Startup Professionals Musings

NOVEMBER 27, 2015

Startups which insist on operating in stealth mode in fear of competitor response miss the more important customer response. Maximum agility for required pivots. Startups need the agility to test various business models and positioning messages. Partners and distribution channels will take you seriously.

Hockey Stick 120

Hockey Stick Startup Stealth Agile 120

Steve Blank

JUNE 26, 2015

The first, the notion of the “ ambidextrous organization ” from O’Reilly and Tushman , posits that companies that want to do continuous innovation need to execute their core business model while innovating in parallel. Horizon 1 activities support existing business models. Horizon 1 is the company’s core business.

Lean 120

Lean Management Business Model Incubator 120

Steve Blank

JULY 13, 2021

Business plans presume that building a startup is a series of predictable steps requiring execution of a plan which assumes a series of known facts: known customers, known features, known pricing, known distribution channel. The reality is that most business plans don’t survive first contact with customers. experiential.

Lean 436

Lean Agile Business Model Business Plan 436

Startup Professionals Musings

JULY 20, 2022

Look outside your industry for new technologies and models. Entrepreneurs are always looking for breakthroughs and business models in other industries that can be adapted to a new one. Remember that startup competitors will always be limited by available funding, people, and operational systems.

Silicon Valley 367

Silicon Valley Artificial Inteligence Global Agile 367

Steve Blank

MARCH 31, 2014

In fact, it was only 7 years ago that Apple shipped its first iPhone and Google introduced its Android operating system. The first will be commodity businesses that are valued for their ability to execute their current business model. These innovations do not require change in a company’s existing business model.

Private Equity 328

Private Equity Metrics China Intellectual Property 328

Steve Blank

FEBRUARY 23, 2016

As we prepared for the new Hacking for Defense class at Stanford, we had to stop and ask ourselves: How do we use the Business Model Canvas if the primary goal is not to earn money, but to fulfill a mission? In other words, how can we adapt the Business Model Canvas when the metrics of success for an organization is not revenue?

Business Model 120

Business Model Revenue Channel Community 120

Startup Lessons Learned

SEPTEMBER 15, 2008

But by taking advantage of open source, agile software, and iterative development, lean startups can operate with much less waste. So far, I have found "lean startup" works better with the entrepreneurs Ive talked to than "agile startup" or even "extreme startup.") The lean startup is an application of Lean Thinking.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

Steve Blank

MARCH 18, 2011

The Business Plan (Concept- Alpha-Beta - FCS ) became the playbook for startups. There was no repeatable methodology, startups and their VC’s still operated like startups were simply a smaller version of a large company. The world of building profitable startups ended in 1995. August 1995 – March 2000: The Dot.Com Bubble.

Internet 334

Internet IPO Silicon Valley Agile 334

YoungUpstarts

AUGUST 14, 2019

Imagine if this sector continued to operate with mom-and-pop stores, where each store served a specific need and sold a specific product? Today, retail is dominated by international giants with powerful supply chains and increasingly digitized distribution systems. Consider the retail industry for comparison.

Global 189

Global Vertical Agile Engineer 189

Steve Blank

FEBRUARY 3, 2015

These new entrants disrupted their food categories by offering high quality proprietary recipes, outsourcing their manufacturing, and using their cash and resources on sales and marketing to build distribution and a differentiated brand. Hershey plans to operate Krave as a standalone business within its Hershey North America division.

North America 120

North America Lean Customer Development Distribution 120

Steve Blank

MAY 29, 2019

My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.” Today the capstone class is most often experiential, team-based, hands on, focused around the search for a repeatable and scalable business model. Distribution channels, brand loyalty, etc.

Incubator 332

Incubator Lean Programming Government 332

Steve Blank

AUGUST 5, 2010

I think you can blame Customer and Agile Development for a small part of it. While individual VC’s inside venture firms specialized in particular domains (PC’s, peripherals, semiconductors, test equipment, operating systems, applications, etc.,) Lean VC’s are expert in on-line distribution, Agile and Customer Development.

Lean 262

Lean Internet Silicon Valley Venture Capital 262

ReadWriteStart

JUNE 29, 2020

Wikipedia.com defines a “startup company (startup or startup) is an entrepreneurial venture which is typically a newly emerged, fast-growing business that aims to meet a marketplace need by developing a viable business model around an innovative product, service, process, or a platform.”. Invest in your brand.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

Startup Lessons Learned

APRIL 14, 2009

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) Compared to the million-dollar startup, they are operating at micro-scale. Great post!

Customer 167

Customer San Francisco Lean Hockey Stick 167

Agile VC

NOVEMBER 6, 2013

The emergence of mobile platforms has broadened the array of internet-enabled businesses somewhat, and overall it obviously marks a massive shift in computing platforms. But at its base level, ubiquitous computing or “mobile” hasn’t actually changed that much from the desktop web when it comes to fundamental business models.

IPO 194

IPO Aggregator B2B Internet 194

Hearpreneur

JANUARY 5, 2022

They operate on the premise that if you don't get results, you won't get results. I’ve devised a sustainable business model where we will contribute to the ecological welfare of our environment. It's important to keep business agile. 14- Adapt operations. Photo Credit: Adam Wood. 5- Go green.

Entrepreneur 114

Entrepreneur Affiliate Green Cloud 114

ReadWriteStart

APRIL 26, 2012

They all went away; they got rolled up in 1999 and 2000 into these too-big-to-fail banking operations," Davidson tells us. Then the risk of that product succeeding is lessened by network effects made feasible by app stores and digital distribution, driving up customer adoption. Brown & Sons, Montgomery Securities.

IPO 115

IPO Stock San Francisco Lean 115

Occam's Razor

MAY 2, 2017

The very best analysts are comfortable operating with ambiguity and incompleteness, while all others chase perfection in implementation / processing / reports. The very best analysts are know what matter’s the most are not the insights from big data but clear actions and compelling business impact from usually a smaller subset of key data.

Metrics 141

Metrics Acquisition eCommerce Analytics 141

Up and Running

MAY 23, 2016

The one-page pitch format is also more suitable for SaaS businesses that are constantly testing new ideas. Your pitch is going to cover your strategy (what you’re going to do), your tactics (how you’re going to do it), your business model (how you will make money), and your schedule (who is doing what and when).

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

MARCH 26, 2019

The class was unique in that it was 1) team-based, 2) experiential, 3) lean-driven (hypothesis testing/business model/customer development/agile engineering). When we started this class, the concept of Lean (business models, customer development, agile, pivots, mvp’s) was new to everyone.

Lean 254

Lean Business Model Balance Sheet Video 254

Agile VC

JUNE 12, 2012

It’s conceptually no different from the early days of Western Union’s original payments business when people “wired” money to one another at each end of a physical distribution network. Canadian operator Rogers filed to become a bank last year. But again the store of value in prepaid minutes was the key.

Mobile 250

Mobile Disintermediation SMS Government 250

Steve Blank

MAY 3, 2022

The government buys and distributes commercial images from startups to supplement their own and shares them with Ukraine as part of a broader intelligence-sharing arrangement that the head of Defense Intelligence Agency described as “ revolutionary.” Today, commercial companies have their own satellites providing unclassified imagery.

Ukraine 310

Ukraine China Private Equity Russia 310

ConversionXL

APRIL 3, 2019

Why our CRO jobs will die: Teams operate at different paces. Fit for the test: Normal tests assume independence and that error is normally distributed. Do not talk about disruptive business models; the ones who disrupt don’t talk about it. They are too busy disrupting. It’s a wave—the agile Tsunami.

Artificial Inteligence 114

Artificial Inteligence Technical Review Metrics SEO 114

www.vccafe.com

MARCH 11, 2013

Agile project management tool that enables real time collaboration. free, distributed source code control management system. Agile project management. agile product management. agile product management and Scrum tool. Agile project management tool collaborative product life-cycle. Agile eLearning.

Software Review 53

Software Review Technical Review Startup 53