Little Bets: How To Test Business Ideas And Minimize Risk

1 replies
How making "little bets" minimizes the risk and cost of new business ventures.

How Chris Rocks test his new material with "little bets", and little risk.

Ask yourself "How can I test this idea without investing a lot of capital or time?"

Niall test an idea of making money with AirBnB.com. Can he make money renting out multiple room in an apartment?

A bit of a heads-up, your mind will start swimming with ideas as you watch this ~5 minute video. You may want to have a paper and pen, or Everynote :rolleyes: close by.

How To Test Business Ideas And Minimize Risk (Little Bets) - YouTube

If you like the ideas that Niall talks about, here is a Google Talks video with Peter Sims.

Authors@Google: Peter Sims - YouTube

Please share any ideas that you come up with. Also, you might have an example or two that we would like to hear (see?).

Joe Mobley
(I have no financial association with anyone in this post.)
#bets #business #ideas #minimize #risk

Trending Topics