the startups.com platform about startups.comCheck out the new Startups.com - A Comprehensive Startup University
Education
Planning
Mentors
Funding
Customers
Assistants
Clarity
Categories
Business
Sales & Marketing
Funding
Product & Design
Technology
Skills & Management
Industries
Other
Business
Career Advice
Branding
Financial Consulting
Customer Engagement
Strategy
Sectors
Getting Started
Human Resources
Business Development
Legal
Other
Sales & Marketing
Social Media Marketing
Search Engine Optimization
Public Relations
Branding
Publishing
Inbound Marketing
Email Marketing
Copywriting
Growth Strategy
Search Engine Marketing
Sales & Lead Generation
Advertising
Other
Funding
Crowdfunding
Kickstarter
Venture Capital
Finance
Bootstrapping
Nonprofit
Other
Product & Design
Identity
User Experience
Lean Startup
Product Management
Metrics & Analytics
Other
Technology
WordPress
Software Development
Mobile
Ruby
CRM
Innovation
Cloud
Other
Skills & Management
Productivity
Entrepreneurship
Public Speaking
Leadership
Coaching
Other
Industries
SaaS
E-commerce
Education
Real Estate
Restaurant & Retail
Marketplaces
Nonprofit
Other
Dashboard
Browse Search
Answers
Calls
Inbox
Sign Up Log In

Loading...

Share Answer

Menu
Business Strategy: How can one build his or her business
KV
KV
Kevin Veitia | Meta Ads Ninja | SaaS/e-Commerce | Ex-Canva Alum, 13 Years Meta Ads Experience | Proven Methodology answered:

Not a whole lot of detail to go off of but let's take a shot. I'd like to offer a 'problem-solution-fit' way of approaching building a business:

1) Research what problem you want to solve. Example: 'There is no British food available in my neighborhood'
2) Try to quantify how widespread the desire for a solution to this problem is. Example: Conduct neighborhood surveys to see how many people really want British food nearby.
3) What would it take to solve the problem? How can your specific resources (time, money, skills) be aligned in such a way in which you can create a product or service? Example: 'I am not a cook but I have the money necessary to hire someone who specializes in British cuisine'
4) Brush up on pricing strategy and how to appropriately price your product or service. Again, market research is key.
5) Get the word out about the solution to the problem (e.g promotion or marketing strategy)

Hope this helps! Always feel free to book a call with me to discuss further.

Talk to Kevin Upvote • Share
•••
Share Report

Answer URL

Share Question

  • Share on Twitter
  • Share on LinkedIn
  • Share on Facebook
  • Share on Google+
  • Share by email
About
  • How it Works
  • Success Stories
Experts
  • Become an Expert
  • Find an Expert
Answers
  • Ask a Question
  • Recent Answers
Support
  • Help
  • Terms of Service
Follow

the startups.com platform

Startups Education
Startup Planning
Access Mentors
Secure Funding
Reach Customers
Virtual Assistants

Copyright © 2025 Startups.com. All rights reserved.