- Joined
- May 1, 2011
- Messages
- 7,968
Rep Bank
$8,151
$8,151
User Power: 461%
I am currently in a situation, that relates to this thread, and I would love to hear your opinion.
There is this product I want to create, but just because I think it would be the best use of my skills.
The harsh reality is, the hype of the product is gone a couple of years ago and there is a lot of products like this in the world. I did some research. Many of the products are really shitty, made to ride the wave apparently. I can clearly see what I can improve (what kind of value I will provide), I checked some of my options and I am willing to put in the time.
Though I am good at this skill, it will be a lot of work, so I am not going to do it out of passion, but because I think this is somehow my best chance to create a nice product for people.
So despite the faded hype I still plan (actually started) to create this product, see what happens, and hopefully learn a lot in the process.
What do you think? What would you do in my case? Even if I am fooling myself and there will be no added value to the saturated market, isn‘t it better to try, instead of not trying?
I just fight a lot with that voice in my head, that say: maaaan, you always miss the train
(PS: @MTF this year I have finally published my first fiction, as I promised on my INSIDERS thread 4 years ago. It feels really different than I imagined I am officially an author now and my next book is currently being edited)
Thanks a lot! You are right, nobody would steal my idea for a saturated market. So the idea is coloring books. Since I am already a fiction writer, I also hope that the additional content would help me with amazon algorithm. But this is not the main reason. The main reason is, that I have practiced pen drawing my whole life, I just didn‘t see what I should do with it, because it seemed just too ridiculous to make money with such a simple skill . Now I finally see the elephant in the room.
I have checked a lot of different coloring books on amazon. There is still demand, according to the reviews. I have list of things, that people like/dislike, and can clearly see why some books are loved and most are not.
I'd say go for it. If there's little risk and a relatively easy way to test it, there's little harm in doing it. Also, I'd consider this specific niche still way less saturated than for example romance.
Glad to hear you finally published your first novel. Good luck with your next book!
Dislike ads? Become a Fastlane member:
Subscribe today and surround yourself with winners and millionaire mentors, not those broke friends who only want to drink beer and play video games. :-)
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts
Ready to Unleash the Millionaire Entrepreneur in You?
Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.
With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.
Become a member and gain immediate access to...
- Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
- Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
- Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
- Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.
"You are the average of the five people you surround yourself with the most..."
Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!
Join Today