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Developing a business idea which has to be a creative and strategic process has to do with identifying a market need which is being done through effective ideas that emerge from personal passions, industry knowledge, and by observing trends and as much as challenges in everyday life.
To begin with the entrepreneurs have to research the market in order to understand the customer pain points over the unmet demands, and hence through brainstorming solutions are regarded as feasible, and scalability which is key and also is essential to considering the target audience and how the business gives value to them uniquely.
Hence testing the idea that has to do with the feedback from potential customers creates a minimum viable product (MVP) which gives a valuable insights that refine and define the concept over assessing the competitive landscape which is significant to ide identifying opportunities for differentiation and with a well-developed business is is grounded in practical driven by a clear vision, build and lay a strong foundation for entrepreneurial success.
Am @kingworld-line
