Could your idea be the beginning of a new startup? Listen as Tom and Yana discuss this controversial topic and, as usual, disagree about much of it. Yana shares that she believes you can start a business with an idea, but you must first get it validated. Tom agrees that they must validate it, but they must also put in the time and sweat to make it become a reality. They agree on a few points, but as usual, they see things from unique perspectives.

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Today’s Episode:

• [00:24] Hello, everyone!
• [00:41] Tom shares the topic of today’s episode.
• [01:08] Yana asks, how do you go about validating your idea?
• [02:44] Tom believes that ideas on their own are not good enough.
• [04:18] Tom asks, is an idea enough intellectual property or enough of an asset to merit investments or clients.
• [04:56] Yana shares that it is important to test your idea and involve stakeholders as soon as possible.
• [06:19] Tom talks about how the U.S. market is more liberal and open-minded with their ideas.
• [09:35] Yana is skeptical about regulatory labs because of the way they make the selections.
• [11:05] Tom and Yana both believe that corporate labs are a waste of time and money.
• [12:35] Tom and Yana share their concluding thoughts on starting a startup with an idea.
• [14:05] Thank you for listening to the show!

Show links:

• How to get in touch with us, if you’d like to tell your startup story: Yana on Instagram, Tom on LinkedIn