7 Questions That Every Business Must Answer - Deepstash
7 Questions That Every Business Must Answer

7 Questions That Every Business Must Answer

1. The Engineering Question: Can you create breakthrough technology instead of incremental improvements?

2. The Timing Question: Is now the right time to start your particular business?

3. The Monopoly Question: Are you starting with a big share of a small market?

4. The People Question: Do you have the right team?

5. The Distribution Question: Do you have a way to not just create but deliver your product?

6. The Durability Question: Will your market position be defensible 10 and 20 years into the future?

7. The Secret Question: Have you identified a unique opportunity that others don’t see?

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"A good idea should be like a girl's skirt; long enough to cover the subject and short enough to create interest."

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Top 7 books for Product Managers

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Conducting market research

Analyzing data to make informed decisions

Developing a product roadmap

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Similar ideas to 7 Questions That Every Business Must Answer

Seven questions that every business must answer

Seven questions that every business must answer

  1. The Engineering Question: can you create breakthrough technology instead of incremental improvements? 
  2. The Timing Question: is now the right time to start your particular business? 
  3. The Monopoly Question: are you starting wit...

Seven questions every business must answer

Seven questions every business must answer

  1. Technology - Can you create a breakthrough technology instead of incremental improvements?
  2. Timing - Is now the right time to start your particular business?
  3. Monopoly - Are you starting with a big share of a small market?
  4. ...

7. Ask Questions

The key, however, is to ask open-ended questions . That is, ask questions that don’t have a simple “yes or no” answer.

It’s the difference between Do you like living here? and What do you think about living here? Or the difference between Where did you...

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