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Appendix A: Startup Readiness Tool 193

Figure A-1. Four-quadrant framework for new venture success.

FOUNDER    MARKET

EXECUTION  MATH

                   Orienting Questions

O1. Describe your business concept in fifty words or less: What will
     you offer? For whom? What about your idea is most compelling
     and unique?

O2. How many founders are currently involved? If only yourself, are
     you open to bringing co-founders on board, including giving up
     some ownership? Why or why not?

O3. What other stakeholders/partners are involved at this point? Should
     they provide input into this process?

O4. What is the size and scale of your envisioned business? Why?
O5. How far along are you in pursuing the idea?

     9 Contemplating / considering?
     9 Actively planning / researching?

                    American Management Association • www.amanet.org
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