Startup Thoughts

Thursday, December 29, 2005

9 Business Selection Criteria

A very interesting article by Fabrice Grinda.

Some very important points to keep in mind:
1. Is the market size $1 billion potentially ? Quantify the size...
2. Be very clear on the business model . Have a good sense of the gross and net margins before we start the company.
3. Can you become a top player in your region ??
4. Is it a rapidly growing market ? It garners more media, customer attention.

Barriers to entry can be both technical and business based.


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