Growthink Blog

SEPTEMBER 13, 2017

And as they do, sometimes even unknowingly that beautiful dream of a business exit and financial windfall recedes depressingly into the sunset. Putting out there as to what our financial results will be , and why - in the form of well-documented and reasoned financial forecasts.

Harvest 48

Harvest IP Software Review Forecast 48

Steve Blank

AUGUST 27, 2009

This series of posts is a brief explanation of how we’ve evolved from Product Development to Customer Development to the Lean Startup. The Product Development Diagram Emerging early in the twentieth century, this product-centric model described a process that evolved in manufacturing industries.

Silicon Valley 269

Silicon Valley Product Startup Product Development 269

Startup Professionals Musings

OCTOBER 12, 2010

Products: You obviously can’t create value without a viable product (or service) to sell. This section of your Venture Value Scorecard should summarize the important advances you have made recently in research and product development. Tags: scorecard venture value Akira Hirai business valuation.

Intellectual Property 223

Intellectual Property .Net Valuation Distribution 223

Up and Running

MARCH 24, 2021

One of the best ways to start developing your market penetration strategy is using the Ansoff Matrix. Typically, product development and diversification are the more costly and riskier options, while market development and market penetration are considered to be lighter risk strategies.

Software Review 146

Software Review Marketing Campaign Forecast 146

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

NOVEMBER 1, 2010

With an out-of-this-world business plan. When Iridium was first conceived inside Motorola in 1987, worldwide cell phone coverage was sparse, calls were unreliable and per minute costs were expensive. Cell phone handsets were the size of a lunch box and cost thousand of dollars. A Business Plan Frozen in Time.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

Startup Lessons Learned

JUNE 5, 2009

Certainly venture-backed startups don’t have this luxury – every business plan has a model in it. Companies that reliably fail to make their forecasted numbers are exceptionally prone to “management retooling.&# If it costs $0.10 But $10.00?

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Tim Keane

JUNE 13, 2006

What must go right for the plan to succeed; 2. What it costs if it does; 4. What it will cost? This cost and timing can easily be laid out in a matrix that may yield to testing easily. Timing relates to cost and I’d like a sense of the total cost of each of those 100 orders. What it costs if it does; 4.

Wisconsin 60

Wisconsin Entrepreneur Startup Angel Investor 60

Up and Running

OCTOBER 8, 2015

Instead, we built a product first (that’s expensive!) and then started hunting around for the right target market (that’s usually the cheap part of product development). See Also: How Not Doing Market Research Sunk My Business. Don’t just do it to fill in a section of your business plan.

Marketing 60

Marketing CTO Hire Forecast Finder 60

Hearpreneur

SEPTEMBER 25, 2022

Besides the general focus on customer and product development, an entrepreneur should foresee the next moves that will serve to guide him on the right path. When an entrepreneur can forecast his next moves, even his/her employees become part of the moves the business makes. Thanks to Max Hauer, GoFlow ! #29-

Forecast 128

Forecast Artificial Inteligence Entrepreneur Technical Review 128