The $100 MBA Show

MBA01 What is a Business Anyway?

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Aug 11, 2014
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ADVICE

Start Selling Early

  • Put something for sale as soon as possible, even if no one has bought yet.
  • Build audience and credibility alongside selling products and services.
INSIGHT

Offer Must Meet Want Or Need

  • A viable offering must satisfy either a want or a need to generate purchases.
  • Many ideas are only great to their creator unless validated by real demand.
ADVICE

Prioritize Reliable Fulfillment

  • Ensure you can reliably fulfil what you promise before taking money.
  • Make fulfillment efficient and pleasant so customers receive what they paid for.
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