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Blog, Video · May 29, 2014

Video: Do a Mini Market Survey Before Starting a Micro Business

You are here: Home / Blog / Video: Do a Mini Market Survey Before Starting a Micro Business

 

You should do a Mini Market Survey for Your Micro BusinessIn today’s video, I share with you how to do a mini market survey with friends, family, and people in your neighborhood or community.

In the video, I explain why filling out a mini market survey is so important. I show you that a mini market survey consists of the following questions:

~ What is the Need?
~ Would people buy my product or service?
~ When do people need my product or service?
~ What are people willing to pay for my product or service?

I also give examples of students who have used my advice and completed a mini market survey. I explain one student who had an idea to complete video game levels for his friends and get paid for it. After completing a mini market survey, he realized they weren’t willing to pay him more than .50 cents. So he decided to the scratch the idea.

But the student realized he had a knack for something else that he could get paid for. Find out what that is in the video below:

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      Curriculum SetFor more information about how to start your own micro business and how you can create a Mini Market Survey of your very own, check out my series of books, Micro Business For Teens, available at: MicroBusinessForTeens.com, Amazon.com, and other retailers listed here.

      Carol Topp, CPA

      Related posts:

      1. Video: Creating a Business Plan for a Micro Business – The Marketing Plan
      2. Teen Entrepreneur Survey
      3. Video: Should You Sell Services or Products – Starting a Micro Business
      4. Video: Should I Start A Micro Business With a Friend?
      5. Video: What Are Ideas to Market My Business?

      Filed Under: Blog, Video Tagged With: Carol Topp, Starting a Micro Business, business, business plan, entrepreneur, micro business, micro business for teens, mini market survey, teen survey

      Carol Topp, CPA

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      From a parent

      Thank you for your e-book on teen micro businesses. Your valuable experience and wealth of knowledge is vast.

      Your presentations at Cincinnati homeschool conferences and sharing with us over the years have benefited us well.

      I can hardly believe we are at this point in our life-and here he is a young man ready to try his fortune with the world.

      -Mandy S

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