Do I have the personality, temperament, and mind-set of taking on the world on my own terms?   2. Do I have the required ambiance and resources to devote all my time to my venture?   3. Do I have the required network to seek help and advice as needed?   4. Have I identified and built bridges with experienced mentors to learn from their expertise?   5. Have I identified my target customer base for the initial phase?   6. Have I identified sales and distribution channels?   7. Who are the funding sources I may need to approach to make this big?   8. What technical infrastructure do I need?

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
Section: Chapter Questions
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Answer this one by one

1. Do I have the personality, temperament, and mind-set of taking on the world on my own terms?

 

2. Do I have the required ambiance and resources to devote all my time to my venture?

 

3. Do I have the required network to seek help and advice as needed?

 

4. Have I identified and built bridges with experienced mentors to learn from their expertise?

 

5. Have I identified my target customer base for the initial phase?

 

6. Have I identified sales and distribution channels?

 

7. Who are the funding sources I may need to approach to make this big?

 

8. What technical infrastructure do I need?

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