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Business Ideas Forum
When it is okay to ditch your business idea.
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[QUOTE="btaliat, post: 230988, member: 26390"] A business idea is not meant to be dished at any time. Rather we should try to look inwards and find out what are the reasons why the idea is not working instead of giving up on the business idea. There are many reasons why business may not work out. And these are better look inwards rather than blaming it on the business idea. It is very common to discover that there are many business ideas that we wrote off and some people try the same ideas and become so lucrative. This will get to ask some questions that why? Most time, most business owners do wrong timing. When we want to start a business, timing matters. We need to know the right time to use our ace card. This will let us win easily. We need to study the consumers and detemine when they will be be most needed the products that we may want to sell. We also need to make sure we have enough capital. Some business Fail because there is no cspital enough to expand them. So we should make sure that we have enough capital that is sustainable for such a business. This will not make the business lucrative but will also make it last longer. We need to also consider competitors as well. There are things that we need to put in place to ensure we come over the competition. [/QUOTE]
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When it is okay to ditch your business idea.
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