Startup Professionals Musings

SEPTEMBER 7, 2018

This process costs money, which professional investors are not willing to contribute, since their interest is in scaling a proven product and business model into a growth business. Specifically, I often point to the NSF or the Small Business Innovation Research (SBIR) program for high-tech startups.

Early Stage 225

Early Stage SBIR Technical Review Seed Stage 225

Steve Blank

SEPTEMBER 5, 2018

These bubble startups were actually guessing at their business model and did premature and aggressive hype and early company launches and had extremely high burn rates – all predicated on an IPO to raise more cash. Companies struggle to compete while reconfiguring legacy distribution channels, pricing models and supply chains.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

JUNE 27, 2017

Initially, a startup has no business model and no market share to defend. If they select a business model that targets industry incumbents, they don’t have to worry about upsetting existing customers, partners or distribution channels. Its employees and investors don’t depend on an existing revenue stream.

Startup 301

Startup New York City Valuation Distribution 301

Startup Professionals Musings

JUNE 30, 2019

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. It always reduces risk to plan your business first. Apply for contests and business grants. Join a startup incubator.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

David Teten

MARCH 31, 2012

I’m exceptionally excited to announce that I’m now Chairman and lead investor with some other angels in a new company, Spright Governance Inc. Spright is a spinoff of the Singaporean government, which will leverage their proven expertise and technology to run other cities, states, and nations globally. Photo credit: Wikipedia).

Government 154

Government Singapore New York City Non-Compete 154

Board Effect

JUNE 24, 2020

Just as not all corporations within the same industry have the same business model, nonprofit organizations all need to form the best business model that works for them. The right business model can help nonprofit organizations to successfully meet and resolve the challenges they face. Infrastructure.

Business Model 98

Business Model Forecast Government Programming 98

Hearpreneur

JANUARY 25, 2023

4- Drop-shipping enterprise Photo Credit: Matthew Magnante It's my proposal The drop-shipping business model involves selling things that are transported straight from the supplier to the client. Your business model involves cooking and delivering delicious meals to people at their places of employment or at their homes.

Software Review 117

Software Review Technical Review Artificial Inteligence Entrepreneur 117

View from Seed

FEBRUARY 24, 2021

Patient-facing cost is a key driver of healthcare accessibility. Despite the structural and historical factors behind the incumbent cost structure of the US healthcare system, there are opportunities for new digital entrants to innovate around the cost stack and deliver more affordable care. . Affordability .

Vertical 156

Vertical Software Review Portfolio Demand 156

Startup Professionals Musings

JULY 14, 2014

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. It always reduces risk to plan your business first. Apply for contests and business grants. Join a startup incubator.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Steve Blank

OCTOBER 30, 2012

The class teaches founders how to dramatically reduce their failure rate through the combination of business model design, customer development and agile development using the Startup Owners Manual. The cost of attending a Startup Weekend Next is ridiculously inexpensive. Your team arrives with an initial Business Model Canvas.

Startup 335

Startup Lean Incubator Business Model 335

Startup Professionals Musings

JULY 8, 2023

Other countries can provide e-commerce with different business models, outsource manufacturing at low cost, and a huge market for new products. Unpredictable forces, such as unrest in the Middle East and China, can quickly change energy cost equations, or availability of critical products.

China 295

China California Government Global 295

Startup Professionals Musings

JUNE 19, 2023

Create a formidable and durable business model. Your business model is your value proposition. Free” sounds like a great model, but it doesn’t imply value. Make your business model your competitive differentiation, like Fred Smith with Federal Express, or Ingvar Kamprad with IKEA. Government matters.

Entrepreneur 253

Entrepreneur United States Business Model Government 253

Startup Professionals Musings

FEBRUARY 19, 2013

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. It always reduces risk to plan your business first. Apply for contests and business grants. Join a startup incubator.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. It always reduces risk to plan your business first. Nevertheless, it’s an option that doesn’t cost you equity.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

YoungUpstarts

MARCH 22, 2019

Stay compliant with ATO and government legislation through automated updates to tax and payroll processes. Forecasting how much you need to start your business will, of course, depend on many things, including: Premises – lease establishment, renovations, signage etc. Provide real-time stock and inventory levels.

Software Review 176

Software Review Due Diligence Startup Stock 176

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. They believe in you above all else.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

Startup Professionals Musings

SEPTEMBER 26, 2020

Create a formidable and durable business model. Your business model is your value proposition. Free” sounds like a great model, but it doesn’t imply value. Make your business model your competitive differentiation, like Fred Smith with Federal Express, or Ingvar Kamprad with IKEA. Government matters.

United States 429

United States Business Model Government Differentiation 429

Startup Professionals Musings

AUGUST 7, 2023

The cost of doing business in any market is heavily dependent on local transportation, energy, technology, and financial services. These components can totally change your customer value proposition, or the business model that you have honed. Re-validate your business model in every market.

Global 276

Global Algorithm Business Model Social Media 276

Startup Professionals Musings

OCTOBER 17, 2020

Other countries can provide e-commerce with different business models, outsource manufacturing at low cost, and a huge market for new products. Unpredictable forces, such as unrest in the Middle East and China, can quickly change energy cost equations, or availability of critical products.

Customer 417

Customer Startup China California 417

Startup Professionals Musings

APRIL 12, 2021

In my experience as a business advisor and occasional investor, many of you won’t make it that far, succumbing to the high costs of getting those first customers, funding an initial inventory, and building an operational support process. Actively seek out government and local incentives.

Dilution 404

Dilution Incubator Bootstrapping Government 404

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. They believe in you above all else.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

The Startup Magazine

FEBRUARY 11, 2022

The cost will vary based on how many employees there are and whether those workers have accounting degrees or other professional certifications. How will my business be structured? What is the nature of my client base (individuals, businesses, government entities)? Hiring Employees. How to Maintain Client Satisfaction?

Technical Review 166

Technical Review Business Plan Networking Employee 166

Startup Professionals Musings

JULY 14, 2023

That leads to switching costs, sunk costs, brand equity, and a host of other considerations, commonly called “barriers to entry.” If you new vehicle costs too much, people take the bus. One of the key sections of every entrepreneur’s business plan is the analysis of the competition. Utility of alternative solutions.

Differentiation 220

Differentiation Framework Equity Business Plan 220

Startup Professionals Musings

JULY 8, 2015

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. It always reduces risk to plan your business first. Nevertheless, it’s an option that doesn’t cost you equity.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Steve Blank

FEBRUARY 23, 2016

As we prepared for the new Hacking for Defense class at Stanford, we had to stop and ask ourselves: How do we use the Business Model Canvas if the primary goal is not to earn money, but to fulfill a mission? In other words, how can we adapt the Business Model Canvas when the metrics of success for an organization is not revenue?

Business Model 120

Business Model Revenue Channel Community 120

YoungUpstarts

MAY 1, 2018

They cost money. For sure if they remove everything there and rent the space, the renting revenues will pay for a big slice of monthly cloud cost. Talking about the Brazilian market, they can even get a fine from the government because of some missing transactions on that day. For me it’s a waste of time. Physical space.

Cloud 124

Cloud Software Developers Software Development Hosting 124

Hearpreneur

APRIL 13, 2022

Moreover, I like inspiring myself with interesting online business models and Wikipedia is a great example of a user-generated content-based website. It led the way to a new kind of business model and changed the game. And he is not afraid to take bold bets on new technologies and business models.

Artificial Inteligence 76

Artificial Inteligence Entrepreneur Technical Review Software Review 76

Startup Professionals Musings

NOVEMBER 8, 2021

Non-equity funding has to come from personal sources, or government grants, or bank loans. Business model to maintain lifestyle is the primary driver. Lifestyle business owners usually benefit and enjoy being a part of the local Chamber of Commerce, Rotary, and other civic organizations.

Entrepreneur 371

Entrepreneur Equity Dilution LLC 371

Gust

APRIL 27, 2014

Write down the key elements of your business plan very early, and keep it current as things evolve. This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

VC Cafe

JANUARY 24, 2023

In one of the sessions I attended the room was packed with developers, and in the web3-focused session, most of the chatter was not on NFTs or Play to Earn, but on the potential of generative AI to reduce costs, increase productivity and test various aspects of the game creation value chain from ideation, to development and marketing of games.

Generative AI 103

Generative AI San Francisco Technical Review Europe 103

Hearpreneur

JANUARY 1, 2023

During such times a firm should take measures that have historically been thought to safeguard it, such as cutting costs, lowering goals, and keeping an eye on cash flow to weather the impending storm. If possible, settle debts before being subject to inflationary costs for your business. 2- Create an emergency fund.

Entrepreneur 95

Entrepreneur Software Review Technical Review Revenue 95

Start Up Blog

APRIL 11, 2019

Fossil fuels won’t be able to compete on cost. This will be further enabled by automation and manufacturing where the low-cost labour market trading advantage evaporates. Gigs with Benefits: The gig economy will evolve from its current exploitative business model. Countries will become more closed and trade less.

Software Review 91

Software Review Technical Review Artificial Inteligence Non-Compete 91

Startup Professionals Musings

OCTOBER 24, 2020

That leads to switching costs, sunk costs, brand equity, and a host of other considerations, commonly called “barriers to entry.” If you new vehicle costs too much, people take the bus. One of the key sections of every entrepreneur’s business plan is the analysis of the competition. Utility of alternative solutions.

Differentiation 378

Differentiation Framework Equity Business Plan 378

The Startup Magazine

APRIL 30, 2024

Additionally, initiatives like stakeholder meetings and open forums encourage direct dialogue and feedback, further solidifying stakeholder relations and demonstrating a company’s commitment to openness and ethical governance.

Reputation 146

Reputation Leadership Non-Compete Government 146

Startup Professionals Musings

MAY 21, 2023

These are professional investors, like Accel Partners , who invest institutional money in qualified startups, usually with a proven business model, ready to scale. Request a small business grant. These are government funds allocated to support new technologies and important causes, like education, medicine, and social needs.

Equity 266

Equity Startup Small Business Administration SBA 266

Startup Professionals Musings

APRIL 3, 2016

I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. It’s important to learn from your own mistakes, but it’s even smarter to learn from someone else’s mistakes, without paying their high price in time lost, cost, and pain. Assume passion level defines business opportunity.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

Steve Blank

AUGUST 21, 2013

What we found is that during the class almost all of them pivoted - making substantive changes to one or more of their business model canvas components. In the real world a big pivot in life sciences far down the road of development is a very bad sign due to huge sunk costs.

SBIR 319

SBIR Technical Review Lean Startup 319