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coggle differently abled alternative care image (key considerations of a…
key considerations of a good new business idea.
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Develop a powerful message
start off small and grow your business. tackle a small market segment initially
you need to understand your own skills and what skills to develop
if you are passionate about your idea it will be noticed
know your competition, know thyself
how sustainable is your venture
seek advice from outside your current environment
is it a lifestyle fit for you
market research
strategies that ensure a new idea works in the real world
seek a mentor(s)
market research:use social media platforms
be flexible
ideas need to be fluid
be focused but rational
embrace risk
patience
**the attributes that make your idea a good idea
It is a niche market'
I have found a way to improve it
I can do it better with less cost
I have fund a way to increase sustainability by combining processes
It is executable with less resources
the market share is growing exponentially in my base of clients
I am passionate about my business idea
we have a unique skill set that qualifies us