Moscow who specializes in the production of various flours and food additives. This market is already overcrowd, and there are quite large players in it. But he found exactly that niche, that loophole, which brings the company millions of dollars a year. If large market players take on orders from tens of tons, then this entrepreneur sometimes supplies batches of 500 kg, which is a pittance. But it was on such orders and long-term contracts that he was able to develop a client base, which includes very large companies with billions of profits.
3. Look for opportunities for unlimit growth
The biggest problem with most business projects is their limitations. The company grows to a certain limit and that’s it, it entrepreneur from stops, without the possibility of further development and attracting new clients. Of course, you can re-profile, restructure, cover new areas – but this will be a different company, with completely different tasks and prospects.
Let’s take as an example the same miller entrepreneur
I wrote about above. By bc data vietnam entrepreneur from the way, his name is Alexander Savkov, and I am sure that we will definitely tell about him in the following articles. So, in one of his interviews, Alexander said that the flour market is quite limit. Although they produce not only wheat, but also rice, corn, barley, but this is not enough, and we ne entrepreneur from to move on. And he sees prospects in food additives, because this market is not develop, but the demand is simply enormous.
That’s how you should think too
When choosing a field for client-side rendering vs. server-side rendering: which one is better your business, be sure to look at the prospects. What and how can be improv in a few years, where to move, what to pay attention to. It may afb directory happen that one field of activity will not be very profitable, and you will have to reorient yourself to something else, but as similar as possible, without any problems, without financial and time losses. Of course, this is not easy, but that is the essence of a good startup, to choose a very interesting and promising idea.