Ask yourself these 10 questions before starting a business to evaluate your business or business philosophy

Source: Internet
Author: User

Intermediary transaction SEO diagnosis Taobao guest Cloud host technology Hall

  

When you have an entrepreneurial idea or business philosophy, you don't know if it works. There are 10 questions that will allow you to evaluate your entrepreneurial or business philosophy. You need to keep asking yourself these 10 questions at the beginning of your business:

1. Who is my target customer base?

If you have a new entrepreneurial idea, would you like to verify that you have caught the customer's real pain point? Here's an easy way: Ask yourself, can you describe in a few words: What are the pain points your company is dealing with? Why do people need to care about this? Meanwhile, Can you use this simple explanation to get one of your potential customers to buy your account?

Think of the most successful companies in the world, the companies that have been our benchmark. You may be able to quickly tell what these companies do, and this is often the pain of customers they solve. If you can't explain the pain of a soothing customer, is this fact fatal? It may eventually, but it may just mean that your entrepreneurial philosophy is not fully formed. Many excellent entrepreneurs want to know the best use of their products through countless iterations.

2. What is the competitiveness of my product?

What is the competitive edge of my product? In fact, this is the first thing that all entrepreneurs should consider before starting a business. The core competitiveness of products determines the direction of product promotion, determines the market positioning of product marketing, so the refinement of the core competitiveness of products in business planning is particularly important. Concrete analysis of specific issues, this saying is indeed very reasonable. The core competitiveness of refined products really needs to depend on the specific product form and market competition.

3. How to explain the idea to others?

Let your thoughts become visible. This means you need a product prototype or a business plan to show people what you think, your business logic, and your profit model.

4. Who does my team need?

Everyone has their own motives, as entrepreneurs must understand everyone, as long as the motivation to find each person to find empathy, to work together, can be a person in the right place. And some people to achieve a high degree of strategy, thought, the pace of unity, clear division of responsibilities, responsibility, Komochi, and then unified management, unified supervision, unified implementation. If this core does not reach a high level of unity, the following team building and organizational structure design, there are risks and hidden dangers, or that is not perfect. How these people can achieve unity, in fact, is also simple, is to communicate, communicate, and then communicate! Through communication, to reach a consensus of ideas, to the greatest extent possible, so that people become real like-minded.

5. How do I integrate resources?

The ability of entrepreneurs to successfully develop opportunities to drive entrepreneurial activity is often determined by the resources they have and can integrate, as well as in the use of resources. The resources that many entrepreneurs can gain and use early in life are rather scarce, and one of the great entrepreneurial skills that good entrepreneurs embody in entrepreneurship is the creative integration and use of resources, especially those that create competitive advantages and provide a sustainable competitive advantage.

Although compared with the existing large companies into mature development period, entrepreneurial enterprise resources are scarce, but in fact, entrepreneurs have entrepreneurial spirit, unique creativity and social relations and other resources, but also strategic. Therefore, for entrepreneurs, on the one hand, to use their own creativity, with limited resources to create the greatest possible value, on the other hand, we should try to acquire and integrate all kinds of strategic resources.

6. How long is my purchasing cycle?

If you know how long the purchase cycle of your product or service is, then you can estimate your budget. If the purchase cycle is long, you'll spend a lot of your budget before you even make ends meet.

7. What is the reasonable forecast sales?

You also need a reasonable sales forecast in the actual operation. For example, if you want to open a restaurant, you can't just count the sales of the restaurant, you also need to calculate the operating cost, the scale cost and so on.

8. What is the potential for growth of ideas?

Think about how big a career you have, and how much growth potential does your idea bring? If you do not meet your product or service in the future of how the development, will have a large scale, then my advice is not to start a business as well.

9. Do I have the necessary skills?

Thinking and doing are two distinct concepts. You can tell the industry, encourage entrepreneurial innovation, seems to have a feeling, in fact, can't find the north, because you are not a real entrepreneur. So in the actual operation of the entrepreneurial skills you need most is a strong ability to adapt to the start-up phase, we need to continue to try, slowly improve, gradually learn, adapt, improve.

10. Can I hold on for the next two years?

This is an age of entrepreneurship. The media, the government and the employment environment seem to create a seemingly beautiful environment for entrepreneurship. People seem to think that starting a business creates everything they want and want, but the entrepreneurial winners who really stand in the spotlight have a lot of hard work on their way to success. Some entrepreneurs because of lack of experience, encounter a bit difficult to want to give up, however, anything is not the beginning of the wind shun, only perseverance to solve problems, to harvest a complete their favorite outcome.

Related Article

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.