213 turning your product idea into a business (skincare case study)
Description
Megan from Adelaide wants to start a skincare business, but where does she begin? In this episode, Glen and Adrian unpack the steps for turning an idea into a business with the help of AI. They cover:
👉🏾 do you really need a business plan?
👉🏿 when GST kicks in and how ABNs work
👉🏻 protecting your brand (without wasting money)
👉 low-cost ways to test your idea at markets
👉🏽 insurance, liability and legal essentials
👉🏾 how to calculate costs and profit margins
👉🏿 when to quit vs when to push through
Watch this on Youtube: https://youtu.be/OzUbM6PM-n8
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