Hair Brained Ideas

On behalf of my global private investor group, I get asked for my opinion about all manner of new and existing, mature and immature, growth businesses. Time is the scarcity, not money. Here is six reasons for “instant dismissal”:

  1. Opaque and unimpressive value for the customer
  2. Ideal buyers of the product/service/relationship (name, title, organisation, sub-sector, market need) unclear
  3. Intellectual firepower to attract and retain those ideal buyers weak or not clear
  4. Intelligent pricing not self-evident
  5. Reinvestment plan in innovation (people, markets, technology, systems and so forth) unclear or non-existent
  6. Not a seasoned entrepreneur, who has accomplished this exact success before, or not taking advice from one.

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