Idea to Action

I’m sure you’ve had a great idea for a business, having a head full of ideas has been described as ‘the entrepreneurs’ curse’. How many of us actually act on these ideas?

Gwen Blake certainly did. She dreamed up the witty meme above at the height of the recent political upheaval (the August 2018 Liberal Party leadership spill). When her meme got ‘a zillion likes’ on Facebook, that was enough market validation for her to swing into action. She created a new business overnight, organised the production of the actual bags and started selling them via the online store Etsy, racking up sales of $30,000 in just three days.

So next time you think you’re on a winner, you just might be. With a host of free or cheap digital tools at your disposal, and the web and YouTube as your technical ‘how to’ guides, converting your great idea into a profitable business may be easier than you think.

This post was inspired by an article that appeared in Packaging News. Here is a link to the original article.

Smart Passive Income

Smart Passive Income

Pat Flynn is the host of the Smart Passive Income website and podcast. I have been a fan of his since he launched his podcast in 2008. He is painfully transparent, publishing his monthly income in the top right-hand corner of his home page (yes, that is his monthly income).

He is very happy to ‘walk the talk’ and includes an income report detailing where every dollar of his income is generated. Whilst the website can be a little overwhelming, I would recommend (not surprisingly) you begin at the ‘Start Here‘ page, before having a look at the ‘Resources’ page. And if you’re a fan of podcasts, his podcasts are excellent.

Pat’s website includes enough information and plenty of step-by-step ‘how to’ guides to get you generating online income in no time.