Digital Product Mastermind hosted it's first live discussion on Product Idea Validation. These notes reflect some of most meaningful thoughts and discussion points. You can watch the replay here: https://www.youtube.com/watch?v=8wOYjvAoQSM Join Digital Product Mastermind for access to a smart and supportive community of product creators: http://takebetternotes.com/digitalproduct

1. DPM Live
How do I know if my idea
will sell?
http://www.takebetternotes.com/digitalproduct
PRODUCT IDEA
VALIDATION

2. PANELISTS
Christopher Hawkins
record-and-release.com
Sarah Guilliot
sarahdesign.com
Robin Williams
gumroad.com/only-ten-days-song
Nicole St. Germain
takebetternotes.com
http://www.takebetternotes.com/digitalproduct

3. WHAT'S ONE WAY YOU'VE
VALIDATED A PRODUCT IDEA?
http://www.takebetternotes.com/digitalproduct

4. VALIDATION METHODS
http://www.takebetternotes.com/digitalproduct
Research: find many
customers asking for the same
thing and build it.
Sarah Guilliot

5. VALIDATION METHODS
http://www.takebetternotes.com/digitalproduct
Landing Page: drive traffic to a
landing page with a 'Buy'
option; 'Buy' takes you to an
opt-in instead.
Christopher Hawkins

6. VALIDATION METHODS
http://www.takebetternotes.com/digitalproduct
Minimum Viable
Product: build a tiny product,
launch and evaluate.
Robin Williams

7. HOW DID THE SMALL
PRODUCT LAB HELP YOU
VALIDATE A PRODUCT?
http://www.takebetternotes.com/digitalproduct

8. SMALL PRODUCT LAB
http://www.takebetternotes.com/digitalproduct
I learned that I am capable of
shipping, launching and
promoting a product.
Christopher Hawkins

9. SMALL PRODUCT LAB
http://www.takebetternotes.com/digitalproduct
SPL is all about validation. At
the very least, you're validated
as a product creator.
Nicole St. Germain

10. SMALL PRODUCT LAB
http://www.takebetternotes.com/digitalproduct
My idea about what products
are changed with the Small
Product Lab.
Robin Williams

11. SMALL PRODUCT LAB
http://www.takebetternotes.com/digitalproduct
I built and sold a product to
my target market. I validated
my idea, niche, product, price
and customer.
Sarah Guilliot

12. WHAT IF I DON'T HAVE A
PRODUCT IDEA?
http://www.takebetternotes.com/digitalproduct

13. HOW TO FIND AN IDEA
http://www.takebetternotes.com/digitalproduct
Gather social data, like on
Reddit. Pick a community you
want to be a part of.
Christopher Hawkins

14. HOW TO FIND AN IDEA
http://www.takebetternotes.com/digitalproduct
Start with what you love to do,
what you're good at, and how
to support the lifestyle you
want.
Sarah Guilliot

15. HOW TO FIND AN IDEA
http://www.takebetternotes.com/digitalproduct
Pay attention to what people
compliment you on.
Nicole St. Germain

16. HOW TO FIND AN IDEA
http://www.takebetternotes.com/digitalproduct
Just make something,
anything, and see what
problems you have trying to
get it into the world.
Robin Williams

17. WHAT IF SOMEONE ELSE IS
ALREADY DOING WHAT I
WANT TO DO?
http://www.takebetternotes.com/digitalproduct

18. HOW TO COMPETE
http://www.takebetternotes.com/digitalproduct
Nobody can make the same
thing I can make. I don't need
to be slick, just personal.
Robin Williams

19. HOW TO COMPETE
http://www.takebetternotes.com/digitalproduct
Gather social data, like on
Reddit. Pick a community you
want to be a part of.
Christopher Hawkins

20. HOW TO COMPETE
http://www.takebetternotes.com/digitalproduct
If you find yourself in an
unknown niche, you have to
do a lot of education about
why what you're doing is
important.
Nicole St. Germain

21. HOW TO COMPETE
http://www.takebetternotes.com/digitalproduct
I took a working niche and
found a new audience.
Sarah Guilliot

22. TOOLS FOR IDEA VALIDATION
http://www.takebetternotes.com/digitalproduct

23. TOOLS FOR VALIDATION
http://www.takebetternotes.com/digitalproduct
Amazon
Udemy
Unbounce
Slideshare
Reddit
Small Product Lab
http://amazon.com
http://udemy.com
http://unbounce.com
http://slideshare.net
http://reddit.com
http://gumroad.com/smallproductlab

24. WATCH THE REPLAY
http://www.takebetternotes.com/digitalproduct

25. JOIN US ON FACEBOOK
http://www.takebetternotes.com/digitalproduct
Join Digital Product
Mastermind