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How and why to do a startup, answer these questions

What’s the problem you solve

What’s your unfair advantage

Why do you want to spend the next ten years doing it

What you don’t do well
What you don’t have time to do
What you don’t like to do
What you don’t know how to do

Figure out who is going to do it

Figure out your basic running costs

Figure out your cost to acquire a customer

Figure out what you need and how much it will cost to scale

Figure out how much it is going to cost

Figure out how much you want to invest

figure out how much to need from others

And the bottom line figure out if you really want to do it.

more to follow

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