If you can't answer yes to all of the following find a new market

by Jonathan 8. February 2009 17:29

1. I can easily find a market of hungry buyers online that want what I have

2. I can get to these hungry buyers via Google AdWords

3. I do not need to be first to market to succeed

4. I can grow slowly and still be successful

5. My solution does not require integration with major industry players to be viable... if integrated it’s a bonus but not a requirement

6. I have found several end users who have agreed to buy what I am selling and secured money from them before building my product or solution (proves idea relevancy)

7. If I'm not number one or two in the market place I could still be a raging success (i.e. after Facebook and MySpace is there really much room left? Does anyone really need another similar Social Media solution? And how much money would it take to compete?)

Not all ideas are good ones.  Not everyone wants what you think they will want.  No one buys for logical reasons... buying decisions are based on emotion and later justified with logic (if possible). 

Be sure before you invest your time and money that there is a market for what you are building.  It will save you a tremendous amount of pain and debt.

Thanks to Google AdWords it isn't that hard to test an idea and prove concept before committing.

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You Can't Afford To Do It Cause You Ain't Do'in It.

by Jonathan 5. February 2009 15:59

I've spent a lot of money learning and studying the game of business.  Got a long ways to go.  But it's had a tremendous impact on my earnings, net worth and opportunities.  Take Dan Kennedy for example, I've probably spent 10k on his stuff in the last 2 years.  Every dollar was well spent.  How many other people would have spent 10k to learn (from just one guy)?  Not many.  And I believe there is a direct correlation between the money spent to learn and grow and your income and opportunity.

It could be argued that 10k is an awful lot of money when you are just getting started or when you are broke.  Agreed.  So here's the solution.  Buy the book.  Dan Kennedy must have 10 books on the market.  Every one of them worth reading.  Every one of his books is packed full of actionable ideas worth 10's to 100's of thousands of dollars if implemented.

Problem is, it seems the all the vast majority of people do is talk and set new year’s resolutions. 

If you can't afford the advanced newsletters, advanced courses, DVD programs, seminars, coaching, masterminds... no worries.  Start with the book.  Implement the ideas you can buy for 10 bucks.  Your income (and confidence) will increase.  Next.  Re-read the books and implement more.  Before you know it you will be able to afford any coaching program you want.

Until you start doing it, implementing and learning, you'll never be able to afford to.  Start with the book.  All the guru's have one.  They've all discovered the same thing.  Books build instant credibility and lead to speaking gigs... and big paydays.  For $10 you can't go wrong... especially with a Dan Kennedy book.

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About the authors

Jonathan Pototschnik and John Caldwell are owners / partners in a new SaaS company and are currently in the process of launching.

Jonathan is a former developer who's turned his interests toward business and marketing over the last 8 years. He has successfully launched several service industry companies by applying industry recognized best practices.

John Caldwell has over 20 years experience developing leading edge solutions in the decision support, financial and business sectors.

Our product and company sites:
www.backtell.com
www.serviceautopilot.com
www.lawnservicesoftware.com
www.twitter.com/backtell

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      The opinions expressed herein are my own personal opinions and do not represent my employer's view in anyway.

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