Concept Development

Concept Development

The Entrepreneur's GPS begins with Concept Development. A concept is defined as, "an idea of something formed by mentally combining all its characteristics or into a well-constructed idea. According to the Houston Chronicle, only one out of four products successfully make it to the market.

There are four reasons why new products may fail: (1) lack of demand (2) poor marketing research (3) wrong target market (4) flawed or not enough product testing.

Before investing money into developing a product or service, you must be certain there is a need or want for your concept. Often individuals will develop products or services that may excite them but are not valuable to others. Customers must find value in your product or service and be willing to spend their money on it.

This course will take you step-by-step through the concept development steps.

The Entrepreneur GPS
Concept Development
Identify

What problem are you solving?

Identify

Describe the product or service you want to develop to solve the problem.

Test

Test your idea before you invest a single cent.

"It's Time To Turn Your Ideas
Into Solutions Fearlessly"!

Concept Development
Discover the Value In Your Concept

We have seen countless infomercials on products that appear to be the next greatest modern solution. Now, you have the opportunity to develop your own product or service. Our Concept Development module will help determine if your concept is viable.

  • Identify problems in current products and services.
  • Analyze current products and services' advantages and disadvantages.
  • Gather and analyze data to assess the attractiveness of new business opportunities in regard to market, industry, and team.
  • Demonstrate problem-solving techniques through brainstorming.
  • Gather research on current products and service offerings.
  • Illustrate the concept developments steps
  • Test products or services through focus groups.
OTHER COURSES IN THIS SERIES

When you've finished here! Try these.

Product/Service Execution

Bringing a concept to the market is not an easy task. It takes numerous hours, days, months, and sometimes years to bring forth a product or service to fruition. Plus a team of people with integrity, commitment, and experience. It is of the utmost importance to gather a team of skilled people who boast a dynamic portfolio for your product or service execution. These twelve business steps will guide you through the process of bringing your product or service to fruition.

Steps to Starting a Business

There are nineteen steps to starting a business. Each step must be completed thoroughly to set up an effective operation and establish credibility. The complete process is also required for receiving governmental contracts, bids, grants, investments, and business loans. Countless entrepreneurs do not follow the proper logistics, causing many companies to fail or remain stagnant. Completing all steps is the pathway to establishing a legitimate company and being Ready 4 BIZness.

Intellectual Property

How many ideas have gone uninvented? How many solutions have died without being born? What steps people from bringing their dreams to fruition? Challenges and fear of the unknown stop so many of us in our tracks. This module will help ease that fear and break those barriers by showing you step-by-step how to go from idea to product.

"You Must Be Willing To Press Forward Regardless of The Circumstances"!

"It's Up To You To Embrace the
Skills and Gifts Inside of You"!

The Concept Development module provides the necessary information and data for moving forward in developing your concept.

  • 4-week course (Value $399)
  • Real World Lessons (Value $99)
  • Concept Development Template (Value $99)
  • Self-Paced Course
  • Weekly Reminders
  • Lesson Completion Rewards
  • Course Completion Certificate
ONE TIME PAYMENT

$49.99

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Brilliant price!