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Since I was a little kid I had always told my mom I was going to create something and become financially independent with my own creation. After reading both of MJ's books I discovered that I had what it takes and that failure didn't mean I failed but that I just needed to try again.
I'm 24 years old now and my mom is starting to get sick. I don't want her to have to work ever again because she's done so much for me and my brother.
These last few years I've been in a bit of a haze because I've essentially turned myself into a workhorse where all I think about is the success I need to achieve in order to get my mom off the hamster wheel that's slowly killing her. This all chipped away at my mental health & now that I've gotten my mental health issues in order I want to get back to finding a need that I can fill so that I can finally develop some money that'll allow me to live the life I truly enjoy.
So far I have a few ideas that could potentially make me 'Good Money' (Not Great Money but it's a start) but I can't seem to assess whether they're good or if the market is just too saturated. I struggle with what MJ referred to as the crowded room myth.
If there is a lot of people in a niche there should still be a way to differentiate me from the competitors, right?
How do you guys assess if a venture is even worth pursuing (Golden Gumball Analogy)?
Is it just a matter of creating an MVP (Minimum Viable Product) and testing the market 100% of the time?
I've been meditating on finding a niche to dive into and find issues so I've just been searching Amazon and other sites for the complaints people have. Any other suggestions on this process?
I'm 24 years old now and my mom is starting to get sick. I don't want her to have to work ever again because she's done so much for me and my brother.
These last few years I've been in a bit of a haze because I've essentially turned myself into a workhorse where all I think about is the success I need to achieve in order to get my mom off the hamster wheel that's slowly killing her. This all chipped away at my mental health & now that I've gotten my mental health issues in order I want to get back to finding a need that I can fill so that I can finally develop some money that'll allow me to live the life I truly enjoy.
So far I have a few ideas that could potentially make me 'Good Money' (Not Great Money but it's a start) but I can't seem to assess whether they're good or if the market is just too saturated. I struggle with what MJ referred to as the crowded room myth.
If there is a lot of people in a niche there should still be a way to differentiate me from the competitors, right?
How do you guys assess if a venture is even worth pursuing (Golden Gumball Analogy)?
Is it just a matter of creating an MVP (Minimum Viable Product) and testing the market 100% of the time?
I've been meditating on finding a niche to dive into and find issues so I've just been searching Amazon and other sites for the complaints people have. Any other suggestions on this process?
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