Validate Your Business Idea with Waiting Lists!

I’ve started 7 businesses that have gone from 0 to a million in their first 12 months. 3 businesses that went north of 10,000,000 but here’s a crazy thing anyone can do this and I am going to take you step by step through the best ways of making a life-changing amount of money. Daniel Priestley, money and business expert. That’s helped thousands of people start, scale and grow their own multi-million-pound businesses from scratch. These are the best ways to start a business.

We start with an idea but we need to sharpen our ideas in the market not in our minds. I see so many people; they raise money, book an office, buy computers and after all of that, no one’s interested in their video. So we have to conduct a test where we fail fast and fail cheaply. For example, waiting lists are one of the fastest ways of testing an idea.

And this is what really smart entrepreneurs do. Like, Elon Musk launched a waiting list for the Model 3. He launched a waiting list for the Cyber Truck validating the idea. In fact, Rollex had a massive breakthrough when they stopped selling Rollexes and started selling the waiting list. ... But if it’s crickets ..., ok fair enough, let’s have another idea.