Steve Blank

APRIL 8, 2010

There must be something really wrong with our business. We thought we’d take our plan and go raise seed money. We can’t raise money knowing our plan is wrong.”. Why a business plan is different than a business model. A business model describes how your company creates, delivers and captures value.

Business Model 328

Business Model Business Plan Customer Cap Table 328

Startup Professionals Musings

DECEMBER 20, 2011

You see, investors invest in people, before they invest in ideas or products. Since they don’t know you (yet), their first integrity check on you as a person is whether your friends and family believe in you strongly enough to give you seed money for your new idea. If they won’t do it, they why would I as stranger invest in you?

Early Stage 247

Early Stage Technical Review Elevator Pitch Due Diligence 247

Startup Professionals Musings

NOVEMBER 28, 2010

You see, investors invest in people, before they invest in ideas or products. Since they don’t know you (yet), their first integrity check on you as a person is whether your friends and family believe in you strongly enough to give you seed money for your new idea. If they won’t do it, they why would I as stranger invest in you?

Technical Review 233

Technical Review Elevator Pitch Due Diligence Angel Investor 233

The Startup Magazine

OCTOBER 5, 2020

If all else fails and your business model goes belly up, you still have your studies to rely on for future prospects. You can get discounts on: Apple products. Business services . You should never ignore the opportunity for money off of the things you need to get set up. Electronics. Office items.

Seed Money 91

Seed Money Startup eCommerce .Net 91

Steve Blank

JUNE 11, 2009

Passionate – is the company/product/customers the most important thing in your life? However, you will be dealing with almost daily change, (new customer feedback/insights from a Customer Development process and technical roadblocks ,) as the company searches for a repeatable and scalable business model. Thanks Steve!

Cofounder 219

Cofounder Founder Silicon Valley Technical Cofounder 219

Austin Startup

SEPTEMBER 17, 2017

A business model must be created out of whole cloth, and generally it’s a compilation of assumptions piled on top of other assumptions. Every model has a happy outcome when a founder is trying to convince himself or herself, a team, an investor, or even a spouse that the venture ahead is a good idea. million customers.

Valuation 48

Valuation Forecast Seed Money Business Model 48

Rob Go

MARCH 20, 2013

Even Mailbox (which just got acquired by DropBox for likely a big number) I’m sure faced a trough of sorry when they shifted resources away from their original product (behind which their raised their seed round) and pursued what could have been yet another email client. The trough I’m sure happens even for every successful companies.

Bootstrapping 46

Bootstrapping Finance Dividend Vesting 46

Startup Lessons Learned

MAY 31, 2019

Many very successful, non-technology companies have also been products of venture capital, including Home Depot, Starbucks, and Staples. First, the introduction of seed money as an institutional form of capital. That is the nature of this business - starting a company is incredibly hard. No need to name names.

Lean 108

Lean Venture Capital Conversion IPO 108

www.paulgraham.com

OCTOBER 23, 2010

Microsofts originalplan was to make money selling programming languages, of all things.Their current business model didnt occur to them until IBM droppedit in their lap five years later. In nearly every failed startup, the real problem was that customersdidnt want the product. This doesnt work well.

Startup 105

Startup Cofounder Software Stock 105

Mike Michalowicz

MARCH 24, 2013

They have to develop strategies and build relationships to help them get the best sources for their products and provide the best chance of generating positive word of mouth publicity. Business owners must maintain a sense of accountability. It’s almost as if they’re born with product manuals already downloaded into their little heads.

Entrepreneur 167

Entrepreneur Seed Money Social Media Sales 167

techcrunch.com

OCTOBER 23, 2010

So for this first post, here’s the best advice I can give you: join an awesome founding team and get your product out the door ASAP. But six months in, you’re gonna cry when you see someone else put out that same product you’re pitching me right now. Like I said, forget everything else and just get your product out the door.

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84