Small Business Confidential

Listen To The Marketplace When Deciding On A Business Idea

October 30, 2022 Mike Reilly Episode 14
Small Business Confidential
Listen To The Marketplace When Deciding On A Business Idea
Show Notes

For any new business, listening to the market is crucial, as you will be able to determine whether or not it is sustainable. Seeing the market first will maximize your chances of success. In this episode, Mike and A'marri discuss the changes in the market over the years and why listening to the marketplace is necessary when deciding on a business idea. 
6:57 Mike and A’marri discuss how the market changes every decade, as well as how they evolve and deal with virtual assistants.
13:43 Mike and Amarri discuss the idea of what the market wants, might differ from what the market actually wants
15:33 Mike and A'marri discuss if such a business idea will be sustainable in terms of paying the bills or is it just an interesting hobby.