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Generating a solid business idea for new entrepreneur
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[QUOTE="Ramolak19, post: 330135, member: 72962"] I think a successful company idea is the result of a blend of problem-solving, creativity, and market research. to select a specific market segment or untapped opportunity that aligns well with your expertise or hobbies. Conduct thorough market research to fully understand consumer expectations, competition, and trends in order to identify any holes in the market. When you develop and refine potential business concepts, identify needs or find solutions to issues. Then think about each idea's profitability, scalability, and viability. Use focus groups, polls, or prototypes to test your idea and get input so you can determine its viability. Ultimately, create a thorough business plan that outlines your idea's objectives, tactics, and course of action for putting it into action. As you develop and clarify your business idea, make adjustments, iterate, and remain receptive to criticism. What’s you think about my opinion [/QUOTE]
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