After finishing my last stage I have regained that enthusiasm for undertaking that does not let you sleep because your brain does not stop and immediately turns on the light bulbs when you open your eyes to the first ray of light in the morning. formula calculate failure Fotolia photo rights An experience of 5 years as an entrepreneur is not much. Despite my short journey, I have been fortunate to have been part of the creation of different types of projects. It is this diversity that has given me the idea to write this post. Many entrepreneurs who set out to set up a project from scratch are still not aware that there are different types of risks depending on the business idea you want to carry out. There are many possible types of projects but the 2 that I present to you represent the extreme sides. Contents [ hide ] 1 Project with organic growth potential 2 Project with technological development and great market potential 3 Formula to calculate the risk or probability of failure of a project Project with organic growth potential Those who actively follow my blog still remember that I prefer those projects that are assembled in a simple way by simply taking one step after another. It is unlikely that you will end up with one of these on the list of the richest men in the world but they can become very profitable one day. All my business ideas go through a basic filter.
This type of project is characterized as follows: Degree of consumer email list dependency on third parties : typically low or medium level. The objective of this type of project is not to depend on many favors or external help to be able to set it up. The more steps we can take ourselves the better. Level of knowledge of the market : it should be minimum or medium and better high. It is directly related to the first point. The success of a product depends a lot on knowledge of the sector. Without experience, it is difficult to develop an offer that fits perfectly for the target audience. Necessary investment volume : this type of project does not require an investment of more than 1,000 euros to be carried out. This amount is the limit to be able to speak of a minimum investment because for many this amount is no longer attainable. Project with technological development and great market potential There is a direct relationship between risk and potential income. The higher the first, the higher the second.
It's common sense and doesn't really require much explanation. The projects that have the most potential are not usually the easiest to carry out. Degree of dependency on third parties : the degree of dependency is usually medium or high. Many approvals are required in the biotechnology sector. Even if the development goes well, the company may fail because it does not receive the licenses for its products. Level of knowledge of the market : in this case the minimum is "high". You cannot get into a very complex subject without knowing very well the sector in which you are moving. Even so, a very high knowledge of the market does not guarantee anything. Necessary investment volume : typically these projects require important technological developments. How little are they based on other existing ones but they need investment to acquire equipment, machines, patents, etc.