User Power
Value/Post Ratio
347%
- Aug 25, 2014
- 451
- 1,567
- 33
Honestly, just pick something and try to do everything you can to make it work. You are looking for "The idea" because you are scared of failure. You don't want to enter a competitive space because it's harder. It is competitive because there is more money to be made in the space - instead of being afraid, focus your thoughts on how you can be successful against the competition.Hey Guys,
How did you pick one idea that you had and just go with it? I'm honestly feeling like I'm action faking a lot when I'm just searching for ideas. I'm browsing the net, asking questions on forums of what people need and I came out with a list of over 40 ideas that could be profitable. I find myself still searching for other ideas because I feel that I haven't found 'THE' idea. Sometimes, there's already a lot of competition, or I think the market is too small for it. I want to be certain that I can succeed with the idea that I'm going to pick and just be able to go with it and give my 150%, though I'm sure everybody had some problem with this at some point. I have set some big goal for this year, before the next summit and I need to really figure it out and stop searching everywhere for ideas and actually start acting on it.
Do you guys have any tips/stories of how you came to the decision to pick your idea and start with it?
If you've read up to here, thank you so much for your time, I'm really grateful for it
Claude
Any market you enter will become competitive eventually if it is a profitable market. It's your job to figure out how to beat competition. If you can't do that, you will fail regardless of if your product is "the product" because someone will out execute you every time.
With that said,
Pick something off that list and make a sale.
Can you make that 1 sale profitable? Can you make 2 sales? 10?
Don't think so big, just get some momentum and learn the process.
Remember that you have to learn a metric ton of information when you're starting out. Do you know how to source? Vet suppliers? Are you being scammed? How can you ensure product quality? What questions do you ask? Do you need to source from multiple manufacturers? Do you know how to prep a shipment for Amazon, or ship freight for that matter?
If you don't start, you are not gaining the knowledge over time necessary to be successful in the long term. The longer you procrastinate at failing, the less you will know when you need to execute the most.
Dislike ads? Remove them and support the forum:
Subscribe to Fastlane Insiders.