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How To Effectively Check The Feasibility Of Your Startup Ideas
Many people want to be Entrepreneurs nowadays.
They idolize the freedom of working for themselves and the possibilities of becoming rich beyond a reasonable job.
They may have their own business ideas and may even have dabbled into starting a business of their own.
Yet, many are too afraid.
They are terrified of the risks, and, if they were being honest, do not know where to even start.
For those people to actually become entrepreneurs they would have to abandon the safety net of the life they lived and that is scary.
The problem is that there is no guaranteed safety in any field, but especially not when you are trying to start a business on your own.
Most businesses fail.
The ones that do make it are prone to survivorship bias very few see what it takes to be successful.
That being said, there are three things that can give you an edge:
- Look at what people spend money on and from there can already get a good idea of what they may want to purchase.
- Learning Sales helps a lot, especially because you will understand the behind-the-scenes of a successful startup (mostly that it is not…