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Is Your Biz Idea Is Any Good?
Evan Carmichael At YoungEntrepreneur.com:
A question I get asked very frequently by young entrepreneurs is “How do I know if my business idea is any good?”
1) You Love It
2) You Have A Customer
3) It Doesn’t Cost Too Much To Set Up
4) You Can Do It All Yourself Or Have A Team In Place
5) You Have Something That Sets You Apart
Photo by bigdodaddy.
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CoolProducts on October 15th, 2008 1:36 pm
1) You Love It (have strong passion for it)
2) You Have A Customer (a market segment with potential growth)
3) It Doesn’t Cost Too Much To Set Up (there are no huge barriers to entry)
Matt @ Permanent Fitness on November 20th, 2008 1:49 pm
Short but straight to the point.
I hope I will be able to launch my own business some day.
Matt-CapForge.com on November 20th, 2008 3:18 pm
I don’t think you have to love it, if you can see it as a stepping stone to something bigger/closer to what you ultimately want to do. The rest are pretty valid, though.
cassy on January 7th, 2009 8:55 am
i have an idea but idont know if this is good for business! coz i guess i still need more information on how to make my idea into a good business!
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