Validate Your Business Idea

Your Business Idea

Title
Business Title: A compelling title that captures the essence of your business idea in a few words. It should be memorable, descriptive, and communicate the value proposition clearly. A good title helps with branding, marketing, and makes your idea more memorable to potential customers and investors.

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EventFlow

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Business Concept
Business Concept: A clear, concise description of your business idea that explains what you do, who you serve, and how you create value. It's the foundation that guides all other business decisions and helps communicate your vision to stakeholders.

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Who We Serve
Wedding photographers and event planners in the US.
The Challenge
Managing clients, galleries, and payments requires juggling multiple disconnected tools, leading to inefficiencies and lost time.
Our Solution
EventFlow provides a dedicated client portal that integrates contracts, payment processing, and final delivery of galleries or event details into one streamlined platform.
US
SaaS B2B EventTech

Ideal Customer Profile
Ideal Customer Profile (ICP): Detailed profiles of your most valuable potential customers, including their specific pain points and problems. This helps you understand who to target and how to position your solution effectively.

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Customer Profile Key Challenge BUYING PERSONA
Wedding Photographers
Juggling multiple disconnected tools for client management, galleries, and payments.
Event Planners
Juggling multiple disconnected tools for client management, event details, and payments.

Problems & Solutions
Customer Problems & Solutions: Analyzes the specific problems your target customers face based on your ICP and shows how your product or service solves them. This helps validate your business idea and ensures you're building something people actually need and will pay for.

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Wedding Photographers

Customer Problem Our Solution
Multiple tools for clients, galleries, payments. One portal for contracts, payments, galleries.
Inefficient client communication and delivery. Streamlined client portal, integrated delivery.
Lost time managing disparate systems. Consolidated platform saves time, reduces effort.

Event Planners

Customer Problem Our Solution
Juggling tools for clients, events, payments. Integrated portal for contracts, payments, details.
Disjointed event detail and client delivery. Unified platform for all client event needs.
Time wasted on unintegrated systems. Single system boosts efficiency, saves time.

Competitor Analysis
Competitor Analysis: Identifies your direct and indirect competitors, their strengths and weaknesses, market positioning, and pricing strategies. This helps you understand the competitive landscape and find opportunities to differentiate your business.

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Main Competitors

Company Description
A photographer-designed CRM offering end-to-end client management including automated bookings, contracts, payments, and email workflows with a user-friendly interface specifically for wedding photographers.
Studio management software tailored for photographers and event professionals to streamline client management, scheduling, contracts, payments, and communication with automation features.
All-in-one online booking and client management software with flexible appointment scheduling, contract creation, payment processing, and project management designed initially for wedding photographers.
An all-in-one CRM and studio management app built for photographers to manage clients, contracts, galleries, and payments, with extensive templates and strong customer support.
A comprehensive platform providing client photo galleries, website building, client booking, payment acceptance, and CRM functions tailored for photographers.

Unique Selling Proposition (USP)
Unique Selling Proposition (USP): Your 2-3 key differentiators that explicitly exploit competitor gaps, forming the core of your positioning. Based on problem-solution analysis and competitive white space.

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Integration Depth

Unified client collaboration

Manage clients, contracts, and galleries in one seamless platform, saving valuable time.

Cost

Integrated payment processing

Collect payments effortlessly and securely within the same platform, reducing administrative burden.

Network

Dedicated client portals

Provide a professional, branded experience for clients to access all their event details.

Market Opportunity

No single platform consolidates client, gallery, and payment workflows.

Market Considerations
Market Considerations: Revenue projections for years 1-3 with Conservative, Realistic, and Optimistic scenarios. Shows who your customers are, market white space, customer acquisition trajectory, pricing analysis, and the key assumptions driving your revenue potential.

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Identify Primary Buyer Personas

Wedding Photographers
Event Planners

Market White Space Assessment

Moderate

Total Addressable Market Size

~100K Wedding Photographers & Event Planners US

Willingness to Pay Assessment

High

Average Revenue Per User (ARPU)

€48.00/user/month

Unit Economics Assessment

$38/user/month

Revenue Projections

Year 1
Conservative
€115.2K
200 × €48.00/mo × 12
Realistic
€230.4K
400 × €48.00/mo × 12
0.4% market penetration, early adopter focus and targeted marketing.
Optimistic
€345.6K
600 × €48.00/mo × 12
Year 2
Conservative
€691.2K
1,200 × €48.00/mo × 12
Realistic
€1.2M
2,000 × €48.00/mo × 12
2% market penetration, strong word-of-mouth and expanded marketing efforts.
Optimistic
€1.7M
3,000 × €48.00/mo × 12
Year 3
Conservative
€2.3M
4,000 × €48.00/mo × 12
Realistic
€4M
7,000 × €48.00/mo × 12
7% market penetration, established brand and continuous feature development.
Optimistic
€6M
10,500 × €48.00/mo × 12

Business Model (Pricing)
Business Model (Pricing): Explores 2-3 viable ways to make money from your idea, each with specific pricing tiers, revenue projections at different customer scales, and pros/cons analysis. Helps you choose the monetization strategy that fits your customers and market best.

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Option 1

Subscription (SaaS)

Monthly access to features. Predictable revenue for continuous service.

Pricing Draft

Basic: €29/mo (5 active projects)

Pro: €59/mo (unlimited projects, advanced features)

Studio: €99/mo (team features, priority support)

Paid by: Wedding Photographers,Event Planners

Calculation Examples

50% Basic, 40% Pro, 10% Studio users.

@ 1 customer 48 €/mo
@ 50 customers €2.4K/mo
@ 200 customers €9.6K/mo
@ 500 customers €24K/mo

Pros

• Predictable recurring revenue

• Easy to scale

• Simple for customers

Cons

• High churn risk

• Requires continuous updates

• Value must be clear

Why This Fits

Photographers/Planners need reliable tools; prefer fixed monthly costs for budgeting.

Option 2

Freemium to Pro

Free basic version, paid upgrade for advanced features and capacity.

Pricing Draft

Free: Limited features (1 active project)

Pro: €39/mo (5 active projects, advanced features)

Premium: €79/mo (unlimited projects, client portal branding)

Paid by: Wedding Photographers,Event Planners

Calculation Examples

80% Free users (no ARPU contribution), 15% Pro, 5% Premium.

@ 1 customer 10 €/mo
@ 50 customers €2.4K/mo
@ 200 customers €9.6K/mo
@ 500 customers €24K/mo

Pros

• Attracts many users

• Low barrier to entry

• Viral growth potential

Cons

• High free user costs

• Conversion is challenging

• Can devalue premium tier

Why This Fits

Allows testing the platform before committing, appealing to smaller/new businesses.

Data Confidence

Using US benchmarks for professional software. Prices converted to Euros for consistency with schema instructions.

Hypothesis
Hypothesis: Identifies the top 3-5 critical business assumptions that could break your business. For each assumption, shows evidence level, proposes falsifiable tests, and defines clear go/pivot/kill decision thresholds to avoid sunk-cost fallacy.

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Focus on validating core value proposition and willingness to pay. Trust is a key factor.

Hypothesis
Why it matters
How to test

Photographers/Planners will pay for an all-in-one portal.

No paying customers means no business.

Offer 20 to use MVP free for 1 month, then convert to paid. Track conversions.

Integration of contracts/payments/delivery is a significant pain point.

If it's not painful, our solution isn't valuable.

Interview 20 photographers/planners. Ask about current tool pain points.

Our portal offers a better workflow than current fragmented solutions.

If existing tools are better, users won't switch.

Observe 10 users complete tasks in our MVP vs. their current tools.

Users will trust us with sensitive client data.

Lack of trust means zero adoption.

Run a survey on 50 potential users. Gauge security concerns and trust factors.

Risks
Risks: Critical strategic and financial threats that could prevent success, including competitive dynamics, market forces, and unit economics.

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Go-to-Market Strategy
Go-to-Market Strategy: Your practical playbook for launching: how to land your first 10 paying customers, proven tactics for building awareness in your market, and viral growth mechanisms that make your customers bring you more customers. Each tactic includes the "how" and "why" so you can execute confidently.

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1

Launch: First 10 Paying Customers

Focus on direct sales to early adopters.

Identify Top Photographers

How: Scour Instagram/Facebook for US wedding photographers with 10k+ followers.

Why: These pros handle volume, feeling the multi-tool pain most acutely. They value efficiency.

Personalized Outreach (Email)

How: Email identified photographers, reference their work, offer a free 3-month trial.

Why: Personalization breaks through noise; free trial lowers commitment risk for early adopters.

Leverage Facebook Groups

How: Post value-driven content in wedding photographer/planner FB groups.

Why: These are hyper-targeted communities where pros seek solutions and recommendations.

Direct DM on Instagram

How: DM active photographers/planners, highlight one specific pain point.

Why: Direct, informal contact on their native platform can lead to quick conversations.

Offer Referral Incentive

How: Give early customers 20% off for each referral that converts.

Why: Turns early users into active promoters, incentivizing word-of-mouth directly.

Track Pain Point Language

How: Note common phrasing of pain points during calls.

Why: Helps refine messaging to resonate deeply with future prospects.

2

First Traction: Awareness

Build visibility within target communities.

Co-Host Instagram Live

How: Partner with a prominent wedding photographer/planner for a joint IG Live.

Why: Leverages their audience for instant, credible exposure to your ICP.

Guest Post on Blogs

How: Write practical articles for popular wedding industry blogs.

Why: Provides valuable content, establishing authority and driving organic traffic.

Run a Niche Webinar

How: Host a free webinar: 'Streamline Your Workflow: Tools for Wedding Pros'.

Why: Attracts engaged professionals seeking solutions, showcasing your platform directly.

SEO for Pain Points

How: Optimize landing pages for terms like 'wedding client portal' or 'event planner CRM'.

Why: Captures high-intent users actively searching for solutions to their problems.

Showcase Success Stories

How: Feature testimonials and case studies from early adopters prominently.

Why: Builds social proof, showing tangible benefits to potential new users.

Engage Industry Influencers

How: Gift platform access to micro-influencers in the wedding niche for reviews.

Why: Authentic reviews from trusted voices drive awareness and credibility.

3

Expansion: Virality/Flywheel

Implement features and strategies that encourage organic growth.

Client-Share Feature

How: Enable photographers to share a branded client portal with their clients.

Why: Clients interact with your platform, creating indirect brand exposure and trust with end-users.

Integrated Branding

How: Allow customization of the portal with the photographer's logo/colors.

Why: Increases perceived value for the photographer and makes your tool an embedded part of their brand.

Partnership Integration

How: Integrate with common tools (e.g., Quickbooks, Dropbox) wedding pros already use.

Why: Makes your platform sticky and essential, driving adoption and reducing churn through convenience.

Referral Program 2.0

How: Automate an in-app referral system for existing users.

Why: Scales word-of-mouth, turning satisfied customers into an ongoing acquisition channel.

MVP Scope
MVP Scope: The minimum set of features and capabilities you need to launch and deliver value to your first customers. Each item is tagged with priority (Must Have vs. Should Have) and complexity (Low/Medium/High) so you can focus on what really matters and ship faster.

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Client Portal

Must Have

A secure, branded online portal for clients to access contracts, invoices, and project updates.

Complexity: Medium

Contract Management

Must Have

Ability to generate, send, and track digital contracts with e-signature capabilities.

Complexity: Medium

Payment Processing Integration

Must Have

Secure integration with a payment gateway to accept and track client payments.

Complexity: Medium

Gallery/Document Delivery System

Must Have

Functionality for photographers to upload and deliver high-resolution galleries and for planners to share event documents.

Complexity: Medium

Project Dashboard

Must Have

An internal dashboard for photographers and planners to manage all client projects and their statuses.

Complexity: Low

User Authentication & Profiles

Must Have

Secure login and profile management for both service providers and their clients.

Complexity: Low

AI-Improved Variations
AI-Improved Variations: After analyzing all your validation data, here are 2-3 enhanced versions of your idea that could perform better. Each variation shows exactly what changes to make, why it's better, and lets you validate the improved idea with one click. Think of this as your AI co-founder suggesting pivots.

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Here are a few tweaks you can consider. Pick the one that resonates, or jump straight back into validation.

Improvement 1

Let's narrow down our focus to really nail the core needs of wedding photographers. By specializing, we can build a much deeper, more intuitive product that becomes indispensable for them, rather than trying to be a generalist tool for too many different event professionals.

Key Changes

  • Focus exclusively on wedding photographers as the ICP
  • Integrate AI for smart gallery curation and client album suggestions
  • Offer tiered pricing based on number of weddings/storage needed
  • Add collaboration tools for wedding photography teams

Why Better

  • Deep product-market fit for a specific, high-value niche
  • AI features create significant differentiation from competitors
  • Tiered pricing allows for better monetization and scalability
  • Team features address a common need in the photography business
Improvement 2

Instead of just being a tool, let's position ourselves as a full-fledged business partner for event professionals. By offering more robust business intelligence and marketing support, we can help them not just manage, but grow their businesses, making our solution a must-have for their success.

Key Changes

  • Broaden scope to 'Event Professionals' but offer specialized modules
  • Integrate business analytics and marketing automation tools
  • Introduce a 'Premium' tier with dedicated account management
  • Focus on client acquisition and retention through the platform

Why Better

  • Widens the potential market beyond just photographers
  • Offers higher value by enabling business growth, not just management
  • Premium tier can generate higher ARPU and client loyalty
  • Helps clients win more business, making the platform indispensable
Improvement 3

Let's explore a freemium model to reduce the barrier to entry and capture a larger user base initially. Once users see the value in the core features, we can upsell them on premium functionalities like advanced storage, custom branding, or AI-driven insights, turning free users into paying customers.

Key Changes

  • Implement a freemium model with essential features free
  • Offer premium tiers for advanced features (storage, branding, AI)
  • Focus initial marketing on driving free user sign-ups
  • Provide integrations with popular third-party tools (CRMs, accounting)

Why Better

  • Lowers entry barrier, attracting a wider user base quickly
  • Freemium model allows users to experience value before paying
  • Clear upgrade path to monetize active and growing users
  • Integrations enhance the platform's utility and stickiness