Part 5/9:
As I transitioned into entrepreneurship, I developed a framework to ensure my business ideas were viable and aligned with my strengths. I consistently ask myself five key questions:
Is there a big and growing market for the product/service?
Is there a clear value proposition?
Do I have access to the right talent for collaboration?
Do I have an unfair advantage in this market?
What is my distribution strategy?
This checklist not only alleviates fears of starting out but also provides a structured means to evaluate opportunities, enhancing clarity and focus as I venture forth in my business explorations.