The 6 Most Dangerous Words an Entrepreneur Can Hear

By Charlie Byrne | Mon, Aug 25, 2008 |

  

Archives: Business Skills | It's Good/Fun to Know

1. That
2. Sounds
3. Like
4. A
5. Great
6. Idea!

When running your new product ideas past friends and family, don’t pay much attention to what they say. Heck, they don’t want to burst your bubble by telling you you’re not the next Ron Popeil.

Of course, they’re going to give you plenty of encouragement to your face. But at the same time, maybe they’re wondering “Hmmm. I don’t know if that’s going to work.”

Here is the one and only time you will know you have a good, marketable idea: when a complete stranger hands you cash for it. End of story.

[Ed. Note: You can create a business you love, about a subject you care about, AND turn it into a serious wealth producer. And ETR is here to help. Our exclusive Internet Money Club walks you step-by-step through setting up a website, starting an e-mail newsletter, creating your own products, marketing those products, and much more. The Club is strictly limited to 250 members, so sign up today before you're locked out until next year.]

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Comments

One Response to “The 6 Most Dangerous Words an Entrepreneur Can Hear”

  1. thomas ogeto says:

    hi wish to be remembered.wish you good

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  • Thanks for this article! You have crystallized and defined an issue that has been nagging me for some time. I knew that there were issues with a business I work with, but I just couldn’t clearly define it. Now that I have this information, we can work on a solution. It seems to me that this idea would apply to all aspects of a business and not just customer service.

    Patrick M.