How do I know if my idea is valuable?

[Akaushra]

<div class="bbWrapper">For example, I have an idea to sell motivational audiobooks, e-books, and a free email newsletter. How do I know if people will buy this? I think <i>I </i>would take value from buying something like that, but I have no idea about most people.</div>

 

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[rjdgreat]

<div class="bbWrapper"><blockquote data-attributes="member: 123762" data-quote="Akaushra" data-source="post: 1059588" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1059588" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1059588">Akaushra said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> For example, I have an idea to sell motivational audiobooks, e-books, and a free email newsletter. How do I know if people will buy this? I think <i>I </i>would take value from buying something like that, but I have no idea about most people. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Test it. You don&#039;t know unless you try. And remember the market decides.</div>

 

[Tina M]

<div class="bbWrapper"><blockquote data-attributes="member: 123762" data-quote="Akaushra" data-source="post: 1059588" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1059588" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1059588">Akaushra said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> For example, I have an idea to sell motivational audiobooks, e-books, and a free email newsletter. How do I know if people will buy this? I think <i>I </i>would take value from buying something like that, but I have no idea about most people. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>First you need to find a few people from your circle and carry out the Customer Development. How to do this, you can find on the Internet. I also recently learned about a platform where people pitch their ideas and others give feedback. There even seem to be investors. This application is called intch</div>

 

[Yula]

<div class="bbWrapper"><blockquote data-attributes="member: 123762" data-quote="Akaushra" data-source="post: 1059588" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1059588" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1059588">Akaushra said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> How do I know if people will buy this? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Are there currently other people doing the same thing? If so, there&#039;s most likely a market for it.</div>

 

[Brandonistaken]

<div class="bbWrapper">Talk to people about your ideas to see what they say about it and do research on how are people selling those.<br /> <br /> <br /> But the important question is what is your end goal with this?</div>

 

[Akaushra]

<div class="bbWrapper"><blockquote data-attributes="member: 120005" data-quote="Brandonistaken" data-source="post: 1059649" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1059649" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1059649">Brandonistaken said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Talk to people about your ideas to see what they say about it and do research on how are people selling those.<br /> <br /> <br /> But the important question is what is your end goal with this? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>I want to make some value in order to fund my early motorsport dream</div>

 

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[alexkuzmov]

<div class="bbWrapper"><blockquote data-attributes="member: 123762" data-quote="Akaushra" data-source="post: 1059588" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1059588" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1059588">Akaushra said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> For example, I have an idea to sell motivational audiobooks, e-books, and a free email newsletter. How do I know if people will buy this? I think <i>I </i>would take value from buying something like that, but I have no idea about most people. </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Nope, the relative value of such a thing is very low, there is a sea out there of motivational books, blogs, videos, what have you. You&#039;ll just be a drop of water in that sea.<br /> <br /> <blockquote data-attributes="member: 123762" data-quote="Akaushra" data-source="post: 1060151" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1060151" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1060151">Akaushra said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> I want to make some value in order to fund my early motorsport dream </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Make some value?<br /> Early motorsport dream?</div>

 

[Akaushra]

<div class="bbWrapper"><blockquote data-attributes="member: 72236" data-quote="alexkuzmov" data-source="post: 1060155" class="bbCodeBlock bbCodeBlock--expandable bbCodeBlock--quote js-expandWatch"> <div class="bbCodeBlock-title"> <a href="/community/goto/post?id=1060155" class="bbCodeBlock-sourceJump" rel="nofollow" data-xf-click="attribution" data-content-selector="#post-1060155">alexkuzmov said:</a> </div> <div class="bbCodeBlock-content"> <div class="bbCodeBlock-expandContent js-expandContent "> Nope, the relative value of such a thing is very low, there is a sea out there of motivational books, blogs, videos, what have you. You&#039;ll just be a drop of water in that sea.<br /> <br /> <br /> Make some value?<br /> Early motorsport dream? </div> <div class="bbCodeBlock-expandLink js-expandLink"><a role="button" tabindex="0">Click to expand...</a></div> </div> </blockquote>Thanks anyway.<br /> <br /> The way I think of it, I make value in other people&#039;s lives which allows me to have value in my own, one of which is racing things like go-karts. (expensive). <br /> <br /> I think there&#039;s a chapter in the first half of <i>Unscripted</i> about the idea of how money is value units or something.</div>