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Is the industry you're planning on entering highly profitable? If so in recent history has there been an increase in new entrants? What are the

Is the industry you're planning on entering highly profitable? If so in recent history has there been an increase in new entrants?
What are the barriers to entry? Economies of scale, strong brands, capital requirements, management team.
Are providing a unique business model? A new approach to the industry?
Start contemplating what the moat around your business is going to be.Is the industry you're planning on entering highly profitable? If so in recent history has there been an increase in new entrants?
What are the barriers to entry? Economies of scale, strong brands, capital requirements, management team.
Are providing a unique business model? A new approach to the industry?
Start contemplating what the moat around your business is going to be.

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