Remove 2000 Remove Business Model Remove Cost Remove Forecast
article thumbnail

Is the Lean Startup Dead?

Steve Blank

Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. The idea of the Lean Startup was built on top of the rubble of the 2000 Dot-Com crash.

Lean 335
article thumbnail

No Business Plan Survives First Contact With A Customer – The 5.2 billion dollar mistake.

Steve Blank

When Iridium was first conceived inside Motorola in 1987, worldwide cell phone coverage was sparse, calls were unreliable and per minute costs were expensive. Cell phone handsets were the size of a lunch box and cost thousand of dollars. But Iridium’s business model assumptions were fixed like it was still 1990.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Scaling is Hard, Case Study: TripAdvisor

Seeing Both Sides

TripAdvisor may be one of the most fascinating companies I know and so I was excited to dig into their business model as part of my series on scaling. TripAdvisor is more of a classic consumer Internet success story, but with even more powerful network effects and an amazing business model. Big Data meets travel…in 2000.

article thumbnail

How to Fine-tune Your Small Business Finances—from Funding to Growth [Webinar Recap]

Up and Running

The DIY mentality can really bog you down and become a burden eventually, plus it can really cost you more time and money in the grand scheme of things. I just wanted to break down those two pieces real quick the time side and the cost side. Then the second one here which I eluded to is really all about cost.

article thumbnail

How To Survive And Profit From Radical Change

Duct Tape Marketing

You know, the cost of labor, but also consumption. Well, Uber has actually made new things possible in cities, new business models possible, uh, new businesses possible. Now, clients say that their virtual executive assistants have made an impact on their business. There are no contracts and no additional costs.

article thumbnail

How to Start a Home Health Care Business

Up and Running

percent in 2000 to 19.6 There are also societal and political factors at play including a growing acceptance among physicians of the practice of home care, as well as pressure to alleviate the demands placed on hospitals and an overall desire to find cost efficiencies in the health care system. “In Step 1: Formulate your business plan.

article thumbnail

Scaling is Hard, Case Study: Akamai

Seeing Both Sides

Facebook and Google would be obvious choices for this, but so much has been written about each of them and they represent such special business models, I worried that it would be both hard for entrepreneurs to relate and hard for me to develop new insights. In 2012, analysts forecast the company will achieve nearly $1.5