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Reilly Chase
- Founder of HostiFi
- $95,000 monthly revenue
Reilly Chase tweets how he was fired from a job that paid him $95,000 a year. Apparently they fired him for working on his side project, HostiFi.
That side project now generates $95,000 every month 💰
Reilly credits “The Meat Grinder Approach” with helping him come up with the idea for HostiFi.
The secret to coming up with a successful business idea is putting hundreds of ideas through the meat grinder.
The meat grinder is a series of tough questions, such as:
- Can I make this?
- Are people currently spending money on it?
- How will I get the first 25 customers? Then the next 250?
- If it works, will it be sustainable?
- Am I the person to build this business?