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How to know if your next business idea is a winner

Updated April 2024

By Jim Connolly | April 12, 2023

winning idea, next idea a winner

So, how do you know if your next business idea has the potential to succeed?

One way to get a very good steer in the right direction, is to share the idea with a select group of people before you launch it. These should be people you trust, and whose opinion you value. They should also be the kind of people your product or service is aimed at.

Then, observe what happens

– If those people ask you if they can tell their friends about your idea, or they ask if they can get involved in your idea, you could have a success on your hands.

– If those people smile, tell you your idea is great, but don’t ask you if they can tell their friends, or don’t ask if they can get involved in it, you probably need to improve the idea or ditch it.

In business, when you want to know what someone really thinks, focus your attention on what they do. Actions not only speak louder than words, they tend to speak the truth.

IMPORTANT: If you want to make more sales, boost your profits and grow an amazing business, this will help you!

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Jim Connolly

Hi! I'm Jim Connolly and I use creative marketing to help small business owners increase sales, boost profits and build amazing businesses. Read more here.

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