article thumbnail

Why Governments Don’t Get Startups

Steve Blank

When I read policy papers by government organizations trying to replicate the lessons from the valley, I’m struck how they seem to miss some basic lessons. Regions building a cluster around scalable startups fail to understand that a government agency simply giving money to entrepreneurs who want it is an exercise in failure.

article thumbnail

What Is a Business Plan?

Up and Running

This article is part of our “ Business Planning Guide “ —a curated list of our articles that will help you with the planning process! What is a business plan? In its simplest form, a business plan is a guide—a roadmap for your business that outlines goals and details how you plan to achieve those goals.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

7 Reasons That Investors Won’t Fund Inventions Alone

Startup Professionals Musings

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. You need a viable business model and customers. Early-stage ideas fall in the same category.

article thumbnail

7 Indications Your New Venture May Not Be Investable

Startup Professionals Musings

On the Internet, I am wary of one more search engine provider, clones of existing social-media sites, and yet another new dating site. Products requiring changes to government regulations. These historically have included work-at-home, restaurants, telemarketing and social-service providers.

article thumbnail

Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank

During the Cold War with the Soviet Union, science and engineering at both Stanford and U.C. Starting in the 1950’s, Stanford’s engineering department became “outward facing” and developed a culture of spinouts and active faculty support and participation in the first wave of Silicon Valley startups. Today the U.C.

article thumbnail

7 Startup Proposals That May Raise Investor Red Flags

Startup Professionals Musings

On the Internet, I am wary of one more search engine provider, clones of existing social-media sites, and yet another new dating site. Products requiring changes to government regulations. These historically have included work-at-home, restaurants, telemarketing and social-service providers.

article thumbnail

Hacking for Defense @ Stanford 2021 Lessons Learned Presentations

Steve Blank

While all the teams used the Mission Model Canvas , (videos here ), Customer Development and Agile Engineering to build Minimal Viable Products, each of their journeys was unique. I observed that teaching case studies and/or how to write a business plan as a capstone entrepreneurship class didn’t match the hands-on chaos of a startup.

Lean 394