- The project selection process begins when you start weighing the advantages
and disadvantages of an opportunity with other opportunities available. In this
exercise it is the favorable response at the very first stage which leads you to
further assess a given business opportunity.
- The process of business opportunity selection however is a continuous one,
requiring exploration from all angles like marketing, finance and infrastructural
facilities until the first decision is reached at.
- In order to facilitate and accelerate this process of decision making, it is
necessary that you are provided with sources of information and right contact
points at the right time. Meeting with successful entrepreneurs, technical
advisors or reference to authoritative data will help you take the final decision.
- Family members support
- Encouragement by friends or relatives
- Faith in the entrepreneur’s own judgment.
Kavungya answered the question on April 24, 2019 at 06:16
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