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Sandile Shabangu
Sandile Shabangu  
4 yrs

Questions you must ask yourself before starting any business: -

Is the market growing?

Can I do this for 10 years?

What is my competitive advantage?

How much investment is needed?

Am I the right person for this?

Where will I get my first customers?

How will I make profit?

What's the endgame?

You should be able to answer EVERY question objectively. If you do that, you will avoid almost all risk related to businesses. And you should be able to answer these questions at every stage of the business, not just at the beginning.

#startupmzansi #startupquestions

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