Posted on Dec 20, 2015
What are some questions you would ask to evaluate a breakthrough innovative business opportunity?
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I have been researching theories and practices pertaining to military transition and inproving living conditions for past and present service members and their families on a Mental, Academic, Professional, and Spiritual level. This business opportunity is more of a research theory model and it targets inclusive entrepreneurship guidelines by the Case Foundation and Everett Rodgers Diffusion of Innovation theory.
Entrepreneurship
Leadership Development
Civilian Career
Support
Transition
Edited 9 y ago
Posted 9 y ago
Responses: 6
Peter Thiel points to 7 questions that a startup must answer to be successful. His book Zero to One goes into each one, and it's a short weekend read that you may find helpful, if for nothing more than self-reflection and focus.
The Engineering Question: Can you create breakthrough technology instead of incremental improvements?
The Timing Question: Is now the right time to start your particular business?
The Monopoly Question: Are you starting with a big share of a small market?
The People Question: Do you have the right team?
The Distribution Question: Do you have a way to not just create but deliver your product?
The Durability Question: Will your market position be defensible 10 and 20 years into the future?
The Secret Question: Have you identified a unique opportunity that others don't see?
The Engineering Question: Can you create breakthrough technology instead of incremental improvements?
The Timing Question: Is now the right time to start your particular business?
The Monopoly Question: Are you starting with a big share of a small market?
The People Question: Do you have the right team?
The Distribution Question: Do you have a way to not just create but deliver your product?
The Durability Question: Will your market position be defensible 10 and 20 years into the future?
The Secret Question: Have you identified a unique opportunity that others don't see?
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I would ask if there is a real market demand for what the breakthrough innovation can provide. Often times technology is far ahead of what people actually even want to have. So my first question would be whether there is a real need for what the innovation provides, and has that idea been adequately tested?
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HN Israel Soto Alicea
There is a need for this innovation because it will completely eliminates the military-civilian divide, eliminates veteran umemployment and poverty, and completely revolutionizes the entrepreneur industry by focusing on building a massive amount of start-up social enterprises aimed at improving living conditions in the military community.
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HN Israel Soto Alicea
Its been adequately tested and scaled. It has gone from an idea,concept, and product/service. It has disrupted and revolutionized the entrepreneur industry for Military-Affiliated Personnel. There has been 2000 tested with a 90% success rate in transition within the first 180 days.
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Im finally back after a few years of proving Im not an enemy of the bank system or Dept of Veteran Affairs. And for the record i am not the creator of Bitcoin(although i am working on creating a crypto currency for war veterans who want to pursue Supportive Self Employmemt Services on behalf of the Veterans Benefits Administration. These are $5 million NO BIDDING CONTRACTS and all you have to do is be a Veteran Service Provider for war veterans(joined after 9/11). This will end the war in Afghanistan.
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