Up and Running

AUGUST 28, 2018

If you’re thinking about starting an outpatient medical practice, one of the first things you should do is write a business plan. There are a few different types of business plans , depending on how you intend to use it. If you’re seeking investment or business loans, you’ll need a traditional business plan.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Steve Blank

MARCH 8, 2011

In January, we introduced a new graduate course at Stanford called the " target="_blank">Lean LaunchPad. It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. OK, somehow we got them interested.

Lean 303

Lean Business Model Customer Development Guinea 303

Up and Running

OCTOBER 3, 2018

What they don’t usually show on screen on shows like Flip or Flop is that writing a business plan is a must. If you’re thinking about starting a business that buys up homes, fixes them up and then re-sells them at a profit, the first step is to write a business plan. It serves as a mini version of your entire plan.

El Paso 61

El Paso Business Plan Technical Review Forecast 61

Startup Professionals Musings

JANUARY 2, 2019

Most of you aspiring entrepreneurs have no idea how dramatically your own role has to evolve as you develop a solution, start a business, and expect it to scale into a successful self-managed company. Thus my job as a small business advisor really is really more about getting you developed than perfecting the business.

Leadership 248

Leadership Technical Review Cofounder Social Media 248

SoCal CTO

DECEMBER 1, 2010

I continue to collect great content that is the intersection of startups, products, online and technology. So let’s be very specific: let’s assume your dream job is product manager at Google, working on the Analytics product. love to find great products and services made by entrepreneurs who are trying to change the world.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Up and Running

AUGUST 30, 2021

You need to be passionate about your business. You must have a passion for the problem and a love for building great products. Go lean with your planning. Finally, in startup culture, few care about your 40-page business plan they made you create in business school. Learn from other businesses.

Entrepreneur 132

Entrepreneur Lean Colorado Engineer 132

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

Up and Running

MAY 17, 2016

I often use steering as a metaphor for business planning. So too with running your own business, or starting a new one. Which is exactly why you want to focus on milestones and metrics in business planning. See Also: Milestones Make Your Business Plan a Real Plan.

Metrics 80

Metrics Social Media Business Plan Advertising 80

Up and Running

OCTOBER 30, 2017

Do you want to provide a service or a product? Once you decide on a business that fits your goals and lifestyle, evaluate your idea. Who will buy your product or service? Are there already a lot of people paying for products or services similar to yours? What are your skills? What industries do you know about?

Venture Capital 166

Venture Capital Business Plan Limited Liability Company Finance 166

Up and Running

JANUARY 24, 2019

Learn to love your customers and not your product or service. How will you fund your business right in the beginning? So what you can you do to reduce the risk of starting your own business? Write a Lean Business Plan. Running a business is much less risky if you have a business plan.

Lean 93

Lean Balance Sheet Bankruptcy Business Model 93

Up and Running

NOVEMBER 20, 2018

You may tell yourself you’re “too busy” tending to outside obligations or allow yourself to get bogged down in other details of ongoing business planning. Take note of the goals you tend to put off and the productive tasks you habitually avoid. Use tools that can help you manage the challenging aspects of your business.

Sweat Equity 93

Sweat Equity Startup Lean Italy 93

ReadWriteStart

JUNE 1, 2020

To secure your funding, you must establish the feasibility of your idea through proper planning and implementation. You must have a prototype or a minimum viable product (MVP). One should also establish the proof of concept of your business before you can qualify for funding. You can get a personal loan without a business plan.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Steve Blank

MAY 10, 2011

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. Class lectures were over last week, but most teams kept up the mad rush to talk to even more customers and further refine their products. Many entrepreneurship courses focus on teaching students “how to write a business plan.”

Lean 284

Lean Business Model Agile Customer Development 284

SoCal CTO

JANUARY 5, 2011

Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc.

Silicon Valley 378

Silicon Valley Startup Term Sheet Venture Capital 378

The Startup Magazine

MAY 25, 2021

You can take out a personal loan , but do you really want to start a business by going into debt? There are plenty of other financing options to launch your new venture. Before you look into alternative financing, it’s important to have the right mindset. Pre-sell product before opening a physical location. Ask around.

Finance 158

Finance Equity Lean Business Plan 158

Startup Professionals Musings

JULY 16, 2012

If you are new to the entrepreneurial world of startups, you are likely confused by the terminology of seed-stage, lean startups, micro-VCs, and Super Angels. Since the economic downturn started, neither angels nor VCs have given much attention to startups without a product and a revenue stream. Lean startup. Series-seed round.

Early Stage 253

Early Stage Finance Seed Stage Entrepreneur 253

Steve Blank

MAY 9, 2017

And to today, when its major product is simply innovation. When the product and channel are bits, adoption by 10’s and 100’s of millions and even billions of users can happen in years versus decades. The second thing that’s changed is that we’re now Compressing the Product Development Cycle.

Restful 238

Restful Silicon Valley Puerto Rico San Jose 238

Up and Running

JANUARY 15, 2018

Once you’ve decided that you’re ready to start a small web design firm, you’ll need to develop a host of skills to help you run a successful business, including time management, sales and promotional strategies, and client acquisition. Create a Lean Business Plan. Master time management. The bottom line.

Web 86

Web Design Software Review Elevator Pitch 86

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 243

Customer Development Developer Customer Silicon Valley 243

Up and Running

DECEMBER 17, 2020

Is there a well-defined, sustainable market for your product? Is it the first product to do so? Is it differentiated from other products in its competitive set? But particularly when you’re running lean and mean, you may not have native expertise in every aspect of managing a startup. Does it solve a known problem?

Marketing 142

Marketing Technical Review SEO Hosting 142

Steve Blank

NOVEMBER 5, 2009

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. The goal of their startup in this stage becomes “getting funded.”

Customer Development 266

Customer Development Developer Customer Silicon Valley 266

Up and Running

MAY 23, 2016

Noah has been a key figure in the making of LivePlan, our own SaaS product. Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. The one-page pitch format is also more suitable for SaaS businesses that are constantly testing new ideas.

Software Review 74

Software Review Software Delaware Forecast 74

Up and Running

JUNE 21, 2013

Tracking key performance indicators (KPI’s) for your business, and understanding why they go up or down, can help you make decisions that will grow you business and keep you on track. You need to engage in Lean Planning. You need to understand your margins on all your products and services.

Small Business 153

Small Business Software Review Lean Advertising 153

Up and Running

MAY 18, 2016

Why David Rose recommends it: “It lays out in explicitly stark terms the difference between ‘small business ownership’ and ‘entrepreneurship.’ After you finish this, you should have a pretty good feel for whether you have what it takes to create a high-growth business.”. Tim Berry is the expert on business planning.

Startup 80

Startup Venture Capital Angel Investor Lean 80

Up and Running

MAY 3, 2012

Eric Ries , author of The Lean Start-up , puts it best: ‘ The grim reality is that most start-ups fail. Most products are not successful. Sean Seton-Rogers of PROfounders Capital recently claimed that of the more than 3,500 business plans they had received, his London, U.K. Collectively, we need to do better.

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

Up and Running

JANUARY 5, 2021

And they serve as the first step in developing SMART Goals , which can help ensure that you actually develop strategic steps to make your fledgling business a success. Create a Lean Business Plan. Establishing goals also opens the door to develop a Lean Business Plan. Get your finances in order.

Lean 146

Lean CPA Vesting Naming 146

Gust

JULY 8, 2012

If you are new to the entrepreneurial world of startups, you are likely confused by the terminology of seed-stage, lean startups, micro-VCs, and Super Angels. Since the economic downturn started, neither angels nor VCs have given much attention to startups without a product and a revenue stream. Lean startup. Series-seed round.

Early Stage 177

Early Stage Finance Seed Stage Entrepreneur 177

OnlyOnce

JULY 9, 2013

The book has been described by a few CEOs who read it and commented early for me along the lines of “The Lean Startup movement is great, but this book starts where most of those books end and takes you through the ‘so you have a product that works in-market – now what?’ questions”. Chapter 27: Have You Learned Your Lesson?…The

Startup 95

Startup Advisory Board Elevator Pitch Forecast 95

Steve Blank

SEPTEMBER 23, 2014

It happened recently when a group of educators came to the ranch to learn how to teach Lean entrepreneurship to K-12 students. Over the last few years it’s become clear that the days of teaching “how to write a business plan” as the cornerstone of university entrepreneurship are over. On Fire With A Vision.

Lean 289

Lean Cleveland Balance Sheet Ohio 289

Startup Lessons Learned

JULY 6, 2011

The Lean Startup Book is done. If you've been waiting for a comprehensive account of the Lean Startup and how it can help you achieve dramatically better business results, this is it. What really constitutes product/market fit? I am no longer writing a book. Finally, really, truly, done. page proofs, and mailing (!)

Lean 167

Lean Startup Metrics Private Equity 167

Up and Running

OCTOBER 21, 2014

‘Starting a business’ really only comes down to figuring out your business idea ; doing your paperwork; and sorting out the money. Given the number of funding resources available today, you shouldn’t have too much of a problem getting that initial start-up cash, especially if you focus on a lean business model or MVP route to market.

Elevator Pitch 166

Elevator Pitch Software Review SBA Business Plan 166

Up and Running

SEPTEMBER 3, 2015

Test your business idea and do market research*. We use the lean planning methodology to figure this out. Market research does not have to be a part of the business planning process. We seem to be furthering the misconception that market research is supposed to be part of a business plan.

Elevator Pitch 60

Elevator Pitch Startup Balance Sheet Forecast 60

Up and Running

OCTOBER 10, 2018

This article is part of our Business Planning Guide —a curated list of our articles that will help you with the planning process! Business advisors, experienced entrepreneurs, bankers, and investors generally agree that you should develop a business plan before you start a business.

Startup 114

Startup Forecast Lean Balance Sheet 114

Up and Running

JULY 28, 2020

Simply put, alternative funding is gaining financing for your company outside of traditional bank loans to gain capital. To help you find the best funding to fit your needs, read on for the top 8 alternative financing options. With these forms of loans, it is important that you have a solid business plan in place before applying.

Small Business 118

Small Business SBA Bootstrapping Venture Capital 118

Up and Running

SEPTEMBER 26, 2018

If you don’t have your personal spending under control and don’t know how to budget, it’s crucial that you educate yourself on personal finance and master the art of budgeting before you start a company. If you can’t handle your own finances, you’re not equipped to handle a company’s. Market research. Identify success stories.

Elevator Pitch 242

Elevator Pitch Due Diligence Networking Venture Capital 242

Steve Blank

MARCH 5, 2012

One of the confusing things to entrepreneurs, investors and educators is the relationship between customer development and business model design and business planning and execution. When does a new venture focus on customer development and business models ? And when do business planning and execution come into play?

Search 324

Search Business Model Customer Development Agile 324

Steve Blank

DECEMBER 7, 2010

Many entrepreneurship courses focus on teaching students “how to write a business plan.” Others emphasize how to build a product. If you’ve read any of my previous posts, you know I believe that: 1) a product is just a part of a startup, but understanding customers, channel, pricing, etc.

Wiki 315

Wiki Lean Management Business Model 315