How to Generate Business Ideas & Validate Them!
I’m a big believer in not quitting your job to start a successful business, but quitting your job once you already have a successful business. The order is often flipped, so people think starting a business is an all-or-nothing scenario—it doesn’t have to be.
You can start a successful side project while working full time, and give your business time to grow the right way instead of having a get-rich-quick mindset out of necessity.
The first time I quit my job to pursue my own business, I did it all wrong. I saved up enough money to support myself for about 4 months, and I quit my day job (boy, was it glorious).
I read books and blogs telling me to “just do it” and that everything would be fine. They said I had to take a leap of faith to start a business, and they were wrong. Maybe that’s worked for some people before, but it’s still not an intelligent way to go about it.
I barely had anything going with my business—it was generating almost no profit. I eventually had to go back to working for a company, and try again (boy, was that tough).
Looking back on that experience, the reason my first business failed wasn’t because I was lacking the tools for it to succeed. My business failed because nobody wanted my product.
You can make sure that doesn’t happen to you by validating your ideas before you start.
Here are some quick ways to generate business ideas and validate them.