article thumbnail

Is the Lean Startup Dead?

Steve Blank

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.). Will these third parties produce something people will watch? But NewTV doesn’t plan on testing these hypotheses.

Lean 335
article thumbnail

How to Write a Business Plan for a Cannabis Company

Up and Running

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. Remember that a business plan is a living document.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why the Future of Tesla May Depend on Knowing What Happened to Billy Durant

Steve Blank

When Sloan arrived at GM in 1920 he realized that the traditional centralized management structures organized by function (sales, manufacturing, distribution, and marketing) were a poor fit for managing GM’s diverse product lines. What Does GM Have to Do with Tesla And Elon Musk? Well, thanks for the history lesson but why should I care?

Michigan 285
article thumbnail

The Phantom Sales Forecast – Failing at Customer Validation

Steve Blank

He talked about how his business model would make money and how the prospects he talked to seem to agree with his assumptions. He said, “I insist on getting weekly status reports with forecasted deal size and probability of close. I’m beginning to suspect our entire forecast is not real. The Phantom Sales Forecast.

Forecast 275
article thumbnail

The 4 Hottest Industries To Start a Business in For 2020

Up and Running

Some businesses are even building fully remote workforces to avoid the high costs of living and working in the highly saturated Bay Area. . Resources for starting a tech business. SAAS Business Startup Guide . Free, downloadable SAAS sales forecast template. Create a lean business plan . Health and Medical.

article thumbnail

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

Steve Blank

They collected information that justified their assumptions about the problem, opportunity, market size, their solution and competitors and the their team, They rolled up a 5-year sales forecast with assumptions about their revenue model, pricing, sales, marketing, customer acquisition cost, etc. But they spent their time differently.

article thumbnail

Times Square Strategy Session – Web Startups and Customer Development

Steve Blank

Eric Ries in Times Square For any model to be useful it has to predict what happens in the real world – including the web. I realized the Customer Development model needs to be clearer in what exactly a startup is supposed to do, regardless of the business model. “What is the “Business Model” of your startup?&#