1. Strategic Fit:- To possess a chance the market must want what you've got and you would like to be ready to provide it.
2. Business Plan:- Method of writing a business plan actually helps develop a thought into a chance . It forces you to ask and answer hard questions and explore your options.
3. Team:- A thought rarely becomes a chance without a team. No individual has all the knowledge and skills necessary to form the transformation.
4. Leadership:- Once you've got a team, the proper leadership is important to guide the event from idea to opportunity.