Setting key milestones for your startup

The question “What do you want to be when you grow up” is a simple for kids to answer but not so for start-up entrepreneurs. In a recent session I had with some of them, when the question was posed on their start-up milestones, it was only silence in the room.

In a random succession thereafter, they raised three questions: What are startup milestones, what should the entrepreneur consider while forming them and why are they so important?