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Take this test to predict your success:

Berkonomics

Email readers, continue here…] Have you created high barriers to entry? Some great ideas just can’t make money and ultimately die for lack of profit potential. Do you have a world-class management team? Can you translate an idea into a compelling product? Are margins high enough?

Patents 156
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Can you guess 10 tests for your success?

Berkonomics

Email readers, continue here…] Have you created high barriers to entry? Some great ideas just can’t make money and ultimately die for lack of profit potential. Do you have a world-class management team? Can you translate an idea into a compelling product? Are margins high enough?

Patents 286
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So, what’s a company board good for, anyway?

Berkonomics

Or the important one: “Is this idea on mission?” Some ideas sound unbelievably creative – and may be that. But sometimes there is a barrier, an impossibly high cost not considered, a social backlash never thought of, or competition already covering the idea that is unknown to the originator. Is this idea sustainable?”

Company 156
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What’s a company board good for, anyway?

Berkonomics

Or the important one: “Is this idea on mission?” Some ideas sound unbelievably creative – and may be that. But sometimes there is a barrier, an impossibly high cost not considered, a social backlash never thought of, or competition already covering the idea that is unknown to the originator. Is this idea sustainable?”

Company 243
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Once again: Is it the jockey or the horse?

Berkonomics

Do they bet on the entrepreneur (jockey) or the business idea and plan (the horse)? My answer always varies as I examine each deal, sometimes deferring and passing on an investment because of an uneasy feeling about the entrepreneur, even if the business plan seems able to capture the market. Concentrate on a world class team.

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Once again: Is it the jockey or the horse?

Berkonomics

Do they bet on the entrepreneur (jockey) or the business idea and plan (the horse)? My answer always varies as I examine each deal, sometimes deferring and passing on an investment because of an uneasy feeling about the entrepreneur, even if the business plan seems able to capture the market. Concentrate on a world class team.

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Here are ten vision tests for your success

Berkonomics

Email readers, continue here…] Can you dominate that market? Some great ideas just can’t make money and ultimately die for lack of profit potential. Do you have a world-class management team? Can you translate an idea into a compelling product? A core patent or “thicket” of patents protecting your offering?

Patents 291