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How Do You Want to Spend Your Next 4 Years of Your Life?

Steve Blank

I pointed out that the “data” you gather in 10 weeks (talking to 100+ customers, partners, payers, etc.,) Now that you’ve gotten to know your potential channel and customers, regardless of how much money you’re going to make, will you enjoy working with these customers for the next 3 or 4 years? ——– 1.

Cofounder 328
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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Success depends on finding startups that have identified acute customer pains in large markets where conditions are ripe for a new entrant. as a distribution channel have vastly reduced the amount of capital a startup needs at the early stage when the risk is greatest. Part 3: Engineering a Regional Tech Cluster. ——-.

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Why Pitching Your Product Is Not Enough For Investors

Startup Professionals Musings

Unfortunately, customers look for value in solving their problem, and new technologies alone scare them, so these solutions don’t get bought by customers, or funded. Attracting business investors is as tough as attracting customers, but it’s a different challenge. Customized marketing strategy and realistic sales plans. “If

Product 145
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Fund Raising is a Means Not an End

Steve Blank

. • Repeatable: Startups may get orders that come from board members’ customer relationships or heroic, single-shot efforts of the CEO. Does our product or service solve a customer problem (product-market fit)? How do we attract, keep and grow customers? These are great, but they are not repeatable by a sales organization.

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These 10 Key Elements Make a Business Plan Fundable

Startup Professionals Musings

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Solution and benefits. Focus is the keyword here.

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What Is a Venture Capital Firm?

Women Entrepreneurs Can

They can also help you develop your product and sales channels. Investors receive a healthy return on investment when the company reaches a liquidity event. You should also present your company’s progress data and demonstrate customer interest. They may also provide a mentorship network.

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Investors Expect Ten Essentials in a Business Plan

Startup Professionals Musings

Terms like “every customer needs this” and “next generation platform” are far too soft, and should be avoided. This is not the place for a detailed product specification, but an explanation of how and why it works, including a customer-centric quantification of the benefits. Solution and benefits. Focus is the keyword here.