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5 Pitfalls to Avoid When Transforming Your Business

Startup Professionals Musings

No matter how well your business seems to have worked for you up to this point, you can be certain that it will need to be heavily transformed for tomorrow’s new world-wide economy and no industry sector boundaries. Most great business leaders, including Jeff Bezos , maintain a key internal team to study and implement the next steps.

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9 Business Model Components For New Business Funding

Startup Professionals Musings

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. Key partners. Every partner has their own set of activities and required resources. Key resources. Try this one. Marty Zwilling.

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10 Business Model Components Required In Every Plan

Startup Professionals Musings

You can’t succeed in business without an operational model that delivers value to customers at a reasonable price, with an underlying cost that allows you to make a profit. The most common failures are solutions looking for a problem, lack of a defined market, or an inadequate revenue model. Revenue model.

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Even the Smartest VCs Sometimes Get it Wrong – Bill Gurley and Regulated Markets

Steve Blank

State Regulation In addition to federal laws, each State has its own regulatory environment that applies to businesses operating within the state in areas such as land-use , zoning, motor vehicles, state banking, building codes, public utilities, drug laws, etc. The book Regulatory Hacking calls this diagram the Power Map.

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Why Big Companies Can’t Innovate

Steve Blank

My friend Ron Ashkenas interviewed me for his blog on the Harvard Business Review. Ron is a managing partner of Schaffer Consulting , and is currently serving as an Executive-in-Residence at the Haas School of Business at UC Berkeley. His latest book is Simply Effective.

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[INTERVIEW] Brandon Seigel, President, Wellness Works Management Partners, Madison, Wisconsin

YoungUpstarts

Now, with his business Wellness Works Management Partners, Brandon manages multiple private practices and consults with entrepreneurs and health practitioners worldwide. Describe your professional background and how it led you to create Wellness Works Management Partners. What does Wellness Works Management Partners do?

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The Traction Gap Framework: Four Pillars Of Startup Success

YoungUpstarts

by Bruce Cleveland, Founding Partner at Wildcat Venture Partners and author of “ Traversing the Traction Gap “ As we continue our exploration of the Traction Gap Framework® – a step-by-step approach that startup teams can use to go from ideation to preparing to scale – I will walk you through the principles.

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