Steve Blank

SEPTEMBER 5, 2018

Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. The mantra of “ first mover advantage ,” the idea that winners are the ones who are the first entrants in their market, became the conventional wisdom of investors in Silicon Valley.“

Lean 335

Lean Burn Rate Startup IPO 335

Up and Running

MARCH 11, 2020

Resources for starting a transportation business. Transportation business plan samples. How to start a non-emergency medical transport business. Free downloadable business plan template . 44 percent of businesses plan to increase tech spending in 2020, up from 38 percent in 2019. Technology.

Technical Review 97

Technical Review Green Silicon Valley Non-Compete 97

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. It’s all about making your business life easier, doing what works best, getting the best results by tracking what works and always improving.

Lean 60

Lean Business Plan Video Software Review 60

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.

Seed Stage 100

Seed Stage Silicon Valley Incubator Asia 100

Steve Blank

APRIL 14, 2013

business models. But for the last decade “innovation” in Chinese software meant something different than it did in Silicon Valley. Entrepreneurs in Beijing were knowledgeable about Silicon Valley, entrepreneurship and the state of software and tools available for two reasons. Entrepreneurial Culture.

China 215

China Silicon Valley Non-Compete Intellectual Property 215

Steve Blank

JUNE 8, 2021

The trick is we use the same Lean LaunchPad / I-Corps curriculum — and the same class structure – experiential, hands-on– driven this time by a mission -model not a business model. Steve Weinstein , 30-year veteran of Silicon Valley technology companies and Hollywood media companies. He runs H4X Labs.

Lean 385

Lean Security Asia SBIR 385

Startup Professionals Musings

JUNE 26, 2020

As an advisor to new hardware entrepreneurs, I often hear the myth that a business plan is no longer required to find an investor, if your idea is good enough. You may have heard that venture capitalists in Silicon Valley no longer read business plans. Provide specifics on the customer business model.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

JANUARY 31, 2015

If you sold your last startup for $800 million, you probably already know how to build a business, and even conservative investors won’t worry about the quality of your next business plan. A great business plan doesn’t have to be a book in length, with extensive financial statements.

Business Plan 120

Business Plan Silicon Valley Startup Exit Strategy 120

Steve Blank

DECEMBER 13, 2010

The idea of this course started on a trip to Stanford University during March 2010, where we realized that many of the great innovations in Silicon Valley are born from Computer Science students, so we said “We should give our computer science students an opportunity to develop a company”.

Chile 235

Chile Silicon Valley Lean Agile 235

The Next Web

JULY 20, 2013

They speak about how they love to help entrepreneurs build successful companies, yet when I ask them to give me feedback on my business plan or idea, they usually don’t even bother writing me back. And if they do, they complain about lack of global potential or misunderstand my product completely. “Do

Silicon Valley 124

Silicon Valley Mongolia Technical Cofounder Entrepreneur 124

Steve Blank

AUGUST 31, 2009

Startups don’t fail because they lack a product; they fail because they lack customers and a profitable business model. Look at the Product Development model and you might wonder, “Where are the customers?” Where exactly did the assumptions in our startup business plan come from?” before you ship.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

DECEMBER 7, 2009

I was out and about in Silicon Valley doing what I would now call Customer Discovery trying to understand how marketing departments in large corporations worked. I remember presenting our ideas for Marketing Automation to one VP of Marketing in a large Silicon Valley company. It’s just a story about what happened to me.

Silicon Valley 225

Silicon Valley Non-disclosure Agreement NDA Startup 225

Steve Blank

MARCH 29, 2010

The key things I want students to take from the class are: Understand that a startup is a temporary organization designed to search for a profitable business model. Learn how to put together a business model , not a business plan. Class Logistics. As described in the previous post , this is a hands-on class.

Business Model 226

Business Model Silicon Valley California Engineer 226

Steve Blank

OCTOBER 31, 2014

The trap most of them fell into (common almost everywhere): they were reading the blog posts and advice of Silicon Valley-based companies and believing that it uniformly applied to them. For example, many of the Australian sports tech business models shared common elements. It doesn’t. Born Global or Die Local.

Global 335

Global Australia Silicon Valley China 335

Steve Blank

JUNE 12, 2020

And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a business model. Steve Weinstein 30-year veteran of Silicon Valley technology companies and Hollywood media companies. He runs H4X Labs.

Oakland 301

Oakland Asia Lean Video 301

crowdSPRING Blog

NOVEMBER 30, 2012

Start With a Business Model, Not a Business Plan | WSJ – [link]. The danger of waiting to long to find a business model? In Silicon Valley, Technology Talent Gap Threatens G.O.P. Special Report: Silicon Valley’s dirty secret – age bias | Reuters – [link].

Social Media 100

Social Media Small Business Central African Republic Design 100

Duct Tape Marketing

APRIL 6, 2022

John Jantsch (02:29): So I'm curious, how did you get into the business of advising startups? Well, Steve Hoffman (02:34): First of all, I did three venture funded startups in Silicon valley and two bootstrap startups. You know, could you look at my business plan? So you are your, your business model.

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

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. Silicon Valley, New York). Startups now understand what they should be doing in their early formative days is search for a business model.

Silicon Valley 281

Silicon Valley Business Model Early Stage Venture Capital 281

Steve Blank

JULY 25, 2011

Scientists and engineers as founders and startup CEOs is one of the least celebrated contributions of Silicon Valley. ESL, the first company I worked for in Silicon Valley , was founded by a PhD in Math and six other scientists and engineers. Why It’s “Silicon” Valley. It might be its most important.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

Steve Blank

DECEMBER 27, 2011

The following week Ron Morris interviewed Regis McKenna , who for decades was the “gold standard” for high tech Public Relations in Silicon Valley. Filed under: Big Companies versus Startups: Durant versus Sloan , Business Model versus Business Plan , Customer Development.

Silicon Valley 224

Silicon Valley Entrepreneur Public Relations Business Model 224

Steve Blank

JUNE 4, 2012

This is a 3-day program for entrepreneurship faculty from around the world how to teach entrepreneurship via the Lean LaunchPad approach ( business model canvas + customer development ) and bring their entrepreneurship curriculums into the 21st century. Mainstream Entrepreneurship. We think we got it figured out.

Silicon Valley 305

Silicon Valley Lean Utah Customer Development 305

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. They are roles like “the logical one,” “the idea person” or “the touchy-feely guy.”. The 3 Types of Intelligence.

Founder 144

Founder Silicon Valley Startup Incubator 144

Steve Blank

JUNE 1, 2011

Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Silicon Valley, New York). Yet boards of large companies exist to monitor efficient strategy and execution of a known business model.

Silicon Valley 290

Silicon Valley Business Model Venture Capital Balance Sheet 290

Up and Running

DECEMBER 7, 2012

Here at Palo Alto Software , we’ve added a major new feature to our business planning app , LivePlan, that I think you’re going to love. The mythology of startup planning. The startup mythology is that entrepreneurs don’t actually plan. The goal of any business is to find a scalable and repeatable business model.

Business Model 105

Business Model Developer Silicon Valley Business Plan 105

Steve Blank

JUNE 1, 2011

Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Silicon Valley, New York). Yet boards of large companies exist to monitor efficient strategy and execution of a known business model.

Silicon Valley 258

Silicon Valley Business Model Venture Capital Balance Sheet 258

Startup Professionals Musings

MAY 1, 2019

Unfortunately, your next stage of scaling the business is fraught with potential oversights that can lead to the downfall of even the best-laid business plans. With the real data from that surge, you need to take a hard look at business model realities, cost of customer acquisition, inventory costs, and other key metrics.

Silicon Valley 215

Silicon Valley Bankruptcy Metrics Valuation 215

YoungUpstarts

JANUARY 6, 2014

Silicon Valley entrepreneurs and investors love our premium socks, and we’re spreading that love around the country with growing sales sparked by creative marketing campaigns – all made affordable through digital management of sales and inventory. Our initial business plans have only the basics: an idea and creative implementation.

San Francisco 154

San Francisco Business Model Silicon Valley Coder 154

Startup Professionals Musings

DECEMBER 8, 2017

Unless you are a serial entrepreneur with a string of successes behind you, you need a business plan to convince investors that you can build a business out of the dream that has been driving your passion to change the world. Provide details on the business model and cash flow.

Elevator Pitch 163

Elevator Pitch Angel Investor Silicon Valley Revenue 163

Up and Running

MAY 3, 2012

Entrepreneurship continues to be a sexy topic for governments, with every country worth its salt trying to create its own tech hub, mimicking Silicon Valley. Sean Seton-Rogers of PROfounders Capital recently claimed that of the more than 3,500 business plans they had received, his London, U.K. What is there not to like?

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

Steve Blank

JANUARY 25, 2010

In this post we’re going to offer a new definition of why startups exist : a startup is an organization formed to search for a repeatable and scalable business model. A Business Model. Ok, but what is a business model ? A business model describes how your company creates, delivers and captures value.

Agile 335

Agile Startup Silicon Valley Business Model 335

Steve Blank

JANUARY 22, 2013

In cohort one, 25 teams chosen from a field of 100+, worked fulltime for eight weeks to take their ideas from a “cocktail napkin” business idea to a viable, scalable business model. Then the coaches joined their teams for three days of business model development, feedback, and training.

Colombia 321

Colombia Lean Silicon Valley Coder 321

crowdSPRING Blog

MAY 10, 2013

Defending the Brash Arrogance of Silicon Valley | by Mike Greenfield – [link]. It’s difficult to fake corporate culture | Business Insider – [link]. How a 1-Page Business Model Will – and Won’t–Help Your Lean Startup | by Kevin Dewalt – [link]. The Business Plan.

Social Media 93

Social Media Small Business Design Media 93

Steve Blank

JULY 28, 2011

Silicon Valley was born in an era of applied experimentation driven by scientists and engineers. This approach would shape Silicon Valley’s entrepreneurial ethos: In startups, failure was treated as experience (until you ran out of money). Yet this system isn’t perfect. – seems like another planet.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

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. They are roles like “the logical one,” “the idea person” or “the touchy-feely guy.” The 3 Types of Intelligence John B.

Founder 65

Founder Silicon Valley Startup Incubator 65

Steve Blank

NOVEMBER 15, 2011

Our Lean LaunchPad class teaches scientists and engineers that starting a company is another research project that can be solved by an iterative process of hypotheses testing and experimentation built around the business model / customer development / agile development solution stack. And I am definitely enjoying it.”.

Silicon Valley 242

Silicon Valley Lean Customer Development Business Model 242

Steve Blank

JANUARY 22, 2013

In cohort one, 25 teams chosen from a field of 100+, worked fulltime for eight weeks to take their ideas from a “cocktail napkin” business idea to a viable, scalable business model. Then the coaches joined their teams for three days of business model development, feedback, and training.

Colombia 271

Colombia Lean Silicon Valley Coder 271

Steve Blank

MAY 7, 2009

I hate business plan competitions. I Love Business Plan Competitions I had a breakfast with a friend who has founded a few companies in Thailand and started the New Ventures Program at one of their universities. If you are outside of Silicon Valley, you ought to jump into them with both feet.

Business Plan 140

Business Plan Silicon Valley RSS Venture Capital 140