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14 Entrepreneurs Share Their Views on Writing a Business Plan or Not

Hearpreneur

In the realm of great business ideas, a well-crafted business plan takes center stage. It's your persuasive pitch to potential investors, outlining your startup's objectives and profitability strategy. As a dynamic document, it remains rooted in your business's core objectives while flexibly responding to change.

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No One Wins In Business Plan Competitions

Steve Blank

Last week one of the schools I teach at invited me to judge a business plan contest. I suggested that they first might want to read my post on why business plans are a poor planning and execution tool for startups. At best I think business plan competitions are a waste of time.

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Is the Lean Startup Dead?

Steve Blank

A version of this article first appeared in the Harvard Business Review. But NewTV doesn’t plan on testing these hypotheses. With fewer than 10 employees but almost $2-billion dollars in the bank, they plan on jumping right in. It’s the antithesis of the Lean Startup. ” Fire, Ready, Aim. And it may work.

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Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank

Starting in the 1950’s, Stanford’s engineering department became “outward facing” and developed a culture of spinouts and active faculty support and participation in the first wave of Silicon Valley startups. Berkeley Haas Business School is a leader in entrepreneurship education. We had multiple business plan competitions.

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What Entrepreneurs Should Ask Themselves Before Using AI Tools to Start a Business

The Startup Magazine

Nowadays, they can leverage AI solutions to create a business plan. What’s more, organizations equipped with scalable AI solutions are more agile in navigating unexpected changes and industry fluctuations. But luckily, gone are the days when entrepreneurs have to spend countless hours on these beginning steps.

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10,000 Startups – Startup Weekend Next

Steve Blank

Today we are announcing the biggest entrepreneurial program ever launched – Startup Weekend Next. A partnership of Startup Weekend , Startup America , TechStars and Udacity , Startup Weekend Next brings four weeks of amazing hands-on training learning to build your startup to cities around the world.

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How to Map Out an Ecommerce Business Plan in 1 Hour

Up and Running

What exactly needs to be included in a business plan, and in how much detail? You may have been told that the more detail you can include in your business plan, the better, but this is not necessarily the best strategy for everyone. Digital businesses need to be agile and reactive too.