Just 3 ?'s to Ask .... Starting a new VENTURE is Risky

Every successful business begins with a great idea — but how do you know when you've found the right one?

Ben Koren, founder and CEO of Frameology, tells Business Insider he had at least 15 ideas for a business before settling on one for a website that prints and frames photos.

Questions you should ask yourself before starting a business - Business Insider:

1. 'Does this solve a problem that real people have?'

While it's a simple concept, Koren says it's also quite powerful: To build a successful business, you need to solve a problem — it's the surest way to get someone to pay you.


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2. 'Is the market opportunity compelling enough?'

"Most people think that you need a large market for a business idea to be compelling," Koren says. "That's false!"

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3. 'Can I do this better than anyone else?'

"This is perhaps the most important question that most entrepreneurs overlook," Koren says.

He explains that if you're solving a real problem in a compelling market, people will want to copy you — the key to success is being able to do it better than your competition.

Do you have the time, commitment and focus to become the best?

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Have an AWESOME day

Murray Guy @Lean_tobe_Green

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