Steve Blank
APRIL 4, 2011
Last week the teams were testing their hypotheses about their Value Proposition (their company’s product or service.) This week they were testing who the customer, user, payer for the product will be (and discovering if they have a multi-sided business model , one with both buyers and sellers.) The news from customers was not good.
YoungUpstarts
SEPTEMBER 4, 2012
Buffett goes for companies that have unique products, scale advantages that allow them to generate significant margins, have healthy price/earnings ratios, generate good margins, and stay away from debt. Those he admire include Coca-Cola, Wrigleys, Wal-Mart and Apple, while General Motors comes with a huge “stay away” warning.
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Duct Tape Marketing
SEPTEMBER 20, 2023
Conversely, if you cost your customers time, you will also pay the price financially. They're from Nebraska, right? You had literally no idea what it would cost. You don't have to change your product or service at all you're doing is changing your customer sequencing and reaping the financial rewards accordingly.
Steve Blank
MARCH 15, 2011
what’s the product? Their hypotheses when they first left the campus were: Value Proposition : Labor costs in mowing and weeding applications are significant, and autonomous implementation would solve the problem. The problem is that the product was free for end users and few Research institutions purchased site licenses.
The Startup Magazine
SEPTEMBER 17, 2020
In Asia, there is still coal-fired power generation being built, and Vietnam hosts the largest new production facilities for blast furnace steel production, which is reliant on met coal. While we are seeing places such as the United States and Europe decrease demand, developing countries in Asia represent a rising annual demand.
Women Entrepreneurs Can
JANUARY 31, 2021
Along with worrying about a business plan, a place, and the cost of your start-up, you also need to think about certain legal matters as well. So, if a customer sues your company after they receive a faulty product, your personal accounts and finances will be safe. States such as Nebraska, New York and Arizona have such rules in place.
Startup Lessons Learned
NOVEMBER 7, 2013
To ease the financial load, we’ve got a scholarship program that strips away luxuries and offers you a ticket that’s under-cost for us. Sourabh: I''m a student at the University of Nebraska-Lincoln and part of the local community of entrepreneurs and startup folks in Lincoln and Nebraska.
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