Steve Blank

JUNE 19, 2014

After seeing the process work so well for scientists and engineers in the NSF, we hypothesized that we could increase productivity and stave the capital flight by helping Life Sciences startups build their companies more efficiently. assess intellectual property and regulatory risk before they design and build.

Lean 269

Lean SBIR Intellectual Property Customer Development 269

YoungUpstarts

AUGUST 6, 2012

Students will even receive a minor in entrepreneurship as they develop their own business plans. At Boston University, there’s an incredible array on business incubation opportunities. Engineering Translational Technology Center. Stony Brook University Calverton Business Incubator. Syracuse Student Sandbox.

Incubator 202

Incubator New York City Boston Intellectual Property 202

Startup Professionals Musings

AUGUST 20, 2016

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. Technology limited to a single product is seldom enough for a business. Don’t get me wrong.

Technical Review 120

Technical Review Intellectual Property Early Stage Global 120

Steve Blank

APRIL 14, 2013

Intellectual property protection is great on paper and “limited” in practice. Eventually, China’s innovation-driven economy needs intellectual property rights and anti-trust laws that are enforced. Their leadership has shown incredible foresight in engineering an amazing economic engine and formidable military.

China 323

China Silicon Valley Non-Compete Intellectual Property 323

Startup Professionals Musings

JANUARY 18, 2016

Remember that investors at this stage have heard primarily from the founder, and only reviewed written business plans and collateral. Due diligence is going the next step, to meet and interview all key members of the team, visit the business location and follow-up with early customers and advisors.

Technical Review 120

Technical Review Due Diligence Cap Table Intellectual Property 120

YoungUpstarts

APRIL 26, 2016

In no small way, the success of your venture will depend on the details of your business plan. It should outline your business goals and how you will achieve them. Also, your business plan should incorporate risk-management tactics and financial projections. Develop a comprehensive marketing plan.

Business Plan 100

Business Plan Intellectual Property Social Media Small Business Administration 100

Steve Blank

JANUARY 30, 2013

Eventually Qualcomm did create a corporate incubator to handle projects beyond the scope of traditional R&D, yet too early to hand-off to existing business unit). I earnestly believe that large corporations should emulate Lean Startups (Business model design, Customer Development and Agile Engineering.) Lessons Learned.

Programming 265

Programming Technical Review Incubator Intellectual Property 265

Steve Blank

JULY 28, 2011

Silicon Valley was born in an era of applied experimentation driven by scientists and engineers. From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory – income statements, balance sheets, business plans, revenue models, 5-year forecasts, etc.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Steve Blank

APRIL 14, 2013

Intellectual property protection is great on paper and “limited” in practice. Eventually, China’s innovation-driven economy needs intellectual property rights and anti-trust laws that are enforced. Their leadership has shown incredible foresight in engineering an amazing economic engine and formidable military.

China 215

China Silicon Valley Non-Compete Intellectual Property 215

Steve Blank

JANUARY 28, 2014

And I’m in good company – also in the series is Noam Wasserman of Harvard teaching Founder’s Dilemmas , Craig Wortmann University of Chicago covering Entrepreneurial Selling , Peter McDermott helping understand Intellectual Property , and Nathan Gold offering how to give Powerful Presentations.

Founder 327

Founder Intellectual Property Lean Customer Development 327

www.inc.com

OCTOBER 23, 2010

The focus of a CTO, a position akin to and occasionally still referred to as "vice president of engineering," is typically to develop and implement new technologies. In a start-up context, bands are formed sometimes by happenstance, and my head of engineering absolutely acts as the CTO," Teree says. "We 500|5000 The 2010 Inc.

Fractional CTO 42

Fractional CTO CTO CTO Hire Hiring 42

www.reincubate.com

FEBRUARY 1, 2010

Start-ups often hire at one extreme -- closer to a Lead Developer or VP of Engineering -- whereas corporates may focus on their CIO, which is potentially quite a different role. We think the most important principle is that the CTO is the go-to point for all technology in the business. Firstly, theres no one-size-fits-all description.

Fractional CTO 40

Fractional CTO CTO Technical Review CTO Hire 40

Startup Professionals Musings

MARCH 2, 2013

This business suffers from what Paul Graham calls the ‘chicken and the egg problem‘ – no one wants to use a dating site with only a few users. Intellectual property is tough. Sophisticated search engines. How about the next generation search engine, answering the question, “Who is my ultimate soul mate?”

Intellectual Property 215

Intellectual Property Social Network Matching Viral 215

Startup Professionals Musings

SEPTEMBER 14, 2015

Create a business plan online, but don’t wait for funding. Too many entrepreneurs still think plans are for investors, and investors are required to build a startup. You need a simple plan to set real milestones, and you don’t need investors. Create and register intellectual property online. Both are wrong.

Intellectual Property 120

Intellectual Property LLC Social Media China 120

Startup Professionals Musings

MAY 26, 2011

This business suffers from what Paul Graham calls the ‘chicken and the egg problem‘ – no one wants to use a dating site with only a few users. Intellectual property is tough. Sophisticated search engines. How about the next generation search engine, answering the question, “Who is my ultimate soul mate?”

Intellectual Property 229

Intellectual Property Social Network Matching Viral 229

Startup Professionals Musings

JULY 24, 2010

< Business plan creation. Every university has educational courses and can provide assistance on creating your initial plan. Most universities have some sort of an entrepreneurship legal clinic, to address concerns like protection of intellectual property. Finding a team.

Phoenix 235

Phoenix Intellectual Property Arizona Incubator 235

Business Plan Blog

SEPTEMBER 10, 2013

What makes an idea compelling to an investor is 2 fold: 1) does the idea offer a solution to a big problem or opportunity, and 2) is the idea protected via intellectual property or some other barrier to entry. However, the reality is that very few start-ups present an idea that is actually unique. Technology.

Intellectual Property 53

Intellectual Property Venture Capital Equity Business Plan 53

www.vccafe.com

MARCH 11, 2013

Firebase : Are all your developers front-end engineers? Google Custom Search Engine. Google App Engine. Search Engine Optimization Tools. Google App Engine â?? hire low-cost international engineering talent. outsourcing for small business. Check them out. No need for back end! Very responsive.

Software Review 53

Software Review Technical Review Startup 53

YoungUpstarts

MAY 14, 2018

A desired deal is one that is engineered specifically with the big picture in mind. Begin by shaping your acquisition plans out of a long-term growth strategy and align the terms with what’s required to successfully integrate the target company. Structuring the Desired Deal. Obtaining the Funding.

Acquisition 124

Acquisition Finance Raleigh Mezzanine 124

Startup Professionals Musings

APRIL 25, 2010

So please don’t send me any more business plans along these lines, looking for investor funding, with no marketing budget, and promising huge returns. This business suffers from what Paul Graham calls the ‘chicken and the egg problem‘ – no one wants to use a dating site with only a few users. Intellectual property is tough.

Intellectual Property 124

Intellectual Property Social Network Matching Viral 124

Steve Blank

MARCH 11, 2010

One of the classes I teach in the engineering school at Stanford is E145: the Fundamentals of Technology Entrepreneurship , an introduction to building a scalable startup. Students formed 5-person teams, came up with a business idea then got out of the building to validate their business model. What is a business model?

Intellectual Property 226

Intellectual Property Business Model Customer Development Distribution 226

Up and Running

OCTOBER 14, 2015

Are there greater opportunities for higher rankings in the search engines, or is the design of your website helping or hindering you? ( It may help to plan what your business requirements are first before finding which countries best suit your needs, rather than selecting your choice of location first. Use your business plan.

Global 60

Global Intellectual Property IP Cyprus 60

rapidrollout.wordpress.com

JANUARY 15, 2011

Why Use a Consulting CTO A consulting CTO can help you complete a business plan by estimating costs and timelines for the company’s technology development and deployment. The best ones know enough about Internet marketing (and search engine optimization) that they’ll be visible if they are looking for new projects.

Fractional CTO 40

Fractional CTO CTO CTO Hire Fractional VPE 40

rob.by

MARCH 8, 2012

He argued that software engineers don’t finish what they start, and that you’re better off paying a technical person than partnering with one. He picked engineers who were technically-driven but not entrepreneurially-driven. He picked engineers who weren’t comfortable taking risks as great as he wanted to take.

Technical Cofounder 42

Technical Cofounder Cofounder Software Engineering Fractional CTO 42

ReadWriteStart

AUGUST 1, 2011

Silicon Valley was born in an era of applied experimentation driven by scientists and engineers. From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory - income statements, balance sheets, business plans, revenue models - seems like another planet.

Silicon Valley 118

Silicon Valley Intellectual Property Balance Sheet Lean 118

David Teten

DECEMBER 3, 2019

Lean Case provides standard business models & metrics, so you can apply a standard approach to business planning, modeling, and profitability tracking. ff Venture Capital hired two full-time engineers to build out Totem. Similarly, Corsis uses benchmarking data to understand technology spend patterns.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

steveblank.com

JULY 8, 2011

Reply You don’t need a business plan yet: 7 ideas for Customer Development « Information Maven: Greg Meyer , on May 22, 2011 at 7:37 am said: [.] further along in the information you’ll need to build your business plan. Steve Blank lists some great tools for startups that will help you in this [.]

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Berkonomics

MARCH 30, 2012

Sara focuses upon another side of small business financing not typically considered in the angel and venture world, financing from sources for companies that will probably never be attractive to those niches. . Your business plan is ready. So, you’ve been thinking about starting your own firm for the past ten years.

Intellectual Property 76

Intellectual Property Entrepreneur Small Business Administration SBA 76

Steve Blank

JUNE 8, 2009

Customer Development by Vertical - Click to Enlarge (As a reminder, the Customer Development process says your business plan is just a series of untested hypothesis (unless you’re a domain expert.) Some of these are questions that would be addressed in a business plan. Others you need to know when you execute the plan.

Vertical 122

Vertical Silicon Valley RSS Marketing 122

The Startup Magazine

SEPTEMBER 20, 2017

Expanding your marketing, administration, and operations can present some serious challenges, however, if you prepare well in advance, then you will have no problem navigating the competitive business climate. Update Your Plan. This first place to start on your quest for business growth is to examine your business plan.

LBO 65

LBO Merger Social Media Startup 65

Hearpreneur

OCTOBER 30, 2015

Prior to crowdSPRING, I was producer and production manager in the film and television industry and Ross was an attorney in private practice specializing in intellectual property. We had a vision of an online platform that would bring together businesses and the best creative talent in the world.

Entrepreneur 48

Entrepreneur Australia Software Review LLC 48

Entrepreneurs-Journey.com by Yaro Starak

SEPTEMBER 8, 2011

The process of choosing which business to start is often done incorrectly and does not factor in the experience level of the younger entrepreneur or lay a foundation for the first-time business owner to grow both personally, professionally and fiscally. As a first time entrepreneur, you are going to want to avoid this at all costs.

B2C 91

B2C B2B Business Model Sales Cycle 91

news.ycombinator.com

SEPTEMBER 16, 2011

His friends at General Electric said he was wasting his time on the gas combustion engine because the world was going electric. -- ErrantX 215 days ago | link. The story of the v-8 engine is a bit different. Think about that, people wont even steal your ideas if you give them the plans. From "Think and Grow Rich".

Stealth 41

Stealth Technical Review Startup Software Review 41

www.paulgraham.com

OCTOBER 23, 2010

You make elaborate plans for a product, hire a team of engineers to develop it (people who do this tend to use the term "engineer" for hackers), and then find after a year that youve spent two milliondollars to develop something no one wants. The other approach is what I call the "Hail Mary" strategy. Well, it doesnt.

Startup 105

Startup Cofounder Software Stock 105

techcrunch.com

FEBRUARY 19, 2010

The businesses, it seems, vastly over-estimate their ability to raise funds. Meanwhile, the VCs surveyed indicated that their firms are only doing a few deals every six months and go through one hundred business plans to close one deal. Google couldn’t become #1 search engine without VC money.

Venture Capital 62

Venture Capital Technical Review Sweat Equity Valuation 62

www.paulgraham.com

APRIL 28, 2010

So while nearly all VC funds have some addressyou can send your business plan to, VCs privately admit the chanceof getting funding by this route is near zero. I suspect VCs accept business plans "over the transom" more as away to keep tabs on industry trends than as a source of deals.

Technical Review 76

Technical Review Startup Software Review Angel Investor 76