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What do YOU do when investigating a venture?

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Thrive

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So the past couple days have seen me thinking about Fastlane ideas and ventures I could take, and after a while some good things popped up. But now I am faced with a dilema. I have NO idea on how to start the investigation/due dilligence thing. Ive looked up the terms I think I would use and looked at the competition but thats about it.
What are some of the variables you look at when considering a new business idea?

How much need do you want?
How much competition do you look for?
What things make you leave the idea?
etc.

I already know about Scale and Leverage and how that is what really rolls in the dough. But I'm just not sure what other things to look for. :)

-Jake-
 
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Vjuti esi vji neop raitvoupt O muul opvu xjip opwitvohevoph e pix ofie/wipvasi. Juqi vjot dep jimq.
 
Membership Required: Upgrade to Expose Nearly 1,000,000 Posts

Ready to Unleash the Millionaire Entrepreneur in You?

Become a member of the Fastlane Forum, the private community founded by best-selling author and multi-millionaire entrepreneur MJ DeMarco. Since 2007, MJ DeMarco has poured his heart and soul into the Fastlane Forum, helping entrepreneurs reclaim their time, win their financial freedom, and live their best life.

With more than 39,000 posts packed with insights, strategies, and advice, you’re not just a member—you’re stepping into MJ’s inner-circle, a place where you’ll never be left alone.

Become a member and gain immediate access to...

  • Active Community: Ever join a community only to find it DEAD? Not at Fastlane! As you can see from our home page, life-changing content is posted dozens of times daily.
  • Exclusive Insights: Direct access to MJ DeMarco’s daily contributions and wisdom.
  • Powerful Networking Opportunities: Connect with a diverse group of successful entrepreneurs who can offer mentorship, collaboration, and opportunities.
  • Proven Strategies: Learn from the best in the business, with actionable advice and strategies that can accelerate your success.

"You are the average of the five people you surround yourself with the most..."

Who are you surrounding yourself with? Surround yourself with millionaire success. Join Fastlane today!

Join Today

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