Keep a journal where you can record your ideas as they come. Sometimes we get breakthrough ideas while our brain is incubating as we sleep, and by the time we wake up in the morning we have lost them.
Answer to relevant QuestionsPick a business idea and research its industry and market. What did you learn? What are some creative questions you might ask about contemporary trends in this business? How could you find out? What are the differences between party and door-to-door retailing? Create your own first-pass customer base. List family members, friends, people you know from religious, fraternal, civic and school organizations, and people who provide you goods and services. Look at the list again and ...After discussing the KinderKare purchase with your banker, you decide to make a determined effort to purchase the business. To make a good decision, what information must you have, and how will you get it? Wilma, of Wilma’s Wonderful Winterwear, decided to hire two managers and divide John and Kay’s work between them. Reuel was designated to takeover when Wilma finally retired and handled most of the strategic decisions of ...
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