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Lean Startups aren't Cheap Startups

Steve Blank

In times when venture capital is hard to get, investors extract high costs for failure (down-rounds, cram downs , new management teams, shut down the company.) Sales people cost money, and when they’re not bringing in revenue, their wandering in the woods is time consuming, cash-draining and demoralizing. Who recommends a sale?

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The Best Small Business Tools of 2013

Up and Running

99designs Logo Design : For about the same cost of hiring one local or freelance designer to create a logo for you, you can use 99designs to run a contest that will bring in dozens of logo options from dozens of different designers. .” This is our answer.” ” -Sabrina Parsons, Chief Executive Officer. For Marketing.

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The Secret History of Silicon Valley Part V: Happy 100th Birthday.

Steve Blank

An interesting phenomena of the 1920s that illustrates the fragility and cost of vacuum tubes is the “Reflex Receiver&# design methodology. There are serious negative trade-off costs with using reflex designs but compared to the economic costs of each vacuum tube, it was a justified trade-off. To Order Outside of the U.S.

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“Speed and Tempo” – Fearless Decision Making for Startups « Steve.

Steve Blank

Reply Lots of low cost experiments « Open Ambition , on April 22, 2009 at 8:58 am Said: [.] Reply Killing Innovation with Corner Cases and Consensus « Steve Blank , on April 22, 2009 at 5:04 am Said: [.] “Speed and Tempo&# – Fearless Decision Making for Startups [.] To Order Outside of the U.S. Now In Print!

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“Lessons Learned” – A New Type of Venture Capital Pitch

Steve Blank

The primary goal of customer development is to reduce the cost of mistakes. This is basic enough that I don’t think anyone can argue with it – reduce the cost of mistakes. To Order Outside of the U.S. Now In Print! Steve Blanks 30 years of Silicon Valley startup advice.

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The Customer Development Manifesto: The Startup Death Spiral (part.

Steve Blank

The Startup Death Spiral: The Cost of Getting Product Launch Wrong By the time of first customer ship, if a startup does not understand its market and customers, failure unfolds in a stylized ritual, almost like a Japanese Noh play. To Order Outside of the U.S. Now In Print! Steve Blanks 30 years of Silicon Valley startup advice.

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The mid-market briar patch

A Smart Bear: Startups and Marketing for Geeks

Maybe your competitors have figured out that it’s not cost-effective to sell to the middle. The most common argument I hear targeting the middle is: “Small businesses have no money, and the large companies already use Entrenched Competitors X and Y, so it’s in the middle that there’s opportunity.”

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