{"id":170962,"date":"2019-10-01T08:24:05","date_gmt":"2019-10-01T08:24:05","guid":{"rendered":"http:\/\/www.georgianewsdesk.com\/news\/story\/170962\/how-to-close-100k-before-building-an-mvp-or-validating-a-business-idea.html"},"modified":"2019-10-01T08:24:05","modified_gmt":"2019-10-01T08:24:05","slug":"how-to-close-100k-before-building-an-mvp-or-validating-a-business-idea","status":"publish","type":"post","link":"http:\/\/www.honolulunewsnow.com\/news\/story\/170962\/how-to-close-100k-before-building-an-mvp-or-validating-a-business-idea.html","title":{"rendered":"How to Close $100K Before Building an MVP or Validating a Business Idea?"},"content":{"rendered":"
\"How<\/a><\/div>\n

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San Francisco, California –<\/strong> If you are a startup founder eager and anxious to validate your business idea, ClosedWon, an on-demand leads generation and omni-engagement CRM platform has found the answer for you. A tested process that closed over $100K of contracts before ClosedWon successfully built a minimum viable product (MVP).<\/p>\n

ClosedWon<\/a> built a delivery engine that offers on-demand leads, while auto-piloting email, Twitter and Linkedin engagements in under 60 seconds. Zen Lenon, the CEO, and Cofounder has successfully validated her business idea using their assertive framework.<\/p>\n

The ClosedWon framework comprises the following steps:<\/p>\n

Step 1: Sign up to PandaDoc + create a template with the following sections: overview, proof of concept (POC), timeline, pricing, and signatory
Step 2: Survey 100 potential users
Step 3: Write content for proposal using insights gained from the answers
Step 4: Propose the idea as a proof of concept<\/p>\n

ClosedWon leveraged an excel sheet to deliver a proof of concept. Ideas will require prototyping and wireframing tools and ClosedWon recommends using Figma or Canva.<\/p>\n

Step 5: Include a timeline to simulate urgency. ClosedWon included an expiration date to augment the feeling of ‘fear of missing out.’<\/p>\n

Step 6: Put a price tag on the idea and collect payment. The idea is to test one price assumption at a time.<\/p>\n

ClosedWon used the subscription business model in the pricing table of the proposal.<\/p>\n

Finally, they integrated the digital document proposal with Stripe to seamlessly collect the fee for an idea. Zen Lenon mentions, “Our assumption in 2018, was that B2B companies would pay $3195\/month for 1000 qualified leads delivered over 30 days if leads convert into a qualified sales meeting.” Zen learned the deficiency of an all-in-one sales platform that automatically generates leads and schedules meetings for salespeople.<\/p>\n

The ClosedWon team iterated on the framework for over 12 months and generated $100K in revenue with zero funding. Zen adds, “Today we are fortunate to have reinvested 100% of the revenues to productize and launch ClosedWon on Product Hunt. We are deeply grateful to our alpha users who shared invaluable feedback.”<\/p>\n

The company has successfully raised $100K from Jason Calacanis, the first investor in Uber and Calm.com. ClosedWon is now valued at $4 million.<\/p>\n

SOURCE: https:\/\/thenewsfront.com\/how-to-close-100k-before-building-an-mvp-or-validating-a-business-idea\/<\/a><\/p>\n

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Media Contact<\/span>
Company Name:<\/strong> ClosedWon
Contact Person:<\/strong> Paul Andre de Vera
Email:<\/strong> Send Email<\/a>
Country:<\/strong> United States
Website:<\/strong> https:\/\/closedwon.ai\/<\/a><\/p>\n

\"\"<\/p>\n","protected":false},"excerpt":{"rendered":"

San Francisco, California – If you are a startup founder eager and anxious to validate your business idea, ClosedWon, an on-demand leads generation and omni-engagement CRM platform has found the<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/posts\/170962"}],"collection":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/comments?post=170962"}],"version-history":[{"count":0,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/posts\/170962\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/media?parent=170962"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/categories?post=170962"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.honolulunewsnow.com\/news\/wp-json\/wp\/v2\/tags?post=170962"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}