1. People
  2. Market
  3. Product
  4. Distribution

The first two, product and market, seem to be the most important when starting out as a new venture. It’s the only thing you can judge before there’s a solid product or revenue.

The last two, product and distribution, is what will set you apart from other companies in the market. If you have a better product and are more effective and efficient and distributing it, you will win.