Startup Professionals Musings

DECEMBER 6, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Apply for contests and business grants. Commit to a major customer.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Startup Professionals Musings

MAY 17, 2020

The discipline of writing down your plan is the best way to make sure you understand how to transform your idea into a business, and how to communicate it. Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

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

Startup Professionals Musings

JANUARY 13, 2020

Message delivery must be customized for each investor. It takes more than one person to build a business, so the lone entrepreneur, without support from any visible team, advisors, partners, or potential customers, will not attract investors. Registered patents and other intellectual property.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

Gust

JANUARY 4, 2012

Last month we covered the basics of intellectual property (IP) for startups, including a simple taxonomy, some common issues and related documents for entrepreneurs to use when forming a new startup. How much risk do IP issues in the aggregate pose to our business ? Is there anything we can do about it?

Intellectual Property 143

Intellectual Property IP Startup United States 143

Steve Blank

APRIL 23, 2014

Most large companies manage three types of innovation: process innovation (making existing products incrementally better), continuous innovation (building on the strength of the company’s current business model but creating new elements) and disruptive innovation (creating products or services that did not exist before.).

Acquisition 333

Acquisition Intellectual Property Silicon Valley Startup 333

Startup Professionals Musings

JUNE 30, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Apply for contests and business grants. Commit to a major customer.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Startup Professionals Musings

JULY 14, 2014

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Apply for contests and business grants. Commit to a major customer.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Steve Blank

JUNE 19, 2014

110 researchers and clinicians, and Principal Investigators got out of the lab and hospital, and talked to 2,355 customers, tested 947 hypotheses and invalidated 423 of them. clinical utility, customer, quality of data, reimbursement, what parts of the product are valuable, roles of CRO’s , and partners, etc.,)

Lean 274

Lean SBIR Intellectual Property Customer Development 274

Startup Professionals Musings

FEBRUARY 19, 2013

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Apply for contests and business grants. Commit to a major customer.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

APRIL 21, 2023

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Business risks are not just development risks. Innovative technologies have no value until they are turned into solutions to real customer problems. Ownership.

Intellectual Property 343

Intellectual Property Metrics .Net Social Network 343

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Apply for contests and business grants. Commit to a major customer.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Steve Blank

JANUARY 30, 2013

With hindsight we should have had “proof of concepts” tested in a corporate center (think ‘pop-up incubator’) where they would do extensive Customer Discovery. We should had done this before assigning the teams to a particular business unit (or had the ability to create a new business unit, or spin the team out of the company).

Programming 270

Programming Technical Review Incubator Intellectual Property 270

Startup Professionals Musings

DECEMBER 6, 2014

Message delivery must be customized for each investor. It takes more than one person to build a business, so the lone entrepreneur, without support from any visible team, advisors, partners, or potential customers, will not attract investors. Registered patents and other intellectual property.

Angel Investor 268

Angel Investor Intellectual Property Entrepreneur Early Stage 268

The Startup Magazine

MARCH 29, 2024

This isn’t just about having a eureka moment; it’s about understanding the problem you’re solving and why it matters to your potential customers. Designing Your Business Model Crafting a business model is like building a blueprint for your venture.

Intellectual Property 135

Intellectual Property Angel Investor Business Model Bootstrapping 135

Startup Professionals Musings

MAY 1, 2021

Aspiring entrepreneurs ask me why their great idea hasn’t sold; they talk about it endlessly, and they expect others to do the development, finance, and marketing work for them. It can also be very inspiring, as you watch your dream morph into reality, or as you feel each little element of success: Watch your team develop new skills.

Sweat Equity 400

Sweat Equity Intellectual Property Startup Viral 400

Women Entrepreneurs Can

SEPTEMBER 6, 2020

Obtaining financial, taxation, and legal advice might seem unnecessary, but the additional assistance can guide your business into growing in a way that minimizes surprises, troubles, and unwanted liabilities. Legally Secure Your Intellectual Property Position. Register the trademarks that you will use in your business.

Intellectual Property 59

Intellectual Property Startup Government Technical Review 59

Startup Professionals Musings

APRIL 30, 2012

This is the origin of the “solution looking for a problem” and “if we build it, they will come” syndromes, which result in surprise and frustration waiting for funding, and waiting for customers that don’t materialize. Develop the solution with your technology, and develop a strategy to maximize your impact in the marketplace.

Intellectual Property 248

Intellectual Property Startup IP Finance 248

Up and Running

AUGUST 24, 2020

Here are just a few things you can do by leveraging data analytics: Gain a better understanding of changing customer preferences Discover new business opportunities Identify and eliminate bottlenecks in your operations Minimize and better allocate advertising costs Provide greater customer support through automated chat.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Startup Professionals Musings

JULY 8, 2015

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Apply for contests and business grants. Commit to a major customer.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Startup Professionals Musings

DECEMBER 11, 2022

Getting investors to trust you with their money is always a challenge, and it’s even more difficult in the early stages, where you don’t have a significant revenue stream, a few customers, or maybe even a product yet. Here is my list of red flags that cause many investors to look elsewhere: No well-defined need or viable customer set.

Due Diligence 271

Due Diligence Intellectual Property Entrepreneur Preferred Stock 271

Up and Running

SEPTEMBER 19, 2018

Write your business plan and develop your business model with this in mind so you can avoid these issues. . You can choose from a few different types of business plans depending on your needs. If you’re seeking investment, you need a traditional business plan. Target market: Who is your ideal buyer?

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Startup Professionals Musings

JULY 25, 2020

It starts with a vision, but benefits quickly from a structured process of idea generation, evaluation, prototyping, customer feedback, and success metrics. Business risks are not just development risks. Innovative technologies have no value until they are turned into solutions to real customer problems. Ownership.

Intellectual Property 360

Intellectual Property Social Network Metrics .Net 360

Startup Professionals Musings

NOVEMBER 21, 2016

After listening to hundreds of startup pitches, and reading even more business plans, most new venture investors develop their own favorite list of “red flags” that signal the beginning of the end of their interest. Lead with your intent to offer the solution free to customers. Skip the hype.

Intellectual Property 120

Intellectual Property Valuation Technical Review Equity 120

Startup Professionals Musings

OCTOBER 19, 2015

If you consider yourself a technologist, you probably believe and may be propagating one of the following myths: The first priority for funding should be to develop the technology. Outside investors are most interested in scaling a proven business model, not research and development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Steve Blank

APRIL 14, 2013

business models. Intellectual property protection is great on paper and “limited” in practice. Eventually, China’s innovation-driven economy needs intellectual property rights and anti-trust laws that are enforced. business models. China Customer Development Technology Venture Capital'

China 327

China Silicon Valley Non-Compete Intellectual Property 327

Startup Professionals Musings

NOVEMBER 9, 2010

This is the origin of the “ solution looking for a problem ” and “ if we build it, they will come ” syndromes, which result in surprise and frustration waiting for funding, and waiting for customers that don’t materialize. Develop the solution with your technology, and develop a strategy to maximize your impact in the marketplace.

Intellectual Property 231

Intellectual Property Startup IP Finance 231

Startup Professionals Musings

APRIL 3, 2016

The discipline of writing down your plan is the best way to make sure you understand how to transform your idea into a business, and how to communicate it. Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

Steve Blank

MARCH 31, 2014

Fifty years later another Harvard professor, Clayton Christensen, developed his theory of disruptive innovation, which actually described how creative destruction worked. Disruptive innovation leads to the creative destruction of businesses that once seemed pre-eminent and secure. We legalized robbing the corporate treasury.

Private Equity 329

Private Equity Metrics China Intellectual Property 329

Startup Professionals Musings

APRIL 1, 2015

The discipline of writing down your plan is the best way to make sure you understand how to transform your idea into a business, and how to communicate it. Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base.

Intellectual Property 120

Intellectual Property Angel Investor Viral Distribution 120

YoungUpstarts

JANUARY 30, 2015

In the past, CPC was utilized as a measure of Google’s success in driving traffic to its network: higher CPC typically indicated Google’s search placement and results algorithms were providing high value to advertisers aiming to get their services or products in front of an eager customer base. Professionalisms'

Advertising 100

Advertising Revenue Mobile Intellectual Property 100

Startup Professionals Musings

MARCH 14, 2020

Getting investors to trust you with their money is always a challenge, and it’s even more difficult in the early stages, where you don’t have a significant revenue stream, a few customers, or maybe even a product yet. Here is my list of red flags that cause many investors to look elsewhere: No well-defined need or viable customer set.

Due Diligence 308

Due Diligence Intellectual Property Preferred Stock Startup 308

Steve Blank

APRIL 14, 2013

business models. Intellectual property protection is great on paper and “limited” in practice. Eventually, China’s innovation-driven economy needs intellectual property rights and anti-trust laws that are enforced. business models. China Customer Development Technology Venture Capital'

China 219

China Silicon Valley Non-Compete Intellectual Property 219

Steve Blank

JANUARY 28, 2014

Kauffman just launched Founders School - a new education series to help entrepreneurs develop their businesses during the startup stage by highlighting how startups are different from big companies. 0:43: Business Plans versus Business Models. 1:28: Using the Business Model Canvas.

Founder 330

Founder Intellectual Property Lean Customer Development 330

Steve Blank

MARCH 18, 2014

Kauffman launched Founders School - a new education series to help entrepreneurs develop their businesses during the startup stage by highlighting how startups are different from big companies. You’ll learn how to: get to know your customers. get, keep and grow customers. 1:28: Using the Business Model Canvas.

Intellectual Property 331

Intellectual Property Lean Customer Development Acquisition 331

YoungUpstarts

SEPTEMBER 13, 2017

Franchising is a long term growth model which has been proven to effectively duplicate business models the world over. Franchisees operate the business with the same intensity and focus that the original entrepreneur would have in their own market. by Christopher Conner, President of Franchise Marketing Systems.

Customer 124

Customer Intellectual Property Vesting Business Model 124

Steve Blank

NOVEMBER 21, 2016

Teams are continuing their relentless interviewing of customers, or beneficiaries as we call them in this class. The students “get out of the building” and test their hypotheses in front of potential beneficiaries using the Customer Development methodology, all while building and updating their Minimal Viable Products.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120