Know What A Bullseye Is.
A target market is a group of customers that you are aiming your products at. They are the people (and companies) that are most likely to buy your stuff. It makes good sense to know as much about …
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Rising Seas Lift All Boats.
The market growth rate is a measure of change, from period X to Y. It helps you to determine your possibilities by assessing your environment: Is your market getting bigger or smaller? It’s pretty tough to build sales …
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Find Your Place In The World.
A market is a zone of commerce, wherein parties exchange goods and services for consideration. The consideration is something of equivalent value, like cash. Basically a market is where you buy or sell stuff. It gets interesting when …
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Go For It, But Make Sure You Know What IT is.
Growth means expansion, increasing in size, gaining scale, maturing and getting better. Growth is good. Growth is actually great! But are your growth plans realistic and are they realistic in the timetable you’ve laid out? It’s both important …
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I Need To Write A Business Plan?!
Introducing LaunchPad ToolKit: Your guide to writing a Lean Business Plan. We know the feeling. You have a great idea for a new business, you want to get started, but you aren’t quite sure how to put it …
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Risk Taking Is Different Than Gambling.
Risk is a possibility of the loss of something valuable. It can be many things like a threat you don’t understand, uncertainty about your market or a disruption to your core business. Risk can be qualitative: your plans …
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Tick Tock. And We Don’t Mean The Song.
That’s the sound that precedes the sound of your dream project exploding. Let’s not let that happen. No plans are perfect; all come with risks. But knowing your risks certainly improves your chances of managing them. LaunchPad ToolKit …
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100 Day Plan – Sharpen Your Focus!
Now comes the really fun part: you’ve developed your plan and are ready to get started. There are a million things running around in your head about customers, operations, staffing and numbers. You are busy laying out the …
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Q: If You Are Driving And You Are Lost, What Do Yo...
Far better alternatives would be to use your GPS, or a map, or ask someone to give you directions. With clear directions, you will substantially increase your chances of getting where you want to go. In launching a …
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Load Your Team With All-Stars.
Building your organization can be the most fun and also the most risky part of your company’s development. You are not just hiring your team; you are building your company’s capabilities. If you put as much thought into …
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