STEP 3
PICK 1-3 IDEAS
Narrow down your initial list of products or services to 1-3 ideas that you are most passionate about and have the most potential for success.
PICK 1-3 IDEAS.
...NOT MORE!
Pick your Top products or services.
You gotta choose, so dump all the ideas that you don't feel 100% confident about!
Here's how to get started
Rank your picks according to:
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Your Passion: Consider which ideas you're most excited and passionate about. Which ones make you feel motivated and enthusiastic?
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Energy Required: Think about the effort and energy you'll need for each product or service idea. You don't want to start something that'll make you burn out within a month.
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Time Needed: Figure out how much time you'll need to invest in developing and managing each idea. How much time can you realistically dedicate to each option? How many hours of work does it take every day, every week, every month?
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Earning Potential: Consider the income potential of each idea. Which ones have the greatest potential to make you the most money. Tip: avoid options where you need to charge by the hour. You don't want to exchange your time for money. Because your time is always limited. Instead, charge by the outcome. This is where you can get to the unlimited earning potential.
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Scalability: Figure out how easily each idea can grow and expand over time. Which ones have the potential to reach a larger audience or generate more income without a significant increase in effort? And which will hit a plateau?
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Accessibility: Evaluate the practicality and feasibility of each idea. Which ones are within your reach in terms of resources, skills, and infrastructure?
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Urgency: Find out how soon you can start implementing each idea. For example, are there any additional certifications or qualifications required? If so, how long would it take to get them?