Steve Blank

JUNE 26, 2014

Next we teach Distribution Channels (how are you going to sell the product) and Customer Relationships (how do you Get/Keep/Grow customers) and Revenue Streams (what’s the Revenue Model strategy and pricing tactics.) Finally we move to the left side of the canvas to teach the supporting elements of Resources, Partners, Activities and Costs.

Intellectual Property 281

Intellectual Property Lean IP Open Source 281

Startup Professionals Musings

JANUARY 20, 2016

This alternative has been around for several decades, with the generally accepted advantage of reducing costs. Saving cost won’t help you if you can’t make the daily innovations required to stay competitive. Keep intellectual property keys in-house. Factor in all the cost elements.

Intellectual Property 120

Intellectual Property Non-disclosure Agreement Software Review Technical Review 120

Steve Blank

SEPTEMBER 16, 2014

Or if you’re building consumer electronics the key activities might be: low cost hardware design, high volume manufacturing, user interface design, consumer branding and retail distribution. Therefore the ideal medical device team might be a physician; engineer; operator; business development/financial analyst.

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

Startup Professionals Musings

NOVEMBER 4, 2019

I love good causes and social entrepreneurs, but a recent pitch to me about eliminating world hunger with a new product (harvesting algae at low cost) seemed to forget that really hungry people don’t have any money. Even a non-profit needs income to operate. Build a credible business implementation plan to quantify costs.

Intellectual Property 235

Intellectual Property Elevator Pitch Harvest Technical Review 235

Steve Blank

APRIL 23, 2014

If they decide to buy, large companies can: license/acquire intellectual property. These include the product itself, the customer, the distribution channel, revenue model, how to get, keep and grow customers, resources and activities needed to build the business and costs.). Five Types of Innovation to Buy.

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

Startup Professionals Musings

APRIL 11, 2022

Every business needs revenue to provide investor returns and offset costs. Every entrepreneur needs to know and communicate the total costs associated with their solution or product, including cost of goods sold, customer acquisition costs, capital costs, operational expenses, and partner costs.

Business Model 334

Business Model Intellectual Property Angel Investor Channel 334

Startup Professionals Musings

APRIL 26, 2021

Every business, including non-profits, need a viable source of revenue to cover the costs of operation and sustainability. Show a cost margin of at least fifty percent. Projecting a low cost margin, with a commitment to low overhead and hard work, is not convincing. Identify your intellectual property or “secret sauce.”

Intellectual Property 332

Intellectual Property Angel Investor Business Model Channel 332

Up and Running

SEPTEMBER 19, 2018

Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. With the rise of new cannabis companies, it is important to differentiate your cannabis company from the competition, whether you are opening a farm, extraction operation, or dispensary. Your operations plan. Operations.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Startup Professionals Musings

APRIL 3, 2016

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Viral marketing costs real money, and your support staff and hosting systems cost even more. Bypasses intellectual property as not worth the cost.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

YoungUpstarts

OCTOBER 15, 2017

As the cloud becomes increasingly common and the data deluge shows no signs of slowing down, the good old firewall is simply no longer sufficient for protecting the highly distributed assets of the enterprise. Breaches involving health information, trade secrets, and intellectual property can be devastating for the affected brand.

Security 140

Security Software Review Technical Review API 140

Startup Professionals Musings

APRIL 1, 2015

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Viral marketing costs real money, and your support staff and hosting systems cost even more. Bypasses intellectual property as not worth the cost.

Intellectual Property 120

Intellectual Property Angel Investor Viral Distribution 120

Up and Running

NOVEMBER 12, 2018

Operations. Now, you’ll describe your marketing strategies, sales plans, operations information, milestones, your team and company basics, and your financial plan. With the total cost of each box in hand, calculate a price with at least a 40 percent profit margin, as suggested by CrateJoy. Operations. Company overview.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Startup Professionals Musings

JULY 13, 2019

Every business needs revenue to provide investor returns and offset costs. Every entrepreneur needs to know and communicate the total costs associated with their solution or product, including cost of goods sold, customer acquisition costs, capital costs, operational expenses, and partner costs.

Intellectual Property 250

Intellectual Property Business Model Angel Investor Channel 250

Steve Blank

MARCH 31, 2014

In fact, it was only 7 years ago that Apple shipped its first iPhone and Google introduced its Android operating system. For example they can reduce component cost, introduce a line extension or create new versions of the existing product. Think about this; 7 years ago Nokia owned 50% of the handset market. Apple owned 0%.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

Up and Running

OCTOBER 1, 2015

Sure, you can get up to speed eventually, perhaps by hiring the right people, or doing the training, but at what cost? In this way, your combined strength will give you a competitive advantage, leading to lower costs of production, minimized risk, and greater profits. For your joint venture to operate, you will need to employ workers.

Intellectual Property 60

Intellectual Property Technical Review Exit Strategy Due Diligence 60

Up and Running

OCTOBER 13, 2014

Decision-makers at larger companies often have a “don’t rock the boat mentality” because of fear of making a mistake that could cost the company a lot of money and as a consequence cause them to lose status within the company or even their position. Managing a Business Operations Strategy'

Intellectual Property 106

Intellectual Property Philadelphia Small Business California 106

Up and Running

MAY 1, 2014

Intellectual Property : Again, this mostly applies to technology and scientific ventures. But, if you have intellectual property that is proprietary to your business and helps your business defend itself against competitors, you should detail that information here. Distribution. Retail Distribution.

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

Women Entrepreneurs Can

FEBRUARY 16, 2023

This innovation is a radical advancement in the way businesses operate. For example, it can be applied to data and intellectual property ownership. Using cryptography, a distributed blockchain informs all participants that an asset has changed ownership. It is one of the ventures that Mohamed Soltan is interested in.

Intellectual Property 52

Intellectual Property Security Advertising Campaign 52

Startup Professionals Musings

JULY 9, 2017

Every business needs revenue to provide investor returns and offset costs. Every entrepreneur needs to know and communicate the total costs associated with their solution or product, including cost of goods sold, customer acquisition costs, capital costs, operational expenses, and partner costs.

Business Model 143

Business Model Intellectual Property Startup Angel Investor 143

Up and Running

FEBRUARY 17, 2016

For Dan Hughes, Director of Operations at startup brewery ColdFire Brewing, he and his brother have been hard at work on business development and recipe formulation, navigating bureaucracy, and enduring the inevitable delays that come with brewery construction, equipment delivery, and regulatory approval. But they all take so much time.

Oregon 60

Oregon Jordan SBA Cofounder 60

Startup Professionals Musings

APRIL 28, 2013

Even in an open space, you need intellectual property, like patents, to keep potential competitors from overrunning you. The selection of an inappropriate pricing, marketing, or distribution strategy is a large potential risk. Operational risk. Think seriously about the number and clout of your competitors.

Intellectual Property 261

Intellectual Property Mexico Startup China 261

ConversionXL

DECEMBER 7, 2017

The CEO cut costs. That latter term is used to describe an initial offer that generates enough revenue to offset the cost of acquiring a customer. Marketing where you don’t have to is called a subsidy cost. It’s one of the biggest hidden costs for any business. That’s a rapid turnaround. Many factors contributed to it.

Bankruptcy 106

Bankruptcy Marketing Campaign Intellectual Property 106

Startup Professionals Musings

MARCH 25, 2012

Even in an open space, you need intellectual property, like patents, to keep potential competitors from overrunning you. The selection of an inappropriate pricing, marketing, or distribution strategy is a large potential risk. Operational risk. Think seriously about the number and clout of your competitors.

Intellectual Property 271

Intellectual Property Entrepreneur Mexico China 271

Startup Professionals Musings

OCTOBER 12, 2010

That’s because a company’s value is a composite of all of the quantitative and qualitative factors that comprise a company: revenues, expenses, risks, growth prospects, quality of the management team, competitive advantages, strength of the intellectual property, and so forth. Detail isn’t important; tracking your progress is.

Intellectual Property 223

Intellectual Property .Net Valuation Distribution 223

The Startup Magazine

OCTOBER 13, 2019

Intellectual property is one of the most valuable assets acquirers seek in startups. Or at least not as cost-effectively. . Distribution & Customers. Acquiring customers can be far easier, certain and cost-effective. You’ve excelled in product design, product/market fit, sales, and operations.

Intellectual Property 102

Intellectual Property IP Acquisition Startup 102

The Next Web

DECEMBER 2, 2013

Turkish Airlines is operating an efficient connection to China through Istanbul. The Israeli focus on reduced costs and high performance, which is injected into the DNA of Israeli tech engineers during their military service, is exactly what China needs. Why is China be so interesting to Israeli tech? Prepare for China’s IP laws.

Intellectual Property 143

Intellectual Property China IP 143

Startup Professionals Musings

SEPTEMBER 13, 2010

Even in an open space, you need intellectual property, like patents, to keep potential competitors from overrunning you. The selection of an inappropriate pricing, marketing, or distribution strategy is a large potential risk. Operational risk. Think seriously about the number and clout of your competitors.

Intellectual Property 223

Intellectual Property Mexico Startup China 223

David Teten

DECEMBER 3, 2019

I walk through below how progressive investors are using technology and analytics throughout all of their operations. We are also seeing technology evaluation as an increasingly important part of LP operational due diligence. Capital has built a free online tool for founders to calculate their cost of capital.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Up and Running

MAY 15, 2019

While Dan heads up operations, his brother Stephen is head brewer, and their team also includes directors of finance and brand, respectively. These products will be distributed to remote yet extremely viable areas, where the market is appreciative of readily-available, good-quality brew. Watch your finances.

Oregon 24

Oregon Jordan Software Review Distribution 24

The Equity Kicker

JUNE 18, 2012

Software prices are dropping and the importance of local operating systems and having locally installed productivity software is declining which makes the future for Microsoft’s consumers software a challenging one. The centrepiece of the ‘free’ argument is that the price of everything drops to its marginal cost of distribution.

Software 94

Software Intellectual Property Open Source Business Model 94

Steve Blank

AUGUST 5, 2010

While individual VC’s inside venture firms specialized in particular domains (PC’s, peripherals, semiconductors, test equipment, operating systems, applications, etc.,) Finally the amount of capital needed to take a drug to FDA trials could be enormously expensive, at least 10x more than startup costs at an electron-based company.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

The Startup Magazine

DECEMBER 18, 2017

Having products manufactured overseas is a cost-effective option that can help you get the inventory that you need without having to spend a fortune in the process. Any reputable manufacturer should be more than happy to sign the agreement, ensuring that your intellectual property is protected.

Reputation 60

Reputation Intellectual Property Distribution Search 60

Up and Running

MARCH 1, 2016

So, if I were going to invent something, I’d probably start by creating an affordable jeweler’s workbench, not least because I’d be able to test it, and because I already know all the distribution channels I’d need to hit in order to sell it. Of course, you could also calculate your price based on the cost of materials and manufacture.

Non-disclosure Agreement 60

Non-disclosure Agreement NDA Non-Compete Naming 60

www.inc.com

SEPTEMBER 24, 2011

Office and Operations. Intellectual Property. That cost him accounting fees, legal fees, and time because the financing round couldnt close until the arrangements were formalized. CDW your 1-stop resource for configuration, activation & distribution. Naming a Business. How to Incorporate. Buying a Small Business.

Fractional CTO 40

Fractional CTO Equity Iowa Technical Cofounder 40

Gust

DECEMBER 8, 2011

Readers can anticipate my next point in continuing the analogy: It makes no more sense for a non-lawyer to prepare fundamental legal, governance, equity and intellectual property documents than it would for a patient to self-diagnose and begin taking prescription-strength antibiotics or other medications. Offer letters for employees.

Intellectual Property 139

Intellectual Property Non-disclosure Agreement Delaware Stock 139

www.inc.com

SEPTEMBER 24, 2011

Office and Operations. Intellectual Property. Theres a huge opportunity cost in not taking equity," he says. He prefers to work with companies that are building Web-based applications and have relatively low start-up costs. CDW your 1-stop resource for configuration, activation & distribution. Franchises.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Start Up Blog

FEBRUARY 13, 2016

Trick 1: Pay excessive amounts for rights to use brands names, intellectual property or other non physical assets the parent company owns. Often high enough to remove any local profit for operations in higher taxed economies. Ensure money is transferred to low cost tax markets as a high cost tax market expense.

Intellectual Property 48

Intellectual Property Australia Singapore Government 48