You can sidestep this heartache by asking yourself those three questions. How solid and thorough your answers, though, will depend on your research. The most successful business owners know the most about what they're doing. Research is the foundation for developing the know-how to create and run a thriving business. Digging up some information on trends for the next century can help substantiate your idea.
Major libraries carry both types of books.
He agreed to finance the project through payments of 2-cents for each unit sold. In the unlikely event the product demand was fewer than a million, the company would pay the remainder in bulk. One of my favorites is the president of Naimah Cosmetics. Her challenge was to get the product samples and packaging produced with no upfront money. Her creative solution was to coordinate a consortium of professionals who could benefit from being a part of her ground-floor opportunity.