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7 questions a startup needs to ask itself

Innovating is not just about improving the present, it needs a different future. 7 questions not to lose the euphoria of the beginnings of a startup.

Updated on

24/4/2020

7 Questions a Startup Needs to Ask Happy Desk
Photo by rawpixel on Unsplash
"Innovating is not just improving the present, we need to look at a different future. Create the startup that will revolutionize the world of tomorrow."

Ask yourself the right questions to start your startup. The questions below come from the book "Zero to One, by Pieter Thiel (co-founder Paypal) and Blake Masters. Amazon link

Creating a startup is a perfect symbiosis between Innovation, Passion and Web-Success.

However, the euphoria of the first few months can very quickly subside for various reasons.

- The initial idea is not convincing in the eyes of the public,
- it takes a budget to make a profit,
- competition is already jostling,...

That's why there are 7 fundamental questions for a startup to succeed in its project to bring together a team with a common vision to change the world.

Here are the 7 questions to ask yourself:

1. The technical question:

Can you create state-of-the-art technology instead of incremental improvements?

2. The question of timing:

Is it time to start your business?

3. The issue of monopoly:

Do you start with a large share of a small market?

4. The question of people:

Do you have the right team?

5. The question of distribution:

Do you have a way to not just create but deliver your product?

6. The question of sustainability:

Will your market position be defensible in the next 10 and 20 years?

7. The secret question:

Have you identified a unique opportunity that others don't see?

(Credit: Masters, Blake. Zero to One. Ebury Publishing. Kindle edition.)

Conclusion
Having the idea is ultra simple, creating it is quite different. Creating a startup is a dream come true. If you are carrying out your projects, there are also steps to follow so that you can hope for success. There are no half measures, you have to innovate radically and go through with your project and not let go.

Come back to this page whenever you want. Have you found any advice that I might have forgotten when writing? If so, what are they? Leave a comment below or email hello@happydesk.be
Kevin Palombo, Happy Desk Manager

Most entrepreneurs have an inefficient website with no clear message. So I created a 5-step process that is to create a custom and connected website to achieve your successful web. See Happy Desk

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