David Silverstein quoted in BND’s “How to Start a Business”
We have a great relationship with Business News Daily and one editor in particular loves getting David Silverstein’s thoughts on a variety of business topics. But, this wasn’t just your average business story.
David was asked for his thoughts on starting a new business in BND‘s “How to Start a Business: A Step-by-Step Guide” article.
David Silverstein, a global business consultant and CEO of operational strategy consulting firm BMGI, cautioned would-be entrepreneurs against starting a business for the sake of being a business owner: You need a viable business model, not just an idea, he said.
“Businesses don’t start with simple ideas,” Silverstein told Business News Daily. “They start with problems to be solved [and] opportunities to do something better. Know your solution and your customer inside and out. Ensure you are passionate about what you are starting because you will be spending all your time with it.”
You can read the entire article here.