article thumbnail

10,000 Startups – Startup Weekend Next

Steve Blank

The class teaches founders how to dramatically reduce their failure rate through the combination of business model design, customer development and agile development using the Startup Owners Manual. When you leave the class, you’ll know how to think about your startup in the now standard “language” of the business model canvas.

Startup 335
article thumbnail

The Secret Sauce Of Start-Up Success

YoungUpstarts

Build a business model that scales. Your business model should be scalable and have the capacity to grow beyond the audience sweet spot you identified early on in this process. As you build your business model, dig deep to find the “what ifs.”

Georgia 238
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

Overall, nonventure-backed companies fail more often than venture-backed companies in the first four years of existence, typically because they dont have the capital to keep going if the business model doesnt work, Harvards Mr. Ghosh says. Electric, Gas, Water, Sanitary Svcs. Non-classifiable Establishments. California. Connecticut.

article thumbnail

Making a Dent in the Universe – Results from the NSF I-Corps

Steve Blank

Few of the Principal Investigators or Entrepreneurial Leads had startup experience, and few of the mentors were familiar with Business Model design or Customer Development. I-Corps teams spent the class refining their business model and minimum viable product. how to find product/market fit, and a scalable business model.

Lean 260
article thumbnail

Philosopher Versus MBA

Reid Hoffman

But if you ask me whether I’d rather invest in the entire class of Computer Science graduates from Stanford, MIT, Georgia Tech, and CMU, or the entire class of MBA graduates from Harvard Business School, Stanford’s Graduate School of Business, Wharton, and Kellogg, I’ll take the CS graduates.

article thumbnail

Philosopher Versus MBA

Reid Hoffman

But if you ask me whether I’d rather invest in the entire class of Computer Science graduates from Stanford, MIT, Georgia Tech, and CMU, or the entire class of MBA graduates from Harvard Business School, Stanford’s Graduate School of Business, Wharton, and Kellogg, I’ll take the CS graduates.

article thumbnail

3 Years and 4 Jobs

Austin Startup

Let’s be real… I was raised in the suburbs of Atlanta, Georgia and I had a privileged upbringing. Total Freedom… When I graduated college that boyfriend I was clinging onto in Georgia, broke it off with me. I was disappointed but determined to start a business. I went to private school and played on club sports teams.

Georgia 48