1- Startup costs
Many startups fails for financial reasons. Startup finance and money management are the key indicators for the future success of a company.
2- Market size
Market size will indicate your market share. Market share is defined as the market size that is controlled by a company.
Who are the competitors? What is their market share? Is there a monopoly in the business space that you are competing? Are you competing within a specialized niche market?
If we view a startup as a car, then passion is like fuel for it. Passion defines the philosophy of your startup. It makes you keep moving forward after facing many challenges.
5- Background and expertise
As a CEO, you should be on top of the competition. You should constantly read to be informed about the hottest trends in your business. A great team with the right expertise is crucial for your business.
Your business should add value to society and solve a problem. Vishen Lakhiani, the CEO of Mindvalley, believes that some companies are plus-humanity and some other companies are minus-humanity.
The most important players in the scalability equation are business model, market size, competition, and growth potential (demand) for the service or product that you are presenting to your customers.