Startup Professionals Musings

JUNE 26, 2020

Provide specifics on the customer business model. Document why your team is the best for this challenge. I personally find that writing down my business plan is a good discipline to incent me to think through all the issues, and do the research on the alternatives available.

Business Plan 423

Business Plan Product Intellectual Property Elevator Pitch 423

Startup Professionals Musings

OCTOBER 28, 2013

Every business has complex and diverse dilemmas which are not specifically covered in documented procedures, so employees need clear values leadership for guidance. A successful business is far more than a good product and a good business model – it’s equally about projecting and executing with a great culture.

Software Review 250

Software Review Offshore Leadership .Net 250

Steve Blank

MARCH 31, 2011

Over the last decade we assumed that once we found repeatable methodologies (Agile and Customer Development , Business Model Design) to build early stage ventures, entrepreneurship would become a “science,” and anyone could do it. Instead we ended up with poorly written documents that looked like ransom notes.

Agile 334

Agile Customer Development Early Stage Business Model 334

Startup Professionals Musings

MARCH 21, 2020

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.” Don’t send investors documents and notes that would be rejected by any high-school teacher.

Technical Review 310

Technical Review Angel Investor Business Plan Social Media 310

Startup Professionals Musings

SEPTEMBER 24, 2014

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 that I’ve been too busy to finalize.” Don’t send investors documents and notes that would be rejected by any high-school teacher.

Entrepreneur 299

Entrepreneur Technical Review Business Plan Angel Investor 299

Gust

APRIL 27, 2014

Even when your startup is a one-man show and lots of fun, a “business” needs some discipline and controls to keep it from being defined as a hobby by investors, and assure some financial return. Like it or not, you are now entering the dreaded realm of specifying and documenting “formal business processes.” Funding process.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Startup Professionals Musings

DECEMBER 18, 2022

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.” Don’t send investors documents and notes that would be rejected by any high-school teacher.

Business Plan 273

Business Plan Technical Review Angel Investor Social Media 273

Startup Professionals Musings

JANUARY 7, 2013

The market and venture capitalists are looking for business, but with a continuing focus on proven business models. Here are some key action items that may give your business some visibility: Start with an investment-grade business plan. Don’t try to talk your way to a deal before you have the documentation.

Venture Capital 252

Venture Capital IPO Elevator Pitch Initial Public Offering 252

Startup Professionals Musings

AUGUST 28, 2019

Every business has complex and diverse dilemmas which are not specifically covered in documented procedures, so employees need clear values leadership for guidance. A successful business is far more than a good product and a good business model – it’s equally about projecting and executing with a great culture.

Software Review 192

Software Review Offshore Leadership .Net 192

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 31, 2011

The tool is really versatile and can be used by anyone that needs online documentation. There are dozens of tools for “online documentation,” and I guarantee his is great for certain people and not for others. If printing and binding the documentation is important, is his the best tool?

Customer 279

Customer Software Review SEM Technical Review 279

Startup Professionals Musings

APRIL 2, 2012

After struggling to create your business plan for months, every entrepreneur likes to think that their document is inspirational and will reach someone who is smart enough to see the brilliance of the idea, intuitive enough to recognize their business acumen, and enthusiastic enough to offer the money required to make it happen.

Elevator Pitch 244

Elevator Pitch Technical Review Business Plan .Net 244

Startup Professionals Musings

FEBRUARY 5, 2011

After struggling to create your business plan for months, every entrepreneur likes to think that their document is inspirational and will reach someone who is smart enough to see the brilliance of the idea, intuitive enough to recognize their business acumen, and enthusiastic enough to offer the money required to make it happen.

Business Plan 242

Business Plan Elevator Pitch Technical Review .Net 242

Startup Professionals Musings

SEPTEMBER 30, 2013

Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. It’s hard to build a business without a plan, just like it’s hard to build a house without a blueprint. It doesn’t prove your business model of pricing, distribution, and support.

Intellectual Property 281

Intellectual Property Entrepreneur Sweat Equity CTO Hire 281

Steve Blank

APRIL 21, 2011

Their week 6 business model now looked like this: . Last week we challenged the team that unless they developed hardware which could tell the difference between a weed and a plant, their business model would be just another set of PowerPoint slides. Should they look at the Document Management market?

Channel 234

Channel Artificial Inteligence San Francisco Business Model 234

Startup Professionals Musings

AUGUST 31, 2012

Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. It’s hard to build a business without a plan, just like it’s hard to build a house without a blueprint. It doesn’t prove your business model of pricing, distribution, and support.

Intellectual Property 260

Intellectual Property Sweat Equity CTO Hire Fractional CTO 260

Startup Professionals Musings

JUNE 17, 2011

Here are some tips which will signal traction and fundability to investors, as well as to your team: Document your business plan. It’s hard to build a business without a plan, just like it’s hard to build a house without a blueprint. It doesn’t prove your business model of pricing, distribution, and support.

Intellectual Property 253

Intellectual Property Sweat Equity CTO Hire Fractional CTO 253

Startup Professionals Musings

SEPTEMBER 9, 2017

Every business has complex and diverse dilemmas which are not specifically covered in documented procedures, so employees need clear values leadership for guidance. A successful business is far more than a good product and a good business model – it’s equally about projecting and executing with a great culture.

Software Review 166

Software Review Offshore Leadership .Net 166

Steve Blank

MAY 6, 2015

Founders assumed they understood customer problems/needs, wrote engineering requirements documents, designed the product, implemented /built the hardware/software, verified that it worked by testing it, and then introduced the product to customers in a formal coming out called first customer ship. Generating Hypotheses. Testing Hypotheses.

Lean 120

Lean Agile Business Model Customer Development 120

Startup Professionals Musings

AUGUST 2, 2019

Define and document the portfolio of initiatives to deliver on your strategic objectives and fulfill your production and skill requirements. Constantly validate your solution fit, schedule, and business model with feedback from key customer advocates. Architect: Build an actionable plan and acquire delivery resources.

Technical Review 226

Technical Review Leadership Portfolio Matching 226

SoCal CTO

MARCH 11, 2013

As Steve Blank likes to say: A Startup Is a Temporary Organization Designed to Search for A Repeatable and Scalable Business Model The unfortunate reality is - an MVP is not the above! No, you won't know if you will really get a check - most investors are hard to actually get a check from - but you will have a pretty good indication.

Algorithm 264

Algorithm Metrics Viral Venture Capital 264

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 7, 2013

This is the fifth article in a series on novel ideas for SaaS metrics, which started with The unprofitable SaaS business model trap , COC: a new metric for cancellations , The mistake of 1/c in LTV , and SSEBITDA: Steady-state profit metric. Documented in this great SaaS metrics overview by David Skok.)

Metrics 244

Metrics Technical Review Revenue Cost 244

A Smart Bear: Startups and Marketing for Geeks

JULY 23, 2013

So no, this upside-down business model isn’t what a SaaS business should construct. I wish the modern startup community would understand the mindset that gets a company to this point, and resist it. The mindset works like this: It costs a lot of money to land an enterprise customer.

Business Model 335

Business Model .Net Revenue IPO 335

Steve Blank

FEBRUARY 16, 2012

Alexander Osterwalder and I spent last week in Salt Lake City, Utah as judges at the 2 nd Annual International Business Model Competition , hosted by Professor Nathan Furr , and his team at the BYU Center for Entrepreneurship. In an existing corporation, the business plan is the execution document for sustaining innovation.

Business Model 270

Business Model Customer Development Utah Business Plan 270

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

The Startup Magazine

AUGUST 20, 2020

What you can expect to have coming in and going out should be documented in detail. Business model based on client needs and expectations. Remember to include the cost of office space, supplies, technology, marketing, and outsourcing. Have a Vision. There’s more to an effective strategy than money.

Technical Review 156

Technical Review Social Media Reputation Salary 156

ReadWriteStart

JUNE 1, 2020

In very few specific cases, depending on the nature of the business, the business model might demand a considerable gestation period or extensive research and development. For these businesses, it is imperative to get funding from the start without which the company cannot be set up. They will surely help you.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

JANUARY 28, 2015

Every business has complex and diverse dilemmas which are not specifically covered in documented procedures, so employees need clear values leadership for guidance. A successful business is far more than a good product and a good business model – it’s equally about projecting and executing with a great culture.

Founder 120

Founder Software Review Offshore Startup 120

Startup Professionals Musings

APRIL 21, 2012

This is a very costly development, testing, documentation, and support challenge. Razor blade model. In this model, like cheap printers with expensive ink cartridges, the base unit is often sold below cost, with the anticipation of ongoing revenue from expensive supplies.

Business Model 282

Business Model Revenue Portfolio Differentiation 282

Startup Professionals Musings

JUNE 5, 2017

Find someone with complementary business knowledge, and the time to help, with your trust and respect, Document your objectives and talk often. Don’t start your business in a domain where you have no experience, even if it looks like a sure-fire success. Balance of technical and business knowledge.

Technical Review 152

Technical Review Stealth Lean Social Media 152

Startup Professionals Musings

MARCH 5, 2018

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.” Don’t send investors documents and notes that would be rejected by any high-school teacher.

Technical Review 157

Technical Review Angel Investor Business Plan Social Media 157

The Startup Magazine

OCTOBER 23, 2018

While bookkeeping and written documents still exist, communication revolves around eye-to-eye contact with colleagues. In that regard, startups should be built with agile workflow from the get go and make it a part of their business model. Less Bureaucracy. The tech giants deal with layers of bureaucracy and compliance.

Technical Review 132

Technical Review Agile Startup Software Review 132

ReadWriteStart

JUNE 8, 2021

But with efficient employees, your costs decrease, customer loyalty increases, and your business model will have a much better chance of success. Documentation. Of course, your workflows and processes should also be heavily documented, even if they’re subject to change in the future.

Employee 127

Employee Product Startup Software Review 127

YoungUpstarts

OCTOBER 19, 2017

The lean start-up movement has been based on a single insight – which the purpose of a start-up is to discover a business model that works. The objective of a start-up is to discover a business model that works. This process continues until a viable product (and business model) can be discovered.

Product Development 153

Product Development Lean Developer Product 153

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. User-friendly courier delivery apps ensure round-the-clock fulfillment of parcels to customers across different locations. .

Technical Review 163

Technical Review Artificial Inteligence Demand Social Media 163

Up and Running

AUGUST 21, 2018

So, it’s time to fix the traditional business plan and replace it with a planning process that works. Lean Planning is a faster and better business plan solution. Lean Planning is a 4-step process that helps you discover a business model that works and manage a company successfully. Your business strategy.

Lean 134

Lean Forecast Software Review Business Plan 134

Hearpreneur

OCTOBER 10, 2023

Beyond that, it acts as your business's guiding roadmap, ensuring you stay aligned with your goals as your operations adapt to evolving circumstances. As a dynamic document, it remains rooted in your business's core objectives while flexibly responding to change. Thanks to Evan Tunis, Florida Healthcare Insurance ! #2-

Business Plan 143

Business Plan Jordan Entrepreneur Florida 143

Both Sides of the Table

MAY 7, 2011

Working with writers to create documentation. The original business model for StackOverflow was to help employers find good programmers. A program manager would traditionally be responsible for: Writing the detailed specification for how the software should work. Communicating with the developers who write code.

Software Review 285

Software Review Software St. Louis API 285