The Business Model Canvas Can Get Your Startup Funded

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. A business without well-defined customers is never fundable.

7 Steps For Establishing The Right Business Model

Startup Professionals Musings

Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. In the investment community, this work is called proving the business model.

Trending Sources

6 Keys To Proving A Viable Startup Business Model

Startup Professionals Musings

How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question.

The Mission Model Canvas – An Adapted Business Model Canvas for Mission-Driven Organizations

Steve Blank

As we prepared for the new Hacking for Defense class at Stanford, we had to stop and ask ourselves: How do we use the Business Model Canvas if the primary goal is not to earn money, but to fulfill a mission? In a business the aim is to earn more money than you spend.

A Valid Business Model Requires Real Customer Sales

Gust

The real milestone, proving the business model, is that first product sold for full price to a total stranger, leaving him happy. Your revenue model has to make sense. To get the reach you need probably requires one or two levels of distribution, partnerships, or joint ventures.

The LeanLaunch Pad at Stanford – Class 2: Business Model Hypotheses

Steve Blank

Our new Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. what distribution channel? Come up with ways to test each of the 9 business model canvas hypotheses. Consider if their business worth pursuing?

It Takes a Customer Sale to Prove a Business Model

Startup Professionals Musings

The real milestone, proving the business model, is that first product sold for full price to a total stranger, leaving him happy. Your revenue model has to make sense. To get the reach you need probably requires one or two levels of distribution, partnerships, or joint ventures.

Ten Questions to Ensure a Viable Business Model

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. Distribution. How do you distribute your product or service? Revenue model.

Distribution Advantage

Rob Go

As a seed fund, we tend to layer in “ capital efficient beginnings ” to the mix given our investing model and belief about the best way to build internet and software businesses. We tend to favor companies that have a “distribution advantage”. This is increasingly true in both consumer and business facing companies. So what are some examples of distribution advantages? Typically, I tend to notice two approaches to delivering product-oriented distribution wins.

How to Choose the Right Business Model for Your Start-up

Duct Tape Marketing

Lots of people talk about business models these days, but what does it really mean? When it comes to starting or planning for business success your model is essentially your decision about how you intend to add value – which is another way of saying – how you intend to make money.

Business Model Analysis, Part 1: Key Questions

Platforms and Networks

Business model analysis is central to the lean startup approach developed by Eric Ries , Steve Blank , and others. But what exactly is a business model? I’ll also share some practical guidelines for conducting business model analysis. business models

Pinterest's Not So Controversial Business Model

Inc Startups

My company uses the same business model--and there's nothing unethical about it. What they noticed this week, however, about Pinterest's business model has caused something of an uproar. And, ahem, venture capital is not a business model.

The National Science Foundation Innovation Corps – Class 2: The Business Model Canvas

Steve Blank

The Lean LaunchPad class for the National Science Foundation Innovation Corps is a new model of teaching startup entrepreneurship. The 21 NSF teams had been out of the classroom for just 15 hours as they filed back in with their business model canvas presentations.

Why Build, Measure, Learn – isn’t just throwing things against the wall to see if they work

Steve Blank

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. distribution channels to reach customers and offer them the value proposition.

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Lean LaunchPad for Life Sciences – Distribution Channels

Steve Blank

This post is an update of what we learned about life science distribution channels. Life Science/Health Care distribution channels differ by Category. It turns out that for commercialization, the business model (Customers, Channel, Revenue Model, etc.)

Born Global or Die Local – Building a Regional Startup Playbook

Steve Blank

Not all start ups want to go in that direction – some will opt instead to become a small business. There’s nothing wrong with a business that supports you and perhaps an extended family. For example, many of the Australian sports tech business models shared common elements.

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Corporate Acquisitions of Startups: Why Do They Fail?

Steve Blank

Corporate business development and strategic partner executives are flocking to Silicon Valley to find these five types of innovation. For acquirers this math makes sense since they can factor in the potential impact the startup has when combined with their existing business.

Romancing the Pitch…

Life Beyond Code

That advice (unintentionally) implies that everything else about the business is quite all right and all it requires is a pitch upgrade. The way the business was structured, it would fail the moment it started getting traction. A bad business model cannot be salvaged with a great story.

Fear of Failure and Lack of Speed In a Large Corporation

Steve Blank

And worse, even if someone does manage to start something new, our management structure has so many financial, legal and HR hurdles that every initiative needs to match our existing business financial metrics, processes and procedures. More agile competitors are starting to eat into our business. Therefore startups trade off certainty for speed, adopting “ good enough decision making ” and iterating and pivoting as they fail, learn, and discover their business model.

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No Plan Survives First Contact With Customers – Business Plans versus Business Models

Steve Blank

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. There must be something really wrong with our business. Business plans are quite useful.

A visual guide to pitching

Version One Ventures

I like knowing why a founder is building his or her business. After you demonstrate your strong sense of product design and development, we want to know how you will build a real business beyond just features. News Business model distribution pitching scale storytelling vision

The bible of business model generation

Sophia Perl of Wisdom

I have a friend who’s writing a book on online film distribution. As a thank you to me for giving her awesome advice, she sent me a surprise book in the mail, &# Business Model Generation&# by Alexander Osterwalder and Yes Pigneur. Business

Industry Change May Mean Forgetting Old Business Models

The Entrepreneurial Mind

Being a successful entrepreneur in the emerging new music industry will require a willingness to forget the old business models. They are just not willing to pay for it in the traditional way it was packaged and distributed. The good news is that the average amount of money each customer spends via this new business model far exceeds the amount a band could hope to get simply by relying on downloads of its songs.

10 Characteristics of Successful Distribution Networks - NextWala

NextWala

10 Characteristics of Successful Distribution Networks. Photo by Nick Saltmarsh ) Over the past few months, I've looked at many startups that are focused on distribution of content in the digital media & mobile space.  Trying to invent a new business. NextWala.

Alex Osterwalder on Business Model Innovation at Business of Software 2011.

Business of Software Blog

Alex Osterwalder, author of Business Model Generation, entrepreneur and man on a mission to make Business Models sexy and interesting had a tough act to follow last year. He was the third speaker of the morning, talking after Professor Clayton Christensen who gave a “jaw-droppingly good” talk about why large companies fail and how entrepreneurial businesses succeed – well worth a watch. Alex Osterwalder, Business Model Generation.

How to Remain King of the World amidst Titanic Disruptions

Lightspeed Venture Partners

It’s been over 10 years since Napster came on the scene to disrupt traditional music business models, sparking a wave of debate on the right mix of “free” vs “paid” content going forward with digital that has yet to be fully settled.

Business Models for Social Networks: Monetizing Social Capital.

500 Hats

er, Underdogs) Facebook Big Pimpin: Using Social Networks & Platforms to Drive Distribution Startup Metrics for Pirates: AARRR! » Thursday, March 27, 2008 Business Models for Social Networks: Monetizing Social Capital, The Long Tail of Cool, & The Friends List.

A visual guide to pitching

Version One Ventures

I like knowing why a founder is building his or her business. After you demonstrate your strong sense of product design and development, we want to know how you will build a real business beyond just features. News Business model distribution pitching scale storytelling vision

A Silicon Valley Take on ABC’s Shark Tank

Lightspeed Venture Partners

I’ve just started watching Season 4 of Shark Tank , the incredibly popular show on ABC where entrepreneurs pitch their businesses to a panel of five individual investors (the Sharks) for investment. I’m going to focus on analysis, and not explain the businesses themselves.

Startup Business Model Considerations

SoCal CTO

Business - how are you actually going to make money? Fantastic post by Christian Gammill - Startup Delta Force… From a competitive perspective (e.g. all the other folks out there that will try to enter the same market) the barriers have been dropping over the last few years.

IP 3

"Superior sales and distribution can create monopoly, even without product differentiation. The."

Mark Birch

“Superior sales and distribution can create monopoly, even without product differentiation. sales startups business model marketing The converse is not true.” - Zero to One: Notes on Startups or How to Build the Future by Peter Thiel via Tom Tunguz. This was a snippet from Tom’s blog post. Lean Startup and the startup world often say product wins and discount the value of marketing and sales.

Shark Tank Season 4 week 10 breakdown

Lightspeed Venture Partners

Season 4 of week 10 of Shark Tank was interesting because two of the pitches were for internet businesses that I could imagine seeing in my day job as a Silicon Valley Venture Capitalis t. This business can’t work. The next two entrepreneurs run a wine tasting cruise business.

Media: What's Past is Prologue

aweissman.com

Information does not want to be free; instead it wants to be distributed friction free. At the same time, over the past few years we have seen the transformation of how media is produced and distributed. Many of the traditional roles, or competencies, normally assigned to media companies - financing, production, distribution, promotion, marketing - have been disaggregated. But to do so maybe they need to look to the past for the most relevant business models.

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Get Early Customer Sales To Validate Your Business

Startup Professionals Musings

The real milestone, proving the business model, is that first product sold for full price to a total stranger, leaving him happy. Your revenue model has to make sense. To get the reach you need probably requires one or two levels of distribution, partnerships, or joint ventures.

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Breaking: AOL Buying Israeli Video Site 5min Media

VC Cafe

Recently 5min has discovered its business model by providing video distribution. Tags: 5min Acquisition AOL min new focus peter kafka site video distribution video site video sites

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Why a Company Can’t “Be More Like a Startup”

Steve Blank

This article originally appeared in the Harvard Business Review. 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. Startups can try any idea and any business model—even those that are on the surface patently illegal.

Interview with Sramana Mitra on 1M/1M Program

Life Beyond Code

Thus, I have come to the conclusion that if I could help a million entrepreneurs globally reach $1 million in revenue (and beyond), that would be the foundation of a robust, distributed, and sustainable economic value creation that would add up to a trillion dollars in global GDP. a distributed, democratic model of capitalism. Consequently, they are able to make decisions about their businesses in more astute and sophisticated ways. 1M/1M Program has a bold mission.

What’s A Startup? First Principles.

Steve Blank

In this post we’re going to offer a new definition of why startups exist : a startup is an organization formed to search for a repeatable and scalable business model. A Business Model. Ok, but what is a business model ? Drawing A Business Model.

Business Model Analysis, Part 4: Racing for Scale

Platforms and Networks

This post is part of a series on business model analysis for entrepreneurs. The first post in the series presents a comprehensive list of issues entrepreneurs should consider when designing a business model. It's crucial to understand whether accelerated growth is a priority, given the attributes of your business model. I've written below with the tacit assumption that a founder will always want to grow a business if she can.

Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

The first, the notion of the “ ambidextrous organization ” from O’Reilly and Tushman , posits that companies that want to do continuous innovation need to execute their core business model while innovating in parallel. Horizon 1 are mature businesses.

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