From Concept to Commercialization

 We hear so many stories about a college drop-outs starting a business in their parent’s garage and eventually transforming their ideas into a multi-billion dollar conglomerate. Although all of us entrepreneurs hope to be the next Bills Gates, Wall Street Journal says almost 3 out of 4 startups fail. There are many reasons for this statistic. I firmly attribute most of these failures to lack of thorough analysis of the concept and creating a solid business plans. So what is a motivated individual with ambitions of making it as an…

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