10 Things to know what business to start

Discussion in 'General Business' started by the ceo, Jun 12, 2019 at 4:44 AM.

  1. the ceo

    the ceo Member

    1. How much do you love the business?
    2. How much do you know about the business?
    3. What is your experience in the industry?
    4. What resources do you have at your disposal to start?
    5. What are the market trends?
    6. What is the value proposition of the business?
    7. What are the barriers to entry to the market?
    8. What needs are unsatisfied?
    9. What are the possibilities for growth and expansion?
    10. What is your vision?
     
  2. Charles T

    Charles T Administrator

    The one of these that I personally hone in on the most is #8 What needs are unsatisfied. Therein lies the core of potential success with any new business. In today's crowded field, answering that question accurately holds the potential for exponential growth.
     
  3. the ceo

    the ceo Member

    yeah i agree with you...
     

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