Part I: Work Background
What is your background?
Part II: First-Hand Experience
You might have the right background, but have you gone through these necessary experiences?
Been kicked in the groin by a major, long-lasting economic downturn, so that you know how powerless you are. (+ 1 point)
Worked at successful startup, so that you can speak first-hand about the ecstasy of entrepreneurship. (+ 1 point)
Worked at a failed startup, so that you understand three things: first, how hard it is to achieve success; second, that the world doesn’t owe you a thing; and third, what it’s like to be fired or laid off. (+ 3 points)
Worked at a public company, so that you know what the end goal looks like, warts and all. (+ 1 point)
Held a CEO postion, so that you have this fantasy experience out of your system and will not try to run the startup from a board position. (+ 2 points)
Been an angel investor with your own money, so that you understand the fiduciary responsibility of investing other people's money. (+ 2 points)
Part III: Necessary Real-World Knowledge
Can you answer these questions for entrepreneurs?
How do I introduce a product with no budget? (+ 2 points)
How do I determine if there’s really market demand for my product? (+ 1 point)
What do I do if customers hate our first product? (+ 1 point)
How do I get Walt Mossberg to return my call? (+ 2 points)
How do I get to the folks who run Demo? (+ 1 point)
How do I get a plug in TechCrunch? (+ 1 point)
How do I get the folks at Fox Interactive to return my call? (+ 1 point)
How do I dominate a segment when there are five other companies doing essentially the same thing? (+ 2 points)
How much time, energy, and money should I spend on patent protection? (+ 1 point)
We bet on the wrong architecture for our product, what do I do now? (+ 2 points)
What kind of people should I hire: young, old, unproven, proven, cheap, expensive, local, remote? (+ 1 point)
How do I get them to leave their current jobs without throwing a lot of money at them? (+ 2 points)
How do I tell my best friend that he can’t be chief technical officer just because he was a co-founder? (+ 2 points)
How do I get to the buyer at BestBuy to return my call? (+ 1 point)
How do I handle a customer who wants to send back his purchase for a full refund? (+ 1 point)
How do I fire people? (+ 2 points)
How do I lay people off? (+ 2 points)
Your VCAT Results: The Hard Truth
continue
yes
no
