ReadWriteStart

JULY 9, 2023

They impact fundraising, hiring, intellectual property rights and patents, and many more things around starting and running a business. Business Models and Pricing Know your business model prior to launching a startup. Metrics A business should be measurable.

Intellectual Property 122

Intellectual Property Startup Burn Rate Metrics 122

Startup Professionals Musings

NOVEMBER 29, 2019

The right answer to this question is that you bring some new intellectual property to the table – like a patent or other secret sauce. This will incent earlier thinking outside the box, and help you get metrics in place to track progress, or lack of it, along the way. Keep alternative business models on the table.

Intellectual Property 317

Intellectual Property Entrepreneur Bootstrapping Salary 317

Steve Blank

JANUARY 28, 2014

And I’m in good company – also in the series is Noam Wasserman of Harvard teaching Founder’s Dilemmas , Craig Wortmann University of Chicago covering Entrepreneurial Selling , Peter McDermott helping understand Intellectual Property , and Nathan Gold offering how to give Powerful Presentations.

Founder 327

Founder Intellectual Property Lean Customer Development 327

Steve Blank

FEBRUARY 25, 2014

Over 10 weeks each team gets out of the building talking to 100 customers to test their hypotheses across all 9 boxes in the business model canvas. We track each team’s progress as they test their business model hypotheses. The Investment Readiness Level provides a “how are we doing” set of metrics.

Incubator 310

Incubator Intellectual Property Startup Lean 310

Startup Professionals Musings

AUGUST 18, 2018

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. Business risks are not just development risks. Set milestones and meet them. Ownership. Value creation. Accountability.

Intellectual Property 160

Intellectual Property Entrepreneur Metrics .Net 160

Startup Professionals Musings

AUGUST 14, 2016

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. Business risks are not just development risks. Set milestones and meet them. Ownership. Value creation. Accountability.

Intellectual Property 161

Intellectual Property Metrics .Net Social Network 161

Up and Running

AUGUST 28, 2018

Financial summary: Explain your business model, startup costs, revenues, and liabilities to the company. Now is the time to lay out what you’ll do to attract patients and set up a viable business model with healthy financials. Milestones and metrics that you’ll need to hit to be viable. Milestones and metrics.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Startup Professionals Musings

JULY 31, 2017

A strong work ethic is great, but patents and intellectual property are critical. What metrics should you use to measure success? Define both hard data and soft (anecdotal) metrics on the new solution, as well as on the productivity of you team. You need quantified value for customers to see, feel, and pay for.

Intellectual Property 147

Intellectual Property Metrics Angel Investor Hiring 147

Steve Blank

NOVEMBER 21, 2016

Each team continues to capture its work on a Mission Model Canvas – a modified version of the Business Model Canvas that’s at the heart of the Lean Startup methodology. Resources are what the team needs to hire or own inside their company — the team’s physical, financial, human and intellectual property.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

NOVEMBER 21, 2016

Each team continues to capture its work on a Mission Model Canvas – a modified version of the Business Model Canvas that’s at the heart of the Lean Startup methodology. Resources are what the team needs to hire or own inside their company — the team’s physical, financial, human and intellectual property.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

SoCal CTO

NOVEMBER 10, 2009

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. After BITSource was successfully acquired, I moved to L.A. How did you do that?

Management 150

Management Product Entrepreneur Silicon Valley 150

SoCal CTO

JULY 13, 2011

This site aggregates and filters content from thought leaders who talk about topics such as Marketing , Sales , Design , Revenue , Hiring , Social Media , Business Models , Metrics , PR , Venture Capital , Angel Investors , Bootstrapping , Incubators , Agile and many others.

Intellectual Property 175

Intellectual Property Aggregator Startup IP 175

Growthink Blog

NOVEMBER 8, 2010

How / must your business model evolve to leverage these new opportunities? Modern business, shaped by technology, is increasingly diverging to two nodes – on the one hand to great size quickly (see Google, Facebook, eBay, Twitter, et al.) A strong results and metrics-focused approach. Your India strategy? • This is HARD.

Africa 104

Africa Brazil China India 104

Startup Professionals Musings

AUGUST 12, 2015

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. Business risks are not just development risks. Set milestones and meet them. Ownership. Value creation. Accountability.

Intellectual Property 120

Intellectual Property Entrepreneur Metrics .Net 120

Startup Professionals Musings

AUGUST 8, 2016

The best differentiation is a patent or other intellectual property that also provides a barrier to entry. Validate your business model on real customers. Giving free beta copies of your solution to customers to elicit testimonials does not validate a business model.

Intellectual Property 120

Intellectual Property Entrepreneur Elevator Pitch Exit Strategy 120

Startup Professionals Musings

AUGUST 7, 2015

How the solution and business model work to fund the business. Investors will impatiently expect a winning business model, customer segment definitions and volume projections. Investors will impatiently expect a winning business model, customer segment definitions and volume projections.

Product 120

Product Intellectual Property Liquidity Event Burn Rate 120

Startup Professionals Musings

AUGUST 13, 2012

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Do describe your intellectual property and “secret sauce”.

Business Plan 283

Business Plan Sweat Equity Exit Strategy Intellectual Property 283

Steve Blank

MARCH 11, 2010

Our goal is to teach students the key concepts of the startup process and help them understand that a startup is a search for a profitable business model. Students formed 5-person teams, came up with a business idea then got out of the building to validate their business model. What is a business model?

Intellectual Property 226

Intellectual Property Business Model Customer Development Distribution 226

Startup Professionals Musings

MAY 13, 2011

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Do describe your intellectual property and “secret sauce”.

Business Plan 290

Business Plan Sweat Equity Exit Strategy Intellectual Property 290

Gust

AUGUST 5, 2012

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Do describe your intellectual property and “secret sauce”.

Business Plan 182

Business Plan Sweat Equity Exit Strategy Intellectual Property 182

Startup Professionals Musings

NOVEMBER 2, 2018

The best advantage includes intellectual property to provide a barrier to entry or incent acquisition. Investors look for a team with business, financial, marketing, and operational skills, as well as a social passion. Employs a profitable business model with customer traction.

Intellectual Property 48

Intellectual Property Initial Public Offering Merger Acquisition 48

Startup Professionals Musings

APRIL 22, 2010

People ask me if they really need ANY business plan, unless they are looking for an outside investor. In fact, a business plan is needed more by you than investors, as the blueprint for your company, team communication, and progress metrics. Do describe your intellectual property and “secret sauce”.

Business Plan 186

Business Plan Exit Strategy Sweat Equity Intellectual Property 186

SoCal CTO

NOVEMBER 5, 2009

Right now we have a lot of Intellectual Property and Cyberlaw work that crosses over between the two facets of our firm. You are writing about the essentials of business. Any thoughts on my recent post Startup Metrics ? The Startup Metrics post is a good example of what I call “holocognics.” That's great.

Los Angeles 150

Los Angeles Southern California Startup SEO 150

Up and Running

NOVEMBER 12, 2018

Defining the problem you’re trying to solve is an important part of your business plan because it’s the first place where you’ll demonstrate that idea is viable—that you can actually make money with your business model and idea. Share of the Market (SOM) : Your SOM is who you will reach in your first few years of business.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Growthink Blog

JULY 23, 2012

How / must your business model evolve to leverage these new opportunities? Modern business, shaped by technology, is increasingly diverging to two nodes – on the one hand to great size quickly (see Google, Facebook, eBay, Twitter, et al.) A strong results and metrics-focused approach. Your India strategy? • This is HARD.

Africa 76

Africa Brazil India China 76

Tim Keane

JANUARY 12, 2010

3]   However, if they are built bottom up, they demonstrate and make explicit a range of business model assumptions the entrepreneur is using to think about his business and its revenue model.   For the sake of this discussion it’s the method rather than the specific metric that is important. [2]

Term Sheet 68

Term Sheet Valuation Dividend Liquidation Preference 68

Up and Running

MAY 1, 2014

Milestones and Metrics. If you’ve accomplished some key milestones in the process of building your business, detail them here. If your business model (i.e., “how If you are raising money to start or grow your business, you need to include the details of what you need in the executive summary. Read more ».

Business Plan 163

Business Plan Forecast Balance Sheet Distribution 163

The Next Web

AUGUST 26, 2012

The metrics that matter the most are returning customers (user retention), turnover per customer and viral growth (k-factor). Remember that raising money in itself is not the purpose; it’s about creating an organization that can fully focus on finding retention and a working business model that can later on scale.

Bankruptcy 121

Bankruptcy Technical Review Intellectual Property Due Diligence 121

David Teten

DECEMBER 3, 2019

Technographics vendors such as Builtwith , Datanyze , HG Data , Stackshare, and Stacklist help CEOs identify the right tech platform on which to build their business; they’re also helpful for investors to due diligence a company’s tech stack choices. Similarly, Corsis uses benchmarking data to understand technology spend patterns.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78

Up and Running

OCTOBER 3, 2018

Financial Summary: Explain your business model, startup costs, revenues, and liabilities to the company. Milestones and metrics that you’ll need to hit to be viable. Milestones and metrics. Set start dates, end dates, and budgets for specific milestones, for before and after you launch your business. Be specific.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Up and Running

FEBRUARY 17, 2016

“The number one piece of advice I give new brewery clients that are in startup stages is to engage your main business vendors early on in the process and find the right people to serve your needs,” says Jason Jordan. There’s no one model—or one business plan—for breweries. Each brewery will have its own unique model and plan.

Oregon 60

Oregon Jordan SBA Cofounder 60

Steve Blank

MAY 26, 2009

Intellectual Property At the next class I said, “You all ought to get out and start talking to customers on day one, and get early feedback on your idea. You don’t need to worry about any Intellectual Property (IP) issues. The time to product and scale of investment is radically different than other startup markets.&#

Vertical 149

Vertical Silicon Valley Intellectual Property RSS 149

Up and Running

MAY 15, 2019

“The number one piece of advice I give new brewery clients that are in startup stages is to engage your main business vendors early on in the process and find the right people to serve your needs,” says Jason Jordan. There’s no one model—or one business plan—for breweries. Metrics: Know your numbers. Hire the right team.

Oregon 24

Oregon Jordan Software Review Distribution 24

grasshopperherder.com

SEPTEMBER 24, 2011

Unseen Metrics. The same company, didn’t have a system to accurately identify it’s own key metrics. Would you invest in a company that didn’t know it’s own metrics? If I can copy your business by just looking around, then your company isn’t going anywhere anyway. Me neither.

Sweat Equity 41

Sweat Equity Equity Cofounder Non-Compete 41

steveblank.com

JULY 8, 2011

– Mike [link] Reply Jeff Skinner , on May 24, 2010 at 9:28 am said: Steve, you don’t know me though I use your ‘Customer Development process’ video in my classes (Entrepreneurship at London Business School). Jeff skinner Faculty, London Business School. Can we touch base on this.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

www.vccafe.com

MARCH 11, 2013

Small Business tools list. Startup Metrics for Pirates â?? SaaS Metrics Tutorial â?? Intellectual Property Law For Startups Blog. s most comprehensive collection of business and intellectual property information. Growing Business : Growingbusiness.co.uk broken vc model.

Software Review 53

Software Review Technical Review Startup 53