The Startup Magazine

JANUARY 21, 2025

The rise of electric and hybrid vehicles addresses these issues, reducing operating costs and appealing to those who value sustainability. Potential owners should thoroughly research different vehicle models, including their performance, reliability, and costs.

Technical Review 144

Technical Review Government Operations Demand 144

Startup Professionals Musings

OCTOBER 9, 2023

Most technical entrepreneurs focus hard on building an innovative product, but forget that an elegant solution doesn’t automatically translate into a successful business. Businesses require an equally elegant business model, with the right price, messaging and delivery channel to the right target customers to keep the dream alive and growing.

Technical Review 220

Technical Review Advisory Board Software Review Business Model 220

Startup Professionals Musings

FEBRUARY 14, 2022

Nail the business model. Leverage your customer conversations to predict and validate your business model. Don’t forget a viable financial model of costs, margins, customer acquisition, and break-even. Don’t forget a viable financial model of costs, margins, customer acquisition, and break-even.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

View from Seed

APRIL 14, 2020

Business Models and Sectors. The public markets have clearly rewarded traditional, software based businesses over different business models, and that effect was starting to work its way through the earlier stage ecosystem.

Early Stage 374

Early Stage Software Review Technical Review Due Diligence 374

Startup Professionals Musings

AUGUST 23, 2020

Solution and business model innovation require pushing the limits. A business model is not an after-thought. Passion and ego are no substitute for a business model that makes sense. Everyone loves the subscription model, since transaction costs exclude the cost of acquiring a new customer.

Technical Review 324

Technical Review Entrepreneur Due Diligence Business Model 324

Startup Professionals Musings

APRIL 1, 2020

In my role as an advisor to entrepreneurs, I often see struggling businesses trying to be too many things for too many people, resulting in customer confusion, initiatives executed poorly, and high costs, few customers, and slow growth all around. Lowest-cost solution with minimal customization. It’s a recipe for disaster.

Customer 308

Customer Technical Review Matching Business Model 308

Steve Blank

APRIL 1, 2020

Any place with a fixed cost that relies on foot traffic will come under pressure. Cut costs to stay alive for 24 months. Payroll costs/other variable costs. Remember, a year from now no one wants to be the CEO of a company out of business whose lament is, “I did what the board told me to do.”. External Assessment.

South Korea 334

South Korea Salary Business Model China 334

Startup Professionals Musings

APRIL 4, 2022

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. Nevertheless, it’s an option that doesn’t cost you equity.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

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 306

Startup New York City Valuation Distribution 306

Startup Professionals Musings

FEBRUARY 3, 2021

Before you start your business, think hard about your vision for fulfillment, and write it down. Recognize that you can never control the precise sequence and time line, and list some key costs and risks. Pivots are a normal part of every business, and they have to be a part of your journey to fulfillment.

Business Model 432

Business Model Entrepreneur Cost Customer 432

TechEmpower

JULY 31, 2023

One way to approach that last question is to use this simple model: Customer Acquisition Cost (CAC) How will your business reach prospects? And how much will it cost to win them? Customer Lifetime Value (CLV) How much money will your business generate from each converted customer? Apply costs to each channel.

Metrics 260

Metrics Startup Retention Acquisition 260

Startup Professionals Musings

OCTOBER 30, 2020

Minimize one-time sales in your business model. You need a stable customer base with an automatically renewing revenue stream, such as the subscription model. Every new business has unexpected pivots and adjustments, and outsourcing is easier to manage. Take advantage of low-cost modern tools and automation.

Merger 386

Merger Software Review Acquisition Social Media 386

Startup Professionals Musings

JUNE 12, 2022

Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Non-industrial large organizations cling to outdated business models. The cost of entrepreneur entry is at an all-time low. Many countries have learned to make products cheaper and better.

Artificial Inteligence 315

Artificial Inteligence Offshore Merger Technical Review 315

Startup Professionals Musings

DECEMBER 5, 2020

Continually evaluate the essential elements of the business model. In the corporate environment, the business model is a given, rather than a tool for tuning the business. Business leaders all understand the benefits of allowing their team members to take ownership of their roles.

Technical Review 294

Technical Review Business Model Employee Sales 294

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. Lean started from the observation that you cannot ask a question that you have no words for. The result?

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

FEBRUARY 12, 2023

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 312

Intellectual Property Startup Angel Investor Viral 312

Startup Professionals Musings

SEPTEMBER 25, 2021

You need a viable business model and customers. Investors expect proof that your invention can be manufactured in volume, and can justify a sales price at least double the cost, to a large customer set that has money to spend.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

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. Nevertheless, it’s an option that doesn’t cost you equity.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

The Startup Magazine

FEBRUARY 17, 2025

There are currently 488 businesses in the IV therapy industry in the United States, indicating a thriving market. To stand out, new entrants must focus on creating a robust business model that prioritizes patient safety and adheres to healthcare regulations.

Mobile 94

Mobile United States Technical Review Business Model 94

Startup Professionals Musings

JUNE 26, 2020

Thus I offer the following outline for how to organize and present your business plan, with specific examples: Start with outlining the customer problem, and your solution. For example, “We just patented a new battery technology that will cut your smartphone charge time and cost in half.” Use non-fuzzy terms to quantify customer value.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

FEBRUARY 8, 2020

Implement a modern real business model. Even non-profits need revenue to cover their costs, and continue to provide services. Great team members may take more time to find, and cost you stock options, but a qualified and highly motivated team that stretches your budget is a good calculated risk.

Management 322

Management Entrepreneur Forecast Stock Options 322

Startup Professionals Musings

DECEMBER 27, 2019

In my view, every startup in today’s world would do well to adopt a management system with the same key objectives: Start with a customer-obsessed business model. For example, when delivery costs and delays were still a major online sales hurdle, Amazon Prime membership was invented to offer free next day shipping.

Global 308

Global Marketing Technical Review Algorithm 308

VC Cafe

MARCH 16, 2025

Attractive Consumer Opportunities in 2025 and Beyond While there hasn’t been a blockbuster IPO for consumer tech companies (mobile apps, B2C model startups) that matches the scale of Uber, Airbnb, Roblox, DoorDash, or Unity over the past 5 years, it feels like the momentum for consumer tech is rapidly changing.

Technical Review 78

Technical Review B2C Generative AI IPO 78

Startup Professionals Musings

JULY 8, 2022

He found that the return was far greater than the cost of donated shoes, and his team became intensely loyal, due to the opportunity to travel and deliver shoes in other countries. For Logan Green of Lyft, his international travel purpose helped inspire him to the creation and growth of an industry-altering business.

Technical Review 357

Technical Review Green Social Media Lean 357

Startup Professionals Musings

OCTOBER 6, 2018

Solution and business model innovation require pushing the limits. A business model is not an after-thought. Passion and ego are no substitute for a business model that makes sense. Everyone loves the subscription model, since transaction costs exclude the cost of acquiring a new customer.

Technical Review 233

Technical Review Due Diligence Business Model Demand 233

Startup Professionals Musings

OCTOBER 11, 2023

People respond to positives, such as new growth, versus problems implying costs and loss of customers. Adopt alternative business models to address challenges. Many companies these days start with a single online-only purchase model, but later move to providing subscription services and freemium alternatives.

Technical Review 277

Technical Review Partner Matching Channel 277

Startup Professionals Musings

MAY 15, 2019

Nail the business model. Leverage your customer conversations to predict and validate your business model. Don’t forget a viable financial model of costs, margins, customer acquisition, and break-even. Don’t forget a viable financial model of costs, margins, customer acquisition, and break-even.

Startup 245

Startup Angel Investor Technical Review Incubator 245

Startup Professionals Musings

NOVEMBER 2, 2022

Implement a modern real business model. Even non-profits need revenue to cover their costs, and continue to provide services. Great team members may take more time to find, and cost you stock options, but a qualified and highly motivated team that stretches your budget is a good calculated risk.

Forecast 304

Forecast Stock Options Technical Review Metrics 304

Startup Professionals Musings

APRIL 11, 2022

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. In my experience as a new business advisor, a business is nothing until people are aligned and work in sync. Key resources. Try this one.

Business Model 334

Business Model Intellectual Property Angel Investor Channel 334

Startup Professionals Musings

MAY 19, 2023

Solution and business model innovation require pushing the limits. A business model is not an after-thought. Passion and ego are no substitute for a business model that makes sense. Everyone loves the subscription model, since transaction costs exclude the cost of acquiring a new customer.

Technical Review 229

Technical Review Due Diligence Business Model Demand 229

Startup Professionals Musings

JANUARY 13, 2020

Being the first mover or lowest cost is not a good long-term strategy. A proven business model, ready to scale, is particularly attractive. Already set and achieved initial milestones. Contrary to popular belief, most investors are not looking for entrepreneurs who are desperate for funding.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

The Startup Magazine

AUGUST 6, 2021

But like any business model, problems are sure to arise from time to time. It’s great that a dropshipping business model means you don’t have to handle order fulfilments, as that side of things is left to the manufacturers or wholesalers in the supply management chain. Image source: [link]. No Supplier Policy.

Software Review 158

Software Review United States Business Model Stock 158

Steve Blank

OCTOBER 24, 2017

— all great things when you are executing and scaling a known business model. Because the new CEO had built a team capable of and comfortable with executing an existing business model, the company would fail or get acquired. Board Control. For three decades (1978-2008), investors controlled the board. The founders.

Founder 281

Founder Technical Review CTO Hire IPO 281

Startup Professionals Musings

FEBRUARY 8, 2023

Most business professionals I know have been conditioned to think of inflation as highly negative, driving up their costs, and reducing customer buying. I see it as an opportunity to find new ways to attract customers , make long-needed changes to improve productivity, and lower your own costs of doing business.

Technical Review 239

Technical Review Revenue Social Media Cost 239

Startup Professionals Musings

SEPTEMBER 9, 2019

Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Non-industrial large organizations cling to outdated business models. Gen-Y is approaching the business world with solid personal goals, and expect to create something that is creative, fun, and rewarding.

Engineer 219

Engineer Entrepreneur Offshore Merger 219

Startup Professionals Musings

OCTOBER 15, 2022

Being the first mover or lowest cost is not a good long-term strategy. A proven business model, ready to scale, is particularly attractive. Already set and achieved initial milestones. Contrary to popular belief, most investors are not looking for entrepreneurs who are desperate for funding.

Intellectual Property 278

Intellectual Property Angel Investor Early Stage Venture Capital 278

Startup Professionals Musings

MARCH 21, 2020

Investors are buying part of the business, not the product or service. If you haven’t yet finalized the business model, cost projections, and customer segments, you aren’t ready for investors. Excuse the typos and cleanup -- I’ve been too busy to finalize.”

Technical Review 310

Technical Review Angel Investor Business Plan Social Media 310