Summary

The goal of this chapter has been to identify those key non-technical things that you need to do to start a technical business, assuming you already know the requirements for building your product. Starting a technical business is not rocket science, but it does require an understanding of many key legal, financial, and marketing expectations. Attention to due diligence on the challenges of incorporation, stock issuance, accounting, website naming, and social media setup are just as critical to your success as getting your technical product right.

Now that these have been carefully evaluated and resolved, it's time to focus on a business plan. The next chapter will tell you what you need to know about the requirements for a business plan, as well as the specific elements that have to be addressed for potential investors and strategic partners, and just for managing your own team. Let's get started.