From the course: Running a Design Business: Grow Your Business
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Identifying a good opportunity
From the course: Running a Design Business: Grow Your Business
Identifying a good opportunity
- We discussed how as a student of your business you have to know what kinds of projects you are good and profitable at. We talked about putting a process in place to help you maximize the amount of work you can handle, and minimize your time on tasks that often can be time consuming. Now, it's time to use these items in order to identify the very best opportunities for you. Take a look at your exercise handout, and let's review the first questions to ask when looking at any project. Will this be fun to do? In other words, is this the type of job that you are good at, or will this stretch you from an ability or process standpoint? You never want to be in a place where you're not showing off your strengths. Will this be profitable? Will I make a desired return or margin? No matter how outwardly attractive a job seems, crunch the numbers. If it won't deliver a financial profit it better return another type of value that makes it worth your time. Is there a culture alignment? Will their…
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