Steve Blank

APRIL 12, 2010

Go with your gut and do what you think the market is telling you. The Search for the Business Model. A startup is an organization formed to search for a repeatable and scalable business model. Investors bet on a startup CEO to find the repeatable and scalable business model.

Business Model 333

Business Model Agile Customer Development Startup 333

The Startup Magazine

AUGUST 11, 2023

The fundamental objective and aim of seed investment is to assist a company in launching its operations successfully. It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step. Seed capital is a component of the initial investments made in young businesses.

Seed Stage 148

Seed Stage Technical Review Early Stage Due Diligence 148

Startup Professionals Musings

OCTOBER 30, 2020

Don’t forget to market yourself before, during, and after your initial idea, through social media, websites, and events. Customer feedback, including blog comments, usability reviews, and early user testimonials, build relationships and provide credible marketing to the broader customer community.

Merger 386

Merger Acquisition Software Review Social Media 386

David Teten

AUGUST 19, 2019

So you’re interested in raising capital from a Revenue-Based Investor VC. A new wave of Revenue-Based Investors (“RBI”) are emerging. I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. Rational burn profile, up to 50% of revenue at close, scaling down.

Revenue 60

Revenue Technical Review Software Review Equity 60

YoungUpstarts

JANUARY 30, 2015

Google is focused on expanding its already broad reach into the advertising market by increasing the span and coverage of its digital and mobile platforms, and the company’s 4Q14 results highlight how the company’s efforts to buttress its core services is paying off: Google’s revenue and gross profit climbed 15.3%

Advertising 100

Advertising Revenue Mobile Intellectual Property 100

ReadWriteStart

JUNE 19, 2021

Also, it can open up numerous business models and revenue channels that were earlier inaccessible for want of a suitable hardware and software solution. IoT will also enable businesses to get a fresh pair of eyes to look into data to derive insightful business insights. . IoT’s impact on healthcare.

Technical Review 215

Technical Review Software Review Cloud Vertical 215

Start Up Blog

FEBRUARY 26, 2023

1) A new technology + (2) A new business model If we only have one, the incumbents can usually adapt. They can plug the new tech into the existing business model. Or, they can revert the old technology into a new business model. Each time they sold the new tech in the old business model.

ChatGPT 90

ChatGPT Technical Review Generative AI Azure 90

The Startup Magazine

JULY 16, 2021

The lesson of the pandemic era is clear, as market conditions change, business models must evolve. Success is not, as you would think, about having stable business models across market conditions. Find a Defensible Market Segment. Clarify What Your Company’s Profit Segmentation Is.

Business Model 167

Business Model Aggregator Revenue Analytics 167

Steve Blank

APRIL 23, 2014

Most large companies manage three types of innovation: process innovation (making existing products incrementally better), continuous innovation (building on the strength of the company’s current business model but creating new elements) and disruptive innovation (creating products or services that did not exist before.).

Acquisition 332

Acquisition Intellectual Property Silicon Valley Startup 332

The Startup Magazine

OCTOBER 26, 2021

There are so many businesses around us, and to stay in the game, you need to think of ways to improve your small business revenue. It’s important to remember that every small business needs a different approach. Here are 8 straightforward ways to help you improve your small business. Follow industry best practices.

Small Business 179

Small Business Mobile Revenue Social Media 179

Startup Professionals Musings

AUGUST 8, 2022

Success in any business these days requires a constant flow of new and innovative solutions, to keep up with changes in the market, competition, and to attract new customers. Yet in my role as a small business advisor, I still see a singular focus on achieving repeatable processes and “cookie-cutter” manufacturing.

Stock Options 277

Stock Options Incubator Framework Stock 277

YoungUpstarts

AUGUST 14, 2015

by Jack Narcotta, Devices Analyst at Technology Business Research. Lenovo’s modest overall revenue growth in calendar 2Q15 – 3.1% Lenovo’s modest overall revenue growth in calendar 2Q15 – 3.1% Additionally, lower profits in PCs – operating profit fell 7.8% year-to-year to $10.7 year-to-year to $10.7 year-to-year to $7.3

Revenue 100

Revenue Technical Review Lean Mobile 100

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim. IPOs dried up.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

JUNE 27, 2017

Initially, a startup has no business model and no market share to defend. Its employees and investors don’t depend on an existing revenue stream. If they select a business model that targets industry incumbents, they don’t have to worry about upsetting existing customers, partners or distribution channels.

Startup 282

Startup New York City Valuation Distribution 282

YoungUpstarts

MAY 18, 2017

However, when it comes to MLM product development, marketing ideas and compensation plan strategy, being a creative copycat could be a legal and ethical shortcut to achieving your business goals for your new MLM, party plan or direct selling company. The real definition of copycat marketing is in the name. Creativity is Key.

Marketing 113

Marketing Seattle Operations California 113

Steve Blank

JUNE 26, 2014

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses.

Intellectual Property 283

Intellectual Property Lean IP Open Source 283

Gust

NOVEMBER 8, 2022

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. The most common failures are solutions looking for a problem, lack of a defined market, or an inadequate revenue model.

Business Model 91

Business Model Green Revenue Operations 91

The Startup Magazine

MARCH 29, 2024

Take the time to research your market, identify your target audience, and refine your idea until it’s both good and compelling. Market Research and Analysis With your core idea in hand, diving into market research is your next step. Revenue streams are another critical component of your business model.

Intellectual Property 158

Intellectual Property Angel Investor Business Model Bootstrapping 158

ReadWriteStart

SEPTEMBER 9, 2022

The internet and technology have taken over businesses and marketing strategies, so it’s logical that any b2b company would want to capitalize on this medium to stay competitive in the market. . The B2B wholesale market has seen significant growth over the last few years, with a huge opportunity to be tapped into.

B2B 131

B2B Developer Technical Review Business Model 131

David Teten

AUGUST 19, 2019

A new wave of Revenue-Based Investors are emerging who are using creative investing structures with some of the upside of traditional VC, but some of the downside protection of debt. I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. So what is Revenue Based Investing?

Revenue 60

Revenue Term Sheet Founder Technical Review 60

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. Go-to-Market. But when it comes to that crucial second phase – go-to-market – entrepreneurs find themselves devoid of help and support. In other words, they need go-to-market traction. Go-to-Product.

Cleveland 150

Cleveland Framework Marketing Early Stage 150

Steve Blank

OCTOBER 24, 2016

If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. Microsoft left the 20 th century owning over 95% of the operating systems that ran on computers (almost all on desktops). Execution and Organization of Core Businesses. What’s Missing?

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2016

If the Microsoft board was managing for quarter to quarter or even year to year revenue growth, Ballmer was as good as it gets as a CEO. Microsoft left the 20 th century owning over 95% of the operating systems that ran on computers (almost all on desktops). Execution and Organization of Core Businesses. What’s Missing?

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

View from Seed

SEPTEMBER 18, 2019

As the company progresses through product market fit (PMF), you will want to highlight other key senior hires required to scale and round out the functional expertise of the exec team. The other aspect of the people roadmap is org-level team building necessary to unlock or accompany certain stages of the business.

Part-Time VPE 195

Part-Time VPE Seed Stage CTO Hire Forecast 195

Steve Blank

SEPTEMBER 16, 2014

Surprisingly if you’ve filled out the business model canvas you already know who you need. She started by sketching her business model canvas on a napkin, but somehow the conversation quickly shifted to what was really on her mind. ——-. I told Radhika this is a perennial question for startups.

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

ReadWriteStart

JULY 7, 2021

On the other hand, the global courier delivery market covering Express delivery and Parcel Pickup and Drop services is all set to surpass a whopping $400 billion by 2024 with a growth rate of 8-10% every year. Various business models in an on-demand courier delivery app.

Technical Review 163

Technical Review Artificial Inteligence Demand Social Media 163

Startup Professionals Musings

JULY 17, 2019

As a business advisor, when I bring this up, at best I will hear the defense that you are focused on the strategy of the moment, such as such as how to increase sales, or reach a new market. This requires constant study of what your customers value, what competitors offer, and your target market.

Technical Review 218

Technical Review Revenue Analytics Metrics 218

YoungUpstarts

JUNE 4, 2019

The first post drilled down into the often-overlooked notion of “market-engineering” and why it’s so critical. At Wildcat, we recommend benchmarking your startup against the four core architectural pillars of the Traction Gap Framework: product , revenue , team and systems. Revenue Architecture.

Framework 127

Framework Architecture Cleveland Early Stage 127

Steve Blank

OCTOBER 15, 2019

If they were a commercial company, they figured out product/market fit; or if a government organization, it focused on solution/mission fit. And by product, I mean the creation of new hardware, services, software, tools, operations, tradecraft, etc. Over time as these organizations got large, they built process.

Government 317

Government Technical Review Acquisition Metrics 317

Startup Professionals Musings

APRIL 7, 2017

Entrepreneurs always work hard to create an innovative product or service, but often count on standard seller marketing for sales. Reports suggest that 90% of today’s shoppers skip marketing pitches, to research online before they buy, and over 50% check user reviews before making a decision. Don’t start from how you want to sell.

Small Business 147

Small Business Revenue Technical Review Business Model 147

ConversionXL

MARCH 19, 2020

“Rare is the business that has a formal disaster plan, let alone one that covers a global Black Swan event.” An article on growth and marketing in the middle of a crisis—the current one or any other—can seem tone deaf. Frameworks for businesses during a crisis. Tim Stewart, trsdigital. But nothing gets better if we stand still.

Marketing 121

Marketing Campaign Non-Compete Lean 121

ReadWriteStart

JANUARY 26, 2021

That’s because more than half of all startups fail within the first five years of operation. Lack of Market Need. One of the most common causes of startup failure is a simple lack of market need. The best way to prevent this from occurring is through market research. No Real Business Model.

Startup 180

Startup Angel Investor Business Model Demand 180

The Startup Magazine

AUGUST 3, 2021

Australian entrepreneur and consulting firm owner Luke Lazarus understands that launching a business is not easy. Operating a competitive business and turning a significant profit is even more challenging. Despite the odds against new business success, Lazarus started and operated four businesses by the time he was 25 years old.

United States 167

United States Entrepreneur Angel Investor Social Media 167

YoungUpstarts

MAY 24, 2019

The first post drilled down into the often-overlooked notion of “market-engineering” and why it’s so critical. At Wildcat, we recommend benchmarking your startup against the four core architectural pillars of the Traction Gap Framework: product , revenue , team and systems. Revenue Architecture.

Framework 113

Framework Architecture Cleveland Early Stage 113

Up and Running

SEPTEMBER 19, 2018

Legal cannabis generated $16 billion in total economic output in the United States in 2017, and research indicates it will increase 150 percent by 2021, according to a report from cannabis industry analysts Arcview Market Research , in partnership with BDS Analytics. If you’re seeking investment, you need a traditional business plan.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

YoungUpstarts

DECEMBER 21, 2020

No surprise during an economic crisis, over 81% of business owners are prioritizing cash flow management and are identifying ways to cut back spending and increase sales, namely by moving services online. The survey found the top activities are: Increasing marketing efforts (41%). Diversifying revenue streams (35%).

Small Business 147

Small Business Cofounder United States Technical Review 147

Up and Running

MAY 10, 2021

The mobile app development market is evolving at a rapid speed. To compete in the market, you need to keep up with trends. The engineers can produce various models in a matter of seconds. According to Statista , the market size for AR and VR technology will rise close to 300 billion U.S. dollars by 2024. Trillion by 2025.

Artificial Inteligence 150

Artificial Inteligence Developer Development Team Review United Kingdom 150