12 mistakes to avoid when turning an idea into a business
TRANSCRIPT
Introduction
It’s never been easier or cheaper to build new products and
services, but being a successful innovator, entrepreneur or
intrapreneur is still incredibly tough. In this post, I share a list
of mistakes you should avoid when turning an idea into a new
business. I encourage you to share more examples in the
comments below. Let’s take a look.
1. You search for the perfect idea
Source : http://blog.strategyzer.com/posts/2015/6/25/12-mistakes-to-avoid-when-turning-an-idea-into-a-business
2. You mistake your hallucination for a vision
Source : http://blog.strategyzer.com/posts/2015/6/25/12-mistakes-to-avoid-when-turning-an-idea-into-a-business
3. You fall in love with your first idea
Source : http://blog.strategyzer.com/posts/2015/6/25/12-mistakes-to-avoid-when-turning-an-idea-into-a-business
4. You focus on product & technologies at the expense of a business model
Source : http://blog.strategyzer.com/posts/2015/6/25/12-mistakes-to-avoid-when-turning-an-idea-into-a-business
5. You lack a clear business model story
Source : http://blog.strategyzer.com/posts/2015/6/25/12-mistakes-to-avoid-when-turning-an-idea-into-a-business
6. Your obsess over competitors, not customers
Source : http://blog.strategyzer.com/posts/2015/6/25/12-mistakes-to-avoid-when-turning-an-idea-into-a-business
7. You first focus on 'can it be built' instead of 'should it be built'
If your takes a extra care about the technical challenges and beautifully-
designed products without questioning if this product will create a
substantial customer value then you’ll risk wasting energy, money and time
on your featured products which the market segment does not care about.
It is common sense, but it’s definitely not common practice.Source : http://blog.strategyzer.com/posts/2015/6/25/12-mistakes-to-avoid-when-turning-an-idea-into-a-business
8. You build what customers say they want
Source : http://blog.strategyzer.com/posts/2015/6/25/12-mistakes-to-avoid-when-turning-an-idea-into-a-business
9. Your early experiments are expensive
Source : http://blog.strategyzer.com/posts/2015/6/25/12-mistakes-to-avoid-when-turning-an-idea-into-a-business
10. You outsource the testing of your ideas
Source : http://blog.strategyzer.com/posts/2015/6/25/12-mistakes-to-avoid-when-turning-an-idea-into-a-business
11. Bad timing
Source : http://blog.strategyzer.com/posts/2015/6/25/12-mistakes-to-avoid-when-turning-an-idea-into-a-business
12. Poor Execution
Source : http://blog.strategyzer.com/posts/2015/6/25/12-mistakes-to-avoid-when-turning-an-idea-into-a-business
There are few companies which helps you to turn your idea
into a business there by you can avoid mistakes. Agriya is one
such company which is well versed in web development and
clone script development.
Who is Agriya?
Agriya is a pioneer in Clone scripts and web development. We have built more than 300 websites. We give end to end solution for building a website, from the designing to coding we take care of it. Our services extend from online business to mobile application business as well. We have developed fantastic products like
Getlancer Platform
Crowdfunding Platform
Etsy Clone
Contest Software Thumbtack Clone Booking and rental software
Groupon Clone Fiverr clone Airbnb Clone
Who is Agriya?