Unless you have millions of dollars available to launch your new business, your best chance at winning is to focus on a smaller segment that you can excel.
Starting a business is not easy. You need to commit yourself 100% to the process and be willing to work harder.
Mark Cuban is a serial entrepreneur best known as the founder of Broadcast.com and owner of the basketball team Dallas Mavericks. Learn the best business advice he ever got.
If you want your new business to succeed, it is important to avoid disastrous operational mistakes that kill new businesses.
How the business will make money is the very first thing that startup entrepreneurs should know. This will define your business model, the sum total of your strategies and tactics.