Startup Professionals Musings

JUNE 14, 2013

On a regular basis, I am approached by entrepreneurs who assert that business plans are a waste of time. They cite sources like a recent BusinessWeek story, “ Real Entrepreneurs Don’t Write Business Plans ” and this NY Times article. With bootstrapping, no business plan is expected by anyone.

Business Plan 250

Business Plan Technical Review Entrepreneur Angel Investor 250

Steve Blank

MAY 17, 2010

Last week one of the schools I teach at invited me to judge a business plan contest. I suggested that they first might want to read my post on why business plans are a poor planning and execution tool for startups. At best I think business plan competitions are a waste of time.

Business Plan 312

Business Plan Business Model Customer Development Deal Flow 312

Up and Running

NOVEMBER 6, 2020

Writing a business plan is an important step for any entrepreneur. But, if you’re starting a SaaS busines s, the business plan plays an outsized role because the money required to fuel growth can be much more than you would guess. marketing) and the financial plan. . Customer acquisition plan.

Business Plan 87

Business Plan Forecast Churn Rate Acquisition 87

ConversionXL

JUNE 16, 2022

Consistency is the cornerstone of good marketing. Stacked Marketer turned a free newsletter into a six-figure revenue generator by staying actionable, convenient, and entertaining. A marketing playbook helps you achieve brand consistency across channels and campaigns. A marketing playbook gets everyone on the same page.

Campaign 149

Campaign CTO Marketing Social Media 149

Steve Blank

MARCH 3, 2015

Berkeley Haas Business School is a leader in entrepreneurship education. It has replaced how to write a business plan with hands-on Lean Startup methods. The final deliverable for that class was a 30-page business plan. We had multiple business plan competitions. Today the U.C.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

Startup Professionals Musings

FEBRUARY 25, 2017

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. First of all, Seth Godin pointed out a long time ago that viral marketing does not equal word-of-mouth. Seed viral activity.

Campaign 167

Campaign Cost Viral Marketing 167

Up and Running

AUGUST 8, 2018

This article, which originally appeared on our LivePlan Blog , is part of our “Business Planning Guide” —a curated list of our articles that will help you with the planning process! For us, business planning isn’t just a one-time or annual event. Instead, they are about adjusting the plan. They’re right.

Software Review 65

Software Review Business Plan Product Forecast 65

Startup Professionals Musings

APRIL 16, 2023

Contrary to popular opinion, viral marketing has not eliminated the need for old-fashioned lead generation to bring customers to a startup. His professional background includes having held marketing-executive roles at big companies as well as startups. Email marketing. Direct mail marketing. Social-media advertising.

Lead Generation 285

Lead Generation SEM Viral Marketing 285

Startup Professionals Musings

AUGUST 11, 2013

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. First of all, Seth Godin pointed out a few years ago that viral marketing does not equal word-of-mouth. Seed viral activity.

Viral 249

Viral Marketing Entrepreneur SEM 249

Up and Running

JANUARY 22, 2020

cannabis market projected to skyrocket from $600 million to $22 billion by 2022 , there is no better time than now to master your cannabis marketing strategy. There are major marketing roadblocks when using popular paid advertising mediums because of the legal grey area surrounding the U.S. Word-of-Mouth Marketing.

SMS 101

SMS Marketing Affiliate Social Media 101

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. It’s all about making your business life easier, doing what works best, getting the best results by tracking what works and always improving.

Lean 60

Lean Business Plan Video Software Review 60

YoungUpstarts

SEPTEMBER 15, 2020

A great business plan can help you anticipate important issues and possible challenges before you start your business. In fact, studies show that entrepreneurs who take the time to write a business plan are 2.5 times more likely to follow through and get their business off the ground. Thoroughly.

Business Plan 147

Business Plan Balance Sheet Non-Compete Forecast 147

Startup Professionals Musings

JULY 13, 2012

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. First of all, Seth Godin pointed out a few years ago that viral marketing does not equal word-of-mouth. Seed viral activity.

Viral 238

Viral Cost Marketing SEM 238

Startup Professionals Musings

JULY 20, 2020

Contrary to popular opinion, viral marketing has not eliminated the need for old-fashioned lead generation to bring customers to a startup. His professional background includes having held marketing-executive roles at big companies as well as startups. Email marketing. Direct mail marketing. Social-media advertising.

Lead Generation 365

Lead Generation Customer SEM Marketing 365

Up and Running

MAY 3, 2021

In this piece, we look at how you can start growing your SEO business, from business plans to lead generation. What is an SEO business? As the name suggests, an SEO business is a company or agency that performs SEO services for and on behalf of a brand. How to write an SEO business plan that outlines your goals.

SEO 147

SEO Vertical Metadata Forecast 147

Steve Blank

MARCH 5, 2012

One of the confusing things to entrepreneurs, investors and educators is the relationship between customer development and business model design and business planning and execution. When does a new venture focus on customer development and business models ? And when do business planning and execution come into play?

Search 320

Search Business Model Customer Development Agile 320

Startup Professionals Musings

MARCH 21, 2011

Every time I challenge a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. First of all, Seth Godin pointed out a couple of years ago that viral marketing does not equal word-of-mouth. Seed viral activity.

Viral 225

Viral Marketing SEM Startup 225

The Startup Magazine

JANUARY 27, 2022

By writing a good business plan, you can transition into business strategy and reach your goals in a clearer and more organized way. Digital marketing. Evolving your business is surely among your main objectives, and the most efficient way of achieving this is by focusing on digital marketing strategies.

Startup 109

Startup Australia Web Development Forecast 109

Startup Professionals Musings

OCTOBER 20, 2021

As I “grew up” in business in big companies, including IBM, I always wondered why the real innovations seemed to come from startups, while we had more resources and more experience. We didn’t notice as technology advances had opened a whole new market. Don’t make innovation a function of the business plan.

Marketing 293

Marketing Incubator Business Plan Finance 293

ReadWriteStart

SEPTEMBER 9, 2022

The internet and technology have taken over businesses and marketing strategies, so it’s logical that any b2b company would want to capitalize on this medium to stay competitive in the market. . The B2B wholesale market has seen significant growth over the last few years, with a huge opportunity to be tapped into.

B2B 131

B2B Developer Technical Review Business Model 131

Startup Professionals Musings

JULY 24, 2022

Real innovation in the business world is still rare. As I’ve said before, everyone talks about innovation, but the majority of new business plans I see still reflect linear thinking – one more social network with more features, another smartphone app for marketing, or one more platform for faster e-commerce.

Marketing 313

Marketing Dilution Social Network Government 313

Steve Blank

APRIL 23, 2014

Is the Potential Acquisition Searching or Executing? 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.

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

Up and Running

JULY 29, 2019

Finish your business plan. If you haven’t already written a business plan , start now. We recommend using a Lean Planning approach. You need a business plan for a few reasons: To help you estimate how much money you need. Search your contacts. Use web search.

Angel Investor 119

Angel Investor Venture Capital Technical Review Software Review 119

crowdSPRING Blog

JULY 28, 2020

Many entrepreneurs and business owners make mistakes when they rush to start a business before considering important details. A great business plan can help you anticipate important issues and possible challenges before you start your business. Here are 10 tips to help you write a great business plan.

Business Plan 126

Business Plan Viral Email Search 126

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim. IPOs dried up.

Lean 335

Lean Burn Rate Startup IPO 335

Up and Running

JULY 3, 2017

Maybe you feel like coming up with a new business idea is very difficult, or you might have so many business ideas, you don’t know what to do with them. Either way, before you invest a dime into the first idea that pops into your head, take a step back and evaluate the practicality of your idea in the market.

Marketing 111

Marketing Montana Small Business Finance 111

Startup Professionals Musings

MAY 6, 2023

Many entrepreneurs are so enamored with their product vision that they believe their own hype and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. In most cases, these are available to the public for free access, and can be referenced and footnoted in your plan.

SBA 300

SBA Venture Capital Business Plan Social Media 300

Up and Running

MAY 12, 2020

It’s important to make sure that what you are planning will work with your at-home circumstances long-term. Conduct market research. Once you’ve determined that you’re ready and able to start a home-based business, you’ll need to conduct market research to see if your idea is viable. Develop a Business Plan.

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

Steve Blank

JUNE 28, 2014

If you can’t see the video click here Filed under: 2 Minute Lessons , Business Model versus Business Plan , Customer Development , Lean LaunchPad , Teaching. 2 Minute Lessons Business Model versus Business Plan Customer Development Lean LaunchPad Teaching'

Customer 313

Customer Search Lean Business Model 313

YoungUpstarts

JUNE 18, 2020

Starting a company requires significant investment, so you must take steps to drive growth and achieve your long-term business goals. Marketing should be a key component of any business plan. Effective marketing campaigns will help you build brand awareness, increase sales, and boost your bottom line.

Marketing 195

Marketing Social Media Startup PPC 195

Steve Blank

JANUARY 27, 2011

We’ve been teaching that the difference between a startup and an existing company is that existing companies execute business models, while startups search for a business model. (Or Or more accurately, startups are a temporary organization designed to search for a scalable and repeatable business model.)

Business Model 275

Business Model Utah Intellectual Property Agile 275

Startup Professionals Musings

MARCH 26, 2010

Every time I see a business plan with little or no budget for marketing, I get the answer that they will be using “viral” marketing, which costs nothing. First of all, Seth Godin pointed out a couple of years ago that viral marketing does not equal word-of-mouth. Seed viral activity.

Viral 141

Viral Cost Marketing SEM 141

Up and Running

OCTOBER 30, 2020

But what if I told you there’s a way to find the best eCommerce marketing strategies for your business? Well, I reached out to some of the best eCommerce marketing platforms around to get answers straight from the experts and condensed them down into 5 useful tips. Let’s get started! Take the company iWader as an example.

eCommerce 152

eCommerce Sales Software Review Canada 152

Steve Blank

JUNE 26, 2014

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.

Intellectual Property 281

Intellectual Property Lean IP Open Source 281

YoungUpstarts

SEPTEMBER 6, 2018

With a bit of due diligence, how to develop a successful marketing plan for a startup and rules to ensure your endeavor grows and becomes successful. Here are the top nine startup tips to adhere to in order to keep your startup or small business from becoming a failure statistic. You still need a plan though.

Technical Review 182

Technical Review Due Diligence Startup Demand 182

Startup Professionals Musings

SEPTEMBER 15, 2018

Many entrepreneurs are so enamored with their product vision that they believe their own hype, and are convinced that the market for their solution is so huge that no one will ask them for independent market research data. Browse the business section of your favorite bookstore. Conduct your own customized market research.

Marketing 219

Marketing SBA Venture Capital Business Plan 219

The Startup Magazine

JUNE 17, 2021

Accomplished entrepreneurs often pride themselves on being able to spot a gap in the market from a mile away. Suppose you happen to be the owner of an online business and would like to nurture your entrepreneurial skillset. If they are not properly utilized or cared for , you might not be able to optimize your working day.

Analytics 174

Analytics Technical Review Social Media Software Review 174