Steve Blank

OCTOBER 15, 2020

We built up a system to produce a certain type of military power at a time when that whole business model is being disrupted and undermined — much as Blockbuster Video’s business model was undermined by Netflix and Apple. That’s no longer the correct model. Disruptive Technology.

Technical Review 361

Technical Review Artificial Inteligence Technology United States 361

Startup Professionals Musings

MAY 15, 2019

Nail the business model. Leverage your customer conversations to predict and validate your business model. For example, when you think about distribution channels, revenue streams, or the relationship with the customer, ask customers what they expect. Process myth: Why building a product leads to failure.

Startup 245

Startup Angel Investor Technical Review Incubator 245

The Startup Magazine

AUGUST 11, 2023

How to evaluate New Businesses at Their Infancy, Their Early Stages, and Their Growth Stages Evaluating a new business venture involves elements of both art and science. One needs to evaluate their go-to-market strategy, distribution channels, scalability, execution team, and so on at this time.

Seed Stage 120

Seed Stage Technical Review Early Stage Due Diligence 120

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

ReadWriteStart

SEPTEMBER 8, 2020

Still, COVID-19 helped tip the balance towards a globally distributed model. And finally, running subsidiaries and offices in numerous countries push business owners into overcoming mental barriers to global expansion. A globally distributed business model allows you to hire the best talent wherever in the world it is.

Distribution 145

Distribution Global Agile Startup 145

The Startup Magazine

SEPTEMBER 15, 2020

This will be your calling card and a good jumping-off point to discuss your business with potential investors. Your pitch deck provides an overview of your entire business. This deck shares insights about your service or product, business model, funding needs, and the skills of your management team. Management team.

Venture Capital 143

Venture Capital Technical Review Software Review Security 143

Startup Professionals Musings

JANUARY 22, 2021

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. Word of mouth is not adequate for marketing and sales.

Business Model 414

Business Model Angel Investor Bootstrapping Revenue 414

The Startup Magazine

JULY 1, 2020

Here’s another from The Startup Magazine Founder Series. We interviewed entrepreneur Mr. Peter Agarwal, President/Owner of LED Phantom Distribution, a distributor of high quality LEDs, lighting, and lighting control products. Peter: We distribute commercial LED lighting for indoor and outdoor applications.

Green 176

Green Founder Distribution Business Model 176

Startup Professionals Musings

JANUARY 13, 2014

This rather crude expression weighs heavily on the mind of all good startup founders, no matter how confident they appear. The real milestone, proving the business model, is that first product sold for full price to a total stranger, leaving him happy. Your revenue model has to make sense. Marty Zwilling.

Business Model 248

Business Model Sales Customer Distribution 248

Steve Blank

MAY 6, 2015

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. Learning could be about product features, customer needs, the right pricing and distribution channel, etc.) Testing Hypotheses.

Lean 120

Lean Agile Business Model Customer Development 120

Startup Professionals Musings

AUGUST 31, 2018

Most of you new venture founders I meet as an angel investor seem convinced that starting the business is the hardest part. You look forward to the day when your business becomes self-sustaining, and settles into a long-term growth curve, ensuring financial success. Examples would include Pets.com, Webvan, and Blockbuster.

Angel Investor 167

Angel Investor Dilution Software Review Distribution 167

Startup Professionals Musings

JANUARY 18, 2014

Nail the business model. Leverage your customer conversations to predict and validate your business model. For example, when you think about distribution channels, revenue streams, or the relationship with the customer, ask customers what they expect. Process myth: Why building a product leads to failure.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

Startup Professionals Musings

MAY 12, 2017

Nail the business model. Leverage your customer conversations to predict and validate your business model. For example, when you think about distribution channels, revenue streams, or the relationship with the customer, ask customers what they expect. Process myth: Why building a product leads to failure.

Startup 161

Startup Angel Investor Technical Review Incubator 161

Steve Blank

APRIL 23, 2018

When Sloan arrived at GM in 1920 he realized that the traditional centralized management structures organized by function (sales, manufacturing, distribution, and marketing) were a poor fit for managing GM’s diverse product lines. If you’re following Tesla, you might be interested to know that Sloan wasn’t the founder of GM.

Michigan 268

Michigan Cofounder Stock Forecast 268

View from Seed

AUGUST 17, 2021

A few weeks ago, we hosted a small dinner for a number of portfolio company founders, LP’s, and friends of the firm. It’s by far the longest time I’ve spent working on any one thing, and I feel very blessed to have been able to work with my partners, colleagues, founders, and collaborators. This one is controversial.

IRR 205

IRR Dilution Founder Portfolio 205

Startup Professionals Musings

DECEMBER 20, 2012

Nail the business model. Leverage your customer conversations to predict and validate your business model. For example, when you think about distribution channels, revenue streams, or the relationship with the customer, ask customers what they expect. Process myth: Why building a product leads to failure.

Startup 296

Startup Angel Investor Technical Review Incubator 296

YoungUpstarts

MARCH 4, 2020

It will enable individuals to understand the travellers’ needs and expectations intimately which can result in new hospitality business models. They understand the need to constantly improve in order to develop resilient hospitality business models hand-in-hand with their employers.

Singapore 154

Singapore Technical Review Artificial Inteligence Myanmar 154

Austin Startup

MARCH 13, 2020

Q1 2020 marks Reset ’s two year anniversary, from when we had our first conversation about how we could help distributed teams find affordable space to meet and work. Your partner matters To all those solo-founders out there?—?kudos Since our pivot, we’ve served an additional 15 companies, half of which are outside of Austin.

B2C 62

B2C B2B Austin Cofounder 62

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. Aspire to be in control of your own domain.

Intellectual Property 243

Intellectual Property Matching Business Model Cofounder 243

Startup Professionals Musings

SEPTEMBER 19, 2011

Nail the business model. Leverage your customer conversations to predict and validate your business model. For example, when you think about distribution channels, revenue streams, or the relationship with the customer, ask customers what they expect. Process myth: Why building a product leads to failure.

Startup 286

Startup Angel Investor Technical Review Incubator 286

Startup Professionals Musings

APRIL 20, 2015

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. Word of mouth is not adequate for marketing and sales.

Business Model 120

Business Model Angel Investor Startup Bootstrapping 120

View from Seed

AUGUST 17, 2021

A few weeks ago, we hosted a small dinner for a number of portfolio company founders, LP’s, and friends of the firm. It’s by far the longest time I’ve spent working on any one thing, and I feel very blessed to have been able to work with my partners, colleagues, founders, and collaborators. This one is controversial.

IRR 156

IRR Dilution Founder Portfolio 156

Startup Professionals Musings

APRIL 21, 2023

Savvy investors tell me that startup founders who claim to have never failed are either lying or have never tried anything innovative. A technical champion may drive a specific innovation, but the business leader has to own the result, in order to drive an appropriate business model, customer acquisition, support, and a growth strategy.

Intellectual Property 343

Intellectual Property Metrics .Net Social Network 343

Steve Blank

JANUARY 22, 2014

Few entrepreneurs find this scalable and repeatable business model because it’s not easy. as a distribution channel have vastly reduced the amount of capital a startup needs at the early stage when the risk is greatest. Focus on capital efficient, scalable startups and founders. Lessons Learned. Build $10-30M funds.

Early Stage 286

Early Stage Silicon Valley Oregon Technical Review 286

Gust

JANUARY 5, 2014

This rather crude expression weighs heavily on the mind of all good startup founders, no matter how confident they appear. The real milestone, proving the business model, is that first product sold for full price to a total stranger, leaving him happy. Your revenue model has to make sense.

Business Model 171

Business Model Sales Customer Distribution 171

VC Cafe

JANUARY 27, 2021

We are taking the screen sharing experience to the next level, so that collaboration doesn’t get in the way of doing great work,” writes CEO and founder Tom Medema. As teams become increasingly distributed, video communication is important for both internal alignment and external business development.

Vertical 148

Vertical Video Technical Review Europe 148

Duct Tape Marketing

APRIL 6, 2022

Steve is the CEO of Founders Space, one of the world’s leading startup accelerators with over 50 partners in 22 countries. Founders Space was ranked the #1 incubator for overseas startups by Forbes and Entrepreneur Magazines. 15:05] Do you think that the no headquarters model is going to impact startups going forward? [17:14]

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

View from Seed

AUGUST 17, 2021

A few weeks ago, we hosted a small dinner for a number of portfolio company founders, LP’s, and friends of the firm. It’s by far the longest time I’ve spent working on any one thing, and I feel very blessed to have been able to work with my partners, colleagues, founders, and collaborators. This one is controversial.

IRR 136

IRR Dilution Founder Portfolio 136

Steve Blank

MARCH 31, 2014

The first will be commodity businesses that are valued for their ability to execute their current business model. The second class will be firms with a demonstrated ability to continually innovate and reinvent their business models. These innovations do not require change in a company’s existing business model.

Private Equity 325

Private Equity Metrics China Business Model 325

View from Seed

FEBRUARY 24, 2021

Depending on the business model, some hire providers as full-time W2 workers and some assemble a network of part-time providers with disperse distribution of available hours. As the landscape continues to evolve, we look forward to working with founders bringing unique perspectives and innovations in digital health. .

Vertical 156

Vertical Software Review Portfolio Demand 156

Steve Blank

APRIL 7, 2020

Talking to customers seems like a simple idea, but most founders find it’s one of the hardest things they have to do. Founders innately believe they understand a customers problem and just need to spend their time building a solution. How can you test distribution/deployment? Your Business Model and the World Have Changed.

Customer 413

Customer Business Model Restful Video 413

Startup Professionals Musings

SEPTEMBER 4, 2011

This rather crude expression weighs heavily on the mind of all good startup founders, no matter how confident they appear. The real milestone, proving the business model, is that first product sold for full price to a total stranger, leaving him happy. Your revenue model has to make sense.

Business Model 244

Business Model Sales Customer Distribution 244

Hearpreneur

OCTOBER 3, 2021

Rossanna Ceccato is the founder of Redress, a disruptive clothing platform that helps women renew and refresh their wardrobes through dress swaps. I have been continually impressed by Sarah Hawley, the founder of Growmotely. As a result, the elements of distribution and marketing are just as vital as the original concept.

Entrepreneur 98

Entrepreneur San Francisco Technical Review Cofounder 98

SoCal CTO

MARCH 3, 2011

Many of the founders of these companies are surprised to learn that I'm willing to review what they are doing (maybe an hour) and get on the phone for an hour with them and provide free advice. Do you have a Startup Founder Developer Gap ? This overview (executive summary) needs to include: Product and Business What is the product?

Fractional CTO 264

Fractional CTO CTO Hire NDA Technical Review 264

Steve Blank

APRIL 8, 2010

He and his co-founder were both PhD’s in applied math who believe they can make some serious inroads on next generation search. Why a business plan is different than a business model. Instead of writing a full-fledged business plan, they had focused on building and testing a business model.

Business Model 328

Business Model Business Plan Customer Cap Table 328

SoCal CTO

MARCH 3, 2011

Many of the founders of these companies are surprised to learn that I'm willing to review what they are doing (maybe an hour) and get on the phone for an hour with them and provide free advice. Do you have a Startup Founder Developer Gap ? This overview (executive summary) needs to include: Product and Business What is the product?

Fractional CTO 259

Fractional CTO CTO Hire NDA Technical Review 259

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. Horizon 1 activities support existing business models. Horizon 1 is the company’s core business.

Lean 120

Lean Management Business Model Incubator 120