Remove Business Model Remove Channel Remove Intellectual Property Remove Matching
article thumbnail

10 Common Startup Mistakes That Are Rarely Admitted

Startup Professionals Musings

Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. There is no substitute for market research to confirm that your passion matches a real need in the market. Not every great idea is a viable business.

article thumbnail

10 Popular Business Strategies That Most Often Fail

Startup Professionals Musings

Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. There is no substitute for market research to confirm that your passion matches a real need in the market. Not every great idea is a viable business.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Find the Right Co-Founders?

Steve Blank

Surprisingly if you’ve filled out the business model canvas you already know who you need. She started by sketching her business model canvas on a napkin, but somehow the conversation quickly shifted to what was really on her mind. ——-. I told Radhika this is a perennial question for startups.

Cofounder 335
article thumbnail

Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

Most large companies manage three types of innovation: process innovation (making existing products incrementally better), continuous innovation (building on the strength of the company’s current business model but creating new elements) and disruptive innovation (creating products or services that did not exist before.).

article thumbnail

10 Shortcuts To Startup Success I Don’t Recommend

Startup Professionals Musings

Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. There is no substitute for market research to confirm that your passion matches a real need in the market. Not every great idea is a viable business.

article thumbnail

10 Paths Which Often Lead To Early Business Failure

Startup Professionals Musings

Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. There is no substitute for market research to confirm that your passion matches a real need in the market. Not every great idea is a viable business.

article thumbnail

ESADE Business School Commencement Speech

Steve Blank

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. Act Like a Startup.