Apply a borrowed business model

Starmix

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Borrowing strategies may not be considered a crime. You may do it to apply to your own business especially if you are a new businessman. It might be called a rip, pivot, and jam method. You’re simply adopting business ideas from one business and creating a business venture on your own. doing this may give you a hint and may create your own and reject what you borrowed or patterned. you may replace that idea with your own as soon as you already have ample experience. It is better to borrow or pattern business ideas like selling retail only or wholesale only and after your observations, you may stick to the two methods.
 
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cherry123

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We a lot of times livesby borrowed ideas or strategies even in a business it's not an exception . You can apply other business ideas to your own business especially if you are a new businessman. One can grow a business with this method.
 

Starmix

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That is right, we can borrow a business model from a business that looks good and appealing to the customers. Let is just make a diversion to make it look a little bit different.
 

cherry123

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Nothing wrong with this business idea. Just use the model that will suitable for you and your business. You need to test out your ideas first before fully applying it .
 

Starmix

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Let us just imitate a business model so that we could also experience volume sales, lol. I have an idea about another business model for milk tea, like the cups and the color of the milk tea stand.
 

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Borrowing successful business ideas and strategies is not a crime however, you need to stop infringing someone's intellectual rights, for instance, you cannot copy someone's ads or even products to make profits
 

Starmix

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That's right, it may look like plagiarism. I think it's only a good to get an idea but not to the extent copying the whole thing. It may be like a crime.
 
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