Steve Blank

OCTOBER 15, 2019

HR processes, legal processes, financial processes, acquisition and contracting processes, security processes, product development and management processes, and types of organizational forms etc. All of these are great strategies and tools that business schools build, and consulting firms help implement.

Government 322

Government Technical Review Acquisition Metrics 322

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. Apply for contests and business grants. Consider licensing your product or intellectual property, and “white labeling.”

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Startup Professionals Musings

FEBRUARY 3, 2021

In all cases, I’m convinced that whether you see personal fulfillment as more business success, or making the world a better place, there are some common strategies to get there that I recommend. Here are some key ones from the most satisfied business leaders that I know: Develop your own plan to get where you want to go.

Business Model 432

Business Model Entrepreneur Cost Customer 432

Startup Professionals Musings

MAY 23, 2022

In fact, they need an early focus on developing their moral compass, as well as setting the right ethical tone. Building an ethical business is more than just compliance and meeting legal requirements, and it has big paybacks. Hire only ethical people, so further time on business ethics is not needed. Marty Zwilling.

Software Review 291

Software Review Offshore Entrepreneur Leadership 291

Startup Professionals Musings

MAY 17, 2020

Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. Marketing should start before product development. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Steve Blank

OCTOBER 15, 2020

We built up a system to produce a certain type of military power at a time when that whole business model is being disrupted and undermined — much as Blockbuster Video’s business model was undermined by Netflix and Apple. Disruptive Technology. We don’t know what the world is going to look like.

Technical Review 399

Technical Review Artificial Inteligence Technology United States 399

Startup Professionals Musings

DECEMBER 21, 2020

In reality, their effectiveness is usually more related to how well they develop their work relationships with peers and business leaders. More importantly, we all need to develop the right relationships, and actively avoid those types that are not right for the business, or not right for our career at a particular point in time.

Business Model 339

Business Model Developer Entrepreneur Partner 339

Steve Blank

SEPTEMBER 14, 2017

This was a very large and established tech company; its engineering organization developed the core day-to-day capabilities of the organization. At least it succeeded in not distracting the developers. One of the quickest ways to sort innovation ideas is to use the McKinsey Three Horizons Model. What went wrong here?

Incubator 319

Incubator Curation Engineer Government 319

Startup Professionals Musings

OCTOBER 11, 2023

For example, the development of reusable rocket technology by SpaceX and Amazon, who could not match NASA supplier budgets, has opened huge new opportunities in space travel and exploration. I’m often asked for the secret to this attribute in developing a team culture. Adopt alternative business models to address challenges.

Technical Review 277

Technical Review Partner Matching Channel 277

View from Seed

JULY 6, 2020

You are intentional about developing a point of view on new sectors that we can learn from. You have a point of view on emerging technology and business models, and you are not afraid to voice your conviction. At the same time, you are willing to consider others’ inputs and refine your viewpoint. .

Technical Review 257

Technical Review Software Review Hiring Seed Stage 257

ReadWriteStart

AUGUST 30, 2022

Every aspiring entrepreneur who wants to launch their business and get funding needs to know how to package and present a company to a potential audience and investors. A compelling presentation shows how well you understand your project and its development. Drawing Up a Financial Business Model. Business model.

Software Review 183

Software Review Technical Review Cofounder United States 183

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. Apply for contests and business grants. Consider licensing your product or intellectual property, and “white labeling.”

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

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. Develop a product line and add alternate channels. Your solution must have value for every customer.

Merger 386

Merger Software Review Acquisition Social Media 386

ReadWriteStart

FEBRUARY 17, 2022

Up until the trial between Fortnite publisher Epic and Apple , most people probably weren’t aware of just how astronomically high a fee Apple charges developers for offering in-app purchases through the App Store. This is, at least on paper, a big win for developers. Software development is really expensive.

Business Model 155

Business Model Developer Software Development Software Developers 155

Steve Blank

APRIL 1, 2020

Whatever assessment you develop, you need to get feedback from your board and investors. 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.”. Days 3 and 4: Prepare new business model and operating plan. What does your board suggest?

South Korea 334

South Korea Salary Business Model China 334

Startup Professionals Musings

JANUARY 25, 2023

No matter how well your business seems to have worked for you up to this point, you can be certain that it will need to be heavily transformed for tomorrow’s new world-wide economy and no industry sector boundaries. Most great business leaders, including Jeff Bezos , maintain a key internal team to study and implement the next steps.

Partner 350

Partner Operations Metrics Leadership 350

Startup Professionals Musings

JANUARY 13, 2020

A proven business model, ready to scale, is particularly attractive. Since your product or technology may still be in the early stages of development, the investor in actually investing in you, and your previous achievements, as much as your current startup. Evidence of adaptability and flexibility.

Intellectual Property 316

Intellectual Property Angel Investor Early Stage Venture Capital 316

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 22, 2021

Friends and family will likely not expect the same level of sophistication on the business model and financials as a professional investor, but they do expect to see certain things. Look for ways to get some traction with a minimal product, while you are still developing the main event. Show some incremental value along the way.

Technical Review 338

Technical Review Elevator Pitch Due Diligence Angel Investor 338

The Startup Magazine

FEBRUARY 17, 2025

To stand out, new entrants must focus on creating a robust business model that prioritizes patient safety and adheres to healthcare regulations. Many successful mobile IV therapy providers cater to busy professionals, athletes, and individuals seeking wellness options.

Mobile 94

Mobile United States Technical Review Business Model 94

Startup Professionals Musings

SEPTEMBER 15, 2023

Developing the ideal product the first time around is unlikely, high risk, and very expensive in today’s chaotic market. More success has been logged with companies like Amazon, which lightly funds many business model experiments each year, and is not hesitant to pivot or learn from failures.

Artificial Inteligence 286

Artificial Inteligence Technology Leadership Business Model 286

Startup Professionals Musings

JUNE 26, 2020

Let me assure you that a business plan and product plan are two different things (I have personally written several of both). To be clear, I define a product specification as the technical definition of your product, to be used for development and testing purposes, with a quick business summary for context.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

FEBRUARY 12, 2023

Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. Marketing should start before product development. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

Startup Professionals Musings

OCTOBER 15, 2022

A proven business model, ready to scale, is particularly attractive. Since your product or technology may still be in the early stages of development, the investor in actually investing in you, and your previous achievements, as much as your current startup. Evidence of adaptability and flexibility.

Intellectual Property 278

Intellectual Property Angel Investor Early Stage Venture Capital 278

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. Speed is also critical.

Technical Review 78

Technical Review B2C Generative AI IPO 78

Steve Blank

APRIL 23, 2018

Sloan transformed corporate management into a real profession, and its stellar example was the continuous and relentless execution of the GM business model (until its collapse 50 years later). At SpaceX (his rocket company) he’s CEO and lead designer overseeing the development and manufacturing of advanced rockets and spacecraft.

Michigan 301

Michigan Cofounder Stock Forecast 301

Startup Professionals Musings

SEPTEMBER 9, 2022

For example, the COVID-19 pandemic caught every company, large and small, off guard, and at least a third of small businesses did not survive. For most of the others, it was a crisis where business leaders were challenged like never before to rethink their business model, redefine their organizations, and reconnect with customers.

Leadership 305

Leadership Business Model Customer Small Business 305

Steve Blank

JUNE 8, 2021

While all the teams used the Mission Model Canvas , (videos here ), Customer Development and Agile Engineering to build Minimal Viable Products, each of their journeys was unique. This all-star team of 4 undergraduates and a JD/MBA developed new ways to provide logistical support to maritime forces in the Indo-Pacific region.

Lean 417

Lean Security Asia SBIR 417

The Startup Magazine

JUNE 17, 2021

In that case, it is worth thinking about the many benefits that further online business education has to offer you and your company. The journey to success often requires consistent self-development, an area that an advanced qualification can help you thrive. This is a factor that can be improved upon through the lens of education.

Analytics 179

Analytics Technical Review Social Media Software Review 179

Startup Professionals Musings

SEPTEMBER 8, 2023

In reality, their effectiveness is usually more related to how well they develop their work relationships with peers and business leaders. More importantly, we all need to develop the right relationships, and actively avoid those types that are not right for the business, or not right for our career at a particular point in time.

Business Model 229

Business Model Developer Entrepreneur Partner 229

Steve Blank

NOVEMBER 7, 2023

regulation happens on three levels: federal laws that are applicable across the country developed by Federal government in Washington, D.C. the government has regulatory authority over commerce between the states, foreign trade, and other business activities of national scope. In the U.S. Bill Gurley’s point.)

Washington 319

Washington Government Marketing Silicon Valley 319

Steve Blank

APRIL 5, 2017

I reminded her that all the Lean tools she learned in class–Customer Discovery, business model and value proposition canvases– contained her answer. Filed under: Customer Development , Marketing. She winced as I reminded her that she had gone through the National Science Foundation Innovation Corps. Here’s how.

Marketing 318

Marketing Audience Technical Review PR 318

ReadWriteStart

JULY 7, 2021

Various business models in an on-demand courier delivery app. Business to Consumer (B2C) – It is the most common type of business model. More infrastructure development through the construction of airports and ports has led to a huge rise in the demand for international courier delivery services. .

Technical Review 163

Technical Review Artificial Inteligence Demand Social Media 163

YoungUpstarts

AUGUST 27, 2020

The most successful entrepreneurs have always used the realities of the environment around them as a basis for exploring opportunities and developing new ideas that actually provide value for people and are structured to create profit. Professional business services. Hospitality.

Entrepreneur 246

Entrepreneur Technical Review Startup LLC 246

Steve Blank

SEPTEMBER 26, 2018

The pilot program allowed nine companies , including Apple, to begin developing products (like the Watch) using this regulatory shortcut. The other interesting observation: Unlike other medical device companies, Apple’s current Watch business model is not dependent on getting insurers to pay for the watch. What’s Not Working?

China 67

China Technical Review Software Review Algorithm 67

Startup Professionals Musings

AUGUST 8, 2022

There is nothing wrong with a focus on making the current business model work better. Creativity and innovation are fragile business elements, and they can be easily starved, smothered, and trampled by the larger daily operational demands and old ways of doing things. Your long-term business survival depends on it.

Stock Options 277

Stock Options Incubator Framework Stock 277

YoungUpstarts

JULY 7, 2020

When starting a business, you will have many endeavours whether you have a small or large capital. Aluminium joinery business has been one of the most stable business for the past decade. When starting a business, the first thing most entrepreneurs work on is how to distinguish it from other business.

Reputation 237

Reputation B2B Technical Review Social Media 237