Startup Professionals Musings

APRIL 4, 2022

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. Join a startup incubator. Use crowd funding. Get a loan or line-of-credit.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Startup Professionals Musings

JUNE 30, 2019

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. Join a startup incubator. Use crowd funding. Get a loan or line-of-credit.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Startup Professionals Musings

SEPTEMBER 16, 2023

Who would not want to join the unicorns (recent startups with a current valuation of over $1 billion)? Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. Incorporating a business entity early through online services.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

Startup Professionals Musings

DECEMBER 6, 2019

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. Join a startup incubator. Use crowd funding to build reserves.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Startup Lessons Learned

SEPTEMBER 15, 2008

Lessons Learned by Eric Ries Monday, September 8, 2008 The lean startup Ive been thinking for some time about a term that could encapsulate trends that are changing the startup landscape. After some trial and error, Ive settled on the Lean Startup. The lean startup is an application of Lean Thinking.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

Steve Blank

AUGUST 21, 2013

What if we could increase productivity and stave the capital flight by helping Life Sciences startups build their companies more efficiently? —— When I wrote Four Steps to the Epiphany and the Startup Owners Manual , I believed that Life Sciences startups didn’t need Customer Discovery.

SBIR 314

SBIR Technical Review Lean Startup 314

Startup Lessons Learned

OCTOBER 21, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference. Between webcasts and interviews, we’ve been gradually introducing some of the speakers who are appearing at this year’s Lean Startup Conference. So we spent some time iterating--leanly, we thought--on the revenue model. Lean validation.

Lean 152

Lean Startup Metrics Silicon Valley 152

Startup Professionals Musings

JANUARY 12, 2018

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. Join a startup incubator. Use crowd funding to build reserves.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

FEBRUARY 19, 2013

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. Join a startup incubator. Use crowd funding. Get a loan or line-of-credit.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Both Sides of the Table

SEPTEMBER 28, 2014

I was reading Danielle Morrill’s blog post today on whether one’s “ Startup Burn Rate is Normal. I love how transparently Danielle lives her startup (& encourages other to join in) because it provides much needed transparency to other startups. ” I highly recommend reading it.

Burn Rate 383

Burn Rate Balance Sheet .Net Valuation 383

Steve Blank

NOVEMBER 18, 2016

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. While these acquisitions have teams of great researchers, they rarely contribute actual revenue generating products (because most never reached that stage when they were acquired.)

Artificial Inteligence 318

Artificial Inteligence Lean Exit Strategy Startup 318

Steve Blank

JUNE 26, 2014

We’ve pivoted our Lean LaunchPad / I-Corps curriculum. — Over the last three years the Lean LaunchPad class has started to replace the last century’s “how to write a business plan” classes as the foundation for entrepreneurial education. . The Lean LaunchPad is now being taught in over 100 universities.

Intellectual Property 281

Intellectual Property Lean IP Open Source 281

ReadWriteStart

JANUARY 26, 2021

Launching a startup is ridiculously exciting. That’s because more than half of all startups fail within the first five years of operation. Understanding the reasons why startups fail can help you avoid such a fate. So what are the driving factors that lead to startup failure? Lack of Market Need. Poor Customer Experience.

Startup 180

Startup Angel Investor Business Model Demand 180

Both Sides of the Table

SEPTEMBER 22, 2012

I think I’ve read Paul Graham’s post on “ Startup = Growth ” three or four times now. “The growth of a successful startup usually has three phases: There’s an initial period of slow or no growth while the startup tries to figure out what it’s doing. I talked about some of that here.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

Steve Blank

NOVEMBER 1, 2017

In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup. Are lean innovation and the Startup Way a failure in large companies?

Institutional Investors 233

Institutional Investors Dividend Stock Technical Review 233

Startup Lessons Learned

MAY 19, 2011

Jeff has been promoting the use of Lean UX as an effective method to spur greater innovation, quality and productivity in startups as well as within teams in larger organizations. Lean Startups need to make snap decisions, iterate quickly and pivot when needed. It may seem like a subtle difference but it’s powerful.

Lean 165

Lean Software Review SCRUM Non-Compete 165

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Many myths surround the subject of startup funding. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. You must have seen a lot of startups giving out promotions, discounts, and incentives at the early phase of their business. Crowdfunding.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Lessons Learned

OCTOBER 28, 2015

Guest post by Jennifer Maerz, Contributing Editor of Lean Startup Co. Really, there’s no better way to recharge and return to work inspired than spending a few days with the Lean Startup’s global network. A Lean Startup training kinda guy? The Lean Startup Conference. Join us Nov.

Lean 60

Lean San Francisco Startup Global 60

Steve Blank

JANUARY 22, 2014

Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. Success depends on finding startups that have identified acute customer pains in large markets where conditions are ripe for a new entrant. I visited Bend last year and caught up with his progress. Tech investing is risky.

Early Stage 286

Early Stage Silicon Valley Oregon Technical Review 286

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf. I’m going to start with what’s a lean business plan.

Lean 60

Lean Business Plan Video Software Review 60

Up and Running

APRIL 10, 2013

This was the major theme behind a discussion my company hosted recently with “Lean Analytics” author Alistair Croll. Then once they learn what the market responds to (and what moves the needle on revenue, site traffic, clicks or another important performance metric), you can invest in fully building out the concept.

Lean 71

Lean Analytics Technical Review Social Media 71

ReadWriteStart

FEBRUARY 21, 2021

Launching a new startup is always exciting. When you have the right idea at the right time, a startup that begins life as two people in a garage can eventually become a multi-billion-dollar enterprise. So what are the best ways to stay on the lean-side of things? The upward potential in front of you is practically limitless.

Startup 106

Startup Software Review Open Source Technical Review 106

Startup Professionals Musings

JULY 14, 2014

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. Join a startup incubator. Use crowd funding. Get a loan or line-of-credit.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

JULY 1, 2017

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. Join a startup incubator. Use crowd funding. Get a loan or line-of-credit.

Product Development 177

Product Development Cost Developer Product 177

Steve Blank

NOVEMBER 16, 2009

In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers? And without revenue how do we know if we achieved product/market fit to exit Customer Validation?” However the Customer Development Model and the Lean Startup work equally well for startups on the web.

Customer Development 219

Customer Development Web Developer Customer 219

Up and Running

NOVEMBER 19, 2012

After 5 years of being CEO of Palo Alto Software , and over 15 years in the start-up and entrepreneurial world I am convinced that the only way to grow your company as quickly as possible, while not getting ulcers, becoming an insomniac, and aging more than your years, is to engage in Lean Planning. what is Lean Planning?

Lean 83

Lean Small Business Forecast Technical Review 83

Steve Blank

MARCH 8, 2011

In January, we introduced a new graduate course at Stanford called the " target="_blank">Lean LaunchPad. It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. – not just web-based startups.

Lean 298

Lean Business Model Customer Development Guinea 298

YoungUpstarts

DECEMBER 7, 2017

Launching your startup in a down economy doesn’t make it any less likely to last. Two conditions that do matter to your startup’s out-year viability are the cost and length of its product development cycle. Longer, costlier cycles drain cash on hand while delaying the onset of crucial revenue streams. Stay Lean and Low.

Cost 100

Cost Developer Small Business Administration Marketing 100

Steve Blank

NOVEMBER 13, 2012

The Japanese edition of The Startup Owner’s Manual hit the bookstores in Japan this week. Back in 1990’s, I was working for one of the leading sogo shohsa (trading company) in Japan, building data communications startups. The result: great success of my third startup, a load balancing technology for web servers back in the late 1990’s.

Japan 292

Japan Customer Development Developer Customer 292

crowdSPRING Blog

JANUARY 27, 2013

We write often about ways small business can reduce expense, increase productivity, and operate more efficiently through a lean approach to marketing, technology, and operations. Internal Revenue Service . Related posts: Lean Marketing tips: not-for-profit edition. Small business and startup tips: training day!

Lean 99

Lean Hiring Salary United States 99

Steve Blank

DECEMBER 9, 2013

As our Lean LaunchPad for Life Sciences class winds down, a good number of the 26 teams are trying to figure out whether they should go forward to turn their class project into a business. Is it a small business that hits $4 million in revenue in four years and $8 million in ten years? And if not, are you Ok with something small?

Cofounder 325

Cofounder Technical Cofounder Liquidity Event Lean 325

The Startup Toolkit

DECEMBER 12, 2012

Slides from “ Lean startup intro (with no buzzwords) ” by robfitz. Lean gets bogged down in tactics & tools. This presentation is about what are, in my opinion, the big principles behind lean startup. The typical startup spends little money, focuses on product, and tries to build traction.

Lean 54

Lean Startup Metrics Retention 54

The Startup Magazine

OCTOBER 27, 2019

Unfortunately, such a high number does not translate to an equal level of revenues. An even more surprising statistic is that over 60% of all business-related revenues are collected by large corporations, the likes of which include Apple, Facebook, Amazon, Google, and similar. Small business failure is a high risk for any startup.

Technical Review 62

Technical Review Revenue Software Review Campaign 62

The Next Web

SEPTEMBER 22, 2013

But have you ever had the opportunity to pick the brains of founders who created amazingly successful startups and companies like Envato , Backblaze , Simple , or Treehouse ? Starting a startup isn’t easy and there will always be people who tell you that something is impossible. Stay lean for as long as possible. Don’t listen.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

YoungUpstarts

AUGUST 24, 2015

With the key themes of freedom and value at its core, “ The $100 Startup ” is a brilliant blueprint assisting “wannapreneurs” keen to heed the rallying call of the microbusiness revolution. From borrowing from family members to Kickstarter to car loans, there are various ways to reduce one’s startup burden.

Technical Review 100

Technical Review Software Review South Carolina Startup 100

Steve Blank

MAY 7, 2019

Modern entrepreneurship began at the turn of this century with the observation that startups aren’t smaller versions of large companies – large companies at their core execute known business models, while startups search for scalable business models. Different Playgrounds mean different Rules of the Game.

Lean 333

Lean Marketing Agile Customer Development 333

Steve Blank

OCTOBER 15, 2019

Once upon a time every great organization was a scrappy startup willing to take risks – new ideas, new methods, new customers, targets, and mission. For the contractors, anything new offers the real risk of losing a lucrative existing stream of revenue. Companies Run on Process. Process Versus Product. The result is process theater.

Government 315

Government Technical Review Acquisition Metrics 315