Remove 2001 Remove Business Model Remove Distribution Remove Product
article thumbnail

Is the Lean Startup Dead?

Steve Blank

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim.

Lean 335
article thumbnail

Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

Services (Cloud, ads, music) have a very different business model. They are hard to do in a company that excels at products. Microsoft executed its 20 th -century business model extremely well, but it missed the new and more important ones. Between 2001 to 2008, Jobs reinvented the company three times.

Azure 120
Insiders

Sign Up for our Newsletter

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

article thumbnail

Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

Services (Cloud, ads, music) have a very different business model. They are hard to do in a company that excels at products. Microsoft executed its 20 th -century business model extremely well, but it missed the new and more important ones. Between 2001 to 2008, Jobs reinvented the company three times.

Azure 120
article thumbnail

Ecommerce: How to Survive its Troughs

ReadWriteStart

On the topic of ecommerce, one wonders to what extent this business model is applicable, and where is it likely to end? It’s the extent of this phenomenon that has resulted in soaring businesses across the world. This was also the time when major companies set up their online properties to sell and buy products.

eCommerce 152
article thumbnail

5 Entrepreneurs Reveal Their Favorite Business or Entrepreneur Turnaround Story

Hearpreneur

She found her audience and her business model and focused on scaling her concept and she made it work. In 2001, I entered the publishing industry, figuring I could use the general services turnaround skills I had developed after B school in an industry in turmoil as a result of the internet and the changes. 2- Flickr and Slack.

article thumbnail

Marketing and Growth Lessons for Uncertain Times

ConversionXL

The best drivers apply the brakes just ahead of the curve (they take out excess costs), turn hard toward the apex of the curve (identify the short list of projects that will form the next business model), and accelerate hard out of the curve (spend and hire before markets have rebounded). Progressive. Image source ).

Marketing 121
article thumbnail

How Lemming VCs Cause Venture Recessions

Mucker Lab

Combined with the usual summer slowdown, some are already raising the spectre of 2001 or 2008. Furthermore, the venture “business” is a business of making money off outliers. Normal distributions do not exist; standard deviations are meaningless. The “venture recession” of 2016 is in full swing.

Harvest 60