"In many ways, the ability to ask the right questions is more powerful than the ability to answer them."
Validation is essentially the process of asking a set of object-based authentication questions. If the questioner has a limited scope then the validation naturally will prove limited.
Idea validation is possibly the single most important attribute an entrepreneur must seek out.
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The methods used by entrepreneurs and others alike such as; Trial and Error and system redesign for resolution are primitive methods of working. Today, with a vast quantity of knowledge available for referencing and benchmarking – any method otherwise might prove ineffective.
I-TRIZ is a containment of research into inventions, patents and successful businesses and entrepreneurs over the last sixty years totalling 5 million papers covered. The geographical coverage spans the global with examples from numerous countries.
The research showed that there was a basic methodology that was followed by them all. Tabulated in I-TRIZ as the fundamental postulates and rules of working.
“An Idea is only as good as its derived value.”
I-TRIZ tools offer exposure to an extensive range of possible factors. Thereby putting the idea into the I-TRIZ problem formulator will subject the concept to many real-time factors and methods such as the su-field analysis, contradiction matrix, operators, to question and validate of the basis of the idea’s hypothesis.
One of the operators might prompt – What if conditions of the idea are changed. Will the idea survive? Are there fallbacks? What if demand is pushed from 50 to 500? Or 50 to 5? . . . .
The results obtained are unfathomable by conventional thinking. Investors have been known to appreciate survival of an entrepreneur’s idea when put through the I-TRIZ ISQ. With proof of concept and the implementation outlay it been known to make it easier to attract investment.
Given these, the feasibility plan of the idea is a foremost priority –Many entrepreneurs and ideators have found an acid test of the idea to be worth more than the idea itself. For; it will tell you what the true potential is.