How To Plan New Business Demographics
Planning your next business venture and stacking the odds for its success has changed. Now, it's more like a chess game! It used to be much easier. You'd come up with a new product and research the best in that space and try to capture part of that pie. Other factors are at play now. I came across this video and decided to share it as these new dynamics are discussed and an interesting historical perspective, of what made successful business ventures and what didn't, is provided! Is planning your new business launch strategies or your new business venture better armed by flying under the radar of the successful companies in your space? Is it smarter to plan an inferior product? Is satisfying a small niche better than taking a slice out of an established product?