Tip 6 Choose an Idea not a Monster
If you are thinking of starting your own business then make sure you don't let a Monster loose.
At Choose an Idea I have a few key tips to avoid creating a Monster business. What do I mean by a Monster business. We here are a few points to explain it:-
A business which:-
- Pays you badly
- Pays you sporadically
- Sucks up all your waking hours leaving you exhausted
- Is a job in all but name WITHOUT sick pay, pension, team mates and security.
- Has no potential to grow past your labour
- Is not salable
Don't Choose a Monster Idea it will lead to a Monster Business!
A Monster business is in effect a business you work IN rather than ON.
But a Monster Idea can be just as bad, why because it is a venture you launch with checking
- If it solves a real Pain Point
- If there is a potential tribe of loyal follower-customers
- If it can be scaled up and turned into a process that will work without your direct labour
So give this some thought if you are Choosing an Idea.
Do remember Choose an Idea with Confidence! reduces the risk of business failure X4. So come and talk to us.
Your in Sound Judgement
Michael Allen
Founder - Choose an Idea