"42% of businesses fail in the first year due to lack of validation"

How to Validate your SaaS Idea?

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🧵" title="Thread" aria-label="Emoji: Thread"> A thread: https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">

What you& #39;ll learn(TL;DR):

https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> When to Validate?
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Need of Validation?
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Asking for feedback
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Engaging with the target customer
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> BIP Approach

Below you& #39;ll get more insights on each one of them https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">

Idea validation will give the answer for some of these questions:

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔲" title="Schwarzes Quadrat" aria-label="Emoji: Schwarzes Quadrat"> Does this problem exist?
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔲" title="Schwarzes Quadrat" aria-label="Emoji: Schwarzes Quadrat"> Can someone pay for it?
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔲" title="Schwarzes Quadrat" aria-label="Emoji: Schwarzes Quadrat"> What are the existing solutions?

https://abs.twimg.com/emoji/v2/... draggable="false" alt="⭐" title="Mittelgroßer Stern" aria-label="Emoji: Mittelgroßer Stern"> 1/ When to validate?

As soon as you can, YES!!!

Your idea is like your partner and you need to validate your partner before putting effort into it.

Many of the founders do mistakes by making products first and then go for validation.

https://abs.twimg.com/emoji/v2/... draggable="false" alt="⭐" title="Mittelgroßer Stern" aria-label="Emoji: Mittelgroßer Stern"> 2/ Why is there a need for validation?

Validation has some benefit like:

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔲" title="Schwarzes Quadrat" aria-label="Emoji: Schwarzes Quadrat"> It reduces the risk
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔲" title="Schwarzes Quadrat" aria-label="Emoji: Schwarzes Quadrat"> Test the product demand
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔲" title="Schwarzes Quadrat" aria-label="Emoji: Schwarzes Quadrat"> Prove hypothesis
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔲" title="Schwarzes Quadrat" aria-label="Emoji: Schwarzes Quadrat"> Determine audience
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔲" title="Schwarzes Quadrat" aria-label="Emoji: Schwarzes Quadrat"> speeds up the creation process

Now you know the benefits let us move to the actionable stage

https://abs.twimg.com/emoji/v2/... draggable="false" alt="⭐" title="Mittelgroßer Stern" aria-label="Emoji: Mittelgroßer Stern"> 3/ Asking for feedback from your target audience

I& #39;ll share what I did:

https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Drafted a message with a raw idea statement
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Sent the idea in DM to a few potential users
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Updated the raw idea every time I got feedback

https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> After few iterations, I started connecting with potential users over short meetings

https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> This gave me an idea of what to include in MVP

I& #39;m thankful for some of them for providing feedback and helping me on this: @ayshptk @arvidkahl

https://abs.twimg.com/emoji/v2/... draggable="false" alt="⭐" title="Mittelgroßer Stern" aria-label="Emoji: Mittelgroßer Stern"> 4/ Tweet and Engage with users

I posted a tweet through which I got to know few amazing products.

Engage in tweets that ask "what you& #39;re working on" (works great)

Engaging with potential users lead to getting the attention of more
similar users https://twitter.com/ujjwal_sukheja/status/1385858936801087495">https://twitter.com/ujjwal_su...

https://abs.twimg.com/emoji/v2/... draggable="false" alt="⭐" title="Mittelgroßer Stern" aria-label="Emoji: Mittelgroßer Stern"> 5/ Build-in-public approach

I use this approach and most of the creators I know also use this to:

https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔲" title="Schwarzes Quadrat" aria-label="Emoji: Schwarzes Quadrat"> Built a massive audience
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔲" title="Schwarzes Quadrat" aria-label="Emoji: Schwarzes Quadrat"> Got paying customers in early stage
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔲" title="Schwarzes Quadrat" aria-label="Emoji: Schwarzes Quadrat"> Created great connections

This will also help you at the time of launching the product

Small Recap https://abs.twimg.com/emoji/v2/... draggable="false" alt="👀" title="Augen" aria-label="Emoji: Augen">

https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> When to Validate?
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Need of Validation?
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Asking for feedback
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> Engaging with the target customer
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen"> BIP Approach

These are the process that I follow to validate an idea.

Let me know if you& #39;ve something more to add to this.

What product are you working on tell us in the reply section?

If you got value from this thread then RT this and follow me for more threads.

Here is the first tweet that you can retweet to help provide value to your audience as well. https://twitter.com/ujjwal_sukheja/status/1386944459070398464?s=19">https://twitter.com/ujjwal_su...