Some people call it being a deal junkie, shiny object chasing and a lot of other things but the truth is, entrepreneur addiction is a real thing. I should know, I suffer from it like most people suffer from drugs, alcohol or social media. I am on business number
16 and I have to liberate myself by saying I think I've had enough. However, that's a lie because I still want to jump on a good idea more often than most people shower, and I still get that jump in my heart when I hear that good idea. Fortunately, as I've collected what feels like three lifetimes of experience, I've become considerably more choosy, but the addiction is still there.
Part of the problem is that it has become so easy to have entrepreneur addiction because it's so easy to start a business. That ease has a lot to do with the available technology for starting a business, but once you've started two or three the risk and pain associated with a go/no go decision has been dulled. So, besides all of the standard due diligence questions you would consider such as strategic advantage/differentiator, overhead, cash flow, blah blah blah, I now ask myself three simple grounding questions :
Three simple questions to cure a whole world of pain, money loss and wasted time while also curbing my overwhelming entrepreneur addiction.