Having a business idea is such a driving force that literally looks well structured in the human brain, but the reality is often a lot different. I believe why this is so is because the mind isn't limited to possibilities, but the world is with its endless roughs and loopholes. There's no business without an idea, and an idea doesn't exactly materialize without an audience to take in and gage the value.
While people may argue that a business can spark out of the blue without a pre-built audience, they can't exactly argue that most businesses require that pre-established fanbase. I was discussing with a friend of late on business as the topic and concentration. Weighing in on the merits of starting small, we realized the importance of a phased small existence of any business. A small scale business has a lot of chances or room to grow and mature, but a big scale business is much exposed to risks of folding up if developments don't meet the demands.
A business is termed small scale when the size of its valuation is within a range, thus defining the size of its audience and patronage. This could spark an argument considering that the product therein is also a key point, but understanding that no business would remain small in size of products in store and the markets, if there's a well built audience to come around.
Though the possibility of remaining small and also potentially retarding remains, but in most cases, these businesses are seen to be in their value discovering stage. A business tends to earn the right size of audience based on what value it brings, or what solutions it offers, when once that value is admitted by the masses through strategic advertising and branding, there's then a new phase of business that requires constant development and system adjustments to meet demands.
Let's take musical artists for example, though a lot of people fail to understand that music is a business, a strategic business that doesn't exactly rely on talent to scale, it's more about knowing your audience, getting your branding right thus putting the best approach of publicising contents.
The reason we keep seeing artists publish a ton of records consistently is not because they have nothing else to do with their life, it's more about pushing out the content in the most marketable form to keep the stream of income flowing because your audience is always hungry. You figure that most hire ghost writers in order to keep up the flow, this is the constant move of feeding the audience and many don't understand this.
A business idea is as good as nothing if there isn't a back up idea to make paths for it to take effect. One of the most important things is building a loyal audience because you can't sell a product without having a loyal audience looking out to like, comment, buy and promote your business. This is the popularity structure of social networks like tiktok, your ability to scale up and gain higher interactions is if you build a loyal audience that your first viewers are often attracted by your contents thus stick around.
So it is then important to have a couple dedicated fans that track your process and explore your contents, because that's the only way you can climb up the charts. Build the audience and put out the best contents and you're golden. So with this, when people on here call hive accounts a business, I tend to support that notion because it's basically the same thing.