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Am I a Founder? The Adventure of a Lifetime. « Steve Blank

Steve Blank

Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.

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6 Tips for Coming Up With Your Million-Dollar Business Idea

Up and Running

David sold his recording equipment for $50,000 and they borrowed the rest of their seed money from a bank. “I realized in the early 1990s that there was no appropriate yoga for fitness professionals,” says YogaFit® founder, Beth Shaw. says HourlyNerd co-founder and co-CEO, Rob Biederman. “So

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Snaptrip case study – Solo founder hypothesis in action

The Equity Kicker

I’m reproducing in full here because it’s a great explanation of our solo-founder hypothesis and how we work more generally. Are you a solo founder with an idea? Snaptrip started as an idea, an excel spreadsheet and a passionate founder called Matt. THE DYNAMIC BETWEEN FOUNDER AND TEAM. FINDING A COFOUNDER.

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Seed Stage Funding 101: What it Is & How it Works

The Startup Magazine

I will tell you brief details about seed stage funding, and deal sourcing on this page, so read the conclusion until the end. What exactly is the seed funding? The initial official fundraising round is called seed funding, and it comes immediately after the pre-seed investment stage.

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Instead of sticking a fork in the venture market, realize. there is no fork

This is going to be BIG.

Did I mention it only took the founder a month? The industry has made it very easy for companies to raise seed money through online marketplaces like Angel List, accelorators. You need to seed the market for investor interest by building relationships as early as possible--pretty much right after your previous round.

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Entrepreneurshit. The Blog Post on What It’s Really Like.

Both Sides of the Table

You’d imagine that every founder was getting rich. Actually, positive outcomes for founders are quite rare. As a startup founder you rarely have much money in your bank accounts. You have secret doubts about your co-founder. So you ask why on Earth being a founder is stressful? It’s not.

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No Plan Survives First Contact With Customers – Business Plans versus Business Models

Steve Blank

He and his co-founder were both PhD’s in applied math who believe they can make some serious inroads on next generation search. We thought we’d take our plan and go raise seed money. We can’t raise money knowing our plan is wrong.”. asked the founder who had spent the time crafting the perfect plan. “On