My First Million
The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.
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50-Person Interview Process
Systematic interviews with 50+ industry participants to understand pain points and validate opportunities
Why It Works
Provides comprehensive understanding of industry dynamics and builds network for future customer/partner recruitment
Prerequisites
Research frameworkInterview scriptsCRM system for tracking contacts
How to Execute
1
Map value chain to identify interview targets
2
Develop consistent interview framework
3
Track insights in centralized database
4
Validate findings across multiple interview subjects
When It Fails
When interviews are biased toward one stakeholder group or when insights aren't systematically captured
Real Example
“Interviewing 50+ maritime industry participants to understand procurement challenges and validate marketplace opportunity”