📺 Stream EntrepreneurTV for Free 📺

Will Your Big Idea Make You Money? Do your research and test your idea before you invest too much into it.

By Lewis Howes

entrepreneur daily

This story originally appeared on Lewis Howes

Shutterstock

One of most common questions I get from entrepreneurs is "Will my business idea make money?"

I always want to answer them the same way, so in today's solo round on The School of Greatness, I'm diving into this.

The truth is, anyone can find this out before they launch their product or business.

It just takes some research and strategy to test your idea before you invest too much into it.

So in today's solo round I'm walking you through the four simple steps I recommend to vet your idea and guarantee it's profitability before you invest in it.

Get ready to take notes and make money in Episode 443.

Subscribe on iTunes, Stitcher Radio, Google Play or TuneIn.

Lewis Howes

New York Times Bestselling Author, Entrepreneur, Coach

Lewis Howes is a New York Times bestselling author of The School of Greatness and The Mask of Masculinity. He is a lifestyle entrepreneur, high performance business coach and keynote speaker. A former professional football player and two-sport All-American, he is a current USA Men’s National Handball Team athlete. He hosts a top 100 iTunes ranked Apple podcast, The School of Greatness. Howes was recognized by the White House and President Obama as one of the top 100 entrepreneurs in the country under 30. Details magazine called him one of “5 Internet Guru’s that can Make You Rich.”  Howes has been featured on Ellen, Good Morning America, The Today Show, The New York Times, People, ESPN, Sports Illustrated, Men’s Health and other major media outlets.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Editor's Pick

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Employee Experience & Recruiting

Feed Your Company Spirit with This $200 Restaurant.com eGift Card That's Only $35

Use it at thousands of restaurants around the U.S.

Living

Show Mom You Love Her with Two Dozen Roses for $25

Rose Farmers is offering a limited-time deal on delivered roses for Mother's Day.

Data & Recovery

Get 500GB of Lifetime Cloud Storage for a One-Time $120 Payment

Boost your bottom line by getting an enormous amount of cloud storage for life without recurring fees.

Devices

Stay Focused and Accessible with These $40 Conduction Headphones

These headphones sit on top of your ears, so you can take calls while staying tuned into your surroundings.

Devices

Keep the Office Cool This Summer with $10 Off a Klima Thermostat

The Klima Smart Thermostat can turn your existing mini split, heat pump, or AC into a smart unit.