Startup Professionals Musings

DECEMBER 6, 2019

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. Join a startup incubator. It’s what separates the true entrepreneurs from the wannabes. Are you ready to start? Marty Zwilling.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

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. We can derive GeoInvenio's business model and pricing model based on that. You can select the business you like best through a poll on the 1M/1M Facebook page.

Costa Rica 115

Costa Rica Incubator Silicon Valley India 115

Startup Professionals Musings

JANUARY 18, 2014

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. Leverage your customer conversations to predict and validate your business model.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

Steve Blank

OCTOBER 30, 2012

Our goal– to inspire, educate and empower hundred’s of thousands of entrepreneurs and help create 10,000 startups. The class teaches founders how to dramatically reduce their failure rate through the combination of business model design, customer development and agile development using the Startup Owners Manual.

Startup 335

Startup Lean Incubator Business Model 335

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. In very few specific cases, depending on the nature of the business, the business model might demand a considerable gestation period or extensive research and development.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

JUNE 30, 2019

According to my experience and a this Motley Fool article, the challenge is very real, with around half of all new businesses no longer existing after five years. My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Hearpreneur

OCTOBER 3, 2021

In the competitive business world, you have to innovate ideas on how your business should run. Different entrepreneurs take on diverse approaches to implement innovative ideas in their businesses and some emerge to be successful. He is also the most engaged business leader on Facebook in Africa. 1- Strive Masiyiwa.

Entrepreneur 94

Entrepreneur San Francisco Technical Review Cofounder 94

Startup Professionals Musings

MAY 15, 2019

Steve Blank via Flickr by jdlasica I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. These areas include market, process, and team transitions.

Startup 245

Startup Angel Investor Technical Review Incubator 245

Startup Professionals Musings

AUGUST 8, 2022

Yet in my role as a small business advisor, I still see a singular focus on achieving repeatable processes and “cookie-cutter” manufacturing. There is nothing wrong with a focus on making the current business model work better. I don’t believe these two objectives have to be mutually exclusive.

Stock Options 277

Stock Options Incubator Framework Stock 277

YoungUpstarts

APRIL 7, 2016

The rub is that a startup likely has the ideas to take it straight to the top, but it’s also likely that the company lacks the business skills to make it truly successful. In a landscape that also features incubators and accelerators, Startup Labs are creating an industry of their own. What is a Startup Lab?

Seed Stage 100

Seed Stage Silicon Valley Incubator Asia 100

Startup Professionals Musings

JULY 8, 2015

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Join a startup incubator. It’s what separates the true entrepreneurs from the wannabes. Are you ready to start?

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Startup Professionals Musings

JULY 1, 2017

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. In general, banks won’t give you a loan until the business is cash-flow positive, no matter what the future potential.

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

FEBRUARY 19, 2013

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. In general, banks won’t give you a loan until the business is cash-flow positive, no matter what the future potential.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

MAY 12, 2017

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. Leverage your customer conversations to predict and validate your business model.

Startup 161

Startup Angel Investor Technical Review Incubator 161

Startup Professionals Musings

JANUARY 12, 2018

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. Join a startup incubator. It’s what separates the true entrepreneurs from the wannabes. Are you ready to start? Marty Zwilling.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

DECEMBER 20, 2012

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. Leverage your customer conversations to predict and validate your business model.

Startup 296

Startup Angel Investor Technical Review Incubator 296

ReadWriteStart

DECEMBER 15, 2011

We also explored business models that not only can span advertising, subscription, and e-commerce, but also hybrid virtual-physical concepts that could even draw upon a Starbucks of Salsa, Tango or Swing! As you may recall from previous roundtable posts, that 1M/1M works closely with many incubators around the world.

Romania 123

Romania Web Incubator Entrepreneur 123

Startup Professionals Musings

NOVEMBER 6, 2019

Yet in my role as a small business advisor, I still see a singular focus on achieving repeatable processes and “cookie-cutter” manufacturing. There is nothing wrong with a focus on making the current business model work better. I don’t believe these two objectives have to be mutually exclusive.

Stock Options 236

Stock Options Incubator Framework Stock 236

Startup Professionals Musings

SEPTEMBER 19, 2011

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. Leverage your customer conversations to predict and validate your business model.

Startup 286

Startup Angel Investor Technical Review Incubator 286

Steve Blank

OCTOBER 7, 2011

I spent the month of September lecturing, and interacting with (literally) thousands of entrepreneurs in two emerging startup markets, Finland and Russia. What I found in Finland was: a whole lot of smart, passionate entrepreneurs who want to build a startup hub in Helsinki. And they should give themselves a 5-10 year plan to do so.

Finland 324

Finland Venture Capital Government Russia 324

Duct Tape Marketing

APRIL 6, 2022

Founders Space was ranked the #1 incubator for overseas startups by Forbes and Entrepreneur Magazines. Steve is also the author of Surviving a Startup: Practical Strategies for Starting a Business, Overcoming Obstacles, and Coming Out on Top. You know, could you look at my business plan? He's the CEO of founders space.

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

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. For all the parents out there, relief (and much more) is on its way… [link].

Lean 315

Lean Customer Development Sales Cycle Business Model 315

YoungUpstarts

MAY 28, 2014

Fundraising is arguably the most important issue for any entrepreneur. Unless you’re a serial entrepreneur who has started and sold companies in the past. Enter Competitions and Incubators. On the other hand, businesses have challenges they face on a regular basis due to changing industry needs and other regulations.

Security 200

Security Incubator Technical Review Bootstrapping 200

ReadWriteStart

JUNE 16, 2011

You can read more about Freshdesk on the 1M/1M Incubation Radar today. The company already has paying customers and a validated business model. You can also read more about Bizosys on the 1M/1M Incubation Radar today. As an entrepreneur CEO, she ran three companies: DAIS, Intarka and Uuma. Photo by Alexander Mooij.

India 123

India Bootstrapping Non-Compete Entrepreneur 123

Steve Blank

OCTOBER 10, 2011

I presented to 1,000’s of entrepreneurs, talked to 17 startups, gave 12 lectures, had 9 interviews, chatted with 8 VC’s, sat on 4 panels, talked policy with 2 government ministers, 2 members of parliament, 1 head of a public pension fund and was in 1 TV-documentary. Startup incubators, business angels and VCs are starting to emerge.

Finland 324

Finland Naming Russia Government 324

crowdSPRING Blog

APRIL 8, 2012

As college graduation weekends and summer business incubator announcements loom, I thought I would take a few minutes to consider the connection between the entrepreneurship and academia. Entrepreneurs, by definition, take an idea or a concept and strive to make that idea into a operating business.

Software Review 112

Software Review Entrepreneur Incubator Valuation 112

Startup Professionals Musings

OCTOBER 2, 2023

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Commercial product prototypes. Marty Zwilling

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

SoCal CTO

NOVEMBER 10, 2009

He has a really interesting background as a product manager and now an entrepreneur. It was also beneficial because I got some good experience with both B2B and B2C business models. This time I'm getting to know Mark Geller ( LinkedIn , @markgeller ). Tell me a bit about your background. For me, it's a matter of degree.

Management 150

Management Product Entrepreneur Silicon Valley 150

ReadWriteStart

MAY 19, 2011

During today's roundtable, we opened the session with a discussion of the existential crisis in media and how talented bloggers and journalists are facing a tough time sustaining themselves due to lack of business models. What I like about the dynamics of 1M/1M today is that we're starting to see entrepreneurs make definitive progress.

India 115

India Silicon Valley Entrepreneur Affiliate 115

The Startup Magazine

AUGUST 11, 2023

During the pre-seed fundraising stage, investors need a viable business plan to base their investments on. The pre-seed funds are typically collected so the business can begin preparing a workable business model that demonstrates the company’s future sustainability.

Seed Stage 127

Seed Stage Technical Review Early Stage Due Diligence 127

Steve Blank

JUNE 26, 2015

In the last five years “ Lean Startup ” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. However in practice most companies treated the Three Horizons like they are simply incremental execution of the same business model.

Lean 120

Lean Management Business Model Incubator 120

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?

Cloud 117

Cloud Fractional CTO Entrepreneur Bandwidth 117

The Startup Magazine

OCTOBER 25, 2017

Across the world, work spaces, maker spaces, incubators, and accelerators are opening, expanding, and making an impact on their communities, and beyond. Entrepreneurs who’ve overcome the proof-of-concept phase of their startups want to take their businesses to the next level. Endeavor Miami Entrepreneurs with Laura Maydon.

Miami 61

Miami Technical Review Software Review Artificial Inteligence 61

Steve Blank

MARCH 11, 2016

To be honest I built the class out of frustration watching schools teach aspiring entrepreneurs that all they need to know is how to write a business plan or how to sit in an incubator building a product. using the business model canvas as the framework. Every week we teach the practice of Lean. Reflection Week.

Lean 120

Lean Incubator Business Model Channel 120

Startup Professionals Musings

MARCH 17, 2010

By Jim Flowers A few months ago, Marty invited me to comment on business incubation and what a startup company ought to expect from an incubator. They are funded and staffed by groups of accomplished entrepreneurs. Tags: entrepreneurs incubators relationships startups. Relationships , I said back then.

Incubator 201

Incubator Programming Virginia DC 201

YoungUpstarts

JANUARY 28, 2016

So you’ve decided to enlist a technology incubator to help your new business get off the ground. You have a great idea and a strong business plan, and an incubator is just the partner you need at this stage. Luckily, there are a good number of incubators now available to burgeoning entrepreneurs.

Incubator 100

Incubator Silicon Valley China California 100

Steve Blank

NOVEMBER 13, 2012

By then, I had become a venture capitalist at Mitsui Sumitomo Insurance and found myself talking to a lot of entrepreneurs who were proclaiming their great technology yet were struggling with little revenue, and claiming they were “crossing the chasm”. Lean LaunchPad class at Hosei University business school.

Japan 292

Japan Customer Development Developer Customer 292