Skill Jobs Forum

Entrepreneurship Development => Business Select => Topic started by: H. M. Nasim on November 06, 2018, 12:16:59 AM

Title: 9 Business Selection Criteria
Post by: H. M. Nasim on November 06, 2018, 12:16:59 AM
(http://idcee.org/thumbs/480x360/storage/2014/advisory_board/fabrice_grinda.jpg)

Selection Criteria of Fabrice Grinda

1. At least a $1 billion addressable market
This criteria is inherently personal and depends on the entrepreneur's ambition, but there are good reasons to target larger markets:


2. A valid business model understood from the get-go
3. Does not require more than $2 million in seed or $15 million in first round VC money
4. A business where you have a real shot at being one of the top players – at least in the region you are targeting
5. A scalable idea
6. A business with little or no risk of disintermediation and/or margin compression by suppliers and/or customers
7. A business that is in a rapidly growing market
8. An idea that I know how to execute on or can learn how to execute on
9. An idea that I like and want to do!


:) :) :)
Title: Re: 9 Business Selection Criteria
Post by: H. M. Nasim on November 06, 2018, 12:17:42 AM
Source: https://fabricegrinda.com/9-business-selection-criteria/