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16 Entrepreneurs Share Advice That’s The Complete Opposite of What They Learned Before Starting Their Venture

Hearpreneur

6- You don't have to do it all yourself Photo Credit: Rocco Del Greco When starting my advertising agency back in 1995, I believed that to be considered a legitimate business, I needed to invest in high-end printing equipment to produce color prints and large-format signage for my potential clients. Thanks to Ashley Vasquez, TBD Coffee ! #8-

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Why Uber is The Revenge of the Founders

Steve Blank

This required a repeatable and scalable sales process, which required a professional sales staff and a product stable enough that customers wouldn’t return it. In 1995 Netscape changed the rules about going public. Twenty-five years ago, to go public you had to sell stuff – not just acquire users or have freemium products.

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Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank

Berkeley in 2010 to run the Lester Center for Entrepreneurship in the Haas School of Business we were teaching entrepreneurship the same way as when I was a student back in 1995. The disadvantage is that its methodology was based on the old waterfall model of product development and not the agile and lean methods that startups use today.

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How to Hack Growth When Growth Stalls

ConversionXL

Reporting in the Harvard Business Review on a major study of growth stalls they conducted, Olson and his colleagues cite the case of the iconic brand Levi Strauss, which hit a historic high mark of sales in 1995, reaching revenue of $7 billion, but then, starting in 1996, saw a decline in sales so precipitous that by 2000, revenue was down to $4.6

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The new startup arms race (for Huffington Post)

Startup Lessons Learned

For example, over 25% of the technology companies founded between 1995-2005 had a key immigrant founder. These companies produced over $52 billion dollars in sales in 2005, and employed 450,000 workers that year. For example, over 25% of the technology companies founded between 1995-2005 had a key immigrant founder.

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Welcome to the Lost Decade (for Entrepreneurs, IPO’s and VC’s)

Steve Blank

Until 1995 startups going public typically had a track record of revenue and profits. Netscape’s 1995 IPO changed the rules. New, agile and adroit venture firms with new business models have emerged to deal with the reality that 1) web 2.0 Suddenly there was a public market for companies with limited revenue and no profit.

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The Rise of the Lean VC – Consumer Internet Gets Its Own Investors

Steve Blank

I think you can blame Customer and Agile Development for a small part of it. One could argue that there’s nothing new here, as Internet distibution models started in 1995. Lean VC’s are expert in on-line distribution, Agile and Customer Development. Here’s why. Electron-based Venture Capital. Lessons Learned.

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