Steve Blank

SEPTEMBER 5, 2023

In the early stages of a startup your hypotheses about all the parts of your business model are your profound beliefs. You can’t be an effective founder or in the C-suite of a startup if you don’t hold any. Here’s how I learned why they were critical to successful customer development. Who are the payers?

Business Model 345

Business Model Product Development Early Stage Customer Development 345

Steve Blank

OCTOBER 26, 2020

Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy. One product at a time wasn’t going to change the trajectory of the DOD. And then we’re also focused on autonomy.

Artificial Inteligence 417

Artificial Inteligence Fractional CTO Technology CTO 417

Startup Professionals Musings

APRIL 3, 2016

These things outside your control do happen, but based on my years of experience as a startup advisor and angel investor, I still see too many shortcuts leading to failure that are inside the entrepreneur decision realm. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

Steve Blank

MAY 9, 2017

I’ve spent my life in innovation, eight startups in 21 years, and the last 15 years in academia teaching it. the wave of semiconductor startups in the 1960’s/70’s, the emergence of Venture Capital as a professional industry, the personal computer revolution in 1980’s, the rise of the Internet in the 1990’s and finally.

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Restful Silicon Valley Puerto Rico San Jose 243

YoungUpstarts

FEBRUARY 21, 2019

The cost of running a business today can be financially exhausting for companies that range from the simplest startups to the most well-established corporations. To create a sustainable business model, owners and manager now must consider how their business processes and infrastructure can save money instead of draining their budgets.

Cloud 113

Cloud eCommerce Security Advertising 113

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. Durant took his money from his carriage company and bought a struggling automobile startup called Buick.

Michigan 296

Michigan Cofounder Stock Forecast 296

Steve Blank

SEPTEMBER 1, 2021

You think startups are hard? 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. Do they have better sales, marketing, or product development groups? The short answer is no.

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The Startup Magazine

JUNE 17, 2021

Big data is a prominent subject for many businesses around the world, and for those of you who operate entirely online enterprises, studying statistics and numbers is perhaps even more important, and, can be convenient using online business education. The post How Can Pursuing an MA in Data Analysis Benefit Your Online Business?

Analytics 179

Analytics Technical Review Social Media Software Review 179

Hearpreneur

OCTOBER 10, 2023

In the realm of great business ideas, a well-crafted business plan takes center stage. It's your persuasive pitch to potential investors, outlining your startup's objectives and profitability strategy. As a dynamic document, it remains rooted in your business's core objectives while flexibly responding to change.

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Steve Blank

DECEMBER 17, 2015

Startups, entrepreneurs, and management teams. And take what it learns and regularly update the corporate engineering, strategy, VC groups and business unit heads, on technology and market shifts. It may invest in a few startups in this Stage but that’s not the goal.). Academics, consultants, incubators.

Silicon Valley 120

Silicon Valley Incubator Acquisition Business Model 120

Steve Blank

NOVEMBER 24, 2010

Wave after wave of hardware, software, biotech and cleantech products have emerged from what has become “ground zero” of entrepreneurial and startup culture. While startups continued to innovate in each new wave of technology, the rate of innovation was constrained by limitations we only now can understand. Starting now.

Silicon Valley 335

Silicon Valley United States Venture Capital Software Review 335

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

Up and Running

JULY 2, 2014

Picking the right attorney in your startup is as important as picking the right business partner. You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. My business partner and I were elated.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Steve Blank

MARCH 4, 2014

In the last few years we’ve recognized that a startup is not a smaller version of a large company. We’re now learning that companies are not larger versions of startups. But paradoxically, in spite of all their seemingly endless resources, innovation inside of an existing company is much harder than inside a startup.

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IRR Startup Business Model Agile 335

Startup Lessons Learned

SEPTEMBER 15, 2008

Lessons Learned by Eric Ries Monday, September 8, 2008 The lean startup Ive been thinking for some time about a term that could encapsulate trends that are changing the startup landscape. After some trial and error, Ive settled on the Lean Startup. Of course, many startups are capital efficient and generally frugal.

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Lean San Francisco Startup Continuous Deployment 168

Transformify

JUNE 6, 2019

As successful as Toyota has been, one of its operating pillars is definitely continuous process improvement, also known as kaizen. The operating process also requests all team members to be devoted to the company on 100%. How to apply it to your business? Where to start? It is easier said than done, though.

Lean 56

Lean Management Technical Review Software Review 56

Startup Professionals Musings

APRIL 1, 2015

These things outside your control do happen, but based on my years of experience as a startup advisor and Angel investor, I still see too many common failure causes that are inside the entrepreneur decision realm. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time.

Intellectual Property 120

Intellectual Property Angel Investor Viral Distribution 120

YoungUpstarts

MAY 18, 2017

However, when it comes to MLM product development, marketing ideas and compensation plan strategy, being a creative copycat could be a legal and ethical shortcut to achieving your business goals for your new MLM, party plan or direct selling company. The same goes for new MLM product development.

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Marketing Seattle Operations California 113

Duct Tape Marketing

APRIL 6, 2022

Steve is the CEO of Founders Space, one of the world’s leading startup accelerators with over 50 partners in 22 countries. Founders Space was ranked the #1 incubator for overseas startups by Forbes and Entrepreneur Magazines. Questions I ask Steve Hoffman: [2:30] How did you get into the business of advising start-ups? [3:49]

San Francisco 96

San Francisco Technical Review Incubator Silicon Valley 96

Steve Blank

AUGUST 3, 2012

Long before there was the Lean Startup, Business Model Canvas or Customer Development there was a guy in Santa Barbara California who had already figured it out. Frank Robinson of SyncDev has been helping companies figure out their minimum viable product and pivots since 1984, long before I even knew what it meant.

San Jose 259

San Jose Technical Review Customer Development Software Review 259

crowdSPRING Blog

MAY 9, 2023

Starting a dropshipping business is one of the best ways to begin your entrepreneurial journey. The startup costs are low; you can set your product prices and build a successful brand without paying for inventory or building a physical store. Online businesses have also massively grown in popularity over the last few years.

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Business Model Stock Cost Email 121

Up and Running

JULY 26, 2017

Website, web app, or a mobile app—what would be the right “form” for your business idea ? Since the release of the very first iPhone, everyone has been treating the mobile-first business model as the new gold rush. Before devoting resources to building a full version, consider launching an MVP (minimal viable product) first.

Mobile 81

Mobile Application Development Web Software Review 81

Steve Blank

NOVEMBER 21, 2015

I first met Evangelos Simoudis when he ran IBM’s Business Intelligence Solutions Division and then as CEO of his first startup Customer Analytics. and reorganized into operating divisions (by product, territory, brand, etc.), each with its own profit and loss responsibility. See here for background on horizons.).

Silicon Valley 120

Silicon Valley Venture Capital United States Technical Review 120

Women Entrepreneurs Can

MARCH 18, 2023

A Venture capitalist helps startups by providing financial support, business expertise and guidance. VCs have invested in dozens of startup companies, and they can offer entrepreneurs tips from their own experience. VCs typically invest in startups at the seed or early growth stage.

Artificial Inteligence 52

Artificial Inteligence Startup Early Stage Syndicate 52

ConversionXL

SEPTEMBER 6, 2013

Most startups fail. Not because they have a conversion problem but because they never really nail the product or how to market it. The most common mistake startups make is assuming they can operate the same way big companies do, and expect success with little to no feedback from potential customers. image source.

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Customer Development Conversion Developer Customer 126

Steve Blank

MAY 14, 2012

magazine is publishing a 12-part series of excerpts from The Startup Owner’s Manual , the new step-by-step “how to” guide for startups. The excerpts, which appeared first at Inc.com , highlight the Customer Development process, best practices, tips and instructions contained in our book.

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Balance Sheet Business Model Customer Development Metrics 335

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. In addition, I’ve noted a few multi-product lending firms, e.g., Kapitus and United Capital Source , which provide RBI as one of many structural options to companies seeking capital. . Alternative Capital. “

Revenue 60

Revenue Technical Review Software Review Equity 60

Steve Blank

JULY 29, 2013

A founder typically recruits co-founders and then becomes part of the founding team involved in day-to-day company operations. In web/mobile startups the canonical view is the founding team consists of a hacker, a hustler, and a designer. Speed, tempo and fearless decision-making are a startups strategic advantage.

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Cofounder Advisory Board Customer Development Leadership 335

ReadWriteStart

JUNE 29, 2020

In other words, you must start bootstrapping an online startup , because the future of the global business world is online. The companies that have the greatest chance of surviving the global economic shutdown are the ones that have pivoted their business processes from the brick-and-mortar model to an online model.

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Bootstrapping Global Startup Hungary 85

Women Entrepreneurs Can

NOVEMBER 19, 2022

A Venture Capital Firm is a firm that invests in startups and early-stage companies. Investing in a startup company carries a high degree of risk, particularly at the early stage. One of the most common ways of investing in a startup is by leveraging the expertise of a venture capital firm. Pre-Seed Investments. Seed Rounds.

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Venture Capital Early Stage Liquidity Event SEC 52

A Smart Bear: Startups and Marketing for Geeks

JULY 19, 2010

This is Part 2 of the series: 5 lessons from 150 startup pitches.??? What if someone copies your awesome business idea? No, wait, the real question is: What are you going to do when another smart, scrappy startup copies it, and gets $10m in funding, and is thrice featured on TechCrunch? Our advantage was speed. The Dream Team.

Software Review 325

Software Review Technical Review Development Team Review Bolivia 325

Steve Blank

JUNE 25, 2009

Twenty eight years ago I was the bright, young, eager product marketing manager called out to the field to support sales by explaining the technical details of Convergent Technologies products to potential customers. They couldn’t keep up with the fast product development times that were enabled by using standard microprocessors.

Technology 143

Technology Silicon Valley Fractional VPE Part-Time VPE 143

www.vccafe.com

MARCH 11, 2013

Startup Resources (Updated Mar 2013). Venture Capital Cafe > Startup Resources (Updated Mar 2013). VC & Startup Resources. Seed Startups. VC Cafe covers early stage Israeli and European tech & mobile startups. Hundreds of startups featured since 2005, will yours be next? About VC Cafe.

Software Review 53

Software Review Technical Review Startup 53

ReadWriteStart

JANUARY 26, 2012

Today's roundtable was co-hosted with the Jacksonville Startup Weekend. For the uninitiated, Startup Weekends are 54-hour events where entrepreneurs come together to pitch ideas, form teams, and learn best practices. 150 people came together, and 17 businesses were formed. Investors rarely fund concepts.

Jacksonville 114

Jacksonville Florida PPC Programming 114

Steve Blank

MAY 18, 2009

We agreed that all her founding CEOs seemed to have the same set of personality traits – tenacious, passionate, relentless, resilient, agile, and comfortable operating in chaos. What makes an individual a great startup founder (versus an employee) has been something I had been thinking about since I retired.

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Founder Silicon Valley RSS China 310

Hippoland

FEBRUARY 12, 2018

I’ll give you an example with my own startup LaunchBit and how our understanding of the problem and the customer became more refined over time: V1: Helping online marketers get customers profitably. Almost all of the companies we invested in in 2017 had customers even if they didn’t have much of a product. Or grew up in the same town.

Seed Stage 48

Seed Stage Business Model B2B Email 48

Hippoland

FEBRUARY 12, 2018

I’ll give you an example with my own startup LaunchBit and how our understanding of the problem and the customer became more refined over time: V1: Helping online marketers get customers profitably. Almost all of the companies we invested in in 2017 had customers even if they didn’t have much of a product. Or grew up in the same town.

Seed Stage 48

Seed Stage Business Model B2B Email 48