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Identifying a business opportunity
Venugopal identifying a business op
It begins
•with a spark
•Or gut feel
•Or a deep passion
•Or out of some kind of frustration
Venugopal identifying a business op
Act quicklyBut don’t rush into itHere’s a checklist
Venugopal identifying a business op
market
• Size of the market
• Competition
• Replicability
• Existing players in that space
• How big is the size closer home
Venugopal identifying a business op
project & outlay
• Project size
• Profit
• Value to customer
• Location / other factors
Venugopal identifying a business op
Team
• Qualifications
• Capabilities
• Ability to attract funds
• Financial strength
• Personal equations
• Business hierarchy
Venugopal identifying a business op
When everything has been well thought out and all plans put in
place just launch yourself
Venugopal identifying a business op
Tell us what in your opinion is the best business opportunity
for you? Say why?
Venugopal identifying a business op