article thumbnail

Guidance on Shipping Freight to Guernsey

The Startup Magazine

Because Guernsey – like all of the other channel islands – lies outside of the United Kingdom, shipping freight there is not quite the same as it would be to places like the Isle of Wight, for example. This takes knowledge of all of the ferry operators as well as the local distribution and logistics firms.

article thumbnail

Hacking for Diplomacy – The State Department Takes Notice

Steve Blank

Teams are continuing their relentless interviewing of customers, or beneficiaries as we call them in this class. The students “get out of the building” and test their hypotheses in front of potential beneficiaries using the Customer Development methodology, all while building and updating their Minimal Viable Products.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Hacking for Diplomacy – The State Department Takes Notice

Steve Blank

Teams are continuing their relentless interviewing of customers, or beneficiaries as we call them in this class. The students “get out of the building” and test their hypotheses in front of potential beneficiaries using the Customer Development methodology, all while building and updating their Minimal Viable Products.

article thumbnail

3 Challenges Your Business Should Consider Before Expanding International

YoungUpstarts

In times of digitization the customer wants an online shop that is also optimized for cultural norms and needs. Germans, for example, are adverse to using credit cards, unlike customers in United Kingdom. In the end, the entire online shop has to focus on the preferences of potential customers in the target market.

article thumbnail

Entrepreneurs, Commit Not These 7 Deadly Sins

YoungUpstarts

Sure, your plan needs to include pro formas and cash flow projections, but if you want to seal the deal, show how you have validated your concept with real customers. Think about sales as the opportunity to help a customer solve a problem. And if it does, why wouldn’t you want to help customers gain those advantages?

article thumbnail

What is an L3C?

Up and Running

A low-profit limited liability company, or an L3C, is a legal structure (a variation on a limited liability company or LLC) that is relatively new to the United States. The United Kingdom began using a similar structure in 2005, called a Community Interest Company. In 2008 in the U.S.,

Vermont 106
article thumbnail

The Pitfalls of Not Having an Export Business Plan

Up and Running

For example, you might sell designer diapers via your e-commerce site, emphasizing distribution to English-speaking countries such as Australia and New Zealand, only to find out quickly that the bulk of your inquiries are in French, the native language of the majority of your prospective customers.