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by anujkk
5615 days ago
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An idea in itself doesn't worth much even if it is a great idea. What matters more for you is to determine how you can contribute in the successful implementation of idea and then look for others who can compliment to your skills. Ask these questions to yourself - 1. Is my idea really good? - Is my taget market new or underserved?
- Why will customers use my solution - is it cheaper? is it better than existing ones?
- Is there really any demand of my solution ?
- Is my idea feasible? Do I have the capital, skills, man power, etc to implement it or can arrange it somehow?
- Is my idea profitable?
2. How can I contribute in implementing my idea? - I can write code. (Try learning if you don't know programming. It will help you in long term. )
- I can design my web application.(Try learning if you don't know.)
- I can do marketing. I can get a first few clients/users and then keep bringing more.
- I can handle finance. I can provide/raise money to successfully run the business till it becomes profitable enough.
- I am good and experienced in management. I can fit in the role of CEO.
If you are unable to contribute to the business in any way then you aren't yet ready to startup. Make yourself ready. Learn the skills required.If you can do some of these but can't just program, you need to write a good business plan, develop a prototype(paper or html), and look for a good technical cofounder(its better if he is in your friend circle). |
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