Steve Blank

APRIL 23, 2014

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.).

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

The Startup Magazine

MARCH 29, 2024

Designing Your Business Model Crafting a business model is like building a blueprint for your venture. Revenue streams are another critical component of your business model. Will you opt for direct sales, subscriptions, or a freemium model?

Intellectual Property 132

Intellectual Property Angel Investor Business Model Bootstrapping 132

Startup Professionals Musings

APRIL 29, 2023

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Intellectual Property 278

Intellectual Property Social Media Business Model Employee 278

Up and Running

AUGUST 24, 2020

Cutting costs , revisiting forecasts , and stabilizing your business. You’re not forgetting it or avoiding the practices that have saved your business so far. Not only because of its capability to accelerate and automate rule-based processes but also because it helps achieve better operational efficiency and reduces human error.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Startup Professionals Musings

APRIL 26, 2021

Of course, you can find these elements embodied in many of the business plan templates and tools out there, such as the Business Model Canvas. Free” is not an exciting business model for investor interest. Show a cost margin of at least fifty percent. Identify your intellectual property or “secret sauce.”

Intellectual Property 332

Intellectual Property Angel Investor Business Model Channel 332

Startup Professionals Musings

AUGUST 3, 2020

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Intellectual Property 436

Intellectual Property Social Media Business Model Employee 436

Up and Running

SEPTEMBER 19, 2018

Write your business plan and develop your business model with this in mind so you can avoid these issues. . You can choose from a few different types of business plans depending on your needs. If you’re seeking investment, you need a traditional business plan. Your operations plan. Be specific.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Startup Professionals Musings

JULY 9, 2017

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. In my experience as a new business advisor, a business is nothing until people are aligned and work in sync. Key resources.

Business Model 143

Business Model Intellectual Property Startup Angel Investor 143

YoungUpstarts

JANUARY 30, 2015

billion in operating income in 4Q14. While TBR expects margin growth to be uneven through 2015, revenue and gross profit will continue to increase, due to the ability of its advertising business to monetize the proliferation of mobile devices and maintain its dominance in desktop search. Google recorded revenue of $16.2

Advertising 100

Advertising Revenue Mobile Intellectual Property 100

Startup Professionals Musings

APRIL 3, 2016

I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Assume passion level defines business opportunity.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

Startup Professionals Musings

MAY 27, 2016

Investors like to see new intellectual property as a barrier to entry. Plan includes a business model with good margins. Counting on sustaining the business through more free users and growth in eyeballs for advertisers is a naïve and risky approach and it implies investors with very deep pockets.

Technical Review 134

Technical Review Intellectual Property Due Diligence Angel Investor 134

Startup Professionals Musings

APRIL 1, 2015

I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Assume passion level defines business opportunity.

Intellectual Property 120

Intellectual Property Angel Investor Viral Distribution 120

Startup Professionals Musings

JULY 13, 2019

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. In my experience as a new business advisor, a business is nothing until people are aligned and work in sync. Key resources.

Intellectual Property 250

Intellectual Property Business Model Angel Investor Channel 250

Steve Blank

MARCH 31, 2014

In fact, it was only 7 years ago that Apple shipped its first iPhone and Google introduced its Android operating system. The first will be commodity businesses that are valued for their ability to execute their current business model. These innovations do not require change in a company’s existing business model.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Up and Running

NOVEMBER 12, 2018

A subscription box business plan will include the following components: Executive summary. Operations. To help you get started, you can download this free business plan template for writing a traditional business plan for a loan or investment, or this Lean Plan template for a more nimble, easy to update plan. Fulfillment.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

YoungUpstarts

MARCH 31, 2020

Investing is a great way to boost your wealth for the long term; however, if not done right, you may end up making careless mistakes that could cost you. Often individuals will invest in businesses that they do not understand just because that particular share or stock is trending or hot at the moment; however, this is the wrong move to make.

Intellectual Property 165

Intellectual Property Stock United States New York 165

Startup Professionals Musings

SEPTEMBER 2, 2018

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Intellectual Property 181

Intellectual Property Social Media Business Model Employee 181

Up and Running

AUGUST 28, 2018

Financial summary: Explain your business model, startup costs, revenues, and liabilities to the company. Or maybe you will want to extend your practice’s hours of operation. Now is the time to lay out what you’ll do to attract patients and set up a viable business model with healthy financials. Operations.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Up and Running

OCTOBER 13, 2014

Decision-makers at larger companies often have a “don’t rock the boat mentality” because of fear of making a mistake that could cost the company a lot of money and as a consequence cause them to lose status within the company or even their position. Managing a Business Operations Strategy'

Intellectual Property 106

Intellectual Property Philadelphia Small Business California 106

Startup Professionals Musings

JUNE 27, 2014

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Intellectual Property 263

Intellectual Property Social Media Business Model Employee 263

Up and Running

JULY 2, 2014

Picking the right attorney in your startup is as important as picking the right business partner. You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. We were on a roll.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Steve Blank

FEBRUARY 25, 2014

Over 10 weeks each team gets out of the building talking to 100 customers to test their hypotheses across all 9 boxes in the business model canvas. We track each team’s progress as they test their business model hypotheses. It’s flexible enough to be modified for industry-specific business models.

Incubator 310

Incubator Intellectual Property Startup Lean 310

Startup Professionals Musings

NOVEMBER 11, 2013

But why not learn as well from the mistakes of others, without suffering their cost, time, and pain? Don’t believe the old urban legend that a business plan isn’t worth the effort. The discipline of writing down a plan is the best way to make sure you actually understand how to transform your idea into a business.

Intellectual Property 251

Intellectual Property Startup Viral Early Stage 251

Startup Professionals Musings

OCTOBER 1, 2012

But why not learn as well from the mistakes of others, without suffering their cost, time, and pain? Don’t believe the old urban legend that a business plan isn’t worth the effort. The discipline of writing down a plan is the best way to make sure you actually understand how to transform your idea into a business.

Intellectual Property 274

Intellectual Property Entrepreneur Viral Early Stage 274

Up and Running

OCTOBER 3, 2018

Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. They often do not want to renovate a property themselves and would prefer to quickly move into a flipped home. The execution section describes how you will maximize the opportunity for your business. Operations.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Startup Professionals Musings

AUGUST 17, 2016

The critical success factors for a product business are well known, starting with selling every unit with a gross margin of 50 percent or more, building a patent and other intellectual property, and continuous product improvement. Low cost and low margin products can be winners, if the volume is high enough.

Intellectual Property 120

Intellectual Property Startup Social Media Business Model 120

Gust

NOVEMBER 3, 2013

But why not learn as well from the mistakes of others, without suffering their cost, time, and pain? Don’t believe the old urban legend that a business plan isn’t worth the effort. The discipline of writing down a plan is the best way to make sure you actually understand how to transform your idea into a business.

Intellectual Property 183

Intellectual Property Startup Viral Early Stage 183

The Startup Magazine

OCTOBER 13, 2019

If you can prove a business model, traction, and potential for a tremendous scale with the right backing, you could be a ripe target to be acquired. . Intellectual property is one of the most valuable assets acquirers seek in startups. Or at least not as cost-effectively. . Yet, investors and analysts demand it.

Intellectual Property 102

Intellectual Property IP Acquisition Startup 102

Up and Running

MAY 1, 2014

If your business model (i.e., “how If you are raising money to start or grow your business, you need to include the details of what you need in the executive summary. Remember, your goal is to keep your business plan as short as possible, so too much detail here could easily make your plan much too long.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

The Next Web

AUGUST 30, 2013

The inspiration for my second post came from the many CEOs and entrepreneurs who come to me knowing they want to go after Asia and are aware of their target markets, but unsure of the best approach to start building out their operations on the ground. Another learning I’ve come across the hard way is to stay away from ‘sales consultants.’.

Asia 129

Asia Operations Indonesia Thailand 129

Up and Running

FEBRUARY 17, 2016

For Dan Hughes, Director of Operations at startup brewery ColdFire Brewing, he and his brother have been hard at work on business development and recipe formulation, navigating bureaucracy, and enduring the inevitable delays that come with brewery construction, equipment delivery, and regulatory approval.

Oregon 60

Oregon Jordan SBA Cofounder 60

David Teten

DECEMBER 3, 2019

I walk through below how progressive investors are using technology and analytics throughout all of their operations. We are also seeing technology evaluation as an increasingly important part of LP operational due diligence. Capital has built a free online tool for founders to calculate their cost of capital.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

The Equity Kicker

JUNE 18, 2012

Software prices are dropping and the importance of local operating systems and having locally installed productivity software is declining which makes the future for Microsoft’s consumers software a challenging one. The centrepiece of the ‘free’ argument is that the price of everything drops to its marginal cost of distribution.

Software 94

Software Intellectual Property Open Source Business Model 94

NZ Entrepreneur

DECEMBER 5, 2019

Intellectual property (IP) can help support a competitive advantage in the market and provide a valuable asset that can help grow your business. Demonstrating that you have an IP strategy will be highly valued by any future investors, especially if IP is your main business asset.

IP 62

IP Non-disclosure Agreement Intellectual Property New Zealand 62

Steve Blank

AUGUST 5, 2010

While individual VC’s inside venture firms specialized in particular domains (PC’s, peripherals, semiconductors, test equipment, operating systems, applications, etc.,) Finally the amount of capital needed to take a drug to FDA trials could be enormously expensive, at least 10x more than startup costs at an electron-based company.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Entrepreneurs-Journey.com by Yaro Starak

SEPTEMBER 8, 2011

With the advent of the web and the multifaceted programming features of WordPress , many younger entrepreneurs have the ability to go into business for themselves very easily and very cheaply, but very haphazardly. What may be a cost-effective business now could be a nightmare waiting to happen. The consumer buys on repetition.

B2C 91

B2C B2B Business Model Sales Cycle 91

Up and Running

MAY 15, 2019

While Dan heads up operations, his brother Stephen is head brewer, and their team also includes directors of finance and brand, respectively. The more complex the operating structure of a business , the more information and time required.”. The ColdFire Brewing team meets to plan marketing. Watch your finances.

Oregon 24

Oregon Jordan Software Review Distribution 24