Startup Professionals Musings

SEPTEMBER 25, 2021

In fact, entrepreneurs will always tell you that the invention was the easy part, and building an innovative business was the real challenge. Of course it helps to have innovative technologies before you start building a business. You need a viable business model and customers. Lock in your sustainable advantage.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

Steve Blank

JUNE 27, 2017

This article originally appeared in the Harvard Business Review. As more and more companies face disruption from globalization, new technology, and startups that have more capital than the incumbents, the continuing cry from Wall Street investors is, “Why can’t companies be as innovative as startups?”.

Startup 306

Startup New York City Valuation Distribution 306

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. People with ideas, technology or problems pitched in front of the evaluation committee. There’s a much better way.

Incubator 319

Incubator Curation Engineer Government 319

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

Steve Blank

SEPTEMBER 5, 2018

But as Carlota Perez has so aptly described, all new technology industries go through an eruption and frenzy phase, followed by a crash, then a golden age and maturity. Then the cycle repeats with a new set of technologies. Companies struggle to compete while reconfiguring legacy distribution channels, pricing models and supply chains.

Lean 335

Lean Burn Rate Startup IPO 335

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. For example when one team found the right customer, they changed the core technology (the basis of their original idea!) Some of these teams made even more radical changes.

SBIR 321

SBIR Technical Review Lean Startup 321

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

SoCal CTO

JANUARY 5, 2011

Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc. First Principles. Steve Blank , January 25, 2010 10 Tips for Adding Game Mechanics to a Non-Gaming Service - ReadWriteStart , September 21, 2010 Startups & VCs: Learn How to Design, Market, & Eat Your Own. -

Silicon Valley 378

Silicon Valley Startup Term Sheet Venture Capital 378

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

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

SoCal CTO

DECEMBER 1, 2010

I continue to collect great content that is the intersection of startups, products, online and technology. Storm Clouds - A VC : Venture Capital and Technology , November 12, 2010 We have enjoyed an amazing run in the web startup and investing space over the past five or six years. This should not deter you. same as the old boss.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Startup Professionals Musings

JUNE 12, 2022

Existing technologies have been “commoditized” globally. 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.

Artificial Inteligence 315

Artificial Inteligence Offshore Merger Technical Review 315

Steve Blank

JANUARY 4, 2011

I spent two weeks of December in Chile as a guest of Professor Cristóbal García, Director of EmprendeUC at the Catholic University of Chile , which just signed up a 3-year collaboration partnership with Stanford’s Technology Ventures Program. Yet the copper companies import nearly 100% of the advanced technology they use.

Silicon Valley 335

Silicon Valley Chile South America Venture Capital 335

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

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

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. at $47,568.

Government 154

Government Singapore New York City Non-Compete 154

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

Steve Blank

FEBRUARY 23, 2013

Instead the list is dominated by the big technology winners of the past 20 years that have built innovation into their DNA (Apple, Google, Amazon, Samsung, Microsoft), and a lot of smaller, newer start-ups. government agencies and private corporations, he has a unique perspective.

Business Model 226

Business Model Business Plan Technical Review Search 226

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

JULY 18, 2014

In fact, entrepreneurs will always tell you that the invention was the easy part, and building an innovative business was the real challenge. Of course, it helps to have innovative technologies before you start building a business. You need a viable business model and customers. Lock in your sustainable advantage.

Technical Review 266

Technical Review Intellectual Property Early Stage Global 266

Startup Professionals Musings

NOVEMBER 24, 2013

Existing technologies have been “commoditized” globally. 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.

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. The DC, Maryland, and Virginia (DMV) region represents the most fertile science and technology region in the country with about $30 billion in federally-funded R&D.

Maryland 280

Maryland Lean DC Virginia 280

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

The Startup Magazine

SEPTEMBER 15, 2020

It is possible to attract a venture capital partner with an idea for a business, but most deals are closed after the business has a founding team , a minimum viable product or MVP, and customers. They often invest in the technology industry and in other areas with great potential for growth. Pitch Decks and Presentations.

Venture Capital 179

Venture Capital Technical Review Software Review Security 179

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. Be customer focused, not technology focused. Choose a business model that will win in the market.

Technical Review 201

Technical Review Government Agile Differentiation 201

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

MAY 7, 2012

I always hate it when I see startups invest millions of dollars in technology before they validate their ideas in the market, only to find that customers seem to be looking for something slightly different. Leverage the technology to change directions as needed. Test your idea early in a form that is easy and inexpensive to modify.

Startup 242

Startup Database Early Stage Distribution 242

Startup Professionals Musings

SEPTEMBER 9, 2019

Existing technologies have been “commoditized” globally. 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.

Engineer 219

Engineer Entrepreneur Offshore Merger 219

Steve Blank

SEPTEMBER 26, 2018

But as impressive as its technology is, the Apple’s smartwatch has been a product looking for a solution. Frustrated by the FDA’s 20 th century processes for 21 st century technology, companies hired lobbyists to force a change in the laws that guide the FDA regulations. When I was a kid, this was science fiction. In the U.S.

China 67

China Technical Review Software Review Algorithm 67

Startup Professionals Musings

DECEMBER 29, 2010

I always hate it when I see startups invest millions of dollars in technology before they validate their ideas in the market, only to find that customers seem to be looking for something slightly different. Leverage the technology to change directions as needed. Test your idea early in a form that is easy and inexpensive to modify.

Entrepreneur 236

Entrepreneur Database Early Stage Distribution 236

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 8, 2018

In fact, entrepreneurs will always tell you that the invention was the easy part, and building an innovative business was the real challenge. Of course it helps to have innovative technologies before you start building a business. You need a viable business model and customers. Lock in your sustainable advantage.

Technical Review 215

Technical Review Intellectual Property Early Stage Global 215

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

Startup Professionals Musings

NOVEMBER 14, 2010

Unfortunately, we read far more poorly written business plans at Main Street than good ones. Entrepreneurs tend to write business plans that are difficult to read, heavy on technology, and give little thought to the business model and commercialization strategy. Partnership.

Intellectual Property 265

Intellectual Property Balance Sheet Phoenix Arizona 265

Startup Professionals Musings

AUGUST 2, 2019

A refrain I often hear from technology entrepreneurs to investors is that their product or solution is so innovative that it will cause a “paradigm shift” in the industry. Due to qualms of customers and governments, he sold less than 30,000 of the devices over the next five years.

Technical Review 226

Technical Review Leadership Portfolio Matching 226

deal architect

APRIL 11, 2012

In my new book, I have a whole chapter on business model innovation facilitated by technology. The DOJ is suing Apple and several book publishers over e-Book pricing. In a word, I am ambivalent. Here is an extract: It was.

Business Model 236

Business Model Government Technology 236

The Startup Magazine

DECEMBER 21, 2022

Customer verification, in some form or another, is generally a requirement for operating a business online. Companies must comply with the customer verification processes laid out by the relevant regulatory agencies and governments where they operate. Important customer information you should record when dealing with individuals: Name.

Software Review 167

Software Review Customer Technical Review Due Diligence 167