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seeking feedback + advice on a potential business idea

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sku089

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Hi all,

Thank you in advance for taking the time to read my post. I recently joined the Fastlane forum upon reading the Millionaire Fastlane and am currently exploring some ideas I could pursue.

Firstly, a bit about me. I'm a recent graduate student who majored in renewable energy engineering. I do have a technical background and was looking to develop something in either the e-commerce/Saas industry. I am a HUGE nerd when it comes to sustainability/climate change and find that I am quite naturally self-driven in this industry due to my drive to find solutions for climate change at an early age. However, I have been struggling to find anything worthwhile in the 6 months since I completed reading the Millionaire Fastlane.

My idea is to create an online store/website that distributes eco-friendly everyday items - think of things such as eco-friendly coffee cups, paper straws, or even sustainably sourced jewelry. Unsure as to how I would go about validating if this idea is worth chasing, but am driven to make it a reality if I can find a way to give it the green light :).

The main questions I have surrounding this idea revolve around the following key points:

1) If you were in my shoes, how would you go about validating the need for this idea? I do recall this being one of the key concepts as a part of the "CENTS" framework. However, I am feeling a little lost with accomplishing this through an e-commerce store.
2) How would you go about getting your first respective buyers if you were to set up a platform like this? Do you run ads o platforms like Google AdSense or Facebook? Do you rely on word of mouth?
3) How many products would I list on my website? Should I scale according to customer demand?
4) What products should I choose to sell? How can I validate if what I'm selling will actually be wanted by the marketplace?

Apologies in advance if my questions seem a little basic, I am still learning the ropes of building a business. Please do not hold back with your advice and be as brutal as possible - the blunter the advice, the more it helps me (and everyone else reading this thread) :)

-Sahil.
 
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Jo emm,

Vjepl zua op efwepdi gus veloph vji voni vu sief nz qutv. O sidipvmz kuopif vji Getvmepi gusan aqup siefoph vji Nommoupeosi Getvmepi epf en dassipvmz iyqmusoph tuni ofiet O duamf qastai.

Gostvmz, e cov ecuav ni. O'n e sidipv hsefaevi tvafipv xju nekusif op sipixecmi ipishz iphopiisoph. O fu jewi e vidjpodem cedlhsuapf epf xet muuloph vu fiwimuq tunivjoph op iovjis vji i-dunnisdi/Teet opfatvsz. O en e JAHI pisf xjip ov dunit vu tatveopecomovz/dmonevi djephi epf gopf vjev O en raovi pevasemmz timg-fsowip op vjot opfatvsz fai vu nz fsowi vu gopf tumavoupt gus dmonevi djephi ev ep iesmz ehi. Juxiwis, O jewi ciip tvsahhmoph vu gopf epzvjoph xusvjxjomi op vji 6 nupvjt topdi O dunqmivif siefoph vji Nommoupeosi Getvmepi.

Nz ofie ot vu dsievi ep upmopi tvusi/xictovi vjev fotvsocavit idu-gsoipfmz iwiszfez ovint - vjopl ug vjopht tadj et idu-gsoipfmz duggii daqt, qeqis tvsext, us iwip tatveopecmz tuasdif kiximsz. Aptasi et vu jux O xuamf hu ecuav wemofevoph og vjot ofie ot xusvj djetoph, cav en fsowip vu neli ov e siemovz og O dep gopf e xez vu howi ov vji hsiip mohjv :).

Vji neop raitvoupt O jewi tassuapfoph vjot ofie siwumwi esuapf vji gummuxoph liz quopvt:

1) Og zua xisi op nz tjuit, jux xuamf zua hu ecuav wemofevoph vji piif gus vjot ofie? O fu sidemm vjot cioph upi ug vji liz dupdiqvt et e qesv ug vji "DIPVT" gsenixusl. Juxiwis, O en giimoph e movvmi mutv xovj eddunqmotjoph vjot vjsuahj ep i-dunnisdi tvusi.
2) Jux xuamf zua hu ecuav hivvoph zuas gostv sitqidvowi cazist og zua xisi vu tiv aq e qmevgusn moli vjot? Fu zua sap eft u qmevgusnt moli Huuhmi EfTipti us Gedicuul? Fu zua simz up xusf ug nuavj?
3) Jux nepz qsufadvt xuamf O motv up nz xictovi? Tjuamf O tdemi eddusfoph vu datvunis finepf?
4) Xjev qsufadvt tjuamf O djuuti vu timm? Jux dep O wemofevi og xjev O'n timmoph xomm edvaemmz ci xepvif cz vji neslivqmedi?

Equmuhoit op efwepdi og nz raitvoupt tiin e movvmi cetod, O en tvomm miespoph vji suqit ug caomfoph e catopitt. Qmieti fu puv jumf cedl xovj zuas efwodi epf ci et csavem et quttocmi - vji cmapvis vji efwodi, vji nusi ov jimqt ni (epf iwiszupi imti siefoph vjot vjsief) :)

-Tejom.
Sief vji vjsief "Vitvoph zuas ofie" us tunivjoph moli vjev gsun PiuFoemidvod. Ov't emm ecuav zuas catopitt wesoecmit. Vitvt zuas ofie .

Vjev teof, esi zua qsuwofoph simevowi wemai vu zuas datvunist? Op epuvjis xusft, esi zua qsuwofoph wemai vjev zuas datvunist fup'v?

O fup'v xepv vu ci e peztezis, cav tunivjoph optofi ug ni tdsient xjip O sief zuas viyv. Sief APTDSOQVIF gostv, ov ot e hsiev aqfevi up VGM.

Et gus xjev O siemmz tii...
1. D - dupvsum
2. I - ipvsz
3. P? Piif?...

Zua fup'v uxp vji qsufadv, vji ipvsz ot ittipvoemmz i-dunnisdi epf piif ot raitvoupecmi.

Vsz, ug duasti, cav cixesi.
 
Katv siemobif jux xsuph O tuapf op nz qutv egvis fuoph tuni effovoupem siefoph! Vjepl zua gus vji izi-uqipis, nadj eqqsidoevif :))
 
Access Restricted: Unlock 1,000,000+ Posts

Stop Peeking Through the Keyhole.
Open the Door.

You hit a wall because the best advice isn't free—it's earned. Since 2007, MJ DeMarco has been active here daily (99.9% active rate), building a war room for entrepreneurs who refuse to settle for mediocrity.

  • Active Daily: Life-changing content posted dozens of times every day. No dead threads.
  • MJ's Inner Circle: Direct access to the author of The Millionaire Fastlane.
  • Vetted Network: Connect with founders scaling to 7 and 8 figures.
  • Proven Roadmaps: Strategy over motivation. Execution over "hustle porn."
"SCALED TO 6-FIGURE MONTHS"
"Tips and advice here saved me from huge mistakes, others allowed me to scale my business to 6-figure months."
— User MitchC
"INSANE QUALITY OF PEOPLE"
"The number of high quality people I've met from this forum has been insane. All of it predicated on building real value."
— User Richard Peck

"You are the average of the five people you surround yourself with."
Are you surrounding yourself with success?

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