One of the biggest reasons for the failure of new entrepreneurs is selection of the wrong niche. How can I validate for my new business idea that I am targeting the right customers
It’s very common that being a newcomer in the entrepreneurial world, you may not have the adequate expertise to select a profitable niche. In that case, hire a freelance market researcher who will survey the related market e.g. the field you want to do business in, and prepare a report of profitable niches. You can then analyze the report and decide on your preferred niches.
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