WEEK 13: Relefction
Reflection Week 13 Carrie Walsman This time in my has never been more full of opportunities, and I'm trying to figure out what path to take. I really liked this week in the PDF file we read which was the framework for identifying and exploiting opportunities. In the file it says "The questions associated with the criteria are in a yes/no format. But in fact, there are four possible answers to each question. A “no” is a clear red light. For a clear green light, the entrepreneur should be able to give a “yes,” or, if the economics of the opportunity are reasonably predictable, a qualified “yes.” The potential of an assisted-living venture, for example, can be assessed by looking at such factors as demographics, income, existing competition, and applications for new licenses. Sometimes you may not be sure, either because you lack the necessary information or the information simply isn’t available. If your answer is “need more information,” you must determine whether...