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Saturday June 18, 2022 -Many a times, great ideas or businesses come from silly and small start that many individuals ignore during their early launching stages.
From early scientific research, many entrepreneurs make blatant mistakes while trying to figure out what they can sell to the market. They spend too much time doing researches before putting things in to practice what ends up being another 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.
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 trouble since whatever you perceive as a gap may not be one to another person. This may misguide you into trying to fill a gap that is nonexistent.
Additionally, when you spend a lot of time trying to find a perfect gap and its solution, some witty risky takers could jump into the space and move you out completely.
Naturally, there may exist hundreds of gaps in hundreds of markets and therefore it may take forever to make up your mind on which one could serve your right.
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