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

ReadWriteStart

MAY 5, 2011

Satya is evaluating various go-to-market models such as franchising, and I advised him to focus on direct selling to major builders and working with industry value-added resellers (VARs) that already operate in the smart home segment in India. We can derive GeoInvenio's business model and pricing model based on that.

Costa Rica 115

Costa Rica Incubator Silicon Valley India 115

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. In general, banks won’t give you a loan until the business is cash-flow positive, no matter what the future potential. Join a startup incubator.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

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. Why are some companies able to reinvent themselves while others, once market leaders, are disrupted? So they prepare for future markets by exploring new ventures.

Incubator 402

Incubator Lean Agile Business Model 402

Steve Blank

JANUARY 30, 2013

With hindsight we should have had “proof of concepts” tested in a corporate center (think ‘pop-up incubator’) where they would do extensive Customer Discovery. We should had done this before assigning the teams to a particular business unit (or had the ability to create a new business unit, or spin the team out of the company).

Programming 265

Programming Technical Review Incubator Intellectual Property 265

YoungUpstarts

JUNE 1, 2019

In the first post , we drilled down into the often-overlooked notion of “market-engineering” and why it’s so critical. Go-to-Market. In the go-to-product phase, you can get help from a plethora of incubators, accelerators and angel investors. In other words, they need go-to-market traction. Go-to-Product. Go-to-Scale.

Cleveland 127

Cleveland Marketing Framework Early Stage 127

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

JULY 14, 2014

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.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

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. And what the market needed would, of course, be exactly what we had envisioned.

Lean 315

Lean Customer Development Sales Cycle Business Model 315

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

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

NOVEMBER 6, 2019

Success in any business these days requires a constant flow of new and innovative solutions, to keep up with changes in the market, competition, and to attract new customers. Yet in my role as a small business advisor, I still see a singular focus on achieving repeatable processes and “cookie-cutter” manufacturing.

Stock Options 236

Stock Options Incubator Framework Stock 236

Duct Tape Marketing

APRIL 6, 2022

Practical Strategies For Starting A Business written by John Jantsch read more at Duct Tape Marketing. Marketing Podcast with Steve Hoffman. In this episode of the Duct Tape Marketing Podcast , I interview Steve Hoffman, also known as Captain Hoff. More About Duct Tape Marketing Consultant Network: Learn more here.

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

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

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

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. With services ranging from branding to technology to marketing, labs also guide the company to a successful investment and ultimately a strong exit.

Seed Stage 100

Seed Stage Silicon Valley Incubator Asia 100

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

JANUARY 12, 2018

According to a recent 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 134

Intellectual Property Technical Review Startup Incubator 134

ReadWriteStart

JUNE 1, 2020

The next reason is to establish a competitive advantage over your competition and quickly acquire a substantial market share. Let’s take an example – In the case of an internet or app business, the user traction and market penetration is a must. Incubators and Accelerators. Establish a competitive advantage.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

SEPTEMBER 19, 2011

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 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. It’s hard enough to pick which existing companies with known business models to aid. This is the first of two posts about Finland and entrepreneurship.

Finland 324

Finland Venture Capital Government Russia 324

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. in order to validate/invalidate their business model hypotheses.

Lean 120

Lean Incubator Business Model Channel 120

YoungUpstarts

SEPTEMBER 10, 2018

Acceleration and incubation programs are on the rise and have helped start and scale many successful businesses over the past 10 years. Here are two of the reasons we were not accepted: The market strategy is not clear. More research and explanation is needed to understand how the business plan will be executed.

Programming 109

Programming Chile B2B B2C 109

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.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 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. Tags: entrepreneurs incubators relationships startups. Relationships , I said back then. And I stand by that assertion. And it all happens in the span of 90 days.

Incubator 201

Incubator Programming Virginia Seattle 201

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 Business Model 325

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 Customer Development 120

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. Business commercialization.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

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. But don’t fret.

Incubator 100

Incubator Silicon Valley China Cofounder 100

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

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. They must scale their businesses.

Miami 61

Miami Technical Review Software Review Advisory Board 61

Hearpreneur

OCTOBER 3, 2021

What I truly appreciate about Mr. Masiyiwa is that he is always striving to be better and he has great incubators for young African entrepreneurs. He is also the most engaged business leader on Facebook in Africa. His innovative ideas about home computers and mobiles changed the market forever. 2- Jeff Bezos. 4- Sarah Hawley.

Entrepreneur 98

Entrepreneur San Francisco Technical Review Cofounder 98

Startup Professionals Musings

NOVEMBER 19, 2017

Success in any business these days requires a constant flow of new and innovative solutions, to keep up with changes in the market, competition, and to attract new customers. Yet in my role as a small business advisor, I still see a singular focus on achieving repeatable processes and “cookie-cutter” manufacturing.

Stock Options 141

Stock Options Incubator Framework Stock 141

Steve Blank

NOVEMBER 13, 2012

Leveraging my marketing skills, I successfully made what Steve calls an “onslaught launch”, generating a lot of press coverage and apparent early success. In 2004, Googling terms like “high tech marketing” and “startup” I discovered “ The Four Steps to The Epiphany ” at Cafépress.com. But customers didn’t agree.

Japan 292

Japan Customer Development Developer Customer 292

Steve Blank

MAY 18, 2020

We’re holding a series of 5-day online classes at Stanford where teams will learn how to develop new business models for an economy that’s getting back to work and on the road to recovery. The Covid-19 virus has upended traditional ways of doing business, travel, education, entertainment, healthcare, etc. Sign up at [link].

Lean 436

Lean Business Model Affiliate Incubator 436

Both Sides of the Table

MARCH 25, 2016

Lately I’ve been having to say things I thought I’d never have to remind people, like, “getting to positive gross margin in several territories is a very low bar to claim success” or “profitable excluding marketing costs” is not actually a real thing. Market Size. MakeSpace provides physical storage.

Startup 150

Startup Seed Money DC Software Review 150

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. Business commercialization.

Early Stage 412

Early Stage Angel Investor Incubator Government 412