Startup Professionals Musings

NOVEMBER 28, 2020

In my view, starting a new business has never been easier, and according to reports from the Kauffman Foundation , the numbers are here to show it. The rate of new entrepreneurs increased between 2013 and 2019, from 280 out of 100,000 to 310 out of 100,000 of the adult population. Establishing your brand with interactive social media.

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Intellectual Property Startup Angel Groups Social Media 404

Hearpreneur

OCTOBER 10, 2023

In the realm of great business ideas, a well-crafted business plan takes center stage. Beyond that, it acts as your business's guiding roadmap, ensuring you stay aligned with your goals as your operations adapt to evolving circumstances. Thanks to Mac Steer, Simify ! #4- Thanks to Sammi Jaeger, Independent Executives !

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Business Plan Jordan Entrepreneur Florida 136

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Product Development – Getting Funded as The Goal In a traditional product development model, entrepreneurs come up with an idea or concept, write a business plan and try to get funding to bring that idea to fruition.

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Startup Professionals Musings

FEBRUARY 12, 2023

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. A business plan is for you first, not investors.

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Intellectual Property Startup Angel Investor Viral 312

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. Marty Zwilling.

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Steve Blank

MARCH 3, 2015

Berkeley Haas Business School is a leader in entrepreneurship education. It has replaced how to write a business plan with hands-on Lean Startup methods. The final deliverable for that class was a 30-page business plan. We had multiple business plan competitions. Today the U.C.

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YoungUpstarts

MAY 21, 2020

You envision your business as the next Uber or Spotify, yourself as the next Steve Jobs or Elon Musk, reaching that prestigious ‘unicorn’ startup status in record time. Like most entrepreneurs, you’ve probably mapped out the business plan, dreamed up the layout and you’re already snapping up domains and emailing developers with your plan.

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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.

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SoCal CTO

OCTOBER 15, 2009

I have about 11 years in the technology sector including roles doing market research, sales and product development. My focus has been marketing strategy and product development. I’m currently working with several startups, helping them launch new web businesses. Most people think they can do product design.

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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.

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Software Development Software Developers Business Model Product Development 229

Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. The Customer Development process (and the Lean Startup) is one way to do that. How do we raise the big bucks?”

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Gust

APRIL 27, 2014

I’m continually amazed at the number of entrepreneurs who go for months into a new business without really keeping a formal record of money spent or assets acquired. Use a simple accounting tool like QuickBooks, get away from co-mingled funds, and you have the first business process you need. Develop your business plan.

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Up and Running

JULY 6, 2016

Often, a business plan introduces a new technology that requires some explaining. On one hand, as a reader of business plans for investors, I see way too many business plans that ask a reader to wade neck-deep through technology to get to the business. It’s a business plan, not a term paper or thesis.

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Technical Review Software Review Business Plan Development Team Review 72

Startup Professionals Musings

JANUARY 2, 2019

Most of you aspiring entrepreneurs have no idea how dramatically your own role has to evolve as you develop a solution, start a business, and expect it to scale into a successful self-managed company. Here is an outline of the stages that we both see: Envision, implement, sell, and manage every step. Feel free to join us.

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Leadership Technical Review Cofounder Social Media 248

The Startup Magazine

JUNE 17, 2021

Accomplished entrepreneurs often pride themselves on being able to spot a gap in the market from a mile away. Suppose you happen to be the owner of an online business and would like to nurture your entrepreneurial skillset. Maintaining a Successful Business.

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Analytics Technical Review Social Media Software Review 179

Steve Blank

SEPTEMBER 5, 2018

With fewer than 10 employees but almost $2-billion dollars in the bank, they plan on jumping right in. Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan.

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Steve Blank

MAY 18, 2009

Next, you have to deal with the daily crisis of product development and acquiring early customers. And here’s where life gets really interesting, as the reality of product development and customer input collide, the facts change so rapidly that the original well-thought-out business plan becomes irrelevant.

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Startup Lessons Learned

SEPTEMBER 27, 2010

One of the sayings I hear from talented managers in product development is, “good enough never is.&# And, most importantly, it helps team members develop the courage to stand up for these values in stressful situations. Entrepreneurs, faced with an early defeat, might lose their commitment to seeing their vision through.

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San Francisco Lean Continuous Deployment Software Review 167

ReadWriteStart

NOVEMBER 12, 2022

As the global economic situation deteriorates amid the Russian invasion of Ukraine and soaring energy costs, many aspiring entrepreneurs might be tempted to give up and wait for better days. However, a crisis can also be a golden opportunity to launch a new product or service, as long as the startup at the origin applies specific methods.

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SoCal CTO

DECEMBER 1, 2010

The 11 Harsh Realities Of Being An Entrepreneur - OnStartups , November 1, 2010 There's always talk about the end game in the form of an acquisition, funding announcement, or eventual flame out. love to find great products and services made by entrepreneurs who are trying to change the world. This doesn’t make sense.

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Startup Professionals Musings

MARCH 11, 2010

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. Marty Zwilling.

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Software Development Software Developers Business Model Design 122

Duct Tape Marketing

APRIL 29, 2024

How to Be an Entrepreneur in 2024: 15 Tactics Revealed written by John Jantsch read more at Duct Tape Marketing The Duct Tape Marketing Podcast with John Jantsch In this episode of the Duct Tape Marketing Podcast, I interviewed Paul Cheek, a serial tech-preneur, educator, and software engineer. It's like entrepreneurs have goals.

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Business Plan Blog

OCTOBER 4, 2013

One recipe for failure (business failure and capital raising failure) is building a lopsided team weighted to one function of the business. If you have a technical background and you are focused on product development, consider a co-founder with a sales and marketing background that can focus on selling your world class product.

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Part-Time VPE Fractional VPE Cofounder CTO Hire 79

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. It often took companies three tries to get products right. Testing Hypotheses.

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YoungUpstarts

MAY 3, 2017

When you’re starting a business, focus is the name of the game. Every entrepreneur knows this — at least in theory. From product development to market research, many startups are one-person operations in their early days. As an entrepreneur, you wear several hats, each requiring a different skill set. The result?

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Technical Review Management Arizona Software Review 113

Up and Running

JANUARY 3, 2019

In this article, I’ll cover: What a persona is and how a business can use one. How to create a persona for your business. Success in marketing and product development comes from a deep understanding of your target customer. But, what if your business is solving a problem that you don’t have?

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Software Review Product Development Portland Technical Review 130

Startup Professionals Musings

APRIL 1, 2015

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. A business plan is for you first, not investors.

Intellectual Property 120

Intellectual Property Angel Investor Viral Distribution 120

Startup Professionals Musings

APRIL 3, 2016

Every entrepreneur I know has their favorite excuse for a previous failure – an investor backed out, the economy took a downturn, or a supplier delivered bad quality. I certainly agree that starting a business is fraught with risk, and none of us get it all right the first time. A business plan is for you first, not investors.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

Startup Lessons Learned

NOVEMBER 8, 2008

This theory has become so influential that I have called it one of the three pillars of the lean startup - every bit as important as the changes in technology or the advent of agile development. You can learn about customer development, and quite a bit more, in Steves book The Four Steps to the Epiphany. Heres the catch.

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Business Plan Blog

AUGUST 20, 2013

Many entrepreneurs of successful tech-based companies do not come from tech backgrounds. However, the biggest mistake that a non-tech entrepreneur launching a tech business is to neglect bringing on a tech savvy co-founder on the management team. Development Plan (Timelines/Costs/Budgets). Product Development Team.

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Startup Professionals Musings

MAY 4, 2016

Over 500,000 new businesses were created last year, or about one per minute of every day. Of course, that’s both the good news and the bad news for aspiring entrepreneurs, since it means more competition, and the business landscape is changing faster than ever. Establishing your brand with interactive social media.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

YoungUpstarts

NOVEMBER 20, 2019

I’ve been fortunate enough to be on both sides of the table, as an entrepreneur and a VC, and I’ve observed that most investors look for the same things I do when deciding whether to invest in a company. As an immigrant founder, I didn’t have the industry connections that entrepreneurs often rely on to be successful.

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Technical Review Due Diligence Early Stage Differentiation 140

YoungUpstarts

JANUARY 25, 2012

Winning at New Products: Accelerating the Process from Idea to Launch, Third Edition by Robert G. First published more than ten years ago, this book is regarded as a must-read for anyone in product development. If you plan to go it on your own, these books are essential reads for preparing you for life as an entrepreneur.

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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.

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Seed Stage Technical Review Early Stage Due Diligence 147

Startup Lessons Learned

JANUARY 12, 2010

For the many entrepreneurs that send me cold emails asking for me to review a business plan or answer a strategic dilemma: Im much more likely to answer if youve already tried getting an answer on the mailing list. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup?

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Startup Lessons Learned

OCTOBER 6, 2008

Lessons Learned by Eric Ries Monday, October 6, 2008 When NOT to listen to your users; when NOT to rely on split-tests There are three legs to the lean startup concept: agile product development , low-cost (fast to market) platforms , and rapid-iteration customer development. Two Ways to Hold Entrepreneurs Accountable (for Ha.

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Startup Professionals Musings

JANUARY 12, 2013

Many entrepreneurs I know don’t realize that the language they learned in the corporate world, or even their recent MBA class, won’t get them ahead in the startup world today. As a reality check, try this quick test of your entrepreneur savvy. As a reality check, try this quick test of your entrepreneur savvy. Ramen-profitable.

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