Berkonomics

DECEMBER 22, 2016

One of my company CEO’s recently described his rule for acquisition success, and it resonated with me as a great goal for planning during acquisition exercises. This CEO states that he has made it work twice when acquiring companies, and that is enough for him to make it his rule for all future acquisitions.

Acquisition 48

Acquisition Retention .Net Sales 48

The Startup Magazine

APRIL 19, 2024

While managing a fleet of vehicles helps streamline operations and improve efficiency, it can also result in significant expenses. rise in fleet operating costs in 2022. Implementing a preventive maintenance plan for all vehicles ensures they operate efficiently and safely. This increase contributed to a 21.3% billion in 2022.

Cost 149

Cost Management Massachusetts Acquisition 149

Steve Blank

SEPTEMBER 17, 2013

Todd Branchflower took my Lean LaunchPad class having been entrepreneurial enough to convince the Air Force send him to Stanford to get his graduate engineering degree. True to his word, fast-forward three years and Todd is now Captain Todd Branchflower , teaching computer engineering at the Air Force Academy. ——-.

Lean 262

Lean Technical Review Acquisition Software Review 262

YoungUpstarts

AUGUST 18, 2020

This is a very introductory place to start, but if your company owns the building, machinery, inventory, and/or technology in which it uses to operate, there is often significant value in this in and of itself. Figure Out the Net Assets of the Business. Also, be alert to larger companies that may be trying to buy you out.

Balance Sheet 195

Balance Sheet Valuation Software Review .Net 195

Both Sides of the Table

NOVEMBER 16, 2014

Eventually you need a VP of Product to handle your product roadmap, a CTO for engineering leadership and VPs of sales, marketing & biz dev. They are irritated because they generated a ton of leads at their trade shows, their webinars and through online acquisition and they’re tired of getting blamed for the Patel leads.

CTO Hire 385

CTO Hire Entrepreneur Technical Review Leadership 385

ReadWriteStart

AUGUST 1, 2014

So, too, is the level of competence required to engineer a product. In other words, even an engineering nobody can start a company. Engineers, however, were relatively cheap. Sure, there will still be a need for “10x engineers,” those superwomen and supermen that are “still needed to build the foundation [e.g.,

Engineer 60

Engineer Database Open Source Acquisition 60

Austin Startup

MAY 24, 2021

these solutions can be paired with the cultural adoption of process and operational excellence at companies looking to improve the way their business performs. Funding Follows Growth and Acquisitions The big fundraising event in this space in the first part of 2021 was Camunda and their $100 million series B round.

Cofounder 94

Cofounder Marketing North America Acquisition 94

Berkonomics

JANUARY 5, 2023

The first rule: 10/40: One of my company CEOs recently described his rule for acquisition success, and it resonated with me as a great goal for planning during acquisition exercises. This CEO states that he has made it work twice when acquiring companies, and that is enough for him to make it his rule for all future acquisitions.

Acquisition 62

Acquisition .Net Retention Sales 62

ReadWriteStart

MARCH 8, 2021

They want to snowball their customer acquisition, attracting thousands of new people to the brand, and reach diverse new audiences in new locations. You’ll need money to get all the initial equipment, space, and people required to begin operations. Every startup entrepreneur wants to see their company grow. Memorability. Or is it? .

Startup 127

Startup Retention Acquisition Agile 127

VC Cafe

AUGUST 2, 2022

On the infrastructure side, Epic owns ‘Unreal Engine’ the second most popular 3D graphic engine, and creator of MetaHumans, a digital twin rendering software that can be used to create hyper realistic characters to ‘populate’ the Metaverse. The largest and most popular 3D engine has big plans for the Metaverse.

IP 206

IP Cofounder Valuation Acquisition 206

Steve Blank

NOVEMBER 12, 2019

Rather than focus the university inward on research, Terman took the radical step of encouraging Stanford professors and graduate students to start companies applying engineering to pressing military problems. At times this means startups operate at speeds so fast they appear to be a blur to government agencies.

Government 308

Government Artificial Inteligence Silicon Valley North Korea 308

Steve Blank

JANUARY 5, 2023

compete more effectively through new operational concepts, organizations, and/or strategies. ” Team 3: Acquisition. Class Organization. By week 2 of the class students formed teams around a specific technology challenge facing a US government agency and worked throughout the course to develop their own proposals to help the U.S.

Technical Review 353

Technical Review Artificial Inteligence Technology China 353

YoungUpstarts

JANUARY 7, 2018

The problem, is historically, the investment in time and resources required for traditional digital solutions can feel out of reach, and the type of programs used by corporations aren’t practical for SMBs for daily operations like reporting, inventory, or accounting. apps to manage their operations, up from 3.8 Automation.

Artificial Inteligence 164

Artificial Inteligence Analytics SCRUM Cofounder 164

YoungUpstarts

MARCH 4, 2020

They aren’t operating on big bankrolls of venture capital (at least initially), and they don’t have trust funds to fall back on if the business fails. As a self-directed business owner, you have full control over what the business does next as well as how it operates and how it grows. If they don’t come through, who will?

Entrepreneur 205

Entrepreneur Venture Capital Silicon Valley Bandwidth 205

Startup Professionals Musings

AUGUST 1, 2021

In his classic book on building a business, “ Traction: Get a Grip on Your Business ,” Gino Wickman, a similar experienced business consultant and developer of the Entrepreneurial Operating System (EOS), outlines five common frustrations that we both hear from entrepreneurs, as follows: You are the boss, but you don’t have control.

Entrepreneur 436

Entrepreneur Venture Capital Operations Social Media 436

Steve Blank

APRIL 23, 2018

That year, as management tried to coordinate all the operating details across all the divisions, the company almost went bankrupt when poor planning led to excess inventory, with unsold cars piling up at dealers and the company running out of cash. Durant’s bankers and board fired him from the company he had founded. But not for Durant.

Michigan 268

Michigan Cofounder Stock Forecast 268

Steve Blank

JANUARY 18, 2022

was fighting Al-Qaeda and ISIS, China built new weapons and developed new operational concepts to negate U.S. What if our assumptions about the survivability of these naval platforms and the ability of our marines to operate, were based on incorrect assumption about our investments in material, operational concepts and mental models?

Agile 369

Agile China Artificial Inteligence Taiwan 369

Steve Blank

SEPTEMBER 24, 2020

Given the tech-centricity of Stanford and Silicon Valley, Joe Felter , Raj Shah and I thought it was natural to design a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy. And that has happened to us.

Technology 436

Technology China Russia Silicon Valley 436

Steve Blank

APRIL 19, 2023

Both are wakeup calls that victory and deterrence in modern war will be determined by a state’s ability to both use traditional weapons systems and simultaneously rapidly acquire, deploy, and integrate commercial technologies (drones, satellites, targeting software, et al) into operations at every level. The DoD has not done either of these.

Ukraine 273

Ukraine China Taiwan Russia 273

YoungUpstarts

MAY 14, 2018

Of course, these are important ingredients to growth, but the – perhaps unconventional – truth is that this kind of growth can be riskier and less compelling to investors than growth through acquisition. A desired deal is one that is engineered specifically with the big picture in mind. Structuring the Desired Deal.

Acquisition 124

Acquisition Finance Raleigh Mezzanine 124

YoungUpstarts

NOVEMBER 1, 2019

But wanting to materialize a product or service and sustaining its operations are two different things. There are a plethora of such tools available online and they’re customized to suit different operations. It lets you clearly identify which activities are the main contributors to your acquisition goals. It is highly secure.

Software Review 113

Software Review Startup Azure SEO 113

Steve Blank

JUNE 12, 2020

All the teams used the Mission Model Canvas , (videos here ) Customer Development and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique. Army as a special operations light infantry squad leader in Iraq and Afghanistan. Jeff Decker a Stanford social science researcher. Jeff served in the U.S.

Oakland 301

Oakland Asia Lean Video 301

Both Sides of the Table

APRIL 26, 2016

The key to being able to run a business that isn’t yet profitable (on operating margin) is availability of capital to finance losses and preferably at a cost that isn’t too punitive to the founders and employees. CAC is often measured incorrectly and doesn’t often doesn’t capture the true costs of acquisition. The first input is CAC.

Metrics 150

Metrics Cost Acquisition Startup 150

Up and Running

MAY 10, 2021

The engineers can produce various models in a matter of seconds. One last thing to consider is the operating system. What is your customer acquisition cost? Operations. Simply because the consumers love it. Today, AR and VR are increasingly used in gaming, hi-tech shop displays, healthcare, entertainment, and more.

Artificial Inteligence 150

Artificial Inteligence Developer Development Team Review United Kingdom 150

Both Sides of the Table

FEBRUARY 16, 2015

recently wrote a post talking about how some VCs meddle in operating company decisions or some executive teams are too reliant on VCs to jump in and make hard calls for them. So operating at a higher level, helping to set the framework for decision making and then sitting down and watching the game be played, is certainly the way to go.”

Startup 150

Startup CTO Hire Sales Leadership 150

Steve Blank

JANUARY 15, 2024

Navy) There are several theories of how innovation in military doctrine and new operational concepts occur. Or a military service can generate innovation internally when senior military officers recognize the doctrinal and operational implications of new capabilities, e.g., Rickover and the Nuclear Navy.

China 182

China Artificial Inteligence Afghanistan Ukraine 182

Both Sides of the Table

NOVEMBER 3, 2009

and the subsequent acquisition sprees of companies like Google, Yahoo!, The COGS (costs of goods sold) tells me about how big your customer acquisition costs will be. Don’t know the running rate for engineers? I won’t need to hire many engineers or customer support staff. 66% Net Operating Margins?

Business Plan 334

Business Plan AJAX Venture Capital Technical Review 334

The Startup Magazine

SEPTEMBER 19, 2022

Not only were profits reduced, and businesses were forced to diversify in order to survive, but the way businesses operate has been forced to change. . The previous two business years of 2020 and 2021 have tested businesses and the workforce like nothing else. Partner Up with Micro-Influencers.

Social Media 128

Social Media Leadership Audience Video 128

The Startup Magazine

OCTOBER 22, 2017

Artificial intelligence is helping level the playing field for companies seeking to compete for search engine results. AI machine learning allows search engines to determine users’ intent when submitting queries, even when queries involve different keywords, using the context of prior searches to deliver more relevant results.

Artificial Inteligence 77

Artificial Inteligence Startup Database Engineer 77

Steve Blank

SEPTEMBER 24, 2020

Given the tech-centricity of Stanford and Silicon Valley, Joe Felter , Raj Shah and I thought it was natural to design a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy. Read about all the class sessions here.

Technology 228

Technology China Russia Silicon Valley 228

Both Sides of the Table

OCTOBER 8, 2014

The monetization engine of the Internet that powers the most profitable business perhaps in history was invented and perfected in Los Angeles and is what you now know as Google Ad Words. It may surprise you to learn that LA graduates more engineers than anywhere else in the country. Where do all of these engineers end up?

Los Angeles 376

Los Angeles Silicon Valley Entrepreneur Seattle 376

Steve Blank

OCTOBER 6, 2020

Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy. So, it’s incumbent on us to think about the ramifications of these acquisition decisions.

Technology 397

Technology Afghanistan Iraq Vietnam 397

Steve Blank

OCTOBER 24, 2016

The launch of the Xbox and Kinect, and the acquisitions of Skype and Yammer happened on his shift. Microsoft left the 20 th century owning over 95% of the operating systems that ran on computers (almost all on desktops). It wasn’t that Microsoft didn’t have smart engineers working on search, media, mobile and cloud.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2016

The launch of the Xbox and Kinect, and the acquisitions of Skype and Yammer happened on his shift. Microsoft left the 20 th century owning over 95% of the operating systems that ran on computers (almost all on desktops). It wasn’t that Microsoft didn’t have smart engineers working on search, media, mobile and cloud.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

APRIL 8, 2022

Think of the Deputy Secretary of Defense as the Chief Operating Officer of a company – but in this case the company has 3 million employees (~1.4 The technology insights and expertise of Stanford Engineering. Today, the average DoD major acquisition program takes 9-26 years to get a weapon in the hands of a warfighter.

Security 217

Security Silicon Valley China Private Equity 217

Board Effect

DECEMBER 5, 2023

Mission-driven organizations are inherently adept at doing more with less, but AI has the potential to further enhance their efficiency, improve operations, and reduce costs — allowing these organizations to be a greater force for social good. Using cost-per-acquisition bidding on Google ads, they’ve had a significant increase in new donors.

Artificial Inteligence 52

Artificial Inteligence Generative AI Government ChatGPT 52

ReadWriteStart

JUNE 16, 2011

In the case of Freshdesk, their main competitor, Zendesk, is operating with a San Francisco - Copenhagen cost-structure and will find it harder to compete with this strategy. Bizosys Technologies, a Bangalore, India based software engineering company was founded in 2009. Toward that end, they have created two products.

India 123

India Bootstrapping Non-Compete Entrepreneur 123