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Evaluate Your Business Direction

Worksheet To Scale Your Profitability

13 Ways to Know if You Are in the Right


Business, Product Or Service

Assess the points below for your business, product or service


that you are currently building or want to pursue in the future, and
rate each one of them on a scale of 1-10; 10 is the most likely.

1 Market It has to have a potential market, or you are solving a


problem that people need to be solved. Don't solve a
problem that doesn't need to be solved. Does it have a
high repeat buy?

2 Passion & You need to enjoy doing this business because passion
Energy and energy are what will keep you going during the
challenging times so you don't quit. Are you passionate &
energized about it?

3 Profit It needs to be profitable and deliver a high net profit. Does


it make you money?

4 Knowledge How much do you know about this business? Do you


& Skills have enough expertise & skills related to it? How
knowledgeable are you in this business?

5 Capital Is it a capital-intensive business? Is it matching your


current financial status? How easy is it to finance this
business?

6 Delivery & How easy can you deliver or fulfill this product or service
Fulfillment to customers? How easy is it for you to build it, create it,
perform it, ship it?

7 Sales How easy can you sell this product or service? How easy
Potential can you get people to pay you?

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8 Sustainability Can you keep doing this business or selling the product &
service over and over again?

9 Scalability & Can you automate or replicate it quickly? Can you


Automation franchise or automate it? Can you delegate
it to your team to do the job so you can scale bigger and
faster?

10 Work-Life Does it fit your lifestyle? Does it have a convenient


Balance location? Is it close to your family or the people you love?
Is it matching your usual routine? Does it fit your ideal
working day and lifestyle?

11 Risk How risky is it to pursue this venture? What's the financial


risk, time risk, effort risk?

12 Test & Survey How fast and easy is it to test your business? Can you
test a minimum valuable product quickly and with little
risk? Can you survey the market easily?

13 Believe What is your overall belief that this business, product or


service will work?

Step 1: Write down your current or potential business, product or


service in the first column of the following worksheet.

Step 2: Rate each of the 13 criteria listed in the worksheet below on a


scale of 1-10, with ten being the most likely, by making a circle around
each score next to each business, product or service that you listed in
column one.

Step 3: After you rate each criterion from 1 to 10, you will come up
with a total score number in the last column. If you evaluate all the
businesses, products, services that you have in mind in the same way
by listing them under each other in the following worksheet, you will
come up with a conclusion regarding which business, product or
service is the right one for you to pursue based on the highest total
score.

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Evaluate Your Dream Business,
Product or Service Worksheet
Business, 1 2 3 4 5 6 7 8 9 10 11 12 13
Knowle- Capital Delivery Sales Sustain Scalabi Work- Risk Test & Believe
Total
Product or Market Passion
&
Profit
& Fulfill Potential lity &
Energy dge ability Life
Automa Balance
Survey
Score
Service & Skills ment
tion
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123 123 123 1234 123 123 123 123 123 123 123 123 123
456 456 456 5678 456 456 456 456 456 456 456 456 456
7 8 9 7 8 9 7 8 9 9 10 7 8 9 7 8 9 7 8 9 7 8 9 7 8 9 7 8 9 7 8 9 7 8 9 7 8 9
10 10 10 10 10 10 10 10 10 10 10 10
__________________________________________________________________________________________________
123 123 123 123 123 123 123 123 123 123 123 123 123
456 456 456 456 456 456 456 456 456 456 456 456 456
789 789 789 789 789 789 789 789 789 789 789 789 789
10 10 10 10 10 10 10 10 10 10 10 10 10
__________________________________________________________________________________________________
123 123 123 123 123 123 123 123 123 123 123 123 123
456 456 456 456 456 456 456 456 456 456 456 456 456
789 789 789 789 789 789 789 789 789 789 789 789 789
10 10 10 10 10 10 10 10 10 10 10 10 10
__________________________________________________________________________________________________
123 123 123 123 123 123 123 123 123 123 123 123 123
456 456 456 456 456 456 456 456 456 456 456 456 456
789 789 789 789 789 789 789 789 789 789 789 789 789
10 10 10 10 10 10 10 10 10 10 10 10 10
__________________________________________________________________________________________________
123 123 123 123 123 123 123 123 123 123 123 123 123
456 456 456 456 456 456 456 456 456 456 456 456 456
789 789 789 789 789 789 789 789 789 789 789 789 789
10 10 10 10 10 10 10 10 10 10 10 10 10
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BONUS: Hey there, AK here, I’m a Business Mentor, Serial Entrepreneur


And The #1 International Bestselling Author of “The Efficientpreneur”

If you want more personal help from my side to help you evaluate, build
& scale your business profitability online with less time, effort and cost
so you can enjoy a fulfilling lifestyle, now you can start your 14 days
FREE private 1on1 business coaching with me personally HERE

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