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WorksheetsStartup Management Fundamentals
Total questions: 10
Worksheet time: 15mins
What is the most common mistake founders make with a startup idea?
Not solving a real problem
Getting stuck on a tarpit idea
Not evaluating an idea
Waiting for the perfect idea
All are correct
These are three things that make startup ideas seem bad, but actually make them good, EXCEPT..
Hard to get started
Boring space
Existing competitors
Become an expert on something valuable
How can you come up with a good startup idea?
Start with what your team is especially good at
Start with a problem you've encountered
Think of things you personally wish existed
Look for things in the world that have changed recently
All are true
Why is it important to evaluate startup ideas?
To predict if an investor will like the idea
To ensure startup growth
To construct a hypothesis
To find out if the idea is scalable
What is the formula for changing human behavior?
B = M + A + T
Ideal = 1M+ users
Insight = Unfair advantages
Market 20% year
What are the criteria for a problem to be considered as a startup idea?
Popular & urgent
Basic & meaningful
Complicated & big
Easy to solve & urgent
What particular 'insight' a startup needs to give to an investor?
Unfair advantages
Projection
Identity
Solution
When does a startup stop being a startup?
Merger with another company
IPO
Get acquired by another company
All correct
These are the definition of startup, except....
High potential
Relies on technology
Fast growth
Almost impossible to execute
In the beginning of a startup life, the funding system usually uses...
Bootstrapping
Series A
Series B
Series C
