I myself is a beginner in this area and exploring it in bits here are the initial thoughts I went through
Every time an innovator comes up with an idea, at some point he realises his product already exist in the market.Most Entrepreneurs keep facing people saying, the similar product exists in the market what makes you work on it? resulting young entrepreneurs getting stuck in the process of researching the competence, market analysis etc. Even though it is essential but definitely not something to get stuck in and ending up with the statement I can’t decide what my business should be about.It is really important to start up and learn through the process If you believe in your idea
There are two points I came across some articles I read
- Most ideas are derivative in some way or the other
- You don’t need completely original ideas to make a change or succeed in business
For example, take example of Google; it wasn’t the first search engine Take example of iPhone, it wasn’t the first smartphone But still, they succeeded in building great products and making the change in the society Also, we need to understand the difference between a product and an idea for example if bulb is a product, Philips is an idea.
It’s the idea that has to be presented in an effective way to build a better product.
I thought it would be a great idea for me to take feedback on this post from young entrepreneurs I met on collaborizm
Here are the thoughts of Narendran
Here are the thoughts of
Narendran and Sai are really hardworking young entrepreneurs, who are inspiring people by following their dream
Thank you for the feedback wish you guys all the best
Thank you for the read
–written by John Rodrigues