How does the principle of the invisible hand of the market
The principle of the invisible hand of the market is a term introduced by the Scottish economist and one of the founders of modern economic theory, Adam Smith, to explain…

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Creative economics as a way to make money
A creative economy is a reality that has already begun in developed countries and is gradually occurring in the rest. Anyone who wants to live sweetly in new conditions should…

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Where to get ideas for startups?
1. Live in the future Be on the tip of MacBook Eyra. Use what yesterday did not exist. Read about new inventions. Think about the products for the new generation.…

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How to build an effective business

An effective business is a business in which there is no shortage of consumers. There used to be a shortage of resources, then a shortage of goods, but mankind coped with these problems. There are enough goods, enough services, shops where you can buy everything, in general, there is enough, but there are not enough consumers for all this and this is the main problem of our time. Continue reading

Innovation as a profit generator

At all times, innovative business development brought maximum profits. If you study the history of business, it becomes obvious that the greatest profits were brought by businesses, the essence of which is the embodiment and development of new ideas. This is due to the fact that the embodiment and development of new ideas leads to the emergence of new needs. Continue reading

Modern prospects of small business

The prospects of small business are connected with the understanding of the fact that it occupies one of two niches in the economy. The first of these is the start of new business lines. The second niche is the help to the average, but more often big business. In our conditions, about 10-20% of small businesses work in the first niche. In the second niche – 80-90% of small businesses. Continue reading

Seven criteria for an ideal business niche
1. "High Resolution" Here we are talking about your “resolution” in this niche, that is, about your level of understanding, your experience, knowledge. For example, if you enjoy your entire…

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How to build an effective business
An effective business is a business in which there is no shortage of consumers. There used to be a shortage of resources, then a shortage of goods, but mankind coped…

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Market research without money
Free marketing research is a reality accessible to all. The importance of marketing research is that they are the main source of complete and objective information about the market. This…

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Modern prospects of small business
The prospects of small business are connected with the understanding of the fact that it occupies one of two niches in the economy. The first of these is the start…

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