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Why GE’s Jeff Immelt Lost His Job – Disruption and Activist Investors

Steve Blank

In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup. Are lean innovation and the Startup Way a failure in large companies?

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What is the Right Burn Rate at a Startup Company?

Both Sides of the Table

We want a strong balance sheet (um, ok. but that’s our firm’s money on your balance sheet. ” Stay lean and only raise a big round if you DO find product / market fit and which point you want to loosen the belt quickly and raise the capital to do so. Think DropBox, Airbnb, Uber, Maker Studios.

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Lean Planning Drives Growth For Small Business

Up and Running

After 5 years of being CEO of Palo Alto Software , and over 15 years in the start-up and entrepreneurial world I am convinced that the only way to grow your company as quickly as possible, while not getting ulcers, becoming an insomniac, and aging more than your years, is to engage in Lean Planning. what is Lean Planning?

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Turn What-if to What-Now: The Importance of Scenario Analysis

Up and Running

” It’s been a favorite management tool of mine since my time as VP for a market research firm, and it’s a method I used for decades growing a software company from zero to well over $10 million in annual sales. You have to have good numbers to optimize your management. How to conduct a scenario analysis.

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How to Think About (and Reduce) Risk When You’re Starting Your Own Business

Up and Running

A bank or fund manager will always ask you what is your appetite for risk; is it low, medium, or high? Write a Lean Business Plan. Your business plan can be a Lean Plan , meaning that it doesn’t need to be lengthy. If you’ve heard of a Business Model Canvas, a Lean Plan is a much more useful alternative.

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How to Write a Business Plan: Use This Checklist to Keep Yourself on Task

Up and Running

The business plan, in its many different formats, can be used for a variety of purposes, including validating an idea, getting funded, and managing a business successfully. If you’re creating a plan to manage your business once you’re up and running, a Lean Plan will suit you best. Write the company and management summary.

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How To Build A Great Business Plan – Checklist 2020

YoungUpstarts

Company and management summary. The Company and management chapter describes your current team members and who you need to hire to improve your business in the future. Balance sheet . ? Pro Tip: Lean Startup Format. To explain or start your business quickly, you can consider a Lean startup business plan format.