Testing Your Business Idea & Making Sales - Tom & Ariana Sylvester

Testing Your Business Idea & Making Sales

Feb 26, 2018 | Podcast

 Prefer to watch the listen?  Click here.

Episode Brief Description

There are several steps between having a “great” business idea and actually making money.  Skip these steps and you might spend a lot of time and money and still have a failed business.  In this episode, we discuss how to test your idea and start making sales.

Lifestyle Builders

Are you looking to create your ideal lifestyle?  Then we invite you to become a #lifestylebuilder.

Find out more here.

Key Insights & Timestamps

  • [00:49] – Welcome
  • [02:50] – Why your business ideas aren’t worth anything… yet
  • [04:14] – You don’t have a business until someone is willing to pay you
  • [05:37] – Other people already doing your business idea is actually good
  • [08:05] – Create a lean canvas (a one-page business plan)
  • [11:09] – What issues come up when you don’t validate your business idea
  • [22:27] – Your Homework
  • [24:54] – Tom’s Bookshelf (Running Lean)

Us Creating Things Backward

Your Homework

Ariana’s Homework

  • Fill out a lean canvas for your business idea.  And watch the free video explaining how to fill out the lean canvas below.

Tom’s Homework

  • After you fill out a lean canvas for your top idea, make a list of 10 potential customers and begin talking to them/interviewing them.

How To Fill Out Your Lean Canvas

Tom’s Bookshelf

Running Lean

Get This Book

  • Audible – Get Your First Audiobook Free!
  • Amazon – Get The Physical or Kindle Version

Key Insights

  • Your business idea isn’t worth much until you validate it
  • You should work on getting your initial sales organically before spending a bunch of money on marketing
  • Time spent going through this process will save you so much time and money later on

Free Guides For You

Plan With Purpose - The Ultimate Guide to DEfining & Building Your Ideal Life

Invest In Yourself - When, How & How Much to Spend to Grow