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Is a Venture Studio Right for You?

Steve Blank

Venture Studios are an “idea factory” with their own employees searching for product/market fit and a repeatable and scalable business model. But these look for founders who have a technical or business model insight and a team. They do the most to de-risk the early stages of a startup. How Venture Studios Work.

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9 Business Model Components For New Business Funding

Startup Professionals Musings

An effective tool I see used more and more, as a prelude to a more detailed business plan, is the Business Model Canvas , first introduced by Alexander Osterwalder back in 2008. In my experience as a new business advisor, a business is nothing until people are aligned and work in sync. Key activities. Try this one.

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The 47th (-46) International Business Model Competition

Steve Blank

The most visible step was the first International Business Model Competition , hosted by the BYU Rollins Center for Entrepreneurship and Technology. We’ve been teaching that the difference between a startup and an existing company is that existing companies execute business models, while startups search for a business model.

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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

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.

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7 Reasons That Investors Won’t Fund Inventions Alone

Startup Professionals Musings

You need a viable business model and customers. Technology limited to a single product is seldom enough for a business. A long-term advantage usually also requires intellectual property, such as a patent, trade secret, or trademark. Lock in your sustainable advantage.

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10 Common Startup Mistakes That Are Rarely Admitted

Startup Professionals Musings

Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. Bypasses intellectual property as not worth the cost. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base.

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7 Indications Of Your Ability To Get Business Results

Startup Professionals Musings

Registered patents and other intellectual property. A proven business model, ready to scale, is particularly attractive. They seek to establish win-win relationships with all partners, including investors, and treat them all as trusted advisors, rather than win-loss opportunities.