Remove Channel Remove IRR Remove Revenue Remove Search
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ESADE Business School Commencement Speech

Steve Blank

Today’s workforce has radically different expectations, brands are losing their power, physical channels are being destroyed by virtual ones, market share is less important than market creation, and software is eating world. Companies horde cash and squeeze the most revenue and margin from the money they use. Act Like a Startup.

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Why Companies are Not Startups

Steve Blank

The Enterprise: Business Model Execution We know that a startup is a temporary organization designed to search for a repeatable and scalable business model. It describes the product/service, who is it for, what channel sells/deliver it, how demand is created, how does the company make money, etc. The question is – why?

IRR 335
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Fund Raising is a Means Not an End

Steve Blank

Sigh… What I should have been hearing is the search for the business model, specifically the progress on product/market fit, but I hear the fund raising story first at least 90% of the time. Just as a reminder, a startup is a temporary organization designed to search for a repeatable and scalable business model. What’s a Startup?

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Fund Raising is a Means Not an End

Steve Blank

Sigh… What I should have been hearing is the search for the business model, specifically the progress on product/market fit, but I hear the fund raising story first at least 90% of the time. Just as a reminder, a startup is a temporary organization designed to search for a repeatable and scalable business model. What’s a Startup?