How can I run an IoT enabled business?

  1. Think of an idea in that fast-growing space. Don’t think too hard, and definitely don’t let procrastination slow you down because your idea won’t work anyway.

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Here is what you need to do…

Find a space that is growing. If you know the space very well, that’s a big bonus.
Think of an idea in that fast-growing space. Don’t think too hard, and definitely don’t let procrastination slow you down because your idea won’t work anyway.
Get access to at least US$20k. This should give you enough to build a basic product to test your idea. Get a job and save up, convince your parents, get friendly with your rich uncle. Whatever.
Find some co-founders. This is hard as humans, by nature, are chickens, so if you fail here, get some staff instead and co-founders may come later.
Launch a basic version of your app/website. Note it will be 2-3 times over-budget and way behind schedule.

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