How To Choose An Online Business Idea (That Will Make Money)!




The Flipped Lifestyle Podcast show

Summary: Today’s guest on the podcast is Flipped Lifestyle community member Mike Buchanan! Mike is in software development, has created multiple products over the years, and he now wants to move into online business and create a membership, but he has a dilemma: too many ideas!<br> <br> <br> <br> Mike and Shane Sams will try to figure out which of Mike’s three ideas provides the best path to a profitable online business. Focus on the one that has the best chance to succeed by going all-in. If you try ideas A, B, and C at the same time, you make it more difficult to see what works.<br> <br> Brainstorming, choosing which idea is quickest to get to market, and using SWOT analysis will give you clarity on which idea you should pursue.<br> <br> In today’s episode you’ll learn:<br> <br> How to decide which online business idea to try<br> Don’t let your biases or assumptions get in the way<br> How to prioritize and go all-in on one idea<br> Don’t let your biases or assumptions get in the way<br>