There are various ways to evaluate your business ideas and we will highlight 7 ways below. 1. Make something people want This seems pretty obvious right? It will amaze you how many times people produce things nobody wants. Many times we think ‘people’ will want it because ‘we’ want it. The question becomes: …
Read More »15 DIFFERENCES BETWEEN A BUSINESSMAN AND AN ENTREPRENEUR: Where do you belong?
It is common now to hear the words “entrepreneur” and “businessman” being used interchangeably. A Businessman and an entrepreneur have many similarities, but the fact is that their meanings are quite different from each other. Ignorance makes many businessmen label themselves as entrepreneurs. Let’s first look at the two definitions …
Read More »THE CUSTOMER IS NOT ALWAYS RIGHT, BUT THEY DO HAVE MANY ANSWERS
The old adage “the customer is always right” is completely wrong. The reason is simple: customers lie all the time. They might lie to try and get a better price. They might tell you they’re willing to pay for things they are not. They might even tell you there are …
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