Discerning Opportunities

Started by Moses joel Adetokunbo, Monday, 29 May 2023, 02:25 PM

Previous topic - Next topic

0 Members and 1 Guest are viewing this topic.

istockphoto-946966034-612x612.jpg

Opportunity assessment is an important skill, as it's crucial to ensure that you're pursuing the right opportunities and avoiding unsuitable ones. That being said, it's important to understand the potential of each opportunity before making a decision and taking action.

To start, it's important to develop an understanding of the different aspects of the opportunity - what it entails, what resources are necessary, what challenges it has, etc. Once this is done, you can then evaluate the opportunity in terms of mutual benefits to all parties involved, potential returns, and risk assessment.

Additionally, researching the competition around the opportunity can provide unique insights and allow you to gain a better understanding of the potential returns and success rate of the opportunity. It's also important to consider the timeline of the opportunity, as this can keep you on track and can also help you evaluate the anticipated challenge and success.

Overall, opportunity assessment is a crucial skill and should be taken seriously. It's important to approach it with due diligence and deliberate thought so that you can realize the potential of the opportunity and set yourself up for success

©Moses Joel Adetokunbo