Is my business idea a good one? This six-point checklist will help you reveal the answer. As an entrepreneur you will have TONS of "good ideas" and your challenge will be narrowing them down and focusing on the winning ideas you can pursue for long lengths of time. But certain businesses are far more likely to succeed than others, and this checklist will help you identify the good ones.
You'll learn:
- Why the GOAL for the business defines each decision you make
- How margins can determine the rate at which your business grows
- An easy test that tells you how complicated it will be to make money
- Why competition might be the most encouraging sign of a good business idea
- Why you should think ahead about the time and money involved in scaling your business (and what can happen if you don't)
As always, feel free to send in your questions to podcast@bossclub.com to possibly be featured on the show.
Want to launch and grow your first business? See our available courses and training materials at www.bossclub.com