Startup Professionals Musings

JULY 8, 2015

According to a classic Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don't attract investors failing within the first three years. My first advice for new entrepreneurs is to pick a domain, such as online web sites and smart phone apps, that doesn’t have the sky-high up-front development costs.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Startup Lessons Learned

SEPTEMBER 15, 2008

Lessons Learned by Eric Ries Monday, September 8, 2008 The lean startup Ive been thinking for some time about a term that could encapsulate trends that are changing the startup landscape. After some trial and error, Ive settled on the Lean Startup. I like the term because of two connotations: Lean in the sense of low-burn.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

ReadWriteStart

JANUARY 26, 2021

Many business owners launch startups with the intention of running lean—relying on minimal resources to preserve the business for as long as possible. But even the leanest businesses need money to keep running. Good businesses tend to get a lot of attention. No Real Business Model. The Wrong Team.

Startup 180

Startup Angel Investor Business Model Demand 180

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf. That’s a lean business plan.

Lean 60

Lean Business Plan Video Software Review 60

Startup Professionals Musings

JULY 1, 2017

According to my experience and a classic Gompers and Lerner study, the challenge is very real, with a majority of new ventures that don't attract investors failing within the first three years. Software apps that once required a 10-person team can now be done with the Lean Development methodology by two people in a couple of months.

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

FEBRUARY 19, 2013

According to a Gompers and Lerner study, the challenge is very real, with 90% of new ventures that don't attract investors failing within the first three years. My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. In reality, the financing valley of death tests the commitment, determination, and problem solving ability of every entrepreneur.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

ReadWriteStart

FEBRUARY 21, 2021

Even if you have an angel investor or a venture capital (VC) firm backing you, you’ll have an abundance of expenses, limited income, and a finite amount of time before the money completely runs out. So what are the best ways to stay on the lean-side of things? Barter With Other Entrepreneurs. Cut or Keep?

Startup 106

Startup Software Review Open Source Technical Review 106

YoungUpstarts

JUNE 1, 2019

In the go-to-product phase, you can get help from a plethora of incubators, accelerators and angel investors. But when it comes to that crucial second phase – go-to-market – entrepreneurs find themselves devoid of help and support. The Traction Gap is somewhat of a no-man’s land for entrepreneurs.

Cleveland 150

Cleveland Framework Marketing Early Stage 150

Up and Running

MAY 18, 2016

Reading lists are dime a dozen, but reading lists that focus on rapid-growth startup businesses? Below, you will find a list of books recommended by serial entrepreneur David S. If you’re planning to start and build a scalable, high-growth business, get ready to fill your bookshelves. Not so much. B y Eric Ries. B y Tim Berry.

Startup 80

Startup Venture Capital Angel Investor Lean 80

Steve Blank

FEBRUARY 26, 2020

Jeff’s presentation is from the point of a view of “What Investors Want” (see resources here ) while Mar’s takes it from a founder trying to figure out the funding landscape. And thanks to Ann Miura-Ko of Floodgate (my first Lean LaunchPad co-instructor) for her suggestions. Team, Product, Traction, Business Model and Market.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

Steve Blank

JANUARY 20, 2014

When Customer Development and the Lean Startup were just a sketch on the napkin, Dino Vendetti, a VC at Bay Partners, was one of the first venture capitalists I shared my ideas with. Over the years we brainstormed about how Lean entrepreneurship would affect regional development. Part 1: Bend, Oregon Ecosystem and Entrepreneurs.

Silicon Valley 312

Silicon Valley Oregon Lean Venture Capital 312

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Entrepreneurs put together their funding presentation by extracting the key ideas from their business plan, putting them on PowerPoint/Keynote and pitching the company – until they get funded or exhausted.

Customer Development 262

Customer Development Developer Customer Silicon Valley 262

Startup Lessons Learned

JANUARY 10, 2011

We still have some collective scar tissue: the idea conjures up the hordes of dot-com hopefuls that descended on VC’s and angel investors with little more than a business plan. One of my beliefs is that such a theory should be addressed to entrepreneurs and the people who hold them accountable.

Silicon Valley 167

Silicon Valley San Francisco Lean Investment Bankers 167

Steve Blank

JULY 1, 2014

What’s been missing for everyone is: a common language for investors to communicate objectives to startups. a language corporate innovation groups can use to communicate to business units and finance. data that investors, accelerators and incubators can use to inform selection. For investors this is a big idea.

Sacramento 306

Sacramento Framework Customer Development Lean 306

Steve Blank

NOVEMBER 25, 2013

Teams can prove their competence and validate their ideas by showing investors evidence that there’s a repeatable and scalable business model. And we can offer investors metrics to play Moneyball – with the Investment Readiness Level. We focus on evidence and trajectory across the business model. Here’s how.

Oakland 326

Oakland Incubator Lean Metrics 326

The Next Web

JANUARY 27, 2013

Four books helped me out a lot over the last few years: Four Steps to the Epiphany by Steve Blank, Running Lean by Ash Maurya, The Four Hour Workweek by Timothy Ferris and Rework by Jason Fried & David Heinemeier Hansson. Up until today, I consider all four a must-read for any entrepreneur or anyone looking into entrepreneurship.

Netherlands 159

Netherlands Technical Review Software Review Cofounder 159

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. In some Venture Capital firms they may share the same roof and overhead, but no one is confused, they’re in very different businesses.). Here’s why. Electron-based Venture Capital.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Up and Running

MARCH 11, 2015

Eric Ries of The Lean Startup has called Andrew Chen’s blog “one of the best entrepreneurship blogs of all time.” What do you get when a successful entrepreneur becomes a VC and then starts blogging about his experiences? Funding a Business Venture Capital and Angel Investors advice blogs funding venture capital venture capitalist'

Venture Capital 60

Venture Capital Technical Review Silicon Valley Cofounder 60

JANUARY 9, 2014

I recently developed a more human framework for early-stage startups to define their startup DNA and lay some foundations for a sustainable business. I’m hoping this will help to save entrepreneurs time in their hunt for success, whilst adding some more meaning to their businesses. Quote from John Wilshire, Artefact Cards 4.

Early Stage 102

Early Stage Startup Cofounder Design 102

ReadWriteStart

MAY 29, 2012

Serial tech entrepreneur, speaker and consultant Scott Steinberg , author of The Crowdfunding Bible , explains how to make crowdfunding work for your startup. Crowdfunding] investors are not as sophisticated as professional venture and angel investors. Often [entrepreneurs] don’t understand the time commitment involved.

Campaign 142

Campaign Stealth Social Media Audience 142

Startup Professionals Musings

JUNE 24, 2016

Every entrepreneur I know starts out with a strong conviction that their solution is a perfect match for their target market, and yet almost every one later admits a need to “pivot” before finding their groove. Few entrepreneurs know that even the most successful startups had pivots, which rarely get mentioned.

Angel Investor 143

Angel Investor Dilution Matching Business Model 143

Up and Running

MAY 23, 2016

To give you a better idea of what entrepreneurs in this industry are thinking about during each phase of the startup process, I interviewed SaaS entrepreneurs from all over the world, including our own COO Noah Parsons. Step 1: Start with a lean plan. The business model. How to Write a Traditional Business Plan.

Software Review 74

Software Review Software Delaware Forecast 74

Up and Running

DECEMBER 31, 2018

That acronym stands for “Strengths, Weaknesses, Opportunities, and Threats” This is a flexible, simple analysis format that you can do on your business idea, and on yourself as a budding entrepreneur. Start with a Lean Plan. Set your timer for 30 minutes and write a one-page summary of your business idea—a Lean Business Plan.

Lean 142

Lean Small Business Administration Angel Investor Business Plan 142

Hippoland

FEBRUARY 12, 2018

This is probably the single-most important thing to me but as I mention here , it’s probably the number one area that entrepreneurs prepare the least for. Those who didn’t have a product or much of a product used a concierge model of sorts ala Lean Startup philosophy to start running their business.

Seed Stage 48

Seed Stage Business Model B2B Email 48

Hippoland

FEBRUARY 12, 2018

This is probably the single-most important thing to me but as I mention here , it’s probably the number one area that entrepreneurs prepare the least for. Those who didn’t have a product or much of a product used a concierge model of sorts ala Lean Startup philosophy to start running their business.

Seed Stage 48

Seed Stage Business Model B2B Email 48

steveblank.com

JULY 8, 2011

AgileZen – project management visually see and interact with your work Kanbanery – Simple online team or personal kanban board LeanKit Kanban – Great for visualizing work of product development Kanban Pad – “Nice and lean” and free online Kanban tool Banana Scrum – A tool simple as Scrum itself.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Steve Blank

JUNE 2, 2011

Reinventing the board meeting may allow venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Startups now understand what they should be doing in their early formative days is search for a business model. for a business model.

Silicon Valley 281

Silicon Valley Business Model Early Stage Venture Capital 281

Up and Running

MARCH 13, 2019

Whether you are trying to raise money from angel investors or venture capitalists for your business, or just want to perfect your business strategy, a solid elevator pitch is an essential tool for achieving your goals. That’s great if you are tackling such a problem, but for most businesses, that’s not the reality.

Elevator Pitch 140

Elevator Pitch Video Forecast Oregon 140

Up and Running

OCTOBER 30, 2017

This article is part of our “ Business Startup Guide ”—a curated list of our articles that will get you up and running in no time! People often ask us for a list of steps they can use to start their own business. From business type to business model to physical location, there are so many variables!

Venture Capital 166

Venture Capital Business Plan Limited Liability Company Finance 166

Up and Running

JANUARY 15, 2019

A lot of people call themselves entrepreneurs—but in reality, they’re not. If you really want to succeed as an entrepreneur, you need to start learning the ins and outs of business. If you really want to succeed as an entrepreneur, you need to start learning the ins and outs of business. ” Right?

Sales 122

Sales Angel Investor Incubator B2B 122

Up and Running

MARCH 11, 2015

I’ve pitched in taxi cabs, I’ve pitched on street corners, in board rooms, on stage in front of 400 angel investors. The opportunity when I got to pitch on stage in front of 400 angel investors was for the largest angel investor conference in the Pacific northwest called Angel Oregon, and we competed with 60 other companies.

Technical Review 60

Technical Review Software Review Due Diligence Exit Strategy 60

David Teten

DECEMBER 3, 2019

Small investment firms often have interns and entrepreneurs in residence passing through, each of which is a security risk. Chris Dixon, Partner, A16Z, observes , “Success in VC is probably 10% about picking, and 90% about sourcing the right deals and having entrepreneurs choose your firm as a partner”. 2) Market .

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Up and Running

MAY 16, 2016

At present, there are more than 386,000 home health care businesses in the U.S., With a low barrier to entry and a growing demand, it is an appealing business for eager entrepreneurs. If you’ve never written a business plan before, you can find out more about the process here on Bplans. million people.

North America 95

North America United States Technical Review America 95

SoCal CTO

JULY 13, 2010

How-to learn about angel/vc term sheets - Gabriel Weinberg , June 28, 2010 I think every startup entrepreneur (and angel investor) should have a good understanding of financing term sheets. You’re Not a Real Entrepreneur - Steve Blank , June 10, 2010 Who is an entrepreneur really? Yes, even bootstrappers.

Cofounder 175

Cofounder Technical Cofounder Term Sheet Startup 175

www.chubbybrain.com

SEPTEMBER 28, 2011

We’d previously highlighted the top startup failure post-mortems of all-time here (32 in total) written by a group of startup entrepreneurs gracious enough to share their lessons learned from their startup’s failure. In the post-mortem of Kiko, Mahesh Piddshetti writes : Most entrepreneurs have lots of ideas.

Cofounder 89

Cofounder Startup Technical Cofounder CTO Hire 89

ReadWriteStart

JUNE 15, 2011

Startups now understand what they should be doing in their early formative days is search for a business model. The process they use to guide that search is "Customer Development" ; and to track their progress startups now have a scorecard to document their week-by-week changes – the business model canvas.

Silicon Valley 118

Silicon Valley Startup Early Stage Business Model 118