Posts Tagged ‘startup business’

More publicity. Less competition. Talent waiting to be scooped up. Here’s why starting in a recessed economy may give your business a better shot. There’s no better time to start than the present, especially if people around you are more comfortable with their own list of reasons why they shouldn’t start pursuing their own business dreams right now. It only means you’ll be facing a lot less competition.

What many sales and business people fail to do is to clearly identify who their target market is. They feel that “everybody is a prospect”. Even though your product may very well be usable by “everybody” or every company, not everybody has the ability to make the buying decision.

Rule No.1: Pick a market where the competition charges money, and do it for free.
Most people looking for dates online paid hefty monthly fees for personals ads before entrepreneur Markus Frind came along. His site, Plenty of Fish, undercut the competition including Match.com. In that way, Frind was quickly able to grab market share. He’s now tops in the U.S.,…

If you’re like most of us, you are probably plauged at one time or another by the “Shiny New Thing” (SNT) bug. This particular syndrome is pretty easy to describe. There you are, minding your own business (literally) and working on your startup. Then all of a sudden, BAM! Some shiny new thing comes along and tries to distract you. You either get distracted, or you stay up nights wondering if you should have gotten distracted.