Comments on: Rating Your Business Idea by Your Position on the Market Knowledge Scale http://www.michaeleagar.com/rating-your-business-idea-by-your-position-on-the-market-knowledge-scale/ Thu, 11 Mar 2010 16:25:32 +0000 hourly 1 http://wordpress.org/?v=3.0 By: James o Smyth http://www.michaeleagar.com/rating-your-business-idea-by-your-position-on-the-market-knowledge-scale/comment-page-1/#comment-13 James o Smyth Tue, 22 Apr 2008 22:49:59 +0000 http://www.michaeleagar.com/2008/01/16/rating-your-business-idea-by-your-position-on-the-market-knowledge-scale/#comment-13 I agree. There are many "Business People" that don't know their market. Yet these people spend exorbitant amounts of time, and sometimes capital, developing the service/product. It is so important to clearly define your customer and then sit down and talk with them face to face. You would be surprised how much there is to learn about a product/service through a customer. Things you have never even thought of will surface. This is very valuable information. Place your business idea on the scale. Find "Your Position on the Market Knowledge". You will gain confidence in the ability of your business to succeed or be rethought. I agree. There are many “Business People” that don’t know their market. Yet these people spend exorbitant amounts of time, and sometimes capital, developing the service/product.

It is so important to clearly define your customer and then sit down and talk with them face to face. You would be surprised how much there is to learn about a product/service through a customer. Things you have never even thought of will surface. This is very valuable information.

Place your business idea on the scale. Find “Your Position on the Market Knowledge”. You will gain confidence in the ability of your business to succeed or be rethought.

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