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Which of the following is the best use of your time when exploring an idea for a new startup?
Create detailed wireframes or a clickable prototype, and give a product demo to potential users.
Interview potential users to understand the problem you might solve for them and how important a solution is to them.
Pitch investors so that you have the funds to be able to grow your company fast.
Create a media release to attract as much media attention to your startup as possible.
Which of these startup attributes is least likely to contribute to success?
Addressing a large, growing market.
Taking advantage of the domain expertise of the founders.
Remaining a sole founder.
A product that's inherently shareable.
A diverse founding team.
Which of these startup attributes is likely to lead to failure?
Building a product before talking to potential customers.
Keeping the idea a secret until the product is launched.
Taking advice from your cousin, who's a corporate tax lawyer.
Trying to scale the company before you have problem-solution fit.
All of the above.
You must answer all questions before checking your work.
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