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Vertical Markets 4: Putting it All Together « Steve Blank

Steve Blank

In the last three posts, we drew the relationship of market risk and invention risk with vertical markets and pointed out verticals where customer development would be useful. In contrast to simply executing your business plan, the Customer Development process is built on low-cost and continuous learning and iterating.

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Why Every Business Needs To Become A Platform, And How To Do It

YoungUpstarts

To stay competitive, businesses have to learn to leverage the power of platforms. There are elements of vertical integration and franchising , classic business strategies for achieving operational efficiency and scale. It means taking user data and pushing out actionable insights. That starts with platform thinking.

Japan 100
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30 tips for avoiding startup failure, from successful founders

The Next Web

While you are working away on your business plan, looking for ways to raise capital, finding the right people to hire, etc., As a result, we attracted a great set of initial users who posted incredible work. If you pick one vertical and do it well, other folks will find you. Listening to your users/customers.

Cofounder 164
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Born Global or Die Local – Building a Regional Startup Playbook

Steve Blank

There’s nothing wrong with a business that supports you and perhaps an extended family. But if you want to build a scalable startup you need to be asking how you can you get enough customers/users/payers to build a business that can grow revenues past several $100M/year. With 317 million people the U.S.

Global 335
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Love/Hate Business Plan Competitions

Steve Blank

I hate business plan competitions. I Love Business Plan Competitions I had a breakfast with a friend who has founded a few companies in Thailand and started the New Ventures Program at one of their universities. For all the reasons why business plan competitions are wonderful for students from outside the U.S.,

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Why large companies acquire small companies

A Smart Bear: Startups and Marketing for Geeks

It was said that Facebook drastically overpaid (a billion dollars for a company with fanatical users but zero revenue) but also that that Instagram was stupid to sell so early (because after more “inevitable” growth it would be worth much more, and would “inevitably” be bought or go public at that larger valuation).

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SuperMac War Story 10: The Video Spigot « Steve Blank

Steve Blank

But the team believed adding video as an integral part of an operating system and user experience (where there had only been text and still images) would be transformative. But Apple had planned to announce and demo QuickTime without a way to get video into the Mac. It was fun watching it happen.

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