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

Startup Professionals Musings

SEPTEMBER 15, 2023

You don’t have a business until you have all of these and can communicate them well. Search for customer pain rather than high margins. New businesses driven only by a passion for big profit margins, rather than customer value and a higher cause, are perennially high risk with low satisfaction for you and the team.

Artificial Inteligence 286

Artificial Inteligence Technology Leadership Business Model 286

Steve Blank

FEBRUARY 13, 2024

In addition, they’ve created an entirely new $85+ billion subscription business model; the App Store, iTunes, Apple Care, Apple Pay, Apple Cash, Apple Arcade, Apple Music, Apple TV. Marketing and capital expenses (new factory, high R&D expense) were predicated on consumer-scale sales.

Search 256

Search Marketing Forecast Burn Rate 256

Steve Blank

SEPTEMBER 5, 2018

As a reminder, the Dot Com bubble was a five-year period from August 1995 (the Netscape IPO ) when there was a massive wave of experiments on the then-new internet, in commerce, entertainment, nascent social media, and search. Yet while we had plenty of language and tools for execution, we had none for search.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

APRIL 16, 2013

For decades this revered business magazine described management techniques that were developed in and were for large corporations – offering more efficient and creative ways to execute existing business models. The Four Steps drew the distinction that “startups are not smaller versions of large companies.”

Technical Review 327

Technical Review Lean Venture Capital Customer Development 327

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. However the Customer Development Model and the Lean Startup work equally well for startups on the web.

Customer Development 219

Customer Development Web Developer Customer 219

SoCal CTO

MARCH 5, 2007

A friend of mine has a company that builds open source applications in spaces that are a bit less innovative than Elgg, but they do very well financially through the packaging and support models. There are quite a few other Software Development Companies in Southern California working on open source and/or freemium business models.

Open Source 150

Open Source Business Model Technical Cofounder Southern California 150

View from Seed

APRIL 6, 2021

You are intentional about developing a point of view on new sectors that we can learn from. You have a point of view on emerging technology and business models, and you are not afraid to voice your conviction. Our goal is to conduct a broad and inclusive search for this role. A Final Note.

Technical Review 317

Technical Review Software Review Seed Stage Cofounder 317

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

SoCal CTO

MARCH 20, 2007

skip to main | skip to sidebar SoCal CTO Tuesday, March 20, 2007 Kevin Federline Search Engine Just saw a post - Sleep with a pop star, get your own branded search engine. talking about Prodeges Search with Kevin Site - [link]. I actually think this is a pretty innovative model.

Technical Cofounder 150

Technical Cofounder Southern California Search Engineer 150

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

Steve Blank

JUNE 3, 2010

They start with an innovation, search for a repeatable business model, build the infrastructure for a company, then grow by efficiently executing the model. outpace an existing company’s business model. You want to start executing the business model. Creative Destruction. different processes.

Search 242

Search Agile Customer Development Technical Review 242

Steve Blank

SEPTEMBER 22, 2011

As part of our Lean LaunchPad classes at Stanford, Berkeley, Columbia and for the National Science Foundation, students build a startup in 8 weeks using Business Model Design + Customer Development. Read Business Model Generation pages 1-72, and The Four Steps to the Epiphany Chapter 3. Step 3: Website Logistics.

Lean 333

Lean Web Coder Business Model 333

View from Seed

JULY 6, 2020

You are intentional about developing a point of view on new sectors that we can learn from. You have a point of view on emerging technology and business models, and you are not afraid to voice your conviction. Our goal is to conduct a broad and inclusive search for this role. A Final Note.

Technical Review 257

Technical Review Software Review Hiring Seed Stage 257

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

MARCH 5, 2012

One of the confusing things to entrepreneurs, investors and educators is the relationship between customer development and business model design and business planning and execution. When does a new venture focus on customer development and business models ? Search Versus Execution.

Search 320

Search Business Model Customer Development Agile 320

Steve Blank

APRIL 16, 2013

For decades this revered business magazine described management techniques that were developed in and were for large corporations – offering more efficient and creative ways to execute existing business models. The Four Steps drew the distinction that “startups are not smaller versions of large companies.”

Technical Review 219

Technical Review Lean Venture Capital Customer Development 219

ReadWriteStart

JULY 26, 2022

Obtaining a competitive advantage while improving consistency and quality ensures that the supply chain will soon embrace flexible business models and become more efficient. Each of these conditions then helps these companies find new and better clients while filling each business’s unique needs. Seller side platforms.

Germany 175

Germany San Jose Technical Review India 175

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. For instance, the research conducted by The Economist revealed that searches for environmental goods have grown by 70% since 2016. Is Trendwatching a Business’ Superpower?

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

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

Startup Professionals Musings

JANUARY 27, 2021

Make sure these cover your business model and exit strategy, so the angels see how both of you will make a reasonable return. Other notoriously risky or specialized businesses usually avoided by angels include brick-and-mortar retail, restaurants, telemarketing and consulting.

Search 317

Search Accredited Investor Angel Investor Venture Capital 317

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.

Lean 315

Lean Customer Development Sales Cycle Business Model 315

Steve Blank

SEPTEMBER 1, 2021

Try innovating inside a large company where 99% of the company is executing the current business model, while you’re trying to figure out and build what comes next. Do they have better sales, marketing, or product development groups? You think startups are hard? The short answer is no.

Incubator 402

Incubator Lean Agile Business Model 402

VC Cafe

MARCH 1, 2024

Commercial open source companies – being open source is a powerful way to gain developer adoption and sell to enterprises a lot sooner. New enterprise resource planning software (ERPs) – new startups that build software that helps businesses run. Looking for startups solving practical use cases that go beyond gaming.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

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. More infrastructure development through the construction of airports and ports has led to a huge rise in the demand for international courier delivery services. .

Technical Review 163

Technical Review Artificial Inteligence Demand Social Media 163

Steve Blank

MAY 6, 2015

Waterfall Development. While it sounds simple , the Build Measure Learn approach to product development is a radical improvement over the traditional Waterfall model used throughout the 20 th century to build and ship products. Waterfall Development was all about execution of the requirements document.

Lean 120

Lean Agile Business Model Customer Development 120

Steve Blank

SEPTEMBER 5, 2023

In the early stages of a startup your hypotheses about all the parts of your business model are your profound beliefs. Here’s how I learned why they were critical to successful customer development. Then march through the rest of the business model. Think of profound beliefs as “strong opinions loosely held.”

Business Model 305

Business Model Product Development Early Stage Customer Development 305

Steve Blank

MAY 17, 2010

At best I think business plan competitions are a waste of time. Business Plan Versus Business Models. Where did the idea that startups write business plans come from? A simple way to think about it is that in a startup no business plan survives first contact with customers. What did you build/do?

Business Plan 312

Business Plan Business Model Customer Development Deal Flow 312

YoungUpstarts

MARCH 4, 2020

Last November, the fourth edition of the JobsCentral Learning Training & Education Development (T.E.D) Awards celebrated 15 winners who are industry leaders in skills development in Singapore. This include introducing new packages, and developing new collaborations or partnerships with other local and regional tourism suppliers.

Technical Review 154

Technical Review Singapore Artificial Inteligence Myanmar 154

Steve Blank

MARCH 8, 2011

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. Even if they did, what if the assumption – that we had developed a better approach to teaching entrepreneurship – was simply mistaken?

Lean 298

Lean Business Model Customer Development Guinea 298

Steve Blank

FEBRUARY 16, 2012

Alexander Osterwalder and I spent last week in Salt Lake City, Utah as judges at the 2 nd Annual International Business Model Competition , hosted by Professor Nathan Furr , and his team at the BYU Center for Entrepreneurship. Tools to help them manage the search for a repeatable and scalable business model.

Business Model 263

Business Model Customer Development Utah Business Plan 263

Steve Blank

NOVEMBER 11, 2022

My good friend Alexander Osterwalder , the inventor of the business model canvas (one of foundations of the Lean Methodology) has written a playbook (along with his associate partner Tendayi Viki ,) From Innovation Theater to Growth Engine to explain how to build and implement repeatable innovation processes inside a company. .

Portfolio 367

Portfolio Business Model Metrics Programming 367

View from Seed

MAY 24, 2021

You are intentional about developing a point of view on new sectors that we can learn from. You have a point of view on emerging technology and business models, and you are not afraid to voice your conviction. Our goal is to conduct a broad and inclusive search for this role. A Final Note.

Technical Review 120

Technical Review Software Review Seed Stage Cofounder 120

Steve Blank

JULY 13, 2021

Founders of startups (and new ventures inside existing companies) are searching for product/market fit and a repeatable and scalable business model. Searching, unlike execution, is not a predictable pattern. Lean-driven (hypothesis testing/business model/customer development/agile engineering).

Lean 433

Lean Agile Business Model Business Plan 433

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. Business commercialization.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

Steve Blank

JUNE 26, 2015

In the last five years “ Lean Startup ” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. Gore , I’ve found two corporate strategy tools developed by other smart people helpful in bridging Lean Startups with Corporate Innovation.

Lean 120

Lean Management Business Model Incubator 120

The Startup Magazine

AUGUST 3, 2021

He uses this opportunity to promote the value of outsourcing because having someone else complete time-consuming administrative tasks frees up time for business owners to grow their organization. Mobile payment availability plays a large role in this dramatic increase.

United States 167

United States Entrepreneur Angel Investor Social Media 167