Ask the Dragon: Three important pieces of advice by Baybars Altuntas, a Business Angel and Founder of Deulcom International: …You need to start with a business model, and then make a business plan. The first step in developing a business model is to determine whether there is indeed a need for the service or product you want to sell… …You are asking me if it is going to work or not! Trying to assess what other people think about your business idea is a good way to find out, and soliciting the opinions of people in your immediate environment is a cost-effective and practical way of conducting [a quick] market research… … While a good business idea is important, the skills and competencies of the entrepreneur are even more critical than the business idea. A Turkish philosopher once offered a good piece of advice: ‘Look first at what is being said, and then look at who is saying it!’ … For reading more: migrantwoman/2014/07/dating-agency-wealthy-people-good-idea/
Posted on: Thu, 17 Jul 2014 03:52:44 +0000
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