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

Steve Blank

SEPTEMBER 5, 2018

As a reminder, the Dot Com bubble was a five-year period from August 1995 (the Netscape IPO ) when there was a massive wave of experiments on the then-new internet, in commerce, entertainment, nascent social media, and search. Yet while we had plenty of language and tools for execution, we had none for search.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

FEBRUARY 24, 2019

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. In a business plan these are only one of the many marketing campaigns which continue to rise in cost. Seed viral activity. That’s a double death wish.

Viral 268

Viral Marketing SEM Campaign 268

Startup Professionals Musings

JANUARY 27, 2021

Your pitch and business plan are important. Perhaps you can get money from friends and crowdfunding with no plan, but angels look for the extra discipline and effort demonstrated in a written plan. Make sure these cover your business model and exit strategy, so the angels see how both of you will make a reasonable return.

Search 317

Search Accredited Investor Angel Investor Venture Capital 317

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. Evolving your business is surely among your main objectives, and the most efficient way of achieving this is by focusing on digital marketing strategies. Digital marketing. Web development.

Startup 109

Startup Australia Web Development Forecast 109

Steve Blank

FEBRUARY 23, 2013

First, he says, the focus of an established firm is to execute an existing business model — to make sure it operates efficiently and satisfies customers. In contrast, the main job of a start-up is to search for a workable business model, to find the right match between customer needs and what the company can profitably offer.

Business Model 332

Business Model Technical Review Business Plan Search 332

ReadWriteStart

SEPTEMBER 9, 2022

Optimizing your site for search engines can attract more visitors and improve your chances of conversion. Find out what people are searching for before deciding on your keywords. It’s also a good idea to write articles with solid titles and descriptions, as search engines will pick them up. Research Keywords: .

B2B 131

B2B Developer Technical Review Business Model 131

Steve Blank

FEBRUARY 23, 2013

First, he says, the focus of an established firm is to execute an existing business model — to make sure it operates efficiently and satisfies customers. In contrast, the main job of a start-up is to search for a workable business model, to find the right match between customer needs and what the company can profitably offer.

Business Model 224

Business Model Business Plan Technical Review Search 224

Startup Professionals Musings

MAY 6, 2023

They don’t realize that business projections with no third-party validation have no credibility with investors, and smart potential investors will walk away. Every good business plan needs an early section which sizes the total market opportunity, and then breaks down that total into the most relevant segments for your focus.

SBA 300

SBA Venture Capital Business Plan Social Media 300

Startup Professionals Musings

NOVEMBER 27, 2011

See how many of the following “new” Internet concepts you recognize, and can explain in terms of value to your business. If you have heard the lingo, but most of these are not in your startup business plan, you are already in jeopardy as an entrepreneur: Blogging. Do you have a business presence there? Streaming video.

Internet 239

Internet SEM Wiki Viral 239

Up and Running

OCTOBER 30, 2020

Their referral marketing strategy contributed to 13% of all revenue, and their referral program generated a 2,600% ROI. This includes creating great content, analyzing competitors, review search volume, and focus on technical SEO components such as site speed and backlinks. Take the company iWader as an example.

eCommerce 152

eCommerce Sales Software Review Canada 152

Up and Running

MAY 10, 2021

Your app may cost you money, but the revenue it generates may justify the budget. You can start by researching your competitors to gain an understanding of cost structure, revenue generation, and the business model for your app. What has your revenue been for the last 1-3 years? 1-2 months?

Artificial Inteligence 150

Artificial Inteligence Developer Development Team Review United Kingdom 150

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. In a business plan these are only one of the many marketing campaigns which continue to rise in cost. Seed viral activity. That’s a double death wish.

Campaign 167

Campaign Cost Viral Marketing 167

Steve Blank

SEPTEMBER 22, 2011

Use Ads, textlinks or Google AdWords , Facebook ads and natural search to drive people to your Minimally Viable web site. Emphasis should be on the discovery done for that weeks assigned canvas component (channel, customer, revenue model) but include other things you learned about the business model. Incorporate the company.

Lean 333

Lean Web Coder Business Model 333

YoungUpstarts

JANUARY 10, 2019

Soak up as much as you possibly can, write everything down and use it when needed during the small business launching process. Develop a Top-Notch Business Plan. Once you research and learn as much as you can, it’s time to take all that knowledge and put it into some sort of plan. Establish Your Business Entity.

Limited Liability Company 138

Limited Liability Company Small Business Hiring Business Plan 138

Board Effect

JANUARY 20, 2020

Large donors will almost always ask nonprofits for a copy of their business plan because they want to know what nonprofits are doing and how they plan to accomplish their goals. The business plan outlines who you are, what you do, where you do it and how your organization makes a positive impact. Marketing Plan.

Business Plan 59

Business Plan Balance Sheet Programming Government 59

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. In a business plan these are called marketing campaigns, which continue to rise in cost. Seed viral activity. That’s a double death wish.

Viral 249

Viral Marketing Entrepreneur SEM 249

Startup Professionals Musings

JUNE 25, 2012

The advantage is no time and effort searching and preparing for the other alternatives, and you don’t have to encumber yourself or give up control of your company. Just don’t quit your day job before your new company is producing revenue. Self-funding is the preferred source of cash for your startup – if you can do it.

Technical Review 257

Technical Review Bootstrapping Venture Capital Incubator 257

Steve Blank

MARCH 26, 2019

It’s hard to imagine, but only a decade ago, the capstone entrepreneurship class in most universities was how to write – or pitch- a business plan. In my experience, I saw that most business plans don’t survive first contact with customers. As a serial entrepreneur turned educator, this didn’t make sense to me.

Lean 248

Lean Business Model Balance Sheet Video 248

Steve Blank

APRIL 8, 2010

He and his co-founder were both PhD’s in applied math who believe they can make some serious inroads on next generation search. He said, “After we graduated we took our great idea, holed up in my apartment and spent months researching and writing a business plan. We even entered it in the business plan competition.

Business Model 328

Business Model Business Plan Customer Cap Table 328

Up and Running

JUNE 25, 2020

If your sales have recently hit a plateau, check out these 10 proven methods to continue growing your business. You went through the process of identifying a target market when developing your business plan. But now you have an active customer base that you need to engage with and in the process improve your business.

Small Business 180

Small Business Hosting Social Media Community 180

Up and Running

AUGUST 25, 2021

Once you have a few ideas jotted down, perform a thorough search to see if anyone is offering a product that does exactly what you wished for at that moment. Essentially, this means searching Google for possible keywords for your product or service. You’ll also want to spend some time doing an SEO competitor analysis.

B2B 118

B2B Audience Software Review B2C 118

ConversionXL

JUNE 16, 2022

Stacked Marketer turned a free newsletter into a six-figure revenue generator by staying actionable, convenient, and entertaining. A copywriter looking to see how to write email subject lines for holiday campaigns will likely look at headings, searching for the most relevant information to their task. Business highlights.

Campaign 149

Campaign CTO Marketing Social Media 149

Startup Professionals Musings

JUNE 5, 2021

In startup business plans, a bubble is too many entrepreneurs and too many investors chasing the latest “next big thing,” like Google search engine, Facebook social network, or Amazon e-commerce site. The focus should always be on execution, revenue, and profits. Overconfidence.

Demand 362

Demand Government Venture Capital Valuation 362

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. In a business plan these are called marketing campaigns, which continue to rise in cost. Seed viral activity. That’s a double death wish.

Viral 238

Viral Cost Marketing SEM 238

Steve Blank

NOVEMBER 2, 2009

Sales people cost money, and when they’re not bringing in revenue, their wandering in the woods is time consuming, cash-draining and demoralizing. Marketing demand creation programs (Search Engine Marketing, Public Relations, Advertising, Lead Generation, Trade Shows, etc.) Lets see why. Something else? Who’s the customer?

Lean 244

Lean Silicon Valley Startup RSS 244

Up and Running

SEPTEMBER 29, 2022

Just be sure that you have a backup plan if your business idea fails to gain traction. This could be something simple like being prepared to seek out short-term employment or reexamining your business structure and trying again. Prepare a business plan. Recommended Reading: How to Write a Business Plan in 7 Steps.

Forecast 154

Forecast Software Review Bootstrapping Finance 154

YoungUpstarts

OCTOBER 9, 2020

Look at branded, and non-branded search traffic, and understand what’s driving people to a competitor’s site, and what’s driving them to your site. She helps technology companies accelerate growth by building and executing strategic marketing programs while driving sales and marketing alignment to deliver breakthrough revenue.

Developer 214

Developer San Francisco Technical Review Sales 214

Startup Professionals Musings

MARCH 16, 2011

The advantage is no time and effort searching and preparing for the other alternatives, and you don’t have to encumber yourself or give up control of your company. Just don’t quit your day job before your new company is producing revenue. Self-funding is the preferred source of cash for your startup – if you can do it.

Technical Review 233

Technical Review Bootstrapping Startup Venture Capital 233

YoungUpstarts

MAY 6, 2019

Now you are coming up with some tentative plans around your startup. In this stage, you will also search the market to check if your idea is viable. Business plan. What is your business going to be? Finally, you have a product, a business plan, and a marketing strategy. Market Research.

Startup 113

Startup Technical Cofounder Merger Early Stage 113

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. In a business plan these are called marketing campaigns, which continue to rise in cost. Seed viral activity. That’s a double death wish.

Viral 225

Viral Marketing SEM Startup 225

The Startup Magazine

JUNE 6, 2021

Then, think about whether you want to just own a business or you’re looking for something that you can dedicate yourself to and actively work on. Come up with a list of things you’re passionate about and use a tool like Keywords Everywhere to see what shows up in the Google search results. Come Up with a Business Plan.

Social Media 173

Social Media Audience Affiliate Startup 173

Up and Running

AUGUST 12, 2015

Recently, Palo Alto Software CEO Sabrina Parsons hosted a webinar for our Bcast members on how to use LivePlan to create a better business plan, pitch your idea to investors, and track your business. As a successful small business owner, Sabrina wanted to show off how LivePlan’s many features can help boost your business.

Forecast 60

Forecast Video Business Plan United States 60

Hearpreneur

SEPTEMBER 25, 2022

In five years, I envisage my business becoming one of the most reputable tech platforms that use high-end AI-powered resources in collaboration with institutional records to provide authentic information about people. Maintaining that growth would result in a 200% revenue increase. This is my vision for the next 5-year business plan.

Forecast 129

Forecast Artificial Inteligence Entrepreneur Technical Review 129

Steve Blank

MAY 9, 2017

Everything a large company did, a startup should do – write a business plan; hire sales, marketing, engineering; spec all the product features on day one and build everything for a big first customer ship. Not kind of wrong but going out of business wrong. We now understand that’s wrong. Great pipeline means no real sales.).

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

Steve Blank

MARCH 8, 2011

We were positing that 20 years of teaching “how to write a business plan” might be obsolete. Startups, are not about executing a plan where the product, customers, channel are known. Startups are in fact only temporary organizations, organized to search –not execute–for a scalable and repeatable business model.

Lean 298

Lean Business Model Customer Development Guinea 298

The Startup Magazine

OCTOBER 18, 2023

This research will be your compass, guiding you towards identifying market gaps that your business can strategically fill, and assisting you in determining your precise target audience. Moreover, create a detailed business plan that meticulously outlines your business goals, financial projections, marketing strategies, and operational plans.

Australia 132

Australia Demand Framework Operations 132