Knowledge Marketplace
My First Million

My First Million

The best business ideas come from noticing what's working and doing it better, faster, or for a different audience.

Back to Tactics
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