20 ChatGPT

Prompts to
VALIDATE YOUR
START-UP
 Unique Advantage
and Synergy
Assessment

"I’m thinking of starting a business

that [describe what this business
does] and I want to understand my
unique strengths in making it a
success. I have experience in
[describe your experience] and
expertise in [describe your
expertise]. I have access to people
who [describe your network]. Can
you give me the reasons why this
will and won’t be a success based
on my specific situation?"
 Customer
Insights and
Identification
"Now you know what business I
want to start, can you suggest who
might be the one ideal customer
for this business? Can you describe
their demographics and explain
what problems they might have,
that my business might solve.
Please rank these problems in
order, starting with the most
important thing to them. Next, tell
me what products or services they
are currently using to solve these
problems."
 Assessing
Demand and
Market Size
"Can you give me 3 main reasons
why someone would want to buy
my product? Next, estimate how
many people in [location, if
applicable] could be in my target
audience, and tell me the size of
this market and its likely growth
over the next five years. Please
also include any adjacent markets
I could explore."
 Feedback Collection
through Survey

"Create a survey for my potential

audience. Start by giving a
description of my business and who
it’s for, to set the scene. For the first
question, create three compelling
value propositions that address
how my business solves a problem
for them, and ask which value
proposition most resonates. Next,
ask how likely they would be to buy,
and then ask what this new concept
would need to do to win their
business. Finally, give me options on
how I collect this feedback from my
target audience."
 Creating and Testing a
Minimum Viable
Product (MVP)
"How do I create a minimum viable
product (MVP) or prototype, to test
my business idea with real users
and gather their insights? Include
information such as how much this
might cost and the steps to take to
make it happen. Include what
metrics I should look out for to
know if my idea is worth pursuing."
 Competitive
Landscape Analysis

"Can you help me understand the

competitive landscape for my
business idea? Given that my
business is about [describe what
this business does], who are the
main competitors in this space?
What are their strengths and
weaknesses, and how does my
business stand out or differ from
theirs?"
 Financial
Planning and
Projections
"Given the nature of my business,
which is [describe your business],
what kind of financial projections
should I be considering for the first
year? How much initial investment
might I need, and what potential
revenue streams can you identify
for my business model?"
 Marketing and
Branding Insights

"Based on the business I want to

start, what are some effective
marketing strategies and channels
I should consider? Furthermore,
can you provide insights into
branding elements, such as
potential names, taglines, or color
schemes that might resonate with
my target audience?"
 Supply Chain and
Operations
Analysis
"For a business like mine which is
[describe your business], what key
operational processes should I be
aware of? Are there any supply
chain considerations,
partnerships, or vendors that I
should consider to streamline
operations and reduce costs?"
 Legal and
Regulatory
Considerations
"Considering my business
involves [describe the nature
and specifics of your business],
what are some legal and
regulatory factors I need to be
aware of? Are there specific
licenses, permits, or regulations
that apply to my industry or
business model?"
 Business Model
Exploration

"Given my business idea around

[describe your business], what
are potential business models I
could consider? Are there
innovative revenue streams or
pricing strategies tailored to my
niche?"
 Technology and
Digital
Transformation
"What technological tools or
platforms might be beneficial for
a business like mine? Are there
any emerging technologies I
should be aware of that could
give me a competitive edge?"
 Team Building and
Talent Acquisition

"To bring my business idea to life,

what key roles should I prioritize
in my initial team? What are the
most sought-after skills in these
roles, and where might I find
such talent?"
 Stakeholder and
Investor Relations

"If I'm considering seeking

investment for my business,
which is [describe your business],
what are the key metrics and
milestones investors in this
sector typically look for?"
 Sustainability and
Environmental
Considerations
"How can I ensure my business is
sustainable and environmentally
friendly? Are there industry
standards or certifications I
should aim for?"
 Cultural and
Global Market
Insights
"Considering a global market for
[describe your business], what
cultural nuances and market
preferences should I be aware
of if I expand into regions like
[mention a region or country]?"
 Risk Management
and Mitigation

"For a business like mine, what

are potential risks I might face?
How can I mitigate these risks
and ensure the long-term
stability of my venture?"
 Customer
Relationship
Management (CRM)
"How can I best manage and
nurture relationships with my
customers? Are there CRM tools
or practices particularly suited
for businesses in my industry?"
 Product
Development
and Iteration
"Given the nature of my
product/service, how should I
approach product development
cycles? What are some methods
to gather user feedback and
iterate on my offering
effectively?"
 Intellectual
Property (IP)
and Patents
"Should I be considering patents
or other forms of intellectual
property protection for my
business idea or product? What
is the process, and what are the
advantages and
disadvantages?"
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