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Sometimes I'm hit with some ideas, which mind sound...too good to be true.
They look like the "perfect ideas": nobody has ever executed them, you have almost 0 competition and the market would gladly pay money for these ideas to be executed.
Yet, when I come up with such ideas, a part of me feels like I am money-chasing.
How do you know exactly if you are money-chasing? What if you genuinely found a need not being met (yet)?
Note: especially when we are talking about niche markets (such as a single country).
Note II: I'm not saying the barriers to entry are minimal. In fact, they are high as hell. But I guess that's where the opportunity comes from?
They look like the "perfect ideas": nobody has ever executed them, you have almost 0 competition and the market would gladly pay money for these ideas to be executed.
Yet, when I come up with such ideas, a part of me feels like I am money-chasing.
How do you know exactly if you are money-chasing? What if you genuinely found a need not being met (yet)?
Note: especially when we are talking about niche markets (such as a single country).
Note II: I'm not saying the barriers to entry are minimal. In fact, they are high as hell. But I guess that's where the opportunity comes from?
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