EVALUATION OF NEW BUSINESS IDEA
A business idea works effectively or fails badly or crawls slowly. A realistic approach is to start business planning from the perspective that the new business ideas won’t work. The technique will develop pragmatic mindset and proactive behavior towards business idea. The entrepreneur / executive will see threats, opportunities, strengths and weaknesses, in right perspective. If the idea survives and accumulates tangible support, then you have robust idea, now it is time to develop the business plan and move quickly towards execution.
A business idea works effectively or fails badly or crawls slowly. A realistic approach is to start business planning from the perspective that the new business ideas won’t work. The technique will develop pragmatic mindset and proactive behavior towards business idea. The entrepreneur / executive will see threats, opportunities, strengths and weaknesses, in right perspective. If the idea survives and accumulates tangible support, then you have robust idea, now it is time to develop the business plan and move quickly towards execution.
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