The Chris LoCurto Show 309 | 5-Step Framework to Evaluate New Business Opportunities
Jan 15, 2019
31:52
Some of you may want to acquire a business or some of you may want to start a franchise and become an entrepreneur. Some of you may want to add a new revenue stream or division to your company...
Is your business idea a golden opportunity or a distraction?
Here's how to discern if your newest opportunity is a winning strategy, or a harmful distraction: https://chrislocurto.com/5-step-framework-to-evaluate-new-business-opportunities/
Key Takeaways:
Key #1: the VERY first piece you need to know when evaluating winning business opportunities [6:52]
Key #2: how look at every single opportunity as an outside investor [12:22]
Key #3: discovering how to supply the energy a new opportunity requires, so your current money makers don’t suffer [15:22]
Key #4: the personal steps you can take as a leader to make sure it’s a golden opportunity instead of a distraction [22:37]
Key #5: how to uncover if new opportunities align with current strategy [26:02]
Is your business idea a golden opportunity or a distraction?
Here's how to discern if your newest opportunity is a winning strategy, or a harmful distraction: https://chrislocurto.com/5-step-framework-to-evaluate-new-business-opportunities/
Key Takeaways:
Key #1: the VERY first piece you need to know when evaluating winning business opportunities [6:52]
Key #2: how look at every single opportunity as an outside investor [12:22]
Key #3: discovering how to supply the energy a new opportunity requires, so your current money makers don’t suffer [15:22]
Key #4: the personal steps you can take as a leader to make sure it’s a golden opportunity instead of a distraction [22:37]
Key #5: how to uncover if new opportunities align with current strategy [26:02]