Do you know if your idea is an opportunity? Dr. Frank Koe from Penn State discuss how you’ll know and how you can profit from it!

When is an idea an opportunity? 

Questions to Ask:

1. Does your idea solve a problem or improve on an existing product or service?

2. Does it offer value for the customer? Why would someone want to buy your idea?

3. Is there a market? How large is it?

4. Is your idea unique?

5. Can you make money?

6. Can your idea be produced?