- For starters, it’s expected that all founders are passionate.
- Experience and expertise in the business area you have choosen
- Bundles of energy and talent.
- The right blend of competency and skills
- Ability to communicate a vision.
- The technical innovator
- The sales specialist
- In a typical startup dedication of its employees is important
- Teams that can learn, adapt and grow together
- Relentlessly resourceful
- Early stage startups are driven by learning.
- Show a significant personal investment
- Pick a business domain that that is devoid of historical high failure rates
- Demonstrate an ability to repay from revenues, not collateral
- You always have to change the idea, so you need a big market.
- Difficult technology that is compounding over time.
- A direct monetization model. Something more than throwing up 10 cent banner ad CPMs.