WHY EVALUATE OPPORTUNITIES

Evaluating an opportunity

Why do most people miss the few opportunities that knock at their door? Because most people have not been educated on how to evaluate, logically and emotionally, the few opportunities presented to them in their lifetime. 

“Your margin is my opportunity.” – Jeff Bezos

“In the middle of difficulty lies opportunity” ― Albert Einstein

“Innovation is the ability to see change as an opportunity - not a threat.” - Steve Jobs

“Money will always flow toward opportunity, and there is an abundance of that in America.” - Warren Buffett

“Opportunity is missed by most people because it is dressed in overalls and looks like work.” - Thomas A. Edison

“If somebody offers you an amazing opportunity but you are not sure you can do it, say yes – then learn how to do it later!” ― Richard Branson

“Bringing together the right information with the right people will dramatically improve a company's ability to develop and act on strategic business opportunities.” - Bill Gates

1.      Frequency. Great opportunities don’t knock at our door very often. When they do, we ought to pay attention. Be open minded. Pay attention and do due diligence.

2.      Evaluation. Know the why, how, and what of evaluating an opportunity. Ask the right questions. Ask the questions to successful people. Evaluate from inside out not outside in. Go from why to what and not from what to why.

3.      Potential. What is the best and the worst that can happen? What is the upside and the downside? The best opportunities have limited downside and huge upside.

4.      Investment. Why is it a good invest? What is the investment and what is the return? The wrong question to ask is what is the cost? All opportunities require an investment.

5.      Applicability. What does it take to be successful? Is there a process or system I can follow? Is there the right support, a coach or a mentor?

6.      Can I do it? Why and how can I do it? Does it work and will it work for me? If others have succeeded so can you. If no one has succeeded, be the first one to do so.

7.      Timing. Why now? Is it the right time for me to say YES? The time is always right to do the right thing.

Above all, listen to the experts on what can’t be done, then go do it!

Carlos Fontana

Financial and Leadership Coach

(Get out of debt, make more money, pay less taxes)

"Those that take swift action will always leave those that don't breathing the dust"

"The future belongs to those who can see and pursue opportunities before they are obvious"

“Managers influence numbers, leaders influence people by inspiring them to pursue excellence”