My business process ~ am I doing it right?

[Artsy]

Hey! 

My current entrepreneurial process is... 

~Ideate problems 

~Pick one I think I could deliver a solution for (that's also a win/net-positive for the world - no selling kids vapes BS) 

~Pitch it to friends/people in my network I think could benefit from it

~Get feedback & explore why they do/don't like it 

~Deliver/move on/repeat

 

Do this daily until I hit something scalable.

 

I'd love feedback, and questions to reflect on how I can refine/better my training on becoming a massive value provider? 

 

My ultimate goal is £7,000pm passive income, (that's also a net-positive for the world) which for me = financial freedom & I can sleep at night. 

 

Also looking to connect with creators on this part of the journey ~ PM me if you're building this skillset. I'd love to connect.

 

Edited January 31 by Artsy

[Shermaningeorgia]

i'd say it makes sense. Though its also best to test it against the general market, via either primary or secondary research. One's friends are a very small population and market to gauge viability by 

[Human Mint]

It will very much depend on what service exactly you're going to provide. And what exactly do you mean by ideating problems? Why would you want to create problems? I am probably misunderstanding.

 

[Elliott]

Practice conceptualuzing products for any little area you see a possible need. This will condition your mind to watch for potential areas for new products and it will broaden your capabilities and 'wheelhouse'. Even if you think it won't go anywhere, if you have the time and interest, explore random concepts you get.

I think exploring any types of interests you have that might have products you could deliver, broadens your field as well, any hobby or even jobs for example.

Don't pass over boring simple things.

Edited 21 hours ago by Elliott