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I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. — Over the last three years the Lean LaunchPad class has started to replace the last century’s “how to write a business plan” classes as the foundation for entrepreneurial education.

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Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

Remember, the definition of a startup is a temporary organization designed to search for a repeatable and scalable business model. ( A business model is all the parts of a strategy necessary to deliver a product to a customer and make money from it. Lessons Learned. Acquirers need a formal integration and on-boarding process.

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Intellectual Property for Startups in the Real World

Gust

Last month we covered the basics of intellectual property (IP) for startups, including a simple taxonomy, some common issues and related documents for entrepreneurs to use when forming a new startup. How much is it worth investing in cultivating and enforcing an IP portfolio ? Barriers to entry ?

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Make The Most Of Your Next VC Pitch By Doing These 10 Things

YoungUpstarts

You may have a thoughtful business plan, a proven team, and a great product, but if the market isn’t big enough to present them with an outsized opportunity to make money, they’ll pass. The market for our product was global, and we had unique advantages in terms of our product and how we distributed it to customers.

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Want to Give Your Business a Quick and Easy Boost?

Growthink Blog

Many distribution, manufacturing, and service businesses fit this description. Company Scenario #2: A company with a solid revenue base - say more than $5 million in sales - but competes in an industry not one of great, current interest to buyers / investors. Putting all of this out there and SO many good things come back to us.

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Fear of Failure and Lack of Speed In a Large Corporation

Steve Blank

They’ve learned the best distribution channel to get the product from their company to the customer. Filed under: Big Companies versus Startups: Durant versus Sloan , Business Model versus Business Plan , Customer Development. They’ve found product/market fit (what products customers want to buy).

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The LeanLaunch Pad at Stanford – Class 8: Key Resources, Activities and Expense Model

Steve Blank

The concept of Partners , took some explanation as some teams confused partners with the Distribution Channel.). After a week of hectic customer discovery , the team further refined their new business model. His lecture covered: What resources do you need to build your business? Any IP you need to license?