Startup Professionals Musings

APRIL 13, 2015

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. Business commercialization.

Product Development 120

Product Development Developer Product Angel Investor 120

Steve Blank

MAY 6, 2015

Waterfall Development. While it sounds simple , the Build Measure Learn approach to product development is a radical improvement over the traditional Waterfall model used throughout the 20 th century to build and ship products. activities necessary to implement the business model. Testing Hypotheses.

Lean 120

Lean Agile Business Model Customer Development 120

The Startup Magazine

AUGUST 11, 2023

It is necessary to cover the early stages of product development, thorough market research, and other processes during the initial step. Seed capital is a component of the initial investments made in young businesses. During the pre-seed fundraising stage, investors need a viable business plan to base their investments on.

Seed Stage 119

Seed Stage Technical Review Early Stage Due Diligence 119

Steve Blank

SEPTEMBER 5, 2018

First Movers” didn’t understand customer problems or the product features that solved those problems (what we now call product-market fit). To be fair, in the 20 th century, there really wasn’t a model for how to build startups other than write plan, raise money, and execute – the bubble was this method, on steroids.

Lean 335

Lean Burn Rate Startup IPO 335

YoungUpstarts

OCTOBER 19, 2017

by Steve Owens, Founder and CTO of Finish Line Product Development Services. The lean start-up movement has been based on a single insight – which the purpose of a start-up is to discover a business model that works. Reducing product turn time. Extending the runway. The Lean Start-Up Environment.

Product Development 153

Product Development Lean Developer Product 153

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. Product Development Diagram 1.

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Customer Development Developer Customer Silicon Valley 246

Steve Blank

SEPTEMBER 1, 2021

Try innovating inside a large company where 99% of the company is executing the current business model, while you’re trying to figure out and build what comes next. Do they have better sales, marketing, or product development groups? You think startups are hard? The short answer is no.

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Incubator Lean Agile Business Model 420

Steve Blank

MARCH 15, 2011

By now the nine teams in our Stanford Lean LaunchPad Class were formed, In the four days between team formation and this class session we tasked them to: Write down their initial hypotheses for the 9 components of their company’s business model (who are the customers? what’s the product? what distribution channel?

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Business Model Nebraska Peru Germany 239

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. Business commercialization.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

Steve Blank

NOVEMBER 13, 2012

A few of the many quotations that struck me: “Most startups fail due not to the failure of product development but due to the lack of customers”. Learning and discovering who a company’s initial customers will be and what market they are in, requires a process separate and distinct from product development”.

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Japan Customer Development Developer Customer 306

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. Business commercialization.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

Steve Blank

MARCH 3, 2015

The disadvantage is that its methodology was based on the old waterfall model of product development and not the agile and lean methods that startups use today. It taught lean theory ( business model design , customer development and agile engineering) and practice. Where We Are Going From Here.

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Business Plan Silicon Valley Saudi Arabia Lean 120

Startup Professionals Musings

JULY 1, 2013

Starting a business is a lot like starting a marriage. Product development is stuck at that 90% mark, a key person leaves, and customers are talking but not buying. Or the economy has taken a sudden turn for the worse, so your high-end product no longer has a market. But all too soon, reality sets in.

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Founder Startup Software Development Software Developers 250

The Startup Magazine

JUNE 17, 2021

Big data is a prominent subject for many businesses around the world, and for those of you who operate entirely online enterprises, studying statistics and numbers is perhaps even more important, and, can be convenient using online business education. Is it Worth it?

Analytics 170

Analytics Technical Review Social Media Software Review 170

Steve Blank

APRIL 23, 2018

By 1931, with the combination of superior financial management and an astute brand and product line strategy, GM had 43% market share to Ford’s 20% – a lead it never relinquished. Just as Durant had multiple interests, Musk is not only Tesla’s CEO and Product Architect, overseeing all product development, engineering, and design.

Michigan 301

Michigan Cofounder Stock Forecast 301

YoungUpstarts

MARCH 13, 2012

After 54 hours of intense product development and business pitching at Startup Weekend Singapore over the weekend, Team Snapsell – which developed a mobile application which allows users to sell stuff on a mobile-first marketplace – beat over 40 other ideas to emerge victorious as grand winner of the event.

Singapore 194

Singapore Mobile Startup Application Development 194

Startup Professionals Musings

MAY 24, 2012

Starting a business is a lot like starting a marriage. Product development is stuck at that 90% mark, a key person leaves, and customers are talking but not buying. Or the economy has taken a sudden turn for the worse, so your high-end product no longer has a market. But all too soon, reality sets in.

Software Development 229

Software Development Software Developers Business Model Product Development 229

Startup Professionals Musings

JANUARY 12, 2018

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. Only one-third make it past their tenth anniversary.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Hearpreneur

OCTOBER 10, 2023

2- Yes, to build a customer-centric business model Photo Credit: David Brewer We based and built it around the idea that our industry could, and should do better and that was the model that we were going to implement that idea as our core objective. Thanks to Evan Tunis, Florida Healthcare Insurance ! #2-

Business Plan 143

Business Plan Jordan Entrepreneur Florida 143

View from Seed

DECEMBER 6, 2018

As a seed stage VC, I have a unique privilege of confidentially spending time with a number of entrepreneurs throughout their company formation and initial product development process. independently come to launch very similar products/services. without any knowledge of the other’s activities?—?independently

Seed Stage 120

Seed Stage Startup Cofounder Stealth 120

Hearpreneur

APRIL 13, 2022

Moreover, I like inspiring myself with interesting online business models and Wikipedia is a great example of a user-generated content-based website. It led the way to a new kind of business model and changed the game. And he is not afraid to take bold bets on new technologies and business models.

Artificial Inteligence 77

Artificial Inteligence Entrepreneur Technical Review Software Review 77

Startup Professionals Musings

MARCH 6, 2011

Starting a business is a lot like starting a marriage. Product development is stuck at that 90% mark, a key person leaves, and customers are talking but not buying. Or the economy has taken a sudden turn for the worse, so your high-end product no longer has a market. But all too soon, reality sets in.

Startup 245

Startup Software Development Software Developers Business Model 245

Startup Professionals Musings

JULY 31, 2021

Business people at this level recognize the magnitude of the workload and the specific tasks required for success. Smart entrepreneurs know they must deliver a quality product, develop a winning business model, and attract real customers. All that’s left is to commit and deliver.

Leadership 410

Leadership Employee Metrics Restful 410

Gust

APRIL 27, 2014

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. Product development process. If you are contracting or outsourcing, this is even more important.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

Steve Blank

AUGUST 3, 2012

Long before there was the Lean Startup, Business Model Canvas or Customer Development there was a guy in Santa Barbara California who had already figured it out. Frank Robinson of SyncDev has been helping companies figure out their minimum viable product and pivots since 1984, long before I even knew what it meant.

San Jose 262

San Jose Technical Review Customer Development Software Review 262

crowdSPRING Blog

MAY 9, 2023

Our team, with years of experience in helping entrepreneurs start and grow their dropshipping businesses, is here to provide you with actionable insights, tips, and best practices. Understanding the dropshipping business model The dropshipping business model revolves around three key players: the store owner, the supplier, and the customer.

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Business Model Stock Cost Email 121

Startup Professionals Musings

APRIL 7, 2023

That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). They are willing to cover marketing, inventory and scaling, but not product development. Make your focus and priorities clear.

Elevator Pitch 228

Elevator Pitch Salary Angel Investor Viral 228

Startup Professionals Musings

OCTOBER 19, 2015

If you consider yourself a technologist, you probably believe and may be propagating one of the following myths: The first priority for funding should be to develop the technology. Outside investors are most interested in scaling a proven business model, not research and development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

YoungUpstarts

AUGUST 30, 2011

Inconsistent startup outsource 4-5 times as much of their product development than consistent startups. In discovery phase 60% of inconsistent startups focus on validating a product and 80% of consistent startups focus on discovering a problem space. Inconsistent startups write 3.4 times more code in efficiency stage.

Silicon Valley 189

Silicon Valley Software Review Startup Cofounder 189

Startup Professionals Musings

APRIL 3, 2016

Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. It’s never too early to start marketing, since it usually takes as long to build marketing momentum as it does to build a product. Marketing should start before product development.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

YoungUpstarts

MAY 18, 2017

However, when it comes to MLM product development, marketing ideas and compensation plan strategy, being a creative copycat could be a legal and ethical shortcut to achieving your business goals for your new MLM, party plan or direct selling company. The same goes for new MLM product development.

Marketing 113

Marketing Seattle Operations California 113

Steve Blank

JANUARY 6, 2014

In the last few years Agile and “Continuous Deployment” has replaced Waterfall and transformed how companies big and small build products. Agile is a tremendous advance in reducing time, money and wasted product development effort – and in having products better match customer needs. It enables new business models.

Continuous Deployment 332

Continuous Deployment Customer Agile Cloud 332

Startup Professionals Musings

APRIL 1, 2015

Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. It’s never too early to start marketing, since it usually takes as long to build marketing momentum as it does to build a product. Marketing should start before product development.

Intellectual Property 120

Intellectual Property Angel Investor Viral Distribution 120

Steve Blank

MARCH 4, 2014

The Enterprise: Business Model Execution We know that a startup is a temporary organization designed to search for a repeatable and scalable business model. The corollary for an enterprise is: A company is a permanent organization designed to execute a repeatable and scalable business model.

IRR 335

IRR Startup Business Model Agile 335

Steve Blank

MARCH 16, 2016

But startups require money upfront for product development and later to scale. For the first few years, your VCs want you to keep your head down, build the product, find product/market fit and ship to get to some inflection point (revenue, users, etc.). But there’s only one reason your company got funded. ——-.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Private Equity 120

The Startup Magazine

FEBRUARY 14, 2024

This means keeping up with the latest digital trends and also integrating these technologies into your business model. Stay informed about technological advancements and think creatively about how they can be applied to your business. It involves iterative development, continuous feedback, and adaptive planning.

Entrepreneur 88

Entrepreneur Social Media Agile Security 88

Startup Professionals Musings

JULY 12, 2020

That means they normally only invest in startups with a working product that has already been sold to at least one customer for full price (beta tests, giveaways and best friends don’t count). They are willing to cover marketing, inventory and scaling, but not product development. Make your focus and priorities clear.

Elevator Pitch 336

Elevator Pitch Salary Angel Investor Viral 336