How well do the following statements describe you and your readiness to launch or grow your startup?
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| 6. |
I have a compelling business idea that I can clearly articulate in 30 seconds or less.
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| 7. |
I understand how well my skills, expertise and personality match up with my business idea.
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| 8. |
I have a plan for shoring up gaps in my skills and knowledge.
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| 9. |
I know what 3-5 major tasks must be accomplished over the next 60 days to ensure success.
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| 10. |
I know who my core customer or user is, what problem I’m solving for them, and what they will pay for my solution.
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| 11. |
The business has a clear competitive advantage, something that sets us apart from the competition.
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| 12. |
I understand the larger industry forces and trends that will impact my success.
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| 13. |
I have a focused, realistic plan for acquiring my first customers and generating adequate early sales.
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| 14. |
I am open to reconsidering my plans based on new data and experiences.
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| 15. |
I have the right team, partnerships, and alliances in place to allow me to do what I do best (and what I enjoy most).
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| 16. |
I have smart, scalable technology in place to manage, distinguish, and grow my business.
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| 17. |
I have trustworthy straight-shooting advisors and mentors who provide challenge as well as support.
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| 18. |
I know what my projected path to profitability looks like—how long it will take to break even.
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| 19. |
I have access to adequate financial resources to carry me through to success.
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| 20. |
I understand how much time will be required to pull this off, and know I can devote the necessary time.
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| 21. |
My immediate family and closest friends are actively supportive of my startup goals and what will be required to achieve them.
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| 22. |
I am spending time on the right priorities and in the right proportion.
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| 23. |
In launching a new business, what do you feel are your greatest strengths/advantages? (list at least 2)
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| 24. |
Looking forward, what are your greatest challenges/concerns (list at least 2)?
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