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Ever had a terrific business idea that just didn't fare well? Being left with armfuls of an unprofitable model and a hole in your funds is not a great feeling. Here's how to know when you need to let your vision go to rest — or convert it into something more meaningful.
Being able to turn an idea into a product that people will want to purchase is, naturally, a crucial aspect of any business. If you do not have a customer base, you will quickly find that you do not have a viable enterprise. As such, you need to establish a reliable way of communicating with your potential customers in order to tailor your product to their needs.
As a prospective entrepreneur, you are bound to have a lot of ideas, things you think could be developed into a business. However, not all of them are bound for an effective and profitable execution.
The SaaStr Annual Conference, held in Silicon Valley, is one of the biggest names in the Cloud and SaaS ecosystem, and therefore of the most prolific tech conferences in the world. Today I will be sharing some key insights from the three day-long conference, providing you with a glimpse of what was discussed at the event “Where the Cloud Meets”.