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. Join a startup incubator. Nevertheless, it’s an option that doesn’t cost you equity.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

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

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

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. Join a startup incubator. Nevertheless, it’s an option that doesn’t cost you equity.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

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. Join a startup incubator. Nevertheless, it’s an option that doesn’t cost you equity.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

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. In general, banks won’t give you a loan until the business is cash-flow positive, no matter what the future potential.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

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

Startup Professionals Musings

JULY 1, 2017

The problem is that professional investors (angels and venture capitalists) 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. Join a startup incubator.

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

JANUARY 12, 2018

According to a recent 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 134

Intellectual Property Technical Review Startup Incubator 134

ReadWriteStart

OCTOBER 13, 2011

I presented to thousands of entrepreneurs, talked to 17 startups, gave 12 lectures, had nine interviews, chatted with eight VC's, sat on four panels, talked policy with two government ministers, two members of parliament, one head of a public pension fund and was in one TV documentary. A government that's trying to help, but gets in the way.

Finland 158

Finland Venture Capital Government Russia 158

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. Join a startup incubator.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

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. Incubators and Accelerators.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Up and Running

APRIL 8, 2015

A business in its early stages can often use a leg up, whether in the form of wise words from a mentor or an introduction to a strategic partner. This is where incubators come in. Incubators were designed to fill the gap between knowledge and connections. Incubators provide that very important sense of community.

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Incubator Cofounder Founder Early Stage 60

Steve Blank

JUNE 26, 2015

government to help them innovate faster– not just kind of fast, but 10x the number of initiatives in 1/5 the time. The first, the notion of the “ ambidextrous organization ” from O’Reilly and Tushman , posits that companies that want to do continuous innovation need to execute their core business model while innovating in parallel.

Lean 120

Lean Management Business Model Incubator 120

Steve Blank

AUGUST 25, 2015

I’ve spent this year working with corporations and government agencies that are adopting and adapting Lean Methodologies. Most of the time our attempts at innovation result in “innovation theater” – lots of motion (memos from our CEO, posters in the cafeteria, corporate incubators) but no real change. —– What Have We Lost?

Lean 120

Lean Entrepreneur Business Model Silicon Valley 120

David Teten

AUGUST 15, 2013

In addition, BizSpark offers technical support, business training, and a network of over 2,000 partners to connect members with incubators, investors, advisors, government agencies, and other resources. 4) Accelerators.

Startup 114

Startup Technical Support Venture Capital Balance Sheet 114

VC Cafe

SEPTEMBER 26, 2010

Launch48 is a new kind of micro-incubator taking place over the course of a weekend, which enables entrepreneurs to pitch their concept in one minute, in order to find team mates who are interested in pursuing the idea. Ask customers how they would use your product – friends and family don’t count for this purpose.

Elevator Pitch 102

Elevator Pitch Incubator Technical Review Startup 102

The Startup Magazine

OCTOBER 25, 2017

Across the world, work spaces, maker spaces, incubators, and accelerators are opening, expanding, and making an impact on their communities, and beyond. Entrepreneurs who’ve overcome the proof-of-concept phase of their startups want to take their businesses to the next level. Endeavor Entrepreneurs.

Miami 72

Miami Technical Review Software Review Advisory Board 72

Startup Professionals Musings

JANUARY 18, 2021

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. They believe in you above all else.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

Steve Blank

JANUARY 22, 2013

Lean LaunchPad Colombia starts again today in Bogota with 25 more teams of tech entrepreneurs and at 25 mentors from the country’s universities, incubators, and chambers of commerce. The program is funded by the Colombian government and modeled after the NSF Innovation-Corps program created and built by my partner and co-author Steve Blank.

Colombia 327

Colombia Lean Silicon Valley Coder 327

Duct Tape Marketing

APRIL 6, 2022

Founders Space was ranked the #1 incubator for overseas startups by Forbes and Entrepreneur Magazines. Steve is also the author of Surviving a Startup: Practical Strategies for Starting a Business, Overcoming Obstacles, and Coming Out on Top. You know, could you look at my business plan? So you are your, your business model.

San Francisco 101

San Francisco Technical Review Incubator Silicon Valley 101

Startup Professionals Musings

APRIL 12, 2021

In my experience as a business advisor and occasional investor, many of you won’t make it that far, succumbing to the high costs of getting those first customers, funding an initial inventory, and building an operational support process. Actively seek out government and local incentives. Negotiate bartering deals versus cash contracts.

Dilution 404

Dilution Incubator Bootstrapping Government 404

Steve Blank

JUNE 5, 2018

Is your organization full of Hackathons, Shark Tanks, Incubators and other innovation programs, but none have changed the trajectory of your company/agency? We describe their efforts as “heroic” because all the established procedures and processes in a large company are primarily designed to execute and support the current business model.

Programming 326

Programming Incubator Leadership Silicon Valley 326

Startup Professionals Musings

AUGUST 29, 2020

Find a major customer, or a complimentary business, who sees such value in your idea that they are willing to give you an advance on royalty payments to complete your development. Join a startup incubator or accelerator. Request a small business grant. Solicit venture capital investors.

Equity 436

Equity Small Business Administration SBA Syndication 436

Steve Blank

JANUARY 22, 2013

Lean LaunchPad Colombia starts again today in Bogota with 25 more teams of tech entrepreneurs and at 25 mentors from the country’s universities, incubators, and chambers of commerce. The program is funded by the Colombian government and modeled after the NSF Innovation-Corps program created and built by my partner and co-author Steve Blank.

Colombia 292

Colombia Lean Silicon Valley Coder 292

Steve Blank

JUNE 11, 2012

The NSF I-Corps Lean LaunchPad class has different goals then the same class taught in a university or incubator. In an incubator, the Lean LaunchPad develops angel or venture-funded startups. It doesn’t replace private capital with government funds. how to find product/market fit, and a scalable business model.

Lean 260

Lean Incubator Business Model Georgia 260

Steve Blank

MAY 29, 2019

The easy part is, “Let’s have an incubator.” My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.” Today the capstone class is most often experiential, team-based, hands on, focused around the search for a repeatable and scalable business model.

Incubator 333

Incubator Lean Programming Government 333

Steve Blank

OCTOBER 10, 2017

The process recognizes that Innovation isn’t a single activity (an incubator, a class, etc.). Prioritization : Once a list of innovation ideas has been refined by curation, it needs to be prioritized using the McKinsey Three Horizons Model. government federal research agencies to turn ideas into products.

Lean 250

Lean SBIR Incubator Curation 250

Steve Blank

OCTOBER 26, 2013

It’s a model for a government program that’s gotten the balance between public/private partnerships just right. government has built an accelerator for scientists and engineers. BTW, NCIIA is offering other accelerators and incubators a class to learn how to build their own versions of I-Corps here.

Lean 270

Lean Washington Incubator Agile 270

Steve Blank

JULY 13, 2021

Founders of startups (and new ventures inside existing companies) are searching for product/market fit and a repeatable and scalable business model. At the start of the 21st century, after two decades and 8 startups, I retired and had time to think about how VCs directed their startups using business plans. experiential.

Lean 436

Lean Agile Business Model Business Plan 436

Austin Startup

MARCH 1, 2020

From September 2017 to September 2018, Milis Bio participated in the University College Cork IGNITE Incubator program, and they won Bank of Ireland/IGNITE Business of the Year for 2018. Unable to govern events, I govern myself, and apply myself to them.” Mike Sheehan , CEO and Founder at Milis Bio, earned a B.S.

Ireland 62

Ireland Morocco North America Philippines 62

Startup Professionals Musings

OCTOBER 2, 2023

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. They believe in you above all else.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

Startup Professionals Musings

SEPTEMBER 7, 2022

Don’t be shy about networking for advisors with business experience for coaching and mentoring. Sources should include local startup incubators, blog owners, and government support organizations, such as SCORE. In my experience, a good business plan should not be a book, or a one-pager.

Silicon Valley 286

Silicon Valley Angel Investor LLC Incubator 286

Steve Blank

DECEMBER 30, 2014

. ———– The National Institutes of Health recognizes that Life Science/Health Care commercialization has two components: the science/technology, and the business model. The Lean Launchpad® for Life Sciences (the I-Corps @ NIH ) uses the Lean Startup Model to discover and validate the business model.

San Diego 267

San Diego North Carolina Chicago Lean 267

Startup Professionals Musings

OCTOBER 12, 2014

Find a major customer, or a complimentary business, who sees such value in your idea that they are willing to give you an advance on royalty payments to complete your development. Join a startup incubator or accelerator. Request a small business grant. Solicit venture capital investors.

Entrepreneur 283

Entrepreneur Startup Equity Small Business Administration 283

Startup Professionals Musings

MAY 21, 2023

Find a major customer, or a complimentary business, who sees such value in your idea that they are willing to give you an advance on royalty payments to complete your development. Join a startup incubator or accelerator. Request a small business grant. Solicit venture capital investors.

Equity 266

Equity Startup Small Business Administration SBA 266

Steve Blank

AUGUST 5, 2010

Fairchild Semiconductor became the progenitor of a flood of Silicon Valley chip companies and at the same time the adoption of the limited partnership as the model for Venture Firms gave VC’s their own profitable business model. They build a minimum feature set. Quickly iterate the product in front of customers. Lean Angels.

Lean 265

Lean Internet Silicon Valley Venture Capital 265