Understanding your customer’s problems will greatly impact what business to build and how well you build it. Start a business that will solve a real problem people actually have to increase your chances of success.
Your target audience, or customer types, defines the market you want to enter. This foundation will help you prove that a market exists for your product or service and narrow the range of potential customers to the ones who are willing and able to buy your product.
Many people express fear at the prospect of asking a total stranger for help as a prospective mentor. But by asking a prospective mentor for help, you’re letting them know you admire them for what they do and that their career is in demand.
While some entrepreneurs are blessed to have a team of investors lined up around the corner or an aunt with deep pockets, not having money is no excuse. By knowing your product or service, understanding the basics for your business, and knowing where you’re headed, you can bootstrap your way to a successful business.
As you look at the 16 Ways to Sell your product or service, think of which ones you would use, and when. We’ve also created four key steps to help your marketing and sales strategy succeed.
There’s a high chance that you will need some sort of permit or approval from the federal government. At the local and state level, there may be more specific requirements for permits, like for restaurants or retail vendors.