Steve Blank
SEPTEMBER 1, 2011
million small businesses in the U.S. Small businesses are grocery stores, hairdressers, consultants, travel agents, Internet commerce storefronts, carpenters, plumbers, electricians, etc. They are anyone who runs his/her own business. Their job is to search for a repeatable and scalable business model.
Both Sides of the Table
JUNE 4, 2013
I recommend you read Fred Wilson’s recent blog post about the need for a well articulated business strategy before pushing a particular business model. He then brought her to board meetings so nobody could accuse him of not having a business model. Business Model. Like DeviantArt.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Steve Blank
JANUARY 17, 2023
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.
Steve Blank
MAY 9, 2017
I’ve watched the Valley go from Microwave Valley – to Defense Valley – to Silicon Valley to Internet Valley. the wave of semiconductor startups in the 1960’s/70’s, the emergence of Venture Capital as a professional industry, the personal computer revolution in 1980’s, the rise of the Internet in the 1990’s and finally.
Steve Blank
DECEMBER 20, 2011
We taught them the business model / customer development / agile development solution stack. First, we brought all 21 teams to Stanford for 3-days of 10 hour-a-day classes in business model design and customer development. The class textbooks were “ The Four Steps to the Epiphany and Business Model Generation.”).
Both Sides of the Table
MAY 23, 2012
By the end of 2011 the Internet population was estimated at 2.3 billion, with 275 million in North America alone (source: Internet World Stats) and an astounding global penetration of 33% of the world’s population. Internet usage a decade ago was less than 1 hour per day and was restricted to narrowband communications.
Startup Professionals Musings
OCTOBER 30, 2020
Products that can be easily produced and sold via multiple channels, including the Internet, are more easily scaled world-wide. Minimize one-time sales in your business model. You need a stable customer base with an automatically renewing revenue stream, such as the subscription model.
Expert insights. Personalized for you.
335 
Let's personalize your content