- Is the venture team really interested in this opportunity?
- Does the venture team have the passion and commitment to create and operate a successful venture with this opportunity?
- Does the team have the experience, knowledge, and expertise to transform this opportunity into a viable business venture?
- Can the venture team attract the necessary resources (human, technological, financial, physical) needed for to successfully launch and operate this venture?
- Can this opportunity lead to a significant value proposition for the prospective customers?
- Will these potential customers buy a significant amount of products and/or services this venture will produce?
- Will the products and services from this venture have a significant competitive advantage or differentiation?
- Are these advantages proprietary, and can they be protected?
- Can this venture produce and deliver the products and services with a sustainable profit?
- Is the expected return on investment for this venture consistent with the risks involved?
How can I evaluate a potential business venture opportunity?
Try answering the following questions ... any doubt, think it out!
Related Topics:
Ideas,
Opportunity,
Success,
Team