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“PALM”A simple way to decide on you business ideas?
Business Ideas 101
IS THIS YOU?
I don’t have a business idea?
What business should I start?
Can you recommend a business I should start?
Have a PASSION for the business you create
P
Awesome: be good a what you do
A
Lifestyle providesa work life balance L
The business has to make MONEY
M
• Passion– Have a passion for the business you create
• Awesome– Be good at what you do
• Lifestyle– Ensure it provides your work-life balance
• Money– The business has to make money
Dr. David BozwardSenior Lecturer in Entrepreneurship
Worcester Business SchoolEmail: [email protected]