12 simple questions to ask to quickly understand any business.
A screenshot essay pulled from the excellent meta question posed by @patrick_oshag.
As a thread, below.
                    
                                    
                    A screenshot essay pulled from the excellent meta question posed by @patrick_oshag.
As a thread, below.
                        
                        
                        The following questions will help to deeply understand a company as quickly as possible. But how you ask these questions is critical; stay simple, seek understanding, be brief. https://twitter.com/JimRaymount/status/1326228403536728066">https://twitter.com/JimRaymou...
                        
                            
                            
                            
                        
                        
                        
                        
                                                
                    
                    
                                    
                    
                        
                        
                        To open the conversation:
1. What problem does the company solve? Why does this problem persist? - @jlowin
2. What’s the most important thing to understand about this business? - @JimRaymount
                    
                                    
                    1. What problem does the company solve? Why does this problem persist? - @jlowin
2. What’s the most important thing to understand about this business? - @JimRaymount
                        
                        
                        3. What is your special insight or edge? - @lpolovets 
4. What is difficult about the business that someone inexperienced would find surprising? - @BrentBeshore
                    
                                    
                    4. What is difficult about the business that someone inexperienced would find surprising? - @BrentBeshore
                        
                        
                        To dig into value creation:
5. Who loves your product? Who hates it? Why? - @vijaygoel
6. What is a feature request that you get a lot, but that you will never build? - @AliBHamed
                    
                                    
                    5. Who loves your product? Who hates it? Why? - @vijaygoel
6. What is a feature request that you get a lot, but that you will never build? - @AliBHamed
                        
                        
                        To understand competition:
7. What are you doing that your competitors aren’t doing yet? - @FiveAcesCapital
8. Which current or potential competitors are you most worried about and how will you keep them at bay? - @lpolovets
                    
                                    
                    7. What are you doing that your competitors aren’t doing yet? - @FiveAcesCapital
8. Which current or potential competitors are you most worried about and how will you keep them at bay? - @lpolovets
                        
                        
                        9. If you had one bullet, which competitor would you shoot with it? - @Post_Market /  @joshk
                        
                        
                        
                        
                                                
                    
                    
                                    
                    
                        
                        
                        To understand operations:
10. Where& #39;s the mess? - @researchpuzzler
11. What are the 2-3 key metrics that management looks at to drive the business? - @matthuang
                    
                                    
                    10. Where& #39;s the mess? - @researchpuzzler
11. What are the 2-3 key metrics that management looks at to drive the business? - @matthuang
                        
                        
                        To close the conversation:
12. What is one thing we didn’t ask of bring up that you feel is important to properly understand the true potential here? - @asenkut / @felicis
                    
                                    
                    12. What is one thing we didn’t ask of bring up that you feel is important to properly understand the true potential here? - @asenkut / @felicis
                        
                        
                        If you learned something from this screenshot essay and thread, please like/retweet. 
Follow this account for weekly threads and screenshot essays that distill practical and important concepts.
Back to the top: https://twitter.com/JimRaymount/status/1330967686931767299?s=20">https://twitter.com/JimRaymou...
                    
                
                Follow this account for weekly threads and screenshot essays that distill practical and important concepts.
Back to the top: https://twitter.com/JimRaymount/status/1330967686931767299?s=20">https://twitter.com/JimRaymou...
 
                         Read on Twitter
Read on Twitter 
                             
                                     
                                    