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A New Way to Teach Entrepreneurship – The Lean LaunchPad at Stanford: Class 1

Steve Blank

In January, we introduced a new graduate course at Stanford called the " target="_blank">Lean LaunchPad. The Lean LaunchPad class was scheduled to meet for three hours once a week. Each team gave each professor a three-minute elevator pitch for their idea, and we let them know if it was good enough for the class.

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Startup Funding – A Comprehensive Guide for Entrepreneurs

ReadWriteStart

Bootstrapping inculcates the entrepreneurial discipline and financial responsibility to run a lean business. ? You should also prepare an elevator pitch, which is a 5 minute verbal summary of your business idea and the plan. It is called an elevator pitch because you should be able to pitch to someone over an elevator ride.

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Business Pitch, Elevator Pitch, and the LivePlan Pitch Page: What’s the Difference?

Up and Running

My latest book, “Lean Business Planning” has a chapter on these pitches, which is also on the website as “Your Business Pitch.” ” See Also What My Startup Accelerator Taught Me About Pitching. See Also 7 Reasons to Create a One-Page Pitch Before You Plan.

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Finding a Technical Cofounder for Your Startup

SoCal CTO

Refine your elevator pitch. Here are a few perspectives on the topic of finding technical cofounders: In Building a sweat equity team , Joel on Software tells us: You simply need to network. Go to user groups. Go to tech (or other relevant industry) events.

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How to Start a Small Web Design Firm

Up and Running

Create a Lean Business Plan. Instead, you can create an alternative to a traditional business plan—a Lean Plan which is easier to adapt throughout the life of your business. The first step to running your own business is creating a solid plan. Choose some of the same places to hang out and try to engage them in conversation.

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Equity-Only CTO and Equity-Only Developers

SoCal CTO

Refine your elevator pitch. Here are a few perspectives on it: Building a sweat equity team You simply need to network. Go to user groups. Go to tech (or other relevant industry) events. Eventually you'll catch the ear, the vision, of someone who would like to jump on board, and has something you need in return.

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Business Startup Checklist

Up and Running

We use the lean planning methodology to figure this out. Create an elevator pitch. Refine your elevator pitch for investors. Test your business idea and do market research*. The adage goes, “ideas are a dime a dozen”—but what about good ideas? Flesh out your target market details. Create a marketing and sales plan.