Business 101 Day 4

Business 101
Products and Services

Recognizing Opportunity and Creating a Product or Service. STÜSSY serves as an inspiration for young entrepreneurs, showing them that with passion, recognizing opportunities, understanding their audience, and adapting to trends, can build a strong brand.

The opportunities to start a business are only limited by your imagination. You can seek opportunities, connect with your target market, collaborate with others, and build a strong brand identity to succeed in your own entrepreneurial ventures.

How to recognize opportunities and for your product or service:

  • Stay curious and observe the world around you.
  • Identify gaps in existing products or services.
  • Explore your interests and passions.
  • Engage in brainstorming sessions to generate ideas.
  • Conduct market research to understand demand.
  • Evaluate feasibility and refine your ideas.
  • Test and validate your product or service.
  • Continuously iterate and improve based on feedback.
  • Create a strategic marketing plan and launch to your target audience.

By staying curious, identifying gaps, exploring your interests, and conducting market research, you can develop innovative products or services. Refine your ideas, test them, and continuously improve based on feedback.

  1. Choosing a Product or Service to Sell
  2. What to Sell
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