Do I Have Experience In Solving My Business Problems [Pt 7] What Problem Does Your Business Solve

Do I Have Experience In Solving My Business Problems? ✅

In part 7 of this Success Series playlist, I discuss having, or solving the same problem or experience with the problem you intend to solve in your business.

Part 1 - What are your motives for starting a business?
Part 2 - What responsibilities are going to be displaced when starting your new business?
Part 3 - Am I prepared for potential failure?
Part 4 - Am I ready for full commitment?
Part 5 - What industry am I going to start my business in?
Part 6 - What problem am I going to solve?
Part 7 - Do I have the same problem or experience in solving it personally?
Part 8 - Is my business solution already in the market?
Part 9 - How unique is my solution vs one already in the market?
Part 10 - What is the projected risk going forward, and to test?
Part 11 - Who is going to by my products and why?
Part 12 - Is my solution easily understood by potential buyers?
Part 13 - What barriers are in between my current situation and full business success?
Part 14 - Is my solution a NEED or a WANT?
Part 15 - What will the initial investments be?
Part 16 - What is my burn rate and runaway?
Part 17 - Where can I go for advice and mentorship?
Part 18 - How well do you know your technical expertise and marketing?
Part 19 - Who’s handling operations, accounting, taxes, legal, etc?

These questions help in thing you must do before starting a business. This is great advice before starting a business, not to mention prepares you for the right steps before starting a business.

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