02: How to Choose a Business Idea – Top Takeaways from Michael Stelzner

In this episode, I am going to dive deeper into Mike Stelzner’s Episode as I review the 5 steps that he takes when deciding if a business idea is worth pursuing. If you fully consider each of these steps in your own ventures you will find that you are more confident when your monkey mind starts to act up.

Here is a quick glimpse at this episode:

Step 1: How do you watch for trends in the marketplace?

Step 2: Is there a hole in the market that you can fill?

Step 3: How do you leverage the assets you already have to enter the market?

Step 4: What model are you going to use to grow your business? (Hint Mike’s method can be the key to anyone’s success!)

Step 5: How much risk should you take on?

Let’s jump in!

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Read the Transcript HERE

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