A Quick Test On Your

Business Concept

Let’s be honest with each other:

Not all business concept and idea works

Being optimistic is great, but when there

are so many things at stake like money,

human resources, relationships, etc., you

might want to tone down your optimism

and get a reality check

• Am I Really Interested In This?

Make sure that you are committed and

passionate enough to stick with your

decision till the end before starting anything

• Is Anyone Else Interested?

A business concept cannot sustain or take off

in a market when no one but you care about it

• Will People Pay For This?

In order for customers to open their wallet,

your idea or business concept must tap right

at a need of them that hadn’t been fulfilled by

any other businesses in the market

• Why Now?

Is now the right time to

carry out this idea? Timing

can be the make-or-break

factor for your business

• Why Me?

What makes you the best candidate to carry

out this idea? What resources do you have

that can help you bring this concept to life

successfully?

Only when you can answer all these

questions to your satisfaction can you

go on to set up your company and start

trading in the marketplace

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Questions, Comments or Clarification?

Contact: Maverick Mentoring For Business

Email: peter@maverickmentoringforbusiness.com.au

Phone: 61 3 9005 8275