Starting Up: Challenges and Must Haves

The challenges are

  1. Cognitive: coming up with and constantly tweaking an idea till it works
  2. Emotional: Patience, pluck, leadership, risk taking ability, staying together
  3. Financial: Conserving cash till the idea is proved. Finding the right investor
  4. Competitive: Establishing and sustaining advantage through customer relationships, brand, patents, copyrights

Must Haves:

great team, workable idea( not necessarily the big bang, but an idea that with massaging can go somewhere), potentially big market,  linkages with suppliers, partners, customers, incubators, government.

Good luck!

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