How do I know if my idea is valuable?

[Akaushra]

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 would take value from buying something like that, but I have no idea about most people.

 

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[rjdgreat]

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 would take value from buying something like that, but I have no idea about most people.

Test it. You don't know unless you try. And remember the market decides.

 

[Tina M]

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 would take value from buying something like that, but I have no idea about most people.

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

 

[Yula]

How do I know if people will buy this?

Are there currently other people doing the same thing? If so, there's most likely a market for it.

 

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[Brandonistaken]

Talk to people about your ideas to see what they say about it and do research on how are people selling those.


But the important question is what is your end goal with this?

 

[Akaushra]

Talk to people about your ideas to see what they say about it and do research on how are people selling those.


But the important question is what is your end goal with this?

I want to make some value in order to fund my early motorsport dream

 

[alexkuzmov]

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 would take value from buying something like that, but I have no idea about most people.

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'll just be a drop of water in that sea.

I want to make some value in order to fund my early motorsport dream

Make some value?
Early motorsport dream?

 

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[Akaushra]

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'll just be a drop of water in that sea.


Make some value?
Early motorsport dream?

Thanks anyway.

The way I think of it, I make value in other people's lives which allows me to have value in my own, one of which is racing things like go-karts. (expensive).

I think there's a chapter in the first half of Unscripted about the idea of how money is value units or something.