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Serafin and Sons Electric Company - Coggle Diagram
Serafin and Sons Electric Company
Does this idea fit my personal vision?
sense of fulfillment
saying thank you to "world"
leave my mark
factory freedom
yes
Do I have the talents and skills to implement this idea (or the ability to put together a team that can)? Are the risks associated with this type of venture acceptable to me?
Risks
brother in high school, possible career change
can't obtain license myself
team breaks apart
Talents and Skills
personal talents and skills in electrical work not yet
basic understanding of the industry
plan to get electrician license
Ability To Put Team Together
licensed electrician father
future licensed brother
uncle with electrical experience
myself a future licensed electrician
wife possible accountant
Risks are acceptable to me.
Are the rewards (personal growth, satisfaction, self-expression, financial, recognition) adequate to offset the risks associated with this venture?
Personal Growth
licensed electrician
family business of my own started
I'd be a professional
Satisfaction
with myself
father would be satisfied
mother and wife would be proud
brother would be satisfied and motivated
uncle would be satisfied
Self-Expression
my own touch to the industry
bring new ideas to industry and family
more confident with myself
Financial
accurate checks
control of the books
potentially could earn over 90k
Recognition
become respected company
be top google search for "electric company"
regarded as the "one who did something with their life" by friends and family
The rewards are adequate to offset the risks.