Startup Professionals Musings

JULY 1, 2013

Product development is stuck at that 90% mark, a key person leaves, and customers are talking but not buying. I challenge any startup to show me they have avoided all of these: One of the founders isn’t delivering. The team buys its own propaganda, and fully expects customers to be leaping tall buildings to get to your product.

Founder 250

Founder Startup Software Developers Software Development 250

The Startup Magazine

AUGUST 11, 2023

These investments are a tremendous help to your startup because they will serve as a stepping stone to reach your target eventually. It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step. Hence they will miss the finish line.

Seed Stage 126

Seed Stage Technical Review Early Stage Due Diligence 126

View from Seed

DECEMBER 6, 2018

Another full-stack short-term rentals startup ? It seems as though in many categories, especially in consumer internet space, a handful of startups pursuing quite similar or even apparently identical ideas launch within months of each other. Another d2c gourmet pet food company ? Another affinity-based co-working space?

Seed Stage 120

Seed Stage Startup Cofounder Stealth 120

Startup Professionals Musings

MARCH 6, 2011

Product development is stuck at that 90% mark, a key person leaves, and customers are talking but not buying. I challenge any startup to show me they have avoided all of these: One of the founders isn’t delivering. The team buys its own propaganda, and fully expects customers to be leaping tall buildings to get to your product.

Startup 245

Startup Software Developers Software Development Business Model 245

Steve Blank

SEPTEMBER 5, 2023

In the early stages of a startup your hypotheses about all the parts of your business model are your profound beliefs. You can’t be an effective founder or in the C-suite of a startup if you don’t hold any. Here’s how I learned why they were critical to successful customer development. Who are the payers?

Business Model 305

Business Model Product Development Early Stage Customer Development 305

Gust

APRIL 27, 2014

Software Development Process via Wikipedia. Even when your startup is a one-man show and lots of fun, a “business” needs some discipline and controls to keep it from being defined as a hobby by investors, and assure some financial return. Product development process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Steve Blank

MAY 6, 2015

It’s time to update Build, Measure, Learn to what we now know is the best way to build Lean startups. Build a product, get it into the real world, measure customers’ reactions and behaviors, learn from this, and use what you’ve learned to build something better. Waterfall Development. Here’s how.

Lean 120

Lean Agile Business Model Customer Development 120

Steve Blank

OCTOBER 15, 2019

Once upon a time every great organization was a scrappy startup willing to take risks – new ideas, new methods, new customers, targets, and mission. If they were a commercial company, they figured out product/market fit; or if a government organization, it focused on solution/mission fit. Companies Run on Process.

Government 315

Government Technical Review Acquisition Metrics 315

Startup Professionals Musings

APRIL 3, 2016

These things outside your control do happen, but based on my years of experience as a startup advisor and angel investor, I still see too many shortcuts leading to failure that are inside the entrepreneur decision realm. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

YoungUpstarts

MARCH 13, 2012

Startup Weekend Singapore 2012 participants. Team StarCall, a web platform where fans can bid for a chance to have a 1-to-1 video call with their favorite celebrities and help charities, as well as Mystery Shopper, a mobile platform to help small and medium sized businesses to improve their business processes, came in as runners-up.

Singapore 171

Singapore Mobile Startup Application Development 171

Startup Professionals Musings

APRIL 13, 2015

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Business commercialization.

Product Development 120

Product Development Developer Product Angel Investor 120

YoungUpstarts

AUGUST 30, 2011

Blackbox , founded by entrepreneurs Bjoern Lasse Herrmann and Max Marmer, in June released its first Startup Genome Report — a 67-page in depth analysis on what makes Silicon Valley startups successful based on profiling over 650 startups. 74% of high growth internet startups fail due to premature scaling.

Silicon Valley 174

Silicon Valley Software Review Startup Cofounder 174

Startup Professionals Musings

OCTOBER 2, 2023

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Business commercialization.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

YoungUpstarts

OCTOBER 19, 2017

by Steve Owens, Founder and CTO of Finish Line Product Development Services. The lean start-up movement has been based on a single insight – which the purpose of a start-up is to discover a business model that works. Reducing product turn time. Extending the runway. The Lean Start-Up Environment.

Product Development 132

Product Development Lean Developer Product 132

Steve Blank

NOVEMBER 13, 2012

The Japanese edition of The Startup Owner’s Manual hit the bookstores in Japan this week. I asked Tsutsumi-san to write a guest post for my blog to describe his experience with Customer Development in Japan. I asked Tsutsumi-san to write a guest post for my blog to describe his experience with Customer Development in Japan.

Japan 292

Japan Customer Development Developer Customer 292

Startup Professionals Musings

JANUARY 18, 2021

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Business commercialization.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

Steve Blank

SEPTEMBER 1, 2021

You think startups are hard? 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. Do they have better sales, marketing, or product development groups? The short answer is no.

Incubator 402

Incubator Lean Agile Business Model 402

Startup Professionals Musings

MAY 24, 2012

Product development is stuck at that 90% mark, a key person leaves, and customers are talking but not buying. I challenge any startup to show me they have avoided all of these: One of the founders isn’t delivering. The team buys its own propaganda, and fully expects customers to be leaping tall buildings to get to your product.

Software Developers 229

Software Developers Software Development Business Model Product Development 229

Steve Blank

MARCH 4, 2014

In the last few years we’ve recognized that a startup is not a smaller version of a large company. We’re now learning that companies are not larger versions of startups. But paradoxically, in spite of all their seemingly endless resources, innovation inside of an existing company is much harder than inside a startup.

IRR 335

IRR Startup Business Model Agile 335

Steve Blank

MARCH 3, 2015

Starting in the 1950’s, Stanford’s engineering department became “outward facing” and developed a culture of spinouts and active faculty support and participation in the first wave of Silicon Valley startups. At the same time Berkeley was also developing Cold War weapons systems. That has changed in the last few years.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

Startup Lessons Learned

SEPTEMBER 15, 2008

Lessons Learned by Eric Ries Monday, September 8, 2008 The lean startup Ive been thinking for some time about a term that could encapsulate trends that are changing the startup landscape. After some trial and error, Ive settled on the Lean Startup. Of course, many startups are capital efficient and generally frugal.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

The Startup Magazine

JUNE 17, 2021

Big data is a prominent subject for many businesses around the world, and for those of you who operate entirely online enterprises, studying statistics and numbers is perhaps even more important, and, can be convenient using online business education. The post How Can Pursuing an MA in Data Analysis Benefit Your Online Business?

Analytics 174

Analytics Technical Review Social Media Software Review 174

Steve Blank

APRIL 23, 2018

A version of this article appeared in the Harvard Business Review. The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. Durant took his money from his carriage company and bought a struggling automobile startup called Buick.

Michigan 268

Michigan Cofounder Stock Forecast 268

Up and Running

JULY 2, 2014

Picking the right attorney in your startup is as important as picking the right business partner. You can’t underestimate the importance of selecting an attorney who “gets” your business model, your market opportunity, and most importantly, your fundraising and exit strategy. My business partner and I were elated.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Steve Blank

MARCH 15, 2011

Our new Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. what’s the product? Come up with ways to test each of the 9 business model canvas hypotheses. Consider if their business worth pursuing? Their business was a robot lawn mower. Stay tuned.

Business Model 236

Business Model Nebraska Peru Germany 236

Startup Lessons Learned

SEPTEMBER 30, 2008

Lessons Learned by Eric Ries Tuesday, September 30, 2008 What does a startup CTO actually do? When Ive asked mentors of mine who have worked in big companies about the role of the CTO, they usually talk about the importance of being the external face of the companys technology platform; an evangelist to developers, customers, and employees.

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

Hearpreneur

OCTOBER 10, 2023

In the realm of great business ideas, a well-crafted business plan takes center stage. It's your persuasive pitch to potential investors, outlining your startup's objectives and profitability strategy. 7- Yes, to help navigate the path to success Photo Credit: Steven Light A business plan is essential.

Business Plan 124

Business Plan Jordan Entrepreneur Florida 124

Startup Professionals Musings

JULY 31, 2021

Most business managers preach that the key to success is holding employees accountable for actions, but I have found that successful entrepreneurs are all about holding themselves accountable. As a startup investor, I view any evidence of a victim mentality as the kiss of death. All that’s left is to commit and deliver.

Leadership 410

Leadership Employee Metrics Restful 410

Startup Professionals Musings

APRIL 7, 2023

Here are some guidelines that will help you with the right answers, not only in closing your next investment, but in planning when and how much money to ask for: Investors are most interested in helping you scale the business. They are willing to cover marketing, inventory and scaling, but not product development.

Elevator Pitch 228

Elevator Pitch Salary Angel Investor Viral 228

The Startup Magazine

SEPTEMBER 2, 2021

In 2021, the startup landscape looks much different than it did in 2000. For starters, there are more startups. And these are not just any old startups either; they’re some of the most innovative and successful organizations around! Damon Becnel discusses how the startup industry has changed over the past decade.

Startup 127

Startup Social Media Global Incubator 127

Hearpreneur

APRIL 13, 2022

As a CEO of a technological startup, I often need to find trustworthy information as quickly as possible. Moreover, I like inspiring myself with interesting online business models and Wikipedia is a great example of a user-generated content-based website. It led the way to a new kind of business model and changed the game.

Artificial Inteligence 77

Artificial Inteligence Entrepreneur Technical Review Software Review 77

Startup Professionals Musings

APRIL 1, 2015

These things outside your control do happen, but based on my years of experience as a startup advisor and Angel investor, I still see too many common failure causes that are inside the entrepreneur decision realm. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time.

Intellectual Property 120

Intellectual Property Angel Investor Viral Distribution 120

Startup Professionals Musings

OCTOBER 19, 2015

If you consider yourself a technologist, you probably believe and may be propagating one of the following myths: The first priority for funding should be to develop the technology. Outside investors are most interested in scaling a proven business model, not research and development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

crowdSPRING Blog

MAY 9, 2023

Starting a dropshipping business is one of the best ways to begin your entrepreneurial journey. The startup costs are low; you can set your product prices and build a successful brand without paying for inventory or building a physical store. Online businesses have also massively grown in popularity over the last few years.

Business Model 121

Business Model Stock Cost Email 121

Startup Professionals Musings

JULY 12, 2020

Here are some guidelines that will help you with the right answers, not only in closing your next investment, but in planning when and how much money to ask for: Investors are most interested in helping you scale the business. They are willing to cover marketing, inventory and scaling, but not product development.

Elevator Pitch 336

Elevator Pitch Salary Angel Investor Viral 336

Steve Blank

MARCH 16, 2016

There are many reasons to found a startup. There are many reasons to work at a startup. To most founders a startup is not a job, but a calling. But startups require money upfront for product development and later to scale. What does this mean for startup founders? ——-. The Good News.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120