Startup Professionals Musings

JUNE 12, 2022

Large corporations and conglomerates, the engines of growth and vitality in the twentieth century, have lost their edge and their image. Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Non-industrial large organizations cling to outdated business models.

Artificial Inteligence 315

Artificial Inteligence Offshore Merger Technical Review 315

SoCal CTO

MARCH 5, 2007

There are quite a few other Software Development Companies in Southern California working on open source and/or freemium business models. Dr. Karrer was valedictorian at Loyola Marymount University, attended the University of Southern California as a Tau Beta Pi fellow, one of the top 30 engineers in the nation, and received a M.S.

Open Source 150

Open Source Business Model Technical Cofounder Southern California 150

VC Cafe

JUNE 26, 2023

In the early days of the web, companies like AltaVista, Excite, WebCrawler and others competed in becoming the search engine of choice. But two years after Google came to the fore in 1998, Google became the number one search engine and “Googling” has become synonymous with web search.

Generative AI 174

Generative AI Search ChatGPT Technical Review 174

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

More success has been logged with companies like Amazon, which lightly funds many business model experiments each year, and is not hesitant to pivot or learn from failures. Developing the ideal product the first time around is unlikely, high risk, and very expensive in today’s chaotic market.

Artificial Inteligence 286

Artificial Inteligence Technology Leadership Business Model 286

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. I actually think this is a pretty innovative model. talking about Prodeges Search with Kevin Site - [link]. in Computer Science.

Technical Cofounder 150

Technical Cofounder Southern California Search Engineer 150

Startup Professionals Musings

SEPTEMBER 13, 2022

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development.

Intellectual Property 341

Intellectual Property Technical Review Startup Bootstrapping 341

Steve Blank

MARCH 26, 2019

So in 2011, with support from the Stanford Technology Ventures Program (the entrepreneurship center in the Stanford Engineering School), we created a new capstone entrepreneurship class – the Lean LaunchPad. When we started this class, the concept of Lean (business models, customer development, agile, pivots, mvp’s) was new to everyone.

Lean 248

Lean Business Model Balance Sheet Video 248

The Next Web

DECEMBER 30, 2012

How do you monetize a unique business model based on users rather than selling an actual product? We have a very simple business model. We didn’t throw away all of our business plan, but tabled some ideas with the mindset of re-introducing them when the company could support and scale them.

Business Model 133

Business Model Technical Review Advertising B2C 133

ReadWriteStart

SEPTEMBER 9, 2022

Optimizing your site for search engines can attract more visitors and improve your chances of conversion. It’s also a good idea to write articles with solid titles and descriptions, as search engines will pick them up. Understanding The Business Model of a B2B Marketplace. Here are a few tips to get you started.

B2B 131

B2B Developer Business Model Technical Review 131

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. Technical Support – a “debugging copilot” for the engineers currently working in technical support.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

Steve Blank

JUNE 14, 2017

They were both transportation, and they looked vaguely similar, with the only apparent difference that one was moved by horses attached to the front while the other had an unreliable and very noisy internal combustion engine. Companies with business models built around internal combustion engines disrupted those built around horses.

Valuation 266

Valuation Business Model Software Engineering Engineer 266

Steve Blank

OCTOBER 24, 2014

It has three parts: a business model canvas to frame hypotheses, customer development to get out of the building to test those hypotheses and agile engineering to build minimum viable products. These two components of the business model are so important we give them their own name, “Product/Market Fit.”.

Business Model 335

Business Model Design Customer Development Lean 335

Startup Professionals Musings

SEPTEMBER 25, 2021

Many great technology solutions, like hydrogen engines for cars, look great on paper, but are extremely difficult to make a business. You need a viable business model and customers.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

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

Steve Blank

SEPTEMBER 14, 2017

— I just watched a very smart company try to manage innovation by hiring a global consulting firm to offload engineering from “distractions.” This was a very large and established tech company; its engineering organization developed the core day-to-day capabilities of the organization. Engineering continually felt overwhelmed.

Incubator 312

Incubator Curation Engineer Government 312

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. How would this help cross-industry?

Technical Review 149

Technical Review Singapore Artificial Inteligence Software Review 149

Startup Professionals Musings

APRIL 4, 2022

According to my experience and this Motley Fool article from a few years ago, the challenge is very real, with around half of all new businesses no longer existing after five years. Exchanging your services for services is possible with legal counsel, accountants, engineers, and even sales people.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

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.” Then go do it.

Technical Review 327

Technical Review Lean Venture Capital Customer Development 327

View from Seed

SEPTEMBER 18, 2019

Depending on the composition of the founding team, you might or might not have near-term holes in certain functions at the exec level – e.g. you’ll most likely need to bring on a CTO/VP of Engineering shortly after the seed round if you don’t have a technical co-founder.

Part-Time VPE 195

Part-Time VPE Seed Stage CTO Hire Forecast 195

Startup Professionals Musings

DECEMBER 6, 2019

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Steve Blank

DECEMBER 20, 2011

They launched an incubator for the top scientists and engineers in the U.S. 63 scientists and engineers in 21 teams made 2,000 customer calls in 8 weeks , turning laboratory ideas into formidable startups. government agency that supports research in all the non-medical fields of science and engineering. billion U.S.

Incubator 301

Incubator Government Silicon Valley Lean 301

Version One Ventures

DECEMBER 28, 2023

To recap the year, here are some of 2023’s biggest themes for Version One: 1) Building in AI While still early in the AI wave, we’re seeing not only technological innovation but also business model transformation. When this happens, it creates an extremely beneficial environment for incumbents.

Technical Review 73

Technical Review India Canada Early Stage 73

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. We had a killer team and all the right skillsets.

Lean 315

Lean Customer Development Sales Cycle Business Model 315

Steve Blank

NOVEMBER 15, 2010

In previous posts I’ve talked about what the combination of Business Model Design, Customer Development and Agile Methodologies mean to startups and intrapreneurs in large companies; it’s the beginning of entrepreneurship as a science with its own rules and methodologies. Teaching In the Big Apple.

Customer Development 270

Customer Development Business Model Developer Design 270

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. Executing both of them would put us out of business. Then march through the rest of the business model. This post previously appeared in EIX. These strategies are mutually exclusive.

Business Model 305

Business Model Product Development Early Stage Customer Development 305

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

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. Startups are in fact only temporary organizations, organized to search –not execute–for a scalable and repeatable business model.

Lean 298

Lean Business Model Customer Development Guinea 298

View from Seed

JUNE 23, 2022

So in college, I studied aerospace engineering, joined Air Force ROTC, and eventually was accepted by the Air Force to go to flight school upon graduation. So in college, I studied aerospace engineering, joined Air Force ROTC, and eventually was accepted by the Air Force to go to flight school upon graduation. DC: What’s the same.

DC 156

DC Cambodia eCommerce Houston 156

Steve Blank

MAY 6, 2015

Founders assumed they understood customer problems/needs, wrote engineering requirements documents, designed the product, implemented /built the hardware/software, verified that it worked by testing it, and then introduced the product to customers in a formal coming out called first customer ship. Generating Hypotheses. Testing Hypotheses.

Lean 120

Lean Agile Business Model Customer Development 120

YoungUpstarts

JUNE 4, 2019

The first post drilled down into the often-overlooked notion of “market-engineering” and why it’s so critical. Key components of revenue architecture go beyond simply predicting sales to include: the name and attributes of the startup’s category, a messaging matrix, a pricing strategy, a sales strategy and other business model elements.

Framework 114

Framework Architecture Cleveland Early Stage 114

VC Cafe

FEBRUARY 26, 2023

“unique business models” – Successful startups develop business models that are difficult for competitors to replicate. To implement this trait, founders need to identify a unique value proposition and create a business model that is scalable and sustainable.

Founder 88

Founder Cofounder Seed Stage Valuation 88

Steve Blank

OCTOBER 25, 2010

Over the last 50 years engineers have moved from building computers out of individual transistors to building with prepackaged logic gates. It’s the combination of Business Model Design and Customer Development. Business Model Design. It instantly creates a shared visual language while defining a business.

Customer Development 329

Customer Development Business Model Developer Customer 329

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. And they also recognize that simply exploiting their existing assets, capabilities, and business models is insufficient for long-term survival.

Incubator 402

Incubator Lean Agile Business Model 402

VC Cafe

JULY 29, 2012

On "Intelligence Is Overrated: What You Really Need To Succeed", a research by Carnegie Institute of Technology shows that "85 percent of your financial success is due to skills in “human. [[ This is a content summary only. Visit my website for full links, other content, and more! ]].

Engineer 145

Engineer Technical Review Startup Technology 145

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.” Then go do it.

Technical Review 219

Technical Review Lean Venture Capital Customer Development 219

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