Life in Balance: Amit Chaudhary’s Blog
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Questions to ask about your startup or idea from TechStars, the Startup bootcamp from Boulder, CO.

Actually from the TechStars application, but apply when thinking about your startup or idea

• What’s new or different about what you’ll be doing?
• How will your company make money?

• What excites you most about your idea?

• Who are your competitors, or who will they be? Provide any relevant details about them.

• What are the risks in your business? What could go wrong?

• Are any of your ideas hard for competitors to duplicate? Why?

• How long will it take you to complete a working prototype? How long will it take you to complete a marketable product?

• If somebody offered to buy your company at the end of the summer program, how much money would it take to get you to say yes?

• For each founder, please tell us what makes them special or demonstrates that they have what it takes to succeed in your market and company.

• How and when did the founders meet? Have any of the founders worked together before? If so, where and on what? Provide URLs if possible.

• What does entrepreneurship mean to you?