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Idea Development

Everyone has good ideas. It is knowing what to do with them that is the key!

If you have ever had a good idea for a product or business you will know that "Eureka" feeling. It fills your whole body with a great excitement and energy. You feel that it is going to be an instant success, make lots of money and images of fast cars, large houses and exotic holidays start flooding into your brain.

But How Do You Make It Work?

To be able to get your idea off the drawing board and turning it into a success you need to go through a number of stages. Each stage is really an answer to a question. The question you need to answer are:

  • How much will your product cost to develop? Who will cover this cost?
  • How long will your product take to develop? Who will do this development?
  • Who is your target market?
  • How do you tell your target market about your product?
  • What channels are you going to use to sell your product?
  • How much are you going to sell your product for?
  • What are the legal implications that are attached to your product?
  • How are you going to finance your companies growth?
  • Are you planning to sell your successful company in 5 or maybe 10 years time? To whom?
  • Do you have the energy to keep going when things go wrong?

All these questions, and more, need an answer. Finding the right answers to these questions is the key to turning your idea from a dream into a success.

To see how we can help answer any of these questions please visit our How It Works page.

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