What are some questions you would ask to evaluate a breakthrough innovative business opportunity?

HN Israel Soto Alicea — Sun, 20 Dec 2015 08:18:43 -0500

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.

Response by CW4 Private RallyPoint Member made Dec 20 at 2015 8:51 AM

CW4 Private RallyPoint Member — Sun, 20 Dec 2015 08:51:28 -0500

Response by LTC Yinon Weiss made Dec 20 at 2015 10:11 AM

LTC Yinon Weiss — Sun, 20 Dec 2015 10:11:28 -0500

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?

Response by CPT Aaron Kletzing made Dec 20 at 2015 11:41 AM

CPT Aaron Kletzing — Sun, 20 Dec 2015 11:41:49 -0500

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?

Response by MAJ Ken Landgren made Dec 20 at 2015 2:06 PM

MAJ Ken Landgren — Sun, 20 Dec 2015 14:06:56 -0500

what is the product and what promises do you convey
how do you sell the product and reach out to customers
how do you secure payments
what are the initial investments to get it up and running today
do you have a secure line of credit
what is your 1-5-10-15 year goals
what are the liabilities if the business fails
do you need employees and what type
what computer networking needs do you need
what is your daily battle rhythm for the company
what is your return on investment ROI
what risks are you expose to

Response by HN Israel Soto Alicea made Mar 14 at 2018 8:07 AM

HN Israel Soto Alicea — Wed, 14 Mar 2018 08:07:29 -0400

The disruptive technology that I have created is Bitcoin. Now I am assigned to create FEDCOIN. What will be in the best interest of the people in America,Bitcoin or Fedcoin?

Response by HN Israel Soto Alicea made Sep 7 at 2019 7:53 AM

HN Israel Soto Alicea — Sat, 07 Sep 2019 07:53:14 -0400

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.