Steve Blank

NOVEMBER 16, 2009

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers?

Customer Development 219

Customer Development Web Developer Customer 219

Startup Professionals Musings

OCTOBER 30, 2020

Minimize one-time sales in your business model. You need a stable customer base with an automatically renewing revenue stream, such as the subscription model. Minimize permanent hiring and customized operational facilities. Develop a product line and add alternate channels.

Merger 386

Merger Software Review Acquisition Social Media 386

YoungUpstarts

JANUARY 30, 2015

Google is focused on expanding its already broad reach into the advertising market by increasing the span and coverage of its digital and mobile platforms, and the company’s 4Q14 results highlight how the company’s efforts to buttress its core services is paying off: Google’s revenue and gross profit climbed 15.3% billion and generated $4.1

Advertising 100

Advertising Revenue Mobile Intellectual Property 100

Steve Blank

SEPTEMBER 5, 2018

Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

SEPTEMBER 16, 2014

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

Cofounder Founder Intellectual Property Business Model 335

Start Up Blog

FEBRUARY 26, 2023

1) A new technology + (2) A new business model If we only have one, the incumbents can usually adapt. They can plug the new tech into the existing business model. Or, they can revert the old technology into a new business model. Each time they sold the new tech in the old business model.

ChatGPT 90

ChatGPT Technical Review Generative AI Azure 90

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

Steve Blank

OCTOBER 15, 2019

HR processes, legal processes, financial processes, acquisition and contracting processes, security processes, product development and management processes, and types of organizational forms etc. All of these are great strategies and tools that business schools build, and consulting firms help implement. The result is process theater.

Government 315

Government Technical Review Acquisition Metrics 315

The Startup Magazine

JULY 16, 2021

The lesson of the pandemic era is clear, as market conditions change, business models must evolve. Success is not, as you would think, about having stable business models across market conditions. There is one consideration that should be paramount in your thinking about your business model.

Business Model 167

Business Model Aggregator Revenue Analytics 167

Startup Professionals Musings

AUGUST 8, 2022

There is nothing wrong with a focus on making the current business model work better. Typical incentives give percentages of quarterly revenues and contribution as rewards for success. Your long-term business survival depends on it. Decisions made lower down always get more buy-in. Encourage an entrepreneurial culture.

Stock Options 277

Stock Options Incubator Framework Stock 277

Steve Blank

JUNE 26, 2014

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses.

Intellectual Property 281

Intellectual Property Lean IP Open Source 281

Steve Blank

AUGUST 23, 2010

At times I’ll do what I consider an extension of teaching; a two-day Customer Discovery/Validation intensive session with a large corporation serious about Customer Development at my ranch on the California Coast. Rather, it is a organization searching for a business model (inside a company that’s executing an existing one.)

Customer Development 235

Customer Development Developer Customer South America 235

ReadWriteStart

JULY 7, 2021

Various business models in an on-demand courier delivery app. Business to Consumer (B2C) – It is the most common type of business model. The need for efficient last-mile delivery – has led to the rising need for Courier service apps among businesses and customers.

Technical Review 163

Technical Review Artificial Inteligence Demand Social Media 163

The Startup Magazine

OCTOBER 26, 2021

There are so many businesses around us, and to stay in the game, you need to think of ways to improve your small business revenue. It’s important to remember that every small business needs a different approach. Here are 8 straightforward ways to help you improve your small business. Follow industry best practices.

Small Business 164

Small Business Mobile Revenue Social Media 164

Startup Professionals Musings

JULY 17, 2019

For example, Apple has been a master at this, developing products like the iPod and iPhone before customers even knew they needed them, creating Apple stores with a whole new shopping and support experience, and intuitive usage needing no manuals. Turn value creation (revenue) into value capture (profit).

Technical Review 218

Technical Review Revenue Analytics Metrics 218

YoungUpstarts

JUNE 4, 2019

At Wildcat, we recommend benchmarking your startup against the four core architectural pillars of the Traction Gap Framework: product , revenue , team and systems. A well-developed product architecture helps a startup to achieve rapid market/product fit by successfully appealing to customers (users). Revenue Architecture.

Framework 127

Framework Architecture Cleveland Early Stage 127

Steve Blank

OCTOBER 25, 2010

At the same time every computer company was writing its own operating system. Soon standard operating systems (e.g. It’s the combination of Business Model Design and Customer Development. Business Model Design. More importantly they showed how any company’s business model could be defined in 9 boxes.

Customer Development 329

Customer Development Business Model Developer Customer 329

View from Seed

SEPTEMBER 18, 2019

This is sometimes business-model dependent, e.g.: Product/Design/Engineering headcount – need to bring on a full-time PM and/or designer with X product milestones; rough estimates of engineering headcount by stage. Enterprise SaaS/B2B software – account executives (AEs) and sales developement reps (SDRs).

Part-Time VPE 195

Part-Time VPE Seed Stage CTO Hire Forecast 195

Up and Running

JUNE 7, 2021

Most companies are focused squarely on the extrinsic motivation of making a profit to expand their operations and satisfy their shareholders. The shift toward business models that embrace social responsibility raises questions about how financially sustainable it is to dedicate resources and employee energy to doing good in the world.

Framework 191

Framework United States Employee Vesting 191

YoungUpstarts

MAY 24, 2019

At Wildcat, we recommend benchmarking your startup against the four core architectural pillars of the Traction Gap Framework: product , revenue , team and systems. A well-developed product architecture helps a startup to achieve rapid market/product fit by successfully appealing to customers (users). Revenue Architecture.

Framework 113

Framework Architecture Cleveland Early Stage 113

VC Cafe

JANUARY 24, 2023

“ Video games will move to the center of the entertainment and pop-culture universe next year” Axios, Future of media: Gaming Over the past two days, I had a chance to attend the Pocket Gamer Connects (PGC) London and meet and greet game developers, execs, studios, investors and service providers to the gaming industry.

Generative AI 103

Generative AI San Francisco Technical Review Europe 103

Up and Running

AUGUST 24, 2020

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. AI is also likely to be your greatest asset for business recovery. These trends will develop in synergy, with 5G.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

The Startup Magazine

AUGUST 3, 2021

Australian entrepreneur and consulting firm owner Luke Lazarus understands that launching a business is not easy. Operating a competitive business and turning a significant profit is even more challenging. Despite the odds against new business success, Lazarus started and operated four businesses by the time he was 25 years old.

United States 167

United States Entrepreneur Angel Investor Social Media 167

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. Revenue streams are another critical component of your business model.

Intellectual Property 130

Intellectual Property Angel Investor Business Model Bootstrapping 130

ReadWriteStart

JANUARY 26, 2021

Of course, most of you reading this know that the odds of your business becoming a tech unicorn are slim, even if you have a great idea in place. That’s because more than half of all startups fail within the first five years of operation. That’s why customer experience should be one of your top priorities for strategic development.

Startup 180

Startup Angel Investor Business Model Demand 180

ReadWriteStart

APRIL 8, 2023

Keeping up with trends is the reality show of the e-commerce world, which is constantly developing, gaining a significant market share, and driving online sales. It also improves employees’ productivity by allowing them to focus on vital business operations. million people and generate monthly revenue.

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

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. Target market: Who is your ideal buyer?

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

The Startup Magazine

JULY 16, 2021

The lesson of the pandemic era is clear, as market conditions change, business models must evolve. Success is not, as you would think, about having stable business models across market conditions. There is one consideration that should be paramount in your thinking about your business model.

Business Model 78

Business Model Aggregator Revenue Analytics 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. Elon Musk, Alfred Sloan, and entrepreneurship in the automobile industry.

Michigan 268

Michigan Cofounder Stock Forecast 268

Startup Professionals Musings

DECEMBER 1, 2017

Every business needs to develop a revenue model even before a product. The alternatives range from giving the product away for free (revenue from ads), to pricing based on costs, to charging what the market will bear (premium pricing). Freemium model – people pay for upgrade.

Revenue 166

Revenue Affiliate Advertising Retention 166

Startup Professionals Musings

NOVEMBER 6, 2019

There is nothing wrong with a focus on making the current business model work better. Typical incentives give percentages of quarterly revenues and contribution as rewards for success. Your long-term business survival depends on it. Decisions made lower down always get more buy-in. Encourage an entrepreneurial culture.

Stock Options 236

Stock Options Incubator Framework Stock 236

Board Effect

JUNE 24, 2020

Just as not all corporations within the same industry have the same business model, nonprofit organizations all need to form the best business model that works for them. The right business model can help nonprofit organizations to successfully meet and resolve the challenges they face. Revenue mix.

Business Model 98

Business Model Forecast Government Programming 98

ReadWriteStart

MARCH 8, 2021

They want to open new offices, generate more revenue, and ultimately, secure higher profitability. . You’ll need money to get all the initial equipment, space, and people required to begin operations. And the revenue from your existing customers alone may not be enough to cut it. . You could invest in marketing and advertising.

Startup 127

Startup Retention Acquisition Agile 127

ReadWriteStart

JUNE 1, 2020

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Reasons for funding. ? Scale up your operations. Now you may want to scale up your operations or expand your presence. Incubators and Accelerators.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Hearpreneur

JANUARY 1, 2023

Though it took some effort and money to incorporate these outside resources into my business, it was well worth the expenditure. To prepare for a bad economy, businesses should focus on activities that produce the highest free cash flow. This will keep them sustainable should revenues take a dive. 16- Develop your career.

Entrepreneur 92

Entrepreneur Software Review Technical Review Revenue 92

Hearpreneur

APRIL 13, 2022

Moreover, I like inspiring myself with interesting online business models and Wikipedia is a great example of a user-generated content-based website. It led the way to a new kind of business model and changed the game. And he is not afraid to take bold bets on new technologies and business models.

Artificial Inteligence 78

Artificial Inteligence Entrepreneur Technical Review Software Review 78

Up and Running

NOVEMBER 15, 2017

Even if you already know what a SWOT analysis is and what it’s used for, it can be tough to translate that information and examine your own business with a critical eye. Reading an example SWOT analysis for a business that is either in your industry or based on a comparable business model can help get you started.

Botswana 148

Botswana Business Plan Oregon Distribution 148