Steve Blank

JULY 30, 2014

Startups are not smaller versions of large companies, but interestingly we see that companies are not larger versions of startups. Two methods, Design Thinking and Customer Development (the core of the Lean Startup) provide the tactical day-to-day process of how to turn ideas into products. .

Customer Development 335

Customer Development Design Developer Customer 335

Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Over its lifetime a Lean Startup may spend less money than a traditional startup. Lets see why.

Lean 244

Lean Silicon Valley Startup RSS 244

Mucker Lab

MAY 28, 2020

Like a teenager with a million-dollar allowance and an identity crisis, a startup with too much capital and no product-market fit will become capable of making larger mistakes. As an investor, I root for startups. Startups flush with cash often do the opposite – they jump out of the plane, and then test the parachute as they free fall.

Startup 78

Startup Cofounder Burn Rate Technical Review 78

Both Sides of the Table

JULY 13, 2013

One of my favorite events last year was attending Startup Grind where I got to interview Clayton Christensen, author of The Innovator’s Dilemma. And of course we talked about many of my views of building startups. You didn’t join startups then. You joined a startup if you couldn’t get a real job.

Cofounder 337

Cofounder Technical Cofounder San Diego Startup 337

YoungUpstarts

AUGUST 19, 2016

While you absolutely need to keep an eye on earnings and burn rate, human capital is ultimately the fuel that makes the machine run. The ability to attract, engage, and grow talented employees makes the difference between the startups that thrive and those that die. As a startup, you’re always breaking new ground.

Startup 100

Startup Burn Rate Cofounder Salary 100

Steve Blank

FEBRUARY 26, 2013

We give abundant advice to founders about how to make startups succeed yet we offer few models about dealing with failure. While I had been part of a few failed startups, none of them had fallen squarely on my shoulders until Rocket Science Games where my business card said CEO. “What’s gone and what’s past help.

Redemption 330

Redemption Cofounder Silicon Valley Burn Rate 330

Both Sides of the Table

OCTOBER 12, 2010

If you’re interested in recruiting sales people, I wrote on the topic of startup sales people: who to hire & when – understanding the roles of Journeymen, Mavericks & Superstars. Evangelical sales – Understanding startup sales people and process. Reminds me of Eats, Shoots & Leaves. You learn by asking.

Hiring 346

Hiring Sales Startup Early Stage 346

The Next Web

DECEMBER 2, 2013

Here are their breakdowns of the costs and time investments to create 10 of the world’s hottest startups. Luck, timing and social engineering are bigger components than most entrepreneurs care to imagine,” adds Werdelin. Suddenly, those multi-million dollar financing rounds that startups raise don’t seem so outrageous!

Cost 168

Cost San Francisco New York City Ruby 168

Steve Blank

FEBRUARY 26, 2013

We give abundant advice to founders about how to make startups succeed yet we offer few models about dealing with failure. While I had been part of a few failed startups, none of them had fallen squarely on my shoulders until Rocket Science Games where my business card said CEO. “What’s gone and what’s past help.

Redemption 222

Redemption Cofounder Silicon Valley Burn Rate 222

crowdSPRING Blog

OCTOBER 10, 2014

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! The ROI of Blogging: What the Groove Blog is Worth to Our Startup – crowdspring.co/YUXa2r. The Ultimate Startup Marketing Strategy | by Venture Harbour – [link] crowdspring.co/1xxV8lb.

Social Media 97

Social Media Small Business Design Media 97

Both Sides of the Table

NOVEMBER 3, 2009

This is part of my ongoing series of posts and I need to file this one under both Raising Venture Capital and Startup Advice. The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. Don’t know the running rate for engineers?

Business Plan 334

Business Plan AJAX Venture Capital Technical Review 334

crowdSPRING Blog

DECEMBER 12, 2014

We do like to talk about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, economics and other interesting stuff! Coca-Cola Plans to Help Startups Around the World – crowdspring.co/159Mot0. Where are the Women Software Engineers? – crowdspring.co/12gwMCO.

Social Media 100

Social Media Small Business Design Media 100

crowdSPRING Blog

SEPTEMBER 19, 2014

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Are startup burn rates out of control? Hiring startup engineers? Busting the Lean-Startup Myth – crowdspring.co/1ozOXHA.

Social Media 94

Social Media Small Business Design Media 94

Steve Blank

APRIL 20, 2009

By the late 1930′s when HP started, a small group (measured in hundreds) of engineers who made radio tubes were building the valleys’ ecosystem for electronics manufacturing, product engineering and technology management. Who would have known?

Silicon Valley 270

Silicon Valley RSS San Francisco Technical Review 270

Feld Thoughts

NOVEMBER 18, 2013

They need to raise money before building anything substantial after determining that they needed a little dough to follow the Lean Startup methodology. In startup time, that feels like forever. While that is true, if you rely on outside capital to reach escape velocity, keep the cockpit talking to the engine room.

Burn Rate 152

Burn Rate Equity Software Review Early Stage 152

techcrunch.com

FEBRUARY 26, 2013

A lot of VCs, especially those from the more financially oriented firms, do more harm to startups than good when they get themselves on company boards without ever having built a company themselves, or seeing one from the inside. Having this kind of advisor as your coach is like turbo-charging your entrepreneurial engine from the sidelines.

Burn Rate 87

Burn Rate Hiring Engineer Entrepreneur 87

Startup Professionals Musings

JUNE 18, 2012

Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Facilities and staff.

Cost 255

Cost Burn Rate SEM Startup 255

Both Sides of the Table

MAY 2, 2015

You transition from “startup” to real business and it turns out that having an entire team be efficient is more important than that boundless energy but destructive nature of constantly changing direction from the CEO. Great startups have budgets. They can show the projections on what this does to burn rate.

Operations 150

Operations Metrics Early Stage Non-Compete 150

Startup Professionals Musings

JANUARY 4, 2011

For those of you who want to get in on the ground floor of a new venture, but haven’t yet worked up the nerve to start your own, begin with a job at a startup. Working for a startup is not a career choice, but more of a lifestyle. The other partner, and hopefully there is only one crazy one, goes after the startup lifestyle.

Silicon Valley 227

Silicon Valley Burn Rate Startup Stock Options 227

Both Sides of the Table

MAY 23, 2010

Often when startups who have raised venture capital need another round of financing they will turn to their existing investors to give them money before raising from outsiders. So startup CEO’s in this position make compromises that don’t necessarily benefit the long-term potential of the company.

Startup 290

Startup Burn Rate Warrant Bankruptcy 290

Steve Blank

MAY 15, 2009

Signs of Success One of the things you do right in a startup, is you move from one cheap and cramped building to another as you grow, with desks, cubicles and engineers piled cheek to jowl. Engineers were packed in cubicles or desks right on top of each other? Now every engineer can have their own office.

Silicon Valley 205

Silicon Valley RSS Lean Agile 205

Steve Blank

NOVEMBER 18, 2010

For decades startups were managed by pretending the company would follow a predictable path (revenue plan, scale, etc.) Luckily most startups now realize there is a better way. Startups Are Not Small Versions of Large Companies. The revenue numbers and revenue model came from a startups original Business Plan.

Burn Rate 247

Burn Rate Management Business Model Customer Development 247

Startup Lessons Learned

MARCH 27, 2009

Lessons Learned by Eric Ries Friday, March 27, 2009 Cash is not king Cash on hand is just one important variable in a startup’s life, but it’s not necessarily the most important. These successful startups managed to have enough tries to get it right. What matters most is the number of iterations the company has left.

San Francisco 117

San Francisco Lean Continuous Deployment DC 117

Startup Professionals Musings

MARCH 28, 2016

In addition, if you are already a CFO, this position is a great springboard to the chief operating officer (COO) or even the CEO position in the startup, based on recent reports. Every startup role requires managing to financial realities. In a corporate environment, you can leave financials to someone else, but not in a startup.

Entrepreneur 120

Entrepreneur Burn Rate Leadership Salary 120

www.chubbybrain.com

SEPTEMBER 28, 2011

25 Best Startup Failure Post-Mortems of All Time. Update – As a followup, we analyzed all of these startup failure post-mortems to identify the top 20 reasons for startup failure. Also worth a read after you review these startup failure post-mortems. Post-Mortem Title : How My Startup Failed.

Software Review 79

Software Review Startup Technical Review Vesting 79

Gust

JUNE 10, 2012

Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Facilities and staff.

Cost 139

Cost Burn Rate SEM Startup 139

Up and Running

AUGUST 21, 2014

One of the most important things a startup can do is make sure that they are keeping track of their data. In this webinar, we take time to discuss the different metrics that startups—and established businesses—should be tracking. Those keywords are very, very expensive. You just really need to know and understand your market.

Metrics 84

Metrics Startup Churn Rate Forecast 84

Steve Blank

AUGUST 27, 2012

Knowing how to sort between vision and hallucination can avoid chaos inside your startup. Tossing their agile development process and at times their entire business model in the air, the company would go into fire-drill mode and engineering would start working on whatever his latest insight was. ” Pivot as an excuse.

Founder 316

Founder Cofounder Advisory Board Burn Rate 316

Startup Lessons Learned

JANUARY 30, 2009

Bring in an expert CEO with outstanding business credentials and startup experience to focus on relentless execution. I had the privilege, and the misfortune, to be involved with a startup that executed this plan flawlessly. After years of engineering effort, changing these assumptions was incredibly hard. Focus on quality.

San Francisco 150

San Francisco Lean Agile Continuous Deployment 150

Startup Professionals Musings

FEBRUARY 15, 2011

Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Facilities and staff.

Entrepreneur 235

Entrepreneur Burn Rate SEM Social Network 235

K9 Ventures

NOVEMBER 2, 2015

For context, I am talking mostly to Computer Science and Engineering grads from the top schools who are looking at opportunities at tech companies. But I’ve seen this game play out in the startup space. And in case your startup idea doesn’t work out, then you can always go back to looking for a job then.

Technical Review 48

Technical Review Venture Capital Michigan Burn Rate 48

www.paulgraham.com

APRIL 28, 2010

Want to start a startup? A typical startup goes throughseveral rounds of funding, and at each round you want to take justenough money to reach the speed where you can shift into the nextgear. Few startups get it quite right. 1 ] A startups life will be more complicated, legally, if any of theinvestors arent accredited.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Board meetings that guide startups haven’t changed since the early 1900’s. The combination of Venture Capital and technology startups is only about 50 years old. Here’s how.

Silicon Valley 290

Silicon Valley Business Model Venture Capital Balance Sheet 290

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Board meetings that guide startups haven’t changed since the early 1900’s. The combination of Venture Capital and technology startups is only about 50 years old. Here’s how.

Silicon Valley 258

Silicon Valley Business Model Venture Capital Balance Sheet 258

Steve Blank

FEBRUARY 16, 2010

You would think that would be enough to get wrong, but entrepreneurs and investors compound this problem by assuming that all startups grow and scale by executing the Revenue Plan. Another VC added that engineering should redesign the product to meet the price and performance of current users in an adjacent market. They don’t.

Revenue 230

Revenue Balance Sheet Hockey Stick Burn Rate 230

OnlyOnce

SEPTEMBER 30, 2020

As we wrote in our Founding Manifesto , Bolster was started in part to create a new way for startup and scaleup CEOs to think about growing their leadership teams. This is even more true at startups and scaleups, which by definition are more fast-paced, dynamic, CEO-driven, and thinly staffed. By and large, startups work the same way.

Burn Rate 71

Burn Rate Leadership Search Curation 71

Startup Professionals Musings

FEBRUARY 13, 2010

Even for low-tech startups, the scope of information available on the Internet, and its global reach, has had a similar financial impact on the many other challenges facing every startup founder. Founders now routinely use their home to operate their startup until they are well into the revenue phase. Facilities and staff.

Burn Rate 125

Burn Rate SEM Social Network Angel Investor 125