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The best way to cheer yourself is to try to cheer someone else up. +--Mark
Twain+

Good question.

1. Research trends for supply and demand in relevant industry.
2. Find a specific product or service that suffices a need within any market of persons or industry.
3. Understand complete demographics of target market.
4 Reach to the need or the result of not having that need met.
5. Record results of your reach to market.
6. 80/20 rule: 80% of your profit comes from 20% of your customers.
7 .Continually analyze your business. Ensure product is of equal or better quality then competitor.
8. Find competitors weekness, as well as own. Find competitors strenghts as well as own.
9. Success: What did you do right? Failure: What were your mistakes?
10. Start back at number one, and make business adjustments as needed.

I am by no means a business advisor, and I am sure there are mistakes to my business processes.

I would have to say SCORE is the best resource for business philosophy.

Thank you for the compliment it is appreciated.

I run my own marketing company and I have had a CSR (corporate social responsibilty) initiative since day one. My CSR initiative is to offer non commercial artists a chance to be part of an exhibition and the chance to win a scholarship each year (my company finances all projects). I do it because I am interested in art but also because business often does not 'value' art (its not accountable on any balance sheet) and I think artists have value and human spirit that is often disregarded or ignored.

Where possible, I encourage my clients to develop their own method of CSR but some clients dont take the opportunity and think its a waste of money and that is completely fine. Those who developed a CSR program have told me they are so pleased they instigated a level of CSR at their workplaces and believe there is more meaning and connection to their company now. I think it depends on individual company culture and direction.

Just a little anecdote about me:
At my spare time I write script for the cinema. I study that at university in Brussels. And I like to help new singers and actors; I'd like to develop this activity in a charity organisation.
My next big social project is to sponsor a football club in Kinsangani where I was playing in my young years. We was champions with the Santos Club in the 3d division of Tshopo in Kisangani(oriental region) in Democratic Republic of Congo in 1968. I was playing with the number 10. It was wonderful. Other clubs wanted to buy us and we had fans and girls supporters. Great time. That why I love that country. THX.

That's true!
'Work every day like you're never die and pray God like you're going to die tomorrow.' This is the Mourides business philosophy from Tuba, Sénégal, Africa.
'Business is the only work to do in this world' says the Bandande ethnic group in DR Congo.
The ethnic group of Bakusu says 'No one of us has to work for anybody else as a servant'.
The Babua in oriental region of DR Congo says ' We are going to build our country ourselves, without any help' These ethnic communities are becoming the most prosperous people in Africa.
Doing business must to be always a life philosophy. Merci!