Business -We learn from mistakes and so is the life of any entrepreneur. With such mistakes sometimes open silly, great ideas or and business breed.
Earlier research have it that many entrepreneurs make blatant mistakes while trying to figure out what they can perfectly and quickly sell to the market not knowing that some markets need to be triggered through activation process.
Some businessmen therefore spend too much time doing researches before putting things in to practice what ends up into time wasted.
The best way of doing or starting a business is by looking at what other serial entrepreneurs do right and what they did wrong. Read books and articles about their lives and you will be surprised at the outcome.
Now that said, the first mistake most entrepreneurs make, is trying to search for market gaps. Well this is a cool formal way of doing things but not practically viable.
Spending nights and days forcing market gaps in your mind might end up landing you in more trouble since whatever you might perceive as a gap may not be one to another person. This may misguide you into trying to fill a gap that is not there; simply call it a non-existent gap.
Additionally, when you spend a lot of time trying to find a perfect gap and its solution, some witty risky takers out there could jump into the space and mute you instantly.
Remember that naturally, there may exist hundreds of gaps in hundreds of markets and it may take you forever to confront the common risk of “paralysis analysis”.
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