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To Find Your Next Great Business Idea, Narrow Your Focus

To Find Your Next Great Business Idea, Narrow Your Focus | Competitive Edge | Scoop.it
A winning business opportunity often isn't obvious at first. Successful entrepreneurs can identify new niches and whether they can be profitable.

When you’re just starting out in business, narrowing your target market can be difficult for fear you’ll be excluding part of your potential customer base.

But if you can clearly define a market and its needs upfront, you can tailor your product or service offerings narrowly to meet that demand and quickly gain more wallet share than your competitors.

To read the full article, click on the title or image.



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Via THE *OFFICIAL ANDREASCY*
Marc Kneepkens's insight:

Good idea: narrow down and find a new niche. This article is illustrated with some great examples. 

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THE *OFFICIAL ANDREASCY*'s curator insight, June 16, 2014 8:28 AM

Companies with focus grow precisely because their niche is so distinctive.

Competitive Edge
Creating your Unique Value Proposition to gain your Competitive Edge.
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5 Actionable Ways to Reduce Running Cost of a Startup

5 Actionable Ways to Reduce Running Cost of a Startup | Competitive Edge | Scoop.it
Countless startups come up on a daily basis, but only 4% get success. Use these tips to reduce startup costs to a bare minimum.

Read more: click image or title.

 

 

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Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!

Marc Kneepkens's insight:

Definitely good points to consider for your #startup

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34 Most Disruptive Technologies of the Next Decade

34 Most Disruptive Technologies of the Next Decade | Competitive Edge | Scoop.it

Smart dust? 4-D printing? Gartner's annual hype cycle report offers insight into new directions in technology.

 

Research firm Gartner released its annual report this week on hype in technology, sharing which technologies are up-and-coming, which are at peak hype, and which have moved well into mainstream territory.

You probably won't be surprised to learn that machine learning is riding the highest crest of the "peak of inflated expectations" wave. You might be surprised, though, by the technologies coming up behind it. Read more: click image or title.

 

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Via Tony Shan
Marc Kneepkens's insight:

Mind boggling...

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8 Ways I've Coped with Failure in My Life

8 Ways I've Coped with Failure in My Life | Competitive Edge | Scoop.it
You will fail over and over and over. It's getting back up that makes you the person you are.

Several years back I had purchased Organize.com, a thriving ecommerce company with millions in monthly sales. I came into this company thinking I was the bomb.com. Little did I know, 6 months later due to unforeseen events, we were out of business. I felt like my world was going to end. I was 4 months newly married and everything I had worked for in my life was gone.

Guess what helped me get past all the pain?  Coping with failure. You've probably heard that message before. And, while there's a lot of truth to that, it still doesn't change the fact failure is one of the hardest experiences you'll have to overcome in your life.

In this post I'll teach you 8 techniques I've used in my life to help me cope with failure. Read more: click image or title.

 

 

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Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!

Marc Kneepkens's insight:

#Failure can be managed and turned around. Excellent article.

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To Achieve Your Goals You Must Become Attractive On the Inside

To Achieve Your Goals You Must Become Attractive On the Inside | Competitive Edge | Scoop.it
Your success is always parallel to your level of personal development. Thankfully, we can always grow.

Half of this year is gone. Have you reached 50 percent of your goals? 

If one of your goals is to be successful -- in any area of your life or career -- before 2016 comes to an end, the one thing you must to do is to become an attractive person. I'm not talking about external attractiveness, but rather the internal kind. As the late motivational speaker Jim Rohn once said, “Success is something you attract by the person you become.” 

If you want success and all that it brings, you have to become a better, more attractive person. Period. “Your level of success will rarely exceed your level of personal development,” Rohn once said. The personal development he referred to can be knowledge, experience, mindset or beliefs.

You become attractive by developing yourself into the person you know you need to be in order to attract, create and sustain the level of success you want in your life. Well, how in the world do you do that? I'm glad you asked. To read more: click image or title.

 

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Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!

Marc Kneepkens's insight:

Excellent article. Understand this and you have found the way to success.

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How to Say No to Annoying Things in Life | Reader's Digest

How to Say No to Annoying Things in Life | Reader's Digest | Competitive Edge | Scoop.it
From school bake sales to unwanted projects at work, here's how to keep your "no" short and sweet.

This one is genius. He’s asking the favor, but you thank him for thinking of you as you firmly close the door. It works with just about any kind of request, and the asker rarely knows how to respond—hence, no push back! Read more: click image or title.

 

 

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Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!

Marc Kneepkens's insight:

Saying 'no' can be hard, here are some great phrases to do it nicely.

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Billionaire Richard Branson says a key to his success is a habit anyone can form

Billionaire Richard Branson says a key to his success is a habit anyone can form | Competitive Edge | Scoop.it

Self-made billionaire Richard Branson has a surprisingly simple productivity trick.

Between overseeing hundreds of companies, working out each morning, and even designing elaborate pranks, self-made billionaire and Virgin Group founder Richard Branson packs a lot into each day.

 

It turns out, the key to his productivity is a habit anyone can adopt:punctuality.

"If you want to be more productive, then start at the start: get there on time,"he wrote in a recent post on Virgin's website. "Whether it is a meeting, a flight, an appointment or a date, it's important to ensure you are there when you say you will be there. This may feel like an old-fashioned tip to give, but it has served me well for five decades in business." Read more: click image or title.

 

 

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Via Enzo Calamo
Marc Kneepkens's insight:

Totally agree. #Punctuality is about managing your time well. If you can't do that you'll never succeed as an #entrepreneur.

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Things to Do Before Starting a Small Business

Things to Do Before Starting a Small Business | Competitive Edge | Scoop.it

The idea of starting a small business can be very intimidating. The pressures and pitfalls loom large, making one wonder if it is worth the effort. But with zeal, planning, and diligence you can deal with, if not avoid most of these pitfalls. The key here is a good foundation. So, without further ado, here are a few steps that will help you start your small business with every chance of success. Read more" click image or title.

 

 

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Via TechinBiz
Marc Kneepkens's insight:

Here are some basics to look at before starting a #business.

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Marc Kneepkens's curator insight, August 3, 8:45 AM

Start with a simple #businessplan and make the foundation for good business practices.

Grimel's curator insight, August 3, 4:18 PM

Mi empresa, que considerar antes de un emprendimiento.

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3 Ways to Catapult Your Business Success

3 Ways to Catapult Your Business Success | Competitive Edge | Scoop.it
Whatever business you think you are in, you are really in the people business.

Something that has always deeply fascinated me is learning about the journey that has helped in the development of a majorly successful company get to where they are now. I absolutely love hearing about all of the strategies and tactics that have drastically helped in their growth as an organization, but also all of the obstacles that they had to overcome along the way.

The one thing that I have learned over the years having the great fortune of sitting down with executives from major organizations as well as successful startup founders is that there is a learning opportunity within their success for all of us to benefit from regardless of what industry one is in. Read more: click image or title.

 

 

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Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!

Marc Kneepkens's insight:

About #niche, #culture and #relationships in business.

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10 Reasons You Don’t Have an Amazing Life (And How to Fix Them)

10 Reasons You Don’t Have an Amazing Life (And How to Fix Them) | Competitive Edge | Scoop.it
Wondering why your life seems blah? Most likely it's one of these reasons. Lucky for you it's never too late to fix them.

Who doesn't want their life to be amazing? No one really wants to live a life of blah mediocrity. But stuff just gets in the way. Life happens. Maybe you think you don't have control. Maybe you think it's too late to change your path. Hogwash.

Patrick Sweeney is a guy who has always focused on building an amazing life. At any sign of mediocrity, he would reinvent himself. He started three tech companies, raised millions of dollars with them but always felt "at war" with venture capitalists and eventually sold them for millions. He then had to overcome a rare form of leukemia, making him realize that he had to seize control of his life and live with gratitude and appreciation in the moment and doing what he loves most--adventuring. Read more: click image or title.

 

 

FREE Business Plan Template here: http://bit.l/1aKy7km

Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!

 

Marc Kneepkens's insight:

Are you happy about your #life? How is your #bucketlist? Getting anywhere? Good weekend read.

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How This Entrepreneur Is Turning a Profit in Developing Countries

How This Entrepreneur Is Turning a Profit in Developing Countries | Competitive Edge | Scoop.it
Sam Goldman used his imagination and business acumen to supply a critical product to 100 million consumers.

In The Business of Good, serial and social entrepreneur Jason Haber intertwines case studies and anecdotes that show how social entrepreneurship is creating jobs, growing the economy, and ultimately changing the world. In this edited excerpt, Haber tells the story of one entrepreneur who figured out how to help the developing world while creating a profitable business for himself and his partner.

No matter the sector, business opportunities are now ripe in the Base of the Pyramid (BoP) -- the largest and poorest worldwide population. The only question is who will harvest them. D.light cofounder Sam Goldman intends for it to shine on 100 million people by the start of the next decade.  Read more: click image or title.

 

 

FREE Business Plan Template here: http://bit.l/1aKy7km

Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!


Via ventureLAB
Marc Kneepkens's insight:

A dream for an #entrepreneur: finding a great product to help millions of people.

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Pokémon Go is doing what few apps can – driving real-world traffic

Pokémon Go is doing what few apps can – driving real-world traffic | Competitive Edge | Scoop.it

If you were looking for a rare Pokémon and encountered the sign above, what would you do? Because I’d pay up to get whatever pocket monster was lurking within.

Ingress and Nintendo don’t seem to have made paid in-game locations a part of Pokémon Go’s business model right now (for that, look to in-app purchases), but the ability the app has to drive real-world foot traffic to locations is undeniable. The example above was posted to NeoGAF forums, but others abound, and some businesses are going the other way and using their Poké-presence to encourage folks to come inside. Read more: click image or title.

 

 

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Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!

Marc Kneepkens's insight:

#Pokémon Go is stimulating local business. What is the potential?

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Simone Hentze-Orlikowski's curator insight, July 20, 10:31 AM
Werden Sie Unternehmer - und stellen Sie sich diese 7 Fragen für Ihr Network Marketing Geschäft!
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20 Easy Ways to Be a Great Communicator

20 Easy Ways to Be a Great Communicator | Competitive Edge | Scoop.it

This infographic provides the basic rules for connecting with your employees, customers and coworkers.

I'm often surprised at how many people--even dedicated entrepreneurs--can be clueless when communicating with others.

I recently received an excellent infographic from the loan provider NetCredit and Neomam Studios explaining the basic skills that everyone needs.

The entire infographic (along with the sources) is posted on the NetCredit site I've provided main points below, along with my personal commentary. Read more: click image or title.

 

 

FREE Business Plan Template here: http://bit.l/1aKy7km

Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!

Marc Kneepkens's insight:

Simple rules for becoming a better #communicator

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An open letter from technology sector leaders on Donald Trump’s candidacy for President — NewCo Shift

An open letter from technology sector leaders on Donald Trump’s candidacy for President — NewCo Shift | Competitive Edge | Scoop.it

We are inventors, entrepreneurs, engineers, investors, researchers, and business leaders working in the technology sector. We are proud that American innovation is the envy of the world, a source of widely-shared prosperity, and a hallmark of our global leadership.

We believe in an inclusive country that fosters opportunity, creativity and a level playing field. Donald Trump does not. He campaigns on anger, bigotry, fear of new ideas and new people, and a fundamental belief that America is weak and in decline. We have listened to Donald Trump over the past year and we have concluded: Trump would be a disaster for innovation. His vision stands against the open exchange of ideas, free movement of people, and productive engagement with the outside world that is critical to our economy — and that provide the foundation for innovation and growth.

Let’s start with the human talent that drives innovation forward. We believe that America’s diversity is our strength. Great ideas come from all parts of society, and we should champion that broad-based creative potential. We also believe that progressive immigration policies help us attract and retain some of the brightest minds on earth — scientists, entrepreneurs, and creators. In fact, 40% of Fortune 500 companies were founded by immigrants or their children. Donald Trump, meanwhile, traffics in ethnic and racial stereotypes, repeatedly insults women, and is openly hostile to immigration. He has promised a wall, mass deportations, and profiling.

We also believe in the free and open exchange of ideas, including over the Internet, as a seed from which innovation springs. Donald Trump proposes “shutting down” parts of the Internet as a security strategy — demonstrating both poor judgment and ignorance about how technology works. His penchant to censor extends to revoking press credentials and threatening to punish media platforms that criticize him.

Finally, we believe that government plays an important role in the technology economy by investing in infrastructure, education and scientific research. Donald Trump articulates few policies beyond erratic and contradictory pronouncements. His reckless disregard for our legal and political institutions threatens to upend what attracts companies to start and scale in America. He risks distorting markets, reducing exports, and slowing job creation.

We stand against Donald Trump’s divisive candidacy and want a candidate who embraces the ideals that built America’s technology industry: freedom of expression, openness to newcomers, equality of opportunity , public investments in research and infrastructure, and respect for the rule of law.We embrace an optimistic vision for a more inclusive country, where American innovation continues to fuel opportunity, prosperity and leadership.

To see the names of the people who signed this letter, click image or title.

 

 

 

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Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!

 

Marc Kneepkens's insight:

Totally agree.

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The White House is planning to let more foreign entrepreneurs work in the U.S.

The White House is planning to let more foreign entrepreneurs work in the U.S. | Competitive Edge | Scoop.it
The move, which won’t require congressional approval, allows people to stay up to five years, provided their startup has significant U.S. investment.

It could soon get a lot easier for foreigners to come to the U.S. to grow their startup.

After failing to get Congress to pass a “startup visa” as part of broad immigration reform, the Obama administration is moving ahead with an alternative that would allow overseas entrepreneurs to live in the U.S. for up to five years to help build a company. Read more: click image or title

 

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Marc Kneepkens's insight:

New options for #entrepreneurs.

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Memo To Donald Trump And Ryan Lochte: Here’s How To Give A Proper Apology

Memo To Donald Trump And Ryan Lochte: Here’s How To Give A Proper Apology | Competitive Edge | Scoop.it

Never ruin an apology with an excuse." – Ben Franklin

In less than 24 hours, two of the biggest stories in the world involved some kind of "apology" for offensive behavior and/or lying. Last night in Charlotte, North Carolina, the notoriously unrepentant Donald Trump shocked observers by expressing "regret" for words that "may have caused personal pain." And this morning Ryan Lochte issued a widely criticized apology for "not being more careful" with how he described an incident in which he lied about being held up at gunpoint in Rio de Janeiro.

Neither of them qualified as a true apology since they both offered an excuse for their behavior, failed to give a detailed account of what happened, failed to acknowledge or specify the hurt and damage they’d caused, and didn't take responsibility for the situation.

A proper apology is "an exercise in honesty, accountability, and compassion," says interfaith minister Lauren Bloom, the author of The Art of the Apology. Of course, it's difficult and nerve-wracking and fraught with tension. But it's the right thing to do. So above all, be sincere: "It's the essence of an apology."...

Read more: click image or title.

 

 

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Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!


Via Jeff Domansky
Marc Kneepkens's insight:

How to properly #apologize. Great article.

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Jeff Domansky's curator insight, August 20, 9:01 PM

Trump and Lochte both like gold, have both lied and have each offered inadequate apologies. The verdict? PR fail!

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How to Make a Proposal That Seals the Deal

How to Make a Proposal That Seals the Deal | Competitive Edge | Scoop.it

The almighty proposal (or estimate) can be one of the most stressful and time-consuming chores of running your business. Yet it’s a necessary evil: Proposals seal the deal.

 

A well-constructed proposal will manage a client’s expectations, give you an opportunity to present your fee without having an awkward conversation, and serve as an official agreement in the relationship (however, it doesn’t replace a contract). In other words, it’s a sales tool that will win you business

Here are four steps to crafting a killer proposal. Read more: click image or title.

 

 

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Via Deb Bailey
Marc Kneepkens's insight:

Improve your #proposals.

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7 Brain Hacks to Improve Your Focus at Work

7 Brain Hacks to Improve Your Focus at Work | Competitive Edge | Scoop.it
Mastering your focus is not an easy task. We did not evolve to cope with the massive number of distractions that we face in our daily lives. However, by making sure that you are properly fueling and stimulating your brain and eliminating distractions wherever possible, you will be able to master your brain and increase your focus.

Your ability to focus on a task until it is complete is one of the greatest indicators of your future success.

All millionaires and billionaires have mastered the art of single focusing on one thing until completion before they move onto the next task.

However, we live in a world that is full of distractions and notifications that are constantly vying for your attention.

Your brain is simply not equipped to deal with the massive number of ‘shiny objects’ that are perpetually trying to disrupt your focus.

Learning to become the master of your brain instead of its slave is no easy task.

But, with a few simple hacks, you can quickly take charge of your mind and develop laser-like focus. Read more: click image or title.

 

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Via massimo facchinetti
Marc Kneepkens's insight:

Totally agree with Neil on all of these points. Great article.

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Marc Kneepkens's curator insight, August 14, 2:42 PM

Excellent points, totally agree.

Danielle A. Harrison's curator insight, August 14, 3:44 PM
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4 Mindset Changes Successful People Adopt For Unprecedented Success

4 Mindset Changes Successful People Adopt For Unprecedented Success | Competitive Edge | Scoop.it

Successful people adopt certain mindset changes that help them achieve unprecedented success.

Nowhere today is this more apparent than in the business world. New technologies are launched daily, business models have changed and continue to change, lean startup thinking has proliferated and the traditional business plan is not what it used to be. Who wants to read a 40-page business plan nowadays? I sure don’t.

Change often stems from external factors; things or events that are outside our control. And many people spend an unnecessary amount of time and energy focusing on them. Successful people accept that change has and will continue to happen for eternity. They adopt certain mindset changes, that makes them different and have helped, and continue to help them achieve unprecedented success. Here are four! Read more: click image or title.

 

 

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Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!

 


Via Rami Kantari, massimo facchinetti
Marc Kneepkens's insight:

“Change is the only constant in life.”Heraclitus, Greek Philosopher.

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12 Habits of Genuine People

12 Habits of Genuine People | Competitive Edge | Scoop.it

Genuine people have a profound impact on everyone they encounter. Discover the unique habits that cause them to radiate energy and confidence.

There's an enormous amount of research suggesting that emotional intelligence (EQ) is critical to your performance at work. TalentSmart has tested the EQ of more than a million people and found that it explains 58 percent of success in all types of jobs.

People with high EQs make $29,000 more annually than people with low EQs. Ninety percent of top performers have high EQs, and a single-point increase in your EQ adds $1,300 to your salary. I could go on and on.

Suffice it to say, emotional intelligence is a way to focus your energy with tremendous results.

But there's a catch. Emotional intelligence won't do a thing for you if you aren't genuine.

A recent study from the Foster School of Business at the University of Washington found that people don't accept demonstrations of emotional intelligence at face value. They're too skeptical for that. They don't just want to see signs of emotional intelligence. They also want to know that it's genuine--that your emotions are authentic. Read more: click image or title.

 

 

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Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!


Via midmarketplace
Marc Kneepkens's insight:

People sense immediately if someone is real or fake. Being #genuine is about being who you are and showing respect for others.

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6 Unexpected Techniques to Increase Your Focus

6 Unexpected Techniques to Increase Your Focus | Competitive Edge | Scoop.it
Unusual but effective ways to fight back if tech has destroyed your capacity to concentrate.

It's the quintessential problem of the modern world -- too much information has fried our brains. With constant pings and push notifications coming at us day and night, it's hard not only to decide what to concentrate on, but even to sustain focus once you decide where to turn your attention.

And because pretty much everyone living in the modern world suffers from this problem, there's no shortage of solutions on offer. Meditation is one extremely popular prescription. Others suggest various forms of "digital detox" or "digital sabbath" to refresh your brain.

But you've already heard of these solutions. If they were going to work for you, you'd probably already have implemented them. Maybe you need something different. If so, a handful of recent posts on boosting concentration are for you. They offer a handful of offbeat (if not sometimes outright wacky-sounding) suggestions for improving focus that you can try if the usual prescriptions haven't yet cured you. Read more: click image or title.

 

 

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Via Jean-Pierre Blanger
Marc Kneepkens's insight:

#Focus is of prime importance for many reasons: the health and optimal functioning of your brain, success in business, winning in sports and much more.

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21 ways to negotiate the salary you want

21 ways to negotiate the salary you want | Competitive Edge | Scoop.it

Always counteroffer, but don't do it more than once.

Negotiating your salary can be awkward and challenging — and actually getting the pay you want often seems impossible.

But it isn't.

"A job interview can be stressful, especially when it comes time to talk about money," says etiquette expert and "Poised for Success" author Jacqueline Whitmore. "However, you can get what you want and deserve — most job seekers just aren't sure when and how to ask for it."

To master the delicate dance that is a salary negotiation, you need to be able to push without offending the hiring manager or undercutting yourself. 

Here's how the pros do it:

Read more: click image or title.

 

 

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Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!


Via Enzo Calamo
Marc Kneepkens's insight:

This article is worth a lot. It teaches you a lot about #negotiation.

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Seven Tips For Starting A Tech Company Without Venture Capital

Seven Tips For Starting A Tech Company Without Venture Capital | Competitive Edge | Scoop.it
Just because you haven't raised a round doesn't mean you can't bootstrap a thriving business.

When starting a tech company, it can be tempting to make venture capital a priority, but finding it shouldn’t be what drives your business decisions. I knew I wanted to bootstrap my business, BuySellAds, so that I could follow my own goals. By following these next few tips, I was able to achieve success for my business without raising VC money. Here’s how you can too. Read more: click image or title.

 

FREE Business Plan Template here: http://bit.l/1aKy7km

Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!

Marc Kneepkens's insight:

Making the right choices when creating your #tech #startup.

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3 key business lessons from Facebook's Mark Zuckerberg

3 key business lessons from Facebook's Mark Zuckerberg | Competitive Edge | Scoop.it

The 32-year-old billionaire shares his secrets on how to turn start-ups and breakthrough ideas into thriving businesses.

About 10 years ago, in room H33 of Harvard University's Kirkland House, one 19-year-old launched "thefacebook.com." Today that 19-year-old is 32 years old and sits at the helm of a $340 billion social networking empire.

 

Facebook's ability to give every private citizen a public identity revolutionized the way we share our lives and raise awareness about our ideas. It created a breeding ground for entrepreneurs like Evan Spiegel, the Snapchat founder and CEO, who is worth upward of $2.1 billion at the young age of 26.

From Zuckerberg we learned that goals deemed unachievable — like bringing back the nostalgia of Pokemon in an app that shattered the social sphere — thrive within the tech ecosystem. Today the Apple App Store, home to many of these popular platforms, grows by more than 1,000 apps every day, according to the International Business Times.

So what's the by-product of all this noise? A community of new age entrepreneurs who are rapidly swiping left or right and filtering photos to grow their business. But before they began hashtagging, many of these self-made social media mogul's were just trying to learn the tools of the trade from leaders like Zuckerberg, who turned Silicon Valley and everything that came out of it on its head. Here are three relevant tips he gives to all new age entrepreneurs looking to disturb this racket even further: Read more: click image or title.

 

 

FREE Business Plan Template here: http://bit.l/1aKy7km

Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!


Via Enzo Calamo
Marc Kneepkens's insight:

Excellent, he even writes one of these on all of the inner walls of the

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4 Ways to Decide Whether You Should Pursue Your Startup Idea

4 Ways to Decide Whether You Should Pursue Your Startup Idea | Competitive Edge | Scoop.it

Is your brilliant startup idea really that brilliant? Test it, and find out for sure.

It’s tough being an entrepreneur. Sometimes we’re struck with brilliant startup and product ideas during romantic dinners and sometimes the brilliant idea we scribbled on our girlfriend’s napkin isn’t so brilliant after all. If you’re an entrepreneur, you probably think of dozens of near-excellent ideas daily - in the shower, in the car, in the office -- constantly wondering if someone’s already developed an app for your very unique idea.

If someone didn’t, it’s probably not long before your excitement gets the best of you, and you find yourself already drafting your next startup’s mission statement in your head. But in a few months, you might stop and realize that you rushed into a startup that doesn’t have an explicit market need.

Unfortunately, this happens a bit too often. Or, to be exact, it happens 42 percent of the time. In this post, you'll learn four ways to test your startup idea before you ask your brother-in-law for that loan. Read more: click image or title.

 

 

FREE Business Plan Template here: http://bit.l/1aKy7km

Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!


Via Pantelis Chiotellis
Marc Kneepkens's insight:

Before committing, #test your #startup in a few different ways.

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6 Brilliant Ways to Stop Thinking About Work When You Get Home

6 Brilliant Ways to Stop Thinking About Work When You Get Home | Competitive Edge | Scoop.it

The time we spend at home is absolutely precious and there’s no greater shame than when we head back to our loved ones after a full day in the office only to continue thinking about every decision we made during the day, every interaction we had with colleagues and what’s to come tomorrow.

When you get home from work, the office should be the last thing on your mind. Scrap that – it shouldn’t be on your mind whatsoever.

But that is far easier said than done, and in this post, I’ve got 6 tips I rely on day-in, day-out to stop myself from thinking about work when I should be enjoying time with those closest to me.


Read more at http://www.business2community.com/strategy/6-brilliant-ways-stop-thinking-work-get-home-01594764#KCfhsLM8B66yvFPw.99
 

 

FREE Business Plan Template here: http://bit.l/1aKy7km

Dave...I downloaded your business plan template...It is great!!!...My tax consultants say your plan is amazing. Thanks Dave!!!

 


Via massimo facchinetti
Marc Kneepkens's insight:

Don't be a hostage to your work life.

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