Starting a new business?

If you are thinking of or are in the process of starting a new business then this article http://bit.ly/1SBxsYS raises three important factors to think about. The article states that starting a new business can be one of the hardest things to get right and quite often there will be a certain amount of trial and error involved, before the business really takes off. Quite often the first product idea may not be what the business utimately sells, there may be several product iterations as you need to be able to sell a product which the market wants. In the book “Getting to Plan B” by John Mullins and Randy Komisar they state the fact that PayPal was in fact Max Levchin’s Plan G. However there are three matters which can be addressed and can help your business get on the right track from the start:

1. Have a solid business plan
2. Make the right connections
3. Forge strong relationships with your customers