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10 Keys To Surviving Startup Cash Flow Requirements

Startup Professionals Musings

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. Join a startup incubator. Only one-third make it past their tenth anniversary.

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Why a Company Can’t “Be More Like a Startup”

Steve Blank

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?”. Here’s one reason why: Startups can do anything. Startups can do anything.

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Is the Lean Startup Dead?

Steve Blank

A version of this article first appeared in the Harvard Business Review. It’s the antithesis of the Lean Startup. Almost overnight the floodgates opened, and risk capital was available at scale from venture capital investors who rushed their startups toward public offerings. Then the cycle repeats with a new set of technologies.

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5 Startup Cost Realities Most Founders Underestimate

Startup Professionals Musings

It’s amazing how fast your startup will outgrow your garage or home office. Then there is the need for more substantial business accounting, database, and social media monitoring. Every startup I know, in this changing world, has incurred delays and strategy pivots before they zero-in on the best customer solution and business model.

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5 Key Points Of Focus For Every Scalable New Venture

Startup Professionals Musings

I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain. Great businesses begin with a customer problem that has a big and monetizable pain point. Neither breakthrough technology nor maximum features will assure that “if we build it, they will come.”

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“Nail It Then Scale It” - The New Mantra For Startups

Startup Professionals Musings

I found their five phases of the process to be compelling, based on my own years of experience mentoring startups: Nail the pain. Great businesses begin with a customer problem that has a big and monetizable pain point. Neither breakthrough technology nor maximum features will assure that “if we build it, they will come.”

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Welcome To The New Wave Of Opportunities And Startups

Startup Professionals Musings

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. New emerging manufacturing technologies (e.g.,