Remove Business Model Remove Distribution Remove Intellectual Property Remove Programming
article thumbnail

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.

article thumbnail

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.).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Keys To Real Innovation In Your Next New Business

Startup Professionals Musings

Overall I like the principles in the classic book “ Robert’s Rules of Innovation: A 10-Step Program for Corporate Survival ,” by Robert F. 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.

article thumbnail

8 Entrepreneur Mistakes That Turn Off Real Investors

Startup Professionals Musings

Undefined business model or very low gross margins. Marketing programs and distribution channels are required for even the best solutions, with an appropriate and viable rollout and growth strategy. Lack of intellectual property. All internal teams need to have relevant skills and experience.

article thumbnail

10 Steps To A New Venture That Can Change The World

Startup Professionals Musings

Overall I like the principles in the classic book “ Robert’s Rules of Innovation: A 10-Step Program for Corporate Survival ,” by Robert F. 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.

article thumbnail

ESADE Business School Commencement Speech

Steve Blank

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.

article thumbnail

8 Funding Proposal Red Flags Every Startup Can Avoid

Startup Professionals Musings

Undefined business model or very low gross margins. Marketing programs and distribution channels are required for even the best solutions, with an appropriate and viable rollout and growth strategy. Lack of intellectual property. All internal teams need to have relevant skills and experience.