aspects you need help with.  

We're rooting for YOU!

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