The Entrepreneur by CreateSpace
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Description of The Entrepreneur by CreateSpace
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A recent research by Harvard Business School shows that 75 percent of new businesses fail, and a variety of new items are rejected. The most significant concern psychological of most individuals is: "Why do new businesses or items fail?" Fact is that new businesses fail, not because owners do not construct exactly just what they wanted, but because they throw away as well much time, cash and initiative in preparation and building something that no one wishes to buy. When it pertains to starting a service, everybody seems to comply with one typical pattern: discover a suggestion; compose a service strategy, pitch to capitalists, built exactly what you want, and offer to the marketplace. For years business owners and item designers have actually followed this same pattern to construct exactly what they assumed customers liked; just to recognize after attempting as well hard to offer without success that no one actually wanted exactly what they built. What happens if business owners were wise to engage possible customers early in item design stage to uncover exactly what they want? What happens if they had gone out of the building to understand client s pains and construct adequate attributes to solve them rather of counting on untested service strategy assumptions? THE ENTREPRENEUR you keep in your hand is the very first part in the series of wise practices, practices, confirmed devices, concepts and approaches which Nkem Mpamah describes as Lean Culture. This book is carefully written to increase the probabilities of success of startup owners, business owners, CEOs, little service owners, item designers, and programmers that are at various phases of starting and expanding a service. THE ENTREPRENEUR referrals an extensive Lean Culture stage The Search for Market Fit, to produce a lasting successful service. In this series you will uncover how you can: Link idea to discomfort or require in the marketplace Develop hypotheses for service model Create Minimum Viable Products (MVP) Get out of the building to examination, learn and verify idea Iterate or pivot based on responses Find Product/Market Fit and launch This book offers a detailed overview that demonstrates how to get rid of waste and construct service or products customers will want to buy and pay for.