Steve Blank

JUNE 11, 2009

Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.

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Cofounder Founder Silicon Valley Technical Cofounder 227

Startup Professionals Musings

JUNE 20, 2016

Thus the top priority of every entrepreneur who wants funding should be to build and highlight their “dream team” of co-founders, executives and advisers, to attract the biggest and best investors. Solo entrepreneurs rarely find an investor. Fill in gaps with expert advisors to make it whole.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Software Review 152

rob.by

MARCH 8, 2012

Finding Technical Cofounders Is Hard. Yesterday, Michael Pope posted an article titled Technical Cofounders Are a Myth. He begins by explaining how he arrived at his conclusion: I began the hunt to find a technical co-founder – a software engineer who works for no cash – to help me build my dream website.

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Technical Cofounder Cofounder Software Engineering Fractional CTO 42

The Startup Magazine

AUGUST 11, 2023

How to evaluate New Businesses at Their Infancy, Their Early Stages, and Their Growth Stages Evaluating a new business venture involves elements of both art and science. During the pre-seed fundraising stage, investors need a viable business plan to base their investments on.

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Seed Stage Technical Review Early Stage Due Diligence 148

Steve Blank

AUGUST 15, 2016

But to do it, you need to actually have a sustainable business model. I don’t recommend anyone become an entrepreneur. Starting a business is too risky. The tools and temperament needed to get from startup idea to startup success were the focus of the guests on today’s Entrepreneurs are Everywhere radio show.

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Cofounder Entrepreneur Africa Sales Cycle 145

SoCal CTO

MARCH 5, 2007

There are quite a few other Software Development Companies in Southern California working on open source and/or freemium business models. ► February (2) CTO Founders / Cofounders Part-Time Startup CTO? Product Manager Entrepreneur Mark Geller SEO for Startups Startup Version 1.0

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Open Source Business Model Technical Cofounder Southern California 150

Steve Blank

SEPTEMBER 5, 2018

Jeff Katzenberg has a great track record – head of the studio at Paramount, chairman of Disney Studios, co-founder of DreamWorks and now chairman of NewTV. Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. ” Fire, Ready, Aim. He just hired Meg Whitman.

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Lean Burn Rate Startup IPO 335

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. From RBI, Flexible VCs borrow the ability to reap meaningful returns without demanding founders build for an exit. By tying payments to actual revenues, founders and investors remain aligned around the company’s real-time performance, good or bad.

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Cofounder Technical Review Equity Dividend 78

Steve Blank

APRIL 23, 2018

A version of this article appeared in the Harvard Business Review. The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. If you’re following Tesla, you might be interested to know that Sloan wasn’t the founder of GM.

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Michigan Cofounder Stock Forecast 285

The Startup Magazine

FEBRUARY 21, 2024

Arif Bhalwani is the co-founder and CEO of Third Eye Capital (TEC) in Toronto, Canada. As the CEO of one of Canada’s largest private credit firms, can you describe the basics of private credit and its increasing importance to budding entrepreneurs? It is also the time to take a hard look at your business model.

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Technical Review Due Diligence Bankruptcy Intellectual Property 158

Steve Blank

AUGUST 15, 2016

But to do it, you need to actually have a sustainable business model. I don’t recommend anyone become an entrepreneur. Starting a business is too risky. The tools and temperament needed to get from startup idea to startup success were the focus of the guests on today’s Entrepreneurs are Everywhere radio show.

Cofounder 120

Cofounder Entrepreneur Africa Sales Cycle 120

VC Cafe

SEPTEMBER 2, 2022

I touched on this in my post “ Founder Investor Fit “ Passing the initial filtering process. Most of these can sound like common sense, but you’d be surprised how many founders skip this initial research. I believe that VCs are in the ‘service’ business and capital is commoditised.

Technical Review 166

Technical Review Early Stage Cofounder Portfolio 166

Startup Professionals Musings

NOVEMBER 30, 2015

Aspiring entrepreneurs often ask me what to do first when starting a business. Just don’t try to sell your business to investors before it is well established. Just don’t try to sell your business to investors before it is well established. Instead, entrepreneurs need to focus first on execution disciplines and timing.

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Intellectual Property Entrepreneur Preferred Stock Stealth 120

View from Seed

DECEMBER 6, 2018

Another affinity-based co-working space? As a seed stage VC, I have a unique privilege of confidentially spending time with a number of entrepreneurs throughout their company formation and initial product development process. And it’s amazed me how many times I’ve seen two or more entirely separate groups of founders?—?without

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Seed Stage Startup Cofounder Stealth 120

Steve Blank

MARCH 12, 2014

. — Teaching students to think like entrepreneurs not accountants. We wanted to teach our students how to think like entrepreneurs not accountants. The startups and the teaching team crafted a challenge for the kids to tackle using the Customer Development methodology, Lean Launchpad tools and the business model canvas.

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Lean Customer Development Startup Silicon Valley 334

Steve Blank

JANUARY 21, 2016

If you’re a technical startup founder, one of the painful lessons is that it’s not enough just to build a great product. You must also understand the value the product provides customers (along with the rest of your business model.). Clay Hebert , founder of Crowdfunding Hacks. Clay Hebert.

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Detroit Baltimore Entrepreneur Cofounder 120

YoungUpstarts

JUNE 27, 2019

by Blake Heron, founder of Skills Co. Effective communication is central to the smooth functioning of every organization irrespective of the business model they are based on. Blake Heron is the founder of Skills Co , an online platform where users can learn new skills from industry experts through video master courses.

Technical Review 127

Technical Review Software Review Cofounder Salary 127

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. Though RBI will displace some traditional equity VC, its much bigger impact will be to expand the pool of capital available for early-stage entrepreneurs. . of founders raise VC; the other 99.4%

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Revenue Term Sheet Founder Technical Review 60

Startup Lessons Learned

MAY 9, 2012

TLDR: Brant Cooper and Patrick Vlaskovits , authors of The Entrepreneur's Guide to Customer Development are back with a new book called The Lean Entrepreneur. From Lean Startup Machine , Lean LA and San Diego Tech Founders , to countless speeches and workshops, I have seen the impact that their leadership has had first hand.

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Entrepreneur Lean Southern California San Diego 167

Hearpreneur

MARCH 15, 2023

Starting a business requires a strong motivation to solve a problem or fill a gap in the market. Entrepreneurs often have a vision and a passion for their ideas, products, or services. Ultimately, the reasons for starting a business are personal and unique to each individual. Thanks to Jonathan Rogers, Credexel ! #4-

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Entrepreneur Finance Affiliate Social Media 113

NZ Entrepreneur

OCTOBER 22, 2019

Founders’ Chat is a series where we share the entrepreneurial journey of founders from the GridAKL start-up hub. As a startup founder, your time and resources tend to be limited. Kiwi businesses paid $750 million+ in electronic card transaction fees in 2018 alone. Get entrepreneur articles by email once a month.

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Founder Cofounder Design Sales 46

Startup Professionals Musings

SEPTEMBER 29, 2023

Being an entrepreneur seems to be one of the most popular lifestyle aspirations these days. In my view, this mismatch of motivation to your business model is the primary reason that 90 percent of startups ultimately fail, and a shockingly high 80 percent of employees are dissatisfied at work.

Intellectual Property 243

Intellectual Property Matching Business Model Cofounder 243

Startup Professionals Musings

NOVEMBER 30, 2020

Some argue the only way to start is to drop everything and jump in with both feet, while others recommend an overlapped approach to the lifestyle, including not quitting your day job until you have revenue and a proven business model. The early entrepreneur lifestyle is not much fun.

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Entrepreneur Private Equity Startup Salary 321

Austin Startup

MARCH 13, 2020

Since then, we’ve served 500+ unique customers, worked with 10+ space partners, pivoted our business model from B2C to B2B, signed on advisers, and have raised money from outside investors. Your partner matters To all those solo-founders out there?—?kudos Especially with the state of the funding for female entrepreneurs.

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B2C Austin B2B Cofounder 62

A Smart Bear: Startups and Marketing for Geeks

AUGUST 8, 2011

It’s “ Loveline for startups ,&# where entrepreneurs get to ask any question about their startup and have me and a rotating co-host tackle the problem and devise constructive next-actions. When should a company should focus on growth only, ignoring the business model and revenue?

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Cofounder Angel Investor Hosting Software Review 226

Startup Professionals Musings

OCTOBER 19, 2015

Most technologists have little interest in the mechanics of starting and building a business. That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. Outside investors are most interested in scaling a proven business model, not research and development.

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Technical Review Intellectual Property Cofounder Bootstrapping 120

Steve Blank

SEPTEMBER 21, 2012

This is a guest post by my Startup Owner’s Manual co-author Bob Dorf. I’ve spent more than four decades founding, coaching, teaching and investing in startups, and nothing breaks my heart more than meeting a starry-eyed founder who says “we’re almost ready to show it to people.” ——————-.

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Startup Cofounder Customer Development Viral 333

Duct Tape Marketing

FEBRUARY 3, 2022

Helping Entrepreneurs Buy And Sell Their Agencies written by John Jantsch read more at Duct Tape Marketing. Amanda is the Co-founder at Barney an M&A firm that specializes in the digital marketing space. In this episode, she’s sharing how she’s helped many entrepreneurs buy and sell businesses.

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Entrepreneur Technical Review Cofounder Valuation 78

Austin Startup

FEBRUARY 1, 2020

Sapient’s Sam Parks and Martin Koch have developed a smart outlet system for commercial deployment The Forrest Four-Cast: January 28, 2020 If Sam Parks , CEO and co-founder of Sapient Industries , weren’t working for his startup, he’d be working as a scientist, using his background in nanotechnology as an applied physicist.

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Philadelphia Technical Review Artificial Inteligence Pennsylvania 62

www.startuplessonslearned.com

MAY 4, 2012

Founders Dilemmas: Equity Splits. The following is an excerpt from HBS Professor Noam Wasserman’s new book, The Founders Dilemmas: Anticipating and Avoiding the Pitfalls That Can Sink a Startup. Noam is one of a rare breed of business academics: he studies entrepreneurship using a rigorous empirical approach. by Eric Ries.

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Equity Founder Technical Cofounder Cofounder 72

Hearpreneur

SEPTEMBER 13, 2019

Whatever the inspiration or relation may be, the naming of your business is one of the most important parts of becoming a CEO. 1- I credit my co-founder. I credit my co-founder Eric Frothingham with coming up with our name. The brand name is the best summary possible of our business model.

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Naming Fractional CTO Entrepreneur CTO Hire 106

Startup Professionals Musings

AUGUST 18, 2023

Some argue the only way to start is to drop everything and jump in with both feet, while others recommend an overlapped approach to the lifestyle, including not quitting your day job until you have revenue and a proven business model. The early entrepreneur lifestyle is not much fun.

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Private Equity Salary Cofounder Equity 255

The Startup Magazine

JANUARY 19, 2021

As part of The Startup Magazine’s Female Founder Interview series , we interviewed Nicole Price of the Chicago-based International Center for Breathwork. TSM: In this current environment, what have been the additional business challenges for you and how have you adjusted your operation and business model?

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ReadWriteStart

OCTOBER 4, 2012

Recently several entrepreneurs in New York City got together to do just that, holding the inaugural Startup Funeral to honor the memory of three dead technology companies. asks event co-organizer Leo Newball Jr. “No Even if one dies, the entrepreneur can go on and learn from the process. But nobody celebrates the actual event.

Technical Cofounder 152

Technical Cofounder Cofounder Video New York City 152

YoungUpstarts

JUNE 1, 2019

In two of these three phases – the first and third – volumes of helpful information and numerous organizations are readily available to help guide and support founders of startups. These are the consultants and books that offer founders the tools and insights needed to “cross the chasm” ( as Geoffrey Moore put it ) and begin to scale.

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Cleveland Framework Marketing Early Stage 150

Hearpreneur

MAY 4, 2019

Why did you start your business? What I’ve learned from my experiences as a four-time entrepreneur and an angel investor in more than thirty startups is that while it often looks as if world-altering business opportunities emerge by accident, they can, in fact, be discovered and scaled in a methodical way. Tell us your story.

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Cofounder Founder Entrepreneur Venture Capital 67

Startup Professionals Musings

FEBRUARY 18, 2022

You can’t win as an entrepreneur or business owner without full confidence in your own ability, as well as in your solution and business model. Of course, you can be overly confident or unrealistic in your expectations, without the skills or plans to run a business.

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Flash Angel Investor Cofounder Analytics 353