5 Step Venture eMentoring Program™
Module 2a: Personal Preferences Inventory
The logical first steps for developing a business idea are to conduct a personal preferences inventory and a personal skills inventory. The more nearly the business matches with your interests and strengths, the more likely you are to be happy in the operation, which is usually a strong additional impetus for success.
For the Personal Preferences Inventory Worksheet, look at your hobbies, volunteer experience, and leisure activities. What do you like to do? What don't you like to do? What interests you? What makes you happy? With the necessary business knowledge, something you take pleasure in doing could be a viable business idea for you. Use the following worksheet to start organizing your ideas.
Instructions: Read this list carefully, complete the form, and be as honest with yourself as possible. Your answers will help to identify potential business ideas. Once completed, review this list and talk it over with someone else - your partner, mentor or counselor. Using this as a basis for discussion can often uncover other issues affecting the business development process.