Entrepreneurs are a passionate lot, committed to their vision. Small business or companies with a single product line generally tightly focused on the assets of their product and mastering the complexity of production and distribution. While it is essential to master execution, few products succeed that do not actually contribute to the solution of the customers’ problem. If a small company only focuses on the realities of production to the relative exclusion of consumer need/wants, it will likely fail.
Read more … Feasibility research - not just for big companies any more