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Use agile budgeting to manage your cash

David Teten

Or executives fail to take advantage of a great marketing opportunity with a December 31 deadline because they do not have budget. . So here’s the solution I have recommended to some of my portfolio companies: “ agile budgeting ”, i.e., monitoring a few key variables while giving managers significant flexibility.

Agile 60
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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. IPOs dried up.

Lean 335
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30 Entrepreneurs Share Their Takeaways From 2022

Hearpreneur

By gaining insight into their customer’s behavior and preferences, businesses can identify which technologies will have the most impact on their current operations and help them to stay ahead of their competitors. billion monthly users, and it quickly became a go-to platform for brands looking to increase their distribution and reach.

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How To Find the Right Co-Founders?

Steve Blank

While most of the early attention in a startup is paid to finding product market fit ( the match between value proposition and customer segment on the right-side of the canvas) it’s the left side of the canvas that will tell you what your founding team should look like. So What Does this Have to Do With A Founding Team?

Cofounder 335
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I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

Agile Engineering” to have teams prototype, test, and iterate their idea while discovering if they have a profitable business model. Value Propositions and Customer Segments are covered in weeks 1 and 2, emphasizing the search for problem/solution and then product/market fit. That works for almost all markets.

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6 Reasons Startups Should Skip the Big-Bang Launch

Startup Professionals Musings

But for startups with limited resources and experience, I always recommend a soft launch or toe-in-the-water approach in a local market -- and scale up later. Startups which insist on operating in stealth mode in fear of competitor response miss the more important customer response. Maximum agility for required pivots.

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How to Relate Your Technology to Business Values

Startup Professionals Musings

For the business leaders I know, these priorities almost always include the following: Business agility. Implicit in agility is increased productivity on change initiatives. In today’s world of distributed data, global reach, and powerful incursion technologies, how do I protect my data and my customers’ data? Data security.