you require these , in exactly this sequence

I have made a lot of mistakes not practicing this philosophy:

1. product-market fit ( first act of the startup and usually the second hardest thing) 
2. distribution- (second act and usually the most difficult thing ----- if you don't have product-market fit, you do not require distribution)
3. finance - ( if you do not have distribution or if you can not prove that your distribution model is scalable, you will not require a lot of finance )
4. people - ( if you get the first three things, people will be begging you to allow them on your boat)

test it, and if I turn out to be wrong, then let me know.  I will update my understanding.

acquire knowledge, apply knowledge