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Good Idea - Coggle Diagram
Good Idea
Your idea in the real world
Supply & demand for your business idea
Competition
Be smart
Do research
Start up costs
What makes this idea a good idea?
It works
You know the market
There's a story to it
Other people will like it
Key Considerations
Competition
Know your strengths
Marketing
The idea could fail
Make sure the idea is something customers will enjoy/ use long-term
Fits consumer behavior
Solves a problem
Customers save money by using/ buying this product or service
Talk to the (target) market