What’s next?
With this guide, I have covered a lot of ground about testing and validating your ideas first before launching your own website.
There are three things I want you to take away from this guide:
- Your business exists to solve peoples’ problems or pain points. Once your products and services have met the wants or needs of your customers, you should be making money from your side gig provided you have priced them correctly and there are not many options for your customers (scarcity).
- Always start with testing and validating your product and service ideas using established marketplaces like eBay and Amazon well before launching your own website and doing anything else. This will limit your risk, time, and effort. Learn from your failures. Once you have got a winner, strategise and plan your next steps, taking into account what you have learned about yourself, your customers, and your products and services.
- Owning and running a business is not for everyone. It’s OK not to be a business owner or owning a side gig. Just by doing it, you have given this idea a try. You should not have any regrets later on.
Please let me know what’s your single most-important question about starting a side business? And what prompted you to search for the answer today in particular?
[1] https://www.cbinsights.com/research/startup-failure-reasons-top/