Sit Back and Relax...

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Positioning > Forum > Sit Back and Relax...

Sit Back and Relax...
Michael Keighley, Entrepreneur, United Kingdom, Member
Watching another firm enter a market first and not entering yourself can be hard, but by doing this you can see what works and what doesn't. Sometimes a is preferable. For example if you watch someone open up a bakery in the area you would like to start to work in, and it goes bankrupt in a month, you can see that it would not have been a good idea anyway and feel good that your money is safe. Of course being first can bring rewards too, but always research your market first to find gaps. (...) Read more? Sign up for free
 

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