In business, it’s not the idea that leads to success. It’s the execution.
That said, not all ideas are equally viable — which is why it’s important to change how we think about “good” or “bad” product and service ideas. A product that seems ridiculous might strike a chord with consumers (remember pet rocks?). Likewise, the graveyard of failed businesses is full of seemingly great ideas that people just didn’t buy into.
So how can you tell what’ll actually work?
Today, we discuss how to determine whether your idea has an honest chance of success — based not only on the merits of the idea itself, but on the multitude of factors that go into the execution.
Your ability to win over an audience depends on so much more than whether your idea is “good” or not. Fortunately, a little groundwork can paint a pretty reliable picture of your chances. Click Play!
A lot of entrepreneurs feel overwhelmed when it comes to starting a business. When you’re ready to introduce your idea to the world, it starts with a name. Google Domains makes it simple to establish your business identity with a domain name, website, and tons of other tools to help make your business a reality. Establish your business online at domains.google/100mba and use code 100mba for 20% off a new domain purchase or transfer. Terms & Conditions apply. Visit domains.google/100mba for more details.
The Samsung Galaxy Z Fold3 5G is everything you need in a phone…and a tablet. It’s two screens in one. It’s your office, game room and movie theater. You’ll toggle between windows less and accomplish so much more. The big, beautiful display unfolds endless possibilities — and it still folds closed to fit in your pocket. It’s life-changing! Get the new Galaxy Z Fold3 5G at samsung.com. 5G connection and availability may vary; check with carrier.