Thu 13 Sep 2007
- Does the business idea lend itself to venture capital investment?
- is it the next big thing?
- can it produce 5x-20x return on an investment of 5 million in 3-5 years?
- does it have some sort of infringement protection (network effect, patent, big head start)?
- Are there tiered service levels (e.g. free, basic, pro)?
- How many paying subscribers at what monthly rate do you predict in 1,6,12,18 months? (how did you arrive at your prediction?)
- Are there possibilities for affiliate relationships?
- What variable and fixed costs will you incur?
- How will you advertise and drive traffic to your site?
- How will you handle customer support?
- Is there any inventory to manage?
- How much staff is required? Where will you find the best people?