What Are a Few Questions to Ask Oneself Before Starting a Business/Company?

Question

Katerina · Accepted Answer

What does success look like? 
Why am I doing this? Why? 
What do I tell my kids?
Is it aligned with my values?
What do I want to learn from this?

Divya · Answer

@katerinabohlec Thanks

Peter Nguy · Answer

@katerinabohlec - I’ll add a few more to your great list:

- What problem am I solving? If you’re purely in it for the money then you’re bound to fail…
- How much money do you have - ie. run way. The more you have, the longer you can go until you catch a break/get traction = maximising chances of succeeding.
- Do I have a clear picture of what I need to do to begin? Ie. a business plan with clear cost models, revenue forecasts, etc.
- Really helps to have clients or customers going into your launch.

What Are a Few Questions to Ask Oneself Before Starting a Business/Company?

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