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. Technology pilots.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

Startup Professionals Musings

APRIL 13, 2015

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. Technology pilots.

Product Development 120

Product Development Developer Product Angel Investor 120

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. Product Development Diagram 1.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Gust

APRIL 27, 2014

Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Leverage information technology. Don’t try this without a formal process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

The Startup Magazine

JUNE 17, 2021

Big data is a prominent subject for many businesses around the world, and for those of you who operate entirely online enterprises, studying statistics and numbers is perhaps even more important, and, can be convenient using online business education. Is it Worth it?

Analytics 173

Analytics Technical Review Social Media Software Review 173

Steve Blank

NOVEMBER 1, 2010

With an out-of-this-world business plan. When it was spun out as a a separate company, Iridium’s 1990 business plan had assumptions about potential customers, their problems and the product needed to solve that problem. A Business Plan Frozen in Time. This business plan was a static document.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

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

Duct Tape Marketing

APRIL 6, 2022

You know, could you look at my business plan? See if the business model works, all these questions. So a lot of the basics are the same, but the big difference between what would be, you know, a local business, as opposed to a potentially global international business is growth. How big is your vision?

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

The Next Web

AUGUST 26, 2012

Develop a strong backbone. The backbone of your technology company revolves around a well-organized, up-to-date, specific and documented vision, brand-key, business plan, intellectual property rights, contracts, financial administration, NDAs and bylaws it can rely on. Again, make sure you can decide whom to ‘marry’.

Bankruptcy 121

Bankruptcy Technical Review Intellectual Property Due Diligence 121

Startup Professionals Musings

MAY 4, 2014

Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Leverage information technology. Don’t try this without a formal process.

Startup 268

Startup Institutional Investors Angel Investor Bootstrapping 268

Up and Running

JULY 2, 2014

Picking the right attorney in your startup is as important as picking the right business partner. You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. The deal we made with him was he’d get 33.3%

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

SoCal CTO

DECEMBER 1, 2010

I continue to collect great content that is the intersection of startups, products, online and technology. Storm Clouds - A VC : Venture Capital and Technology , November 12, 2010 We have enjoyed an amazing run in the web startup and investing space over the past five or six years. This should not deter you.

Technical Review 175

Technical Review Technology Product CTO Hire 175

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. Minimum Viable Product (MVP). Responsive web technology that re-sizes text and images to fit any screen is the norm with new websites. Osmosis marketing. Social mobile web. Startup pivot.

Entrepreneur 274

Entrepreneur Accredited Investor Silicon Valley Angel Investor 274

Startup Professionals Musings

JANUARY 31, 2013

Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Leverage information technology. Don’t try this without a formal process.

Institutional Investors 230

Institutional Investors Angel Investor Bootstrapping Database 230

Startup Professionals Musings

SEPTEMBER 7, 2011

Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Leverage information technology. Don’t try this without a formal process.

Startup 255

Startup Institutional Investors Angel Investor Bootstrapping 255

Startup Professionals Musings

AUGUST 1, 2010

Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Leverage information technology. Don’t try this without a formal process.

Startup 239

Startup Institutional Investors Angel Investor Bootstrapping 239

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

Software Review 74

Software Review Software Delaware Forecast 74

Austin Startup

AUGUST 20, 2017

Your original business plan will probably go out the window when you land your first customer. Your business works as intended if you can attract customers that fit into the context of your operation. Do they perceive enough value to pay prices that create for you a profit margin that matches your business model?

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Steve Blank

JUNE 8, 2009

Customer Development by Vertical - Click to Enlarge (As a reminder, the Customer Development process says your business plan is just a series of untested hypothesis (unless you’re a domain expert.) You take your product vision and get out of your building to turn your hypothesis into facts. Technology?

Vertical 122

Vertical Silicon Valley RSS Marketing 122

Steve Blank

MAY 18, 2009

Next, you have to deal with the daily crisis of product development and acquiring early customers. And here’s where life gets really interesting, as the reality of product development and customer input collide, the facts change so rapidly that the original well-thought-out business plan becomes irrelevant.

Founder 297

Founder Silicon Valley RSS China 297

www.tangosource.com

MARCH 8, 2012

re providing business skills for the startup, back it up with action. Take steps towards product market fit, such as getting signed Letters of Intent (LOIs) which show that your product will have revenue on day 1. You could also create a business model canvas , and collect real world data for each section of the canvas.

Cofounder 48

Cofounder Founder SEO LLC 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

www.vccafe.com

MARCH 11, 2013

Updated Business tools for Startups. Every startup faces multiple choices and decisions when it comes to technology. Ad Serving Technology. Great for visualizing work of product development. Technology & Marketing Law Blog. BPS : Business Plan Servicesâ?? Preloaders.net. Virtual Post Mail.

Software Review 53

Software Review Technical Review Startup 53

Startup Lessons Learned

OCTOBER 23, 2013

And the dominant tool we use to measure back-office operations is technology, from inventory to supply chain management to procurement to human resources. We often tell founders that a business plan is nonsense. A business model, on the other hand, is a snapshot of your business assumptions at this moment in time.

Analytics 167

Analytics Lean Widget Metrics 167

Growthink Blog

NOVEMBER 2, 2016

The possibility that technology can just not be a threat to an older line business, but instead can open up avenues of new opportunity for it. The possibility that the future will be better than the past. The possibility that we, as a team, have the right stuff to win and do great things together.

Conversion 48

Conversion Los Angeles Europe Acquisition 48

Growthink Blog

JANUARY 24, 2018

The startup beauty brand, created as an offshoot of Founder Emily Weiss’ popular blog “ Into the Gloss ” created, released and marketed seven new products in 2017 (that is more than one every other month!), One Wisdom: In so many market spaces, speed of product development, deployment, and marketing is the key success factor.

Artificial Inteligence 48

Artificial Inteligence San Francisco Valuation Reputation 48

maplebutter.com

JANUARY 8, 2013

what are the most crucial steps to be taken by a new tech startup when outsourcing major part of the tech to IT firms or outsourcing “product development” eg new social media website project? I think it’s a huge mistake to outsource technology as a startup. No investor cares about a business plan.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Tim Keane

APRIL 24, 2006

Last night, Bob Zieserl, Venture Capitalist, and general partner at Stratus Ventures, was the keynote speaker at the Marquette University Business Plan Competition. A clear point of view on how the business will achieve significant increases in value.) The product development cycle was excellent.

Wisconsin 60

Wisconsin Angel Investor Bootstrapping Venture Capital 60