InvestmentWiki - User contributions [en]

Recruiting Process

2023-01-26T11:00:02Z

Glnb:

The following is a list of steps to be taken during the recruiting process (in this order).

== Recruiting funnel==
* LinkedIn
* Upwork
* Social media

== Job Description ==
The job description should contain:
* Company profile, values and vision.
* Brand description (link to website): look and feel, logo, name.
* Applicant requirements/profile (university degree, experience (highly important), .
* Job Specification: Description of what the applicant would do and be responsible for.
* Application Documents required.

== Standardized Questions ==
These are questions all applicants get at the beginning of the selection process.

== Review of Application Documents ==

== Testing / Verifying Qualifications (every steps sorts out candidates)==
* Tool to display a variety of good attributes anomg which the applicant has to choose.
* Short interviews, 20min: standardized questions, open questions (shows you what the candidates emphasize), career path, vibe.
* Physiological test: maybe (e.g. Ray Dalio: Principles of work)
* Test case (with the best candidates): simulating work activity, standardized and measurable test criteria.

Recruiting Process

2023-01-26T10:58:54Z

Glnb: Created page with " == Recruiting funnel== * LinkedIn * Upwork * Social media == Job Description == The job description should contain: * Company profile, values and vision. * Brand descripti..."

== Recruiting funnel==
* LinkedIn
* Upwork
* Social media

== Job Description ==
The job description should contain:
* Company profile, values and vision.
* Brand description (link to website): look and feel, logo, name.
* Applicant requirements/profile (university degree, experience (highly important), .
* Job Specification: Description of what the applicant would do and be responsible for.
* Application Documents required.

== Standardized Questions ==
These are questions all applicants get at the beginning of the selection process.

== Review of Application Documents ==

== Testing / Verifying Qualifications (every steps sorts out candidates)==
* Tool to display a variety of good attributes anomg which the applicant has to choose.
* Short interviews, 20min: standardized questions, open questions (shows you what the candidates emphasize), career path, vibe.
* Physiological test: maybe (e.g. Ray Dalio: Principles of work)
* Test case (with the best candidates): simulating work activity, standardized and measurable test criteria.

Build your reputation

2023-01-15T13:24:40Z

Glnb: /* Reasons not to use the Investmentwiki */

== Why should i build my reputation in the Investmentwiki? ==

* Traffic. The Investmentwiki is a growing community. Being a central part of it brings in new readers.
* Feedback. Ideas and concepts can be discussed with other investors and improved.
* Credibility. Credibility is gained by transparency and deep engagement in discussions.
* Immutable Track Record. All your thoughts have a timestamp which make your predictions provable. They are linked to your account.
* Ease. You don't have to setup your own website or social media accounts.
* Free. Being a part of the Investmentwiki is and will always be completely free.

Disagree? Use the discussion section to counter any of the above arguments or add new supportive or counterarguments directly to this page.

== Reasons not to use the Investmentwiki ==

* Time. Contributing to the wiki is time consuming which is an opportunity cost if the alternative is to not contribute.

* Alternatives. There might be tools/platforms to build a reputation which give the contributor more visibility.

* Secrecy. For very specific bits of information of which the information hold thinks are not yet priced in it might make sense to not share that information. But this would only apply to situations in which the information holder hasn't yet translated his/her information into a tradable strategy and before he/she has finished building up a position.

Talk:Build your reputation

2023-01-15T13:13:12Z

Glnb:

The first point, traffic, seems to be written from the perfective of the owner of the wiki and not the contribute so I would delete this Point or phrase it differently.

Startup-validation-questions

2022-12-23T16:29:14Z

Glnb: Glnb moved page Startup-validation-questions to Startup Validation

#REDIRECT [[Startup Validation]]

Startup Validation

2022-12-23T16:29:14Z

Glnb: Glnb moved page Startup-validation-questions to Startup Validation

== Criteria ==

* Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

* Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

* A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

* Decent market size (revenue potential)

* Clear exit option.

== Product / Product-Market-Fit / Demand / Market ==

* Has the product gone through iterations? For how long is the product already in its current iterati#on?

* Can you sketch the growth curve during the different product interaction stages?

* Can you quantify the demand for your product?

* How big is the total addressable market? How large is the serviceable available market?
* Which % marketshare do you think you can obtain and hold longterm. Why?
* How do you market your product? How high are your Costumer acquisition costs and costumer lifetime value?

== Team ==

==== Motivation ====

* How long is the Team already working together? How did you find each other?
* Do Team members share the same values and goals? Are we able to see any friction points among the team members?
* What is background situation of the team members. Can they afford to pursue their goals for an extended amount of time with little or no compensation?
* Does any of the core team members have a side hustle or is this startup even the side hustle?
* Is the team genuinely driven by a deep mission and vision or do they want to make a quick buck?

==== Skills ====

* Which previous and relevant experience do team members have?
* Are all necessary skillsets presented in the team to make it a success? If no: Which skills are missing?
* Do we believe that team members have a growth mindset and the ability and passion to excel in their work areas?
== Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors?

* Do you have an unfair/sustainable advantage over your competition?
* In what…

== Financials ==
* What were revenue and costs over the last years/month (since inception)?

* If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

* Are you planning (costly) investments in the near future?

* Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

* Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

* Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== Investment ==
* Do you currently have investors?

* Have you been looking for investors? Who did you talk to before?

* What would you use the money for?

== General ==
* What is currently the limiting factor for growth?

* What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

* Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

* Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:22:20Z

Glnb:

== Criteria ==

* Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

* Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

* A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

* Decent market size (revenue potential)

* Clear exit option.

== Product / Product-Market-Fit / Demand / Market ==

* Has the product gone through iterations? For how long is the product already in its current iterati#on?

* Can you sketch the growth curve during the different product interaction stages?

* Can you quantify the demand for your product?

* How big is the total addressable market? How large is the serviceable available market?
* Which % marketshare do you think you can obtain and hold longterm. Why?

== Team ==

==== Motivation ====

* How long is the Team already working together? How did you find each other?
* Do Team members share the same values and goals? Are we able to see any friction points among the team members?
* What is background situation of the team members. Can they afford to pursue their goals for an extended amount of time with little or no compensation?
* Does any of the core team members have a side hustle or is this startup even the side hustle?
* Is the team genuinely driven by a deep mission and vision or do they want to make a quick buck?

==== Skills ====

* Which previous and relevant experience do team members have?
* Are all necessary skillsets presented in the team to make it a success? If no: Which skills are missing?
* Do we believe that team members have a growth mindset and the ability and passion to excel in their work areas?
== Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors?

* Do you have an unfair/sustainable advantage over your competition?
* In what…

== Financials ==
* What were revenue and costs over the last years/month (since inception)?

* If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

* Are you planning (costly) investments in the near future?

* Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

* Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

* Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== Investment ==
* Do you currently have investors?

* Have you been looking for investors? Who did you talk to before?

* What would you use the money for?

== General ==
* What is currently the limiting factor for growth?

* What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

* Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

* Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:21:19Z

Glnb:

== Criteria ==
* Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

* Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

* A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

* Decent market size (revenue potential)

* Clear exit option.

== Product / Product-Market-Fit / Demand / Market ==

* Has the product gone through iterations? For how long is the product already in its current iteration?

* Can you sketch the growth curve during the different product interaction stages?

* Can you quantify the demand for your product?

* How big is the total addressable market? How large is the serviceable available market? How large is the serviceable obtainable market?

== Team ==

==== Motivation ====

* How long is the Team already working together? How did you find each other?
* Do Team members share the same values and goals? Are we able to see any friction points among the team members?
* What is background situation of the team members. Can they afford to pursue their goals for an extended amount of time with little or no compensation?
* Does any of the core team members have a side hustle or is this startup even the side hustle?
* Is the team genuinely driven by a deep mission and vision or do they want to make a quick buck?

==== Skills ====

* Which previous and relevant experience do team members have?
* Are all necessary skillsets presented in the team to make it a success? If no: Which skills are missing?
* Do we believe that team members have a growth mindset and the ability and passion to excel in their work areas?
== Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors?

* Do you have an unfair/sustainable advantage over your competition?
* In what…

== Financials ==
* What were revenue and costs over the last years/month (since inception)?

* If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

* Are you planning (costly) investments in the near future?

* Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

* Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

* Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== Investment ==
* Do you currently have investors?

* Have you been looking for investors? Who did you talk to before?

* What would you use the money for?

== General ==
* What is currently the limiting factor for growth?

* What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

* Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

* Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:19:10Z

Glnb:

== Product / Product-Market-Fit / Demand / Market ==

* Has the product gone through iterations? For how long is the product already in its current iteration?

* Can you sketch the growth curve during the different product interaction stages?

* Can you quantify the demand for your product?

* How big is the addressable market?

== Team ==

==== Motivation ====

* How long is the Team already working together? How did you find each other?
* Do Team members share the same values and goals? Are we able to see any friction points among the team members?
* What is background situation of the team members. Can they afford to pursue their goals for an extended amount of time with little or no compensation?
* Does any of the core team members have a side hustle or is this startup even the side hustle?
* Is the team genuinely driven by a deep mission and vision or do they want to make a quick buck?

==== Skills ====

* Which previous and relevant experience do team members have?
* Are all necessary skillsets presented in the team to make it a success? If no: Which skills are missing?
* Do we believe that team members have a growth mindset and the ability and passion to excel in their work areas?
== Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors?

* Do you have an unfair/sustainable advantage over your competition?
* In what…

== Financials ==
* What were revenue and costs over the last years/month (since inception)?

* If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

* Are you planning (costly) investments in the near future?

* Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

* Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

* Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== Investment ==
* Do you currently have investors?

* Have you been looking for investors? Who did you talk to before?

* What would you use the money for?

== General ==
* What is currently the limiting factor for growth?

* What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

* Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

* Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:16:02Z

Glnb: /* Investment */

== Product / Product-Market-Fit / Demand / Market ==

* Has the product gone through iterations? For how long is the product already in its current iteration?

* Can you sketch the growth curve during the different product interaction stages?

* Can you quantify the demand for your product?

* How big is the addressable market?

== Criteria ==
* Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

* Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

* A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

* Decent market size (revenue potential)

* Clear exit option.

== Team ==

==== Motivation ====

* How long is the Team already working together? How did you find each other?
* Do Team members share the same values and goals? Are we able to see any friction points among the team members?
* What is background situation of the team members. Can they afford to pursue their goals for an extended amount of time with little or no compensation?
* Does any of the core team members have a side hustle or is this startup even the side hustle?
* Is the team genuinely driven by a deep mission and vision or do they want to make a quick buck?

==== Skills ====

* Which previous and relevant experience do team members have?
* Are all necessary skillsets presented in the team to make it a success? If no: Which skills are missing?
* Do we believe that team members have a growth mindset and the ability and passion to excel in their work areas?
== Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors?

* Do you have an unfair/sustainable advantage over your competition?
* In what…

== Financials ==
* What were revenue and costs over the last years/month (since inception)?

* If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

* Are you planning (costly) investments in the near future?

* Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

* Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

* Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== Investment ==
* Do you currently have investors?

* Have you been looking for investors? Who did you talk to before?

* What would you use the money for?

== General ==
* What is currently the limiting factor for growth?

* What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

* Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

* Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:15:42Z

Glnb: /* Financials */

== Product / Product-Market-Fit / Demand / Market ==

* Has the product gone through iterations? For how long is the product already in its current iteration?

* Can you sketch the growth curve during the different product interaction stages?

* Can you quantify the demand for your product?

* How big is the addressable market?

== Criteria ==
* Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

* Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

* A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

* Decent market size (revenue potential)

* Clear exit option.

== Team ==

=== Motivation ===

* How long is the Team already working together? How did you find each other?
* Do Team members share the same values and goals? Are we able to see any friction points among the team members?
* What is background situation of the team members. Can they afford to pursue their goals for an extended amount of time with little or no compensation?
* Does any of the core team members have a side hustle or is this startup even the side hustle?
* Is the team genuinely driven by a deep mission and vision or do they want to make a quick buck?

=== Skills ===

* Which previous and relevant experience do team members have?
* Are all necessary skillsets presented in the team to make it a success? If no: Which skills are missing?
* Do we believe that team members have a growth mindset and the ability and passion to excel in their work areas?
== Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors?

* Do you have an unfair/sustainable advantage over your competition?
* In what…

== Financials ==
* What were revenue and costs over the last years/month (since inception)?

* If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

* Are you planning (costly) investments in the near future?

* Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

* Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

* Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== Investment ==
* Do you currently have investors?

* Have you been looking for investors? Who did you talk to before?
* What would you use the money for?

== General ==
* What is currently the limiting factor for growth?

* What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

* Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

* Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:15:05Z

Glnb: /* Competition */

== Product / Product-Market-Fit / Demand / Market ==

* Has the product gone through iterations? For how long is the product already in its current iteration?

* Can you sketch the growth curve during the different product interaction stages?

* Can you quantify the demand for your product?

* How big is the addressable market?

== Criteria ==
* Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

* Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

* A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

* Decent market size (revenue potential)

* Clear exit option.

== Team ==

=== Motivation ===
+ How long is the Team already working together? How did you find each other?

+ Do Team members share the same values and goals? Are we able to see any friction points among the team members?

+ What is background situation of the team members. Can they afford to pursue their goals for an extended amount of time with little or no compensation?

+ Does any of the core team members have a side hustle or is this startup even the side hustle?

+ Is the team genuinely driven by a deep mission and vision or do they want to make a quick buck?

=== Skills ===
+ Which previous and relevant experience do team members have?

+ Are all necessary skillsets presented in the team to make it a success? If no: Which skills are missing?

+ Do we believe that team members have a growth mindset and the ability and passion to excel in their work areas?
== Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors?

* Do you have an unfair/sustainable advantage over your competition?
* In what…

== Financials ==
* What were revenue and costs over the last years/month (since inception)? 2022: Revenue 1.2m, 200k plus, + What are projections (3 years ahead) for revenue and cost and what are these projections based on?

* If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

* Are you planning (costly) investments in the near future?

* Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

* Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

* Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== Investment ==
* Do you currently have investors?

* Have you been looking for investors? Who did you talk to before?
* What would you use the money for?

== General ==
* What is currently the limiting factor for growth?

* What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

* Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

* Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:14:07Z

Glnb: /* General */

== Product / Product-Market-Fit / Demand / Market ==

* Has the product gone through iterations? For how long is the product already in its current iteration?

* Can you sketch the growth curve during the different product interaction stages?

* Can you quantify the demand for your product?

* How big is the addressable market?

== Criteria ==
* Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

* Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

* A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

* Decent market size (revenue potential)

* Clear exit option.

== Team ==

=== Motivation ===
+ How long is the Team already working together? How did you find each other?

+ Do Team members share the same values and goals? Are we able to see any friction points among the team members?

+ What is background situation of the team members. Can they afford to pursue their goals for an extended amount of time with little or no compensation?

+ Does any of the core team members have a side hustle or is this startup even the side hustle?

+ Is the team genuinely driven by a deep mission and vision or do they want to make a quick buck?

=== Skills ===
+ Which previous and relevant experience do team members have?

+ Are all necessary skillsets presented in the team to make it a success? If no: Which skills are missing?

+ Do we believe that team members have a growth mindset and the ability and passion to excel in their work areas?
== Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors? AND OPEN

* Do you have an unfair/sustainable advantage over your competition? INDIRECT COMPETITORS: EMAIL AUTOMATION (RETURN IN INVEST)
* In what…

== Financials ==
* What were revenue and costs over the last years/month (since inception)? 2022: Revenue 1.2m, 200k plus, + What are projections (3 years ahead) for revenue and cost and what are these projections based on?

* If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

* Are you planning (costly) investments in the near future?

* Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

* Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

* Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== Investment ==
* Do you currently have investors?

* Have you been looking for investors? Who did you talk to before?
* What would you use the money for?

== General ==
* What is currently the limiting factor for growth?

* What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

* Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

* Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:13:17Z

Glnb: /* Investment */

== Product / Product-Market-Fit / Demand / Market ==

* Has the product gone through iterations? For how long is the product already in its current iteration?

* Can you sketch the growth curve during the different product interaction stages?

* Can you quantify the demand for your product?

* How big is the addressable market?

== Criteria ==
* Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

* Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

* A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

* Decent market size (revenue potential)

* Clear exit option.

== Team ==

=== Motivation ===
+ How long is the Team already working together? How did you find each other?

+ Do Team members share the same values and goals? Are we able to see any friction points among the team members?

+ What is background situation of the team members. Can they afford to pursue their goals for an extended amount of time with little or no compensation?

+ Does any of the core team members have a side hustle or is this startup even the side hustle?

+ Is the team genuinely driven by a deep mission and vision or do they want to make a quick buck?

=== Skills ===
+ Which previous and relevant experience do team members have?

+ Are all necessary skillsets presented in the team to make it a success? If no: Which skills are missing?

+ Do we believe that team members have a growth mindset and the ability and passion to excel in their work areas?
== Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors? AND OPEN

* Do you have an unfair/sustainable advantage over your competition? INDIRECT COMPETITORS: EMAIL AUTOMATION (RETURN IN INVEST)
* In what…

== Financials ==
* What were revenue and costs over the last years/month (since inception)? 2022: Revenue 1.2m, 200k plus, + What are projections (3 years ahead) for revenue and cost and what are these projections based on?

* If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

* Are you planning (costly) investments in the near future?

* Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

* Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

* Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== Investment ==
* Do you currently have investors?

* Have you been looking for investors? Who did you talk to before?
* What would you use the money for?

== # General ==
+ What is currently the limiting factor for growth?

+ What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

+ Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

+ Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:12:48Z

Glnb: /* Financials */

== Product / Product-Market-Fit / Demand / Market ==

* Has the product gone through iterations? For how long is the product already in its current iteration?

* Can you sketch the growth curve during the different product interaction stages?

* Can you quantify the demand for your product?

* How big is the addressable market?

== Criteria ==
* Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

* Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

* A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

* Decent market size (revenue potential)

* Clear exit option.

== Team ==
* How long is the Team already working together? How did you find each other?
* Does any of the core team members have a side hustle or is this startup even the side hustle?

== Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors? AND OPEN

* Do you have an unfair/sustainable advantage over your competition? INDIRECT COMPETITORS: EMAIL AUTOMATION (RETURN IN INVEST)
* In what…

== Financials ==
* What were revenue and costs over the last years/month (since inception)? 2022: Revenue 1.2m, 200k plus, + What are projections (3 years ahead) for revenue and cost and what are these projections based on?

* If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

* Are you planning (costly) investments in the near future?

* Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

* Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

* Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== # Investment ==
+ Do you currently have investors?

+ Have you been looking for investors? Who did you talk to before?

+ What would you use the money for?

== # General ==
+ What is currently the limiting factor for growth?

+ What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

+ Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

+ Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:10:57Z

Glnb:

== Product / Product-Market-Fit / Demand / Market ==

* Has the product gone through iterations? For how long is the product already in its current iteration?

* Can you sketch the growth curve during the different product interaction stages?

* Can you quantify the demand for your product?

* How big is the addressable market?

== Criteria ==
* Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

* Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

* A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

* Decent market size (revenue potential)

* Clear exit option.

== Team ==
* How long is the Team already working together? How did you find each other?
* Does any of the core team members have a side hustle or is this startup even the side hustle?

== Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors? AND OPEN

* Do you have an unfair/sustainable advantage over your competition? INDIRECT COMPETITORS: EMAIL AUTOMATION (RETURN IN INVEST)
* In what…

== # Financials ==
+ What were revenue and costs over the last years/month (since inception)? 2022: Revenue 1.2m, 200k plus, + What are projections (3 years ahead) for revenue and cost and what are these projections based on?

+ If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

+ Are you planning (costly) investments in the near future?

+ Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

+ Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

+ Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== # Investment ==
+ Do you currently have investors?

+ Have you been looking for investors? Who did you talk to before?

+ What would you use the money for?

== # General ==
+ What is currently the limiting factor for growth?

+ What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

+ Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

+ Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:10:25Z

Glnb: /* Team */

Startup Validation

2022-12-23T16:10:06Z

Glnb: /* Team */

== Criteria ==
* Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

* Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

* A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

* Decent market size (revenue potential)

* Clear exit option.

== Team ==
* How long is the Team already working together? How did you find each other?
* Does any of the core team members have a side hustle or is this startup even the side hustle?

<nowiki>#</nowiki> Product / Product-Market-Fit / Demand / Market

* Has the product gone through iterations? For how long is the product already in its current iteration?

* Can you sketch the growth curve during the different product interaction stages?

* Can you quantify the demand for your product?

* How big is the addressable market?

== Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors? AND OPEN

* Do you have an unfair/sustainable advantage over your competition? INDIRECT COMPETITORS: EMAIL AUTOMATION (RETURN IN INVEST)
* In what…

== # Financials ==
+ What were revenue and costs over the last years/month (since inception)? 2022: Revenue 1.2m, 200k plus, + What are projections (3 years ahead) for revenue and cost and what are these projections based on?

+ If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

+ Are you planning (costly) investments in the near future?

+ Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

+ Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

+ Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== # Investment ==
+ Do you currently have investors?

+ Have you been looking for investors? Who did you talk to before?

+ What would you use the money for?

== # General ==
+ What is currently the limiting factor for growth?

+ What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

+ Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

+ Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:09:23Z

Glnb: /* Criteria */

== Criteria ==
* Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

* Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

* A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

* Decent market size (revenue potential)

* Clear exit option.

== Team ==
+ How long is the Team already working together? How did you find each other?

+ Does any of the core team members have a side hustle or is this startup even the side hustle?

<nowiki>#</nowiki> Product / Product-Market-Fit / Demand / Market

+ Has the product gone through iterations? For how long is the product already in its current iteration?

+ Can you sketch the growth curve during the different product interaction stages?

+ Can you quantify the demand for your product?

+ How big is the addressable market?

== Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors? AND OPEN

* Do you have an unfair/sustainable advantage over your competition? INDIRECT COMPETITORS: EMAIL AUTOMATION (RETURN IN INVEST)
* In what…

== # Financials ==
+ What were revenue and costs over the last years/month (since inception)? 2022: Revenue 1.2m, 200k plus, + What are projections (3 years ahead) for revenue and cost and what are these projections based on?

+ If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

+ Are you planning (costly) investments in the near future?

+ Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

+ Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

+ Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== # Investment ==
+ Do you currently have investors?

+ Have you been looking for investors? Who did you talk to before?

+ What would you use the money for?

== # General ==
+ What is currently the limiting factor for growth?

+ What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

+ Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

+ Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:08:58Z

Glnb: /* Competition */

== Criteria ==
1. Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

2. Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

3. A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

4. Decent market size (revenue potential)

5. Clear exit option.

== Team ==
+ How long is the Team already working together? How did you find each other?

+ Does any of the core team members have a side hustle or is this startup even the side hustle?

<nowiki>#</nowiki> Product / Product-Market-Fit / Demand / Market

+ Has the product gone through iterations? For how long is the product already in its current iteration?

+ Can you sketch the growth curve during the different product interaction stages?

+ Can you quantify the demand for your product?

+ How big is the addressable market?

== Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors? AND OPEN

* Do you have an unfair/sustainable advantage over your competition? INDIRECT COMPETITORS: EMAIL AUTOMATION (RETURN IN INVEST)
* In what…

== # Financials ==
+ What were revenue and costs over the last years/month (since inception)? 2022: Revenue 1.2m, 200k plus, + What are projections (3 years ahead) for revenue and cost and what are these projections based on?

+ If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

+ Are you planning (costly) investments in the near future?

+ Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

+ Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

+ Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== # Investment ==
+ Do you currently have investors?

+ Have you been looking for investors? Who did you talk to before?

+ What would you use the money for?

== # General ==
+ What is currently the limiting factor for growth?

+ What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

+ Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

+ Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:08:46Z

Glnb: /* Team */

== Criteria ==
1. Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

2. Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

3. A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

4. Decent market size (revenue potential)

5. Clear exit option.

== Team ==
+ How long is the Team already working together? How did you find each other?

+ Does any of the core team members have a side hustle or is this startup even the side hustle?

<nowiki>#</nowiki> Product / Product-Market-Fit / Demand / Market

+ Has the product gone through iterations? For how long is the product already in its current iteration?

+ Can you sketch the growth curve during the different product interaction stages?

+ Can you quantify the demand for your product?

+ How big is the addressable market?

== # Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors? AND OPEN

* Do you have an unfair/sustainable advantage over your competition? INDIRECT COMPETITORS: EMAIL AUTOMATION (RETURN IN INVEST)
* In what…

== # Financials ==
+ What were revenue and costs over the last years/month (since inception)? 2022: Revenue 1.2m, 200k plus, + What are projections (3 years ahead) for revenue and cost and what are these projections based on?

+ If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

+ Are you planning (costly) investments in the near future?

+ Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

+ Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

+ Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== # Investment ==
+ Do you currently have investors?

+ Have you been looking for investors? Who did you talk to before?

+ What would you use the money for?

== # General ==
+ What is currently the limiting factor for growth?

+ What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

+ Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

+ Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:08:13Z

Glnb: /* Criteria */

== Criteria ==
1. Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

2. Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

3. A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

4. Decent market size (revenue potential)

5. Clear exit option.

== # Team ==
+ How long is the Team already working together? How did you find each other?

+ Does any of the core team members have a side hustle or is this startup even the side hustle?

<nowiki>#</nowiki> Product / Product-Market-Fit / Demand / Market

+ Has the product gone through iterations? For how long is the product already in its current iteration?

+ Can you sketch the growth curve during the different product interaction stages?

+ Can you quantify the demand for your product?

+ How big is the addressable market?

== # Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors? AND OPEN

* Do you have an unfair/sustainable advantage over your competition? INDIRECT COMPETITORS: EMAIL AUTOMATION (RETURN IN INVEST)
* In what…

== # Financials ==
+ What were revenue and costs over the last years/month (since inception)? 2022: Revenue 1.2m, 200k plus, + What are projections (3 years ahead) for revenue and cost and what are these projections based on?

+ If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

+ Are you planning (costly) investments in the near future?

+ Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

+ Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

+ Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== # Investment ==
+ Do you currently have investors?

+ Have you been looking for investors? Who did you talk to before?

+ What would you use the money for?

== # General ==
+ What is currently the limiting factor for growth?

+ What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

+ Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

+ Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?

Startup Validation

2022-12-23T16:06:36Z

Glnb: /* # Criteria */

== # Criteria ==
Strong team who worked together for 6m+, ideally with experience in industry most relevant to the project.

Proven demand, ideally in the form of paying customers, ideally with a strong growth curve.

A business model with an unfair advantage that prevents competition from eroding margins in the future (if idea has proven successful) and gives pricing power.

Decent market size (revenue potential)

Clear exit option.

== # Team ==
+ How long is the Team already working together? How did you find each other?

+ Does any of the core team members have a side hustle or is this startup even the side hustle?

<nowiki>#</nowiki> Product / Product-Market-Fit / Demand / Market

+ Has the product gone through iterations? For how long is the product already in its current iteration?

+ Can you sketch the growth curve during the different product interaction stages?

+ Can you quantify the demand for your product?

+ How big is the addressable market?

== # Competition ==

* What are your two biggest direct competitors and who are your two biggest indirect competitors? AND OPEN

* Do you have an unfair/sustainable advantage over your competition? INDIRECT COMPETITORS: EMAIL AUTOMATION (RETURN IN INVEST)
* In what…

== # Financials ==
+ What were revenue and costs over the last years/month (since inception)? 2022: Revenue 1.2m, 200k plus, + What are projections (3 years ahead) for revenue and cost and what are these projections based on?

+ If you are not cash flow positive do you know how long your cash will last? 9m month run away cash,

+ Are you planning (costly) investments in the near future?

+ Do you know what your customer acquisition costs (CAC) and your customer lifetime (CLV) is

+ Are you well prepared on the tax front (monthly payment of payroll tax, VAT) to avoid unexpected tax payments? What processes do you have in place for accounting/ tax and how automated are these?

+ Checklist here (starting with "1. How to start Finance?"): <nowiki>https://www.florianhuber.de/blog/know-your-numbers-finance-and-controlling-in-early-stage-startups/</nowiki>

== # Investment ==
+ Do you currently have investors?

+ Have you been looking for investors? Who did you talk to before?

+ What would you use the money for?

== # General ==
+ What is currently the limiting factor for growth?

+ What would you say are the biggest weak points of you business model? What would you say are the biggest risks when investing in your company?

+ Do you see a way to grow faster (or more sustainably) by making certain investments (hiring developers, hirings sales reps, advertising)?

+ Where do you personally think you have the biggest blind spot and is there a team member who covers it for you?