YoungUpstarts
OCTOBER 19, 2017
The lean start-up movement has been based on a single insight – which the purpose of a start-up is to discover a business model that works. In this article we explore the unique challenges of a lean start-up and how Outsourced Product Development (OPD) can be used to overcome them. The Lean Start-Up Environment.
Steve Blank
MAY 26, 2009
Verticals Are Different I began to realize that entrepreneurs (and their professors) act like every vertical market and industry has the same set of rules. So the first heuristic is: do not assume the startup rules are the same for all vertical markets. Just for discussion, the markets I chose were: Web 2.0,
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Steve Blank
NOVEMBER 4, 2021
Modern entrepreneurship began at the turn of the 21 st century with the observation that startups aren’t smaller versions of large companies – large companies at their core execute known business models, while startups search for scalable business models. Problem – Lean Doesn’t Have a Market Definition Step.
Steve Blank
NOVEMBER 16, 2009
However the Customer Development Model and the Lean Startup work equally well for startups on the web. Union Square Ventures The next morning I got to spend time with Brad Burnham , partner at Union Square Ventures talking about their investment strategy and insights about web-based businesses.
The Startup Magazine
JUNE 1, 2023
And they probably never will be unless business model viability is reassessed across the board. We didn’t have to change our business model entirely, we just realized what was working and what wasn’t and moved on from there. Hire versatile players and lean into your team The SVB collapse reminded us that staffing matters.
Steve Blank
AUGUST 31, 2009
And how thinking of a solution to this commonly used model’s failures led to a new model – the Customer Development Model – that offers a new way to approach startup activities outside the building. Startups don’t fail because they lack a product; they fail because they lack customers and a profitable business model.
Austin Startup
FEBRUARY 26, 2020
The founding process extremely challenging and when things get hard you need people to lean on both for advice and support! This track brings together founders and funders and showcases exciting new companies, products, services, and business models across different verticals and industries. Hard question.
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