Wouldn’t it be nice to know the demands of your product before you even launch? It would save you time, money, and a lot of guesswork.
The problem is that too many entrepreneurs are stuck with data that supports building a business, but not necessarily their business. They don’t know if their solution is something people want until it hits the market. Fortunately, there’s a way to find out demand for a product before launch.
But before we get into that, let’s discuss the systems that entrepreneurs currently employ to determine if they should build a business:
Market size and trends
Amount of competitors in a geographic region
Study demographics to determine if their product will fit
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