Prototyping for Money
Test your ideas
Prototyping for Money is a framework for testing your ideas and transitioning into consulting or entrepreneurship. It involves building a simple business plan, prototyping your services, and iterating based on feedback. This approach allows you to take control of your work life, gain autonomy, and potentially earn more income.
- Take action and prototype your ideas
- Be flexible and adaptable in your approach
- Focus on providing value to your clients
- Start with CuriosityBrainstorm a list of things you know how to do and might be 'consultable'. Research the market and identify potential clients.Pro tipUse online platforms to find potential clients and projectsWarningBe cautious of overcommitting yourself in the early stages
- Build a Simple Business PlanDevelop a basic business plan that outlines your services, target market, and financial projections.Pro tipKeep your plan simple and focused on the key elementsWarningDon't overcomplicate your plan, it's meant to be a starting point
- Prototype Your ServicesOffer your services to a small group of clients or projects to test your approach and gather feedback.Pro tipUse this opportunity to refine your services and identify areas for improvementWarningBe prepared to pivot or adjust your approach based on feedback
- Iterate and RefineContinuously gather feedback and refine your services to improve your offerings and increase client satisfaction.Pro tipStay focused on providing value to your clients and be open to new opportunitiesWarningDon't be afraid to say no to projects that aren't a good fit
Thomas started driving for a ride-sharing service to make extra money. He was able to prototype his services and refine his approach based on feedback from clients.
Sharon started offering marketing advice to friends and acquaintances. She was able to prototype her services and refine her approach based on feedback from clients.
The concept of Prototyping for Money was developed by the authors as a way to help individuals transition into consulting or entrepreneurship. It is based on the idea of prototyping, which is a key concept in design thinking.