When seeking to invest in a company, often the first thing that comes to mind is: security. After all, you’re investing your hard-earned cash and want to make sure that you’re not being tricked or taken advantage of. While it’s important to look out for these things, there are other matters that must be considered as well. Here are 10 questions you must ask Chris Quinn, Electron Solar’s CEO.
How Does The Businesses Plan To Make Money?
There are two primary ways that a business can make money: sales and profit. The first one is when you buy a product or service from the company and the second one is when you pay a company for a certain service (like legal, accounting, or financial guidance). So, if you’re wondering how a company plans to make money, it’s likely that you’re either going to buy something from them or pay them for some kind of service (which is likely why you’re interested in investing in them). So, to begin with, you might want to ascertain how exactly they intend to sell you their product or provide you with the service you’re paying for.
What Is The Product/Service And How Is It Different From What Exists Now?
You have two choices here: you can either find out what the existing products or services are and see how they’re different from what the company intends to offer you; or you can ask the company to describe the product/service they intend to offer and how it’s different from what you’re already using or considering.
The first option is often called “Informing yourself” and can be an invaluable skill when seeking to understand a business. You will learn a great deal about the industry and what distinguishes this product or service from others. However, sometimes you have to take a leap of faith and buy something new without having tested it out thoroughly beforehand.
How Is The Product/Service Affecting Society At Large?
Products and services that are designed to improve or enhance people’s lives affect society at large in a positive way. When considering an investment, you want to make sure that you’re not helping to hurt society and that you’re not simply going to be benefiting those few people who are already connected to the company. Ideally, you want to help to improve things for the greater good.
What Problems Are The Company Solving?
If you ever wonder why a business exists, you can usually find the answer in one of two places: either the company has solved a problem that previously existed or they’re in the process of solving one.
If you have a problem and you need a solution, then it follows that you’re going to be interested in investing in a company that’s providing you with an effective solution. When considering an investment in a company, you want to make sure that the problem they’re solving is a problem that you’re also facing or will face in the near future. This prevents you from wasting your precious time and resources on a problem that won’t ever be fixed.
What Is The Competition Like?
Besides helping to solve a problem, it’s also important to consider the competition when evaluating a business. You want to make sure that you’re not investing in a company that’s going to compete with you in any way, shape, or form. Sometimes this is easy to determine and sometimes it’s not. If you’re considering investing in a company that provides something unique and solves a problem that isn’t currently being addressed, then it’s usually easy to ascertain who the competition is going to be.
How Is The Company Managed (i.e., Are They Being Honest About Surfaces They Might Not Want To Reveal)?
Another thing you need to consider when investing in a company is whether they’re being honest about the things they don’t want to reveal. You’re essentially paying money to find out what you need to know and sometimes that means taking a leap of faith and purchasing a product or service without having tested it first. If there are parts of the company that you don’t want to advertise or that you think might be a bit shady, then it can be beneficial to find out more about it before making a decision. Sometimes it’s not as easy as it seems and you have to dig deep to find the answers you’re looking for. If you find that parts of the company aren’t what they seem to be, then it might be a good idea to walk away without making an investment.
Does The Company Have A Good Track Record (i.e., Has It Developed A Reputation For Doing Well In Past Projects)?
A good track record is important when seeking to invest in a company. You want to know that they’ve done well in the past and that they’re likely to do well in the future. If you’re considering an investment that you think could potentially go up in value, then it’s important to do your research and make sure you’re not being fooled. Sometimes it’s hard to find the information you need, but if you do some research and ask the right questions, you can usually find the answers you’re looking for and make the right decision for your needs.
How Is The Product/Service Different From What Exists Now?
As mentioned above, it’s important to consider both what the company intends to offer you as well as what you’re already using or have used in the past. Sometimes it’s easy to tell and sometimes it’s not. If you’re not familiar with a specific product or service and you’re not sure how it’s any different from what you’re already using, then it might be a good idea to ask the company for clarification or simply do some research on your own before making a decision.
What Problem Does It Solve?
If you ever wonder why a business exists, you can usually find the answer in one of two places: either the company has solved a problem that previously existed or they’re in the process of solving one. For the purpose of this article, we’ll assume that you’re seeking an investment for the first reason and ignore the second one, as it will make things simpler. If you have a problem and you need a solution, then it follows that you’re going to be interested in investing in a company that’s providing you with an effective solution. When considering an investment in a company, you want to make sure that the problem they’re solving is a problem that you’re also facing or will face in the near future. This prevents you from wasting your precious time and resources on a problem that won’t ever be fixed.
How Is The Customer Relationship/Experience (i.e., How Does The Company Treat Their Clients/Customers)?
Besides helping to solve a problem, it’s also important to consider the customer experience when evaluating a business. You want to make sure that you’re not investing in a company that’s going to rip you off or take advantage of you in any way. It goes without saying that taking advantage of a customer is not in any way a good thing and it can lead to a bad reputation and diminished brand loyalty. So, when seeking to invest in a company, you want to make sure that you’re not going to be facing any form of bad customer service or fraudulent activity. Sometimes it’s hard to find the information you need, but if you do some research and ask the right questions, you can usually find the answers you’re looking for and make the right decision for your needs.
What Is The Legal And Regulatory Framework (e.g., Does The Business Have To Sell To The Government, Are They A Registered Trademark, Etc.)?
It’s important to consider the legal and regulatory framework when seeking to invest in a business. You want to make sure that you’re not putting yourself or your personal assets in harm’s way. Sometimes these legal matters can be difficult to find out about and it’s important to be aware of them before making any decision. If you’re not sure, then it might be a good idea to ask the company for clarification or simply do some research on your own before making a decision.
What Is The Market Size, Market Share, And Growth Potential?
There are a few important things you need to consider when seeking to invest in a company. The first and most important one is the market size. You want to make sure you’re not buying a small portion of a large market. It’s also important to consider the market share, as well as the growth potential. You want to make sure you’re not buying something that’s already dominated by larger companies or something that’s not going to be able to grow much in the foreseeable future.