The biggest mistake that most online entrepreneurs make is to NOT test their ideas.  Rather, they jump straight into product development, spending weeks or months creating a product, only to find out that no one wants to buy it.  I know this first hand because I’ve been there.

The good news, however, is that you don’t need to make the same mistakes that I made because testing your business ideas is now easier than ever.  In this post, I am going to give you a simple and quick formula for doing your market testing, using tools that are freely available on the internet.

Before I explain that process, however, I want to emphasize one important starting point: 

IN ANY PROFITABLE MARKET WORTH ENTERING, THERE WILL ALREADY BE PEOPLE MAKING MONEY.

There are a lot of ways you can make money online, but I want to focus on 3 ways that are easy to understand.  Almost anyone should be able to find something that they can do within these 3 opportunities.  In later posts, I’ll go into these in much more detail.  I’ll also talk about how you can test whether  any particular area is likely to be profitable along with different tools that you can use to be successful.  For now, however,  I simply want to explain the different options.

I’ll present these 3 options from easiest to hardest.