Steve Blank

SEPTEMBER 1, 2021

Try innovating inside a large company where 99% of the company is executing the current business model, while you’re trying to figure out and build what comes next. And they also recognize that simply exploiting their existing assets, capabilities, and business models is insufficient for long-term survival.

Incubator 402

Incubator Lean Agile Business Model 402

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 265

Programming Technical Review Incubator Intellectual Property 265

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. In general, banks won’t give you a loan until the business is cash-flow positive, no matter what the future potential.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

JULY 1, 2017

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. In general, banks won’t give you a loan until the business is cash-flow positive, no matter what the future potential.

Product Development 177

Product Development Cost Developer Product 177

Steve Blank

SEPTEMBER 5, 2013

Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model. We had a killer team and all the right skillsets.

Lean 315

Lean Customer Development Sales Cycle Business Model 315

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. In general, banks won’t give you a loan until the business is cash-flow positive, no matter what the future potential.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

According to a recent Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. 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.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Steve Blank

OCTOBER 10, 2011

I was invited to Finland as part of Stanford’s Engineering Technology Venture Program partnership with Aalto University. Finland itself has significant engineering talent, and is also attracting entrepreneurs from Russia and the former USSR. Startup incubators, business angels and VCs are starting to emerge.

Finland 324

Finland Naming Russia Government 324

YoungUpstarts

APRIL 7, 2016

The rub is that a startup likely has the ideas to take it straight to the top, but it’s also likely that the company lacks the business skills to make it truly successful. A talented group of specialists including engineers, designers, financial analysts, and lawyers are assigned to develop various facets of the company’s framework.

Seed Stage 100

Seed Stage Silicon Valley Incubator Asia 100

YoungUpstarts

JUNE 1, 2019

In the first post , we drilled down into the often-overlooked notion of “market-engineering” and why it’s so critical. In the go-to-product phase, you can get help from a plethora of incubators, accelerators and angel investors. As you develop your product, you must concurrently invest in market-engineering tasks.

Cleveland 150

Cleveland Framework Marketing Early Stage 150

Steve Blank

OCTOBER 7, 2011

—— I was invited to Finland as part of Stanford’s Engineering Technology Venture Program partnership with Aalto University. It’s hard enough to pick which existing companies with known business models to aid. This is the first of two posts about Finland and entrepreneurship.

Finland 324

Finland Venture Capital Government Russia 324

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 298

Lean Business Model Customer Development Guinea 298

Steve Blank

JUNE 26, 2015

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 activities support existing business models. Horizon 1 is the company’s core business.

Lean 120

Lean Management Business Model Incubator 120

Startup Professionals Musings

JULY 8, 2015

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. Join a startup incubator. An example would be getting free office space by agreeing to be the property manager for the owner.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Steve Blank

MARCH 11, 2016

To be honest I built the class out of frustration watching schools teach aspiring entrepreneurs that all they need to know is how to write a business plan or how to sit in an incubator building a product. using the business model canvas as the framework. in order to validate/invalidate their business model hypotheses.

Lean 120

Lean Incubator Business Model Channel 120

Startup Professionals Musings

MARCH 17, 2010

By Jim Flowers A few months ago, Marty invited me to comment on business incubation and what a startup company ought to expect from an incubator. We reasonably assure that they have oil for their engines, in the form of logistical, administrative, and professional support services that reduce their risk.

Incubator 201

Incubator Programming Virginia DC 201

ReadWriteStart

JUNE 16, 2011

You can read more about Freshdesk on the 1M/1M Incubation Radar today. The company already has paying customers and a validated business model. Bizosys Technologies, a Bangalore, India based software engineering company was founded in 2009. You can also read more about Bizosys on the 1M/1M Incubation Radar today.

India 123

India Bootstrapping Non-Compete Entrepreneur 123

Steve Blank

FEBRUARY 25, 2014

Other than measuring engineering progress, there’s no standard language to communicate progress. Corporations running internal incubators face many of the same selection issues as startup investors, plus they must grapple with the issues of integrating new ideas into existing P&L-driven functions or business units.

Incubator 310

Incubator Intellectual Property Startup Lean 310

Steve Blank

MAY 29, 2019

The easy part is, “Let’s have an incubator.” My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.” Today the capstone class is most often experiential, team-based, hands on, focused around the search for a repeatable and scalable business model.

Incubator 331

Incubator Lean Programming Government 331

Steve Blank

JULY 13, 2021

Founders of startups (and new ventures inside existing companies) are searching for product/market fit and a repeatable and scalable business model. At the start of the 21st century, after two decades and 8 startups, I retired and had time to think about how VCs directed their startups using business plans. experiential.

Lean 433

Lean Agile Business Model Business Plan 433

ReadWriteStart

JULY 28, 2011

This week, I've had several meetings with venture funds, incubators, corporate accelerators and other significant players in the startup eco-system. The same applies to Malaysia, where our partner, the MAD Incubator, is in search of 10 good deals to put through the 1M/1M program. Incubator photo from Geograph. Discuss.

Incubator 128

Incubator Silicon Valley Malaysia Entrepreneur 128

ReadWriteStart

SEPTEMBER 16, 2010

Today, the telecom industry charges customers based on fixed price business models for data services. Bolpur is home to the Viswabharati university, as well as several other small engineering and professional colleges. All three of today's roundtable companies will soon be featured on Incubation Radar.

Cloud 117

Cloud Fractional CTO Entrepreneur Bandwidth 117

ReadWriteStart

MAY 19, 2011

During today's roundtable, we opened the session with a discussion of the existential crisis in media and how talented bloggers and journalists are facing a tough time sustaining themselves due to lack of business models. And you can sign up for the 1M/1M premium program here. From 2008 to 2010, Mitra was a columnist for Forbes.

India 115

India Silicon Valley Entrepreneur Affiliate 115

ReadWriteStart

SEPTEMBER 23, 2010

Her upcoming campaign of reaching out to 100,000 moms will be one of the first concerted efforts to actually test her business model. In addition, we are offering entrepreneurs access to investors and customers through our recently launched our 1M/1M Incubation Radar series. She wants to sell these products on her site.

India 114

India Silicon Valley Incubator Bootstrapping 114

ReadWriteStart

JUNE 2, 2011

During today's roundtable, we worked with two entrepreneurs and also had a segment on our yearlong engagement with incubators around the world. The 1M/1M team has invested significant resources to engage with and understand the challenges of the Incubator industry around the globe. From 2008 to 2010, Mitra was a columnist for Forbes.

Incubator 114

Incubator San Jose Silicon Valley India 114

VC Cafe

SEPTEMBER 26, 2010

Launch48 is a new kind of micro-incubator taking place over the course of a weekend, which enables entrepreneurs to pitch their concept in one minute, in order to find team mates who are interested in pursuing the idea. Ask customers how they would use your product – friends and family don’t count for this purpose.

Elevator Pitch 102

Elevator Pitch Incubator Technical Review Startup 102

Feld Thoughts

JULY 22, 2011

In the mean time, please meet the Finance Fridays team: Jonathan Wolter has been a lead consultant and software engineer at ThoughtWorks working for clients in Silicon Valley, Texas, Chicago, and India. His focus was to incubate an internal start-up which is built on state-of-the-art technology, novel business model and innovative products.

Finance 135

Finance Congo Chicago Cambodia 135

ReadWriteStart

OCTOBER 13, 2011

I was invited to Finland as part of Stanford's Engineering Technology Venture Program partnership with Aalto University. It's hard enough to pick which existing companies with known business models to aid. This is the first of two posts about Finland and entrepreneurship.

Finland 158

Finland Venture Capital Government Russia 158

ReadWriteStart

APRIL 14, 2011

While the basic premise is compelling, and I am very interested in entrepreneurship opportunities in this area, the business model is flawed. The 1M/1M premium program offers entrepreneurs access to on-demand educational, business development and incubation resources and strategy discussions with me for $1,000 per year.

India 126

India Technical Review Entrepreneur Silicon Valley 126

The Startup Magazine

NOVEMBER 8, 2018

Digital Transformation for Business Excellence : Solutions that provide a level change in business performance through digital transformation. The program takes place at the VFS headquarters in Greensboro, North Carolina USA, but any company from any region or country can, and should, apply.

North Carolina 108

North Carolina Startup Technical Review Programming 108

ReadWriteStart

SEPTEMBER 10, 2010

And EVEN if you ARE an experienced entrepreneur, all but just a few VCs still want to see customer validation, business model validation and traction, before they will invest. As far as customer acquisition is concerned, we discussed, again the power of organic search engine optimization. Next comes the topic of angels.

Cloud 115

Cloud Silicon Valley Incubator Finance 115

Steve Blank

SEPTEMBER 14, 2017

— I just watched a very smart company try to manage innovation by hiring a global consulting firm to offload engineering from “distractions.” This was a very large and established tech company; its engineering organization developed the core day-to-day capabilities of the organization. Engineering continually felt overwhelmed.

Incubator 312

Incubator Curation Engineer Government 312

Startup Professionals Musings

FEBRUARY 9, 2018

You need a business degree to start a venture today. The real value of a college education is in learning how to learn, since markets and business models are changing so fast. Business strategies are best learned from experience. Most successful startups spring from local incubators.

Incubator 180

Incubator Angel Investor Dilution Equity 180

ReadWriteStart

OCTOBER 13, 2011

Please remember, free is not a business model. a healthcare IT business for managing compliance requirements for pharmaceutical and medical device companies, recording transactions that involve payments to physicians. The Free Rider Problem. Also, Michaeline Daboul, from New Hampshire, pitched MMIS Inc. , Discuss.

Business Model 122

Business Model New Hampshire Dallas Entrepreneur 122

Steve Blank

OCTOBER 26, 2013

It’s curriculum is built on a framework of business model design, customer development and agile engineering – and its emphasis on evidence, Lessons Learned versus demos, makes it the worlds most advanced accelerator. government has built an accelerator for scientists and engineers. Glad to a part of it.

Lean 262

Lean Washington Incubator Agile 262

Steve Blank

MARCH 7, 2012

Today, the first half of the Stanford Engineering Lean LaunchPad Class gave their final presentations. The goal is for them is to observe this class, then host and teach the next round of 50 NSF Innovation Corps scientist/engineer teams in July. Yet this isn’t an incubator. Here are the first five. Team ColorWheels.

Lean 256

Lean Business Model Agile United States 256

ReadWriteStart

MARCH 24, 2011

Additional work in figuring out the precise go-to-market consumer, academic institution, or enterprise - each is a different business), and consequent business model and pricing model will help enhance the company's valuation. My assessment is that this is a good company that should be able to raise money at this point.

Illinois 114

Illinois Entrepreneur Silicon Valley Chicago 114