18 QUESTIONS FOR YOU AND YOUR START UP

18 QUESTIONS FOR YOU AND YOUR START UP

It’s fired up Friday and I’m off to spend a beautiful weekend with my family and friends, but before I do, I wanted to share 18 questions that can help you and your start up get on track to producing loads of fruit!

Have fun and I hope these help! Peace.

  1. Can you summarize the purpose of your business on the back of a business card?
  2. What is the size of your market and is it poised for rapid growth?
  3. What is happening in your target market?
  4. What kind of margins are available in your industry?
  5. Are you targeting a market on the path to $1B potential?
  6. Are you targeting rich customers who will move fast and pay a premium for a unique offering?
  7. What is your customer focus?
  8. Are you providing your customers a simple product with a singular value proposition?
  9. Are you focusing on the one thing that is of burning importance to the customer and delighting them with a solution?
  10. Are you thinking differently and challenging conventional wisdom?
  11. Are you rejecting what is original and creating new novel like solutions?
  12. Are you outwitting your competition?
  13. Are you building a winning team?
  14. Are you attracting an “A” level team?
  15. Are you building an agile plan that allows for flexibility, stealth, and speed? (This is what will help you beat our the big players)
  16. Are you being frugal and only spending on what’s critical?
  17. Are you spending capital on priorities that drive maximum profitability?
  18. Are you seeding your company with little capital so that it forces you to stay discipline and focused?