According to Score data, 50 % of all small businesses fail within the first year. I don’t mention this statistic to discourage you but rather to point out a harsh reality. There are many reasons for this mind boggling failure rate but one of the biggest reasons is that “there is nothing new or unique about your business idea”.
Just think for a moment, if you try to create a Facebook clone, will it succeed?
People don’t need another Facebook. But they might be attracted to something that is sleeker, faster and has more bells and whistles than what Facebook […]