STAGE 2Market Testing

 cartoon illustration represents a curved shape tactics poster from the foundation to hiring. It consists of goals, system, market research, assets, marketing, sales, product road map, design, user testing, engineering, legal, finance, pitch deck, fund raising, and hiring.

With your venture's foundations now established through goal setting and startup systems, you are prepared to pursue market testing. Market testing helps you validate not just that your hypothesized target customer wants your quantified value proposition, but also helps you actually refine your End User Profile, Persona, Full Life Cycle Use Case, Quantified Value Proposition, and High-Level Product Specification.

Market testing begins with a continuation of any market research you've already begun. A combination of brief secondary market research and extensive primary market research will position you with relevant knowledge about the market in which you are going to test. This knowledge will help you design the most insightful tests that produce unique insights others don't have access to. Following market research comes the development of startup assets. These assets are digital and lightweight. They include, but are not limited to, a simple website, logo, and any graphics or videos that clearly and concisely communicate the value your venture proposes to provide.

A cartoon illustration represent three groups of people on the center, right, and left sides. Three test tubes placed in the holder on the top center.
A text reads in two lines, disciplined entrepreneurship.

These assets are then put to the test in the real world. ...

Get Disciplined Entrepreneurship Startup Tactics now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.