Feras Alhlou walks through the first step when starting a business: validate your idea is market-ready. That means doing market research, talking to customers, checking out competitors, and being honest about what skills and resources you actually have.
Chapters
Hey, Feras, if I wanted to start a business, what would be my first step? Well, go to startupwithferas.com. We have a lot of resources. But jokes aside, I don't know if you can say that in a short, but seriously, there's a lot of great content there. But what I want you to realize is there's no one template or one checklist or one way to start a company. But at the very beginning, what I want you to think about is I want you to make sure your idea is solid and ready to be marketed And it is something that people will buy, right? So the first thing you want to focus on is really to make sure your idea is solid. So read a lot about vetting the business idea. Read a lot about market research, how to speak with people who are likely to buy from you and understand what they're looking for. And also research your competitors and then see the skills that you have and the resources that you have to help you turn this idea into a business.