Video Worksheet 13 Does the Idea Get the Green Light

Video Worksheet 13 Does the Idea Get the Green Light

6/01/23




Video Worksheet 13:  Does the Idea Get the Green Light?       Name:____________________________



Objective:  What are some important factors that dictate whether or not your solution will succeed on the market?


Confidence is essential for innovators and entrepreneurs.  A business will more likely succeed when three things line up. 

  1. People need to see the value in the product and be willing to spend money to get it. 
  2. The entrepreneur will invest time and effort to gain a foothold in a market. 
  3. There is an ample investment of money to fund startup costs which includes thoughtful planning. 


Vocabulary:


Confidence–A feeling of self-assurance arising from one’s appreciation of one’s own abilities or qualities 


After-watching debrief: 

 

  1. What are some potential indicators of a “RED light” for an idea?





  1. What are some potential indicators of a “GREEN light” for an idea?





  1. If the feedback doesn’t give the GREEN light, instead of being disappointed, what do successful entrepreneurs and innovators do next?






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