Friday, July 02, 2010

My Top 10 Worst Money Making Ideas from Neil Patel at Quick Sprout

I know most of these ideas sound foolish, but I was a kid/new entrepreneur when I came up with most of these business ideas. The point I am trying to make is that you to will come up with a lot of dumb business ideas, which means that you will fail a lot. Just don’t get discouraged because sooner or later you’ll learn to come up with good business ideas.

And if that doesn’t encourage you, just look at Mark Cuban. At one point he had a business idea that revolved around selling powdered milk. In his eyes, it tasted as good as the real thing and you wouldn’t have to worry about expiration dates. But as you know, that isn’t how he made his billions.

PS: If you are looking for more bad business ideas, check out this post by Jeremy Schoemaker and this post by Brian Armstrong.

From: http://ping.fm/NFXC1

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