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Is the Lean Startup Dead?

Steve Blank

Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. These bubble startups were actually guessing at their business model and did premature and aggressive hype and early company launches and had extremely high burn rates – all predicated on an IPO to raise more cash.

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Twitter Link Roundup #240 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

What is the Right Burn Rate at a Startup Company? | All young entrepreneurs should read … My Last Day At PivotDesk | Kelly Taylor’s Blog – crowdspring.co/1sZar6P. Why You Should Find Product-Market Fit Before Sniffing Around For Venture Money | Co.Labs – crowdspring.co/1sRVsv5. Candid & raw.

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Twitter Link Roundup #238 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

Why entrepreneurs should learn to say “I don’t know” more often – crowdspring.co/1pGXXeF. Refocusing the Startup Burn Rate Debate | OpenView Blog – crowdspring.co/1n8paLq. Passion Alone is Not Enough to Open a Business – crowdspring.co/YVlAZA. ” – crowdspring.co/1slKVZ2.

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Twitter Link Roundup #235 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

The Paradoxical Traits of an Entrepreneur | by Jody Porowski – crowdspring.co/1piN6X6. Are startup burn rates out of control? The 3 Myths Most Entrepreneurs Tell Themselves About Marketing | by Dharmesh Shah – crowdspring.co/1uyrQ4U. | WordStream – crowdspring.co/1tOs1vg. XeV4JS. – [link].

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These Innocent Hiring Mistakes Can Kill Your Startup

Transformify

It is your team that will save you, the entrepreneur, from a disaster. Their investors may push them into that direction too, as the high burn rate is often seen as a prerequisite for high growth. The compromise results in failed market entry strategies, lost clients, high burn rate, etc. Team comes first.

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Lessons Learned: Don't launch

Startup Lessons Learned

Announce a new product, start its PR campaign, and engage in buzz marketing activities. Even if you must launch to your customers, avoid the urge to also launch in extra places, just because your PR firm can do it at the same time. If you are having trouble raising money, sometimes a little PR can help. Help you raise money.

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Twitter Link Roundup #247 – Small Business, Startups, Innovation, Social Media, Design, Marketing and More

crowdSPRING Blog

7 Things Successful Entrepreneurs Do – crowdspring.co/1pIQxNE. Lessons From Burning Man on How to Unlock Creativity and Think Big – crowdspring.co/12h0PKB. Don’t Get Burned by Your Burn Rate – crowdspring.co/159KKrk. 14-Year-Old Entrepreneur on Meeting President Obama | Fox Small Business – crowdspring.co/1reRybq.