Turning an idea into a revenue-generating business requires a systematic approach. Here's the framework that works.
Step 1: Validate the Problem
Before building anything, make sure you're solving a real problem that people care about.
Step 2: Research the Market
Understand your target market, competition, and potential customers deeply.
Step 3: Build a Minimum Viable Product
Create the simplest version of your solution that solves the core problem.
Step 4: Test and Iterate
Get feedback, make improvements, and repeat until you have product-market fit.
Step 5: Scale
Once validated, scale your business with confidence.