5 Steps to Determine Your Ideal Niche Business Even in an Unfamiliar Market

When my husband and I ventured into the medical device industry, we had only business degrees and a desire to live out the American dream.
Still, we prevailed in not only a foreign country, but also a foreign market.
As an entrepreneur, you have a keen eye for recognizing unmet needs, market trends and potential business opportunities, regardless of the industry. Fancy accolades alone won’t help you strike gold, even in territory you know front-to-back. You simply need a critical eye, passion and the willingness to carry the burden to win big.
Here are five ways we fused our passion and market opportunity to succeed in an unfamiliar market:

4 Reasons Why an Online Business is the Best Investment You Will Ever Make

Entrepreneurs are a rare breed of individuals who are constantly exploring new business opportunities. Some seek out new opportunities on their own while others are constantly being pitched new ideas.

The majority of opportunities, no matter how good they might sound, end up being a complete money-sucking nightmare due to expensive overhead, slow scalability and low margins. Online businesses, however, can be very appealing because they don’t have the traditional hurdles that most new ventures face. The following are four reasons why online businesses are the best investment entrepreneurs can make.