It’s time to do
some research. This will give you
confidence there’s a market for your
idea, and get you closer to the
competition.
Business
sense
Once you’ve come up with your idea,
you’ll want to know that it makes good
business sense. Do some research to find
out:
- How big is the market?
- Who is currently serving this market? (and how well are they doing?)
- Is the market changing?
- How much can I charge?
You can do pretty much all of this research online by visiting forums, competitor websites and community portals.
Doing so will give you a better picture of your place in the market and how to fashion your idea so it’s received with rapturous applause.