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Cleverism.com: March, 14, 2016

It’s the middle of the night and you suddenly wake up with a business idea in your mind – while still sleepy, you don’t write the idea down since you feel it is bad one anyways. This is just one example of a time when a business idea may strike you at an unexpected time.

An idea that may seem outwardly absurd may not necessarily count as a bad business idea. Bad business ideas are those that are ill-thought and under-developed; which makes them highly likely to fail in the business world.

There are a number of forces at play that can contribute towards failure of a particular business idea. These include lack of available resources, lack of demand for the product/service, poormarketing/positioning, etc.

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