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Earn Your Happy

580. How to know if you have a good business idea

Earn Your Happy

Lori Harder

Entrepreneurship, Business

4.82.8K Ratings

🗓️ 25 August 2020

⏱️ 26 minutes

🧾️ Download transcript

Summary

In This Episode You Will Learn About: Being excited for the problem you are solving Starting a business with scaling in mind Doing your research   Resources: fastfoundations.com Show Notes: The number one question we get from the hundreds of entrepreneurs we have coached over the past several years is “How do I know if my idea would make a good business?”. You can have a ton of good ideas—and they could all be equally good—but you can only ever chase one at a time. You have to invest into one so far and so deep that it has enough momentum to run on its own so you can invest the momentum, the income, and the lessons learned from that into the second idea. We’ve developed a framework for evaluating your ideas to find out which is the right fit before you dedicate your all to it.

Transcript

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0:00.0

Hey everyone, it's that time of year again.

0:05.6

Everybody's talking about forming new habits, new you, new life.

0:10.6

You guys, change your habits, change your life, right?

0:13.1

That's all we talk about.

0:14.5

And I'm sure you've started some new habits this year.

0:16.5

I know that I have, but how are you going to track those habits?

0:19.8

Because what you don't measure doesn't get results.

0:23.0

And have you ever wondered which of your habits are the most important and how often should

0:27.2

you track?

0:28.2

And how do you make them weekly, monthly?

0:29.2

A lot of people know that they need to improve their habits, but they don't know where to start.

0:33.4

I have suffered with this as well.

0:35.5

And that's why I think you're going to love growth day.

0:37.5

It's the world's number one self improvement system.

0:40.3

I have committed to using it daily.

0:43.2

If you go watch my stories, you're going to see that I have been using their journaling

0:47.9

system and their tracking system.

0:49.5

And I am obsessed.

0:50.5

This is something that I do in my life.

0:52.5

Chris has committed with me.

0:54.1

Growth day helps you track proven habits that lead to long term success, well-being,

0:58.4

and positive relationships.

...

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