How to spot business opportunities?
There are many ways to spot business opportunities. For example by copying ideas used in your own field or those found in completely different areas. Or by absorbing more information through traveling, reading, and listening to people talking about their lives.
While business opportunities are mostly discovered and then exploited, they can also be created and then exploited1. Opportunity creation involves much more uncertainty than opportunity discovery and requires visionary skills that allow for developing ideas people haven’t even thought… Read more