My success criteria for a startup are as follows –
- No Invention Required
I am not as patient as Edison was in inventing the lightbulb. - The Market Exists
It is much simpler to address an existing need than to create a need, pet rocks excepted. - Channel Sales and Self-Service Sales
Direct selling is hard work. - Sales and Marketing Driven
Geeks make products for geeks not the masses. - Recurring Revenues/Subscriptions
Sell once, collect many. - Let the Customer Tell You What They Will Pay For
Let them pay you to build it for them.