Steve Blank

APRIL 8, 2010

He and his co-founder were both PhD’s in applied math who believe they can make some serious inroads on next generation search. Then they had a five-year P&L statement, balance sheet, cash flow and cap table. Why a business plan is different than a business model. Now he had my attention. It’s static.

Business Model 328

Business Model Business Plan Customer Cap Table 328

Occam's Razor

MAY 2, 2017

There are Search people and Content people and Landing Page Optimizers and Cart fixers and Attribution Specialists and more. tearsofpain One way of removing silos and focusing on the entire business is to leverage Acquisition, Behavior and Outcome metrics. Lastly, it pains me how often silos quickly emerge in every company.

Metrics 141

Metrics Acquisition eCommerce Analytics 141

Steve Blank

FEBRUARY 22, 2010

Startups that are searching for a business model need to keep score differently than large companies that are executing a known business model. Yet most entrepreneurs and their VC’s make startups use financial models and spreadsheets that actually hinder their success. Managing the Business.

Balance Sheet 298

Balance Sheet Startup Burn Rate Metrics 298

Steve Blank

JUNE 23, 2016

It’s a lot easier to get these numbers to look great by outsourcing everything, getting assets off the balance sheet and only investing in things that pay off fast. These resulting business models made them look incredibly profitable. They knew how to execute the current business model.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227

Steve Blank

MARCH 4, 2014

The Enterprise: Business Model Execution We know that a startup is a temporary organization designed to search for a repeatable and scalable business model. The corollary for an enterprise is: A company is a permanent organization designed to execute a repeatable and scalable business model.

IRR 335

IRR Startup Business Model Agile 335

Steve Blank

MAY 29, 2019

Steve Blank: When I first starting teaching, the capstone entrepreneurship class was how to write a business plan. Other classes were on how to prep for VC pitches or develop the five year income statements, balance sheets and cash flows or read case studies. but the umbrella term is “mission-driven entrepreneurship.”

Incubator 331

Incubator Lean Programming Government 331

Up and Running

MARCH 11, 2015

I know that one of my colleagues on the line is going to post the link to a great article about how to write a good one-page business plan. You should have a good solid executive summary, you should have full financials, and that means a projected balance sheet, P&L and cash flow. Are you doing an acquisition?

Technical Review 60

Technical Review Software Review Due Diligence Exit Strategy 60