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Side Hustle School

Ep. 2933 - Q&A: “How do I know if my idea is going to work?”

Side Hustle School

Chris Guillebeau / Onward Project

Business, Entrepreneurship, Careers

4.83.3K Ratings

🗓️ 11 January 2025

⏱️ 9 minutes

🧾️ Download transcript

Summary

In today’s episode, we help a listener validate their idea for a carpooling app for parents. Learn how to test demand, estimate costs, and spot red flags before investing too much time or money.

Side Hustle School features a new episode EVERY DAY, featuring detailed case studies of people who earn extra money without quitting their job. This year, the show includes free guided lessons and listener Q&A several days each week.

Show notes: SideHustleSchool.com

Email: [email protected]

Be on the show: SideHustleSchool.com/questions

Connect on Instagram: @193countries

Visit Chris's main site: ChrisGuillebeau.com

Read A Year of Mental Health: yearofmentalhealth.com

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Transcript

Click on a timestamp to play from that location

0:00.0

Shipstation helps you achieve exceptional shipping efficiency with a robust all-in-one order fulfillment system.

0:06.1

It integrates with over 180 popular e-commerce channels.

0:09.5

Over 130,000 companies have used ShipStation, and you can get a free 60-day trial.

0:14.9

Just go to Shipstation.com and use CodeHustle.

0:17.4

That's shipstation.com code hustle.

0:20.4

You can save every day by shopping at Whole Foods Market.

0:23.9

Seriously. Don't just go for their big sales. Walk the store and see the savings for yourself.

0:29.8

In the meat department, look for yellow low price signs on Whole Foods Market, no antibiotics ever

0:35.0

chicken breast and ground beef. Quality flavorful meats. Price just right.

0:39.8

Perfect for big dinners with plenty left over for tomorrow's lunches. There are so many ways

0:45.1

to save at Whole Foods Market. Now you know. Lemonada.

1:03.0

How do you know if your business idea is going to work?

1:09.2

You've got an idea for a new business or side hustle or means of making money, money-making idea.

1:10.4

What do you do?

1:11.7

Do you just kind of proceed blindly?

1:16.1

Do you do a bunch of research first? Is there a happy middle ground? Let's talk about it in the context of a specific idea here. In this episode, we're going to help a listener validate their

1:20.6

idea for a carpooling app for parents. Now, there are a range of ways to do this, but we're going

1:25.7

to simplify. That's what it's all about here on Sidesstle School. Alice in Minneapolis, she's got this idea, wants to know, you know, is it worth it for me to

1:32.8

proceed? What are the risk factors and so on? And in a few action-packed minutes, I'm going to do my

1:38.1

best to get her a little bit further along the process, as well as help our listeners out there who are trying to figure out,

1:48.5

okay, I've got a bunch of ideas. How do I know, you know, is this the idea that's worth pursuing?

1:52.6

A variety of ways we could look at that question, but I want to give you something specific to go away with. So thank you for being out there. The whole point of the podcast is to give you a point

...

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