Business Plan Template
Do You Have a Startup Idea?

-
Will you personally use your product?
-
Can you find 10+ people who are willing to pay for it now?
-
What do you love to do? How different is it from your idea?
-
How painful is the problem you intend to solve?
-
Is your target market big enough to create a real business out of it?
-
What is your revenue model and how realistic is it?
-
How well can the founders execute?
-
Can the founders identify what they need to do, beyond the obvious?
-
How does the customer addresses the problem today?
-
What are the recent trends that make your solution possible?
-
What is the simplest version of this idea?
-
How fast can you take the idea to market?
-
How soon can you build your prototype?
-
What makes your product different?
-
How much money is needed to build your first prototype?
-
Customers will only buy a simple product. Can you explain your product in one sentence?
-
Do you have any advantage over the competitors?
-
Are you passionate enough about the idea to dedicate all your time for the next 1-2 years to your business?
-
How easily can you get access to 2-3 high profile people who can advise you on how to succeed in that target market?
-
Can you convince 1-2 great people to work with you right now?
-
How soon can you scale it?
-
How will it make the world a better place?
-
In what way is it creative, innovative and unique?
-
What opportunities and risks do you face?
-
What is the image on patents?
-
What long-term goals have you set?
-
How is the industry developing (market growth)?
-
What are the key success factors?
-
Why should someone give you money?
-
How will your business survive and grow in the next 5 years?