Podcast
Episode 03: True Opportunities.
There is a real difference between a great idea and a true business opportunity. Ideas are a dime-a-dozen but legitimate opportunities to start and grow a business are much more complex. So, how does one take that great idea you had sitting on your couch watching TV and turn it into a thriving business? It's all about the execution.
There are several factors that can help take a simple idea and see if it can become a true business opportunity. Five of these factors can be found in the acronym N.E.R.C.M. which stands for Need, Experience, Resources, Customers, and Model. The more these factors exist in your business, the higher your probability for success. So, how do you make sure these factors are incorporated into your idea? Check out this episode to find out.
Host
Jay Glauser
Entrepreneur / Podcaster / Filmmaker
Episodes
- Episode 00: An introduction.
- Episode 01: Start with a clear sense of purpose.
- Episode 02: Build on what you know.
- Episode 03: Launch opportunities not ideas.
- Episode 04: Develop your supporting cast.
- Episode 05: Maximize all available resources.
- Episode 06: Work with zealous tenacity.
- Episode 07: Build a community of raving fans.
- Episode 08: Pivot to multiple revenue streams.
- Episode 09: Serve your broader community.