How to turn your passion into a business "I have no special talents. I am only passionately curious." -Albert Einstein We are passionate about so many things but more often than not just having passion is never enough to make it in business as many have found out the hard after millions may have gone down the drain. This article is going to help you discover your sweet spot. Often defined as where your passion meets skill with enough people willing and able to pay for what you are offering. What is Passion? When I talk about passion, I am talking about that thing whatever it may be that you love to do, something you are even willing to do for free. I believe that Passion is innate, its somewhere on your inside wired into your DNA. It is called different things by different people: your assignment, your purpose, the question life has given you to answer etc. Passion is not enough to be successful in business, you need much more. ...
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ReplyDeleteThank you sir for this eye opening interview.
ReplyDeleteI would like to know what to do (how to still sell same product and same size) where existing competitors have lower selling price than I bearing in mind that my cost of production would not permit me to have such low price.
Depending on the type of product, which was not specified, the producer may have to add some non monetary value to the product offering, or link up with a complimentary product as a joint offer. If the product is as good or better than the competition, once consumers use it, it will begin to have it's own loyal customers.
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