Sell Before You Build

One crucial principle for achieving financial success is to sell before you build, ensuring that there is a market demand for your idea. Rather than investing time and resources into product development without validation, it's vital to gauge interest first. Successful crowdfunding platforms, like Kickstarter, exemplify this approach by allowing creators to secure funding before project launch. Implementing this strategy increases the likelihood of a successful product launch, as entrepreneurs can adjust their offerings based on pre-sale feedback.