Take the guesswork out of product development and sales with these tips from folks who are doing it.

By Susie Boghosian and Jinny Fleischman

The distinction is an important one. If you want to actually create a business, you’ll have to establish a real infrastructure to handle the task. If that’s the case, you need to be able to answer “yes” to all of the questions below. If you answer “no” to any questions, you should take the necessary steps to turn that no to a yes before proceeding. These questions include: