Startups-> Take these ideas in considerations as it takes as much time to build a small idea than it does to build a big one !
- Ideas -> Things (No value until it become a thing -> Build!)
- Is your product /service a Feature, Tool or Product ? -> Value
- Launch or Scale feature
- Total adressable or serviceable market & Market at Launch
- State of the Market
- Are you selling to a Mature or Emerging market?
- Pros & Cons of market stages
- Market timing -> Too early or too late
- e.g. is your market mature enough for your product?
- Cost of Customer acquision
- Can you go & acquire Customers at a reasonable economics?
- B2B (you need s.o. to evangelize & sell your product)
- B2C (How do you get people to refer your products)
- Can you go & acquire Customers at a reasonable economics?
- You
- Are you the right persone to deliver this product to this market
- Go and find the right cofounder
- From VC perspective if you try to raise VC money -> Can it be a multi billion € market ?
- Are you the right persone to deliver this product to this market
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