The 23 Most Important Questions in Business
A few years ago we came across Forbes' The 23 Most Important Questions in Business and it really resonated with us. It is now a number of years old but it is still a handy gut-check. If you'd like to dive into the nuts and bolts of the original article, you can view it here. In the meantime, below is the quick & dirty synopsis:
- How committed am I?
- What's my value proposition?
- Am I clearly communicating my value proposition?
- Is my product/service a real business?
- What differentiates my product from the competition?
- How much power do my customers have?
- How much power do my suppliers have?
- Does my business have a moat around it?
- What’s my appetite for risk?
- What’s the smartest way to fund my operation?
- Am I outsourcing the right tasks?
- Who is my role model?
- Am I measuring the right things?
- Do I have the right people?
- Are incentives aligned with business goals?
- Do I have the right customers?
- Are my assumptions still reasonable?
- Do I have a good lawyer?
- Am I truly harnessing technology?
- Am I thinking big enough?
- Can the business function day-to-day without me?
- Am I avoiding the tough decisions?
- Am I burned out?
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Content by Mark Bakker, Inbox's Chief Technology Officer.
Topics: Business