Executing a great startup business idea is the hardest task for any entrepreneur.  A great business idea is mostly based on a bigger problem that needs to be solved now or an existing solution that can be done better. Most entrepreneurs tend to find solution to their own problem i.e they tend to scratch their own itch.  Most new businesses fail before they even start.

To survive, you need to be passionate about your idea or business, your idea has to be simple enough to comprehend, you have to know your customer and the market and there has to be something unique about your solution to the problem you have identified. The Founder Institute has put together a great infographic that sums it all. This  infographic explains the 10 rules you will need for a great startup idea.

10-startup-idea-rules-infographic

Founding Editor @Alltopstartups, Contributor @Entrepreneur, Columnist @Inc. Magazine and Curator at Postanly (his free weekly digest of the best life and career improvement posts on the web. Subscribe for free.

1 COMMENT

  1. Very logical and easy to follow – a great framework to structure a business plan around.

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