Steve Blank

JUNE 27, 2017

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

Startup 275

Startup New York City Valuation Distribution 275

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim. IPOs dried up.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

MAY 17, 2020

Viral marketing costs real money, and your support staff and hosting systems cost even more. Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. Not every great idea is a viable business.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

View from Seed

APRIL 14, 2020

For the last several years, the early stage investing market was driven largely by the F ear O f M issing O ut, AKA FOMO. VCs are always founder focused no matter the market environment. Business Models and Sectors. I think the level of signaling risk from series A VCs doing seeds will be higher in a FOLD world.

Early Stage 374

Early Stage Software Review Technical Review Due Diligence 374

Startup Professionals Musings

OCTOBER 20, 2023

Most experts agree that the pace of business change is increasing , and all the business owners I know are struggling to keep up, much less surpass the wealth of global competitors now entering the market. Highlight the competitive edge you bring to the market. Use test marketing to identify changes before scale-up.

Marketing 290

Marketing Leadership Differentiation Equity 290

Startup Professionals Musings

MAY 15, 2019

Success demands testing the solution early and quickly in the market, then iterating to get it right. Nail the go-to-market strategy. Nail the business model. Leverage your customer conversations to predict and validate your business model. These areas include market, process, and team transitions.

Startup 245

Startup Angel Investor Technical Review Incubator 245

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

The Startup Magazine

AUGUST 11, 2023

It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step. Seed capital is a component of the initial investments made in young businesses. The criteria change after a company reaches the growth stage when it is deemed to have attained product market fit.

Seed Stage 125

Seed Stage Technical Review Early Stage Due Diligence 125

ReadWriteStart

JANUARY 13, 2024

Startups in the cybersecurity sector are facing a daunting market environment , contending with decreased valuations and increasing pressure to sell while competing for vital funding and collaborations. studio; Pexels The post Cybersecurity startups face market challenges appeared first on ReadWrite. Featured Image Credit: RF._.studio;

Down Round 154

Down Round Marketing Artificial Inteligence Startup 154

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

VC Cafe

MARCH 1, 2024

Eliminating middlemen in healthcare – from using AI to automate repetitive human jobs to exploring new and better business models for providing care. Technological Convergence – The global equity market value associated with disruptive innovation could increase to 60% by 2030. trillion by 2030.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

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

ConversionXL

FEBRUARY 3, 2022

In this article, you’ll learn what growth hacking in marketing is and what it’s not. The goal of growth hacking as marketing is rapid growth, using strategies and tactics that leverage (and even exploit) technology, platforms, and behavior to reach an end goal. Why do people think growth hacking in marketing is controversial?

Retention 113

Retention Marketing Acquisition Channel 113

Startup Professionals Musings

MARCH 5, 2021

A classic book by global business consultant Diana Rivenburgh, “ The New Corporate Facts of Life ,” highlights these challenges and opportunities to the corporate world, but I believe they need to be understood as well by every startup. This occurs when a new product, service, or business model renders the old way of doing business obsolete.

Marketing 339

Marketing Startup Global Viral 339

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. Marketing is everything these days.

Business Model 414

Business Model Angel Investor Bootstrapping Revenue 414

ReadWriteStart

JULY 7, 2021

On the other hand, the global courier delivery market covering Express delivery and Parcel Pickup and Drop services is all set to surpass a whopping $400 billion by 2024 with a growth rate of 8-10% every year. Various business models in an on-demand courier delivery app.

Technical Review 163

Technical Review Artificial Inteligence Demand Social Media 163

Startup Professionals Musings

MAY 14, 2012

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. The most common failures are solutions looking for a problem, lack of a defined market, and giving away the product. Target market. Distribution.

Business Model 242

Business Model Distribution Viral Green 242

YoungUpstarts

MARCH 4, 2020

This accentuates the need for talents in the hospitality industry to harness the power of digital marketing and artificial intelligence (AI) technology, in preparation for the Hospitality 4.0 It will enable individuals to understand the travellers’ needs and expectations intimately which can result in new hospitality business models.

Singapore 154

Singapore Technical Review Artificial Inteligence Myanmar 154

The Entrepreneurial Mind

MARCH 14, 2011

Being a successful entrepreneur in the emerging new music industry will require a willingness to forget the old business models. They are just not willing to pay for it in the traditional way it was packaged and distributed. So what has changed? It starts with what people are willing to pay for.

Business Model 67

Business Model Social Media Technical Review Distribution 67

Startup Professionals Musings

JANUARY 13, 2014

The real milestone, proving the business model, is that first product sold for full price to a total stranger, leaving him happy. If you are one of those, here are some basics principles you should follow and live by until that milestone is behind you: It’s the market, stupid. Sell what you have, not what you dream.

Business Model 248

Business Model Sales Customer Distribution 248

Startup Professionals Musings

JANUARY 18, 2014

Success demands testing the solution early and quickly in the market, then iterating to get it right. Nail the go-to-market strategy. Nail the business model. Leverage your customer conversations to predict and validate your business model. These areas include market, process, and team transitions.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

Startup Professionals Musings

AUGUST 31, 2018

I’m sure you can all think of several examples of businesses that popped up quickly, with great business models, but then faded just as quickly. Instant global communication now makes it easy to reach new markets without rethinking your entire product strategy. Examples would include Pets.com, Webvan, and Blockbuster.

Dilution 167

Dilution Angel Investor Software Review Distribution 167

ConversionXL

MARCH 19, 2020

“Rare is the business that has a formal disaster plan, let alone one that covers a global Black Swan event.” An article on growth and marketing in the middle of a crisis—the current one or any other—can seem tone deaf. Frameworks for businesses during a crisis. Tim Stewart, trsdigital. But nothing gets better if we stand still.

Marketing 121

Marketing Campaign Non-Compete Lean 121

Startup Professionals Musings

MAY 12, 2017

Success demands testing the solution early and quickly in the market, then iterating to get it right. Nail the go-to-market strategy. Nail the business model. Leverage your customer conversations to predict and validate your business model. These areas include market, process, and team transitions.

Startup 161

Startup Angel Investor Technical Review Incubator 161

Startup Professionals Musings

JULY 9, 2017

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. In my experience as a new business advisor, a business is nothing until people are aligned and work in sync. Key activities. Key partners.

Business Model 143

Business Model Intellectual Property Startup Angel Investor 143

The Startup Magazine

SEPTEMBER 15, 2020

This is especially true if the company lacks access to capital markets or bank loans. 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. Investment amount needed.

Venture Capital 144

Venture Capital Technical Review Software Review Security 144

Steve Blank

NOVEMBER 11, 2013

This post is an update of what we learned about life science distribution channels. Life Science/Health Care distribution channels differ by Category. It turns out that for commercialization, the business model (Customers, Channel, Revenue Model, etc.) Diagnostics. Week 3 Todd Morrill Instructor .

Distribution 224

Distribution Channel Lean Intellectual Property 224

Steve Blank

MAY 6, 2015

Learning could be about product features, customer needs, the right pricing and distribution channel, etc.) These hypotheses span the gamut from who’s the customer(s), to what’s the value proposition (product/service features), pricing, distribution channel, and demand creation (customer acquisition, activation, retention, etc.).

Lean 120

Lean Agile Business Model Customer Development 120

Startup Professionals Musings

JANUARY 29, 2011

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. The most common failures are solutions looking for a problem, lack of a defined market, and giving away the product. Target market. Distribution.

Business Model 246

Business Model Distribution Viral Green 246

Startup Professionals Musings

DECEMBER 20, 2012

Success demands testing the solution early and quickly in the market, then iterating to get it right. Nail the go-to-market strategy. Nail the business model. Leverage your customer conversations to predict and validate your business model. These areas include market, process, and team transitions.

Startup 296

Startup Angel Investor Technical Review Incubator 296

The Startup Magazine

DECEMBER 28, 2022

SaaS (software as a service) is an increasingly popular way to market products and services. Here are six tips for using SaaS marketing strategies to maximize your ROI. Several lead generation service models exist, but many B2B companies are now turning to market automation software. Conduct Lead Generation Services.

Lead Generation 140

Lead Generation Marketing B2B Audience 140

Up and Running

SEPTEMBER 19, 2018

Legal cannabis generated $16 billion in total economic output in the United States in 2017, and research indicates it will increase 150 percent by 2021, according to a report from cannabis industry analysts Arcview Market Research , in partnership with BDS Analytics. If you’re seeking investment, you need a traditional business plan.

Business Plan 154

Business Plan Technical Review Forecast Exit Strategy 154

YoungUpstarts

JULY 23, 2020

Set up your blog online, free or paid, and start marketing your skills to help others. Find an online business for sale. Maybe you don’t want to start at the beginning but want to look for an established business that is for sale online. Do your research and look into buying or exchanging an eCommerce business. .

Internet 130

Internet eCommerce Social Media Web Development 130

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

Steve Blank

MARCH 31, 2014

Think about this; 7 years ago Nokia owned 50% of the handset market. Fast-forward to today—Apple is the most profitable Smartphone company in the world and in Spain Android commands a market share of more than 90%. Its worldwide market share of Smartphones has dwindled to 5%. Apple owned 0%.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Startup Professionals Musings

DECEMBER 14, 2013

Entrepreneurs always work hard to create an innovative product or service, but often count on standard seller marketing for sales. Reports suggest that 90% of today’s shoppers skip marketing pitches, to research online before they buy, and over 50% check user reviews before making a decision. Their perception is your reality.

Revenue 263

Revenue Startup Technical Review Business Model 263

View from Seed

FEBRUARY 24, 2021

Historically, the healthcare market has been regional, limited by the in-person nature of care delivery. Telemedicine is game-changing as it opens up the possibility of addressing a national market, so long as you have a network of providers licensed to practice in specific states. Scalable Go-To-Market . What’s the End Game.

Vertical 156

Vertical Software Review Portfolio Demand 156