How do you know if your new business idea is profitable?
Does it solve a problem in the community or society?
What need do you intend to solve with your product or services?Is there a clear need for such a business idea in that environment currently?
Does the business provide new and better solution to an existing issue or problem?
What solutions are you bringing to the table with your service or product that will make customers or clients look your way for consideration.
Are you meeting a need?
Is my solution unique or am I competing with those who have provided a solution to the problem?
Are you adding value to the community in a specific way through the launch of your business?Have you realised your target customer’s needs?Have you proferred solutions to meet their individual uniqueness?
Finally,what unique angle am I bringing in to the table?
You may have to ask your self the following questions to be a sucessful entrepreneur.
I remember clearly when I decided on the need to own a blog,it was scary and so many thoughts went through my mind.
Questions like you are an introvert,you don’t have the expertise to run an impactful blog.
Like ,how will I connect with them through my articles?
Will anyone ever like or even read my blog?
I did it scared..
My name is Bridget Idowu with a BSc second class honours in geology from a reputable Nigerian University.
I resigned from my employment at the bank in order to spend quality time in nurturing my kids both academically and physically.
I realised my analytical as well as problem solving skills will pay off later in the life of my children.
I was determined to see to it, that they had a good start academically in life.Thus,I spent quality time preparing them for preschool at home in my own little way.
This paid off quite well ,as they hit the ground running in literacy,numeracy,writing,arts and crafts.
I knew they had creativity and something more in them.
They could do it and I put them to the task.
I knew I had to take that bold step ,I had to launch out into the deep.
I had to do it scared anyway.
So,you may have been in my shoes wondering if your new business or online course will succeed?
Ask yourself the following questions and ruminate on it.
Cheers to a successful weekend.