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How to get feedback on your business ideas

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Business Idea News

How to get feedback on your business ideas

If you’re hoping to get feedback on your business ideas, there are a few different avenues you can explore. One option is to reach out to a friend or family member who you trust and who has experience in business. Another option is to join an entrepreneur group or meetup, where you can network with like-minded individuals and get feedback on your ideas.

There are also a number of online resources that can be helpful, such as forums and websites devoted to startups and entrepreneurship. However, it’s important to be cautious when soliciting feedback online, as you don’t want to share too much about your business idea before it’s fully developed.

No matter what route you decide to take, getting feedback on your business ideas is an important part of the development process. By getting input from others, you can refine your ideas and make them better. And by asking others for feedback, you can avoid feeling pushy or overeager when trying to sell your ideas.

Some tips:

– Find the right person to talk to. If you’re not sure who that is, start with someone who is supportive of your general idea.

– Ask questions that focus on exploring the details of an issue, rather than questions designed to get yes/no answers.

– Avoid getting defensive. Remember that feedback is meant to help you improve your idea, not attack it.

People also ask:

Find the groups most related to your idea or product, join them, and start contributing comments, likes, and feedback on other’s posts. Once you’ve built up some credibility in the group, ask for their feedback on what you’re working on. You’ll be surprised how much value you get from this simple tactic!
Best Practices to Collect Feedback for Startups
  1. Create a customer feedback portal.
  2. Get to know your customer.
  3. Collect feedback regularly.
  4. Ask for feedback at the right time.
  5. Share your product with customers early and often.
  6. Make it easy for customers to provide feedback.
Where to get feedback on your pitch
  • Do a “practice pitch” for potential investors. …
  • Ask an angel investor. …
  • Find a mentor and establish a relationship. …
  • Ask your intended customers for feedback. …
  • Head down to your local Small Business Development Center. …
  • Get involved with a university entrepreneurship center.

Get continuous investor feedback

The same way you would do with your customers, regularly request feedback from your investors. Send them surveys after your Board meetings and keep them informed of your activity with regular updates to build and maintain a trustworthy relationship.

Write questions that let you collect customer feedback relevant to the challenges your business is facing. It’s also very easy to implement surveys with free tools like SurveyMonkey, Google Forms, and Typeform. However, customer surveys also have some drawbacks.
Questions to Ask for Feedback on Performance During Employee Reviews
  • What’s one thing that I’m doing well with and should carry on doing? …
  • What’s one thing that I could do to be more effectively? …
  • What can I do to help take the company forward? …
  • How can I make your job easier? …
  • When will my next performance review be?
Asking for a specific example, or saying “Can you tell me more about that?” Let the person giving feedback know that you really want to understand their perspective.
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