What are the most effective ways for introduction of newly created business ideas

[Stardom22]

There are so many business ideas that are being created nowadays. However most of these business ideas tend to fail and collapse for that. What is your take on that?

 

[kit_hung]

It is true that these days everyone comes up with new business ideas but many die early. The main reason is that people lack a clear plan and sufficient research. A business without a foundation is like a house without a foundation that will only collapse. Others are chasing quick profits without considering sustainability. It is a Swahili saying that haste is not good. If you take the time to learn the market and build a solid strategy, the chances of dying are greatly reduced.

 

[Stardom22]

We were told that an entrepreneur should be very creative or rather being innovative. With that being said one should have such guts to convince customers on the newly introduced businesses.

 

[kit_hung]

We were told that an entrepreneur should be very creative or rather being innovative. With that being said one should have such guts to convince customers on the newly introduced businesses.

The politics of entrepreneurship is to think differently from everyone else. Be creative like hot water.

But it is not enough to have an idea alone. You must have the courage to say it so that the customer believes it.

Provide clear evidence to see that your product is superior. The customer does not like empty words. A businessman should lead with actions.

That is the key to success in today's market.