Find a niche in your community

04/26/2010 | BNET

Carll Tucker writes that after selling his media company in 1999, he was in no hurry to jump back into business, much less the news business. But after seeing a void in community news, he's back with Main Street Connect, which is developing hyperlocal community-news sites. He argues that entrepreneurs should know their market well and be focused on serving that market. "Don't start by using statistics or algorithms to try to find your business niche. Start by asking yourself what the community needs, and then build a product to serve that need," he writes.

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