Startup Professionals Musings

AUGUST 13, 2012

Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Convince investors that your team is experienced in starting a new business, and have great expertise in the selected business domain.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Steve Blank

FEBRUARY 12, 2015

In this first step, the goal of a startup is to search for a repeatable and scalable business model. Sales (and/or customer acquisition in a multi-sided market) becomes achievable by a sales force (or network effect or virality) without heroic efforts from the founders. If not, start one.

Startup 120

Startup Lean Venture Capital Advisory Board 120

Duct Tape Marketing

NOVEMBER 11, 2021

More About The Duct Tape Marketing Consultant Network: Check it out here. John Jantsch (00:01): This episode of the duct tape marketing podcast is brought to you by the HubSpot podcast network. Hey, I want to give a shout out to another member of the HubSpot network, the success story podcast, hosted by Scott, the Clair.

Affiliate 96

Affiliate Advisory Board Networking Programming 96

Startup Professionals Musings

MAY 13, 2011

Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Convince investors that your team is experienced in starting a new business, and have great expertise in the selected business domain.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Gust

AUGUST 5, 2012

Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it assumes at least 100M users and $50M investment. Convince investors that your team is experienced in starting a new business, and have great expertise in the selected business domain.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Professionals Musings

APRIL 22, 2010

Explain the business model. Many people seem to use the social network advertising model for revenue, but forget it requires at least 100M users and $50M investment. Convince investors that your team is experienced in starting a new business, and have great expertise in the selected business domain.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

Startup Lessons Learned

JULY 29, 2009

For example, I’ve talked often about our belief that an instant messaging add-on product would allow IMVU to take advantage of a network effects strategy. For example, IMVU’s early business model was made possible by Paypal’s easy self-serve and open access payment system. Let me take a concrete example.

Technical Review 168

Technical Review Software Review San Francisco Lean 168

Steve Blank

OCTOBER 11, 2016

And not keep investors informed about changes to your business model can have serious consequences. When they found out, they questioned my decision-making and me as an entrepreneur. The same passion that got your startup idea off the ground can blind you to signs that your company is failing. If you can’t hear the clip, click here.

Columbus 245

Columbus Entrepreneur Ohio Cofounder 245

Tim Keane

JANUARY 14, 2009

One big example of this is boards of advisers, a real important concept for almost every entrepreneurial business.    I am constantly impressed by the high quality of members of advisory boards on opportunities I get to see.  John Mullins: Getting to Plan B: Breaking Through to a Better Business Model.

Advisory Board 60

Advisory Board Wisconsin Bootstrapping Angel Investor 60

thebarefootvc

JUNE 13, 2010

This is also how business models also evolve. This is why a good advisory board and board of directors is key to a success of a business. I can’t even count how many times I’ve ended up doing business with people I first met years ago and kept in my network.

Rwanda 79

Rwanda Entrepreneur Advisory Board New Jersey 79

Steve Blank

OCTOBER 11, 2016

And not keep investors informed about changes to your business model can have serious consequences. When they found out, they questioned my decision-making and me as an entrepreneur. The same passion that got your startup idea off the ground can blind you to signs that your company is failing. If you can’t hear the clip, click here.

Columbus 120

Columbus Entrepreneur Ohio Cofounder 120

pandodaily.com

JULY 18, 2012

But it’s possible that as the secret sauce of new media swings farther from disruptive technology and business models to a focus on curated and quality content, it’s the older entrepreneurs who are in the pole position. Media companies are amongst the stodgiest "old boy network" environments out there.

Entrepreneur 45

Entrepreneur San Francisco Silicon Valley Technical Review 45

betashop.com

OCTOBER 8, 2012

But, you can iterate and iterate on features, but you cannot iterate your way to a business model. I’ve seen too many businesses get stuck or fail because of their endless pursuit for the magic new feature that is going to help them gain traction. Use them as a sounding board for corporate development issues.

Technical Review 108

Technical Review Technology Software Review Valuation 108

Austin Startup

DECEMBER 2, 2018

We’ve also built a large Advisory Board, from DJ Patil to Kelly Wright. So after attending several of these and being amazed at the networking opportunities each time, I asked Auren over lunch one day, “How the heck do you do it?” At data.world, we’ve done our best to do the same. but he did it in a particular way.

Silicon Valley 48

Silicon Valley Cofounder San Francisco 48

Steve Blank

FEBRUARY 7, 2013

The class was designed to teach educators (and the adjunct entrepreneurs that support them) the Lean LaunchPad approach (Business Model Design, Customer Development and Agile Engineering) for teaching entrepreneurship. Additionally, meeting with speakers grants students an opportunity to develop networking skills.

Delaware 297

Delaware Lean Entrepreneur Advisory Board 297

Steve Blank

FEBRUARY 7, 2013

The class was designed to teach educators (and the adjunct entrepreneurs that support them) the Lean LaunchPad approach (Business Model Design, Customer Development and Agile Engineering) for teaching entrepreneurship. Additionally, meeting with speakers grants students an opportunity to develop networking skills.

Delaware 189

Delaware Lean Entrepreneur Advisory Board 189

Austin Startup

MAY 29, 2019

Yesterday I was having a discussion with one of our executives on the strength of network effects inherent in the data.world business model. This led to a far ranging strategic discussion that got us both really excited about the huge potential of our business. But most of the time it is just that?—?hope,

Networking 48

Networking Fractional CTO CTO Hire B2C 48

steveblank.com

JULY 8, 2011

– Mike [link] Reply Jeff Skinner , on May 24, 2010 at 9:28 am said: Steve, you don’t know me though I use your ‘Customer Development process’ video in my classes (Entrepreneurship at London Business School). Jeff skinner Faculty, London Business School. Can we touch base on this.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

www.vccafe.com

MARCH 11, 2013

Social networking. Create your own social network. free enterprise social network. Executive / Advisory Board Compensation. VentureHacks on Startup Advisory Boards â?? In other words they are entrepreneurs that help others like them succeed in their new business. Mailing lists/groups.

Software Review 53

Software Review Technical Review Startup 53