Test your business idea with ChatGPT

Test your business idea with ChatGPT! Forward-thinking founders don’t invest rashly. They’re constantly experimenting, gathering feedback, and improving their offering until it starts selling naturally – effortlessly. According to Forbes Bulgaria, successful businesses are built on validated ideas, not assumptions. Now it’s your turn. Copy the text into ChatGPT, fill in the fields in square brackets, and leave the same session open to preserve context.

Discover the real problem you’re solving

To make a decision, customers need to feel the pressure of a real problem. The pain has to be strong enough for them to seek a solution and be willing to pay for it. The market isn’t impressed by “genius” features – it’s looking for effective relief. If you fail to remove the pain, customers will simply pass your product by.

• ChatGPT prompt:
  “Help me check if my business idea addresses a significant problem. My idea is: [describe it]. Ask me 10 questions one at a time to clarify exactly what problem I’m solving. For each question, give me a comment and point out any gaps. At the end of the questions, make a judgment about whether the problem is urgent, widespread, and whether people would pay for a solution. Be honest and critical – tell me where the weakness is and how I can improve it.”

Find out what can turn a customer off

Your biggest competitor isn’t another company – it’s inaction. Many businesses fail because customers choose to do nothing. Successful entrepreneurs prepare by researching why someone would refuse. They look for reasons for apathy and remove any barrier to the buying decision.

• ChatGPT prompt:
  “I want to analyze why customers might not buy from me. Pretend you’re a skeptical customer and give me 7 realistic objections or reasons for inaction. For each one, help me come up with an appropriate solution. At the end, point out which objections are the most important and need to be fixed before launch.”

Know your competitive landscape

The fact that something has been tried and didn’t work doesn’t mean it doesn’t stand a chance. Also, competition is not a sign that the market is oversaturated. What’s important is knowing how others operate. Find out what aspects they are neglecting and focus there – there are opportunities hiding in the gaps.

• ChatGPT prompt:
  “Help me do a competitor analysis in my niche. Give me 5 examples of competitors who are working in the same field. For each evaluate their strengths, weaknesses, pricing, positioning and customer reviews. Help me see the market holes and suggest how I can differentiate myself with unique value.”

Plan your market research

Guessing what customers want is risky. Successful founders talk to the people they want to serve. The questions you ask are the key to the truth. The answers will tell you if you’re on the right track – or if it’s time to course correct.

• ChatGPT prompt:
  “Build me a step-by-step plan to validate market demand. Include:

1. 10 in-depth questions to ask potential customers,
2. strategies for finding and reaching the right audience,
3. methods for getting honest answers,
4. a way to analyze the data collected,
5. clear indicators of whether to continue, redirect, or terminate the project.”

Test without creating a product

Many entrepreneurs waste time and resources creating something the market doesn’t want. Instead, test your business idea before you build anything. Create an offer that showcases your concept – and see if anyone will pay before you’ve invested effort in development.

• ChatGPT prompt:
  “Help me figure out a way to test my idea without making a product. Give me 5 easy validation approaches. For each approach, tell me exactly what to create, what metrics to track, how to evaluate the results, and offer sample messages to elicit an authentic response from people.”

Test your business idea before investing in it. It doesn’t matter if your idea sounds good to your friends. What matters is whether customers are willing to pay. Determine what serious problem you are solving. Clarify why customers would refuse. Analyze the competition in depth. Prepare a strategic validation plan. And test without building anything.

Don’t cling blindly to your idea. Be relentless in your search for evidence. True success comes from being able to hear what the market is really saying – and respond appropriately.

TPA Bulgaria

+359 2 981 66 45/46/47

office@tpa-group.bg

128, G.S. Rakovski str, floor 2

1000 Sofia