Startup Professionals Musings

JANUARY 13, 2020

A proven business model, ready to scale, is particularly attractive. By definition, entrepreneurs need to love the art of the start, and that love needs to come across as part of the first impression you deliver to any investor. Evidence of adaptability and flexibility.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

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

crowdSPRING Blog

FEBRUARY 26, 2023

From connecting to loved ones on the internet to online shopping, technology has swiftly evolved to make our lives easier. So, it’s not surprising that many businesses can be started online today that advocate for convenience, such as subscriptions. Leveraging this for new business promotions is more convenient and effective.

United States 68

United States eCommerce Business Model Technical Review 68

Steve Blank

SEPTEMBER 5, 2013

Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model. Technology in search of a market. At first it was faint.

Lean 315

Lean Customer Development Sales Cycle Business Model 315

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. Customer relationships.

Business Model 143

Business Model Intellectual Property Startup Angel Investor 143

YoungUpstarts

MARCH 4, 2020

What others may see as the end of a business or an opportunity, Necessity Entrepreneurs see as chal­lenges or setbacks to overcome. Think you might fit this definition of entrepreneurial success? Necessity Entrepreneurs don’t pursue business solely for the sake of financial or personal gain. Is your business idea disruptive?

Entrepreneur 205

Entrepreneur Venture Capital Silicon Valley Bandwidth 205

Startup Professionals Musings

MARCH 3, 2023

A product plan has tremendous value inward facing, telling your product people what to build, while the business plan has maximum value outward facing, explaining to the rest of the world how your new company will survive and prosper. A product plan is never a substitute for a business plan. Provide details on the business model.

Business Plan 280

Business Plan Product Architecture Business Model 280

Startup Professionals Musings

FEBRUARY 28, 2018

In this world of constant change, new technologies, and a thousand cultures, it’s evident and somehow comforting to me that the basic rules for business prosperity really haven’t changed in the last hundred years. Business success is still more about the people than the technology or idea involved.

Technical Review 134

Technical Review Angel Investor Differentiation Business Model 134

Startup Professionals Musings

OCTOBER 2, 2023

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Technology pilots.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

Start Up Blog

JUNE 3, 2021

Last week I did a rare keynote for a key regulatory body where I was asked to go deep into technology externalities. For me this would be global implementation of BlockChain based technology. What technology that we currently rely on- do you think is most at risk at becoming redundant? So here they are! The Energy Grid.

Technology 118

Technology Social Media Affiliate Media 118

Startup Professionals Musings

SEPTEMBER 29, 2023

According to most definitions, anyone who starts a business is an entrepreneur , but most people don’t realize there are many startup types out there, and picking the wrong one can be just as disastrous as being stuck in a cubicle at work, or doing things with no interest and no skills.

Intellectual Property 243

Intellectual Property Matching Business Model Cofounder 243

Steve Blank

JANUARY 30, 2013

Since there weren’t corporate resource for further evaluation, (one of our programs’ constraints was not to create new permanent infrastructures for implementation,) we had no choice but to assign the idea to a business unit and ask them to perform due diligence the best they could. (By Venture Fest was not integral to their success.

Programming 265

Programming Technical Review Incubator Intellectual Property 265

Steve Blank

OCTOBER 24, 2016

Services (Cloud, ads, music) have a very different business model. Ballmer and Microsoft failed because the CEO was a world-class executor (a Harvard grad and world-class salesman) of an existing business model trying to manage in a world of increasing change and disruption. How to Miss the Boat – Five Times.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2016

Services (Cloud, ads, music) have a very different business model. Ballmer and Microsoft failed because the CEO was a world-class executor (a Harvard grad and world-class salesman) of an existing business model trying to manage in a world of increasing change and disruption. How to Miss the Boat – Five Times.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Startup Professionals Musings

OCTOBER 8, 2023

By definition, angels are accredited investors, who invest their own money for a percentage of the business. That means you need to lead with your credentials, rather than your disruptive technology. Make sure these cover your business model and exit strategy, so the angels see how both of you will make a reasonable return.

Venture Capital 265

Venture Capital Accredited Investor Syndicate Syndication 265

Steve Blank

AUGUST 21, 2013

What we found is that during the class almost all of them pivoted - making substantive changes to one or more of their business model canvas components. For example when one team found the right customer, they changed the core technology (the basis of their original idea!) Some of these teams made even more radical changes.

SBIR 314

SBIR Technical Review Lean Startup 314

Startup Professionals Musings

MAY 8, 2016

A product plan has tremendous value inward facing, telling your product people what to build, while the business plan has maximum value outward facing, explaining to the rest of the world how your new company will survive and prosper. A product plan is never a substitute for a business plan. Provide details on the business model.

Business Plan 120

Business Plan Product Architecture Startup 120

Startup Professionals Musings

JANUARY 18, 2021

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Technology pilots.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

Startup Professionals Musings

DECEMBER 6, 2014

A proven business model, ready to scale, is particularly attractive. By definition, entrepreneurs need to love the art of the start, and that love needs to come across as part of the first impression you deliver to any investor. Evidence of adaptability and flexibility.

Angel Investor 268

Angel Investor Intellectual Property Entrepreneur Early Stage 268

The Startup Magazine

DECEMBER 20, 2023

Figure out what it is that will set you apart – whether it’s a unique specialization, a distinct approach to patient care, or leveraging cutting-edge technology. You have to know your identity in your business, and build your brand around it. And for me, the most important thing has been to embrace new innovations and technology.

Differentiation 137

Differentiation Canada Business Model Leadership 137

YoungUpstarts

APRIL 29, 2017

So, if you are running a logistics company right now, you do need to keep track of these trends and ensure that your business is prepared for the future. Here are some of the challenges you may be facing as well as the advancements that could impact your business model. Or, that it’s definitely on it’s way.

Technical Review 138

Technical Review Security Cost Cloud 138

Gust

APRIL 27, 2014

Write down the key elements of your business plan very early, and keep it current as things evolve. This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Startup Professionals Musings

FEBRUARY 5, 2023

According to most definitions, an entrepreneur is one who envisions a new and different business, meaning one that is not a copy of an existing business model. Even fewer are able to grow the startup into a viable business. At this point investors should be interested in buying a chunk of the business.

Matching 270

Matching Entrepreneur Startup Seed Stage 270

Up and Running

MAY 10, 2021

According to Statista , the market size for AR and VR technology will rise close to 300 billion U.S. It will definitely become a trend in 2021 since the consumer market is promising. In addition, businesses can easily learn about user likes and dislikes, their behavior patterns. dollars by 2024.

Artificial Inteligence 150

Artificial Inteligence Developer Development Team Review United Kingdom 150

Startup Professionals Musings

MAY 31, 2020

A product plan has tremendous value inward facing, telling your product people what to build, while the business plan has maximum value outward facing, explaining to the rest of the world how your new company will survive and prosper. A product plan is never a substitute for a business plan. Provide details on the business model.

Entrepreneur 310

Entrepreneur Architecture Business Plan Startup 310

Startup Professionals Musings

FEBRUARY 24, 2017

Use your knowledge of evolving needs and technology to add more value than competitors, and introduce clients to each other to build partnerships. Unless you have deep pockets, you won’t survive without an adequate margin, including all the costs of running a business and staying current with technologies and market changes.

Differentiation 141

Differentiation SBA Social Media Dividend 141

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. The Lean Definition of the Three Horizons of Innovation. Horizon 3 is focused on unknown business models.

Lean 120

Lean Management Business Model Incubator 120

Startup Professionals Musings

JANUARY 16, 2021

According to most definitions, anyone who starts a business is an entrepreneur , but most people don’t realize there are many startup types out there, and picking the wrong one can be just as disastrous as being stuck in a cubicle at work, or doing things with no interest and no skills.

Intellectual Property 328

Intellectual Property Matching Business Model Cofounder 328

Duct Tape Marketing

MARCH 29, 2023

How To Take Back Control Of Technology written by John Jantsch read more at Duct Tape Marketing Marketing Podcast with Gaia Bernstein In this episode of the Duct Tape Marketing Podcast , I interview Gaia Bernstein. She writes, teaches, and lectures at the intersection of law, technology, health, and privacy. And we get Gmail for free.

Technical Review 78

Technical Review Technology China Business Model 78

Up and Running

JUNE 14, 2021

After speaking with Alex Shelton and hearing his story, we can safely say this is definitely still a profitable business model. In the old days, business owners would travel to China to visit suppliers in person. Starting an Amazon business is a big commitment. What is Amazon FBA? Start small and grow.

China 117

China Sales Advertising Software Review 117

A Smart Bear: Startups and Marketing for Geeks

NOVEMBER 5, 2014

Your product is designed with natural tripwires to trigger other pricing ( Freemium model ), or not (business model left as an exercise to your future self). Requires venture funding because you have no income, and if you’re successful you’ll need lots of people and tech to run the business. Think: GoDaddy).

Bootstrapping 294

Bootstrapping Technical Review B2C Sales Cycle 294

Hearpreneur

NOVEMBER 20, 2020

It’s becoming increasingly important for every business to have at least basic technology to run daily operations in the current day society. Despite the glowing positive side of it, technology also has its negative implications on business, especially in this cyber-crime era. Photo credit: Rajiv Lamba. 5- Four ways.

Technology 129

Technology Entrepreneur Social Media Kentucky 129

View from Seed

AUGUST 17, 2021

In some cases, great companies massively expand the definition or potential of the market with innovative products, technology leverage, and great execution. Looking back, our biggest mistakes and omissions as a firm can often be traced to improper market definition. This definition yielded a pretty small opportunity.

IRR 205

IRR Dilution Founder Portfolio 205

Steve Blank

NOVEMBER 16, 2009

Eric Ries in Times Square For any model to be useful it has to predict what happens in the real world – including the web. I realized the Customer Development model needs to be clearer in what exactly a startup is supposed to do, regardless of the business model. “What is the “Business Model” of your startup?&#

Customer Development 219

Customer Development Web Developer Customer 219

Hearpreneur

JULY 24, 2020

Every waking day, we are having tremendous changes in regulations and technology which greatly affects the way businesses operate. Some entrepreneurs will say the future is definitely bright and the number of entrepreneurs will increase but others argue these changes are meant to work against budding or would-be entrepreneurs.

Entrepreneur 136

Entrepreneur Technical Review Security Demand 136

Hearpreneur

SEPTEMBER 5, 2021

We live in an era where technology goes hand in hand with business. It impacts the pace at which businesses grow and it remains interesting to see trends that will emerge from some of these technologies. 5G technology provides faster connectivity with decreased latency and battery usage. Photo Credit: Adam Fard.

Artificial Inteligence 109

Artificial Inteligence Technology Entrepreneur Cloud 109

A Smart Bear: Startups and Marketing for Geeks

AUGUST 18, 2015

They have everything: money, brand, momentum, existing customers, press, product teams, distribution channels, expertise, market insight, analysts, sales offices, product features, and, by definition, a working business model. All a little startup has is a decent idea and extremely greasy elbows. Not anymore.

Technical Review 120

Technical Review Valuation Flash Revenue 120