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business model canvas introduction questions

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What kind of startups do you know from your country/city?

How difficult is it to start a new business?

Very difficult – high risk of failure, legal costs, need for finance, and constant trade-offs.

Is it more important to discover a niche market or focus on what is already popular?

How can a startup determine who its potential customers are?

Should a restaurant open where there are no restaurants or where there are lots of restaurants?

What are the most profitable businesses to start?

What types of business have a high failure rate?

Why do so many new businesses fail? What kind of mistakes do people make when starting a new business?

Where can new businesses raise capital from?

What assistance does your government give to new businesses?

What business ideas could you start with little or no capital?

Who would you feel more comfortable investing in: someone with a good idea or someone with a good business mind?

Is it better for the economy to rely on large established businesses or to promote startups?

Besides profit, what might motivate some businesses?

Social impact or a specific cause (e.g., non-profit organizations).

Give an example of a business activity that doesn't directly involve selling a physical product.

Consulting services, house cleaning, or web design.

Why are businesses important in society?

They provide jobs, create products and services that improve our lives, and contribute to the economy.