How to explore new business opportunities

How to explore new business opportunities - Clearly, when you see inefficiency in the market, and you have an idea of how to correct that inefficiency, and you have the resources and capability — or at least the ability to bring together the resources and capability needed to correct that inefficiency — that could be a very interesting business idea. In addition, if you see a product or service that is being consumed in one market, that product is not available in your market, you could perhaps import that product or service, and start that business in your home country. : my experience, having visited the middle east numerous times, is that people are hesitant to start new businesses, because they think they don’t have the characteristics of what would make for a successful entrepreneur. In the first of a series of podcasts for the wharton-cert business plan competition, raffi amit, a professor of management at wharton, discusses these questions and more with knowledge@wharton.

How to Identify a Business Opportunity? | Sanjeev Bikhchandani | TEDxSRCC

Business thrives on deep customer insight. Once you find that insight, give it your all and trust yourself to make it big. Watch one ...