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What advice should those interested in starting a business take to heart?

12/28/2022 | by Patrick Fischer, M.Sc., Founder & Data Scientist: FDS
Those interested in starting a business should first inform themselves well and develop a comprehensive understanding of their own industry, market, customers and competitors. It is important to develop a unique business model that stands out from the competition. A good business plan is the key to success. In addition, people interested in starting a business should not only rely on their own ideas, but also seek the opinions and experiences of others. Above all, they should have the courage to pursue their ideas and not be discouraged by setbacks.
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