meta_pixel
Tapesearch Logo
Log in
The Amy Porterfield Show

#49: How to Know If Your Idea is Profitable

The Amy Porterfield Show

Amy Porterfield

Entrepreneurship, Business, Marketing

4.9 • 5K Ratings

🗓️ 3 March 2015

⏱️ 40 minutes

🧾️ Download transcript

Summary

Today’s post reminds me why I love doing this podcast so much. Not only is the material great, but it comes from two of my favorite people—a power couple in the online marketing world. Their names are Joshua and Jill Stanton and together, they run a business called Screw The Nine To Five where they teach people who are dissatisfied with their day-to-day jobs how to take their skills and transform them into a self-run online business. Whether you’re well on your way in creating your online business, just getting started, or even simply circling the waters trying to decide whether to get your feet wet, this post is tailor-made for you. It’s all about mining the raw material from which online businesses are built, and crafting it into the cornerstone of your success. Josh and Jill have been making money online for quite a while, but their spunkily named website came about after they were asked repeatedly how they did it. They decided to start a program specifically for training others to do the same thing they did--a place where they could just send everyone asking their advice. Ever since, they've been helping people see how they can translate their day job skills into an online job that generates way more income in way less time. In other words, you don't have to learn a brand new skill set in order to start an online business. You simply take what you know and strategically build a business around it. The "strategic" part is where we can all use Josh and Jill's expertise. Because of course you need to see whether your idea for how to translate your skills to your own business has wings...or not. Odds are it does, but it's not going to be a get-rich-quick situation. However, if you put the passion and hustle and hard work into it, you'll be amazed what you can do online. I can speak to this personally. Back when I was working my own 9-to-5, I was dreaming of starting my own online business but resigned to the fact that none of my knowledge would translate into the outside world. All it took was a good friend who reminded me that I worked in marketing...something every online business needs to know how to do well. I was sitting on a gold mine. You might be, too. Here are the four tests that will help you find out. Test #1: Udemy.com Test #2: Amazon.com Test #3: Google Keyword Tool Test #4: Facebook Ads What Next? If you put your idea through these four tests and find its profitability is validated on all four...well, then, it might just be time start creating a program or product. Even if your idea is validated on just one or two of the tests, I agree with Josh and Jill that it is definitely worth pursuing. You just have to make sure you are actually willing to commit the time and energy to really giving this a good go. As I said earlier, creating an online business not an overnight thing, by any means. It’s going to take some time. But these tests will also give you insight on where you want to be spending that time, as well as where you want to price your product. If you want to see these ideas in action, you can join Josh and Jill in an upcoming webinar called the Money Test Webinar. In this free online class, Josh and Jill will walk you through each of the four validation tests, step by step. You can get the sign-up link by downloading our free guide...which will be very helpful to use in the webinar, I might add. EPISODE FREEBIE Get the Free Step-by-Step Guide: "The 4 Profit Validation Tests" FREE DOWNLOAD

Transcript

Click on a timestamp to play from that location

0:00.0

You're listening to the online marketing made Easy Podcast episode number 49.

0:06.4

Welcome to the online marketing made Easy Podcast. Business advice so easy, you'll feel like you're cheating.

0:13.4

And now your host, Amy Porterfield.

0:16.5

Hey there, Amy Porterfield here and welcome to another episode of the online marketing made Easy Podcast.

0:32.0

If I haven't told you lately, thank you so, so very much for listening in.

0:37.0

I love doing this podcast. I love the new format with all the freebies and checklists and guides.

0:42.3

I love researching it and just putting together something that I know would be of immense value for you.

0:48.4

So the fact that you show up and you keep on listening means the world to me. I don't take that lightly.

0:53.7

So I just wanted to make sure you knew how much I truly appreciate you tuning in.

0:58.4

Today's extra special because it's the first time I'm going to interview a husband and wife team.

1:03.6

And I love to watch the dynamic of a husband and wife team as they build their business.

1:08.3

Josh and Jill Stanton are my guests today and the name of their business, you got to get ready for this one.

1:14.0

The name of their business is called screw the nine to five.

1:18.8

I'm sure you can guess what their business is all about if you hear that title, but here's the deal.

1:24.3

They say that their business is a little slice of the internet where they teach unsatisfied nine to fiveers

1:30.4

how to take their skills from their day job and transform them into an online business they love.

1:37.4

This interview was so much fun to do and you'll hear Jill and Josh both share some really solid

1:45.6

step-by-step strategies to help you if you have an idea right now that you're not sure

1:53.4

is actually a good one, a profitable one. Now like most entrepreneurs, you probably have tons of

1:59.3

ideas all the time. And if you share them with people that aren't in your space, they might say

2:04.3

that's a silly idea or that's crazy or that's going to take you a long time. All those naysayers

2:10.5

come out of the woodwork when you have new ideas. And my goal is to give you some concrete strategies

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Amy Porterfield, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Amy Porterfield and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.