How To Know If Your Niche Has Enough Demand To Be Profitable

Entrepreneurs-Journey.com by Yaro Starak

I created my first infoproduct way back in 1997. Intuitively I had picked a product that was in high demand by the target audience. Infopreneurs Need To Follow Demand In another post, I wrote about the link between passion and entrepreneurial success. You must learn to correctly identify desire and assess demand. Is there a way to find out if demand exists, and if there is enough desire for what you are offering your target market?

Clayton Christensen

Steve Blank

I remember the first time I read the Innovator’s Dilemma in 1997. They operated this way because their existing business models didn’t allow them to initially profit from those opportunities – so they ignored them – and continued to chase higher profitability in more-demanding segments.

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When Microsoft Threatened to Sue Us Over the Letter “E”

Steve Blank

By 1997 E.piphany was a fast growing startup with customers, revenue and something approaching a repeatable business model. 1997 was also that year that Microsoft was in the middle of the browser wars with Netscape. They demanded we change ours. Somewhere that year we decided to professionalize our logo (you should have seen the first one.)

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Why Now Is The Right Time For New Green Technology

YoungUpstarts

It took a big advance in technology combined with rising gasoline prices to prepare consumers to finally accept hybrid power, and they did so with the 1997 arrival of the Toyota Prius — more than 100 years after the first electric car. Awareness and demand for change must outweigh the comfort of familiarity. by Barry Stiles , founder and CEO of TRUEGRID Pavers.

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[Review] Out-Executing The Competition

YoungUpstarts

build Compaq Financial Services (CFS) from its inception in 1997 into a global force with over $3.7 I also find it illuminating that Rothman, even as a very busy professional in an extremely demanding capacity, makes it a point to spend as much time with his family as he possibly can (even to the extent of rescheduling appointments so he can watch his children at games or performances).

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The Longstanding Appeal Of Investing In Singapore’s Luxury Hotels

YoungUpstarts

So in a world where supply and demand is key, Singapore does certainly have the ratio pretty much right. Originally offices, and latterly a post office, in 1997 Sino Land spent S$300 million on converting it into a hotel and developing the adjacent commercial centre. Hotels have long symbolised the glamour of international travel, at the high end at least, so it’s no surprise that they are an eternally appealing prospect for investors all round the world.

Sustaining Innovation vs. Disruptive Innovation

YoungUpstarts

A sustaining innovation targets demanding, high-end customers with better performance than what was previously available. Specifically, as incumbents focus on improving their products and services for their most demanding (and usually most profitable) customers, they exceed the needs of some segments and ignore the needs of others. Incumbents, chasing higher profitability in more-demanding segments, tend not to respond vigorously.

Essay: The Role of Entrepreneurship in Economic Development

The Startup Magazine

The fact is people often suffer failures along the their path to success, and some businesses have to close, due to a lack of fund, sales decisions, or a lack of demand in the market. from 1997 to 2014. Enterprise is defined as the act of creating, innovating and setting up a business, taking financial risks expecting profits.

Entrepreneurs, Be Careful to Avoid Penny Stock Scams

The Startup Magazine

By 1997, the company’s penny stocks were valued at $4.4 Investors typically purchase these stocks because they the demand for these stocks are huge. It’s easy as an entrepreneur to want to take risks. Penny stocks are tempting for potential quick returns but are notable for scams. Read on and be aware of the common issues with this form of trading. Pump and Dump Scams. This type of scam happens all of the time.

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Servant Leadership In Action

YoungUpstarts

When I think of servant leadership I think of Pat Summitt, my basketball coach at the University of Tennessee from 1997 to 2001. She was stomping up and down the sidelines, yelling to her team, staring them down and demanding respect.

Glen McKay: From Newfoundland Fishing Boat Deckhand to Mining CEO

Hearpreneur

In 1997, McKay co-founded junior mineral resource company, Cornerstone Capital Resources Inc. It takes significant funds to get a mine up and running, and although SolGold and Cornerstone have done plenty of exploration work at Cascabel, I don’t think it will go into production until commodities demand and prices improve. Newfoundland’s Glen McKay has had a long and successful career in several industries, including construction, finance and mining.

Should Early Stage Startups Move to Austin because of Customers?

Austin Startup

Building a product around the needs of actual users is the best way to develop something that will actually create value, but also to validate demand ahead of pouring more resources into your venture. Another notable Austin-bred phenomenon is the Alamo Drafthouse — is cinema chain founded in 1997 that is famous for its food and drink service as well as maintaining proper cinema etiquette.

Sustaining Innovation vs. Disruptive Innovation

The Startup Magazine

Scholar and innovation expert Clayton Christensen explains it this way: A sustaining innovation targets demanding, high-end customers with better performance than what was previously available. Specifically, as incumbents focus on improving their products and services for their most demanding (and usually most profitable) customers, they exceed the needs of some segments and ignore the needs of others.

Who’s Your Daddy? 5 Lessons from GoDaddy

Growthink Blog

GoDaddy was created in 1997 as Jomax Technologies by Bob Parsons who had recently sold his other company, Parsons Technology Inc., Rather than demanding money for a number of different services, almost everything is optional and customers can spend as little or as much as they want. The technology age has brought with it a long list of business related success stories. There are plenty of cases where a small startup has managed to grow into a billion-dollar company.

A Conversation With John Bradberry, Author Of 6 Secrets To Startup Success (Part I)

YoungUpstarts

Since 1997, he has led an independent consulting practice focused on helping businesses of all sizes elevate performance and achieve healthy growth. Passion-trapped founders assume market demand where none exists, and they are slow to acknowledge that weak sales may signal that their idea is not viable as a business concept.

Should You Serve Fair Trade Coffee?

Up and Running

Certification began in 1997, as a concrete way to ensure that a fair trade certified (FTC) label on a product meant that a series of milestones had been met, and a socially conscious consumer could rest easy with their purchase. Because of the certification process that began in 1997, you can rest assured that some of the worst labor and environmental violations—such as unsafe working conditions—will not be happening. Meets the demand of the socially-conscious consumer.

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March 11: SXSW Innovation Awards

Austin Startup

The annual Interactive Festival awards program began in 1997 as the Texas Interactive Media Achievement Awards, and was re-named the SXSW Web Awards the following year. Due to popular demand, we offered a late entry period this season through November 18. The German marching band Meute performing at the 2018 SXSW Interactive Innovation Awards The Forrest Four-Cast: Feb 19, 2019 50 of the world’s top startups will be showcased at SXSW Pitch 2019.

The Role of Entrepreneurship in Economic Development

The Startup Magazine

The fact is people often suffer failures along the their path to success, and some businesses have to close, due to a lack of fund, sales decisions, or a lack of demand in the market. from 1997 to 2014. Enterprise is defined as the act of creating, innovating and setting up a business, taking financial risks expecting profits.

A Conversation With John Bradberry, Author Of 6 Secrets To Startup Success (Part II)

YoungUpstarts

Since 1997, he has led an independent consulting practice focused on helping businesses of all sizes elevate performance and achieve healthy growth. In fact, many of the healthiest businesses start with market demand – they identify an unmet need that customers will pay to have addressed – and then build backwards from there.

What if it’s 1996, not 1999?

Seeing Both Sides

In 1997, a Charles River Ventures fund yielded a stunning 15x return, backing such superstars as Ciena, Vignette and Flycast. The average venture capital fund raised between 1995 and 1997 returned more than 50% per year. Demand from these, now larger, economies are having a very positive effect on the US tech market. This powerful source of economic demand didn't exist 15 years ago. . ??.

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A dumb American’s perspective on investing in Southeast Asia

Hippoland

I’d be curious what other people in-region think about this (and keep in mind, I won’t be doing the investing there, Shiyan will be :) ): 1) There are opportunities galore People like to use chronological analogies, so if I had to do that here, I would put investment opportunities in SEA at around 1997. Crowded markets aren’t necessarily bad – it proves demand.

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A dumb American’s perspective on investing in Southeast Asia

Hippoland

I’d be curious what other people in-region think about this (and keep in mind, I won’t be doing the investing there, Shiyan will be :) ): 1) There are opportunities galore People like to use chronological analogies, so if I had to do that here, I would put investment opportunities in SEA at around 1997. Crowded markets aren’t necessarily bad – it proves demand.

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28 Entrepreneurs Explain Why They Started Their Business

Hearpreneur

Back in 1997, when I was a high school junior and my brother Evan was a freshman, we launched a local moving service called Meathead Movers. Working a full-time (and demanding) job, a home, school and life, in general, was no easy feat, so I chose to leave my corporate job to an academic job. Each business has a story. No matter if the business is a Goliath like Wal-Mart, or a local business owned by a couple or family, the business has roots in an idea.

The Ultimate CEO Twitter List

YoungUpstarts

FuelOnline : Fuel CEO Scott Levy has been working in social media and SEO since 1997. demandrichard : Richard Rosenblatt is the co-founder and CEO of Demand Media. CEOs: they’re just like us! Well, maybe not just like us, but many of them do something that a lot of us also enjoy: they’re on Twitter. Whether they’re streaming information about their latest developments or just photos from an afternoon baseball game, we’re seeing more CEOs on Twitter than ever before.

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17-Point Program to Have the Best Year of Your Life

Rajesh Setty

Focus on ROII: If you provide a solid return on investment for every interaction with you, you will be surely in demand. Save time and more by skipping News: I must have spent close to 200 hours watching news or reading newspapers since 1997. Happy New Year. 2013 is days away. Here is a 17-point program to make it your best year. Get paid to move the needle: Quit thinking that you need to get paid for the hours you put into anything.

37 Entrepreneurs Explain Why They Started Their Businesses

Hearpreneur

— in a class so high in demand that I had to wait several quarters to take it? Extremely-Sharp.com originally started with a few retail locations in 1997, and we quickly started the e-commerce site the next year. With the recent wave of on-demand offerings from taxi cabs to mobile dry cleaning, consumers have started to rethink the way they book and buy products and services. The unstable economy demands that you develop entrepreneurial skills.

Lies Entrepreneurs Tell Themselves « Steve Blank

Steve Blank

We need our team members to have sustainable work / life balance or risk losing them to another less demanding industry all together. As you may remember, I was lucky enough to have recieved, at your hands, the beating I so richly deserved back in 1997 while at ONETOUCH Systems. Reply YA , on June 29, 2009 at 2:00 am Said: It seems to me that American families are (used to be) very demanding.

A Glimpse: My American Dream

thebarefootvc

When I looked at my inbox this morning, I had emails from six organizations I have advised/worked with over the past couple of years (including Astia and Techstars ) announcing their partnership with the White House’s Startup America initiative. And, lest I for a moment forgot that I am living the American dream, thanks to parents who left a life that they loved to give me an even better one, it was once again etched in my mind. It seems like yesterday (although it was 1989!)

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Net and VC Loyalty

BeyondVC

It reminds me of a panel that I spoke on in 1997 at the Red Herring Java Technology Conference. On the enterprise side, the only reason I would support having a company move off an existing platform to.Net is if there was significant customer demand for it and if Microsoft would really provide the company with access to its channel. Robert Scoble has asked the VCs to respond to an eWeek article titled Is.Net Failing to Draw Venture Capital Loyalty?

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Why Crunch Modes Doesn't Work: Six Lessons

www.igda.org

In his 1997 paper, Sleep, Sleep Deprivation, and Human Performance in Continuous Operations , he found that: Laboratory studies show that mental work declines by 25% during each successive 24 hours of continuous wakefulness. In fact, they will demand that these people work to the point of legal impairment as a condition of continued employment. Skip to Navigation. Why Crunch Modes Doesn't Work: Six Lessons.

Business Week Report on “Radical Future of R&D” Misses Critical Capital Markets Link in Innovation Ecosystem

Pascal's View

million just to replace losses from the current recession, then an additonal 10 million to keep up with population growth and to spark demand over the next decade. The quarter, which saw double digit declines in every major industry sector, marks the lowest venture investment level since 1997.”

Startups and small biz at SXSW: ideas on how to spend your time at the conference!

crowdSPRING Blog

Yes, we’ll always want to encourage higher quality, but it won’t matter if we have crappy demand. He started his first company in 1997 at the age of 14 and has also served in leadership roles at Stardoll and Advertigo. ([link]. 03:30 PM: Richard Rosenblatt Interview: Content On Demand Ballroom D – As CEO of Demand Media and former Chairman of MySpace, Richard Rosenblatt is no stranger to harnessing the power of the crowd to build industry-changing business models.

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How to Write Compelling Marketing Copy: 7 Tips for Writing Content That Gets Results

crowdSPRING Blog

In 1997 the Nielsen Norman Group revealed that 79% of users they tested scanned web pages rather than reading them. What demand is out there for a solution like your product? Writing is a tricky business. You have to choose just the right words to convey your unique message to your specific audience. And, that’s only half the battle. There’s also the question of context. Where and how will you communicate? And, what is your goal? Novels are not novellas.