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Evaluating A Business Idea
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36 STUDENTS
37m

Learn the basics of evaluating a business idea, narrowing down your focus, and establishing product viability.

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Course Skill Level
Beginner
Time Estimate
37m

Instructor

Life time Salesmen. I have a history of launching new software and physical products for companies. I specialize in Sales and Business development and Leadership. Managed 9 person Sales Team Cold Email campaigns with average open rates of 20% Small business owner Real estate investor In my courses I seek to teach you what you need to know to take action. NO FLUFF. I'm not here to waste your time. It's too valuable. Improve your sales skills Launch your first business I am here t

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About This Course

Who this course is for:

  • Entrepreneurs
  • Business Owners
  • Anyone interested in starting a business
  • Anyone interested in adding a new product to a business
  • Anyone who is interested in learning how to quickly evaluate a product idea

What you’ll learn: 

  • How to evaluate a product idea
  • Using a tool to generate profitability of a product
  • Establishing viability of a product
  • Narrow down focus of a business idea

Requirements: 

  • No prior knowledge is required to take this course

If you are anything like me, you have a lot of business ideas. More than you can reasonably accomplish in a lifetime – at least with any real effectiveness at any of them. So to narrow that down, focus and dismiss business ideas more quickly, I have developed a process to evaluate a product idea and ensure that it would make financial sense.

This course is meant to teach how to quickly establish if a product idea is viable.

Does it make sense? How many units will you need to sell to generate a profit? What is the real cost of selling a product? We could sell anything? Why sell this thing?

We want to evaluate ideas quickly so we don’t waste time on ideas that won’t generate cashflow like we need them to. So our mental resources can be better spent on generating new ideas or better yet, generating revenue.

So if you spend hours thinking up ideas and need a faster way to evaluate them, this course comes with a quick and easy to use tool that will help you do that. Using this tool, you will quickly be able to generate the profitability of a product not just based on buying it and reselling it or creating it, but by taking into account all your monthly expenses associated with running the business. We will look at things people generally overlook when they first sit down to look at if a business idea is profitable.

Our Promise to You

By the end of this course, you will have learned how to evaluate a business idea.

10 Day Money Back Guarantee. If you are unsatisfied for any reason, simply contact us and we’ll give you a full refund. No questions asked.

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Course Curriculum

Section 1: Introduction
Evaluating Business Ideas Intro 00:00:00
Section 2: The Idea Stage
The Idea – Initial Quick Research 00:00:00
Product Research And Pricing 00:00:00
Research And Packaging 00:00:00
Section 3: Running Ideas In A Calculator
Using The Business Idea Evaluation Tool 00:00:00
How To Use The Tool Continued And The Numbers Explained 00:00:00
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