socaldude
Saturn Sedan and PT Cruiser enthusiast.
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James,
You have started several successful companies. Can you share with us your thought process or checklist or criteria or important variables you go through to maximize the chances of starting a successful company. Hopefully that makes sense.
For example here at the Fastlane Forum we use "CENTS", an acronym from the book: The Millionaire Fastlane
N= Need, your product or service must be of value or benefit to others to warrant the transfer of money between parties.
E= Entry, there must be barriers to entry.
C= Control, you must control vital variables that influence your business.
S= Scale, it must be a scalable business, instead of just being able to sell 10 units, you need to be able to sell 100,000.
T= Time, the business must be able to become a self existing organism on its own to free you of time bondage.
Thanks,
You have started several successful companies. Can you share with us your thought process or checklist or criteria or important variables you go through to maximize the chances of starting a successful company. Hopefully that makes sense.
For example here at the Fastlane Forum we use "CENTS", an acronym from the book: The Millionaire Fastlane
N= Need, your product or service must be of value or benefit to others to warrant the transfer of money between parties.
E= Entry, there must be barriers to entry.
C= Control, you must control vital variables that influence your business.
S= Scale, it must be a scalable business, instead of just being able to sell 10 units, you need to be able to sell 100,000.
T= Time, the business must be able to become a self existing organism on its own to free you of time bondage.
Thanks,
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