CHAPTER 13
Isolating Start-Ups and Strategic Rules
The Rainmaker has a different approach to identifying critical success factors for start-ups from those success factors for established businesses. So before looking at general rules for strategy implementation, the difference between start-ups and established companies is highlighted.
Start-Ups versus Established Companies
Start-Ups
Summary of critical success factors for start-ups
Number |
Description |
1 |
Identify an opportunity. |
2 |
Conduct market research. |
3 |
What makes this opportunity different? |
4 |
What strategy tool do you use to draft your business model? |
5 |
What is your strategy? |
6 |
Conduct feasibility. |
7 |
Draft a business plan. |
8 |
Carefully ... |
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