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Is a Venture Studio Right for You?

Steve Blank

The studio’s internal team builds the minimal viable product, then validates an idea by finding product/market fit and early customers. If the idea passes a series of “Go/No Go” decisions based on milestones for customer discovery and validation, the studio recruits entrepreneurial founders to run and scale those startups.

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Nuts & Bolts of Intellectual Property for New Startups

Gust

Having covered all the bases to ensure that your corporate name is available, the domain name can be acquired, and the name doesn’t infringe any existing trademarks (as we discussed last week ), now is a good time to look at the categories of intellectual property (IP) that are relevant to most startups. Intellectual property.

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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Consider licensing your product or intellectual property, and “white labeling.”

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10 Common Startup Mistakes That Are Rarely Admitted

Startup Professionals Musings

Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. Social causes are great, but your ability to sustain your value contribution is directly linked to your ability to find paying customers.

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7 Reasons That Investors Won’t Fund Inventions Alone

Startup Professionals Musings

In other words, inventions are necessary but not sufficient to create real value for investors and customers. The value is tied to infrastructure outside your control, such as a pervasive network of fuel stations, trained service facilities, and new government regulations. You need a viable business model and customers.

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Playing With Fire – ChatGPT

Steve Blank

and watched as new industries, markets and customers created literally overnight. government seriously considered international control over the development of nuclear weapons. Intellectual property lawyers are already arguing who owns the data these AI models are built on. With ChatGPT I might be seeing one more.

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7 Ways To Validate Your Business Idea Before Starting

Startup Professionals Musings

Don’t forget to consider customer alternatives, like trains versus airplanes. Check for intellectual property barriers in your way. Sometimes your solution is impressive, but mass acceptance requires a big culture change, a large support system, or government legislation. Minimize infrastructure dependencies.