4min chapter

Rich Habits Podcast cover image

Q&A: Opening a Franchise, Selling a New Product, and Income-Producing Assets

Rich Habits Podcast

CHAPTER

Strategies for Launching a New Product and Utilizing Pre-Sales for Market Validation

Exploring the significance of pre-sales in product launches, emphasizing early market entry, bootstrapping, and transparent customer communication. Insights on funding options such as friends and family rounds and negotiating with factories for smaller production runs are also highlighted.

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