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

Steve Blank

FEBRUARY 23, 2013

government agencies and private corporations, he has a unique perspective. First, he says, the focus of an established firm is to execute an existing business model — to make sure it operates efficiently and satisfies customers. As someone who teaches entrepreneurship not only in universities but also to U.S.

Business Model 334

Business Model Technical Review Business Plan Search 334

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. He recently gave a talk at the All-In Summit that was really two talks in one. In the U.S. Bill Gurley’s point.)

Washington 319

Washington Government Marketing Silicon Valley 319

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 306

Startup New York City Valuation Distribution 306

Steve Blank

SEPTEMBER 5, 2018

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. Companies struggle to compete while reconfiguring legacy distribution channels, pricing models and supply chains.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

SEPTEMBER 13, 2022

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. 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.

Intellectual Property 341

Intellectual Property Technical Review Startup Incubator 341

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. Viral marketing costs real money, and your support staff and hosting systems cost even more.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Steve Blank

SEPTEMBER 14, 2017

An existing company or government organization is primarily organized for day-to-day execution of its current business processes or mission. In reality for innovation to contribute to a company or government agency, it needs to be designed a process from start to deployment. There’s a much better way. Three common mistakes.

Incubator 319

Incubator Curation Engineer Government 319

Startup Professionals Musings

DECEMBER 6, 2019

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. 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.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Startup Professionals Musings

SEPTEMBER 25, 2021

Many great technology solutions, like hydrogen engines for cars, look great on paper, but are extremely difficult to make a business. The value is tied to infrastructure outside your control, such as a pervasive network of fuel stations, trained service facilities, and new government regulations.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

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.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Steve Blank

JANUARY 4, 2011

The government ; the Innovation Division of the Ministry of Economy , the Chilean Economic Development Agency , (CORFO) which sponsored Start-Up Chile and Do Future in Patagonia as well as Fundacion Chile , the main R&D agency and the National Innovation Council. This isn’t some small-time effort. Corporate Connections. UAV’s?

Silicon Valley 335

Silicon Valley Chile South America Venture Capital 335

Steve Blank

APRIL 14, 2013

business models. The Chinese government must be laughing hysterically over U.S. When the Chinese government censors (run by their propaganda department ) shutdown access to yet another U.S. Most of their parents still tell them to work for the government or a big company. Of course “copy” is too strong a word.

China 328

China Silicon Valley Non-Compete Intellectual Property 328

Steve Blank

FEBRUARY 23, 2013

government agencies and private corporations, he has a unique perspective. First, he says, the focus of an established firm is to execute an existing business model — to make sure it operates efficiently and satisfies customers. Big Companies versus Startups: Durant versus Sloan Business Model versus Business Plan'

Business Model 226

Business Model Business Plan Technical Review Search 226

Startup Professionals Musings

FEBRUARY 10, 2023

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. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels.

Technical Review 345

Technical Review Due Diligence Term Sheet Offshore 345

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. Government bail-outs do not promote innovation. Many countries have learned to make products cheaper and better.

Artificial Inteligence 315

Artificial Inteligence Offshore Merger Technical Review 315

Startup Professionals Musings

JULY 14, 2014

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.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

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

Startup Professionals Musings

JUNE 11, 2022

Government grants. All other sections, starting with a definition of the problem and the solution, opportunity sizing, business model, competition, executive team, and financial projections, are just as critical for nonprofits as for-profits. As in any company, they can lead to employee problems, or messy legal issues.

Angel Investor 327

Angel Investor Equity Technical Review Exit Strategy 327

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

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. Apply for contests and business grants.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Startup Professionals Musings

MAY 11, 2020

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. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels.

Technical Review 310

Technical Review Due Diligence Term Sheet Offshore 310

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

SEPTEMBER 7, 2018

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. Acquiring seed-stage funding is admittedly tough, but a source that I find often overlooked is government grant funding, accessible in the U.S.

Early Stage 225

Early Stage SBIR Technical Review Seed Stage 225

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. Viral marketing costs real money, and your support staff and hosting systems cost even more.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

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. Government bail-outs do not promote innovation. Many countries have learned to make products cheaper and better.

Entrepreneur 263

Entrepreneur Offshore Merger Technical Review 263

Steve Blank

DECEMBER 10, 2014

Over 44 classes have embedded the business model canvas and/or Customer Discovery including a year-long course taken by every single one of its bioengineering majors. Elements of the business model canvas and/or discovery-based interviews of stakeholders have already been incorporated into 44 other classes at UMD.

Maryland 280

Maryland Lean DC Virginia 280

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. Apply for contests and business grants.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Startup Professionals Musings

JANUARY 6, 2023

For example, a while back a passionate entrepreneur approached me with an innovative solution for reducing world hunger, but hadn’t focused on the fact that hungry people often don’t have any money, and governments are not easy customers. Choose a business model that will win in the market.

Technical Review 201

Technical Review Government Agile Differentiation 201

Startup Professionals Musings

SEPTEMBER 10, 2014

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. Taking on equity investors to fund your company is much like getting married – it is a long-term relationship that has to work at all levels.

Technical Review 257

Technical Review Due Diligence Term Sheet Offshore 257

Startup Professionals Musings

JULY 18, 2014

Many great technology solutions, such as hydrogen engines for cars, look great on paper, but are extremely difficult to make into a business. The value is tied to infrastructure outside your control, such as a pervasive network of fuel stations, trained service facilities and new government regulations.

Technical Review 266

Technical Review Intellectual Property Early Stage Global 266

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 176

Venture Capital Technical Review Software Review Security 176

Steve Blank

APRIL 14, 2013

business models. The Chinese government must be laughing hysterically over U.S. When the Chinese government censors (run by their propaganda department ) shutdown access to yet another U.S. Most of their parents still tell them to work for the government or a big company. Of course “copy” is too strong a word.

China 220

China Silicon Valley Non-Compete Intellectual Property 220

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. Government bail-outs do not promote innovation. Many countries have learned to make products cheaper and better.

Engineer 219

Engineer Entrepreneur Offshore Merger 219

Startup Professionals Musings

SEPTEMBER 8, 2019

Government grants. All other sections, starting with a definition of the problem and the solution, opportunity sizing, business model, competition, executive team, and financial projections, are just as critical for nonprofits as for-profits. As in any company, they can lead to employee problems, or messy legal issues.

Equity 235

Equity Angel Investor Technical Review Exit Strategy 235

Steve Blank

APRIL 28, 2014

He’s helping city government in Philadelphia become more innovative by applying Lean startup methods and Philadelphia University’s innovation curriculum. I asked him to share an update on his work on teaching lean techniques to local governments. Building a Government Innovation Curriculum. Here’s the story of our journey.

Government 310

Government Philadelphia Lean Customer Development 310

Startup Professionals Musings

MAY 7, 2012

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.

Startup 242

Startup Early Stage Database Distribution 242