[EP 46] How To Know If Your Idea Will Make Money

JillPodcast4 Comments

Have you ever experienced this before…

You have a wicked idea for a business that gets you all jazzed inside; so you start daydreaming about all the amazing things that you'll do when it works out.

Then a few minutes later you stop yourself before you even get started with thoughts like “…but what if it doesn't make money?”.

Or “I don't want to fail and look stupid!”.

I know I've done it.

I think we all have!

After all, it sucks to invest your time, energy, and money into something when it doesn't work out.

Well, what if I told you there is a way to validate your idea before you even get started?

A money test, if you will.

Would you not want to run that money test each and every damn time you had an idea?

Ummm yes!

Who wouldn't?

Well that's EXACTLY what we're talkin' about today.

In fact, we're not just talking about one money test, we're going to be breaking down FOUR money tests!

Yeah. Four!

Ready to stop wondering and hmmm'ing and haww'ing on whether you should give that idea a try or not?

You know what to do.

*Hint: It's clicking the play button*

Of course, you could always download this in iTunes or listen on Stitcher. If you like what you hear, be sure to give us a 5 star rating or  leave a review!

And don’t forget to tune in for a new episode every Thursday at 7am EST!

Words of Wisdom in this week's episode

  • How to analyze your idea to make sure it will make money BEFORE you waste time and money on it
  • The 4 steps you need to take to validate your ideas
  • How to check search volume on Google to see if people are looking for your idea
  • The best way to use Facebook to see if people are interested in your idea
  • Why you need to be using Amazon Kindle to check if your ideas are profitable
  • How to use online courses to see who is buying what now
  • Leveraging the power of popularity

Resources:

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  • Geeks Have Landed

    Brilliant podcast I love the way you just get straight to the meat of the topic without out all the BS that most podcast make you suffer before you find any golden nuggets.

    I had never heard of Udemy before and this looks like quite a good platform to actually launch a course on especially if you had just started a blog and don’t have many visitors yet. Have you guys ever used Udemy and have you had much success or do you always self host your courses?

    Keep up the great podcast, with yours and flipped lifestyle I have all the info I could ever need.

    • LOVING this!! Thank you so much 🙂

      And so far we’ve only ever self-hosted our programs…at least for now!

      So happy to hear you’re finding the podcast so helpful!!

  • Geeks Have Landed

    I just need to stop procrastinating and take action serve my audience and hopefully make an income as a result.
    Cheers Rob

    • You can definitely do it…just starts with one small task each day 🙂