7 questions (that everyone says) that you should ask yourself before starting a business

[ksoftseo]

1. Does my idea solve a problem?
2. Is there a market for your idea?
3. Is your idea monetizable?
4. Are you passionate about this business opportunity?
5. Have you tried your idea?
6. How will I promote my business idea?

 

[JonathanB]

These are great questions. And I'd add a couple more, like:

7. How are my competitors selling? (Imitate then innovate)
8. How am I different than my competitors?
9. How can I potentially partner up with them?

 

[Graybeard]

10. Can I disrupt the incumbent by my value proposition to a neglected market?
11. Do I offer something new to the market or new to an existing market?

In the adult XXX market: How can I be a parasite and cause my competitors to sell out or collapse seems to have been a recently successful plan

 

[Morgzz]

These are great questions. And I'd add a couple more, like:

7. How are my competitors selling? (Imitate then innovate)
8. How am I different than my competitors?
9. How can I potentially partner up with them?

Completely agree Jonathan. Competitors can offer the best insight into the success of a potential business