Today's episode delves into the topic of identifying opportunities for business growth. Maria and Tim explain that businesses can either expand their current market or explore new markets. They outline strategies for entering new markets, such as acquiring, partnering, or starting a new business. They also stress the importance of assessing risks and increasing capacity. The hosts give examples of targeting different demographics and repackaging products to reach a larger audience. Finally, they discuss the challenge of distinguishing between genuine opportunities and distractions for entrepreneurs.
Find Maria Daniels Online: www.successfullychaotic.com
Find Tim Croll Online: https://timcroll.com
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