We can take a lesson or two from Sam Walton who studied the retail market thoroughly before he started Wal-Mart which is a world renowned brand. He knew that his target market is American Working Class. We all know that how his vision has changed the retail industry operations.
Just remember that knowing your target market and target audience will help you get rich dividends in shortest possible time frame. We can say that keeping the above aspect is your sure shortcut to becoming an ultra successful entrepreneur.