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The 47th (-46) International Business Model Competition

Steve Blank

The most visible step was the first International Business Model Competition , hosted by the BYU Rollins Center for Entrepreneurship and Technology. Therefore the very foundations of teaching entrepreneurship should start with how to search for a business model. Business Model Versus Business Plan.

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Qualcomm’s Corporate Entrepreneurship Program – Lessons Learned (Part 2)

Steve Blank

2) We should have had buy-in about the value of disruptive new business models, design and open innovation thinking. We were prematurely pushing some of the teams in the business units. It gets really tough when these projects are launched and have to fight for survival against current corporate business models.

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6 Keys To Convince Investors Of Your Competitive Edge

Startup Professionals Musings

We certainly want to hear about any positive feedback you have from potential customers on your idea, your prototype, and your business model, but that better not be the end of the story. We want to see a documented business plan that clearly addresses this challenge. Outline a long-term strategy of maximum depth.

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ESADE Business School Commencement Speech

Steve Blank

The first will be commodity businesses that are valued for their ability to execute their current business model. The second class will be firms with a demonstrated ability to continually innovate and reinvent their business models. These innovations do not require change in a company’s existing business model.

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Eureka! A New Era for Scientists and Engineers

Steve Blank

The combination of Venture Capital and technology entrepreneurship is one of the great business inventions of the last 50 years. It provides private funds for untested and unproven technology and entrepreneurs. And they’ll do this using the business model / customer development / agile development solution stack.

Engineer 284
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The Rise of the Lean VC – Consumer Internet Gets Its Own Investors

Steve Blank

I think you can blame Customer and Agile Development for a small part of it. Fairchild Semiconductor became the progenitor of a flood of Silicon Valley chip companies and at the same time the adoption of the limited partnership as the model for Venture Firms gave VC’s their own profitable business model. Here’s why.

Lean 263
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Teaching Entrepreneurship – By Getting Out of the Building

Steve Blank

One of the classes I teach in the engineering school at Stanford is E145: the Fundamentals of Technology Entrepreneurship , an introduction to building a scalable startup. Our goal is to teach students the key concepts of the startup process and help them understand that a startup is a search for a profitable business model.