S What is the strength of the product or service that can be a great revolution ? W What is the weakness that may lead to the death of the product or service from the market ? O What is the opportunity that are lying ahead to work ? T What threats may appeared or are whirling around the venture ?
SWOT analysis is being done overall one`s every business aspect in business terms for development further. It is a must for every start-up success.
All these four can altogether be a great tool of success in any dream venture, if you mind it.
Do SWOT and shoot to the sky! Maybe amongst stars one day!
Even a general man can be one genius by implementing a little SWOT analysis on his life.
What may be the SWOT analysis ,If the venture is about to product sale or service provider ?
Just one simple example of SWOT analysis of one organic products as below :
Strength : Product is in very demand because of its organic character . It is made up from plant,vegetable . NO harmful chemical, pesticides etc.Organic products are safe.Everybody can use like kids,big man, old man,women,patients. Weakness :Organic products are short lived means expired soon.Lack of infrastructure like land,water etc… Opportunity :Future is bright .Global market is lying and can go beyond.Can lead to innovation of other products in line with the product. Threat : Other latest green organic products are rising, can kill its present demanding market due to same.
So, now what ? Are you going to do SWOT analysis ? Are you going to provide remarkable product or service to masses ?
Do you believe a system exist for entrepreneur,entrepreneurship,Entrepreneurial revolution?
We need a system for a meaningful business.
Great entrepreneur like Steve job have a solid system behind his breakthrough Apple co.,Robert Kiyosaki has a system for his M/s RichDad co., Donald Trump has a system,Dr.Mani sivasubramaniyan has a solid system for his Infopreneur .
What is system ? Why we need a system ?
System is an outline of one vision structured systematically through symbols .Much deeper the level of involvement with the system, the higher the success rate
Whether its technology oriented product or service, there must be a system to running smoothly ,efficiently which can lead the venture a great successful one ammongts competitor even in tough situation.
According to Sid Kemp,Entrepreneur and Writer at Entrepreneur.com magazine defines System is as
S Save , Y Yourself , S Stress, T Time, E Energy, and M Money.
System automatically redirect what should be done after each and every procedure over and above and accordingly it should be followed and implemented to thrive.
What about your system of business ?
God Father of Internet Marketing,Mark Joyner showing about what a business system is all about and how effectively a business can be done at ease through cashmap system. If, you can try here
Why are you worried now then ? Go,Ready,Aim,Fire,Fire,Fire!!!.