My suggestion based on experience:
- You will need some capital on the side to start with. Unfortunately its not possible in today’s world to start with 0 captial.
- have a clear roadmap and detailed plan, make sure you have contingency plans in place to reach the same goal but using different strategy.
- never subcontract work to companies wether its needed for marketing, development or anything else as they will hold you back just to waste your money and time.
- gather a
really really solid team in place, make sure they believe in your vision and they are not there only for the money
- you will have a journey like a rollercoaster, enjoy it and never lose focus even when things become not as expected
- some people might disagree with this point but it’s important, do you have at least the basic knowledge of what you are getting yourself into? If your answer is no then you have to really think about it, your solution for this point would be to learn and gather as much knowledge possible on the subject, this could mean years of knowledge gaining. Its good to be both business & technical oriented. Yes you can get employees to do all this work for you but in today’s world many are just looking to make money from the company they work for, they don't care about the vision, you need to have the basic knowledge on the subject to try and minimise this.
- never pay using Crypto or fiat at the staging phase trust me you will need it for the production stage. Try to pay by giving out company shares etc and your own token or so if someone refuses they simply don’t care about the project’s success! If you find it soo hard to get this through then pay only 50% using Crypto and 50% using shares or your project Token if you have one.
Using all the above points create your Minimum working product. Find partners or head to capital ventures in order to fund your next phases of the product. Having all that said the points up of course will be missing many details, I don't guarantee that your project would work. If you believe in your vision 100% then go for it! Wish you a successful journey