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. During the pre-seed fundraising stage, investors need a viable business plan to base their investments on.

Seed Stage 125

Seed Stage Technical Review Early Stage Due Diligence 125

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. Product Development Diagram 1.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

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

Steve Blank

NOVEMBER 13, 2012

After helping build the first Ethernet switch startup, I was attracted by Asynchronous Transfer Mode 25Mbit/sec technology, (ATM25) which was 2.5x The result: great success of my third startup, a load balancing technology for web servers back in the late 1990’s. faster than Ethernet and ran data but plus voice and video.

Japan 292

Japan Customer Development Developer Customer 292

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. So their management teams were insisting that they OEM (buy from someone else) these products.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

YoungUpstarts

OCTOBER 19, 2017

by Steve Owens, Founder and CTO of Finish Line Product Development Services. 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. Reducing product turn time. A technology start-up is very different. Extending the runway.

Product Development 132

Product Development Lean Developer Product 132

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 77

Artificial Inteligence Entrepreneur Technical Review Software Review 77

Hearpreneur

SEPTEMBER 22, 2021

Tesla Tesla invented a successful business model for bringing compelling electric cars to the market. Their focus on technology is also a key role in their innovation. Tesla’s technology is not only used by Tesla, it is also used by other car manufacturers like Toyota, Daimler, and Mercedes-Benz.

Technical Review 120

Technical Review Entrepreneur Software Review SEO 120

Startup Professionals Musings

OCTOBER 19, 2015

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. I usually envision a 50-50 ownership split for their efforts, but every engineer believes the technology side deserves the majority share. Most founders bootstrap product development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Gust

APRIL 27, 2014

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. Product development process. Leverage information technology. Don’t try this without a formal process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

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. Apply for contests and business grants. Only one-third make it past their tenth anniversary. Join a startup incubator.

Intellectual Property 134

Intellectual Property Technical Review Startup Bootstrapping 134

Steve Blank

APRIL 23, 2018

By 1931, with the combination of superior financial management and an astute brand and product line strategy, GM had 43% market share to Ford’s 20% – a lead it never relinquished. Just as Durant had multiple interests, Musk is not only Tesla’s CEO and Product Architect, overseeing all product development, engineering, and design.

Cofounder 268

Cofounder Michigan Stock Forecast 268

The Startup Magazine

FEBRUARY 14, 2024

The rise of the internet, advancements in digital technology, and the growth of social media platforms have fundamentally transformed the way businesses function and engage with their customers. This article aims to provide essential tips that will help budding entrepreneurs navigate the complex yet exciting world of business.

Entrepreneur 88

Entrepreneur Social Media Agile Security 88

Hearpreneur

SEPTEMBER 5, 2021

We live in an era where technology goes hand in hand with business. It impacts the pace at which businesses grow and it remains interesting to see trends that will emerge from some of these technologies. 5G technology provides faster connectivity with decreased latency and battery usage. Photo Credit: Adam Fard.

Artificial Inteligence 105

Artificial Inteligence Technology Entrepreneur Cloud 105

Steve Blank

MARCH 3, 2015

The disadvantage is that its methodology was based on the old waterfall model of product development and not the agile and lean methods that startups use today. It taught lean theory ( business model design , customer development and agile engineering) and practice. Berkeley peers got in Steve’s class.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

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. Is it Worth it?

Analytics 174

Analytics Technical Review Social Media Software Review 174

Steve Blank

MARCH 16, 2016

But startups require money upfront for product development and later to scale. But for the last 40 years, it has provided the financial fuel for a revolution in Life Sciences and Information Technology and has helped to change the world. But there’s only one reason your company got funded. ——-. The Good News.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Private Equity 120

YoungUpstarts

JANUARY 14, 2016

Technology is changing the future of work and the workforce. We have entered in an industrial revolution of the digital age, and just as machines took over the heavy duty human labor in manufacturing plants, computerization and digital technologies are now efficiently performing the manual data- and business-related workload of humans.

Technology 100

Technology Artificial Inteligence Business Model Software 100

Duct Tape Marketing

APRIL 6, 2022

You know, could you look at my business plan? See if the business model works, all these questions. So a lot of the basics are the same, but the big difference between what would be, you know, a local business, as opposed to a potentially global international business is growth. You know, how do you raise capital?

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

YoungUpstarts

AUGUST 30, 2011

Inconsistent startup outsource 4-5 times as much of their product development than consistent startups. In discovery phase 60% of inconsistent startups focus on validating a product and 80% of consistent startups focus on discovering a problem space. Inconsistent startups write 3.4 times more code in efficiency stage.

Silicon Valley 174

Silicon Valley Software Review Startup Cofounder 174

David Teten

APRIL 1, 2021

Nick Kim , Crosscut’s Head of Platform, in his presentation at the 4th Annual VC Platform Summit, shared their Platform development methodology, which he viewed as an exercise in product development. For example, recruiting writ large is useful at all stages of development.

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

YoungUpstarts

OCTOBER 10, 2012

If so, the business world is full of specialists who are all too eager to help. Talented product developers. When 3M brought “lead users” into its innovation process, they improved revenues by a factor of eight times over innovations from internal product developers. Highly trained salespeople.

Customer 154

Customer Fractional CTO Canada Technical Review 154

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.

Marketing 104

Marketing Seattle Operations California 104

The Startup Magazine

SEPTEMBER 2, 2021

Traditional business models have changed as globalization takes hold on a global scale, and technology changes our lives day by day. A startup company is any new business that has been in existence for less than five years, typically meaning it’s emerging from its infancy and hasn’t yet reached maturity.

Startup 127

Startup Social Media Global Incubator 127

Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 The three drivers of growth for your business model. The AARRR model (hence pirates, get it?) He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

Startup Lessons Learned

SEPTEMBER 30, 2008

What does your Chief Technology Officer do all day? When Ive asked mentors of mine who have worked in big companies about the role of the CTO, they usually talk about the importance of being the external face of the companys technology platform; an evangelist to developers, customers, and employees. Heres my take.

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

Steve Blank

SEPTEMBER 24, 2009

The Founder’s New Insight Smart founders are never satisfied with simply executing their current business model, they are constantly observing, orienting and deciding whether their current business model can be made better. It’s a natural part of learning about your customers and business model.)

Customer 195

Customer Silicon Valley RSS California 195

ConversionXL

SEPTEMBER 6, 2013

Steve Blank, a serial entrepreneur in Silicon Valley, developed a methodology for creating businesses that runs in parallel with the traditional product development process. The core idea behind customer development is that the assumptions you make about a target market are only guesses. Pivot the product entirely.

Customer Development 126

Customer Development Conversion Developer Customer 126

YoungUpstarts

OCTOBER 22, 2012

It must cross boundaries, working cooperatively with other divisions in your business such as sales, marketing, social media, PR, product development, and the like. Too often salespeople may “hoard” their prize references, fencing them off from big opportunities to promote or close business for you.

Programming 145

Programming Customer Social Media Advisory Board 145

K9 Ventures

AUGUST 13, 2010

Maybe that was the right thing to do to get the business, but the key point is that we didn’t test how much they would have been willing to pay. I tell these stories to lay the groundwork for what I am going to call Revenue Development. Like Product Development and Customer Development, this too requires conscious iteration.

Revenue 72

Revenue Developer Java Customer Development 72

SoCal CTO

DECEMBER 1, 2010

I continue to collect great content that is the intersection of startups, products, online and technology. Storm Clouds - A VC : Venture Capital and Technology , November 12, 2010 We have enjoyed an amazing run in the web startup and investing space over the past five or six years. This should not deter you.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Ben's Blog

AUGUST 28, 2012

Technological revolutions follow a similar psychological dynamic. A review of the technology press in 1993 and 1994 reveals that almost nobody believed the Internet would be important. Unlike political regimes, technological rulers are comprised of products rather than people. Marc released Mosaic in 1993.

Romania 77

Romania Software Review Cloud Mobile 77

YoungUpstarts

DECEMBER 18, 2014

Doing so requires creating a hybrid business model, one that prioritizes the need for innovation while keeping in play the best aspects of operational excellence — for example, its focus on relentless, constant improvement. In other words, you have to create an idea meritocracy.

Employee 162

Employee Operations Global Dilution 162

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. The deal we made with him was he’d get 33.3%

Technical Review 118

Technical Review Angel Investor Dilution Due Diligence 118

Startup Professionals Musings

MAY 4, 2014

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. Product development process. Leverage information technology. Don’t try this without a formal process.

Startup 268

Startup Institutional Investors Angel Investor Bootstrapping 268

Startup Lessons Learned

SEPTEMBER 15, 2008

The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development. See Customer Development Engineering for my first stab at articulating the theory involved) Ferocious customer-centric rapid iteration, as exemplified by the Customer Development process.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

The Startup Magazine

JULY 16, 2018

Yip Yap exists to provide a safe and fun introduction to mobile technology for kids in the gap between toy phones and traditional smartphones, representing a $2B market opportunity. There are real and significant dangers with mobile technology and kids. The conversation around kids and technology is relevant and rising.

Startup 76

Startup Texas Angel Investor Mobile 76