Advisory in practice / Startup Education

Startup Education Program

Joel Roberts speaking with startup founders about how to test a business idea before committing more time and money.

Joel Roberts speaking to participants at a startup education program

The advisory question

At an early stage, a founder should be able to explain the problem, who has it, and what evidence would show that the proposed business is worth pursuing. The session focused on turning those questions into practical tests.

Business Strategy

What we assess

Define the problem
State the specific problem the business intends to solve and why it matters.
Identify the customer
Be clear about who experiences the problem and who would pay for a solution.
Choose the next test
Decide what evidence would justify spending more time or money on the idea.

Discuss an engagement

Business Strategy

Advice for founders testing a business idea, choosing priorities, and deciding what to do next.