Remove Business Model Remove Channel Remove Intellectual Property
article thumbnail

I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses.

article thumbnail

How To Find the Right Co-Founders?

Steve Blank

Surprisingly if you’ve filled out the business model canvas you already know who you need. She started by sketching her business model canvas on a napkin, but somehow the conversation quickly shifted to what was really on her mind. ——-. I told Radhika this is a perennial question for startups.

Cofounder 335
Insiders

Sign Up for our Newsletter

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

article thumbnail

10 Popular Business Strategies That Most Often Fail

Startup Professionals Musings

Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. Bypasses intellectual property as not worth the cost. Entrepreneurs need to spend time working on the business, as well as in the business.

article thumbnail

Intellectual Property for Startups in the Real World

Gust

Last month we covered the basics of intellectual property (IP) for startups, including a simple taxonomy, some common issues and related documents for entrepreneurs to use when forming a new startup. Large companies] win by locking competitors out of their sales channels.

article thumbnail

10 Key Business Plan Elements Not In A Product Spec

Startup Professionals Musings

If possible, quantify these in non-technical business terms, such as dollars saved or replacement costs over time. Provide specifics on the customer business model. Scale your funding requests to the value of your startup today, consisting of assets, contracts, and intellectual property you currently own.

article thumbnail

10 Common Startup Mistakes That Are Rarely Admitted

Startup Professionals Musings

Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. Bypasses intellectual property as not worth the cost. Entrepreneurs need to spend time working on the business, as well as in the business.

article thumbnail

Someone Stole My Startup Idea – Part 2: They Raised Money With My.

Steve Blank

Our business model changed as we realized that to become a large company, we needed to automate more than just a few marketers. We had validated our new assumptions by a set of orders, and we had pivoted on our business model. Lessons Learned Your business concept is not a company. More on this in the next post.