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

Startup Professionals Musings

MAY 4, 2016

In my view, starting a new business has never been easier, and according to reports from the Kaufmann Foundation , the numbers are finally here to show it. The number of startups rose in 2015 for the first time in five years, with the largest year-over-year increase in two decades. Establishing your brand with interactive social media.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Startup Professionals Musings

JANUARY 16, 2013

I can think of several related aspects of starting and running a business where follow-up, or lack of it, can make or break your startup. Here are a few: Business networking. For entrepreneurs, effective networking is required to find investors, partners, and customers. Product development. Time management.

Entrepreneur 275

Entrepreneur Technical Review Software Review Retention 275

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

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

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

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

Startup Professionals Musings

DECEMBER 15, 2010

I can think of several related aspects of starting and running a business where follow-up, or lack of it, can make or break your startup. Here are a few: Business networking. For entrepreneurs, effective networking is required to find investors, partners, and customers. Product development. Time management.

Entrepreneur 237

Entrepreneur Technical Review Software Review Retention 237

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 244

Customer Development Developer Customer Silicon Valley 244

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

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

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 175

Analytics Technical Review Social Media Software Review 175

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

YoungUpstarts

NOVEMBER 20, 2019

by Lu Zhang, founder and managing partner of Fusion Fund. In the startup world, opportunities are fleeting, and obstacles are ubiquitous. You may have a thoughtful business plan, a proven team, and a great product, but if the market isn’t big enough to present them with an outsized opportunity to make money, they’ll pass.

Technical Review 140

Technical Review Due Diligence Early Stage Differentiation 140

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

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

Up and Running

JUNE 14, 2017

Some believe in the all-in approach to product development: build an advanced app. In both scenarios, it seems that startup venture initiation and idea validation are strictly dependent on the app. Those partners paid for a membership with Recycler Spotter. 60 percent of respondents chose premium! Priorities change.

Technical Review 96

Technical Review Distribution Redemption Demand 96

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

Startup Professionals Musings

MARCH 11, 2010

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 122

Software Developers Software Development Business Model Design 122

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. Creating a Business Plan. Don’t create your business plan entirely from scratch. Product Development.

CPA 124

CPA Bandwidth Lean Startup 124

Duct Tape Marketing

APRIL 6, 2022

Steve is the CEO of Founders Space, one of the world’s leading startup accelerators with over 50 partners in 22 countries. Founders Space was ranked the #1 incubator for overseas startups by Forbes and Entrepreneur Magazines. Questions I ask Steve Hoffman: [2:30] How did you get into the business of advising start-ups? [3:49]

San Francisco 95

San Francisco Technical Review Incubator Silicon Valley 95

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? For instance, Kellogg’s specializes in frozen breakfast food.

Valuation 154

Valuation Demand Business Plan Social Media 154

Startup Professionals Musings

MARCH 11, 2013

If you aren’t so sure, need something fast, or need to keep your costs low, then an LLC is the best legal and taxable entity to facilitate your startup. Incorporate your startup after the business plan, but before you spend a dollar on product development. Upgrade your business entity as required.

LLC 234

LLC Nevada Delaware Limited Liability Company 234

Startup Professionals Musings

MAY 31, 2014

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 285

Elevator Pitch Salary Angel Investor Viral 285

Startup Professionals Musings

AUGUST 5, 2018

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 139

Elevator Pitch Salary Angel Investor Viral 139

This is going to be BIG.

JUNE 30, 2010

Startups, on the other hand, have lots of little failures and successes over time. While we have plenty of materials to show you (including business plan, financials, design mockups, etc.) A lot of startups, however, don't seem to realize this. backgrounds at startups? Lack of momentum can kill a startup.

Technical Review 113

Technical Review Due Diligence Venture Capital Later Stage 113

Steve Blank

NOVEMBER 18, 2010

For decades startups were managed by pretending the company would follow a predictable path (revenue plan, scale, etc.) Luckily most startups now realize there is a better way. Startups Are Not Small Versions of Large Companies. The Revenue Plan – The Third Fatal Assumption. that make up a business model.

Burn Rate 251

Burn Rate Management Business Model Customer Development 251

Steve Blank

MARCH 11, 2015

I pointed out to Bob the irony – in a large company “fear of failure” inhibits speed and risk taking while in a startup “fear of failure” drives speed and urgency. Startups have finite time and resources to find product/market fit before they run out of money. and how to price the product. That’s now changed.

Widget 120

Widget Lean Business Model Metrics 120

Women Entrepreneurs Can

NOVEMBER 19, 2022

A Venture Capital Firm is a firm that invests in startups and early-stage companies. Investing in a startup company carries a high degree of risk, particularly at the early stage. One of the most common ways of investing in a startup is by leveraging the expertise of a venture capital firm. Pre-Seed Investments. Seed Rounds.

Venture Capital 52

Venture Capital Early Stage Liquidity Event SEC 52

www.tangosource.com

MARCH 8, 2012

re trying to create a new product as a non technical person, it might seem easy at first, until you start looking for real technical partners. For myself, it took a while to find a real technical partner. t realize the sacrifice that his potential technical co-founders would have to endure for a risky startup. When youâ??re

Cofounder 48

Cofounder Founder SEO LLC 48

Up and Running

JANUARY 30, 2014

My partner is a full-time developer and math teacher, and I’m an engineer. Marketing the site and creating a business behind the product proved much more challenging. Accelerators are short entrepreneur training programs designed to jump-start new businesses. Coding the site was straightforward. Accelators.

Incubator 105

Incubator New York City Venture Capital Startup 105

Startup Professionals Musings

JULY 30, 2016

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 120

Elevator Pitch Salary Angel Investor Viral 120

Steve Blank

JANUARY 10, 2011

In a startup “Good news needs to travel fast, but bad news needs to travel faster.”. Yet for a startup a cover-up culture is death. In a startup founders and the board need to do exact the opposite of a large company – failures need to be shared, discussed and dissected to extract “lessons learned” so a new direction can be set.

Forecast 268

Forecast Agile Founder Revenue 268

SoCal CTO

DECEMBER 1, 2010

I continue to collect great content that is the intersection of startups, products, online and technology. Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. Was it a Startup Founder Developer Gap ?

Technical Review 175

Technical Review Technology Product CTO Hire 175

Austin Startup

NOVEMBER 16, 2010

Calxeda is on track with its business and ARM-based product development plans, moving toward providing first samples of its industry-changing technologies in 2011. This is within our reach with technologies we are developing at Calxeda. Freund brings 30 years of Server market experience to Calxeda.

Naming 59

Naming Hiring Technical Review Virginia 59

Steve Blank

AUGUST 18, 2010

Here’s his story of when Customer Development failed. We’ve been a startup for the past two years or so and we’ve come to a critical point on this crazy roller coaster ride. We were lucky to learn about Customer Development early on in the life of our startup. ——– Hi, we’re Lottay ! Disclaimer.

Customer Development 231

Customer Development Developer Customer California 231

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 267

Customer Development Developer Customer Silicon Valley 267