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Assessing Idea - Coggle Diagram
Assessing Idea
Are the risks associated with this type of venture acceptable to me?
job stress
company failed before 5 years
not making enough money
balancing multiple ventures
Are the rewards adequate to offset the risks associated with this venture?
personal growth
being able to achieve a goal
(financial) being able to provide for my family
(recognition)Having a successful business/brand
Does this idea fit my personal vision?
yes. Having financial freedom
yes. being able to be a role model for others
being my own boss
no. business failed
no. too many competitors
no. might not make much profit
Do I have the talents and skills to implement this idea (or the ability to put together a team that can)?
hard worker
motivation
great customer service skills
can handle diversity