Steve Blank

APRIL 23, 2014

For decades large companies have gone shopping in Silicon Valley for startups. What can companies learn from others’ failed efforts to integrate startups into large companies? The answer - there are two types of integration strategies, and they depend on where the startup is in its lifecycle. The Innovation Portfolio.

Acquisition 333

Acquisition Intellectual Property Silicon Valley Startup 333

Startup Professionals Musings

OCTOBER 15, 2022

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. As with most business and personal interactions, first impressions tend to become lasting ones. Others send investors email and business plans in all uppercase or no punctuation.

Intellectual Property 278

Intellectual Property Angel Investor Early Stage Venture Capital 278

YoungUpstarts

AUGUST 27, 2020

Entrepreneurs are currently looking at an environment that is unlike any other seen in the history of commerce, while leaders of businesses and startups have to think on-the-fly to learn what potential customers need most right now. New business realities present unique opportunities for startups. Healthcare.

Entrepreneur 246

Entrepreneur Technical Review Startup LLC 246

Steve Blank

SEPTEMBER 5, 2018

A version of this article first appeared in the Harvard Business Review. Since NewTV won’t be making the content, they will be licensing from and partnering with traditional entertainment producers. NewTV will depend on partners like telcos to distribute the content. But NewTV doesn’t plan on testing these hypotheses.

Lean 335

Lean Burn Rate Startup IPO 335

The Startup Magazine

MARCH 14, 2022

And with the technology available these days, it is convenient to invest in emerging startups. Are you wondering how to invest in startups in India? The digital startup craze. The world is about to see a new generation propagating the Indian startup investing industry. Sectors witnessing a startup boom. Media tech.

Technical Review 146

Technical Review Due Diligence India Startup 146

Startup Professionals Musings

MARCH 3, 2023

Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. Just for clarification, I characterize a product plan as a formal description of your product or service, with a quick business description at the end for effect.

Business Plan 280

Business Plan Product Architecture Business Model 280

Startup Professionals Musings

JANUARY 13, 2020

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. As with most business and personal interactions, first impressions tend to become lasting ones. Others send investors email and business plans in all uppercase or no punctuation.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

Startup Professionals Musings

OCTOBER 14, 2023

If you sold your last startup for $800 million, you probably already know how to build a business, and even conservative investors won’t worry about the quality of your next business plan. A great business plan doesn’t have to be a book in length, with extensive financial statements. I hope not.

Silicon Valley 257

Silicon Valley Exit Strategy Startup Business Plan 257

Up and Running

AUGUST 30, 2017

Working out a business plan for your daycare center can be a challenge. As someone who owns eight successful daycares in the Chicago area, I know the strategies and approaches that work when it comes to developing a sound business plan for a daycare center. What is your business model?

Business Plan 93

Business Plan SBA Software Review Advisory Board 93

Up and Running

AUGUST 28, 2018

If you’re thinking about starting an outpatient medical practice, one of the first things you should do is write a business plan. There are a few different types of business plans , depending on how you intend to use it. There are a few different types of business plans , depending on how you intend to use it.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Startup Professionals Musings

JUNE 20, 2016

In my angel investor mode, I often find myself flipping to the “management” section of a business plan, even before I read the solution description and opportunity. Building a startup business is not the same as corporate executive experience, so prior titles in a big business may actually be seen as a negative.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Startup 152

Steve Blank

AUGUST 29, 2011

What makes startups succeed or fail? More than 90% of startups fail, due primarily to self-destruction rather than competition. For the less than 10% of startups that do succeed, most encounter several near death experiences along the way. Three months ago I wrote about my ex-student Max Marmer and the Startup Genome Project.

Software Review 298

Software Review Early Stage Technical Review Startup 298

Startup Professionals Musings

JULY 1, 2013

I challenge any startup to show me they have avoided all of these: One of the founders isn’t delivering. You never dreamed that customers would be slow to accept an unproven product from an unknown startup in the middle of an economic downturn. Investment partners are squeezing you. The team is not getting along. Marty Zwilling.

Founder 250

Founder Startup Software Developers Software Development 250

Steve Blank

JUNE 26, 2014

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses.

Intellectual Property 287

Intellectual Property Lean IP Open Source 287

Steve Blank

FEBRUARY 23, 2013

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. He is a co-author of The GE Work-Out and The Boundaryless Organization.

Business Model 334

Business Model Technical Review Business Plan Search 334

Startup Professionals Musings

JANUARY 7, 2013

Based on the final report for 2012 from Thomson Reuters and the National Venture Capital Association (NVCA), it may appear that IPOs are back as a viable startup exit strategy. The market and venture capitalists are looking for business, but with a continuing focus on proven business models.

Venture Capital 252

Venture Capital IPO Elevator Pitch Initial Public Offering 252

Steve Blank

OCTOBER 24, 2014

—— The Lean Startup process builds new ventures more efficiently. It has three parts: a business model canvas to frame hypotheses, customer development to get out of the building to test those hypotheses and agile engineering to build minimum viable products. Integration with Customer Development and Lean Startup.

Business Model 335

Business Model Design Customer Development Lean 335

Startup Professionals Musings

JULY 9, 2017

New entrepreneurs are always looking for a shortcut in getting their venture story and plan across to investors, and closing on the funding they need. 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.

Business Model 143

Business Model Intellectual Property Startup Angel Investor 143

Steve Blank

FEBRUARY 23, 2013

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. Big Companies versus Startups: Durant versus Sloan Business Model versus Business Plan'

Business Model 226

Business Model Business Plan Technical Review Search 226

Startup Professionals Musings

MARCH 6, 2011

I challenge any startup to show me they have avoided all of these: One of the founders isn’t delivering. You never dreamed that customers would be slow to accept an unproven product from an unknown startup in the middle of an economic downturn. Investment partners are squeezing you. The team is not getting along.

Startup 245

Startup Software Developers Software Development Business Model 245

Startup Professionals Musings

AUGUST 31, 2012

Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. It’s hard to build a business without a plan, just like it’s hard to build a house without a blueprint. It doesn’t prove your business model of pricing, distribution, and support.

Intellectual Property 260

Intellectual Property Sweat Equity CTO Hire Fractional CTO 260

Steve Blank

APRIL 8, 2010

I think my startup is going to fail even before I get funded.” He said, “After we graduated we took our great idea, holed up in my apartment and spent months researching and writing a business plan. We even entered it in the business plan competition. We even entered it in the business plan competition.

Business Model 331

Business Model Business Plan Customer Cap Table 331

Startup Professionals Musings

APRIL 19, 2020

Investors will tell you that they love to put money into startups that are scalable, and ready to become the next unicorn. Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Investors don’t invest in services startups. But what does that really mean?

Hockey Stick 386

Hockey Stick Intellectual Property Startup Non-Compete 386

Startup Professionals Musings

JULY 29, 2023

You are destined to die full of potential if you do not have the courage to make your dream come alive with a prototype, a business plan, and an implementation team. A business entity has to be created and real resources applied. Venture where no business has gone before. Never give up in the face of adversity.

Startup 264

Startup Early Stage Social Media Business Model 264

VC Cafe

JULY 29, 2012

Adopting the models of Emotional Intelligence to startups. So, to build a successful product, startups need to really understand their users – what motivates them, how do they ‘work’, what do they respond to. 3) Motivate yourself and your team – no one is going to lay out your strategy and plan for you.

Engineer 145

Engineer Technical Review Software Review Startup 145

Startup Professionals Musings

DECEMBER 6, 2014

As a startup mentor, I’m always amazed that some entrepreneurs seem to be an immediate hit with investors, while others struggle to get any attention at all. As with most business and personal interactions, first impressions tend to become lasting ones. Others send investors email and business plans in all uppercase or no punctuation.

Angel Investor 268

Angel Investor Intellectual Property Entrepreneur Early Stage 268

The Startup Magazine

AUGUST 31, 2019

However, these people often fail at the execution because they don’t properly plan for their startups. Some of the most common reasons for startup failure include lack of market need, a wrong product, and ineffective marketing. Apart from your offerings, you also need to determine your business model.

Business Plan 122

Business Plan Startup Differentiation Balance Sheet 122

Steve Blank

MARCH 8, 2011

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. We were positing that 20 years of teaching “how to write a business plan” might be obsolete. – not just web-based startups.

Lean 304

Lean Business Model Customer Development Guinea 304

Startup Professionals Musings

JUNE 17, 2011

Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. It’s hard to build a business without a plan, just like it’s hard to build a house without a blueprint. It doesn’t prove your business model of pricing, distribution, and support.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

SoCal CTO

JUNE 9, 2010

Continuing my series of posts that I’ve been collecting that live at the intersection of Startups and being a Startup CTO : Startup CTO Top 30 Posts for April 16 Great Startup Posts from March here are the top posts from May 2010. For a micro-ISV, selling to big businesses can be more lucrative than selling to consumers.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

Startup Professionals Musings

MAY 31, 2020

Serious investors, on the other hand, look for a professional business plan or summary first, and hardly ever look at the product plan. Just for clarification, I characterize a product plan as a formal description of your product or service, with a quick business description at the end for effect.

Entrepreneur 310

Entrepreneur Architecture Business Plan Startup 310

Steve Blank

FEBRUARY 16, 2012

Alexander Osterwalder and I spent last week in Salt Lake City, Utah as judges at the 2 nd Annual International Business Model Competition , hosted by Professor Nathan Furr , and his team at the BYU Center for Entrepreneurship. The Business Plan ?- And your revenue plan is something more than a hallucination.

Business Model 267

Business Model Customer Development Utah Business Plan 267

Startup Professionals Musings

JANUARY 14, 2023

Investors will tell you that they love to put money into startups that are scalable, and ready to become the next unicorn. Simply stated, it means that your business has the potential to multiply revenue with minimal incremental cost. Investors don’t invest in services startups. But what does that really mean?

Hockey Stick 339

Hockey Stick Intellectual Property Non-Compete Business Model 339

Startup Professionals Musings

NOVEMBER 14, 2010

After considering about 200 investment opportunities over the past two years, we have established a decision making process to identify trophy entrepreneurs and startups. There is no product idea good enough to overcome bad partners. Unfortunately, we read far more poorly written business plans at Main Street than good ones.

Intellectual Property 265

Intellectual Property Balance Sheet Phoenix Arizona 265

YoungUpstarts

APRIL 7, 2016

With countless roadblocks along the way, it’s not uncommon for a startup to falter to the point of folding before it has ever reached even the simplest of business goals. The solution: Startup Labs. What is a Startup Lab? The Startup Lab usually takes equity in return for talent that is dedicated to the company.

Seed Stage 100

Seed Stage Silicon Valley Incubator Asia 100

Steve Blank

JULY 13, 2021

By the end of the 20th century, case studies and business plans had reached an evolutionary dead-end for entrepreneurs. The Rise of Business Schools – Management as an Occupation. The business school was invented in the first decade of the 20th century in response to a massive economic transformation in the U.S.

Lean 436

Lean Agile Business Model Business Plan 436

Startup Professionals Musings

JANUARY 31, 2021

If you sold your last startup for $800 million, you probably already know how to build a business, and even conservative investors won’t worry about the quality of your next business plan. A great business plan doesn’t have to be a book in length, with extensive financial statements. I hope not.

Silicon Valley 342

Silicon Valley Exit Strategy Business Plan Restful 342