The 'new' 4 way test

This was inspired by the 'Rotary Club 4 way test' which is pretty good but I like mine a lot more. Any new venture I contemplate will have to pass this test before I will seriously consider it. This strikes me as a wondeful way to ensure success? What do you think?

I also got thinking about failed projects and quickly realized that if I had applied this test, I would have never started them in the first place. I challenge you to look back at some failed project in your past and put it to my test? Would it have passed?

I'm going to print it off and put it on the wall by my desk as a reminder.