Steve Blank

SEPTEMBER 5, 2018

Tech IPO prices exploded and subsequent trading prices rose to dizzying heights as the stock prices became disconnected from the traditional metrics of revenue and profits. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

JULY 14, 2014

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It always reduces risk to plan your business first. Apply for contests and business grants.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Steve Blank

JUNE 27, 2017

Initially, a startup has no business model and no market share to defend. Its employees and investors don’t depend on an existing revenue stream. If they select a business model that targets industry incumbents, they don’t have to worry about upsetting existing customers, partners or distribution channels.

Startup 306

Startup New York City Valuation Distribution 306

Startup Professionals Musings

APRIL 4, 2022

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It always reduces risk to plan your business first. Apply for contests and business grants.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Startup Professionals Musings

JUNE 30, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It always reduces risk to plan your business first. Apply for contests and business grants.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

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

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

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.

Silicon Valley 335

Silicon Valley Chile South America Venture Capital 335

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

JULY 1, 2017

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It always reduces risk to plan your business first. Apply for contests and business grants.

Product Development 177

Product Development Cost Developer Product 177

Gust

APRIL 27, 2014

Write down the key elements of your business plan very early, and keep it current as things evolve. This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

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

K9 Ventures

AUGUST 13, 2010

It wasn’t that they didn’t want to pay, but for anything above a certain dollar amount, it had to be a committee decision, and Universities are a notoriously bad market to crack (probably second to the government). Over the course of that relationship that lasted several years, we did over $1M in revenue just from HP.

Revenue 72

Revenue Developer Java Customer Development 72

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It always reduces risk to plan your business first. Apply for contests and business grants.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Steve Blank

SEPTEMBER 26, 2018

government via Centers for Medicare & Medicaid Services (CMS). The other interesting observation: Unlike other medical device companies, Apple’s current Watch business model is not dependent on getting insurers to pay for the watch. In the U.S. and/or the U.S. Today consumers pay directly for the Watch. Outside the U.S.,

China 67

China Technical Review Software Review Algorithm 67

Startup Professionals Musings

JULY 8, 2015

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. It always reduces risk to plan your business first. Apply for contests and business grants.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

This is going to be BIG.

JUNE 17, 2024

If you’re a Black female founder with revenue struggling to raise and you see two straight white dudes get $5 million for their Powerpoint presentation, it’s only logical to assume the process is stacked against you. If I’m known to invest in mobility startups, I review a ton of different business models.

Technical Review 165

Technical Review Cofounder Startup Equity 165

David Teten

AUGUST 19, 2019

So you’re interested in raising capital from a Revenue-Based Investor VC. A new wave of Revenue-Based Investors (“RBI”) are emerging. I’ve been a traditional equity VC for 8 years, and I’m now researching new business models in venture capital. Rational burn profile, up to 50% of revenue at close, scaling down.

Revenue 60

Revenue Technical Review Software Review Equity 60

ReadWriteStart

JUNE 1, 2020

Funding might be a need in some cases — but it’s not an absolute necessity. ? The business should be self-sustainable. The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Government programs.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

NZ Entrepreneur

SEPTEMBER 29, 2021

Addressing real world problems, they thrive in uncertainty, generating new jobs and new revenue streams in new markets. experiments to build a product, find customers, test business models and hire amazing people. Underpinning this growth is good governance. Risk and reward.

Technical Review 104

Technical Review Software Review New Zealand Due Diligence 104

The Startup Magazine

NOVEMBER 6, 2024

From refining your business model to forming strong partnerships, it’s essential to focus on the long-term growth of your venture. Refining Your Business Model for Long-Term Success At the heart of any successful startup is a well-refined business model. How can startups test their business model ideas?

Early Stage 156

Early Stage Artificial Inteligence Intellectual Property Startup 156

Startup Lessons Learned

SEPTEMBER 15, 2008

This is a philosophy that governs my daily life as well as my entrepreneurial activities. Paring down products, target customers, business models etc takes courage, but it must be done to have any chance of success. September 11, 2008 2:06 PM Editor said. Less is more. July 15, 2009 11:18 PM markmontgomery said.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

ReadWriteStart

DECEMBER 2, 2010

Well, 1M/1M is focused on helping businesses generate $1M in annual revenue, whatever be the nature of the business. We see a lot of businesses that can be characterized as social enterprises, ranging from education to rural development businesses. Also, the business model for the business is unclear.

India 116

India Green Silicon Valley Massachusetts 116

Up and Running

NOVEMBER 15, 2017

Even if you already know what a SWOT analysis is and what it’s used for, it can be tough to translate that information and examine your own business with a critical eye. Reading an example SWOT analysis for a business that is either in your industry or based on a comparable business model can help get you started.

Botswana 148

Botswana Business Plan Oregon Distribution 148

YoungUpstarts

MAY 1, 2018

For sure if they remove everything there and rent the space, the renting revenues will pay for a big slice of monthly cloud cost. Talking about the Brazilian market, they can even get a fine from the government because of some missing transactions on that day. Most of their business models wouldn’t be possible without it.

Cloud 124

Cloud Software Developers Software Development Hosting 124

Steve Blank

AUGUST 25, 2015

I’ve spent this year working with corporations and government agencies that are adopting and adapting Lean Methodologies. While there might be arguments internally about technology and the right markets, no one is confused about the company’s goal – find a sustainable business model, get enough revenue, users, etc.,

Lean 120

Lean Entrepreneur Business Model Silicon Valley 120

The Next Web

NOVEMBER 28, 2013

When all newspapers routinely published the yearly governmental budget memorandum on their front-pages, Rob would opt for the less covered but more influential story of refugees being traded by national governments. His superiors weren’t all happy with this atypical approach to news and asked him to leave in September 2012.

Netherlands 158

Netherlands Campaign Europe Advertising 158

Growthink Blog

JULY 23, 2013

A good business owner will have a contingency plan set up which allows the company to continue, even if an entire physical location was lost. Situation #3: One Revenue Stream One of the biggest mistakes many businesses make is relying too heavily on one customer or revenue stream.

Revenue 115

Revenue Security Acquisition Business Model 115

View from Seed

JUNE 23, 2022

To my surprise, people actually watched my channel and several years later I launched an eCommerce website to better monetize my channel, which became my top revenue stream. legal, bank accounts, government filings, etc) behind setting up a startup. RH: Close your eyes and imagine where your business will be in five years.

DC 156

DC Cambodia eCommerce Social Media 156

The Startup Magazine

JANUARY 21, 2025

Additionally, the initial investment in solar panels can be offset through various government incentives and tax credits. Many regions offer programs designed to encourage businesses to adopt renewable energy. Environmental, Social, and Governance (ESG) criteria are becoming a deciding factor for many investors.

Government 147

Government Reputation Early Stage Retention 147

SoCal CTO

DECEMBER 1, 2010

few years ago I also started following Alexander Osterwalder in his blog about his Business Model Generation -mantra. The Proof Is In The Revenue. Your First Iteration of an Idea Will Be Wrong. think his slides are great (and by far much easier on the eye then mine.). Some time ago I thought these guys should meet!

Technical Review 175

Technical Review Technology Product CTO Hire 175

This is going to be BIG.

JUNE 5, 2013

That''s why I get excited when companies in my industry create businesses that improve the living experience of being here. So when the city government seems to be bending over backwards to make tech companies want to start and grow their businesses here, conducting business here might be another story.

Technical Review 111

Technical Review New York City New York Startup 111

Hearpreneur

JANUARY 1, 2023

Though it took some effort and money to incorporate these outside resources into my business, it was well worth the expenditure. To prepare for a bad economy, businesses should focus on activities that produce the highest free cash flow. This will keep them sustainable should revenues take a dive. 5- Focus on team wellness.

Entrepreneur 122

Entrepreneur Software Review Technical Review Revenue 122

A Smart Bear: Startups and Marketing for Geeks

FEBRUARY 23, 2016

SnapChat, Pinterest, WeWork, InstaCart, Square, FourSquare, and even Twitter, who has impressive revenue but has still never been profitable). Large: USAA with $24 billion in annual revenue and $3 billion in profits is the 49th most valuable company on Earth. This is growth driven by values.

Technical Review 120

Technical Review Viral Metrics Salary 120

Up and Running

MAY 15, 2019

It is a constantly coordinated, ongoing set of relationships with customers, government officials, craftspeople, and your internal people. There’s no one model—or one business plan—for breweries. Each brewery will have its own unique business model and business plan. Find trusted advisors.

Oregon 24

Oregon Jordan Software Review Distribution 24

Up and Running

MAY 15, 2018

Innovative products and business models are the foundations of a promising startup. Creating a scalable business model. Whether you are hoping to expand a small business with a loan or going for a round of venture capital, you will need a scalable business model. Determining how much money to ask for.

SBA 84

SBA Angel Investor Technical Review Startup 84

Steve Blank

JUNE 11, 2013

When you take money from investors their business model becomes yours. Sigh… What I should have been hearing is the search for the business model, specifically the progress on product/market fit, but I hear the fund raising story first at least 90% of the time. What are revenue strategy and pricing tactics?

Venture Capital 335

Venture Capital IRR Liquidity Event Business Model 335