Aspire with Emma Grede - Is Your Idea Worth Pursuing? Here’s How to Tell
Episode Date: November 20, 2025Do you have a spark of an idea that feels like it has potential? This mini-episode of Aspire with Emma Grede, brought to you by Shopify, will help you realize if your spark has the potential to turn i...nto a flame. On today’s pod, Emma offers solid steps to begin realizing your idea’s possibility. From identifying what problem your idea is solving to differentiating yourself from a crowded market, Emma guides you through the right questions to ask. Being an entrepreneur doesn’t mean changing your circumstances in a day...It’s a calculated journey that requires a step-by-step approach to test and learn. This is where a tool like Shopify starts to come in handy. Shopify isn’t just a place to sell things—it’s a platform that helps you test your idea. In this episode you’ll learn how to: -Name the problem your idea is solving to help people care about your product -Identifying your audience and asking yourself how willing are you to dedicate the time and effort -What can I bring to this solution that will set it above the rest? -What sets you apart from the competition, your difference is your power. If you’ve been thinking about starting something of your own, Shopify can help you take that first step. It’s built to make turning an idea into a business simple—from setting up your store to handling payments, inventory, and shipping. That way, you can stay focused on what really matters: bringing your vision to life. Explore what’s possible at shopify.com/aspire To learn more about listener data and our privacy practices visit: https://www.audacyinc.com/privacy-policy Learn more about your ad choices. Visit https://podcastchoices.com/adchoices
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I am so excited to share my debut book with you or Start With Yourself, which is available now.
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the book, also available on Amazon, your favorite audio platforms and all good bookshops.
Today's episode is one for all the aspiring entrepreneurs out there. We're going to focus on
how to know if your idea is worth pursuing, how to size up the opportunity and how to stand
out from the competition, because once you've answered those questions, you are off to the races.
Now, every entrepreneur knows that exciting and sometimes overwhelming moment when you get
hit with an idea. You know the one. It feels electric like it could change everything. The hard part
is what to do after that big moment. What to do as all the questions creep up, is this actually a
good idea? Will it be worth my time? Who's going to buy this? Where do I even start? I always say
an idea that visits you daily is worth pursuing. But the truth is there's so much to the messy
middle between inspiration and execution. And truthfully, that is where a lot of great ideas get lost.
But here's the good news. You actually don't have to figure it all out alone. We live in a time
where entrepreneurs have access to tools that can take you from idea to market faster than ever
before. So the first thing that you have to figure out is what problem am I solving? So let's start at the
beginning. The spark is what I like to call it. That moment when something clicks in your
brain and you think this could be it, I have an idea I want to pursue, but what next? So the first
question I always ask myself is, what problem am I solving? Because if your idea doesn't solve a
problem, be it big or small, it's going to be tough to get people to care and buy what you're selling.
When I think about starting something new, that question of what problem are my solving is one
I spend a lot of time contemplating. When I started a good American, there were two major insights that
helped inform me wanting to start that business and better understand the opportunity and what
I was solving for. So the first one is that 68% of women in the US are above a size 12. Yes, they are.
And yet most apparel retailers only cater up to a size 12. Go figure. When I came into the fashion
business, a much kind of strayed a body type was what dominated the media. And that was the ideal.
Kate Moss was the muse of the moment. But that has changed so much in recent years. Curvy body
types are completely celebrated, thank goodness, and most women, regardless of size, they've got
curves, meaning they have a smaller waist to hit ratio. And yet so much clothing, not just denning,
but so much clothing generally, wasn't cut for a more womanly curvy figure. Now, the second insight
is that you could be in a more with a thousand stores and yet only between two and five percent
of them would service a plus-sized customer. And usually, and honestly, we're very cheap, undesirable,
unfashional product. Now, I know from my years and years of working in fashion that there is
always a market for a more discerning, premium shopping customer who cares about design integrity,
the way something looks, how it fits, having a good fabrication or just something that looks cooler.
It's why we all gravitate towards Apple, as an example. Amazing design is intrinsically felt,
not just seen, and therein lie my opportunity. And so here's the thing I need to.
to let you know, especially in the culture that we're living through now. Sometimes the problem
that you will solve isn't earth-shattering. They don't have to be reinventing the wheel or
building the next billion-dollar tech company. It can be as simple as people can't find jeans that
fit properly, or I want to make a category that exists, but make it make sense for this specific
customer demographic. Don't ever think any differently. Businesses come in many different shapes and
sizes and ultimately what success looks like is entirely personal. The size of the problem,
however, now that matters. And we'll get into that in just a second. But the fact that you're
solving something, that is the foundation of every successful business. So you've identified
the problem you're solving. That's step one. Step two is figuring out, does the problem have an audience?
Is this problem big enough and is it worth my time and energy to solve? This is where you start thinking
about market fit. How many people actually have this problem? How often do they face it? And crucially,
how much are they willing to pay for a solution? Now, clothing is a $1.7 trillion market. Globally,
denim makes up nearly $82 billion of that market. That's hundreds and hundreds of millions of
potential customers. I knew from experience that I was constantly getting my own denim altered.
I'm 5'4. The average height for a woman in the US is also 5'4. And so to me, it stands to
to reason that if I was making alterations to my denim, that so many other people would be doing the
same. Now, having that insight around the plus-size customer made me start to think and look at other
demographics, women with long in seams, for example, or petite women. It stood to reason that there
was an opportunity in all of these markets, and the world's most inclusive denim brand was born,
Good American. Now, I tell you this part, because addressing who will be your customer,
this is where a lot of entrepreneurs get tripped up.
They fall in love with the idea without testing
if there's actually a customer on the other side.
And listen, passion is important.
You will need it to keep you going.
The passion alone won't pay the bills.
You have to have a problem to solve
and someone to sell the solution to.
And here's the other layer.
Is it worth my time?
Because let me tell you, starting a business,
it's going to demand everything from you at some point.
And I don't want to downplay that part. I never want to downplay that part. I've had times in my life where
all I did was work. I've sacrificed a lot and you will likely need to as well. You're going to have
the setbacks, you're going to have moments of doubt and you'll have to relinquish some personal
commitments and figure out the trade-offs that you can live with. Something always has to give.
But what you could get in return is the deep satisfaction of knowing that you bet on yourself and hopefully
you won. Now, in our first mini episode, we talked about finding your why, that part of your
truest self that feels connected to the mission that you're embarking on. When assessing your
idea, you should revisit that exercise. Does the journey ahead of you with your business idea
connect to your why? It really needs to. Because if it doesn't, you're going to have a hard time
keeping enough energy to get you through the tough spots. And let me tell you, and any entrepreneur
will tell you. They are coming. The tough times are always there. Now, I'm obsessed with making
product where I feel like the market is grossly underserved. This is how I begin to think about the
plus-sized customer, and ever since I've weave that thinking into everything I've done, make sure you
always, always track back to your wire. All right. So let's say the opportunity looks real. You know
the problems there. You know people will pay for a solution. And you know that this solution connects to
your personal mission. The next question is, what can I bring to this solution that will set it
above the rest? Because the chances are someone else has thought of it too. Maybe they're already
in the market. Maybe they're bigger or better funded or more established. That doesn't mean that you
can't succeed, but it does mean that you need to figure out your differentiation. What sets you
apart or your USP, your unique selling proposition? Now, I'm pretty good at making clothes and I love a new
project. But what really gets me excited is opportunity. So I started speaking obsessively about the
idea of good American. And every time I spoke to a woman about badly fitting uncomfortable jeans or
the cost of making all durations or pockets that flattened your butt, there was always such a
big reaction, which made me think I was really, really onto something. I knew while I was creating
a really familiar product, I mean, you don't get more familiar than denim, that I would
need to make a big difference in the design that could be felt and a very different size range
structure. And alongside all of that, I would need to create a set of values that meant that those
two things can never be changed within the company so that we would mean something to the
community of women that we would ultimately serve. Now, differentiation can come from a lot of
places from your story, from your product design, your values of a brand, the community you're
building. So ask yourself this question. Why would someone? Why would someone?
one choose me, my product and this company, and keep asking until you've got an answer that
feels strong enough to stand on. At this point, you've asked yourself all the right questions.
Now comes the scary part. The leap from idea to business requires action. An action doesn't have to
mean building out the entire empire from day one. It can be small, maybe putting one product
into the world and saying, let me see how this goes. I think the ability to test and learn is so
powerful and all you have to do is start. This is where tools like Shopify come in so handy.
Shopify isn't just a place to sell things. It's a platform that helps you test your idea,
which I'm obsessed with. You can validate whether it resonates and then you can grow when you're
ready. Maybe your product just flies off the virtual shelves or maybe you gain some key insights
that actually help you pivot into a better fit. One of my favorite quotes is,
I never lose, I either win or I learn.
And that's the mentality that I want you to take into the test and learn phase,
because there's so much to gain from just being brave and getting something into the market.
But then being smart and listening to the feedback and having the good sense to iterate on your idea,
given everything you've learned.
Don't forget, the sooner you put your idea in motion, the sooner you'll learn whether it resonates.
That's where momentum comes from, not just thinking about it, but doing something about it.
So let's summarize. If you've got an idea, start with these questions. What problem am I solving? Every
great business starts by solving something real. If people don't care about the problem, they won't care
about your product. Next, how big is the opportunity? Make sure there's a real audience out there and
right-size your ambition around what you're doing and the audience that is out there for it. Then,
ask, is this worth my own time and energy? Starting something new takes everything you've got. So make sure it
ties back to your wire, that deeper reason that keeps you going. And lastly, question,
what makes my solution different? Your difference is your power, whether it's your story,
your values or your design, own what sets you apart. At the end of the day, that's how great ideas
become great businesses by solving something real for people who need it in a way that only you can.
Answer those and then take action, because the truth is, no one can answer those questions
better than the market itself.
So my challenge to you is this.
If you've been sitting on that spark,
take the leap.
Don't just dream about it.
The prizes only go to those who get in the race.
So you've got to do something about it.
Go to Shopify.com and start
because Shopify gives you the power
to put your idea out into the world today.
No gatekeepers, no waiting for permission,
just you, your idea and the tools to make it real.
Thank you so much for joining me
for this special mini episode of Aspire.
We'll be back soon with one more
episode about bringing your idea and your business to life. And I cannot wait to see you then.
If you're loving this podcast, be sure to click follow on your favorite listening platform.
While you're there, give us a review and a five-star rating and share an episode you loved
with a friend who'll be so grateful. Aspire with Emagreed is presented by Odyssey. I'm your host,
Emma Greed. Our executive producers are Corrine Gilliard Fisher, Derek Brown and me.
Our executive producers from Odyssey are Maddie Sprung Kaiser, Leah Reese Dennis, Asha,
and Jenna Weiss Berman.
Stephen Key is our senior producer,
sound design and engineering by Bill Shorts.
Angela Paluso is our Booker,
original music by Charles Black.
Video production by Evan Cox,
Kurt Courtney,
Andrew Steele, Carlos Delgado,
and Arnie Agassi.
Social media by Olivia Holman.
Special thanks to Brittany Smith,
Sydney Ford,
my teams at the lead company and WME.
Mora Karen,
Josephina Francis,
Hillary Schuff, Eric Donnelly, Kate Hutchinson Rose, Tim Mekyll, Sean Cherry and Lauren Vieira.
If you have questions for me, you can DM me at Aspire with Emma Greed.
Greed is spelled G-R-E-D-E, that's AspI-R-E with Emma Greed.
Or you can submit a question to me on my website, emmaGreed.me.
