Exercise

In a document or notepad, briefly answer the following questions:

 What are the risks associated with your opportunity?

The Risks associated with my opportunity is that , people might not buy the product or might
want some hard facts.

 Where will you find your first five customers? And your next five?

I find my 1st customers via references, and the next 5 via digital marketing

 Will your new customers be different from your current customers? If so, how?

My new customers will be different from my current ones , as they are more accepting to mind
set change and want to learn new things, or are seekers.

 How easy will it be for you to enter your new market space?

Its moderately easy.

 What price is your market willing to pay?

For my kind of programmes people are willing to pay Rs 40000 to 1 lakh per head.

Is your opportunity feasible?

Closely examine and reflect on your answers to the questions you just answered.

 How difficult was it to answer the questions fully?

Its not been difficult.

 Do you need further information/data to answer fully?

More information is always a need. But right now I know my market digitally.

 Is there anything that appears inconsistent or conflicts with your current business?

no