article thumbnail

Use agile budgeting to manage your cash

David Teten

So here’s the solution I have recommended to some of my portfolio companies: “ agile budgeting ”, i.e., monitoring a few key variables while giving managers significant flexibility. Entrepreneur Jeff Magnusson provides a sample agile budgeting workbook. Regardless of whether you take a traditional or agile budgeting approach, Robert A.

Agile 60
article thumbnail

Why The Government is Isn’t a Bigger Version of a Startup

Steve Blank

As there was no venture capital, these early startups were funded by early sales to weapon systems prime contractors and subcontractors. One of the unintended consequences was that many of the academics went off to found a wave of startups selling their technology to the military. America’s adversaries understand this.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Is the Lean Startup Dead?

Steve Blank

When Netscape went public, it unleashed a frenzy from the public markets for anything related to the internet and signaled to venture investors that there were massive returns to be made investing in anything internet related. Then the cycle repeats with a new set of technologies. Some have labeled this period as irrational exuberance.

Lean 335
article thumbnail

Build Predictable Startup Models by Forming an Agency

ReadWriteStart

Over time, this revenue reduces the dependency on outside venture capital sources. Build a Talented Team of Technology and Business Professionals. Having both startup and third-party project work available keeps any technology staff busy on both client and startup work throughout the year.

Incubator 188
article thumbnail

When Hell Froze Over – in the Harvard Business Review

Steve Blank

In the last decade it’s become clear that companies are facing continuous disruption from globalization, technology shifts, rapidly changing consumer tastes, etc. Eric Ries, who took my first Customer Development class at Berkeley, had the insight that Customer Development should be paired with Agile Development.

article thumbnail

When Hell Froze Over – in the Harvard Business Review

Steve Blank

In the last decade it’s become clear that companies are facing continuous disruption from globalization, technology shifts, rapidly changing consumer tastes, etc. Eric Ries, who took my first Customer Development class at Berkeley, had the insight that Customer Development should be paired with Agile Development.

article thumbnail

Ecommerce Trendwatching: How To Find, Follow, and Set Trends

ReadWriteStart

It becomes even more interesting in the world of emerging technologies and the IoT. These new technologies will become an integral part of most e-shops. In my experience, I follow different resources, for instance, the Andreessen Horowitz blog , one of the top venture capital funds reporting trends in their newsletters, and INC.5000

eCommerce 185