The first rule of success is to identify a need, the second is to fill that need in a cost effective way. For instance everyone wants world peace – but killing all humans to achieve it while obviously a solution is not one anyone would buy! If you find the perfect widget but the price point means that you can only make money at high volumes or high prices you’ll have to investigate whether the need for that widget will be great enough to justify your efforts in fulfilling it. Obviously we’d all enjoy selling items and working in and with fields that we enjoy – but if the best you can ever be is an ‘also ran’ at selling computers wouldn’t it make more sense to sell just certain components you can get cheaper then someone else?
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Saturday, 31 March 2007
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