YoungUpstarts

SEPTEMBER 16, 2018

A home-based business should still function in some ways like a bigger firm. They of course need to be agile and adaptable, but home businesses should still have some formalized planning and structure. One area of planning that’s sorely lacking for these types of companies is a plan on protecting data.

Software Review 100

Software Review Technical Review Security Cloud 100

Steve Blank

OCTOBER 13, 2016

The latter requires speed and agility. Bad Habit #3: Insisting on untested and detailed business plans. Most established companies require detailed business plans for new ideas. Business plans actually maximize the risk of failure because of the focus on executing an unproven idea rather than testing it.

Non-Compete 331

Non-Compete Agile Business Model San Francisco 331

Steve Blank

AUGUST 31, 2009

The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.) So what’s wrong the product development model? Where Are the Customers?

Customer Development 244

Customer Development Developer Customer Silicon Valley 244

SVPG

DECEMBER 15, 2012

The past several articles have discussed the nature of Continuous Discovery and Dual-Track Agile. In this article I'd like to discuss another dimension of working effectively in an Agile environment, which is how we manage commitments. I've written earlier about this situation (see www.svpg.com/your-business-plan-is-wrong ).

Agile 63

Agile Management Engineer Software 63

Steve Blank

MARCH 5, 2012

One of the confusing things to entrepreneurs, investors and educators is the relationship between customer development and business model design and business planning and execution. When does a new venture focus on customer development and business models ? And when do business planning and execution come into play?

Search 324

Search Business Model Customer Development Agile 324

Steve Blank

OCTOBER 13, 2016

The latter requires speed and agility. Bad Habit #3: Insisting on untested and detailed business plans. Most established companies require detailed business plans for new ideas. Business plans actually maximize the risk of failure because of the focus on executing an unproven idea rather than testing it.

Non-Compete 120

Non-Compete Agile Business Model San Francisco 120

Steve Blank

MARCH 18, 2011

The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. The Business Plan (Concept- Alpha-Beta - FCS ) became the playbook for startups. Carpe Diem. We’re now in the second Internet bubble.

Internet 335

Internet IPO Silicon Valley Agile 335

Startup Professionals Musings

JANUARY 6, 2023

Many of the business plans I have seen as an investor, like trying to integrate all the social media features of Facebook, Twitter, and LinkedIn into a new platform, don’t do it. It’s tough for an elephant to be agile. In all cases, hiring the best people is likely more important than adding a few features to your solution.

Startup 287

Startup Bandwidth Distribution Agile 287

Steve Blank

NOVEMBER 18, 2010

Notice that the traditional product introduction model leads to a product launch and the execution of a revenue plan. The revenue numbers and revenue model came from a startups original Business Plan. that make up a business model. We were changing the business model when we changed executives. Ritualized Crises.

Burn Rate 251

Burn Rate Management Business Model Customer Development 251

YoungUpstarts

MAY 14, 2019

According to the Workplace 2025 study released in 2017 by Randstad US, by 2025 a majority of the workforce will be employed in an agile capacity, as a consultant, contractor, temporary, or freelance employee. In fact, the report predicted that as early as this year, as much as 50 percent of the workforce will be comprised of agile workers.

Agile 100

Agile Artificial Inteligence Salary Reputation 100

Startup Lessons Learned

NOVEMBER 8, 2008

This theory has become so influential that I have called it one of the three pillars of the lean startup - every bit as important as the changes in technology or the advent of agile development. Most likely, your business plan is loaded with opinions and guesses, sprinkled with a dash of vision and hope. Expo SF (May.

Customer Development 168

Customer Development Developer San Francisco Customer 168

Startup Professionals Musings

APRIL 11, 2020

Many of the business plans I have seen as an investor, like trying to integrate all the social media features of Facebook, Twitter, and LinkedIn into a new platform, don’t do it. It’s tough for an elephant to be agile. In all cases, hiring the best people is likely more important than adding a few features to your solution.

Startup 424

Startup Bandwidth Distribution Agile 424

Startup Lessons Learned

JANUARY 12, 2010

For the many entrepreneurs that send me cold emails asking for me to review a business plan or answer a strategic dilemma: Im much more likely to answer if youve already tried getting an answer on the mailing list. Youll probably get a better result, anyway. Youll probably get a better result, anyway. Expo SF (May.

Lean 146

Lean San Francisco Wiki Startup 146

Women Entrepreneurs Can

APRIL 12, 2023

This will likely reinvigorate the real estate market, but it could also provide more opportunities for smaller companies to secure commercial space for business operations. If you do think it’s worth your time to work in a run-down office, then it’s vital to have a plan in place.

Agile 52

Agile Operations Networking Security 52

Startup Lessons Learned

JANUARY 2, 2009

My startup business (web development) is being shunned by virtually every other potential investor I approached thus far. The only folks who invested in me were the ones who barely understood the business plan. They just havd faith in me. My 2008 revenues were over $100k on a 35k inventory. I am chugging along. Expo SF (May.

San Francisco 60

San Francisco Tampa Continuous Deployment Lean 60

Up and Running

JUNE 11, 2019

For various reasons, people are leaving their traditional 9-to-5 jobs and working in more agile roles instead—even starting their own businesses. You will still need to learn how to behave on a sales call, how to market your business , how to do your taxes, how to write a business plan , how to network.

Salary 81

Salary Reputation Agile Business Plan 81

Startup Lessons Learned

SEPTEMBER 8, 2008

So one of the first things we did was to hire an Oracle expert and get to work. Some combination of the dot-com crash and a just terrible business plan prevented us from having to take our scalability problems to the next level. I was building a new startup in 1999, and wanted to do it right. Expo SF (May.

San Francisco 68

San Francisco Technology Continuous Deployment Lean 68

VC Cafe

JULY 26, 2020

Most principles of Lean Startup remain true, as described by Steve Blank in The Lean Startup Changes Everything : Business Plans are dead: Startups a series of hypothesis that need to be tested. Ditch the business plan and when assumptions are proven wrong, pivot Customer Development: Build a product your customers want (vs.

Lean 214

Lean Seed Capital Startup Burn Rate 214

Steve Blank

JANUARY 10, 2011

Since only good news was rewarded (as defined by the revenue and product plan shared with Wall Street analysts,) I understood why avoiding bad news and covering mistakes was the general manager’s rational choice in this company. In large companies executives are hired and compensated for pristine and efficient execution.

Forecast 268

Forecast Agile Revenue Founder 268

Steve Blank

SEPTEMBER 3, 2009

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. For example, some startup sales execs believe hiring the core sales team is a key objective. What plan says that?

Customer Development 228

Customer Development Developer Silicon Valley Customer 228

ReadWriteStart

AUGUST 17, 2011

Know your business plan is wrong and keep tweaking it in real time. Don't be afraid to make your biz plan a living, breathing entity. Sawyier early on hired college students on different campuses to promote his service and get landlords and property owners involved in listing their properties.

Internet 142

Internet St. Louis New York City Entrepreneur 142

Both Sides of the Table

NOVEMBER 3, 2010

The path I went down after a few years was to hire more process driven people and devolved more daily operational ownership to people running individual functions such as product management, sales management, finance, etc. So he hired an intern plus a junior marketing person and tasked them with mechanising responses.

Non-Compete 296

Non-Compete Sales Hiring France 296

Steve Blank

OCTOBER 24, 2017

Hire a CEO to Go Public. The VCs would hire a CEO with a track record who looked and acted like the type of CEO Wall Street bankers expected to see in large companies. — all great things when you are executing and scaling a known business model. People had to actually pay you for your product.

Founder 274

Founder Technical Review CTO Hire IPO 274

Startup Lessons Learned

JUNE 5, 2009

Certainly venture-backed startups don’t have this luxury – every business plan has a model in it. Kent Beck keynote, "To Agility, and Beyond" Six streaming locations Interviews ► March (7) New conference website, speakers, agenda Two new scholarship programs for lean startups Speed up or slow down?

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Startup Professionals Musings

DECEMBER 17, 2014

Many of the business plans I have seen as an investor, like trying to integrate all the social media features of Facebook, Twitter, and LinkedIn into a new platform, don’t do it. It’s tough for an elephant to be agile. In all cases, hiring the best people is likely more important than adding a few features to your solution.

Bandwidth 262

Bandwidth Distribution Agile Social Media 262

Hearpreneur

JANUARY 21, 2017

They do a great job at building an amazing culture, and they are able to keep a small company feel in terms of speed and agility because they keep the teams small and have basically broken the company up into a whole bunch of companies. Google is in my opinion the best big company to work at. 9 – Developing an Entrepreneur Program.

Entrepreneur 48

Entrepreneur Investment Bankers PR Social Media 48

Up and Running

OCTOBER 1, 2014

If not, be agile enough to change direction and re-focus,” Nelson advises. This is a process she went through first hand, deciding on the fresh direction for her business as they went into development a new product. . Plan ahead. What helps a busy entrepreneur get work done?

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

NZ Entrepreneur

OCTOBER 20, 2020

And of course, uncertainty makes it tricky to plan, let alone to feel confident about staying afloat. But according to business advisor Luke Kemeys from nextAdvisory , if business owners can remain agile and navigate change, there’s no reason they can’t survive (and even thrive). Cut out time wasting practices.

Small Business 89

Small Business Technical Review Audio Agile 89

SoCal CTO

DECEMBER 1, 2010

No Business Plan Survives First Contact With A Customer – The 5.2 Call it facts for hire. It would be a bit like the hired gun in the old west, but more suited for today’s times. Today, brands are hiring social media specialists for customer support, crowdsourced product development, promotions and even leads generation.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Startup Professionals Musings

DECEMBER 27, 2015

Many of the business plans I have seen as an investor, like trying to integrate all the social media features of Facebook, Twitter, and LinkedIn into a new platform, don’t do it. It’s tough for an elephant to be agile. In all cases, hiring the best people is likely more important than adding a few features to your solution.

Startup 120

Startup Bandwidth Distribution Agile 120

Startup Lessons Learned

NOVEMBER 5, 2008

Lessons Learned by Eric Ries Wednesday, November 5, 2008 Getting educated about advertising, agencies, and media buyers I see lots of startups whose business plans revolve around selling high-value ad space to brand advertisers. Stevey's Blog Rants: Good Agile, Bad Agile Learning from Obama: maneuver warfare on the campa.

Advertising 60

Advertising San Francisco Media Continuous Deployment 60

Hearpreneur

JANUARY 5, 2022

It's important to keep business agile. My business plans for 2022 is to go for growth. To achieve this, I plan to outsource most of the tasks associated with my business. Since my business is 100% online, I can outsource talent from anywhere in the world and I plan to take advantage of this option.

Entrepreneur 112

Entrepreneur Affiliate Green Cloud 112

Startup Lessons Learned

SEPTEMBER 3, 2009

Ali G meets with business leaders and investors on Wall Street to learn how to create a new company around a new product idea. After some general lessons, he then proposes his first product idea, complete with flip charts, business plan, and marketing plan. Expo SF (May. Conference streaming, sponsors, discounted tickets.

San Francisco 104

San Francisco DC Continuous Deployment Lean 104

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. The time to seek funding is after you have successfully passed customer validation and have a scalable repeatable model.

Lean 260

Lean Silicon Valley Startup RSS 260

YoungUpstarts

SEPTEMBER 3, 2018

Then, you draft your business model and plan. First you draft an executive summary of your business plan. Then you write down a brief about your company and business model. Now it’s time to choose between setting up and in-house marketing team or hiring an external marketing agency.

Mobile 113

Mobile Developer Social Media Later Stage 113

Startup Lessons Learned

JULY 6, 2011

It enables a company to shift directions with agility, altering plans inch by inch, minute by minute. Rather than wasting time creating elaborate business plans, The Lean Startup offers entrepreneurs - in companies of all sizes - a way to test their vision continuously, to adapt and adjust before it’s too late.

Lean 167

Lean Startup Metrics Private Equity 167