Tuesday, October 04, 2005

BW: Entrepreneur Quiz

BusinessWeek Online Entrepreneur Quiz
http://images.businessweek.com/ss/05/10/entrepreneur_quiz/index_01.htm

Eight Questions:
  1. Are you confident that you will still enjoy your passion when it's your full-time job, and not just a personal pastime?
  2. Have you selected a direction that will make your business distinct from others in the same category or industry?
  3. Do you have a competitive advantage other than price?
  4. Is there a strong demand for your good or services, and can you produce it at a price people are willing to pay?
  5. Have you done the necessary market research and had the results reviewed by an independent third party?
  6. Are you committed in making sure the business becomes profitable within 2-3 years time?
  7. Do you enjoy the daily flow of business, meeting customers, and keeping track of finances? If not do you have a partner who does?
  8. Have you answered question 1-7 honestly, without the optimism of someone who's simply passionate about their passion?

No comments: