Overview
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Determine what new businesses are best suited for you as an entrepreneur. Brainstorm ideas, identify the best opportunity, and test the validity of the business before starting.
Syllabus
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Introduction
- Find your business idea
- Know yourself as the entrepreneur
- Be aware of needs
- Develop the new business idea list
- Narrow the list to your best ideas
- Understand the difference between idea and opportunity
- Evaluate demand
- Gauge your expertise
- Assess your resources
- Predict profit
- Consider distribution
- Determine proprietary advantage
- Finalize your single best business idea
- Understand the business validation micro plan
- Focus the business test
- Craft a few summary statements
- Determine the best testing option
- Test 1: Interview or survey
- Test 2: Online ad
- Test 3: Micro pay-per-click
- Evaluate your results
- Start your new business
