Why do research? If you’re just starting a business, or want to offer a new product or service you need market research. Market research helps you identify the pain points your customers have so you can provide the solution. A successful business exists to solve a problem or fulfill a need, it’s your job […]
How to Pick a Great Name for Your Business
You’re stressed about finding the perfect name for your business. And you can’t move on until you settle on one. Understanding some basics about business names will help you find the right name for your business. There are two parts to a business name. The name and the tagline. The name is what people recognize […]
Do You Need to Acquire New Expertise? Here Are 7 Ways to Do It Faster.
As an aspiring entrepreneur, acquiring new skills and expertise is important for business successful. You may need to become more knowledgeable in your niche, or learn some new aspect for running your company. An entrepreneur always has to keep up with the changing environment, and learning is key for that. Research shows […]
Here are 4 Ways to Find a Business Idea by Solving a Problem.
If you’re looking to start a business, finding the right idea may be your biggest challenge. Many people email me that they want to start a business, but tell me they have no idea yet. There are many ways entrepreneurs can come up with their concept.
What is the Right Revenue Model for Your Business?
Now that you’ve decided on your business idea and your product—how will you make money? A business or revenue model is simply the way the market pays your business to purchase your product or service. There are several basic models for an online business. The right one depends on you, your product, and your customer.