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Love/Hate Business Plan Competitions

Steve Blank

I hate business plan competitions. I Love Business Plan Competitions I had a breakfast with a friend who has founded a few companies in Thailand and started the New Ventures Program at one of their universities. For all the reasons why business plan competitions are wonderful for students from outside the U.S.,

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Do You Need a Business Plan? Scientific Research Says Yes

Up and Running

With the help of my friend Jeff, from the University of Oregon, I’ve been looking at academic research on business planning—the actual science around planning and how it impacts both startups and existing businesses. But, before we dive into the data, why do we even need to look at research on business planning?

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Raising Money Using Customer Development

Steve Blank

Product Development – Getting Funded as The Goal In a traditional product development model, entrepreneurs come up with an idea or concept, write a business plan and try to get funding to bring that idea to fruition. Reply Richard Jordan , on November 5, 2009 at 3:36 pm Said: Steve, best article yet.

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Lean Startups aren't Cheap Startups

Steve Blank

As you search: Customer Development observes that when you start your company, all you and your business plan have are hypotheses, not facts –and that the founders are the ones who need to get out of the building to turn these hypotheses into customer data.

Lean 244
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The Customer Development Manifesto: Reasons for the Revolution.

Steve Blank

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. 3 , on August 31, 2009 at 12:48 pm Said: [.]

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Someone Stole My Startup Idea – Part 2: They Raised Money With My.

Steve Blank

Posted on December 7, 2009 by steveblank In my 21 years of startups, I had my ideas “stolen” twice. No business plan survives first contact with customers The real value is finding the product/market fit. Steve Blank -- Topsy.com , on December 7, 2009 at 6:06 am Said: [.] See part one for the first time it happened.

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Document Your MVP for a Developer

SoCal CTO

Business Concept The key first part of the conversation with a developer is having a good capture of the business more broadly. The business canvas model is a good short list. You might also have a business plan, marketing plan, financials, competitor analysis or other kinds of background document.

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