Shankar Ramamurthy shares a one minute video about the best people to share your idea for a new company with.
Virtual Power System CEO Shankar Ramamurthy knows about great business ideas. Before digging in, writing a business plan, and seeking funding, it is important to get validation as to whether you have a viable product or service on your hands. There are several people to start with. First, check with a potential stakeholder, customer, and investor to get their thoughts on how your idea would fit in the market. Next check with a technologist, engineer or an industry expert, depending on where you see potential challenges. If you are an entrepreneur you can save yourself a lot of time by first checking with people or potential advisors with the right experience to give you a better idea if you need to innovate some more, scrap the idea entirely, or get started as quickly as possible.
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