One of the most dangerous traps an entrepreneur can fall into is to get unfocused and spread thin across too many things they can do. The old saying is a mile wide and an inch deep. An entrepreneur friend once told me that the venture capitalist that funded him made him see the wisdom of “focusing like the point of a pencil” to get one product to market, because entrepreneurs consistently underestimate how much energy and focus it takes to accomplish that feat.
Due Diligence List has over 2,000 good due diligence questions organized under fourteen major functional areas of the business. There is also a sister book, Leaders Ask Good Questions, which has the same questions organized alphabetically.