1. IMO yes. My first action--after carefully sketching and editing a two page business plan--was to seek a team of advisers to provide feedback and advice. 2.

1. IMO yes. My first action--after carefully sketching and editing a two page business plan--was to seek a team of advisers to provide feedback and advice. 2. No. All I had was an idea, a 2 page document with bullet points outlining the idea and key issues (and seven months experience at an Internet startup following graduation). 3. Right away. I reached out to a co-founder of Google and a partner from Sequoia, both of whom I hadn't met, and they both have been kind enough each week to give me 45 minutes or so over coffee or the phone. Along with two friends I've known for the past two years this advice has been instrumental in helping me get the demo going. CAVEAT: Don't confuse advisers for team members. Although they are great and essential to have, my team is definitely more key to me.