Startup Professionals Musings

SEPTEMBER 19, 2011

Nail the business model. Leverage your customer conversations to predict and validate your business model. For example, when you think about distribution channels, revenue streams, or the relationship with the customer, ask customers what they expect. It’s time for a new startup model. Marty Zwilling.

Startup 286

Startup Angel Investor Technical Review Incubator 286

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

Steve Blank

JUNE 26, 2015

The first, the notion of the “ ambidextrous organization ” from O’Reilly and Tushman , posits that companies that want to do continuous innovation need to execute their core business model while innovating in parallel. Horizon 1 activities support existing business models. Horizon 1 is the company’s core business.

Lean 120

Lean Management Business Model Incubator 120

YoungUpstarts

SEPTEMBER 10, 2018

by Marc Pitart, founder and CEO of onlineresume.us. 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.

Programming 124

Programming Chile B2B B2C 124

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 31, 2014

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. The first will be commodity businesses that are valued for their ability to execute their current business model. This never ends well.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Steve Blank

JULY 13, 2021

Business plans presume that building a startup is a series of predictable steps requiring execution of a plan which assumes a series of known facts: known customers, known features, known pricing, known distribution channel. The reality is that most business plans don’t survive first contact with customers. experiential.

Lean 433

Lean Agile Business Model Business Plan 433

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

Steve Blank

MAY 29, 2019

The easy part is, “Let’s have an incubator.” My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.” Today the capstone class is most often experiential, team-based, hands on, focused around the search for a repeatable and scalable business model.

Incubator 331

Incubator Lean Programming Government 331

ReadWriteStart

APRIL 14, 2011

At the roundtable, five entrepreneurs pitched their businesses to me, and I interacted with them in our usual format, with active participation from the audience. First up, Girish Mathrubootham from Chennai, India, presented Freshdesk , a SaaS solution for multi-channel customer support including knowledge base and social CRM support.

India 126

India Technical Review Entrepreneur Silicon Valley 126

Steve Blank

OCTOBER 24, 2017

Why do these founders get to stay around? Because the balance of power has dramatically shifted from investors to founders. VCs competing for unicorn investments have given founders control of the board. — all great things when you are executing and scaling a known business model. Board Control.

Founder 245

Founder Technical Review CTO Hire IPO 245

ReadWriteStart

APRIL 1, 2011

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. We discussed guerilla p.r., product reviews through blogs, as well as SEO, blogs, and social media marketing.

India 119

India Guerilla Entrepreneur New Zealand 119

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. The Free Rider Problem. Also, Michaeline Daboul, from New Hampshire, pitched MMIS Inc. ,

Business Model 122

Business Model New Hampshire Dallas Entrepreneur 122

Steve Blank

OCTOBER 3, 2014

It’s now been over 3 years since the team has left my classroom and I thought I’d share with you what the two founders, Jorge Heraud and Lee Redden, learned then and what they’re doing now. At week six they were trying to figure out their distribution channel ( here ) after another pivot. The Autonomous Lawnmower.

Lean 272

Lean Silicon Valley Customer Development Incubator 272

Steve Blank

FEBRUARY 3, 2015

I remind my students that I’m teaching them a methodology they can use the rest of their careers, not running an incubator. The question was: Could we get these companies to pivot and learn when they already thought they had an existing business model?). Each week the team presented their findings to the class and teaching team.

North America 120

North America Lean Customer Development Distribution 120

Steve Blank

FEBRUARY 12, 2015

Over breakfast he got me up to date on his life since school (two non-CEO roles in startups,) but he wanted to talk about his third startup – the one he and two co-founders had started. In this first step, the goal of a startup is to search for a repeatable and scalable business model.

Startup 120

Startup Lean Venture Capital Advisory Board 120

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. The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more.

Cofounder 120

Cofounder DC Entrepreneur Silicon Valley 120

www.xconomy.com

JUNE 9, 2012

Sakti3 Founder Sastry to Step Down From U-M. Tech Channels ▾ Cleantech ›. San Diego’s Free EvoNexus Tech Incubator Gains Qualcomm Expertise. VP of Strategic and Emerging Business Development, Microsoft. Co-Founder and CEO, Wetpaint. Founder, DEKA Research and Development Corporation. Xconomy San Diego.

San Diego 40

San Diego Venture Capital Technical Review San Francisco 40

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. You can register for the next roundtable here.

Dilution 114

Dilution Revenue Finance Entrepreneur 114

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. … Broken startup dreams.

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.

India 116

India Entrepreneur Silicon Valley Massachusetts 116

Hearpreneur

SEPTEMBER 16, 2020

When it launched in 97 it was a DVD rental business whose only real value proposition was the mail-order element of its operation. Fast forward 20+ years and Netflix has become one of the biggest TV and movie studios in the world, with more subscribers than all the cable TV channels in America combined! 5- Jack Ma founder of Alibaba.

Entrepreneur 107

Entrepreneur China Incubator Philippines 107

Bryce Dot VC

JANUARY 5, 2015

It is not a small business loan program. . It is not an accelerator, incubator or any other type of ator. . VC funding can great for some companies, but it comes with a certain set of expectations that have an impact on everything from business model to company culture. What it is. What it isn’t. And have their place.

San Francisco 40

San Francisco Cap Table Non-Compete Distribution 40

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 326

Oakland Incubator Lean Metrics 326

www.usatoday.com

JULY 16, 2012

Jen Sargent, founder of entertainment news site HitFix, says she can get folks to work for her at much lower rates than the "inflated" fees being offered in Silicon Valley and New York. Now hes the co-founder of TextPlus, which makes a popular app for making free texts and phone calls on smartphones. That said a lot." Advertisement.

Los Angeles 87

Los Angeles San Francisco Southern California Silicon Valley 87

Steve Blank

JULY 29, 2013

There’s been a lot written about the individual characteristics of what makes a great founder , but a lot less about what makes a great founding team and how that’s different from a great founding CEO. In doing so we’ve failed to help founders understand what it takes to build a great founding team. Founders – the idea.

Cofounder 335

Cofounder Advisory Board Customer Development Leadership 335

View from Seed

MARCH 15, 2017

Founding Team: Three bullet points on each founder’s background as well as any early team members crucial to the then current version of the company. Founders’ employ intuition and rapid reaction to their market(s) to pivot and evolve their model. Any seed stage company’s strategy is a constant work-in-progress.

Due Diligence 265

Due Diligence Seed Stage Portfolio Metrics 265

Seeing Both Sides

AUGUST 16, 2012

TripAdvisor may be one of the most fascinating companies I know and so I was excited to dig into their business model as part of my series on scaling. TripAdvisor is more of a classic consumer Internet success story, but with even more powerful network effects and an amazing business model. Henry Harteveldt, Forrester.

Part-Time VPE 54

Part-Time VPE Software Review Costa Rica Technical Review 54

Startup Professionals Musings

NOVEMBER 27, 2017

Innovation doesn’t always make you a winner in business. In my role as an angel investor in startups, almost every pitch I see highlights some real innovation in technology, business model, or market opportunity. Yet only a few of these get funded, and even fewer become dominant players in their chosen space.

Silicon Valley 136

Silicon Valley Differentiation Angel Investor Incubator 136

maplebutter.com

JANUARY 8, 2013

My goal is to some day get an honorary degree for kicking ass in business. Whats is the best way to find a co-founder for your startup? However, one of my co-founders doesn’t seem to be as motivated as the rest of us. If you’re looking to find / earn a technical co-founder then Andrew’s article is the best read.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

ReadWriteStart

SEPTEMBER 16, 2011

Nir is contemplating various different business models and channel options, all the way from Freemium B-to-C to white labeling the solution for universities and colleges. I advised him to focus on the for-profit colleges and business schools in India and sell them a white label solution, hence a B-to-B business model.

Brazil 115

Brazil India Entrepreneur 115

Up and Running

JANUARY 20, 2015

Rather than adding de-stressing activities to my to do list, I’d like to learn more about channeling that stress into positive results in the moment. But the book makes my list because I’m interested in reading stories about the founders of the companies listed in the description. By Aimee Bernstein. The Membership Economy.

Widget 60

Widget Agile Small Business United States 60

mashable.com

NOVEMBER 3, 2010

For the first-time entrepreneur or founder looking for seed stage funding, this circle can be especially difficult to penetrate. Brad Feld: Feld is co-founder and managing director of Foundry Group, a Boulder, Colorado venture capital firm that focuses on early stage investments ranging from $250,000 to $500,000.

Angel Investor 80

Angel Investor Startup San Francisco Social Media 80

Life Beyond Code

SEPTEMBER 27, 2011

a distributed, democratic model of capitalism. SM: Every incubator you look at takes pride in how exclusive they are. We want every entrepreneur to have access to our curriculum and incubation services, and give them an opportunity to build their businesses, irrespective of the scale of their entrepreneurial aspirations.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116

Steve Blank

MAY 9, 2017

When the product and channel are bits, adoption by 10’s and 100’s of millions and even billions of users can happen in years versus decades. The founders were simply wrong about their assumptions about customer needs. It turns out the term “visionary founder” was usually a synonym for someone who was hallucinating.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

Steve Blank

NOVEMBER 24, 2010

The founders were simply wrong about their assumptions about customer needs. In addition to super angels, incubators like Y Combinator , TechStars and the 100+ plus others worldwide like them have begun to formalize seed-investing. The emergence of incubators and super angels have dramatically expanded the sources of seed capital.

Silicon Valley 335

Silicon Valley United States Venture Capital Software Review 335

crowdSPRING Blog

MARCH 1, 2010

07:00 PM: TechSet Party Speakeasy – This Friday SXSW kickoff party unites the digerati as they channel their inner Fame Monster by reviving a decade of style and glamour that made the social elite go ga ga. The panel will discuss core tenets of this theory and how it is affecting current and future digital media business models.

Omaha 79

Omaha Silicon Valley Technical Review Social Media 79