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5 Ways to Validate a Business Idea, Right Now

Don't let your day job or lack of capital stop you from finding and testing a business idea. Here's how.
Last year, I embarked upon a personal challenge to validate a business idea in 30 days. To make it even more difficult, it was a random idea chosen by my readers. They asked me to do it without using my existing website, traffic and business connections and without spending more than 20 hours per week on the project. On top of that, I limited myself to spending no more than $500 validating this idea. The experiment was a success.In just two weeks, I built an email list of 565 subscribers without having an actual website. Then, I reached out to a handful of those subscribers and pre-sold 12 copies of a book that didn't even exist yet, all in less than 30 days. I wrote about the experiment in real-time with in-depth weekly updates, successes, failures and lessons learned along the way, right here in my validation challenge. Today, I want to share with you the five most effect…

Thoughts on spending money

Thoughts on spending money
Too many people spend money they haven’t earned to buy things they don’t want to impress people they don’t like.
Will Rogers

Time is the most valuable thing a man can spend.
Theophrastus

The thing I should wish to obtain from money would be leisure with security.
Bertrand Russell

When you have money, think of the time when you had none.
Japanese Proverb

The cost of a thing is the amount of what I call life which is required to be exchanged for it, immediately or in the long run.
Henry David Thoreau

A man who both spends and saves money is the happiest man, because he has both enjoyments.
Samuel Johnson

Money is valueless, except as it will satisfy wants.
Edwin T Freedley

In terms of monetary behaviour, there are two types of people on this earth: Those who save and those who spend.
Anna Agoncillo

No one has ever achieved financial success by constantly spending all they have in order to deceive others into believing they are rich.
Edmond Mbiaka

Never keep up with the Joneses. Drag them down to your level. It’s cheaper. 
Quentin Crisp

Riches do not consist in the possession of treasures, but in the use made of them. 
Napoleon Bonaparte

There are more important things than money—the only thing is they all cost money.
Louis A Safian

Money, if it does not bring you happiness, will at least help you be miserable in comfort. 
Helen Gurley Brown

Read more: forbesindia

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