How To Tell If You Have A Six-Figure Business Idea

  • 📰 ForbesWomen
  • ⏱ Reading Time:
  • 43 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Business News News

Business Business Latest News,Business Business Headlines

No one wants to waste time on an online course that doesn’t sell or build a product that just collects dust in a warehouse. So how can you figure out which ideas are worthy of being put out to market and which ones you should forget you ever thought up?

Once you’ve nailed down the big-picture nature of the idea, share it with your prospects to get specific feedback and requests. The more deliberate you can be with what you ask, the better, which means structured surveys are an excellent tool to use.

“For example, try ‘The insights you share will help me create something that’s chock-full of value for YOU’ or ‘the more detailed your intel, the more tailored this thing can be.’ A frame like this is much more motivating than a simple request for help,” notes Fanton. The problem that needs solving: the more specific you can be with your solution, the more likely it is people will buy it.

How your offer can be different and better from others they’ve tried before: this is a particularly valuable line of enquiry if your idea sits in a crowded market, because while clever positioning can help your offer stand out, creating it to support the ‘different and better’ positioning in the first place is a much more powerful move Once your prospects have provided feedback on your big-picture idea, look for patterns in those responses.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 477. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

McConnell eyeing revamped U.S. coronavirus relief bill, Mnuchin tells Fox BusinessThe Trump administration and Senate Republicans have been in regular contact over possible coronavirus relief measures and the Senate's top Republican will 'hopefully' unveil a new bill next week, Treasury Secretary Steve Mnuchin said on Monday. Pump it up - Donald can’t take even flat days Mnuchin is a slimeball They'll get it right after we all get the vaccine.
Source: Reuters - 🏆 2. / 97 Read more »

Stocks are poised to see a correction of up to 10% that zaps euphoria from market, SkyBridge Capital co-CIO saysTroy Gayeski, SkyBridge Capital co-chief investment officer, told Fox Business that the market is poised for a correction in the 5-10% range.&nb... AnthonyJoyner44 zaps euphoria? is that how you say... CRASH?
Source: BusinessInsider - 🏆 729. / 51 Read more »

CVS told staff to hide worker COVID-19 cases from patients - Business InsiderBusiness Insider is a fast-growing business site with deep financial, media, tech, and other industry verticals. Launched in 2007, the site is now the largest business news site on the web. 😳 Uh ohhhh 📉 👀
Source: BusinessInsider - 🏆 729. / 51 Read more »