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No Plan Survives First Contact With Customers – Business Plans versus Business Models

Steve Blank

He and his co-founder were both PhD’s in applied math who believe they can make some serious inroads on next generation search. We thought we’d take our plan and go raise seed money. We can’t raise money knowing our plan is wrong.”. asked the founder who had spent the time crafting the perfect plan. “On

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How to Start a Startup

www.paulgraham.com

And since a startup thatsucceeds ordinarily makes its founders rich, that implies gettingrich is doable too. Googles plan, for example, was simply to create a search site thatdidnt suck. They had three new ideas: index more of the Web, uselinks to rank search results, and have clean, simple web pages withunintrusive keyword-based ads.

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The Series A crunch is hitting now. Have we even noticed?

pandodaily.com

“I wouldn’t expect anyone except seed investors to complain about it,” Graham says. “Founders don’t think their problems are due to trends. And in fact, overall trends are a second-order effect for founders.” Sarah Lacy is the founder and editor-in-chief of PandoDaily. Pando Daily.

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From Nothing To Something. How To Get There.

techcrunch.com

One of the things I do as a founder of a later stage startup is to meet with early stage entrepreneurs to help them get their companies going. In later posts I’m going to get into more detail on specific topics like hiring, raising money, what types of ideas have the potential to get big, finding your founders, and the like.

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Busted or Confirmed? 3 Common Myths About Starting A Business

crowdSPRING Blog

The researchers found that in return, this ability caused entrepreneurs to disrupt common patterns in daily life, attracted more customers and created more revenue, causing a cycle of nuanced disruption and adaptation. Businesses do require some capital, but this doesn’t mean that every startup has to raise millions of dollars in seed money.