Should you pursue your idea? How do you know? After you have known, what is the next step?

At The Strategic Founder, we believe almost too much in the power of ideas — because ideas have always changed the world.

Notwithstanding, we have to tell it like it is!

You should not be expecting this from us but you are better off hearing it: Not all ideas should be pursued. In fact, most ideas aren’t worth much and so they aren’t worth pursuing.

Following the Pareto’s Principle, only about 20% of all ideas are really useful. Or failing that, let’s take the inverse of the Pareto’s Principle; let’s think about it in the Sturgeon’s Principle: 90% of all ideas are crap.

And that includes your own ideas and our own ideas. Believe it or not, most of your ideas aren’t worth much. And there is no way to know which of your ideas are good or bad until you validate them — by trying.

Interestingly and luckily, idea validation isn’t rocket science if you are humble enough and really want to learn and get the right things done.

Part of our job at The Strategic Founder is to help ambitious founders like you to validate their ideas and determine if such ideas are worth pursuing at all.

Another interesting point to note here is that, even if your initial startup idea isn’t good, you can always refine them or change them entirely to get a better idea (Remember: humans are never short of new ideas!).

Again, part of our job at The Strategic Founder is to help ambitious founders like you to refine, improve upon, or change their startup ideas entirely for better ones.

Okay, after you have decided that your idea is worth pursuing, what is the next thing to do?

The next step is obvious: develop and build your idea into a product. In other words, build your first version of the product you intend to build with your validated, usually called Minimum Viable Product (MVP).

However, developing and building your idea into an MVP isn’t an easy task. It is simple but not easy.

Simple because it only requires you to decide exactly what needs to be done and do exactly just that. Not easy because deciding exactly what needs to be done and actually doing it is one of the greatest problems most founders usually face, especially at the early stage of startup building (i.e idea and customer development stage.

But, again, part of our job at The Strategic Founder is to guide founders like you to develop and build their MVP. So, we have got you covered!

The Strategic Founder’s chief task is to help, support, and guide you through all the stages of startup building, and that includes idea validation and development.

Let’s help you validate and develop your idea today!