You're lost.
You have too many ideas and too little time.
How to choose what to pursue.
//THREAD//
You have too many ideas and too little time.
How to choose what to pursue.
//THREAD//
Don't worry, most entrepreneurs are at this same impasse.
Some daily.
I was.
Some daily.
I was.
Then I had to decide.
What am going to pursue?
This is my process.
What am going to pursue?
This is my process.
First,
You need to do a self-assessment.
Get clear on your:
-Skills
-Experience
-Strengths
-What you love
-Weaknesses
-What you don't enjoy
You need to do a self-assessment.
Get clear on your:
-Skills
-Experience
-Strengths
-What you love
-Weaknesses
-What you don't enjoy
Second,
Evaluate the opportunity based on these key factors:
-Impact
-Profit potential
-Learning curve
-Risk
-Environment
-Creativity
-Stress
-Overhead
Evaluate the opportunity based on these key factors:
-Impact
-Profit potential
-Learning curve
-Risk
-Environment
-Creativity
-Stress
-Overhead
Spend enough time on each to make a decision.
But don't sit on this for days.
My suggested time frame is to spend 1 hour on each.
Then on another day review and decide.
But don't sit on this for days.
My suggested time frame is to spend 1 hour on each.
Then on another day review and decide.
You can create a chart and see which it hits.
Rank each category 1-5 and determine a number you need to reach in order to pursue the opportunity.
Rank each category 1-5 and determine a number you need to reach in order to pursue the opportunity.
Remember,
The opportunity of a lifetime is only available for the lifetime of that opportunity.
The opportunity of a lifetime is only available for the lifetime of that opportunity.
Lastly,
Send me a DM if you would like the google doc template I used when evaluating my latest opportunity.
Send me a DM if you would like the google doc template I used when evaluating my latest opportunity.