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6 Keys To A Winning Business Model For Your Customers

Startup Professionals Musings

How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Customer support is more than handling exceptions.

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Why a Company Can’t “Be More Like a Startup”

Steve Blank

Initially, a startup has no business model and no market share to defend. Its employees and investors don’t depend on an existing revenue stream. If they select a business model that targets industry incumbents, they don’t have to worry about upsetting existing customers, partners or distribution channels.

Startup 301
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I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

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.

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The Shift from FOMO to FOLD in Early Stage Investing

View from Seed

But the risk to founders is that these investors may not be very committed partners and might quickly disengage if things go sideways. Business Models and Sectors. Also, companies that do find PMF and can attract capital will experience less competition for customers and employees.

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Is the Lean Startup Dead?

Steve Blank

Since NewTV won’t be making the content, they will be licensing from and partnering with traditional entertainment producers. NewTV will depend on partners like telcos to distribute the content. With fewer than 10 employees but almost $2-billion dollars in the bank, they plan on jumping right in. And it may work.

Lean 335
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Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

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.).

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How Today’s Startups Can Adapt to a Globally Distributed Model

ReadWriteStart

Still, COVID-19 helped tip the balance towards a globally distributed model. Managers realized that there’s little difference between employees working from home on the other side of town and employees working on the other side of the world. Transitioning to and managing a globally distributed model isn’t plain sailing.