Wednesday, March 05, 2008

Venn diagram for a successful venture

I do not recall where I originally saw this concept, in other words it is not my own personal invention, but the essence is that a typical successful venture will be the intersection of three elements:

  1. A market for your product or service.
  2. Your passion for your product or service
  3. Your ability to create and deliver your product or service

All three are needed. Your success will be dependent on the degree of overlap of the three factors.

As a Venn diagram, the Venture Venn Diagram, a successful venture exists at the intersection of the three components:

-- Jack Krupansky

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