Startup Professionals Musings

DECEMBER 2, 2022

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. The most common failures are solutions looking for a problem, lack of a defined market, or an inadequate revenue model. Distribution.

Business Model 256

Business Model Distribution Viral Green 256

Startup Professionals Musings

JUNE 10, 2016

Even the best products and solutions won’t go anywhere unless you sell them through the right channels. For example, if you watch the TV show “Shark Tank,” you will remember several entrepreneurs with specialty products doing well online who want money to move into big box retail. Resist the channel sales pitch for exclusivity.

Channel 120

Channel Distribution Partner Acquisition 120

Startup Professionals Musings

FEBRUARY 12, 2023

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. A business plan is for you first, not investors.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

Startup Professionals Musings

MAY 17, 2020

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. A business plan is for you first, not investors.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Steve Blank

APRIL 21, 2011

This week they were testing their hypotheses about the sales “Channel” – how a company delivers its value proposition (i.e. There are two major channels: physical channels and virtual (web/mobile) channels. Virtual channels include Dedicated e-commerce, Two-step e-distribution and Aggregators.

Channel 215

Channel Artificial Inteligence San Francisco Business Model 215

Startup Professionals Musings

NOVEMBER 24, 2013

On the other hand, everyone wants to be an entrepreneur. I agree with Sharma that it’s time to move on to a new way of thinking, living, and doing business, especially after the recent demoralizing recessionary times. Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model.

Entrepreneur 263

Entrepreneur Offshore Merger Technical Review 263

Startup Professionals Musings

JANUARY 18, 2014

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. Leverage your customer conversations to predict and validate your business model.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

Startup Professionals Musings

MAY 15, 2019

Steve Blank via Flickr by jdlasica I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. These areas include market, process, and team transitions.

Startup 245

Startup Angel Investor Technical Review Incubator 245

Steve Blank

SEPTEMBER 5, 2018

NewTV will depend on partners like telcos to distribute the content. Given Verizon just shut down Go90 , its short form content video service, it will be interesting to see if Verizon distributes Katzenberg’s offerings.). Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

DECEMBER 11, 2022

After many years of working with angel investors seriously trying to find new ventures worthy of their hard-earned money, I find their frustration often exceeds that of entrepreneurs sincerely looking for financial help. Undefined business model or very low gross margins. Future unproven projections don’t set today’s valuation.

Due Diligence 271

Due Diligence Intellectual Property Entrepreneur Preferred Stock 271

YoungUpstarts

MARCH 4, 2020

It will enable individuals to understand the travellers’ needs and expectations intimately which can result in new hospitality business models. Intermediation and re-intermediation of tourism channel partners such as Airbnb can happen too. Are there any specific courses which are beneficial for any entrepreneur-to-be?

Technical Review 165

Technical Review Singapore Artificial Inteligence Myanmar 165

The Startup Magazine

AUGUST 11, 2023

One needs to evaluate their go-to-market strategy, distribution channels, scalability, execution team, and so on at this time. During the pre-seed fundraising stage, investors need a viable business plan to base their investments on. This is partly because information beyond the founding team and a pitch deck are scarce.

Seed Stage 126

Seed Stage Technical Review Early Stage Due Diligence 126

ReadWriteStart

JULY 7, 2021

Various business models in an on-demand courier delivery app. Business to Consumer (B2C) – It is the most common type of business model. Why is an Uber for courier app a viable business idea for entrepreneurs? Multiple pick-up points along the route ensure the timely delivery of parcels.

Technical Review 163

Technical Review Artificial Inteligence Demand Social Media 163

Startup Professionals Musings

MAY 12, 2017

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. Leverage your customer conversations to predict and validate your business model.

Startup 161

Startup Angel Investor Technical Review Incubator 161

Startup Professionals Musings

SEPTEMBER 23, 2017

On the other hand, everyone wants to be an entrepreneur. His focus is on entrepreneurs in America, but what he says applies to every other country as well. I agree with Sharma that it’s time to move on to a new way of thinking, living, and doing business, especially after the relatively recent demoralizing recessionary times.

Offshore 139

Offshore Merger Technical Review Distribution 139

Steve Blank

MAY 6, 2015

While it sounds simple , the Build Measure Learn approach to product development is a radical improvement over the traditional Waterfall model used throughout the 20 th century to build and ship products. Back then, an entrepreneur used a serial product development process that proceeded step-by-step with little if any customer feedback.

Lean 120

Lean Agile Business Model Customer Development 120

Startup Professionals Musings

DECEMBER 20, 2012

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. Leverage your customer conversations to predict and validate your business model.

Startup 296

Startup Angel Investor Technical Review Incubator 296

ReadWriteStart

JANUARY 25, 2020

On the topic of ecommerce, one wonders to what extent this business model is applicable, and where is it likely to end? This is the prime question that goes through most online retailers, entrepreneurs today. It’s the extent of this phenomenon that has resulted in soaring businesses across the world. Marketing Channels.

eCommerce 152

eCommerce Technical Review Social Media Analytics 152

Steve Blank

MARCH 26, 2019

It’s hard to imagine, but only a decade ago, the capstone entrepreneurship class in most universities was how to write – or pitch- a business plan. As a serial entrepreneur turned educator, this didn’t make sense to me. In my experience, I saw that most business plans don’t survive first contact with customers. I-Corps @ NIH ).

Lean 248

Lean Business Model Balance Sheet Video 248

Startup Professionals Musings

DECEMBER 14, 2015

Image via Flickr by Side Wages Some entrepreneurs forget that they need an innovative business model along with an innovative solution to have a successful startup. Inventors alone, or business gurus alone, generally fail. Investors want proof of a business model and real customer revenue, as well as a product.

Technical Review 120

Technical Review Startup Angel Investor Social Media 120

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

VC Cafe

MARCH 1, 2024

That’s why lists like Ycombinator’s Requests for Startups (RFS) help entrepreneurs thinking about starting a company (or picking a problem) and can be a good barometer for founders on what’s interesting to investors right now.

Artificial Inteligence 176

Artificial Inteligence Technical Review Software Review Generative AI 176

ReadWriteStart

SEPTEMBER 8, 2020

Still, COVID-19 helped tip the balance towards a globally distributed model. And finally, running subsidiaries and offices in numerous countries push business owners into overcoming mental barriers to global expansion. A globally distributed business model allows you to hire the best talent wherever in the world it is.

Distribution 145

Distribution Global Agile Startup 145

View from Seed

SEPTEMBER 12, 2017

The old brands and distribution channels are dead or dying. But while that particular model has seen success, it certainly won’t be the only way that companies will be able to create greater personalization and serendipitous discovery for their customers. Most apparel purchases are now in some way influenced by the internet.

Internet 209

Internet eCommerce Bankruptcy Technical Review 209

Startup Professionals Musings

SEPTEMBER 19, 2011

I see more and more entrepreneurs who seem to have everything going for them – vision, motivation, passion, even a good business plan, product, and money, and yet they can’t close customers. Nail the business model. Leverage your customer conversations to predict and validate your business model.

Startup 286

Startup Angel Investor Technical Review Incubator 286

Steve Blank

JANUARY 22, 2014

Part 1: Bend, Oregon Ecosystem and Entrepreneurs. Few entrepreneurs find this scalable and repeatable business model because it’s not easy. Few entrepreneurs find this scalable and repeatable business model because it’s not easy. Part 2: Early-stage Regional Venture Funds. ——-.

Early Stage 286

Early Stage Silicon Valley Oregon Technical Review 286

Startup Professionals Musings

AUGUST 31, 2018

I’m sure you can all think of several examples of businesses that popped up quickly, with great business models, but then faded just as quickly. For example, you may have a product, but not a strong distribution channel. Examples would include Pets.com, Webvan, and Blockbuster.

Angel Investor 167

Angel Investor Dilution Software Review Distribution 167

Startup Professionals Musings

APRIL 26, 2021

As a long-time advisor to entrepreneurs and occasional angel investor, I often see and hear innovative product pitches that sound exciting, but are missing one or more of the key business elements that investors deem critical for funding consideration. Free” is not an exciting business model for investor interest.

Intellectual Property 332

Intellectual Property Angel Investor Business Model Channel 332

Startup Professionals Musings

JANUARY 13, 2014

The real milestone, proving the business model, is that first product sold for full price to a total stranger, leaving him happy. I still see too many entrepreneurs who build a product and spend lots of money because THEY are in love with the idea or technology. You need a sales channel that works, and one you can afford.

Business Model 248

Business Model Sales Customer Distribution 248

Startup Professionals Musings

MAY 14, 2012

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. I support her assertion that a business model consists of at least the first seven of the following ten basic elements: Value proposition.

Business Model 242

Business Model Distribution Viral Green 242

Startup Professionals Musings

FEBRUARY 22, 2015

On the other hand, everyone wants to be an entrepreneur. In his recent book “ The 3rd American Dream ,” thought leader Suresh Sharma summarizes the large corporate accomplishments of the 19 th and 20 th centuries, and then lays out the potential of a new entrepreneurial business ecosystem for the 21 st century.

Offshore 120

Offshore Startup Merger Technical Review 120

Steve Blank

JANUARY 21, 2016

You must also understand the value the product provides customers (along with the rest of your business model.). These topics were the focus of interviews with the latest guests on Entrepreneurs are Everywhere , my radio show on SiriusXM Channel 111 (airing weekly Thursdays at 1 pm Pacific, 4 pm Eastern). Tiffani Bell.

Detroit 120

Detroit Baltimore Entrepreneur Cofounder 120

Startup Lessons Learned

MAY 9, 2012

TLDR: Brant Cooper and Patrick Vlaskovits , authors of The Entrepreneur's Guide to Customer Development are back with a new book called The Lean Entrepreneur. They are launching their next book, a true field guide for entrepreneurs, called The Lean Entrepreneur: How to Create Products, Innovate with New Ventures, and Disrupt Markets.

Entrepreneur 167

Entrepreneur Lean Southern California San Diego 167

Startup Professionals Musings

SEPTEMBER 28, 2015

Too many entrepreneurs look for that one magic bullet -- an exciting new technology, perhaps, or their own determination to make the world a better place -- to override any shortcomings in their startup model. Yet, magic bullets are not sufficient to assure business success. Product distribution or service delivery.

Exit Strategy 120

Exit Strategy Technical Review Distribution Viral 120

Startup Professionals Musings

DECEMBER 29, 2010

In these days of rapid change, almost every startup has to adapt their solution, business model, or target customer. You need to find vendors who can deliver in less cost and time than competitors, and build distribution and support channels. Leverage the technology to change directions as needed.

Entrepreneur 236

Entrepreneur Database Early Stage Distribution 236

Hearpreneur

MAY 15, 2019

No matter the tale, the background behind each and every business is what fuels each and brand. We asked some entrepreneurs and business owners, why they started their businesses: #1- For me. So I took $2,000 from my income refund check started what would become an award-winning cleaning business. 28- Found my why.

Fractional CTO 122

Fractional CTO Entrepreneur CTO Hire LLC 122

Startup Professionals Musings

JANUARY 29, 2011

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. I support her assertion that a business model consists of at least the first seven of the following ten basic elements: Value proposition.

Business Model 246

Business Model Distribution Viral Green 246