How to Know if Your Idea is Good: The Secret Formula

The Tai Lopez Show

• Episode: How to Know if Your Idea is Good: The Secret Formula
• Website: The Tai Lopez Show
• Feed URL: http://thetailopezshow.libsyn.com/rss
• Duration: 00:18:46
• Published: 2017-11-28 11:00

“You need to look very carefully at your goals, what you want out of life, and then reverse engineer the way that you should be living” - Tom Anderson

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What do you want out of your life?

That is a question that is far too often skipped over by people, in pursuit of something specific that they think will make them happy. But unless you really take a deep look at what is important to you in the long run, and then create goals and day to day habits based on that, you could end up somewhere you don’t really want to be.

Today we’re talking with Tom Anderson, founder of MySpace, about this practice and what it has meant for his daily life post-MySpace. In addition, we get into the details of split testing, why it’s important and easier than ever to test your idea before pouring massive effort into it, and much, much more.

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“It’s essential to be open to learning from other people” - Tom Anderson

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Points to Keep In Mind

• You need to look very carefully at your goals, what you want out of life, and then reverse engineer the way that you should be living
• It’s essential to be open to learning from other people
• Making fast decisions can be a competitive advantage, but always know that you have enough facts to make an informed decision
• It’s so easy to test things online, that there is no excuse to build something without knowing if people want it or not
• You will know very quickly if you have something that people really want
• Test everything
• Influential people are one of the most important things to leverage for your business