Free Web Hosting by Netfirms
Web Hosting by Netfirms | Free Domain Names by Netfirms

Things 2 do

EVALUATE

The way to get good ideas is to get lots of ideas, and throw the bad ones away.

Linus Pauling

Can This Idea Make me Rich? | Evaluate the Idea

a checque lies on a desk. It is hand written in beautiful cursive. The amount is for a million dollars

Have a home business idea? As entrepreneurs we always do.

On the heels of our brilliant idea often comes a certain agony. We agonize if we should or should not pursue our idea.

The under-lying question to all our agonizing business-related inspirations really boils down to one question:

Can this home business idea make me rich?

When we are excited by an idea we see all the benefits and possibilities. But sometimes when we share these ideas and possibilities with others they just don't what we see.

If that person is someone whose opinion means a lot to us this can put doubts in our mind and make us lose confidence in the idea.

10 Tips to See if Yours is a Money -Making Idea

A good home based business idea always meets and surpasses certain criteria.

Here is a set of criteria to help you test to see if your home based business idea is worth pursuing:

1. Is there a need for this idea-product or service- ie, does it answer a question, solve a problem?

2. Does the idea-product or service– have a long shelf life, ie, is it a fad or is it a classic –something like tooth paste always in need?

3. What is its special feature, ie, can it be described in words that gives it a whole new spin?

4. Is it effective and efficient, ie, does it do what it says it does in the right way?

5. What is its competition, ie, is the market over saturated or is there room for one more?

6. Does your idea- product or service- have growth possibilities, ie, can there be several upgrades / and generation to keep it lasting?

7. Is it safe- physically and ethically, ie , does it have a high potential to cause bodily / emotional/ psychological harm to user and or others; and does it promote and encourage dishonest behaviors?

8. If you were a buyer, would you buy your own product or service, ie , if you would not, why would others ?

9.Can you live with this product-service, does it make you uncomfortable to talk about or are you proud of it? Would you tell that person who loves, admires and believe in you about it, would you tell your children, your mother ?

10. Is this your passion, ie, or is it just to make money?- Just to make money does not sell as well as passion.

Designed by Josie Aberdeen. Developed by Loretta Manuel.