Steve Blank

MARCH 3, 2015

Berkeley Haas Business School is a leader in entrepreneurship education. It has replaced how to write a business plan with hands-on Lean Startup methods. The final deliverable for that class was a 30-page business plan. We had multiple business plan competitions. Today the U.C. And there it was.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 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. So what’s wrong the product development model?

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Up and Running

JULY 6, 2016

Often, a business plan introduces a new technology that requires some explaining. On one hand, as a reader of business plans for investors, I see way too many business plans that ask a reader to wade neck-deep through technology to get to the business. It’s a business plan, not a term paper or thesis.

Technical Review 72

Technical Review Software Review Business Plan Development Team Review 72

Up and Running

MARCH 17, 2022

Many business owners know and understand the value of a business plan. The business plan is a key component of the startup and fundraising process and serves as a foundation for your organization. What is a business plan? It lays out who is running the business and what the business does.

Business Plan 145

Business Plan Operations Lean Forecast 145

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. Commercial product prototypes.

Product Development 120

Product Development Developer Product Angel Investor 120

ReadWriteStart

NOVEMBER 12, 2022

Investors can also be skittish, and winning new customers is not easy. However, a crisis can also be a golden opportunity to launch a new product or service, as long as the startup at the origin applies specific methods. As a startup, you probably don’t have much money to spend on marketing or product development.

Startup 198

Startup Technical Review Ghana Guerilla 198

Up and Running

FEBRUARY 10, 2021

A key to making this entire process much easier is to invest a little time and write a business plan. It’s true — not all investors will ask to see your business plan. Why do investors want to see a business plan? The business plan document itself isn’t what’s important to investors.

Business Plan 138

Business Plan Forecast Balance Sheet Exit Strategy 138

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.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

JANUARY 16, 2013

For entrepreneurs, effective networking is required to find investors, partners, and customers. Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model. Product development. Customer retention.

Entrepreneur 275

Entrepreneur Technical Review Software Review Retention 275

Up and Running

MAY 2, 2011

Tweet Your business plan is the foundation of your business. It’s also an invaluable tool when it comes time to apply for a business loan. When lenders ask for a business plan, they are looking specifically for the following items: History of the business. How revenues are generated. Management.

Business Plan 92

Business Plan SBA Revenue Finance 92

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. Commercial product prototypes.

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. Start-ups are very different from established businesses.

Product Development 153

Product Development Lean Developer Product 153

Steve Blank

MAY 6, 2015

I am always surprised when critics complain that the Lean Startup’s Build, Measure, Learn approach is nothing more than “throwing incomplete products out of the building to see if they work.”. Repeat, learning whether to iterate, pivot or restart until you have something that customers love. Waterfall Development.

Lean 120

Lean Agile Business Model Customer Development 120

The Startup Magazine

OCTOBER 19, 2020

Today, there are many internal and external challenges that typical business faces. Similarly, customers are more knowledgeable, aware, and conscious to choose from the variety out there, which slows down the company’s revenue and growth. you can align your products’ improvements.

Technical Review 152

Technical Review Forecast Analytics Social Media 152

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. Maybe he was the only guy around who could design the product you envisioned, but delivering a scalable, quality product is another story. Besides, he is now more interested in designing the next product.

Founder 250

Founder Startup Software Developers Software Development 250

Startup Lessons Learned

NOVEMBER 8, 2008

Lessons Learned by Eric Ries Saturday, November 8, 2008 What is customer development? When we build products, we use a methodology. But too often when its time to think about customers, marketing, positioning, or PR, we delegate it to "marketroids" or "suits." a roadmap for how to get to Product/Market Fit."

Customer Development 168

Customer Development Developer San Francisco Customer 168

Up and Running

FEBRUARY 12, 2022

Learn why the traditional way of writing a five-year business plan is often a waste of time and how to use a Lean Plan instead for smarter, easier strategic planning to establish your long-term vision. But, that doesn’t mean that you shouldn’t plan for the long term. What is a long-term plan?

Business Plan 83

Business Plan Lean Forecast Exit Strategy 83

The Startup Magazine

AUGUST 11, 2023

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. During the pre-seed fundraising stage, investors need a viable business plan to base their investments on.

Seed Stage 124

Seed Stage Technical Review Early Stage Due Diligence 124

YoungUpstarts

MAY 6, 2019

They make money by starting a product from scratch and then selling it in thousands of dollars. In most cases, they hit the jackpot when their products are sold for millions. In this article, we will discuss why it is important to understand the whole startup stages concept before you start a business to get the most benefit.

Startup 113

Startup Technical Cofounder Merger Early Stage 113

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. Commercial product prototypes.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

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. Maybe he was the only guy around who could design the product you envisioned, but delivering a scalable, quality product is another story. Besides, he is now more interested in designing the next product.

Software Developers 229

Software Developers Software Development Business Model Product Development 229

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.

Analytics 173

Analytics Technical Review Social Media Software Review 173

Startup Professionals Musings

DECEMBER 15, 2010

For entrepreneurs, effective networking is required to find investors, partners, and customers. Serious investors expect founders to have their homework done before the first interaction – documented executive summary, business plan, and financial model. Product development. Customer retention.

Entrepreneur 237

Entrepreneur Technical Review Software Review Retention 237

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. Maybe he was the only guy around who could design the product you envisioned, but delivering a scalable, quality product is another story. Besides, he is now more interested in designing the next product.

Startup 245

Startup Software Developers Software Development Business Model 245

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. Otherwise you will find yourself a year later being no closer to a product that you were yesterday, with no idea why. Funding process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

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

MAY 30, 2022

Early-stage entrepreneurs rightly keep their focus on creating an innovative product or service. After celebrating success at that level, they often find themselves ill-prepared to move to the next stage, for scaling their business into a high-performing enterprise. Switch your attention from product development to sales.

Mezzanine 368

Mezzanine Private Equity Bandwidth Metrics 368

Startup Professionals Musings

MAY 4, 2016

He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map. The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us. Building a minimum viable product, with customer validation.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Startup Professionals Musings

APRIL 3, 2016

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. A business plan is for you first, not investors. Offer free solutions to bring in more customers. Building a successful business is all about execution.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

YoungUpstarts

MAY 23, 2018

This can get them in trouble with their team, their creditors, their investors, and possibly even their customers if a sudden lack of finances starts impacting the ability to provide goods and services to the expected level of quality. Sometimes, it’s the lack of a proper business plan that really hurts the startup.

Due Diligence 133

Due Diligence Startup Finance Leadership 133

YoungUpstarts

NOVEMBER 20, 2019

If you can check these boxes and convince venture capitalists that you’ve achieved product fit in a market with plenty of room for growth, you have a real shot at securing funding. When I started my last company, we were focused on developing technology to lower the cost of detecting and diagnosing Type 2 diabetes.

Technical Review 140

Technical Review Due Diligence Early Stage Differentiation 140

Startup Professionals Musings

APRIL 1, 2015

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. A business plan is for you first, not investors. Offer free solutions to bring in more customers. Building a successful business is all about execution.

Intellectual Property 120

Intellectual Property Angel Investor Viral Distribution 120

Startup Professionals Musings

SEPTEMBER 3, 2021

Today, with the Internet and social media, if you aren’t visible in a positive way to everyone, including customers, your leadership efforts will be lost. You need to be visible in marketing efforts, viral videos, and interactions with key customer segments. Build relationships with known business leaders.

Stealth 362

Stealth Leadership Viral Social Media 362

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

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

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 260

Silicon Valley Product Startup Product Development 260

Steve Blank

SEPTEMBER 3, 2009

This post describes how the traditional product development model distorts startup sales, marketing and business development. The meaning of alpha test , beta test, and first customer ship are pretty obvious to most engineers. Freemium models have their own scorekeeping.)

Customer Development 215

Customer Development Developer Customer Silicon Valley 215