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I Tried, But I Lost The Call
By siliconindia
Low Confidence In Selling The Product
Have you ignored your competition in portraying confidence to raise the sales that you are going to face in the market? If you have not provided a space for your competition in the business plan, then you are showing a lack of sophistication. Even if the idea is completely new, the entrepreneur should take in to account the competitive forces including different solutions to a problem, and different ways that customers might choose to spend their money in the market. Make some actual sales and show it in the business plan that your product is actually churning out in the market and it’s not just a matter of numbers on the paper.
