HOW TO DISCOVER YOUR PATH IN ENTREPRENEURSHIP
Entrepreneurship path means : a roadmap or steps to take or critical questions to reflect upon. Consider these as vital questions to ask yourself .
1: Industry Focus: What industry are you passionate about or experienced in (e.g., technology, fashion, agriculture)?
2: Skill Sets: What are your core skills and expertise? (e.g., coding, design, marketing)
3: Business Model: What kind of business model are you pursuing? (e.g., product-based, service-based, subscription)
4: Target Market: Who is your primary audience or customer base? (e.g., consumers, businesses, specific demographic groups)
5: Value Proposition: What unique value or solution does your business offer? (e.g., convenience, innovation, sustainability)
6: Resources and Tools:What resources or tools are essential for your business? (e.g., technology, creative materials, agricultural equipment)
7: Personal Interests: What are your personal interests and passions? (e.g., sports, health, education)
8: Goals and Vision: What are your long-term business goals and vision? (e.g., scaling globally, creating social impact)
9: Market Trends: What are the current trends and demands in your industry? (e.g., tech advancements, sustainability focus)
10: Innovation and Creativity: How innovative or creative is your business idea? (e.g., groundbreaking technology, unique fashion designs)
11: Problem-Solving: What problems or pain points does your business address? (e.g., efficiency issues, lack of access)
12: Networking and Connections: Who are your current network and connections? (e.g., industry experts, mentors, potential partners)
13: Regulatory Environment: What are the regulatory considerations in your industry? (e.g., health regulations, environmental laws)
14: Financial Considerations: What are your funding and financial requirements? (e.g., investment needs, revenue models)
15: Scale and Impact: What is the potential scale and impact of your business? (e.g., local, national, global reach)
16: Technology Use: How integral is technology to your business operations? (e.g., essential, supportive, minimal)
17: Customer Interaction: How do you interact with your customers? (e.g., online, in-person, through intermediaries)
18: Business Location: Where is your business located or based? (e.g., urban, rural, online)
19: Cultural Relevance: How culturally relevant is your business idea? (e.g., aligns with local traditions, global appeal)
20: Sustainability Focus: How sustainable is your business model and practices? (e.g., eco-friendly, ethical sourcing)
21: Personal Branding: How does your personal brand align with your business? (e.g., known for expertise, influence in the industry)
22: Learning and Growth: How much are you willing to learn and adapt? (e.g., continuous education, adaptability)
23: Risk Tolerance:What is your tolerance for risk in business? (e.g., high-risk high-reward, conservative approach)
24: Team and Leadership: What is your approach to building and leading a team? (e.g., solo, collaborative, hierarchical)
