article thumbnail

Essay: The Role of Entrepreneurship in Economic Development

The Startup Magazine

The fact is people often suffer failures along the their path to success, and some businesses have to close, due to a lack of fund, sales decisions, or a lack of demand in the market. from 1997 to 2014. Entrepreneurship is known for the high risks involved in launching a startup. Women Entrepreneurs in History.

Developer 131
article thumbnail

Should Early Stage Startups Move to Austin because of Customers?

Austin Startup

Building a product around the needs of actual users is the best way to develop something that will actually create value, but also to validate demand ahead of pouring more resources into your venture. Early adopters, especially those who are willing to pay for novel services, are the lifeblood of lean startups.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Clayton Christensen

Steve Blank

I remember the first time I read the Innovator’s Dilemma in 1997. They operated this way because their existing business models didn’t allow them to initially profit from those opportunities – so they ignored them – and continued to chase higher profitability in more-demanding segments. I never got to say thank you.

Lean 428
article thumbnail

The Role of Entrepreneurship in Economic Development

The Startup Magazine

The fact is people often suffer failures along the their path to success, and some businesses have to close, due to a lack of fund, sales decisions, or a lack of demand in the market. from 1997 to 2014. Entrepreneurship is known for the high risks involved in launching a startup. Women Entrepreneurs in History.

article thumbnail

When Microsoft Threatened to Sue Us Over the Letter “E”

Steve Blank

By 1997 E.piphany was a fast growing startup with customers, revenue and something approaching a repeatable business model. 1997 was also that year that Microsoft was in the middle of the browser wars with Netscape. 1997 was also that year that Microsoft was in the middle of the browser wars with Netscape.

SQL 282
article thumbnail

Why Now Is The Right Time For New Green Technology

YoungUpstarts

It took a big advance in technology combined with rising gasoline prices to prepare consumers to finally accept hybrid power, and they did so with the 1997 arrival of the Toyota Prius — more than 100 years after the first electric car. Awareness and demand for change must outweigh the comfort of familiarity.

Green 178
article thumbnail

Who’s Your Daddy? 5 Lessons from GoDaddy

Growthink Blog

GoDaddy was created in 1997 as Jomax Technologies by Bob Parsons who had recently sold his other company, Parsons Technology Inc., Rather than demanding money for a number of different services, almost everything is optional and customers can spend as little or as much as they want.