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.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

DECEMBER 6, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Apply for contests and business grants. Only one-third make it past their tenth anniversary.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Hearpreneur

JANUARY 25, 2023

This presents a great opportunity for entrepreneurs to launch their own businesses and capitalize on the latest technology. 4- Drop-shipping enterprise Photo Credit: Matthew Magnante It's my proposal The drop-shipping business model involves selling things that are transported straight from the supplier to the client.

Software Review 117

Software Review Technical Review Artificial Inteligence Entrepreneur 117

Steve Blank

JUNE 8, 2021

– while simultaneously building a series of minimal viable products. Unlike traditional demo days or Shark Tanks which are, “Here’s how smart I am, and isn’t this a great product, please give me money,” a Lessons Learned presentation tells the story of a team’s 10-week journey and hard-won learning and discovery.

Lean 413

Lean Security Asia SBIR 413

Startup Professionals Musings

SEPTEMBER 7, 2018

A critical stage for most first-time entrepreneurs is getting their idea developed into at least a prototype to validate their technology. This process costs money, which professional investors are not willing to contribute, since their interest is in scaling a proven product and business model into a growth business.

Early Stage 225

Early Stage SBIR Technical Review Seed Stage 225

Startup Professionals Musings

JUNE 30, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Apply for contests and business grants. Commit to a major customer.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Startup Professionals Musings

JULY 8, 2023

So why do I see some many funding requests for products along these lines? Here are some key drivers that will likely lead you to a fundable idea: A business crisis. When globalization or technology shrinks distances (Internet), painful missing needs become evident, and opportunities abound. Truly “disruptive” technologies.

China 295

China California Government Global 295

NZ Entrepreneur

SEPTEMBER 29, 2021

With the pandemic, climate crisis, global economic shifts and rapidly changing consumer markets, it is clear that many businesses of today will no longer be relevant tomorrow. experiments to build a product, find customers, test business models and hire amazing people. Underpinning this growth is good governance.

Technical Review 89

Technical Review Software Review New Zealand Due Diligence 89

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. Technology pilots.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

Startup Professionals Musings

AUGUST 2, 2019

A refrain I often hear from technology entrepreneurs to investors is that their product or solution is so innovative that it will cause a “paradigm shift” in the industry. Due to qualms of customers and governments, he sold less than 30,000 of the devices over the next five years.

Technical Review 226

Technical Review Leadership Portfolio Matching 226

Startup Professionals Musings

JANUARY 18, 2021

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. Technology pilots.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

Startup Professionals Musings

OCTOBER 17, 2020

So why do I see some many funding requests for products along these lines? Here are some key drivers that will likely lead you to a fundable idea: A business crisis. When globalization or technology shrinks distances (Internet), painful missing needs become evident, and opportunities abound. Truly “disruptive” technologies.

Customer 417

Customer Startup China California 417

Steve Blank

AUGUST 21, 2013

What if we could increase productivity and stave the capital flight by helping Life Sciences startups build their companies more efficiently? Quite a few of the teams were building biotech, devices or digital health products. The funding criteria for these new ventures wasn’t solely whether they had a innovative technology.

SBIR 319

SBIR Technical Review Lean Startup 319

Start Up Blog

AUGUST 1, 2019

This can be done through products, services, methods, processes, business models or governance. . The two things that matter above for this post are; ‘ unarticulated market needs ‘ and ‘ Governance ‘ Both of which will be the most important facets of innovation in the coming decade.

Technical Review 67

Technical Review Software Review Government Algorithm 67

Startup Professionals Musings

JULY 14, 2014

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Apply for contests and business grants. Commit to a major customer.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Steve Blank

APRIL 14, 2013

business models. Small startups act the same way, simply cloning each other’s products. The Chinese government must be laughing hysterically over U.S. When the Chinese government censors (run by their propaganda department ) shutdown access to yet another U.S. Of course “copy” is too strong a word. Fear of Failure.

China 327

China Silicon Valley Non-Compete Intellectual Property 327

Startup Professionals Musings

AUGUST 7, 2023

The cost of doing business in any market is heavily dependent on local transportation, energy, technology, and financial services. These components can totally change your customer value proposition, or the business model that you have honed. Re-validate your business model in every market.

Global 276

Global Algorithm Business Model Social Media 276

Hearpreneur

APRIL 13, 2022

As a CEO of a technological startup, I often need to find trustworthy information as quickly as possible. Moreover, I like inspiring myself with interesting online business models and Wikipedia is a great example of a user-generated content-based website. It led the way to a new kind of business model and changed the game.

Artificial Inteligence 76

Artificial Inteligence Entrepreneur Technical Review Software Review 76

Startup Professionals Musings

FEBRUARY 19, 2013

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Apply for contests and business grants. Commit to a major customer.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Board Effect

AUGUST 28, 2023

Social responsibility goes hand-in-hand with ethical responsibility on the job, as the vast majority of people expect that your organization’s activities shouldn’t harm people, products, or services. Considering your conscience and the nonprofit’s principles in making ethical business decisions. Curious to learn more?

Software Review 52

Software Review Government Reputation Employee 52

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Apply for contests and business grants. Only one-third make it past their tenth anniversary.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

The Startup Magazine

APRIL 30, 2024

In the modern business landscape, the importance of business ethics has become more pronounced than ever. As companies navigate through an era of globalization, technological advancements, and increased regulatory scrutiny, ethical practices have become a cornerstone for building trust and credibility.

Reputation 148

Reputation Leadership Non-Compete Government 148

Board Effect

APRIL 15, 2019

With so much change evolving in the corporate arena, this is a prime time for companies and organizations to evaluate regulations at every level, assess customer and workforce demographics, and evaluate business models. Nomination and governance committees have a leadership role related to board effectiveness and governance.

Software Review 75

Software Review Government Technical Review Software 75

Gust

APRIL 27, 2014

Write down the key elements of your business plan very early, and keep it current as things evolve. This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization. Funding process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Start Up Blog

APRIL 11, 2019

Ten years is not a very long time, but in a world of exponential technology, a lot can happen. Sure, some of the ideas below might seem like science fiction or fantasy, but so was much of the technology we take for granted today. Fear of technology, job losses and immigrants will continue its current pattern.

Software Review 91

Software Review Technical Review Artificial Inteligence Non-Compete 91

Startup Professionals Musings

MAY 7, 2012

It’s a long way from an entrepreneur’s “idea” to a working product with a real market and paying customers. For less tangible products, like software, it should simulate the look and feel of the final product on relevant base hardware. Leverage the technology to change directions as needed.

Startup 242

Startup Database Early Stage Distribution 242

Steve Blank

APRIL 19, 2023

Both are wakeup calls that victory and deterrence in modern war will be determined by a state’s ability to both use traditional weapons systems and simultaneously rapidly acquire, deploy, and integrate commercial technologies (drones, satellites, targeting software, et al) into operations at every level. The DoD has not done either of these.

Ukraine 310

Ukraine China Taiwan Russia 310

Steve Blank

JUNE 26, 2015

government to help them innovate faster– not just kind of fast, but 10x the number of initiatives in 1/5 the time. 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. A 50x speedup kind of fast.

Lean 120

Lean Management Business Model Incubator 120

Startup Professionals Musings

NOVEMBER 8, 2021

If you are living your passion, you want to interact with customers, and “touch and feel” the product every day. Non-equity funding has to come from personal sources, or government grants, or bank loans. Business model to maintain lifestyle is the primary driver. Insist on being engaged at the transaction level.

Entrepreneur 371

Entrepreneur Equity Dilution LLC 371

The Startup Magazine

SEPTEMBER 27, 2023

In this article, we will explore the key business trends that startups should closely monitor as they navigate the ever-changing landscape of 2024. From digital transformation to sustainability and emerging technologies, we will provide insights, examples, and actionable advice to help startups thrive in the coming year.

Startup 147

Startup Analytics Global Agile 147

YoungUpstarts

MAY 1, 2018

Talking about the Brazilian market, they can even get a fine from the government because of some missing transactions on that day. Most of their business models wouldn’t be possible without it. The IT guys know what technology can do. What does all that means? Waste of time. Why not the cloud?

Cloud 124

Cloud Software Developers Software Development Hosting 124

Transformify

SEPTEMBER 12, 2017

Those countries relying on agriculture or oil production tend to have high unemployment rates and wide skills gaps. Most young people can’t afford to study abroad without government subsidies or scholarships. Kenya: Youth Fund Targets Young People in Business Start-Up Loans Plan.

Africa 75

Africa Benin Seychelles Nigeria 75

VC Cafe

JANUARY 24, 2023

In one of the sessions I attended the room was packed with developers, and in the web3-focused session, most of the chatter was not on NFTs or Play to Earn, but on the potential of generative AI to reduce costs, increase productivity and test various aspects of the game creation value chain from ideation, to development and marketing of games.

Generative AI 103

Generative AI San Francisco Technical Review Europe 103

Steve Blank

JANUARY 28, 2020

Christensen, writing for a corporate audience, explained that there were two classes of products – sustaining and disruptive. His message was that existing companies are great at sustaining technologies and products but were ignoring the threat of disruption. At that tipping point the legacy industry collapses.

Lean 431

Lean Business Model Government Agile 431

Steve Blank

APRIL 14, 2013

business models. Small startups act the same way, simply cloning each other’s products. The Chinese government must be laughing hysterically over U.S. When the Chinese government censors (run by their propaganda department ) shutdown access to yet another U.S. Of course “copy” is too strong a word. Fear of Failure.

China 219

China Silicon Valley Non-Compete Intellectual Property 219

Duct Tape Marketing

MAY 30, 2024

Key Takeaways Chris Martinez’s journey underscores the importance of strategic pivots, understanding customer needs, leveraging technology, building a strong team, and continuous learning. By pivoting to a specialized niche, he aligned his services with client demands, enhancing efficiency and scalability through technology.

Mexico 71

Mexico Churn Rate San Diego Technical Review 71

Startup Professionals Musings

JULY 14, 2023

In reality, the business world gets tougher every day, with new entrants, new technology, and competitors more easily entering the fray from around the globe. Every existing business, as well as every startup, needs to reassess their product or service in the context of these five forces: Intensity of competitive rivalry.

Differentiation 220

Differentiation Framework Equity Business Plan 220