ReadWriteStart

NOVEMBER 12, 2022

As the global economic situation deteriorates amid the Russian invasion of Ukraine and soaring energy costs, many aspiring entrepreneurs might be tempted to give up and wait for better days. In recent years, however, frugal innovation has also gained traction in developed countries. Mobile banking in developing countries.

Startup 198

Startup Technical Review Ghana Guerilla 198

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

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

Startup Professionals Musings

JANUARY 16, 2013

Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model. Product development. For a great idea person, the product details keep changing for the better, but nothing ever gets finished. Customer retention.

Entrepreneur 275

Entrepreneur Technical Review Software Review Retention 275

The Startup Magazine

MARCH 7, 2024

Plan Long Term It seems obvious that every company should have a business plan, yet experiencing sudden growth can affect these plans and too many entrepreneurs are eager to leap ahead without considering how it could affect the business. You have a detailed plan for what to do and you can stick to it.

Startup 145

Startup Forecast Social Media Cost 145

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. Is it Worth it?

Analytics 179

Analytics Technical Review Social Media Software Review 179

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

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. Specifically, we show that OPD leads to: Increasing the ability to pivot.

Product Development 153

Product Development Lean Developer Product 153

Gust

APRIL 27, 2014

Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Here is another often overlooked area of process that kills many startups, both in cost and time. Customer service and support.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

The Startup Magazine

OCTOBER 19, 2020

Capturing and analyzing data enables companies to get insights that benefit their companies in cost-saving, relevant marketing, product development, etc. With appropriate data analytics, a business can predict and comprehend the market, competition, customer demands, etc.

Technical Review 158

Technical Review Forecast Analytics Social Media 158

Startup Professionals Musings

MAY 4, 2016

Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. The cost of social media done well is low.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Startup Professionals Musings

APRIL 3, 2016

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

YoungUpstarts

MAY 23, 2018

There are a lot of costs associated with getting a new business up and running, and it’s to be expected that a new business might take some time to turn a profit, but it’s common for founders to progress with optimism and expect fortunes to turn without having a clear plan and timeline for exactly how and when they will be turning a profit.

Due Diligence 133

Due Diligence Startup Finance Leadership 133

Startup Professionals Musings

FEBRUARY 13, 2013

Typically they can be used to fund product development and commercialization that would otherwise require outside investors. A good place to start looking is the Small Business Innovation Research (SBIR) program, which is a lifeline for high-tech startups. Professional help costs money.

Government 230

Government Equity Cost SBIR 230

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. So what’s wrong the product development model?

Customer Development 241

Customer Development Developer Customer Silicon Valley 241

YoungUpstarts

MAY 3, 2017

From product development to market research, many startups are one-person operations in their early days. Even as their teams grow, entrepreneurs often feel that they must tend to every aspect of the business, including low-level tasks that distract from revenue-generating activity. Wearing Your Many Hats With Style.

Technical Review 113

Technical Review Management Arizona Software Review 113

Startup Professionals Musings

APRIL 1, 2015

It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. In that spirit, I offer my perspective on ten common startup failure sources that rarely get admitted by entrepreneurs: Choose to skip the written business plan.

Intellectual Property 120

Intellectual Property Angel Investor Viral Distribution 120

Business Plan Blog

AUGUST 20, 2013

This is one of the decisions that you and your CTO will need to make up front in order to put your technology plan together. This will allow you to estimate costs and timeline. If you decide to outsource your development you will want to put together a good RFP with your CTO before approaching potential web development vendors.

CTO Hire 55

CTO Hire Fractional CTO Architecture Cofounder 55

Startup Professionals Musings

DECEMBER 15, 2010

Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model. Product development. For a great idea person, the product details keep changing for the better, but nothing ever gets finished. Customer retention.

Entrepreneur 237

Entrepreneur Technical Review Software Review Retention 237

Steve Blank

SEPTEMBER 5, 2018

Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. First Movers” didn’t understand customer problems or the product features that solved those problems (what we now call product-market fit). The result? Carpe Diem – Seize the Cash.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

MAY 6, 2015

Waterfall Development. While it sounds simple , the Build Measure Learn approach to product development is a radical improvement over the traditional Waterfall model used throughout the 20 th century to build and ship products. activities necessary to implement the business model. Lessons Learned.

Lean 120

Lean Agile Business Model Customer Development 120

The Startup Magazine

FEBRUARY 21, 2022

Even though they sell other frozen items, they are mainly known for their breakfast products. Developing a Business Plan. When developing the business plan, ask yourself the following questions: What type of food are you selling? Each of these used vans will cost you between $15,000 to $30,000.

Valuation 179

Valuation Demand Business Plan Social Media 179

Up and Running

JULY 19, 2016

It’s about what your business does for people that other businesses don’t do. See Also: Business Planning Guide. I’m not sure where this classic positioning statement template started, or whom to credit, but I’ve found it very useful for years of developing business plans. Positioning diagrams.

Business Plan 60

Business Plan Developer Marketing Social Media 60

Up and Running

SEPTEMBER 6, 2016

To create this first year in business checklist, I turned to our in-house experts here at Palo Alto Software: Sabrina Parsons, CEO; Noah Parsons, COO; Josh Cochrane, Vice President of Product Development; and Josh Fegles, Academic and Government Channel Sales Director, and founder of gluten-free cookie company Jude’s Foods.

Forecast 60

Forecast Software Review Lean Finance 60

YoungUpstarts

NOVEMBER 20, 2019

On the other hand, if you arrive at a VC pitch without a comprehensive understanding of the industry you’re hoping to compete in, or without a clear path to profitability or a thoughtful product-development road map, you’ll likely leave empty-handed. Investors want to feel confident that they’ll see a return on their investment.

Technical Review 140

Technical Review Due Diligence Early Stage Differentiation 140

YoungUpstarts

JUNE 6, 2018

In today’s rough-and-tumble startup scene, “lean” is all the rage, and the ability to cut costs without compromising performance is prized above virtually any other managerial competency. Of course, cutting costs and eliminating whole expense categories are two very different matters. Creating a Business Plan.

CPA 124

CPA Bandwidth Lean Startup 124

Startup Professionals Musings

MAY 4, 2014

Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Here is another often overlooked area of process that kills many startups, both in cost and time. Customer service and support.

Startup 268

Startup Institutional Investors Angel Investor Bootstrapping 268

Startup Professionals Musings

MAY 19, 2014

Typically they can be used to fund product development and commercialization that would otherwise require outside investors. A good place to start looking is the Small Business Innovation Research (SBIR) program, which is a lifeline for high-tech startups. Professional help costs money.

Seed Money 242

Seed Money SBIR Dilution Government 242

Steve Blank

MARCH 4, 2014

These groups are adapting or adopting the practices of startups and accelerators – disruption and innovation rather than direct competition, customer development versus more product features, agility and speed versus lowest cost. Big Companies versus Startups: Durant versus Sloan Business Model versus Business Plan'

IRR 335

IRR Startup Business Model Agile 335

Up and Running

JUNE 14, 2017

Some believe in the all-in approach to product development: build an advanced app. Furthermore, as I was proving the viability of Recycler Spotter through the free version, I could have pre-sold the paid membership at a discount for another layer of validation that would have also helped finance product development.

Technical Review 96

Technical Review Distribution Redemption Demand 96

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. All of which come back to us whether or not we actually consummate a business sale. Putting all of this out there and SO many good things come back to us. Relationships.

Harvest 48

Harvest IP Software Review Forecast 48

Startup Professionals Musings

JANUARY 31, 2013

Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Here is another often overlooked area of process that kills many startups, both in cost and time. Customer service and support.

Institutional Investors 230

Institutional Investors Angel Investor Bootstrapping Database 230

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 263

Silicon Valley Product Startup Product Development 263

Up and Running

JULY 2, 2014

of our company in exchange for the $300K, and my business partner and I each diluted from 50% ownership down to 33.3% Our attorney updated our operating agreement to include a “non-dilution clause” for this investor, and my business partner and I later found out how much this would cost our company—both financially and otherwise.

Technical Review 118

Technical Review Angel Investor Due Diligence Dilution 118

Women Entrepreneurs Can

SEPTEMBER 22, 2020

Create Your Business Plan. As with any other company, you’ll need to start off with a business plan. This should factor in the costings involved in manufacturing, or having your product manufactured on your behalf. Think about the scale of the business and how you see it developing over the first few years.

Design 52

Design Business Plan Cost Security 52

Steve Blank

MARCH 11, 2015

They know the activities, resources and partners (manufacturing, regulation, IP, supply chain, etc.) – and the costs to deliver the product/service and have well defined product development and product management tools that emphasize the linear nature of shipping products to existing customers.

Widget 120

Widget Lean Business Model Metrics 120

Startup Professionals Musings

SEPTEMBER 7, 2011

Develop your business plan. Write down the key elements of your business plan very early, and keep it current as things evolve. Product development process. Here is another often overlooked area of process that kills many startups, both in cost and time. What is your business objective?

Startup 255

Startup Institutional Investors Angel Investor Bootstrapping 255