Work on your business idea and understand your market.

🎯 What problem is this idea you have going to solve?
🎯 What desire will it fulfill?
🎯 What pleasure will it give?
🎯 Who needs it?
🎯 Who else will need it?
🎯 Why will people pay for it?
🎯 How do you make people pay for it? A business idea must have an economic model. If it lacks an economic model, it’s not a business idea. If people won’t pay for it, your idea won’t survive. You must work out a payment formula. You must constantly ask yourself: Where is the money?
~ Dr. Leke Alder #ThePlatform2015 #businessidea #businessideas #financialliteracy