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Solutions Looking for a Problem Don’t Get Funded

Solutions Looking for a Problem Don’t Get Funded - http://blog.startupprofessionals.com

Posted by martinzwilling under Startups
From http://blog.startupprofessionals.com 4908 days ago

Too many entrepreneurs develop a new product without regard to market demand, then build an entire strategy based on creating a need, rather than acting on an existing market need. Investors characterize this approach as a “solution looking for a problem.” These don’t get funded.

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Written by businessavante
4908 days ago

I think this is what stopped "Kramerica Industries" in its tracks - Ketchup & Mustard in the same bottle.

businessavante

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