From what I see everyday, I find that the number one problem of making more money to get rich is finding the right idea. You either have zero ideas or just too many of them, or maybe you don’t know where and how to start. Today I’ll talk to you about how to implement a habit of generating the right idea that will get you to climb the success train.
Today, instead to telling you to “find the right idea”, I will tell you how you can identify, validate, and test your own idea, that will eventually make you rich. Instead of telling you to figure out a popular money making idea in the market, I’ll tell you to find your own idea and make it a profitable one. The one idea that is already there in the market, or someone you know is “their” ides which might or might not work for you. Why not use your own, to create your own success?
As I said earlier, there are two main barriers for you to make a “money making” idea:
- You can’t identify an idea at all
- You have too many ideas and don’t know where to get started
Remember, to break down these barriers and acquire the right money-making idea requires you to meet 4 criteria:
Criteria 1: Showcase your skills:
This one’s most important. Your money-making idea should match with what skills you currently have. No matter who you are, you have skills. Skills you are born with, skills you have learned in school, office, college wherever, just remember that all these skills are important. You can be either good at math, or a particular language, or in good shape or have a persuasive way to speak to people. All these are skills. And you need to be face-to-face with them. How? Simple. Take a paper and pen and time with yourself and jot down your skills. That’s the first step.
Criteria 2: Showcase your strengths:
Your money-making idea must highlight your strengths. Strengths are the qualities which make you stand out of the crowd of people who may have the similar skill sets. How to find your strength? Again, sit with the list of your skills you have jotted down and figure out, among all the skills which skills you have the most strength. Once you have done that, you are ready to proceed to criteria 3.
Criteria 3: Match your interest:
Your money-making idea must match your interest otherwise you won’t stick to that idea for long. You have make sure that your strength which you have derived from your skills must match your interest quotient. You are generally passionate about your interest, so you will work hard to generate your idea because that passion will keep you going. Remember, it’s not just the job, it’s something you love to do.
Criteria 4: Has an actual market:
After you figure out to break through the third criteria, you must make sure that your interest area from where you want to make money, must have a tangible market as well. In other words, people should be ready to shell out money to attain your services. The idea will only make sense if there is a real market for it, people who are willing to pay for your product or service.
Once all these criteria are met, and all these tick boxes are checked you can validate that your idea is a money-making one and with the right amount of passion and work ethics you can reach the pinnacle of success.