Proof of Concept

A startup’s success depends on its ability to execute on a great idea. But how do you know if your idea is actually good? This is where the proof of concept comes in. 

A Proof of Concept is an early-stage evaluation used to test whether a certain solution or approach has potential for further development. It allows startups to assess their technical and business feasibility, as well as market demand before investing significant resources into building out a product or service. 

How to create a Proof of Concept

All proof of concepts have one main goal -  gathering evidence that supports moving forward with an idea. This could be anything from user feedback and engagement statistics, to actual sales numbers or signups for a beta version of your product or service. 

Essentially, this includes any information that will help validate (or invalidate) your hypothese. That way, you can make informed decisions about where to take your startup next. 

Conducting a successful Proof of Concept can mean the difference between wasted time and money spent developing something no one wants, and validated learning that propels your startup towards achieving real traction.

So if you’re feeling unsure about whether or not your latest big idea has legs, consider running a Proof of Concept first. It just might save you from making some costly mistakes down the road.

Looking for more insights into how your company can develop a Proof of Concept? Contact 555 vCTO