Overall I think this is a decently cohesive and useful bit of advice.

However, I sense a bit of a disconnect between point 5 (Website) and point 7 (Financial Projections); if you don't even have a product out to users, how do you have any grounds on which to make 3-5 year user growth, revenue, or expense predictions? This reminds me of the typical "where do you see yourself in 5 years" interview question.