DAY 4 * Evaluating your Business ideas
What To Do
1. IMPORTANT: Consider Task 3 of Day 3 where you listed to or more ways of solving the problem you stated. Quickly weigh the pros and cons of each and decide the best.
2. As indicated yesterday, Businesses should focus on doing their best – in the eyes of the consumer. If the customer sees how valuable your offering it to them, they will pay the price.
Read the presentation on CREATING SOLUTIONS
3. With this idea in mind, complete the SOLUTIONS WORKSHEET
4. Did you know that if a business idea falls short on one or more of the four components of feasibility analysis, it should be dropped or rethought?
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