EP159: A 3-Step Method to Fail-Proof Your New Business Idea w/ Daniel

How to make your business fail-proof? Risk is unavoidable with any business, but you can minimise it by taking certain steps. Daniel lays out his proven system for doing just that.

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TIME STAMPS

(01:30) Risk is unavoidable with any business, but you can minimise it
(03:17) The 3-question validation system to qualify your business idea. Question #1: is there competition in your field?
(10:07) #2 Are your competitors making any money?
(14:05) #3 How can I make my product different and/or better?

LEGAL DISCLAIMER: None of the contents of this show should be taken as financial or legal advice. The New Wave Entrepreneur is educational and entertainment content only. Remember: always DYOR!


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