The fat cats

Your bussiness analyst

How to start a business

Posted By on Nov 13, 2015


The characteristic of every entrepreneur is to have a good eye for a business opportunity that is fast enough and daring enough to take advantage of the recognized opportunity.

Business opportunities mainly occur in situations when people have problems to be solved or needs to satisfy. The most successful business ventures in fact offer a solution to those problems or new ways of satisfying needs. When you have a business idea, ask yourself whether it is a solution to a problem that the target group has the problem, what is the target group and whether your solution is the right answer. Also, if you do you find that a particular target group has a need for some goods or service, think about whether your idea has enough innovative, compelling, high-quality and attractive way to meet those needs.

wp31c83a58_06Of course, if you’re just looking for a business idea, it is useful to focus attention to the problems or needs have people around you, and it may already be enough to you occurred to new and creative solutions to the identified problems.

In today’s world, which had accelerated to a boiling point, people are constantly new needs and everyone on the planet has more than enough problems. People have always been willing to pay in order to meet needs and solve problems. Today, if you solve a real problem, you can become a very successful entrepreneur.

People usually know what their needs are and what they want, but the development of technology and modern ways of life opened a huge space for the creation of new needs (some would say, for the creation of new problems), to which may be based business opportunity. The best example is social networks, like Facebook or Twitter. Until ten years ago there was no one nor the other networks, but are sufficiently skilled entrepreneurs managed to hundreds of millions of people offer new value, thus creating a new need, which is completely natural.

More than a century ago, Henry Ford, the automobile entrepreneur who made part of everyday life, said that if the henry-ford1buyers of its cars wondered what they actually need, most would answer that they need faster and better carriages. He, however, dealt with cars and millions of people solved the problem of transportation they did not know it was possible, or at least they did not expect. The point is that it is necessary to solve a problem that people really have, but sometimes it may not be something you are even aware.

Entrepreneurs with a visionary, creative and innovative business ideas, change and improve the world for centuries, and often work by solving problems that people do not know that they have them or by creating new needs that people will soon become indispensable.

What is it, what does inspire and drive their skills, talents and knowledge? Do you feel that you have to offer the community and the world in which you live? Observe and explore the community and the world in which you live. Watch and inquiring what they do successful people, entrepreneurs and companies in your environment or globally.

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