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The School of Greatness

443 Will Your Big Idea Make You Money?

The School of Greatness

Lewis Howes

Inspiration, Education, Greatness, Celebrity, Money, Relationships, Mindset, Health, Business, Self-improvement, Self Care, Health & Fitness, Fitness, Entrepreneurship, Mental Health, Success, Celebrity Interview

4.822K Ratings

🗓️ 8 February 2017

⏱️ 11 minutes

🧾️ Download transcript

Summary

If you enjoyed this episode, check out show notes, video, and more at http://lewishowes.com/443

Transcript

Click on a timestamp to play from that location

0:00.0

Episode number 443 will your big idea make you money?

0:08.2

Welcome to the School of Greatness. My name is Lewis Howe's former pro athlete

0:13.6

turned lifestyle entrepreneur. In each week we bring you an inspiring person or message

0:18.9

to help you discover how to unlock your inner greatness. Thanks for spending some time with me today. Now let the class begin.

0:30.0

Welcome everyone to the School of Greatness podcast. I get this a lot guys. I get so many people coming to me saying,

0:39.6

Hey Lewis, I've got this big idea. Will you check it out? Will you let me know if you think it's going to be amazing?

0:44.7

It's going to make me so much money. I just know it. And they've been saying this for six months or a year.

0:51.0

And they've never actually tested it to see if people would actually pay for that big idea. They sit on it,

0:57.2

they need it to be perfect looking. They need to have the design right. They need to have all the piece in place.

1:02.0

And I just feel like that's a big mistake, especially in this time of day. Because with the internet and with how everything is evolving and shifting and moving so quickly,

1:14.0

your big idea might be great right now. But in a year it might be old and dead and new technologies have come in or new needs have come in for people.

1:22.8

And it's not a big idea anymore. So we're talking about how do we make sure we understand it is profitable right now.

1:30.4

So you can get it out as quickly as possible. We're covering the four step process for figuring out if your idea will be profitable.

1:40.8

We also have a quiz at the end. You'll go to the show notes, LewisHouse.com slash 443. And there will be a free quiz that you'll walk through to make sure that your idea is profitable.

1:56.8

So without further ado, here's the four step process for figuring out if you have a profitable idea.

2:03.8

What's up everyone? This is episode number 443. Will your big idea make you money? Oh man, I get so many people coming to me with big ideas all the time.

2:18.8

Lewis, what do you think of this idea? Lewis, this is going to make me a lot of money. And a lot of times they're not going to make them anything.

2:25.8

There's a few reasons why they're not going to make them anything and they're going to struggle along the process. And in this episode, we have a four part process to walk you through and guide you through a journey of figuring out if your big idea will actually be profitable and will actually make you money.

2:45.8

If it's going to be a waste of your time and lose you money. So make sure to watch this entire thing, share it with your friends. And if this is the first time you're here, the previous episode 440, we talked about the top 10 ways to make money online.

3:00.8

So make sure to watch that one as well and then come back to this one. Now no matter how excited you are about this and you've told us you friends and they said, yes, this is going to be awesome. It's going to be huge. It's going to make you millions.

3:12.8

It's not going to work unless you test this. I had a guy come to me a few weeks ago and say Lewis, I've got this big idea and he showed me an image of it and he was like, you got to sign an NDA first for me to show you it. It's going to blow up. It's going to be massive.

3:25.8

And the idea sounded interesting, but to be honest, he'd been working on this for over a year and he had never even launched it out there or had anyone buy it or even tested to see if it was actually going to work.

...

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