Both Sides of the Table

DECEMBER 17, 2009

This is part of my new series on what makes an entrepreneur successful. I originally posted it on VentureHacks , one of my favorite websites for entrepreneurs. I also wonder about the entrepreneur who would sign a term sheet that came from somebody they hadn’t gotten to know over time. Great entrepreneurs pivot.

Entrepreneur 291

Entrepreneur Term Sheet Early Stage Affiliate 291

Steve Blank

MARCH 3, 2015

As I looked around at other schools, I saw pretty much the same landscape – business plan classes, business plan competitions and loosely coupled accelerators that focused primarily on mentoring. There had been tectonic shifts in the startup world, but our business school curriculum had barely moved. And there it was.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

SoCal CTO

NOVEMBER 10, 2009

He has a really interesting background as a product manager and now an entrepreneur. It was also beneficial because I got some good experience with both B2B and B2C business models. In addition, I do a few consulting projects on the side, in the areas of product strategy, search engine optimization, and intellectual property.

Management 150

Management Product Entrepreneur Silicon Valley 150

ReadWriteStart

MARCH 8, 2021

Every startup entrepreneur wants to see their company grow. So what are the biggest barriers startup entrepreneurs experience in their route to achieve long-term growth? In the early stages of your business’s development, you’re going to notice dead weight. Marketing/advertising channels. Memorability. Or is it? .

Startup 127

Startup Retention Acquisition Agile 127

Steve Blank

APRIL 11, 2018

But that’s the conclusion of a provocative research paper, Asymmetric Information and Entrepreneurship , that explains a new theory of why some people choose to be entrepreneurs. The authors’ conclusion — Entrepreneurs think they are better than their resumes show and realize they can make more money by going it alone.

Entrepreneur 336

Entrepreneur Business Model Capital Gains Aggregator 336

Steve Blank

JUNE 26, 2015

In the last five years “ Lean Startup ” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. However in practice most companies treated the Three Horizons like they are simply incremental execution of the same business model.

Lean 120

Lean Management Business Model Incubator 120

Steve Blank

MARCH 8, 2011

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. Startups are in fact only temporary organizations, organized to search –not execute–for a scalable and repeatable business model.

Lean 304

Lean Business Model Customer Development Guinea 304

Duct Tape Marketing

NOVEMBER 3, 2022

Helping Entrepreneurs Get To Where They Want To Go Faster written by John Jantsch read more at Duct Tape Marketing. Elizabeth Gore and Carolyn launched Hello Alice with the goal of helping entrepreneurs thrive with access to funding, resources, mentorship, and more. They're, we always say small and growing businesses.

Entrepreneur 79

Entrepreneur Technical Review Networking Community 79

JANUARY 9, 2014

in business we can create much deeper connections with our audience and give our startups a better chance of success. I recently developed a more human framework for early-stage startups to define their startup DNA and lay some foundations for a sustainable business. Quote from John Wilshire, Artefact Cards 4.

Early Stage 102

Early Stage Startup Cofounder Design 102

Up and Running

MAY 3, 2012

After all, entrepreneurs can do many good things, not least to create wealth and employment, pay taxes and help the balance of trade through exports. And besides, obtaining early-stage investment is no guarantee of success, either. We’re all failing this generation of entrepreneurs by not being tough on them.

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

The Equity Kicker

MAY 7, 2015

Steve Blank gave us this now famous definition of a startup: A startup is a temporary organization designed to search for a repeatable and scalable business model. Blank is writing for all sectors and across more stages, and his advice is necessarily more general. We have gone a step further. we re-join Blank).

Business Model 60

Business Model Search Due Diligence Early Stage 60

David Teten

APRIL 1, 2021

First Round Search , Startupschool , and GSV Passport are examples of comprehensive founder resources from investors. Relationships with Venture Partners, Entrepreneurs in Residence , and other non-salaried personnel who can help your companies. AskAnything.VC aggregates resources from all the VCs.

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

Steve Blank

APRIL 10, 2009

Filed under: Customer Development , Technology | Tagged: Customer Development , Early Stage Startup , Entrepreneurs , Startups , Steve Blank « SuperMac War Story 6: Building The Killer Team – Mission, Intent and Values Story Behind “The Secret History” Part IV: Library Hours at an Undisclosed Location » 17 Responses Michael F.

Silicon Valley 307

Silicon Valley RSS Startup Agile 307

Steve Blank

NOVEMBER 16, 2009

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?&#

Customer Development 228

Customer Development Web Developer Customer 228

Steve Blank

MARCH 16, 2016

Some quick VC math : If a VC invests in ten early stage startups, on average, five will fail, three will return capital, and one or two will be “winners” and make most of the money for the VC fund. As a founder you are more than capable of adding value to the search for the liquidity event. Great entrepreneurs shoot for 20X.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Private Equity 120

www.forentrepreneurs.com

FEBRUARY 2, 2010

Blog About Log in Register Startup Killer: the Cost of Customer Acquisition In the many thousands of articles advising entrepreneurs on what they have to focus on to build successful startups, much has been written about three key factors: team, product and market, with particular focus on the importance of product/market fit.

Acquisition 103

Acquisition Cost Customer Entrepreneur 103

Austin Startup

FEBRUARY 13, 2019

Convertible debt is best when you don’t yet have revenue or a good sense for your valuation, because it allows you to raise money on the basis that the valuation will be set one to three years in the future, based on execution of the early business model. We were able to raise $750k this way.

Strategic Investors 49

Strategic Investors Austin Angel Investor Bootstrapping 49

ReadWriteStart

NOVEMBER 19, 2010

Well, I have coached early stage entrepreneurs for a couple of years now - diligently, patiently - and have learned a few things. We're trying to bring the lessons we have learned in Silicon Valley to a million entrepreneurs. As you may know, 99% of the entrepreneurs who seek financing, get rejected.

Silicon Valley 114

Silicon Valley Technical Review Startup Early Stage 114

YoungUpstarts

SEPTEMBER 10, 2018

If this happens, the risk of having an unpleasant experience is much higher, as an early stage startup cannot afford 7 months off the correct path. Pitch it to someone with a startup or business related background, but who doesn’t have experience in your industry. Don’t describe a 100% theoretical business model.

Programming 124

Programming Chile B2B B2C 124

Startup Professionals Musings

OCTOBER 1, 2012

Based on my experience as a mentor and an entrepreneur, if you fail on your first startup, you are about average. Every young entrepreneur knows implicitly that startup success is a long hard road. Of course, a real entrepreneur always takes a failure as a milestone on the road to success. Business model doesn’t make money.

Intellectual Property 274

Intellectual Property Entrepreneur Viral Early Stage 274

SoCal CTO

MARCH 20, 2007

Early Stage Marketing and Branding – Farida Fotouh. Product Manager Entrepreneur Mark Geller SEO for Startups Startup Version 1.0 Attorney and Startup Business Advisor – Aaron Shec. User Interface Beyond the Web Site ► November (7) Negative Customer Acquisition Costs - Creative Sta.

Venture Capital 150

Venture Capital Technical Cofounder Southern California Los Angeles 150

Steve Blank

JUNE 11, 2009

Other Roles in a Startup Generic advice given to entrepreneurs assumes that everyone is going to be the founder/co-founder. Yet for every founder there are 10-20 other employees who take the near-equivalent risks in joining an early-stage company. By now the company may have found and settled on a repeatable business model.

Cofounder 229

Cofounder Founder Silicon Valley Technical Cofounder 229

Steve Blank

JUNE 2, 2011

Board meetings that guide startups haven’t changed since the early 1900’s. Reinventing the board meeting may allow venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. The process they use to guide their search is customer development.

Silicon Valley 289

Silicon Valley Business Model Early Stage Venture Capital 289

Duct Tape Marketing

APRIL 6, 2022

Founders Space was ranked the #1 incubator for overseas startups by Forbes and Entrepreneur Magazines. Steve is also the author of Surviving a Startup: Practical Strategies for Starting a Business, Overcoming Obstacles, and Coming Out on Top. But I, what I wanna do in the a book is tell entrepreneurs, you can't just dive into it.

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

SoCal CTO

MARCH 1, 2007

skip to main | skip to sidebar SoCal CTO Thursday, March 1, 2007 Entreprenuer Network Great post by Ben Kuo - The Importance of the “Network&# to Entrepreneurs - the informal connections between people in the technology industry here who have a vested interest in helping entrepreneurs take their companies to the next level.

Technical Cofounder 150

Technical Cofounder Networking Southern California Los Angeles 150

Gust

NOVEMBER 8, 2012

As a business lawyer working with startups in technology and digital media every day, I’m fortunate to have a front-row seat as entrepreneurs create value out of thin air. Google, a company that didn’t even exist 15 years ago, is now valued at more than $200 billion and employs over 50,000 people.

Silicon Valley 187

Silicon Valley San Francisco Intellectual Property Accredited Investor 187

Steve Blank

JUNE 1, 2011

Board meetings that guide startups haven’t changed since the early 1900’s. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. What is the entrepreneur supposed to be doing? The Wrong Discussion s.

Silicon Valley 297

Silicon Valley Business Model Venture Capital Balance Sheet 297

SoCal CTO

MARCH 9, 2007

Early Stage Marketing and Branding – Farida Fotouh. Product Manager Entrepreneur Mark Geller SEO for Startups Startup Version 1.0 Attorney and Startup Business Advisor – Aaron Shec. User Interface Beyond the Web Site ► November (7) Negative Customer Acquisition Costs - Creative Sta.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

Startup Professionals Musings

SEPTEMBER 25, 2021

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. Early-stage ideas fall in the same category. You need a viable business model and customers.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

Steve Blank

JUNE 1, 2011

Board meetings that guide startups haven’t changed since the early 1900’s. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. What is the entrepreneur supposed to be doing? The Wrong Discussion s.

Silicon Valley 270

Silicon Valley Business Model Venture Capital Balance Sheet 270

SoCal CTO

MARCH 13, 2007

Early Stage Marketing and Branding – Farida Fotouh. Product Manager Entrepreneur Mark Geller SEO for Startups Startup Version 1.0 Attorney and Startup Business Advisor – Aaron Shec. User Interface Beyond the Web Site ► November (7) Negative Customer Acquisition Costs - Creative Sta.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles Internet 150

Seeing Both Sides

AUGUST 28, 2017

Early stage entrepreneurs will also still likely value experienced advice on company-building from seasoned venture capitalists. Put aside the frauds and hucksters — time and transparency will cause them to shake out — and obviously not every business model is a fit for an ICO. But many are.

Early Stage 20

Early Stage Equity Venture Capital Government 20

Seeing Both Sides

AUGUST 28, 2017

Early stage entrepreneurs will also still likely value experienced advice on company-building from seasoned venture capitalists. Put aside the frauds and hucksters — time and transparency will cause them to shake out — and obviously not every business model is a fit for an ICO. But many are.

Early Stage 20

Early Stage Equity Venture Capital Government 20

Kodorra

NOVEMBER 25, 2018

Entrepreneurs who compete effectively usually know the major weaknesses of other competitors in their niche. Don’t forget to choose a sound business model. Remember to also do a trademark search at your country’s intellectual property office, such as USPTO (U.S Patent and Trademark Office).

Software Review 45

Software Review Hosting Intellectual Property Naming 45

SoCal CTO

MARCH 12, 2007

Early Stage Marketing and Branding – Farida Fotouh. Product Manager Entrepreneur Mark Geller SEO for Startups Startup Version 1.0 Attorney and Startup Business Advisor – Aaron Shec. User Interface Beyond the Web Site ► November (7) Negative Customer Acquisition Costs - Creative Sta.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

SoCal CTO

MARCH 20, 2007

Early Stage Marketing and Branding – Farida Fotouh. Product Manager Entrepreneur Mark Geller SEO for Startups Startup Version 1.0 Attorney and Startup Business Advisor – Aaron Shec. User Interface Beyond the Web Site ► November (7) Negative Customer Acquisition Costs - Creative Sta.

Technical Cofounder 150

Technical Cofounder Southern California Los Angeles CTO Hire 150

ReadWriteStart

SEPTEMBER 10, 2010

During this week's roundtable we discussed an area that deserves a serious look from entrepreneurs: Rural BPO. Today, I invited entrepreneurs to come up with ideas, apply the 1M/1M methodology to it, and come discuss with me at these roundtables. I started doing my free Online Strategy Roundtables for entrepreneurs in the fall of 2008.

Cloud 115

Cloud Silicon Valley Incubator Finance 115