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How do I know if my business idea is viable (FS081)

Several listeners asked questions about choosing between multiple business ideas. What can you do to tell which ones are viable and which aren’t?

We get into that, a youtube video editing hack, Barrett’s “LPC” strategy and a couple other bits on the show today. Enjoy!

Listen to the episode:

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“(Podcast) How to tell if your business idea is viable.”

Show Notes

  • Emma Davies’ suggestion for a fun bit on this show. We won’t do that.
  • 5 min: A story about morning routines and the environments we work in. Also, Chase tries math… again.
  • 10: Design + copywriting efficacy.
  • 13: Barrett’s “LPC” twitter strategy.
  • 16: Learning about YouTube editing tips. Drum beats in the background!
  • 20: Jamie’s question: Am I right to follow my heart instead of an easier and quicker way to bring in money?
  • 26: Is there such a thing as balance? Also, Barrett’s super sexual basketball reference.
  • 33: Sean Marconett’s question: do you think creating a product to coach online entrepreneurs about mindset is a viable business idea? Do you think business experience is required, or is being experience in coaching all that’s necessary?
  • 43: James’ question: how do you work with a team and not get bogged down in the “fiddly” bits? We’re having trouble releasing certain roles to certain members.
  • “You came out of the womb with an eagle poster that said, ‘Achieve.’”
  • 54: Dave’s question: I’ve got one idea already going and another I want to get started on. When can I move away from one idea, or move it to auto pilot, and start on the other? Can I just start doing the other one alongside and do 2 alongside a 9-5 biz?

Links + Stuff

Live Your Legend Chase and Corbett helped Scott and his team put this new design together.

Words “There’s not much here. Just words.”

Jason Selk (performance coach) on the Bryan Callen Podcast “While serving as the Director of Mental Training for the St Louis Cardinals, Dr. Jason Selk helped the team win their first World Series in over 20 years.”

Filson 72 Hour Tin Briefcase Review Notice the drum beat.

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