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Tuesday, August 05, 2008

A Symphony In Four Parts...The Art of Starting A New Business

Every business idea has to begin with a thought. That thought has to be developed. Regardless of the type business, there are certain universal principles that apply.

The 30 Day Challenge is designed to help an entrepreneur focus upon those principles to test the potential of a new idea. Ed Dale, the face of the 30 Day Challenge, shares the key concepts that he describes as a symphony. Like a symphony, it depends upon blending the right parts, in the right amount, in the right order, with the right timing.

Ed introduces the 30 Day Challenge and describes the four parts of the symphony:
1. Market Research
2. Traffic
3. Conversion
4. Product

A conservative estimate is that 95% of mistakes are made in the MARKET RESEARCH stage. This is because most people don't do the MARKET RESEARCH.

Following this universal pattern can't guarantee a success every time. The beauty is that it will help eliminate the stuff that will not work.

Whether you are doing a traditional business or an Internet business, the MARKET RESEARCH capability of the Internet opens new roads to success in starting a new business or growing an established business.

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