People spend a lot of time talking about "sweet spot” or ideal customers, who are the best fit for their business.
Blog Archive | Sweet%20Spot
Successful market entry - the challenge continues
Posted on February 04, 2013
Successful market entry is a challenge, whether you are a tiny startup seeking your first market, or a more seasoned entrepreneur searching for growth. In fact history tells us that for every four attempts only one is successful. With these daunting statistics it makes sense to prepare as best you can. Taking on a new market is an issue that affects all parts of the business and poses numerous challenges - understanding the market, identifying partners, appraising the competition, recruiting suitable staff etc.