Segment 7 (2021) - Validate or Implement

[Paul Terlemezian]

What is best for you, the idea, and those who will benefit from the idea?

• What is the purpose of validating an idea?
• How can it be validated in a manner that results in a better, speedier, less costly implementation?
• What is the purpose of implementing an idea?
• How can it be implemented in a manner that results in a better, speedier, less costly implementation?
• What other factors need be considered?
• What examples make your point?

Humorists:

• Richie Cullom
• Steve Martin

Panelists:

• Troy Buckholdt
• Chris Kopp
• Pete Mastin
• Alexandre Poulin
• Jerry Sutton

Moderators:

• Eric Bluestein
• Doug Dell

Remarkable Speakers (Listeners:)

• Hari Kunduru
• Larry Mohl

[Alex Poulin]

Hi everyone, 

Here's my question for the panel: What advice would you give to someone just starting out to build their online business that you wish you had when you first started out? 

Looking forward to it, 

Alex

[Paul Terlemezian]

Be sure to listen to your prospects (i.e. potential clients) and "love" (i.e. become great at) selling (i.e. listening/responding respectfully to their needs) vs. pushing your perspective.

[Alex Poulin]

Thank you for the answer Paul! Would love to hear more about it but it seems quite important that you point out that we should not forget it's a business first before it is an online business. 

[Paul Terlemezian]

Yes - there can be a tendency to avoid selling and hope that the technology will do that for us.

[Alex Poulin]

Duly noted, thank you for the advice! 

[Pete Mastin]

Run hard and fail fast! Don't overthink it. 

[Paul Terlemezian]

Terrific advice - guilty as charged!

[Alex Poulin]

Same here! 

[Paul Terlemezian]

Steve Martin reportedly hypothesized:

"What if there were no punch lines? .... if I kept denying them the formality of a punch line, the audience would eventually pick their own place to laugh, essentially out of desperation.^[18]"

Is this similar to inquiry-based learning? https://en.wikipedia.org/wiki/Inquiry-based_learning

[Eric Bluestein]

Hi Panelists: 

The time is coming fast for your spotlight - this Thursday. 

Can you please let us know the subtopic you want to to discuss as part of the value of validating an idea? 

Be great to have this before Thursday so we can ensure everyone knows and can prepare. 

Best,

Eric.

[Chris Kopp]

Hi Eric,

Looking forward to being one of the panelists this Thursday.

Confession time. I'm a recovering 'chicken'. I have tons of great ideas but I've been scared to implement them because...what if they don't work, or someone criticizes them, or someone challenges them? That's why in the past I've found it easier to just think about ideas and not actually implement them.

But, I have found that 90% out the door is better than 100% in the drawer. My sub-topic then would be around:

• Do other people suffer from paralysis by analysis when it comes to moving from idea to implementation?
• What have you done to overcome the fear of moving an idea forward, and
• Some things I've found useful in moving an idea forward to implementation

[Paul Terlemezian]

Chris - perfect questions for this conference.