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What are essential factors in prioritizing business projects

What are essential factors in considering prioritizing projects or programs for building a business?

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In my many years of discussing new businesses with clients, I came to the conclusion that there are three essential factors needed to become an independent and self-employed business person. I call them the three "C" as follows:


This factor includes confidence in yourself or in your idea about a business. It may mean the ability to gather information or understand a market or develop a niche to fill. It is the core idea, the 'light bulb', so to speak, that says, I think I see how I can be successful in a new venture. For some, this might be the hardest part, but for others, they may have always known.


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Solution Summary

In a 428 word solution, the response lists and explains what the author considers the three essential factors necessary for a successful business operation. The solution is cited for further information.