ReadWriteStart

DECEMBER 15, 2011

We also explored business models that not only can span advertising, subscription, and e-commerce, but also hybrid virtual-physical concepts that could even draw upon a Starbucks of Salsa, Tango or Swing! As you may recall from previous roundtable posts, that 1M/1M works closely with many incubators around the world.

Romania 123

Romania Web Incubator Entrepreneur 123

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

The Startup Magazine

AUGUST 11, 2023

One needs to evaluate their go-to-market strategy, distribution channels, scalability, execution team, and so on at this time. During the pre-seed fundraising stage, investors need a viable business plan to base their investments on. This is partly because information beyond the founding team and a pitch deck are scarce.

Seed Stage 127

Seed Stage Technical Review Early Stage Due Diligence 127

ReadWriteStart

JUNE 16, 2011

Freshdesk First, Girish Mathrubootham from Chennai, India, pitched Freshdesk , a SaaS company that provides small and medium businesses with on-demand customer support software that offers multi-channel social support. You can read more about Freshdesk on the 1M/1M Incubation Radar today.

India 123

India Bootstrapping Non-Compete Entrepreneur 123

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

Steve Blank

JUNE 26, 2015

In the last five years “ Lean Startup ” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. However in practice most companies treated the Three Horizons like they are simply incremental execution of the same business model.

Lean 120

Lean Management Business Model Incubator 120

ReadWriteStart

MAY 19, 2011

During today's roundtable, we opened the session with a discussion of the existential crisis in media and how talented bloggers and journalists are facing a tough time sustaining themselves due to lack of business models. We also did some segmentation work and related exploration of relevant channels. MyDataOrganizer.

India 115

India Silicon Valley Entrepreneur Affiliate 115

Startup Professionals Musings

MAY 21, 2023

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” I always answer that there isn’t any magic, and contrary to the popular myth, nobody is waiting in the wings to throw money at you, just because you have a new and exciting business idea.

Equity 266

Equity Startup Small Business Administration SBA 266

ReadWriteStart

APRIL 14, 2011

a group of entrepreneurs from TiE Chennai gathered at the Indian Institute of Technology-Madras (IIT-M) Research Park campus, and we spent the next four hours discussing strategy and tactics of early-stage entrepreneurship. The majority of the discussion was about go-to-market strategy, channels and regulatory issues. At 11 a.m.,

India 126

India Technical Review Entrepreneur Silicon Valley 126

Startup Professionals Musings

AUGUST 29, 2020

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” I always answer that there isn’t any magic, and contrary to the popular myth, nobody is waiting in the wings to throw money at you, just because you have a new and exciting business idea.

Equity 436

Equity Small Business Administration SBA Syndicate 436

Steve Blank

MARCH 31, 2014

I like the guy because he’s credited with coining the word entrepreneur. Just look at the disruptive challenges that businesses face today– globalization, China as a manufacturer, China as a consumer, the Internet, and a steady stream of new startups. These innovations do not require change in a company’s existing business model.

Private Equity 326

Private Equity Metrics China Intellectual Property 326

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. Get Out of the Building and test the Business Model.

Lean 300

Lean Business Model Customer Development Guinea 300

Startup Professionals Musings

OCTOBER 10, 2018

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” I always answer that there isn’t any magic, and contrary to the popular myth, nobody is waiting in the wings to throw money at you, just because you have a new and exciting business idea.

Entrepreneur 240

Entrepreneur Equity Small Business Administration SBA 240

ReadWriteStart

APRIL 1, 2011

1M/1M will be working with Microsoft in helping entrepreneurs prepare for these grants. As for business model, Jigar wants to sell services like refilling cards. The company has distribution through about 50 retailers in Chennai, and is looking for ways to market their product through online channels. Discuss.

India 119

India Guerilla Entrepreneur New Zealand 119

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. Our business model back then was very complex, and it included a B2C as well as a B2B business model, that wasn’t being implemented yet. It was all hypothetical.

Programming 124

Programming Chile B2B B2C 124

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 435

Lean Agile Business Model Business Plan 435

ReadWriteStart

SEPTEMBER 23, 2010

At today's roundtable, we had three niche e-commerce entrepreneurs and two e-commerce infrastructure entrepreneurs. I will describe their businesses briefly, below. I will connect the company to a few larger companies that may be good OEM channels for them. GrillGrate. JCLABoutique.com. TheNextBigZing.com.

India 114

India Silicon Valley Incubator Bootstrapping 114

Steve Blank

MAY 29, 2019

The easy part is, “Let’s have an incubator.” Innovators are not entrepreneurs. My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.” How innovation can succeed inside of a large company. Building an entrepreneurship ecosystem.

Incubator 331

Incubator Lean Programming Government 331

Startup Professionals Musings

OCTOBER 12, 2014

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” I always answer that there isn’t any magic, and contrary to the popular myth, nobody is waiting in the wings to throw money at you, just because you have a new and exciting business idea.

Entrepreneur 283

Entrepreneur Startup Equity Small Business Administration 283

Steve Blank

FEBRUARY 25, 2014

Corporations running internal incubators face many of the same selection issues as startup investors, plus they must grapple with the issues of integrating new ideas into existing P&L-driven functions or business units. a language corporate innovation groups can use to communicate to business units and finance.

Incubator 312

Incubator Intellectual Property Startup Lean 312

ReadWriteStart

OCTOBER 13, 2011

Please remember, free is not a business model. a healthcare IT business for managing compliance requirements for pharmaceutical and medical device companies, recording transactions that involve payments to physicians. Please note that I work exclusively with 1M/1M entrepreneurs. The Free Rider Problem.

Business Model 122

Business Model New Hampshire Dallas Entrepreneur 122

Steve Blank

JUNE 11, 2012

Mentors (average age ~50) are an experienced entrepreneur located near the academic institution and has experience in transiting technology out of academic labs. The NSF I-Corps Lean LaunchPad class has different goals then the same class taught in a university or incubator. Methodology. They left with very deep knowledge.

Lean 252

Lean Incubator Business Model Georgia 252

Steve Blank

FEBRUARY 22, 2016

While finding product-market fit is important, getting the rest of the business model right is the difference between and a great demo and a great business. He is also a co-founder of XediaLabs , a DC-based incubator that provides training and technical consulting to local startups. What was the value proposition?

Cofounder 120

Cofounder DC Entrepreneur Silicon Valley 120

Steve Blank

MARCH 7, 2012

The class is intensely and deliberately experiential to develop the mindset, reflexes, agility and resilience an entrepreneur needs to search for certainty in a chaotic world. The premise of the class is that startups, are not about executing a plan where the product, customers, channel are known. Yet this isn’t an incubator.

Lean 258

Lean Business Model Agile United States 258

ReadWriteStart

SEPTEMBER 3, 2010

They make a lot of money, and nothing in Anuj's business model convinced me that these people have any interest or incentive to go around teaching, especially in rural India. I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008. I asked him to abandon this idea and find a better one.

Channel 115

Channel India Bootstrapping Silicon Valley 115

ReadWriteStart

JANUARY 27, 2011

This partnership speaks to a core philosophy of the program where we encourage entrepreneurs to get as much customer validation as possible before raising too much money, use other people's channels if you can get to them, don't burn too much cash, and all that good fiscal conservative stuff. LetsGiftIt.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

Hearpreneur

SEPTEMBER 16, 2020

We asked entrepreneurs and business owners on their best business or entrepreneur turnaround story and here are the responses. #1- When it launched in 97 it was a DVD rental business whose only real value proposition was the mail-order element of its operation. 1- Reed Hastings. Photo Credit: Paige Arnof-Fenn.

Entrepreneur 108

Entrepreneur China Incubator Philippines 108

Startup Professionals Musings

SEPTEMBER 25, 2016

One of the most frequent questions I get as a mentor to entrepreneurs is “How do I find the money to start my business?” I always answer that there isn’t any magic, and contrary to the popular myth, nobody is waiting in the wings to throw money at you, just because you have a new and exciting business idea.

Equity 120

Equity Small Business Administration SBA Syndicate 120

Steve Blank

SEPTEMBER 2, 2015

Resilience – the ability to bounce back from adversity – is one of the key attributes of entrepreneurs and was the focus of my first weekly radio show, Entrepreneurs are Everywhere , on Sirius XM Radio Channel 111. On the alumni side, we set up an incubator downtown, called the Columbia Startup Lab. …

Entrepreneur 120

Entrepreneur New York Cofounder Equity 120

ReadWriteStart

MAY 4, 2011

The business is very different in London, and my feedback was that investors want a repeatable business model. For that to happen, he needs to show investors how his India model scales, without introducing a random London factor in the business. Ashish wants to raise money and scale rapidly. Discuss.

India 116

India Entrepreneur Silicon Valley Massachusetts 116

Steve Blank

AUGUST 5, 2010

Fairchild Semiconductor became the progenitor of a flood of Silicon Valley chip companies and at the same time the adoption of the limited partnership as the model for Venture Firms gave VC’s their own profitable business model. One could argue that there’s nothing new here, as Internet distibution models started in 1995.

Lean 260

Lean Internet Silicon Valley Venture Capital 260

www.xconomy.com

JUNE 9, 2012

Tech Channels ▾ Cleantech ›. San Diego’s Free EvoNexus Tech Incubator Gains Qualcomm Expertise. Here’s some big news for San Diego’s innovation economy: There’s a new venture capital firm in town—and its investment methodology represents a fundamentally different approach to the conventional business model for venture investing.

San Diego 40

San Diego Venture Capital Technical Review San Francisco 40

Up and Running

MAY 17, 2012

Crowdfunding is an excellent way to reach potential donors who you wouldn’t have access to through more traditional channels. After we finalized our business plan, we researched and applied to several business plan competitions and eventually won the MillerCoors Urban Entrepreneur Series. This isn’t the case at all.

Silicon Valley 103

Silicon Valley Startup Campaign Incubator 103

Steve Blank

NOVEMBER 25, 2013

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. We now have the tools, technology and data to take incubators and accelerators to the next level. We think we can do better.

Oakland 327

Oakland Incubator Lean Metrics 327

www.usatoday.com

JULY 16, 2012

After years of the San Francisco Bay Area dominating the tech start-up scene, with huge smashes such as Facebook, Google and Twitter, entrepreneurs are finding they can go elsewhere to grow and prosper. It takes awhile for the financial people to catch up with the entrepreneurs." Americas new business model: Sharing.

Los Angeles 87

Los Angeles San Francisco Southern California Silicon Valley 87

ReadWriteStart

SEPTEMBER 16, 2011

At today's roundtable, we had entrepreneurs presenting from Brazil, Israel and India. In fact, I was pleased to even see an entrepreneur from Kolkata, India, the city in which I was born and raised. Please note, that I work exclusively with 1M/1M entrepreneurs. She is a Silicon Valley entrepreneur and strategy consultant.

Brazil 115

Brazil India Entrepreneur 115

Steve Blank

JULY 29, 2013

For some entrepreneurs this idea that the founder is not necessarily the CEO, is a surprise. Its goal is to take the original idea and search for a repeatable and scalable business model - first by finding product/market fit, then by testing all the parts of the business model (pricing, channel, acquisition/activation, partners, costs, etc.).

Cofounder 335

Cofounder Advisory Board Customer Development Leadership 335