KNOW IF YOUR BUSINESS IDEA IS WORTH PURSUING

An idea is just the start. It is the very early beginning of a product or service, and the idea stage is a long, long, long way from a successful business.

Things you must consider before executing your idea;

➡️ Will this business support the lifestyle I want? 

➡️ Is here proven demand for the product I am going to sell? 

➡️ Is there a clear value proposition that will make my product unique in the marketplace? 

➡️ Is there a clear way to market and sell my product or service through existing channels?

Create a Minimum Viable Product. The very best way to find out if your idea is worth pursuing is to create a minimum viable product;

1. Try it Out.

2. Seek Feedback Regularly.

3. Access the Level of Passion in Responses.

4. Be Excited in the Early Stages.

5. Market research can also help you choose the best geographic location in which to launch your new business.