5/2/17

The art of chance: Turning low cost ideas into profitable business

A good idea tend to appear when you are working hard on something else. The most important thing is that you really need to work hard, to be passionate about something in order to cope with the difficulties and to be open to copy and learn from the best. Mind that business creativity is often overrated. We mean, creativity is key for some kind of tech ventures but you will also find lots of successful and sustainable business that do not start with a killer idea but with an efficient implementation that puts clients at the center.
Look around and see what other sucessful businesses are doing to truly satisfy the society and ask yourself if you could adapt it or modify it for your business and your skills set.

At that point, there are a couple of big reasons why you should hire a consultant to do a feasibilty study:

- To get a rapid formal pre-evaluation of the business idea or otherwise to prove that the idea does not sound reasonable saving your money and your time.

- To clean and simplify your main business idea and to generate alternative ideas to compare and pivot.

Good luck!


1 comment:


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