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Have You Done Enough Research to Start Your Business? The more your know about your potential industry, the better.

By Brian Tracy

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

In this video, Entrepreneur Network partner Brian Tracy discusses the importance of completing thorough market research before starting a business. New and aspiring business owners should not discount how much time is necessary to resarch a potential business's industry and small details.

In order to get the best results from your business, Tracy urges beginning your research process early. That way, each dollar you spend looking into details will go toward your profit later.

Click the video to hear more from Brian Tracy.

Related: Why Time Management Is an Indispensable Element to Success

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Brian Tracy

Chairman and CEO of Brian Tracy International, Speaker and Author

Brian Tracy is chairman and CEO of Brian Tracy International. He is the leading coach on the topics of leadership, self-esteem, goals and success psychology. Learn more at BrianTracy.com

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