Remove 2004 Remove Business Plan Remove Naming Remove Operations
article thumbnail

Factual Data On Popular New Venture Success Timelines

Startup Professionals Musings

Based on a small sample of household names from Bill Gates to Mark Zuckerberg, he is an optimist. Six years later, he managed to land a contract with IBM to provide their IBM PC base operating system. But add another five years, and Google had made it, going public in 2004 with a market capitalization of $23B. Very rare case.

article thumbnail

Is the Lean Startup Dead?

Steve Blank

Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. It helped that in the nuclear winter that followed the crash, 2001 – 2004, startups and VCs were extremely risk averse and amenable to new ideas that reduced risk. The result?

Lean 335
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Average Startup Overnight Success Takes Six Years

Startup Professionals Musings

Based on a small sample of household names from Bill Gates to Mark Zuckerberg, he is an optimist. Six years later, he managed to land a contract with IBM to provide their IBM PC base operating system. But add another five years, and Google had made it, going public in 2004 with a market capitalization of $23B. Very rare case.

article thumbnail

6 Tips for Coming Up With Your Million-Dollar Business Idea

Up and Running

With my third business, I didn’t even try to be original—I purchased a custom framing franchise and piggybacked to success on someone else’s name. The company operates on six continents and boasts more than 250,000 graduates worldwide. Have a well-rounded understanding of business. Write it down on a napkin.

Detroit 156
article thumbnail

How Long Should It Take For a Startup to Succeed?

Startup Professionals Musings

Based on a small sample of household names from Bill Gates to Mark Zuckerberg, he is an optimist. Six years later, he managed to land a contract with IBM to provide their IBM PC base operating system. But add another five years, and Google had made it, going public in 2004 with a market capitalization of $23B. Very rare case.

article thumbnail

Can You Beat Amazon In The Race To Overnight Success?

Startup Professionals Musings

Based on a small sample of household names from Bill Gates to Mark Zuckerberg, he is an optimist. Six years later, he managed to land a contract with IBM to provide their IBM PC base operating system. But add another five years, and Google had made it, going public in 2004 with a market capitalization of $23B. Very rare case.

article thumbnail

Every Entrepreneur Dreams of an Overnight Success

Startup Professionals Musings

Based on a small sample of household names from Bill Gates to Mark Zuckerberg, he is an optimist. Six years later, he managed to land a contract with IBM to provide their IBM PC base operating system. But add another five years, and Google had made it, going public in 2004 with a market capitalization of $23B. Very rare case.