A few things to know before you start a business

Now everyone wants to start a business, all want to get rich overnight, regardless of the purpose, but before the real business, have seriously thought about the following a few things? (listened to the lecture of Director Gene Bond, excerpt from his slides)

1. A very Big problem

The purpose of entrepreneurship is to solve a big problem. What question is big, what question is small, the beholder, benevolent see, but the following 3rd and 4th can help us to screen.

2. Great solution covering all angles

Your solution is exhaustive

3. Investor

Have investors

4. Buyer that actually have money

Customers are willing to pay to buy

5. Proper Sales Channel & Brand

Reasonable sales channels and a good brand

6. Patentable Market Opportunity

Seize the opportunity to apply for a patent

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A few things to know before you start a business