Startup Professionals Musings

APRIL 4, 2022

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. It always reduces risk to plan your business first. Apply for contests and business grants. Join a startup incubator.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Startup Professionals Musings

MAY 17, 2020

I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Assume passion level defines business opportunity.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Startup Professionals Musings

DECEMBER 6, 2019

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. It always reduces risk to plan your business first. Nevertheless, it’s an option that doesn’t cost you equity.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Startup Professionals Musings

SEPTEMBER 25, 2021

The value is tied to infrastructure outside your control, such as a pervasive network of fuel stations, trained service facilities, and new government regulations. You need a viable business model and customers. I see too many technology solutions to world hunger, where constituencies don’t have money to sustain a business.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

Startup Professionals Musings

SEPTEMBER 7, 2018

This process costs money, which professional investors are not willing to contribute, since their interest is in scaling a proven product and business model into a growth business. Specifically, I often point to the NSF or the Small Business Innovation Research (SBIR) program for high-tech startups.

Early Stage 225

Early Stage SBIR Technical Review Seed Stage 225

Steve Blank

SEPTEMBER 5, 2018

These bubble startups were actually guessing at their business model and did premature and aggressive hype and early company launches and had extremely high burn rates – all predicated on an IPO to raise more cash. Companies struggle to compete while reconfiguring legacy distribution channels, pricing models and supply chains.

Lean 335

Lean Burn Rate Startup IPO 335

View from Seed

MARCH 20, 2020

Businesses will be forced to adapt to changing circumstances and seek opportunities to innovate. New, emerging business models will gain tailwinds that propel them forward to new horizons. This has the potential to dramatically reduce cost and increase access to higher education.

New York City 374

New York City Demand Technical Review Non-Compete 374

Startup Professionals Musings

JUNE 30, 2019

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. It always reduces risk to plan your business first. Apply for contests and business grants. Join a startup incubator.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Steve Blank

JUNE 27, 2017

Initially, a startup has no business model and no market share to defend. If they select a business model that targets industry incumbents, they don’t have to worry about upsetting existing customers, partners or distribution channels. Its employees and investors don’t depend on an existing revenue stream.

Startup 275

Startup New York City Valuation Distribution 275

David Teten

MARCH 31, 2012

I’m exceptionally excited to announce that I’m now Chairman and lead investor with some other angels in a new company, Spright Governance Inc. Spright is a spinoff of the Singaporean government, which will leverage their proven expertise and technology to run other cities, states, and nations globally. Photo credit: Wikipedia).

Government 154

Government Singapore New York City Non-Compete 154

Startup Professionals Musings

SEPTEMBER 9, 2019

Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Non-industrial large organizations cling to outdated business models. Government bail-outs do not promote innovation. The cost of entrepreneur entry is at an all-time low.

Engineer 219

Engineer Entrepreneur Offshore Merger 219

Hearpreneur

JANUARY 25, 2023

4- Drop-shipping enterprise Photo Credit: Matthew Magnante It's my proposal The drop-shipping business model involves selling things that are transported straight from the supplier to the client. Your business model involves cooking and delivering delicious meals to people at their places of employment or at their homes.

Software Review 118

Software Review Technical Review Artificial Inteligence Entrepreneur 118

Board Effect

JUNE 24, 2020

Just as not all corporations within the same industry have the same business model, nonprofit organizations all need to form the best business model that works for them. The right business model can help nonprofit organizations to successfully meet and resolve the challenges they face. Infrastructure.

Business Model 98

Business Model Forecast Government Programming 98

Steve Blank

SEPTEMBER 14, 2017

They accomplished their goal, but at a huge, unanticipated cost: the processes and committees they designed ended up strangling innovation. An existing company or government organization is primarily organized for day-to-day execution of its current business processes or mission. There’s a much better way. Three common mistakes.

Incubator 312

Incubator Curation Engineer Government 312

View from Seed

FEBRUARY 24, 2021

Patient-facing cost is a key driver of healthcare accessibility. Despite the structural and historical factors behind the incumbent cost structure of the US healthcare system, there are opportunities for new digital entrants to innovate around the cost stack and deliver more affordable care. . Affordability .

Vertical 156

Vertical Software Review Portfolio Demand 156

Startup Professionals Musings

JULY 14, 2014

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. It always reduces risk to plan your business first. Apply for contests and business grants. Join a startup incubator.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Steve Blank

MAY 9, 2017

In the 1970’s, 80’s and 90’s, momentum shifted to the enterprise as large businesses supported innovation in PCs, communications hardware and enterprise software. Government and the enterprise are now followers rather than leaders. and there were no books, blogs or YouTube videos about entrepreneurship. The founders.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

Steve Blank

OCTOBER 30, 2012

The class teaches founders how to dramatically reduce their failure rate through the combination of business model design, customer development and agile development using the Startup Owners Manual. The cost of attending a Startup Weekend Next is ridiculously inexpensive. Your team arrives with an initial Business Model Canvas.

Startup 335

Startup Lean Incubator Business Model 335

Steve Blank

OCTOBER 26, 2020

This is where I brought in the thinking of how we build businesses here in Silicon Valley. We needed to be building leveraged business models in scale. And for students of economics, you see the cost curve. Your marginal costs and your average costs of building software do not go down over time.

Artificial Inteligence 388

Artificial Inteligence Fractional CTO Technology CTO 388

Startup Professionals Musings

JULY 8, 2023

Other countries can provide e-commerce with different business models, outsource manufacturing at low cost, and a huge market for new products. Unpredictable forces, such as unrest in the Middle East and China, can quickly change energy cost equations, or availability of critical products.

China 295

China California Government Global 295

Startup Professionals Musings

JUNE 19, 2023

Create a formidable and durable business model. Your business model is your value proposition. Free” sounds like a great model, but it doesn’t imply value. Make your business model your competitive differentiation, like Fred Smith with Federal Express, or Ingvar Kamprad with IKEA. Government matters.

Entrepreneur 253

Entrepreneur United States Business Model Government 253

Steve Blank

NOVEMBER 24, 2010

the failure rate of new ventures (startups had no formal rules and were a hit or miss proposition), the slow adoption rate of new technologies by the government and large companies. Today open source software has slashed the cost of software development from millions of dollars to thousands. The Democratization of Entrepreneurship.

Silicon Valley 335

Silicon Valley United States Venture Capital Software Review 335

Startup Professionals Musings

FEBRUARY 19, 2013

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. It always reduces risk to plan your business first. Apply for contests and business grants. Join a startup incubator.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. It always reduces risk to plan your business first. Nevertheless, it’s an option that doesn’t cost you equity.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

YoungUpstarts

MARCH 22, 2019

Stay compliant with ATO and government legislation through automated updates to tax and payroll processes. Forecasting how much you need to start your business will, of course, depend on many things, including: Premises – lease establishment, renovations, signage etc. Provide real-time stock and inventory levels.

Software Review 176

Software Review Due Diligence Startup Stock 176

Startup Professionals Musings

OCTOBER 2, 2023

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. They believe in you above all else.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

Startup Professionals Musings

SEPTEMBER 26, 2020

Create a formidable and durable business model. Your business model is your value proposition. Free” sounds like a great model, but it doesn’t imply value. Make your business model your competitive differentiation, like Fred Smith with Federal Express, or Ingvar Kamprad with IKEA. Government matters.

United States 429

United States Business Model Government Differentiation 429

Startup Professionals Musings

SEPTEMBER 8, 2018

The value is tied to infrastructure outside your control, such as a pervasive network of fuel stations, trained service facilities, and new government regulations. You need a viable business model and customers. I see too many technology solutions to world hunger, where constituencies don’t have money to sustain a business.

Technical Review 215

Technical Review Intellectual Property Early Stage Global 215

Startup Professionals Musings

APRIL 26, 2021

Of course, you can find these elements embodied in many of the business plan templates and tools out there, such as the Business Model Canvas. The business proposals I see often target multiple unrelated segments, such as consumers, enterprises, and government. Show a cost margin of at least fifty percent.

Intellectual Property 332

Intellectual Property Angel Investor Business Model Channel 332

Startup Professionals Musings

AUGUST 7, 2023

The cost of doing business in any market is heavily dependent on local transportation, energy, technology, and financial services. These components can totally change your customer value proposition, or the business model that you have honed. Re-validate your business model in every market.

Global 276

Global Algorithm Business Model Social Media 276

Startup Professionals Musings

NOVEMBER 24, 2013

Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Non-industrial large organizations cling to outdated business models. Government bail-outs do not promote innovation. The cost of entrepreneur entry is at an all-time low.

Entrepreneur 263

Entrepreneur Offshore Merger Technical Review 263

Startup Professionals Musings

OCTOBER 17, 2020

Other countries can provide e-commerce with different business models, outsource manufacturing at low cost, and a huge market for new products. Unpredictable forces, such as unrest in the Middle East and China, can quickly change energy cost equations, or availability of critical products.

Customer 417

Customer Startup China California 417

Startup Professionals Musings

SEPTEMBER 23, 2017

Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Non-industrial large organizations cling to outdated business models. Government bail-outs do not promote innovation. The cost of entrepreneur entry is at an all-time low.

Offshore 139

Offshore Merger Technical Review Distribution 139

Startup Professionals Musings

APRIL 12, 2021

In my experience as a business advisor and occasional investor, many of you won’t make it that far, succumbing to the high costs of getting those first customers, funding an initial inventory, and building an operational support process. Actively seek out government and local incentives.

Dilution 404

Dilution Incubator Bootstrapping Government 404

Steve Blank

JANUARY 25, 2022

Companies in the semiconductor ecosystem make chips (the triangle on the left) and sell them to companies and government agencies (on the right). Those companies and government agencies then design the chips into systems and devices (e.g. and sell them to consumers, businesses, and governments. Chip Foundries.

Taiwan 436

Taiwan IP Artificial Inteligence Intellectual Property 436

Startup Professionals Musings

JANUARY 18, 2021

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. They believe in you above all else.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

Startup Professionals Musings

JULY 14, 2023

That leads to switching costs, sunk costs, brand equity, and a host of other considerations, commonly called “barriers to entry.” If you new vehicle costs too much, people take the bus. One of the key sections of every entrepreneur’s business plan is the analysis of the competition. Utility of alternative solutions.

Differentiation 220

Differentiation Framework Equity Business Plan 220