3 ms·
(for product/startup) Strategy - What’s the unique leverage other companies can’t/hard to clone? How to create that moat? - What’s the opportunity cost of bui
by allenleee 5y ago
(for product/startup)
Strategy
- What’s the unique leverage other companies can’t/hard to clone? How to create that moat?
- What’s the opportunity cost of building that moat?
- How to make it compound overtime?
- What are the 2-3 key metrics that I should look at to drive the business?
Product
- Who has this problem? Why is this a problem?
- How are people solving this problem today?
- What effort / timing is required to switch from a different solution to yours?
- Is the product being designed for the customer, or at the customer?
- Can I articulate the idea maze by which I have come up with the current product plan? What data I'm looking for from the market that will let me know if my plans are correct or not?
Distribution
- Is there an unfair distribution advantage
- Customer acquisition channels?
- How has distribution worked so far? What has worked/not worked
- How much does customer acquisition cost? (per channel)
How will I make this money back and how long will it take?
- How scalable are these? How big can I get with the existing product + customer acquisition channels? (At what point do they get saturated or become too expensive and what do I do if/when that happens?)
- What do I plan to do next for distribution?