Newbie Quiz Step 1 of 4 25% Sane 1. Do you understand the difference between working on your business and working in your business?(Required) Yes No 2. Will you be working a day job or side gig while starting your business?(Required) Yes No 3. Is your support circle (partner, family, friends) supportive of your business?(Required) Yes No 4. Can you explain, in under 25 words, your goal for what you want from your business?(Required) Yes No Smart 5. Have you decided what legal structure is best for your goals and financial circumstances?(Required) Yes No 6. Do you have a clear understanding of your target market? (ideal client profile or customer avatar)(Required) Yes No 7. Do you have a marketing plan?(Required) Yes No 8. Do you know who your competitors are, and how you are different from them?(Required) Yes No Scalable 9. Are you taking out a loan to start your business?(Required) Yes No 10. Do you have an accounting software or system set up?(Required) Yes No 11. Do you have a brand kit?(Required) Yes No 12. Do you have a sales funnel (planned or built)?(Required) Yes No Sustainable 13. Do you know what business tasks and activities you will outsource?(Required) Yes No 14. Do you know how many clients or sales you need in a month to reach your target revenue?(Required) Yes No 15. Can you explain the rationale for your pricing strategy?(Required) Yes No 16. Do you have a budget for the next 12 months?(Required) Yes No