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Free Essay / Term Paper: tactics to coming up with a successful business ventures

Every successful entrepreneur, every successful businessperson has been someone who's been able to identify a problem and come up with a solution to it before somebody else did. If you want to start a business you have to have an idea and a want for something and feel there is a need for your service in society. Throughout this paper I will discuss some of the necessary steps to starting your own business and the different ventures that I think would work well in my Community 1. There are five tactics to coming up with a successful business ventures these tactics include: Finding a need and filling it. When Ross Perot was working for IBM, he saw that his customers, who were buying IBM computers, needed help processing their data. He went to IBM with this idea, and they said they weren't interested, so he started his own business. He eventually sold it out for $2.8 billion dollars. He found a need and he filled it. 2. Find a problem and solve it. A secretary working for a small company began mixing flour with nail varnish in order to white out the mistakes she was making in he....

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