What Role Does Technology Play in Business Ideation and Validation?
Technology plays a crucial role during the ideation and validation phases of a startup. Entrepreneurs can leverage market research tools to gather data on potential customer needs and preferences. Platforms like Google Trends and SurveyMonkey allow for cost-effective data collection and analysis. Prototyping tools such as Figma and InVision enable entrepreneurs to create and test product concepts quickly, receiving feedback that can be used to refine the business idea before full-scale development.