Startup Professionals Musings

JANUARY 18, 2014

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. Leverage your customer conversations to predict and validate your business model.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

Startup Professionals Musings

MAY 12, 2017

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. Leverage your customer conversations to predict and validate your business model.

Startup 161

Startup Angel Investor Technical Review Incubator 161

ReadWriteStart

JUNE 1, 2020

In very few specific cases, depending on the nature of the business, the business model might demand a considerable gestation period or extensive research and development. For these businesses, it is imperative to get funding from the start without which the company cannot be set up. Incubators and Accelerators.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

NOVEMBER 6, 2019

There is nothing wrong with a focus on making the current business model work better. Plan in great detail and avoid things not in the budget. Business plans should be loose frameworks to be used as guidelines rather than detailed route maps. Decisions made lower down always get more buy-in.

Stock Options 236

Stock Options Incubator Framework Stock 236

Startup Professionals Musings

DECEMBER 20, 2012

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. Leverage your customer conversations to predict and validate your business model.

Startup 296

Startup Angel Investor Technical Review Incubator 296

The Startup Magazine

AUGUST 11, 2023

Pre-Seed New businesses, often known as startups, have just entered the very first stage of the investment process. During the pre-seed fundraising stage, investors need a viable business plan to base their investments on. An investor can make two types of investments in a startup: direct and indirect.

Seed Stage 132

Seed Stage Technical Review Early Stage Due Diligence 132

YoungUpstarts

APRIL 7, 2016

The rub is that a startup likely has the ideas to take it straight to the top, but it’s also likely that the company lacks the business skills to make it truly successful. Right now, Silicon Valley has a highly creative pool of talent, but there is a blaringly obvious missing link between creativity and business. Who does it help?

Seed Stage 100

Seed Stage Silicon Valley Incubator Asia 100

Steve Blank

OCTOBER 7, 2011

It’s hard enough to pick which existing companies with known business models to aid. Tekes lacks a long-term plan of what the Finnish government’s role should be in funding startups. And they should give themselves a 5-10 year plan to do so.

Finland 324

Finland Venture Capital Government Russia 324

Startup Professionals Musings

SEPTEMBER 19, 2011

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. Leverage your customer conversations to predict and validate your business model.

Startup 286

Startup Angel Investor Technical Review Incubator 286

Steve Blank

MARCH 8, 2011

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. We were positing that 20 years of teaching “how to write a business plan” might be obsolete. This post is part one.

Lean 298

Lean Business Model Customer Development Guinea 298

Steve Blank

OCTOBER 10, 2011

Startup incubators, business angels and VCs are starting to emerge. Filed under: Business Model versus Business Plan , Customer Development , Teaching , Venture Capital. They’ve gotten off to a good start with a start around Aalto University with passionate students.

Finland 324

Finland Naming Russia Government 324

Steve Blank

MARCH 11, 2016

To be honest I built the class out of frustration watching schools teach aspiring entrepreneurs that all they need to know is how to write a business plan or how to sit in an incubator building a product. using the business model canvas as the framework. Every week we teach the practice of Lean. Reflection Week.

Lean 120

Lean Incubator Business Model Channel 120

Startup Professionals Musings

OCTOBER 2, 2023

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Commercial product prototypes.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

Steve Blank

JULY 13, 2021

By the end of the 20th century, case studies and business plans had reached an evolutionary dead-end for entrepreneurs. The Rise of Business Schools – Management as an Occupation. The business school was invented in the first decade of the 20th century in response to a massive economic transformation in the U.S.

Lean 433

Lean Agile Business Model Business Plan 433

YoungUpstarts

SEPTEMBER 10, 2018

Acceleration and incubation programs are on the rise and have helped start and scale many successful businesses over the past 10 years. More research and explanation is needed to understand how the business plan will be executed. Don’t describe a 100% theoretical business model. It was all hypothetical.

Programming 109

Programming Chile B2B B2C 109

Startup Professionals Musings

NOVEMBER 19, 2017

There is nothing wrong with a focus on making the current business model work better. Plan in great detail and avoid things not in the budget. Business plans should be loose frameworks to be used as guidelines rather than detailed route maps. Decisions made lower down always get more buy-in.

Stock Options 141

Stock Options Incubator Framework Stock 141

YoungUpstarts

JANUARY 28, 2016

So you’ve decided to enlist a technology incubator to help your new business get off the ground. You have a great idea and a strong business plan, and an incubator is just the partner you need at this stage. Luckily, there are a good number of incubators now available to burgeoning entrepreneurs.

Incubator 100

Incubator Silicon Valley China California 100

Duct Tape Marketing

APRIL 6, 2022

Founders Space was ranked the #1 incubator for overseas startups by Forbes and Entrepreneur Magazines. Steve is also the author of Surviving a Startup: Practical Strategies for Starting a Business, Overcoming Obstacles, and Coming Out on Top. You know, could you look at my business plan? He's the CEO of founders space.

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

Startup Professionals Musings

JANUARY 18, 2021

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Commercial product prototypes.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

Up and Running

JANUARY 24, 2019

Before you can start a company, you need a business idea. Unless you have invented something revolutionary, stick with a business model that involves something you are passionate about and do it better than anyone else. So what you can you do to reduce the risk of starting your own business? Write a Lean Business Plan.

Lean 93

Lean Balance Sheet Bankruptcy Business Model 93

Steve Blank

MAY 18, 2020

We’re holding a series of 5-day online classes at Stanford where teams will learn how to develop new business models for an economy that’s getting back to work and on the road to recovery. The Covid-19 virus has upended traditional ways of doing business, travel, education, entertainment, healthcare, etc. Sign up at [link].

Lean 436

Lean Business Model Affiliate Incubator 436

Startup Professionals Musings

APRIL 12, 2021

In my experience as a business advisor and occasional investor, many of you won’t make it that far, succumbing to the high costs of getting those first customers, funding an initial inventory, and building an operational support process. Don’t let your passion and “can-do” attitude convince you that you can overcome all financial realities.

Dilution 404

Dilution Incubator Bootstrapping Government 404

Steve Blank

MARCH 4, 2014

The Enterprise: Business Model Execution We know that a startup is a temporary organization designed to search for a repeatable and scalable business model. The corollary for an enterprise is: A company is a permanent organization designed to execute a repeatable and scalable business model.

IRR 335

IRR Startup Business Model Agile 335

Steve Blank

MAY 29, 2019

The easy part is, “Let’s have an incubator.” Steve Blank: When I first starting teaching, the capstone entrepreneurship class was how to write a business plan. But years ago, we had no alternative – how to write a business plan was it. . “I want to see what you look like in a prison suit.”

Incubator 331

Incubator Lean Programming Government 331

Startup Professionals Musings

FEBRUARY 9, 2018

To organize my thoughts, I found a new book, “ Burn the Business Plan ,” by Carl Schramm, who speaks from experience founding five companies, working major corporate roles, and being an active venture investor. You need a business degree to start a venture today. Business strategies are best learned from experience.

Incubator 180

Incubator Angel Investor Dilution Equity 180

David Teten

AUGUST 15, 2013

For example, Qualcomm Ventures hosts an international business plan competition called QPrize , which targets mobile technology startups. The companies will have access to GE mentors and “will offer a virtual commercial laboratory” that provides innovative business models and partnership opportunities. 4) Accelerators.

Startup 114

Startup Technical Support Venture Capital Balance Sheet 114

ReadWriteStart

JULY 12, 2012

As a Silicon Valley attorney and founder of technology incubator StartWorks , Montgomery has participated in many tech startups and has a natural interest in what makes them succeed. Montgomery explores this concept in depth in his new book, Great From the Start: How Conscious Corporations Attract Success.

Founder 144

Founder Silicon Valley Startup Incubator 144

VC Cafe

SEPTEMBER 26, 2010

Launch48 is a new kind of micro-incubator taking place over the course of a weekend, which enables entrepreneurs to pitch their concept in one minute, in order to find team mates who are interested in pursuing the idea. Business Plan. That said, it is important to talk to customers before you spend 6 months writing a plan.

Elevator Pitch 102

Elevator Pitch Incubator Technical Review Startup 102

Steve Blank

JUNE 18, 2013

I wondered if business plans and 5-year forecasts were the right way to plan a startup. It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models. We were putting the plan before the planning.

Lean 286

Lean Agile Customer Development Business Model 286

Up and Running

MAY 4, 2015

Jackie Wu of Jackie, a company that makes flying security cameras and received funding after pitching an incubator, says: “The biggest thing is, you have to know what the problem you’re solving is and how your product/service will solve it. We articulated that very clearly to the investors.

Technical Review 60

Technical Review Entrepreneur Software Review Houston 60

Steve Blank

JANUARY 22, 2013

Lean LaunchPad Colombia starts again today in Bogota with 25 more teams of tech entrepreneurs and at 25 mentors from the country’s universities, incubators, and chambers of commerce. The program is funded by the Colombian government and modeled after the NSF Innovation-Corps program created and built by my partner and co-author Steve Blank.

Colombia 321

Colombia Lean Silicon Valley Coder 321

Steve Blank

MARCH 7, 2012

Startups are in fact only temporary organizations, organized to search –not execute–for a scalable and repeatable business model. Yet this isn’t an incubator. We trying to teach students a methodology that combines customer development, agile development, business models and pivots.

Lean 256

Lean Business Model Agile United States 256

Steve Blank

JANUARY 22, 2013

Lean LaunchPad Colombia starts again today in Bogota with 25 more teams of tech entrepreneurs and at 25 mentors from the country’s universities, incubators, and chambers of commerce. The program is funded by the Colombian government and modeled after the NSF Innovation-Corps program created and built by my partner and co-author Steve Blank.

Colombia 271

Colombia Lean Silicon Valley Coder 271

Steve Blank

JUNE 18, 2013

I wondered if business plans and 5-year forecasts were the right way to plan a startup. It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models. We were putting the plan before the planning.

Lean 178

Lean Agile Customer Development Business Model 178

ReadWriteStart

JULY 12, 2012

As a Silicon Valley attorney and founder of technology incubator StartWorks , Montgomery has participated in many tech startups and has a natural interest in what makes them succeed. Montgomery explores this concept in depth in his new book, Great From the Start: How Conscious Corporations Attract Success.

Founder 65

Founder Silicon Valley Startup Incubator 65

Steve Blank

OCTOBER 3, 2014

The next week they came back in class and presented this : Each week we’d teach them about one more part of what makes up a business model. They could have never figured this out sitting inside a classroom writing a business plan. When I teach in universities I’m not running an incubator. Massive pivot.

Lean 272

Lean Silicon Valley Customer Development Incubator 272

Startup Professionals Musings

JANUARY 12, 2013

See how many you have personally experienced already, or are currently mentioned in your business plan: Crowd-sourcing equity. See how many of the following “new” entrepreneur concepts you recognize, and can explain in terms of impact and value to your startup. Startup accelerator.

Entrepreneur 274

Entrepreneur Accredited Investor Silicon Valley Angel Investor 274