Startup Funding Espresso What Is Ideation for Startups?
What Is Ideation for Startups? Hello, this is Hall T. Martin with the Startup Funding Espresso -- your daily shot of startup funding and investing. Ideation is a thought process that takes conceptual ideas into implementation.\xa0\xa0 Founders launching a new startup go through the ideation process to generate the concept for the business. Ideation comes from the current knowledge of the problem to be solved molded by principles and convictions.\xa0 Ideation often comes from brainstorming sessions, social media posts, webinars, and others. Ideation focuses on solving a problem by generating new approaches to find a solution. To perform ideation consider the following: Start with a problem to be solved. Identify the key pain points the user faces. Draw on the ideas of others to create potential solutions. Consider inverting the problem so you can approach it from another perspective. Consider making incremental changes to create a derivative solution. Consider combining several small solutions to create a new solution. Ideation draws from the work of other companies as well as the founder's experiences. Ideation fosters innovation by reverse engineering a problem. Consider the role of ideation in your startup. \xa0 Thank you for joining us for the Startup Funding Espresso where we help startups and investors connect for funding.Let\u2019s go startup something today. _______________________________________________________ For more episodes from Investor Connect, please visit the site at: \xa0 Check out our other podcasts here: \xa0 For Investors check out: \xa0 For Startups check out: \xa0 For eGuides check out: \xa0 For upcoming Events, check out \xa0\xa0 For Feedback please contact info@tencapital.group\xa0\xa0\xa0 Please , share, and leave a review. Music courtesy of .