ReadWriteStart

MAY 5, 2011

At the final roundtable, we worked with just two entrepreneurs and then spent the rest of the time on Q&A, which in itself was interesting. The smart home business is still in the very early stages in India, and it will take some time before Evolutech ramps up. These resellers buy devices from the U.S.

Costa Rica 115

Costa Rica Incubator Silicon Valley India 115

Steve Blank

APRIL 23, 2018

A version of this article appeared in the Harvard Business Review. The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. Sloan kept the corporate staff small and focused on policymaking, corporate finance, and planning.

Michigan 268

Michigan Cofounder Stock Forecast 268

Mucker Lab

AUGUST 27, 2014

As an entrepreneur himself, founding and operating printed circuit board factories in Taiwan, my father was debating between two places to immigrate to and build his next new venture: Los Angeles (“The Valley” aka San Fernando Valley) and Santa Clara (“Silicon Valley”).

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

Steve Blank

APRIL 14, 2013

business models. But for the last decade “innovation” in Chinese software meant something different than it did in Silicon Valley. Entrepreneurs in Beijing were knowledgeable about Silicon Valley, entrepreneurship and the state of software and tools available for two reasons. Perhaps it’s the weather.

China 215

China Silicon Valley Non-Compete Intellectual Property 215

Steve Blank

NOVEMBER 5, 2009

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? How many are there?

Customer Development 262

Customer Development Developer Customer Silicon Valley 262

Steve Blank

AUGUST 15, 2016

But to do it, you need to actually have a sustainable business model. I don’t recommend anyone become an entrepreneur. Starting a business is too risky. The tools and temperament needed to get from startup idea to startup success were the focus of the guests on today’s Entrepreneurs are Everywhere radio show.

Cofounder 142

Cofounder Entrepreneur Africa Sales Cycle 142

Steve Blank

AUGUST 15, 2016

But to do it, you need to actually have a sustainable business model. I don’t recommend anyone become an entrepreneur. Starting a business is too risky. The tools and temperament needed to get from startup idea to startup success were the focus of the guests on today’s Entrepreneurs are Everywhere radio show.

Cofounder 120

Cofounder Entrepreneur Africa Sales Cycle 120

ReadWriteStart

SEPTEMBER 16, 2011

At today's roundtable, we had entrepreneurs presenting from Brazil, Israel and India. In fact, I was pleased to even see an entrepreneur from Kolkata, India, the city in which I was born and raised. As I keep reiterating, 99% of the businesses that go out for financing get rejected. Estate Lister. ServiceSutra.

Brazil 115

Brazil India Entrepreneur 115

Steve Blank

DECEMBER 7, 2009

I was out and about in Silicon Valley doing what I would now call Customer Discovery trying to understand how marketing departments in large corporations worked. I remember presenting our ideas for Marketing Automation to one VP of Marketing in a large Silicon Valley company. Certainly not fun, but great insight.

Silicon Valley 225

Silicon Valley Non-disclosure Agreement NDA Startup 225

Startup Lessons Learned

JANUARY 10, 2011

This week, the startup tribe from Harvard Business School is making their annual trek to Silicon Valley. It’s a common refrain around Silicon Valley to disparage the role of MBA’s in entrepreneurship. It’s this latter criteria that I think tends to get overlooked in most writing about entrepreneurs.

Silicon Valley 167

Silicon Valley San Francisco Lean Investment Bankers 167

ReadWriteStart

MARCH 24, 2011

This week's One Million by One Million roundtable was our 75th session, and we worked today with three entrepreneurs from the Midwest region of the United States. The discussion today was around Social Media financing and go-to-market strategy. As an entrepreneur CEO, she ran three companies: DAIS, Intarka, and Uuma.

Illinois 114

Illinois Entrepreneur Silicon Valley Chicago 114

Steve Blank

AUGUST 31, 2009

So what’s wrong the product development model? The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.)

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

ReadWriteStart

SEPTEMBER 16, 2010

There is also need for researchers at various institutes to collaborate around this data and models, all problems that point towards a cloud-based solution. An entrepreneur should pick this one up ASAP. How do you account for the charge backs to the business units or functional areas? Sequoia has financed them.

Cloud 117

Cloud Fractional CTO Entrepreneur Bandwidth 117

ReadWriteStart

JUNE 16, 2011

Zendesk is heavily financed by Benchmark and Charles River and has 10,000 customers. The company already has paying customers and a validated business model. Abhijit foresees primarily a technology licensing business model whereby device vendors would be paying royalty per handset or tablet.

India 123

India Bootstrapping Non-Compete Entrepreneur 123

ReadWriteStart

AUGUST 11, 2011

One theme seems to come up over and again, especially from geographies outside Silicon Valley: lack of a reliable pipeline of deals. In many of these cases, the funds or the accelerators want to put in $100,000 to $500,000 in select ventures but are having a hard time finding mature entrepreneurs to support.

Silicon Valley 105

Silicon Valley Columbus Ohio Incubator 105

ReadWriteStart

NOVEMBER 19, 2010

Well, I have coached early stage entrepreneurs for a couple of years now - diligently, patiently - and have learned a few things. We're trying to bring the lessons we have learned in Silicon Valley to a million entrepreneurs. As you may know, 99% of the entrepreneurs who seek financing, get rejected.

Silicon Valley 114

Silicon Valley Technical Review Startup Early Stage 114

Up and Running

MAY 3, 2012

Entrepreneurship continues to be a sexy topic for governments, with every country worth its salt trying to create its own tech hub, mimicking Silicon Valley. After all, entrepreneurs can do many good things, not least to create wealth and employment, pay taxes and help the balance of trade through exports.

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

Steve Blank

JUNE 10, 2010

Who is an entrepreneur really? It turns out that there are four distinct types of entrepreneurial organizations; s mall businesses , scalable startups , large companies and social entrepreneurs. Yet entrepreneurs in one class think that the others aren’t the “real” entrepreneurs. Scalable Startup Entrepreneurship.

Silicon Valley 328

Silicon Valley Entrepreneur United States New York City 328

Steve Blank

JULY 13, 2009

Which at this stage of the company was marketing and financing. Our “Hollywood meets Silicon Valley” story played great in Silicon Valley, they ate it up in Hollywood, and the business press tripped over themselves to talk to us. Rocket Science seems to be a bit of an extreme case though.

Silicon Valley 122

Silicon Valley Product RSS California 122

Steve Blank

SEPTEMBER 14, 2009

One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. There’s lots of lore, emotion, and misconceptions of what VC’s do or don’t do for entrepreneurs. In this time, building a successful business meant building a company that had paying customers quarter after quarter.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

David Teten

MARCH 18, 2021

2) Business model-defined funds. B2B vs B2C) within the business model preference. . 4) Entrepreneur-defined funds. J-Angels “is a community and a VC fund of top American investors (Jewish-American & Israeli-born) in Silicon Valley and San Francisco.”. software” and “deeptech”), and so on.

Technical Review 78

Technical Review Cofounder Venture Capital Deal Flow 78

Life Beyond Code

SEPTEMBER 27, 2011

One Million by One Million is a global initiative that aims to nurture a million entrepreneurs reach a million dollars each in annual revenue and beyond by 2020, thereby creating a trillion dollars in global GDP and ten million jobs. SM: In September 2008, when the first Entrepreneur Journeys book was released, D.D.

Programming 116

Programming Silicon Valley Bootstrapping Technical Review 116

Steve Blank

NOVEMBER 21, 2015

During the last three years he’s worked with over 100 companies, many of which established Innovation Outposts in Silicon Valley. He’s now helping companies get the most out of their relationships with Silicon Valley. By the 1950’s Shumpeter observed that in-house R&D had replaced the inventor-entrepreneur.

Silicon Valley 120

Silicon Valley Venture Capital United States Technical Review 120

reidhoffman.org

NOVEMBER 12, 2013

. × At Greylock , my partners and I are driven by one guiding mission: always help entrepreneurs. It doesn’t matter whether an entrepreneur is in our portfolio, whether we’re considering an investment, or whether we’re casually meeting for the first time. Entrepreneurs often ask me for help with their pitch decks.

Entrepreneur 111

Entrepreneur Revenue Viral Networking 111

ReadWriteStart

DECEMBER 2, 2010

While there may be initial grants that launch businesses and get them off the ground, philosophically, we believe that a model of self-sustaining development is the key to a stable global economic system. million financing round for. The business idea was not very well fleshed out, and needs a lot of work still.

India 116

India Green Silicon Valley Massachusetts 116

Steve Blank

MAY 18, 2009

You literally have to take your vision of the opportunity and against all rational odds assemble financing, and a team to help you execute. The problem, I believe, is that repeatability represents the extreme discomfort zone of this class of entrepreneur. And that’s just to get started. I’ve been surprised at the data.

Founder 297

Founder Silicon Valley RSS China 297

Up and Running

DECEMBER 9, 2014

Are you an entrepreneur or small business owner with questions about funding your small business? Maybe you are wondering which metrics to track, or whether or not you should take out a loan for your business. I’m the CEO of Executive Speaking Success and I’m a long-time entrepreneur.

Small Business 95

Small Business Finance Forecast Metrics 95

Both Sides of the Table

FEBRUARY 20, 2012

Tracy DiNunzio isn’t your typical Silicon Valley startup founder. She actually IS the prototypical entrepreneur. Unfortunately Tracy would learn first hand not much later that the business model has two components: both buying and selling. She found non-traditional financing. More on that later.

Silicon Valley 363

Silicon Valley Cofounder Entrepreneur Startup 363

ReadWriteStart

SEPTEMBER 10, 2010

During this week's roundtable we discussed an area that deserves a serious look from entrepreneurs: Rural BPO. Today, I invited entrepreneurs to come up with ideas, apply the 1M/1M methodology to it, and come discuss with me at these roundtables. I call it drip-financing. In 1M/1M, our preferred financing strategy is customers.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

The Startup Magazine

JUNE 1, 2023

By Daniel Sokolovksy, Co-Founder and CEO, WARP and Troy Lester, Co-Founder and CRO, WARP The dissolution of Silicon Valley Bank (SVB) was more than just a bank collapse, it was a reality check for both startups and the VCs that fund them. And they probably never will be unless business model viability is reassessed across the board.

Early Stage 110

Early Stage Los Angeles Silicon Valley Cofounder 110

ReadWriteStart

OCTOBER 13, 2011

You then become dependent on outside financing, and that is a slippery slope. Please remember, free is not a business model. a healthcare IT business for managing compliance requirements for pharmaceutical and medical device companies, recording transactions that involve payments to physicians. I said, no.

Business Model 122

Business Model New Hampshire Dallas Entrepreneur 122

ReadWriteStart

SEPTEMBER 23, 2010

At today's roundtable, we had three niche e-commerce entrepreneurs and two e-commerce infrastructure entrepreneurs. I will describe their businesses briefly, below. I will work with him on his inventory financing strategy. Good news: Indrajit is a solo entrepreneur, so he doesn't have a large overhead to support.

India 114

India Silicon Valley Incubator Bootstrapping 114

David Teten

AUGUST 19, 2019

I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. Since 2017 we’ve managed $3 million in revenue-based financing, which helps cash-strapped technology companies grow. Unlike many RBI investors, a full 50% of our investment activity is in non-tech businesses.

Revenue 60

Revenue Technical Review Software Review Equity 60

YoungUpstarts

JANUARY 6, 2014

I like to think that our generation’s digital skills are replacing the startup’s traditional hunt for capital – all we need is a good idea, our team specs it out to make it sell, and we self-finance each company off its own cash flow. Our initial business plans have only the basics: an idea and creative implementation.

San Francisco 154

San Francisco Business Model Silicon Valley Coder 154

Start Up Blog

OCTOBER 11, 2018

Firstly, there are a lot of businesses calling themselves a startups , when in reality, they’re really just new, small businesses. Startup = A new type of business trying to uncover a business model which doesn’t exist yet. The Silicon Valley ethic now runs deep – despite the current tech-lash.

Startup 144

Startup Silicon Valley Cofounder Distribution 144

Steve Blank

JULY 25, 2011

Scientists and engineers as founders and startup CEOs is one of the least celebrated contributions of Silicon Valley. ESL, the first company I worked for in Silicon Valley , was founded by a PhD in Math and six other scientists and engineers. Why It’s “Silicon” Valley. It might be its most important.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

Steve Blank

FEBRUARY 26, 2020

Btw, the definition of each startup financing stage has changed in the last decade. For a Series A round you want to prove you have built a repeatable and scalable sales/revenue model and understand all parts of the business model. Series B is about proving your net revenue model (can you be profitable?).

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429