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!

Be Sociable, Share!

Leave a Reply