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

Steve Blank

As our Lean LaunchPad for Life Sciences class winds down, a good number of the 26 teams are trying to figure out whether they should go forward to turn their class project into a business. Is it a small business that hits $4 million in revenue in four years and $8 million in ten years? see 0:30 in the video below).

Cofounder 325
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Early-stage Regional Venture Funds–part 2 of 3 of Bigger in Bend

Steve Blank

Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. However, four critical advances over the past decade (cloud, accelerators, Lean, and Angels) not only changed the math for tech investing but made regional tech clusters possible. The Bend Experience.

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Fund Raising is a Means Not an End

Steve Blank

The test is: If you add one more sales person or spend more marketing dollars, does your sales revenue go up by more than your expenses? What are revenue strategy and pricing tactics? In a Lean Startup , the goal is to preserve your cash until you find a repeatable and scalable business model. When to raise money.

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Fund Raising is a Means Not an End

Steve Blank

The test is: If you add one more sales person or spend more marketing dollars, does your sales revenue go up by more than your expenses? What are revenue strategy and pricing tactics? In a Lean Startup , the goal is to preserve your cash until you find a repeatable and scalable business model. When to raise money.

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Rocket Science 2: Drinking the Kool-Aid

Steve Blank

You can be an Independent studio or do “work for hire&# (either a revenue share or buy-out model) - If you’re an independent studio you have a set of choices for distribution channel and marketing models. - We understood none of this. More detail in future posts. But I wonder if the success is due to or in spite of VCs.