To solve a problem, find the compelling need using an objective opportunity evaluation screening process by William Lye

The whole idea of using an opportunity evaluation screening process is to stretch one’s thinking away from just looking at starting up any kind of business based on a “gut instinct” or “terrific idea”. How often have we heard this rationalisation?More likely than not, the entrepreneur’s instinct is correct but that comes with deep experience and learning from the “hard knocks” of failures.

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