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▶ This is a classic framework to help people set ▶ This is a classic framework to help people set smart goals. You should always think about the 5 elements of this framework to make your goals as meaningful as possible.
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#businessinfographic #infographic #goalsetting #smartgoals #managementframework #businessownertips #startuptips #entrepreneurshiptips #startupadvice #businessadvice #startupskills #businessknowledge #businessskills #entrepreneurshipeducation #businesseducation #businessstudies
▶ I think we all have that one friend who always ▶ I think we all have that one friend who always has new business ideas and starts working on them by creating social media accounts and the logo. I have even done this myself many years ago! Unfortunately, it's all waste of time and effort if the idea itself doesn't work. Hence, try to first find out whether  the idea is worth pursuing at all.
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#newbusiness #businesscreation #startupfounder #founder #businessdevelopment #startuptips #businessownertips #entrepreneurshiptips #businessadvice #startupadvice #testingideas #entrepreneurshipeducation #businesseducation #entrepreneursrock
▶ The BANT framework was developed by IBM in the ▶ The BANT framework was developed by IBM in the 1960's but it's still widely used as it helps to identify best possible clients!
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💡 Of course, a number of variations have emerged as alternatives for different fields. For example, I have seen someone using BANTERS where the E stands for exploration (flexibility regarding the product's exact features), R for reference (is this client a good reference for us) and S for strategic fit (do this client's needs fit our strategy).
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🚀 This tool can be used to describe potential clients not only as organizations but also as individuals within organizations. Therefore, for example a person who has authority, that is, decision making power, is a good candidate to talk to instead of someone who has no rights to make big purchase decisions or no budget.
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#businessinfographic #infographic #bant #banters #clients #prospect #leadgeneration #marketingtips #businessownertips #startuptips #entrepreneurshiptips #startupadvice #businessadvice #startupskills #businessknowledge #businessskills #startuptools #businesstools #businesseducation #entrepreneurshipeducation
▶ Can you solve this? 🤓 . #riddles #riddleoft ▶ Can you solve this? 🤓
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#riddles #riddleoftheday #brainteaser #trainyourbrain #funlearning #mathpuzzle #thinkoutsidethebox #problemsolving #solvethis
▶ Creating a new business, or new product, invol ▶ Creating a new business, or new product, involves a high level of risk. Do people want it? Do they need it? Will they actually pay for it? And what do they value most about it? Without finding out you might invest years in the development and still no one would want to buy your product. That would be sad, right? Well, it's funny because this is what most people do!
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🔎 But why not make sure you develop something that people will actually pay for? There will always be some risk in entrepreneurial endeavours, but you can REDUCE THAT RISK TREMENDOUSLY by testing, testing and testing. And not only at the beginning but continuously throughout the lifecycle until you exit the business. Make testing a habit as that will save you a lot of money and effort.
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#businessinfographic #infographic #businesstesting #abtesting #experiments #businessrisk #uncertainty #businesscreation #newbusiness #customerdevelopment #startuptips #startuptools #startupadvice #startupskills #businessskills #businessownertips #businessadvice #entrepreneurshiptips #entrepreneurshipeducation #businesseducation #businessstudies

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How to fund a business idea?

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