Steve Blank

JANUARY 14, 2013

but became much less so in the last decade when the bottom-line drove industries offshore. Each of these independent research organizations would support a mix of basic and applied research as well as product development. It’s done without thought of specific applications towards processes or products in mind.

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David Teten

OCTOBER 1, 2015

I’ve talked with a number of software development shops who are eager to get into the business of cofounding companies, i.e., getting product revenue and equity instead of just consulting revenue. If we believe in founders enough, we should believe in their potential more than what they could be paying us to build the product.

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Software By Rob

NOVEMBER 16, 2009

That’s when you find one or more (future) customers that help fund your product development in exchange for input into the process and free or highly discounted use of the software. You’ll be able to improve your product to the point where a real company is using it before you launch. But who needs revenue?)

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Transformify

APRIL 12, 2020

IT team members working on the core product, sales and customer support, marketing, etc. Mr. X will retain USD 10 000 for the service and uses the remaining USD 80 000 to buy product development advisory services from company ‘Zero’’ owned by the grandmother of the founders. An asset, no cost in the P&L.

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techcrunch.com

OCTOBER 23, 2010

So for this first post, here’s the best advice I can give you: join an awesome founding team and get your product out the door ASAP. But six months in, you’re gonna cry when you see someone else put out that same product you’re pitching me right now. Like I said, forget everything else and just get your product out the door.

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Hearpreneur

SEPTEMBER 25, 2022

Besides the general focus on customer and product development, an entrepreneur should foresee the next moves that will serve to guide him on the right path. 1- Having a brand, service, and product built on integrity. We asked entrepreneurs and business owners where they forecast their business will be in the next five years. #1-

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techcrunch.com

OCTOBER 23, 2010

Remember that story I told about the three business school students telling me about their tech startup, leaving me to wonder who’d actually build the product? More often than not, a startup/company fails because the product developed is not what the marketplace sought. Joe So Webvan failed because of its execution?

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Steve Blank

NOVEMBER 24, 2010

Wave after wave of hardware, software, biotech and cleantech products have emerged from what has become “ground zero” of entrepreneurial and startup culture. Compressing the Product Development Cycle. This meant building every possible feature the founding team envisioned into a monolithic “release” of the product.

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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.

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