The Worst Product Idea (that Almost Every Entrepreneur Comes Up With)

Posted by ShaneMelaugh under Products and Services
From http://imimpact.com 4261 days ago
Made Hot by: Entrepreneurosaurus on March 25, 2013 6:42 am

Coming up with good business ideas takes practice, just like anything else. In this post, you'll learn about the most common kind of business idea that entrepreneurs tend to latch on to - and why it's an idea that sounds good in theory, but doesn't work well in practice.

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Comments

Written by ShaneMelaugh
4261 days ago

Thanks, Heather!

Indeed, it's easy to find focused products among the top companies in the world, but much harder to find any one-size-fits-all solutions in the same group.

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Written by HeatherStone
4261 days ago

Hi Shane,

You only need to look at the huge successes of businesses like eBay, Facebook, Google, and YouTube to see how narrowly focused products, tools, and services usually carry the day. Even in the case of diversified brands like Apple, different products like Macs, iPhones, and iPads are all highly focused. Sometimes features are added down the line, but even then they are usually in line with the products central concept. Thanks for the great video and for sharing this idea with the BizSugar community.

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