Boomy Tokan

Dive into the essence of Proof of Concept (PoC) with Boomy Tokan, your guide through the thrilling world of entrepreneurship. This video lesson unravels Eric Reece's definition of PoC, highlighting its significance in validating the viability of your business idea. Whether you're just embarking on your entrepreneurial journey or seeking to refine your existing venture, understanding PoC is crucial. Boomy Tokan, with his extensive background in social entrepreneurship and business advising, emphasizes three pivotal elements of PoC: Feasibility Assessment, Market Validation, and Investment Justification. These components are essential in determining whether your idea can be practically implemented, has a market demand, and warrants financial investment. Learn through engaging examples how PoC can transform an idea into a thriving business by reducing risk, verifying market demand, and justifying investment needs.