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Show Notes:
- Online business guide (free download!): 7 Steps To Profits! https://www.tentononline.com/7-steps-to-profits/
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Transcription:
what's needed to start a business
In business, you need 1) An audience with a pain they're willing to pay to solve, 2) A product or service that solves their pain, 3) A way to communicate to this audience (aka: marketing). And it goes in that order.
So the entire business process begins with the audience you want to serve -- so, who is it you want to work with day in and day out? "Everyone" is way too many people. Instead, decide for yourself the small group of people who share a common special interest that you want to help and serve.
Once you've figured that out, the next part is one that practically everyone skips: Market research. Here, you have to dig, research, and uncover your target audience needs. What problems do they face? What challenges, issues, and pains do they have? Once you know this, you can begin developing fixes and solutions for them.
And really, that's what products and services are -- they're solutions to problems. See, the problem most business newbies make is, they start h..