Ideas, Products & Validation. ๐Ÿ’ก๐Ÿ“ฆ๐Ÿ’ฐ

In Jan, I listed my products to date ๐Ÿ‘‰ https://twitter.com/HelenRyles/status/1221595707179663360?s=20

It taught me:

๐Ÿ˜ฌFor every 1 successful one, I had 2 that failed
๐Ÿ“…I average about 4 products a year
๐Ÿ“ˆMy success rate is going up
๐Ÿ”จSkills snowball over time & transfer

1/6
Since then I get asked these questionsโ“

๐ŸคทWhy so many projects?
๐ŸŽWhere do you get your ideas from?
๐Ÿ˜ฎHow do you decide what to work on next?
๐Ÿ˜ญAre you worried about ideas being stolen?

2/6
My projects are always small + self-contained to:

โŒ›๏ธFit around a 60hr work week
๐Ÿ“ฆDeliberately constrained & not overwhelming
๐Ÿ”คCan be built using no-code + free tools
๐Ÿš€Small enough to actually launch (a project always expands!)

3/6
These things help with ideas & inspiration๐Ÿ’ก:

โœ๏ธDocument all ideas, around ~5 a day
๐Ÿ‘ฉโ€๐Ÿ’ปReview them every few months
๐Ÿ“ŠLook for repeating ideas, trends + patterns
โœ…Rate & filter them

4/6
I rate my product ideas in the following ways:

๐Ÿ™…โ€โ™€๏ธConcept: Never going to happen, I have no idea how to make this

๐Ÿค” Possible: I can see this existing, I could prototype this

๐Ÿคฉ Confident: I can't wait to make this, I am already actively validating this.

5/6
Don't be precious with your ideas ๐Ÿ’Ž

๐Ÿฅ‡Youโ€™re not 1st, do more market research.
๐Ÿค‘People copy profitable businesses, not ideas
๐ŸฅŠRemove fear of competition early, or it will always be there

โœจYou will have more ideas in one day than you can ever build in a lifetimeโœจ

6/6
You can follow @HelenRyles.
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