OK, so you have a great idea and you can0t wait to sell it. This baby sells itself, doesn0t it? You may be wrong there and if you are, it will cost you dearly. Converting concepts to successful money making businesses is not easy and requires the following steps.
Viability:0
To put an idea into execution, you need to check on its viability. It may sound really good in theory but not work when put into action. There have been great ideas that have not planned out, simply due to a lack of utility or the lack of a market for the product or service. Make sure that you ask your mentor, or other industry experts for advice. This can be a bit tricky if you don0t want to give your idea away. Alternatively, try to find some small way of testing it out. Another separate and equally important aspect is to decide whether your product or service has an online market. Ask yourself whether people go online looking for your offering and whether these people would buy this offering online. This will help to establish the online viability of your concept.
USP:0
Remember that people are looking for value in your product or […]

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