Anyone has probably dreamed of achieving great success with their idea at least once. However, starting a business comes with many challenges. Especially if you don’t have a developer or tech team, turning your idea into reality can be a major hurdle. In this article, we’ll introduce a way to achieve $2,500 in monthly revenue in a short time using already verified products.
The Power of Verified Products
Many makers create a variety of products, but most of them end up being abandoned without seeing the light of day. This often happens due to a lack of business experience or knowledge of monetization strategies. Have you ever thought, “If someone could just take my idea from 0 to 1, I could definitely take it from 1 to 10”?
There is a solution to this dilemma. It’s using fello. Fello is a platform where you can easily search for products that are already completed or have been previously operated. Through a reasonable acquisition proposal, you can quickly validate your business hypothesis.
Different Forms of Product Acquisition
You don’t have to purchase a product in its entirety. After making an acquisition proposal, you can negotiate for various types of deals such as technology transfer, acquihires, or equity shares. This allows you to tailor the acquisition contract to include only the parts of the business that are essential to you.
Who Should Consider Product Acquisition
- Teams with business acumen but lacking product development skills
- Entrepreneurs who have secured initial funding but can’t find a developer
- Those who want to quickly validate their hypothesis
- People looking to create a cash cow with minimal effort
Examples of Using Fello
Case 1
Mr. A, who had great business sense, had a brilliant idea but struggled to find a developer. However, through Fello, he was able to acquire an already completed product and quickly realize his idea. As a result, he achieved $2,500 in monthly revenue in a short period.
Case 2
Mr. B, who had secured initial funding, wanted to validate his hypothesis quickly. By acquiring a verified product through Fello at a low cost, he was able to achieve results in a short time.
How to Use Fello
- Product Search: Visit the Fello website and search for products in your desired field.
- Make an Acquisition Proposal: Select an interesting product and make an acquisition proposal.
- Negotiation: After making the proposal, negotiate to create a contract that includes only the necessary parts.
- Execution: Quickly launch your business based on the acquired product.
Conclusion
You don’t always have to create something new to build a successful business. Starting quickly by using already verified products is also a viable approach. Use Fello to bring your ideas to life quickly and create a successful business. A single choice can lead to significant change.
References: Fello