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What Should You Know about Entrepreneurship Risk

…; for many entrepreneur is seeing an opportunity that doesn’t yet exist. Ted Turner, for example, launched CNN because he perceived that people wanted more television news than they were being offered. It took a lot of patience on Turner’s part to realize the vision, but he had read the market in a way that few “experts” did at the time. In realizing the promise of CNN, Turner demonstrated another facet of the entrepreneur…

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To determine if your idea is viable, it should determine whether there is enough space on the market to compete effectively. You should also scan your idea to determine if there are opportunities that will generate a profit. Among the most common techniques to help determine if your idea is viable, the market research. It […]

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