Every Business Problem is Local

I recently read a book about business ideas you can choose from. I wanted to see a new business I could take up.

Although the book listed many ideas, I observed that more than half of the listed can’t strive in my environment. There is no market for it, at least for now. It does not fit with the needs of the local community. Yes, the ideas were fantastic, but they can only meet the needs of specific people. Not all business ideas can solve local problem.

Every business problem is first local. You develop a solution based on available technology and resources to meet the local needs. Even when you go to the internet to get new ideas, you must adapt them to your local market. Don’t apply foreign solutions to local problems without adjustments.

Look inward to identify what needs to be solved. Every business problem is local.