Steve Blank

OCTOBER 10, 2011

I presented to 1,000’s of entrepreneurs, talked to 17 startups, gave 12 lectures, had 9 interviews, chatted with 8 VC’s, sat on 4 panels, talked policy with 2 government ministers, 2 members of parliament, 1 head of a public pension fund and was in 1 TV-documentary. Toxic Business Press and Contradictory Government Incentives.

Finland 332

Finland Naming Russia Government 332

The Startup Magazine

JANUARY 21, 2025

The transport sector offers promising avenues for business growth, particularly with the increasing emphasis on sustainability. As governments and communities aim to reduce environmental impact, there is a rising demand for eco-friendly transport solutions.

Technical Review 144

Technical Review Government Operations Demand 144

Steve Blank

FEBRUARY 23, 2013

To get some perspective on this question, I recently talked with Steve Blank , a serial entrepreneur, co-author of The Start-Up Owner’s Manual, and father of the “lean start-up” movement. government agencies and private corporations, he has a unique perspective.

Business Model 334

Business Model Technical Review Business Plan Search 334

Startup Professionals Musings

MAY 17, 2020

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. A business plan is for you first, not investors.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Startup Professionals Musings

SEPTEMBER 13, 2022

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Apply for contests and business grants. It’s what separates the true entrepreneurs from the wannabes. Are you ready to start?

Intellectual Property 341

Intellectual Property Technical Review Startup Incubator 341

Startup Professionals Musings

FEBRUARY 19, 2013

The problem is that professional investors (Angels and Venture Capital) 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. It’s what separates the true entrepreneurs from the wannabes. Are you ready to start?

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Startup Professionals Musings

DECEMBER 6, 2019

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Apply for contests and business grants. It’s what separates the true entrepreneurs from the wannabes. Are you ready to start?

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Startup Professionals Musings

SEPTEMBER 9, 2019

On the other hand, everyone wants to be an entrepreneur. His focus is on entrepreneurs in America, but what he says applies to every other country as well. I agree with Sharma that it’s time to move on to a new way of thinking, living, and doing business, especially after the relatively recent demoralizing recessionary times.

Engineer 219

Engineer Entrepreneur Offshore Merger 219

Startup Professionals Musings

SEPTEMBER 25, 2021

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. You need a viable business model and customers. Early-stage ideas fall in the same category.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

Steve Blank

SEPTEMBER 5, 2018

Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. 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 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

JUNE 12, 2022

On the other hand, everyone wants to be an entrepreneur. In his classic book “ The 3rd American Dream ,” thought leader Suresh Sharma summarizes the large corporate accomplishments of the 19 th and 20 th centuries, and then lays out the potential of a new entrepreneurial business ecosystem for the 21 st century.

Artificial Inteligence 315

Artificial Inteligence Offshore Merger Technical Review 315

Steve Blank

JANUARY 4, 2011

In my short time in Chile, I spent time meeting with: Chilean entrepreneurs ; as part of Santiago’s Startup Weekend as well as EmprendeUC - DUOC New Ventures Contest Awards ceremony. The country is dead serious in all levels of government and universities about making this happen. This isn’t some small-time effort.

Silicon Valley 335

Silicon Valley Chile South America Venture Capital 335

Startup Professionals Musings

FEBRUARY 10, 2023

Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan.

Technical Review 345

Technical Review Due Diligence Term Sheet Offshore 345

SoCal CTO

JANUARY 5, 2011

Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc. 500 Hats , February 1, 2010 When to Use Facebook Connect – Twitter Oauth – Google Friend Connect for Authentication? . -

Silicon Valley 378

Silicon Valley Startup Term Sheet Venture Capital 378

Steve Blank

NOVEMBER 7, 2023

The first part was railing against the consequences of regulatory capture on innovation and a second part, about the consequences of premature government regulation of AI and why the incumbents are all for it. It’s the antithesis of how founders want to build a business. Regulation What’s regulatory capture? In the U.S.

Washington 319

Washington Government Marketing Silicon Valley 319

Steve Blank

APRIL 14, 2013

business models. Entrepreneurs in Beijing were knowledgeable about Silicon Valley, entrepreneurship and the state of software and tools available for two reasons. The Chinese government must be laughing hysterically over U.S. Almost every entrepreneur I met was using VPN to circumvent the Great Firewall.

China 328

China Silicon Valley Non-Compete Intellectual Property 328

David Teten

MARCH 31, 2012

I’m exceptionally excited to announce that I’m now Chairman and lead investor with some other angels in a new company, Spright Governance Inc. Spright is a spinoff of the Singaporean government, which will leverage their proven expertise and technology to run other cities, states, and nations globally. Photo credit: Wikipedia).

Government 154

Government Singapore New York City Non-Compete 154

Startup Professionals Musings

APRIL 4, 2022

According to my experience and this Motley Fool article from a few years ago, the challenge is very real, with around half of all new businesses no longer existing after five years. My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Startup Professionals Musings

MAY 11, 2020

Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan.

Technical Review 310

Technical Review Due Diligence Term Sheet Offshore 310

Startup Professionals Musings

DECEMBER 29, 2010

In these days of rapid change, almost every startup has to adapt their solution, business model, or target customer. Even when it works, key members of your team may not understand it all until they can touch and feel it. Leverage the technology to change directions as needed. Convince potential investors to take you seriously.

Entrepreneur 236

Entrepreneur Database Early Stage Distribution 236

Startup Professionals Musings

JUNE 11, 2022

Government grants. You still start the process with a business plan, but then you look for a philanthropist rather than an investor. Some nonprofit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. That’s a higher calling. Marty Zwilling.

Angel Investor 327

Angel Investor Equity Technical Review Exit Strategy 327

Startup Professionals Musings

FEBRUARY 12, 2023

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. A business plan is for you first, not investors.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

Steve Blank

FEBRUARY 23, 2013

To get some perspective on this question, I recently talked with Steve Blank , a serial entrepreneur, co-author of The Start-Up Owner’s Manual, and father of the “lean start-up” movement. government agencies and private corporations, he has a unique perspective.

Business Model 226

Business Model Business Plan Technical Review Search 226

Steve Blank

AUGUST 21, 2013

What we found is that during the class almost all of them pivoted - making substantive changes to one or more of their business model canvas components. Both of these groups, those who took the Innovation Corps class and those who didn’t, applied for government peer-reviewed funding through the SBIR program.

SBIR 321

SBIR Technical Review Lean Startup 321

Startup Professionals Musings

JUNE 30, 2019

According to my experience and a this Motley Fool article, the challenge is very real, with around half of all new businesses no longer existing after five years. My first advice for new entrepreneurs is to pick a domain that doesn’t have the sky-high up-front development costs, like online web sites and smart phone apps.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Startup Professionals Musings

SEPTEMBER 10, 2014

Struggling entrepreneurs are often so happy to get a funding offer that they neglect the recommended reverse due diligence on the investors. Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan.

Technical Review 257

Technical Review Due Diligence Term Sheet Offshore 257

ReadWriteStart

JUNE 1, 2020

I have often been asked about Startup Funding by entrepreneurs. Here is Startup Funding, a Comprehensive Guide for Entrepreneurs. 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.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Professionals Musings

JULY 18, 2014

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. You need a viable business model and customers. business entrepreneur idea invention startup value'

Technical Review 266

Technical Review Intellectual Property Early Stage Global 266

Startup Professionals Musings

NOVEMBER 14, 2010

Bockerstette, Main Street Venture Fund As I outlined last week, trophy angel investors are always looking for trophy entrepreneurs. In many areas, not enough entrepreneurs meet the criteria, so it’s still a buyer’s market. Unfortunately, we read far more poorly written business plans at Main Street than good ones. By Joseph A.

Intellectual Property 265

Intellectual Property Balance Sheet Phoenix Arizona 265

Startup Professionals Musings

SEPTEMBER 7, 2018

A critical stage for most first-time entrepreneurs is getting their idea developed into at least a prototype to validate their technology. This process costs money, which professional investors are not willing to contribute, since their interest is in scaling a proven product and business model into a growth business.

Early Stage 225

Early Stage SBIR Technical Review Seed Stage 225

Hearpreneur

JANUARY 25, 2023

This could be a home-based business, franchise option or whatever option looks attractive to you. One thing is certain, your business can succeed if you can put in the right energy and bring in the right people to kick-start it. Government contracting is relatively insulated from broader economic trends and the risk of recession.

Software Review 124

Software Review Technical Review Artificial Inteligence Entrepreneur 124

Steve Blank

JUNE 8, 2021

The trick is we use the same Lean LaunchPad / I-Corps curriculum — and the same class structure – experiential, hands-on– driven this time by a mission -model not a business model. Few consider opportunities to make the world safer with the Department of Defense, Intelligence community or other government agencies.

Lean 417

Lean Security Asia SBIR 417

Startup Professionals Musings

JULY 8, 2015

The problem is that professional investors (angels and venture capital) 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. It’s what separates the true entrepreneurs from the wannabes. Are you ready to start?

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Startup Professionals Musings

JANUARY 6, 2023

As an advisor to business professionals and entrepreneurs, I often hear about an innovative new solution that could lead to business growth or a new business. Unfortunately, in my experience, it takes much more than an innovative idea to launch a successful business today.

Technical Review 201

Technical Review Government Agile Differentiation 201

Startup Professionals Musings

JULY 3, 2011

Government grants. You still start the process with a business plan, but then you look for a philanthropist rather than an investor. Some non-profit entrepreneurs think they can skip the whole plan, rather than just the sections on valuation, equity offered, and exit strategy. That’s a higher calling. Marty Zwilling.

Angel Investor 238

Angel Investor Technical Review Exit Strategy Equity 238

Gust

APRIL 27, 2014

Think about the implications of each to your own business, and the potential impact of getting them done incorrectly, or forgetting to do them entirely: Manage your financials and physical assets. Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Steve Blank

APRIL 14, 2013

business models. Entrepreneurs in Beijing were knowledgeable about Silicon Valley, entrepreneurship and the state of software and tools available for two reasons. The Chinese government must be laughing hysterically over U.S. Almost every entrepreneur I met was using VPN to circumvent the Great Firewall.

China 220

China Silicon Valley Non-Compete Intellectual Property 220