TechEmpower

JULY 31, 2023

Proving your Business Model Works - Build, Define, and Review But how do you prove your numbers? channels (search, social, viral, new media), cost-efficient distribution We often reference Dave’s work when talking to innovators. These two questions/answers can help define the early proof points for your company.

Metrics 260

Metrics Startup Retention Acquisition 260

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 Non-industrial large organizations cling to outdated business models.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 new corporate model is a distributed entrepreneurial model.

Artificial Inteligence 315

Artificial Inteligence Offshore Merger Technical Review 315

Startup Professionals Musings

FEBRUARY 14, 2022

Nail the business model. Leverage your customer conversations to predict and validate your business model. For example, when you think about distribution channels, revenue streams, or the relationship with the customer, ask customers what they expect.

Angel Investor 359

Angel Investor Technical Review Incubator Business Model 359

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 304

Startup New York City Valuation Distribution 304

Startup Professionals Musings

JUNE 11, 2022

A nonprofit organization is generally defined as an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals. Yet as an active angel investor, I still get this question on a regular basis, so I’ll try to outline the considerations in common-sense terms.

Angel Investor 327

Angel Investor Equity Technical Review Exit Strategy 327

Version One Ventures

SEPTEMBER 12, 2023

The most powerful disruptions occur when a technology disruption and a business model disruption go hand in hand. This ‘double disruption’ forces incumbents to get up to speed with a new technology and a new business model at the same time. it is worthwhile to think about the potential business model disruption.

Business Model 126

Business Model Technology Differentiation Software 126

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. Entrepreneurs need to spend time working on the business, as well as in the business. Usually it pays to work in an industry for a while, before you try to fix it.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

Steve Blank

SEPTEMBER 5, 2018

NewTV will depend on partners like telcos to distribute the content. Given Verizon just shut down Go90 , its short form content video service, it will be interesting to see if Verizon distributes Katzenberg’s offerings.). Will these third parties produce something people will watch? But NewTV doesn’t plan on testing these hypotheses.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

JANUARY 6, 2023

Even adding money won’t do it – you need to create a committed and engaged team and partners for marketing and sales, as well as production and distribution. Choose a business model that will win in the market.

Technical Review 201

Technical Review Government Agile Differentiation 201

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. That’s no longer the correct model. Disruptive Technology.

Technical Review 396

Technical Review Artificial Inteligence Technology United States 396

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. The new corporate model is a distributed entrepreneurial model.

Engineer 219

Engineer Entrepreneur Offshore Merger 219

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. In a FOLD world, this is going to continue.

Early Stage 374

Early Stage Software Review Technical Review Due Diligence 374

ReadWriteStart

SEPTEMBER 8, 2020

Still, COVID-19 helped tip the balance towards a globally distributed model. And finally, running subsidiaries and offices in numerous countries push business owners into overcoming mental barriers to global expansion. A globally distributed business model allows you to hire the best talent wherever in the world it is.

Distribution 145

Distribution Global Agile Startup 145

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. Entrepreneurs need to spend time working on the business, as well as in the business. Usually it pays to work in an industry for a while, before you try to fix it.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Startup Professionals Musings

MAY 15, 2019

Nail the business model. Leverage your customer conversations to predict and validate your business model. For example, when you think about distribution channels, revenue streams, or the relationship with the customer, ask customers what they expect.

Startup 245

Startup Angel Investor Technical Review Incubator 245

Steve Blank

JUNE 26, 2014

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.

Intellectual Property 290

Intellectual Property Lean IP Open Source 290

Steve Blank

SEPTEMBER 16, 2014

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

Cofounder Founder Intellectual Property Business Model 335

Steve Blank

APRIL 23, 2014

Most large companies manage three types of innovation: process innovation (making existing products incrementally better), continuous innovation (building on the strength of the company’s current business model but creating new elements) and disruptive innovation (creating products or services that did not exist before.).

Acquisition 334

Acquisition Intellectual Property Silicon Valley Startup 334

Startup Professionals Musings

MAY 14, 2012

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. I support her assertion that a business model consists of at least the first seven of the following ten basic elements: Value proposition.

Business Model 242

Business Model Distribution Viral Green 242

The Entrepreneurial Mind

MARCH 14, 2011

Being a successful entrepreneur in the emerging new music industry will require a willingness to forget the old business models. They are just not willing to pay for it in the traditional way it was packaged and distributed. So what has changed? It starts with what people are willing to pay for.

Business Model 67

Business Model Social Media Technical Review Distribution 67

Steve Blank

NOVEMBER 11, 2013

This post is an update of what we learned about life science distribution channels. Life Science/Health Care distribution channels differ by Category. It turns out that for commercialization, the business model (Customers, Channel, Revenue Model, etc.) Diagnostics. Week 3 Todd Morrill Instructor . Lessons Learned.

Distribution 232

Distribution Channel Lean Intellectual Property 232

Startup Professionals Musings

JULY 9, 2017

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 activities. Key partners.

Business Model 143

Business Model Intellectual Property Startup Angel Investor 143

Startup Professionals Musings

JANUARY 13, 2014

The real milestone, proving the business model, is that first product sold for full price to a total stranger, leaving him happy. Even with the global reach of the Internet, selling your first product from your website will likely not be much of a business. business model customer sales entrepreneur investor startup'

Business Model 248

Business Model Sales Customer Distribution 248

Steve Blank

MAY 6, 2015

Learning could be about product features, customer needs, the right pricing and distribution channel, etc.) These hypotheses span the gamut from who’s the customer(s), to what’s the value proposition (product/service features), pricing, distribution channel, and demand creation (customer acquisition, activation, retention, etc.).

Lean 120

Lean Agile Business Model Customer Development 120

Startup Professionals Musings

JANUARY 22, 2021

How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Word of mouth is not adequate for marketing and sales.

Business Model 414

Business Model Angel Investor Bootstrapping Revenue 414

Startup Professionals Musings

NOVEMBER 24, 2013

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 new corporate model is a distributed entrepreneurial model.

Entrepreneur 263

Entrepreneur Offshore Merger Technical Review 263

Startup Professionals Musings

JANUARY 29, 2011

I expect that should seem intuitive to all entrepreneurs, but every investor I know has many stories about startup funding requests with major business model elements missing. I support her assertion that a business model consists of at least the first seven of the following ten basic elements: Value proposition.

Business Model 246

Business Model Distribution Viral Green 246

Startup Professionals Musings

SEPTEMBER 23, 2017

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 new corporate model is a distributed entrepreneurial model.

Offshore 139

Offshore Merger Technical Review Distribution 139

Startup Professionals Musings

SEPTEMBER 8, 2019

A nonprofit organization is generally defined as an organization that does not distribute its surplus funds to owners or shareholders, but instead uses them to help pursue its goals. Yet as an active angel investor, I still get this question on a regular basis, so I’ll try to outline the considerations in common-sense terms.

Equity 235

Equity Angel Investor Technical Review Exit Strategy 235

The Startup Magazine

AUGUST 11, 2023

One needs to evaluate their go-to-market strategy, distribution channels, scalability, execution team, and so on at this time. During the pre-seed fundraising stage, investors need a viable business plan to base their investments on.

Seed Stage 123

Seed Stage Technical Review Early Stage Due Diligence 123

YoungUpstarts

MARCH 4, 2020

It will enable individuals to understand the travellers’ needs and expectations intimately which can result in new hospitality business models. They understand the need to constantly improve in order to develop resilient hospitality business models hand-in-hand with their employers.

Singapore 165

Singapore Technical Review Artificial Inteligence Myanmar 165

Startup Professionals Musings

AUGUST 31, 2018

I’m sure you can all think of several examples of businesses that popped up quickly, with great business models, but then faded just as quickly. For example, you may have a product, but not a strong distribution channel. Examples would include Pets.com, Webvan, and Blockbuster. Find ways to work with your competition.

Angel Investor 167

Angel Investor Dilution Software Review Distribution 167

Startup Professionals Musings

JANUARY 18, 2014

Nail the business model. Leverage your customer conversations to predict and validate your business model. For example, when you think about distribution channels, revenue streams, or the relationship with the customer, ask customers what they expect.

Entrepreneur 283

Entrepreneur Startup Angel Investor Technical Review 283

The Startup Magazine

SEPTEMBER 15, 2020

This will be your calling card and a good jumping-off point to discuss your business with potential investors. Your pitch deck provides an overview of your entire business. This deck shares insights about your service or product, business model, funding needs, and the skills of your management team. Management team.

Venture Capital 143

Venture Capital Technical Review Software Review Security 143

VC Cafe

OCTOBER 31, 2024

Non-consensus investments , on the other hand, are those that defy popular opinion or seem risky due to unconventional business models, unproven markets, or early market entry. This often occurs in hot sectors or with startups that have demonstrated strong early traction.

Technical Review 78

Technical Review Due Diligence ChatGPT Generative AI 78

Startup Professionals Musings

APRIL 20, 2015

How do you convince investors that your business model will really work, before you have a revenue stream that exceeds your expenses? Even if you are bootstrapping your business, and you are the only investor, you should be asking yourself the same question. Word of mouth is not adequate for marketing and sales.

Business Model 120

Business Model Angel Investor Startup Bootstrapping 120

Startup Professionals Musings

MAY 12, 2017

Nail the business model. Leverage your customer conversations to predict and validate your business model. For example, when you think about distribution channels, revenue streams, or the relationship with the customer, ask customers what they expect.

Startup 161

Startup Angel Investor Technical Review Incubator 161