For Subscribers

Testing Your Wings

Will your idea fly? Our expert tests the experts.

By Tomima Edmark

Opinions expressed by Entrepreneur contributors are their own.

Family and friends have probably always been there to lend you moral support and encouragement. But when you have an idea for a product you want to put on the market, their kind words can sometimes lead you astray. What you really need to know is whether your product will sell.

There are two independent nonprofit organizations that can help evaluate the marketability of your idea: The Wisconsin Innovation Service Center (WISC) in Whitewater, Wisconsin, and the Washington Innovation Assessment Center (WIAC) in Pullman, Washington. I heard their evaluations were sound, so I decided to test their appraisals myself. I sent both organizations a product I invented and asked them to assess its marketability. The results were enlightening.

Continue reading this article — and all of our other premium content with Entrepreneur+

For just $5, you can get unlimited access to all Entrepreneur’s premium content. You’ll find:

  • Digestible insight on how to be a better entrepreneur and leader
  • Lessons for starting and growing a business from our expert network of CEOs and founders
  • Meaningful content to help you make sharper decisions
  • Business and life hacks to help you stay ahead of the curve

Related Topics

Editor's Pick

The Dark Side of Pay Transparency — And What to Do If You Find Out You're Being Underpaid
Thinking of a Career Change? Here Are 4 Steps You Can Take to Get There.
A Founder Who Bootstrapped Her Jewelry Business With Just $1,000 Now Sees 7-Figure Revenue Because She Knew Something About Her Customers Nobody Else Did
Everything You Need to Know About Franchise Law
Travel

6 Secret Tools for Flying First Class (Without Paying Full Price)

It's time to reimagine upgrading. Here's how to fly first class on every flight, business or personal.

Business News

Carnival Cruise Wants Passengers to Have Fun in the Sun — But Do This, and You'll Get Burned With a New $500 Fee

The cruise line's updated contract follows a spate of unruly guest behavior across the tourism industry.

Business News

'Crying Northwestern Kid' Turned His Viral Fan Moment Into a Successful Harvard Admissions Essay. He Says the Experience Taught Him About Empathy.

Six years ago, Phillips was watching No. 8 Northwestern take on No. 1 Gonzaga during March Madness when he became a meme.

Franchise

How to Bring Your Franchise to the Next Level With Marketing Automation

With the impacts of inflation and associated costs of running a business, automation is a powerful solution for streamlining a positive guest experience and overall marketing.