6 Signs You've Identified A Game-Changing Business Idea

  • 📰 Forbes
  • ⏱ Reading Time:
  • 57 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 53%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

6 signs you've identified a game-changing business idea:

. The advice they all had to share was extremely helpful for anyone looking to identify and capitalize on the opportunities they come upon.“The biggest mistake that people do is they sit quietly and try to come up with a lot of different ideas,” shares Feld.

Especially if you’ve worked in a particular industry for a while, you’re going to be one of the best possible test audiences for an idea. Strive to answer questions like:How could your job be done easier, better, faster or more efficiently?3. You Have An Unrefined IdeaMost often, it’s in making something that already exists better, more convenient or more efficient. Wiivv is a great example of a company that did that.

Trainavicius agrees. “If you go for too large of a market when you start, you’ll probably shoot yourself in the foot. What we did was go after a small market that we knew would love our product. Once we had a few on board, they talked to other people—and since they already loved it, we started generating a lot of positive word of mouth. In small niches, if your idea is good, there’s incredible opportunity in word of mouth.

Is your advantage in your knowledge? Your expertise and experience? What about your network? Maybe you've developed technology other people can’t get their hands on, or understand how to replicate. Or perhaps you just have more funding to outspend the competitors.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Because of US gold is on Fire 🔥

Bulbe developer

Developer

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 394. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks are now offering the best selling opportunity in 10 years, thanks to the Fed'If you are arguing that rate cuts are good for stocks, you’re willfully ignoring this...' -- northmantrader NorthmanTrader Outstanding article! Investors, take heed! NorthmanTrader NorthmanTrader But trump the con man said don’t sell until 2020 december though? 😂
Source: MarketWatch - 🏆 3. / 97 Read more »