Steve Blank

JANUARY 17, 2023

Three types of organizations – Incubators, Accelerators and Venture Studios – have emerged to reduce the risk of early-stage startup failure by helping teams find product/market fit and raise initial capital. He had a track record of taking small teams and growing them into successful product lines.

Technical Cofounder 368

Technical Cofounder Intellectual Property Technical Review Incubator 368

Up and Running

AUGUST 19, 2021

As more remote teams transition to a hybrid structure, one question at the forefront of many business leaders’ minds is how to maintain high productivity levels both at home and in the office. But hybrid workers can still face barriers to concentration that derail their productivity. . Improve time management. Close to half of U.S.

Product 189

Product Technical Review Employee Software Review 189

Startup Professionals Musings

DECEMBER 13, 2019

In the interests of helping you work smarter and last longer, I would like to offer my top ten list of key resource drains to avoid in early businesses and startups, based on my years of advising entrepreneurs and my own business experience: Expanding your product line too quickly for scaling. Make employee management a proactive process.

Technical Review 306

Technical Review Metrics Social Media Channel 306

Startup Professionals Musings

APRIL 24, 2021

Remember that leadership is both upward, as well as downward to direct reports and employees. Craft an operational plan and make it work. Most founders are product guys. They need an operational CEO who knows the market and the marketing game. Provide effective leadership. There are several books written on this subject.

Exit Strategy 407

Exit Strategy Leadership Founder Networking 407

Startup Professionals Musings

AUGUST 19, 2020

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Waiting until you have something to sell before bringing on a sales and operations staff. Social media is not rocket science.

Burn Rate 310

Burn Rate Hockey Stick Salary Angel Investor 310

YoungUpstarts

JANUARY 10, 2020

This is especially true for startups, which operate on the basis of customer traction to solidify expectations with investors or lending institutions. The loss of these major customers can have a dramatic impact on both internal (employees) and external contributors (investors). Assess both the short- and long-term financial impact.

Customer 347

Customer Development Team Review Advisory Board Private Equity 347

Steve Blank

APRIL 1, 2020

Operating Numbers. This plan has three parts: Pivots to your new business model, changes to your operating plan, and what initiatives you save for the recovery. Days 3 and 4: Prepare new business model and operating plan. Automated delivery services – the more people you can take out of the equation, the safer the product.

South Korea 334

South Korea Salary Business Model China 334

Startup Professionals Musings

JANUARY 3, 2021

In reality, the best business process innovations usually come from regular employees on the front line of your business, just trying to do a better job and better serve customers. Many product innovations come from quality improvement focuses, like the Japanese Kaizen initiative. Innovation and creativity are two different things.

Technical Review 431

Technical Review Leadership Operations Networking 431

The Startup Magazine

OCTOBER 13, 2024

Key Takeaways Efficient workflows can significantly boost productivity and reduce stress. Understanding the Need for Workflow Efficiency In the dynamic landscape of modern businesses, the pressure to enhance operational efficiency and effectiveness is unrelenting. The journey toward operational efficiency takes time to happen.

Technical Review 167

Technical Review Software Review Agile Operations 167

YoungUpstarts

DECEMBER 12, 2020

While your branding, marketing campaigns, and product quality will be at the forefront of your mind, you must not overlook the importance of network and data security. Also, if your employees will use personal devices in the workplace, you must ensure they are using the latest security protections, such as: Biometric authentication.

Security 273

Security Software Review Technical Review Networking 273

YoungUpstarts

DECEMBER 21, 2020

This can essentially be between the business and the customers or the business and the employees. The booking system is streamlined which only assists the users, especially the employees who can conduct their meetings in an efficient manner. The responsibilities of each employee should be clearly divided making them more productive.

Technical Review 279

Technical Review Software Review Distribution Employee 279

Steve Blank

NOVEMBER 12, 2019

While these activities shape and build culture, they don’t win wars, and rarely deliver shippable or deployable products. At times this means startups operate at speeds so fast they appear to be a blur to government agencies. Startups dream in years, plan in months, evaluate in weeks, and ship in days.

Government 316

Government Artificial Inteligence Silicon Valley North Korea 316

Steve Blank

DECEMBER 11, 2020

Joe Felter , Raj Shah and I designed a class to examine the new military systems, operational concepts and doctrines that will emerge from 21st century technologies – Space, Cyber, AI & Machine Learning and Autonomy. When they did their first partnership with IBM, they had just 32 employees. This was our next -to-last class.

Technical Review 369

Technical Review Taiwan Technology Design 369

Startup Professionals Musings

APRIL 12, 2019

For example, I come from a software background, and back in the early PC days, it could easily cost half a million dollars for a team of professionals to produce a commercial product. Unfortunately, even today, building a good product doesn’t guarantee you a business. Ramp-up facilities and utilities required.

Cost 264

Cost Founder Software Review Startup 264

The Startup Magazine

JUNE 9, 2024

Approximately 56% of businesses globally presently provide remote working alternatives, with 16% operating entirely remotely. It handles a variety of functions such as employee onboarding, scheduling, leave management, and payroll operations automatically, ensuring they are completed effectively and without mistakes.

Management 157

Management Software Review Technical Review Employee 157

Startup Professionals Musings

MAY 14, 2023

Deferred payments start with stretching the payables period but, more importantly, include giving employee equity in lieu of a higher salaries and negotiating vendor deferred payments out of future revenues. Waiting until you have something to sell before bringing on a sales and operations staff. Social media is not rocket science.

Burn Rate 258

Burn Rate Hockey Stick Management Salary 258

The Startup Magazine

JUNE 8, 2022

It enables businesses to improve operational efficiency and productivity, eventually making a positive contribution to their growth. To set good examples, they need to polish their entrepreneurship skills so that they can influence employees positively. It will help you encourage your employees and get the most out of them.

Technical Review 165

Technical Review Entrepreneur Leadership Operations 165

ReadWriteStart

DECEMBER 16, 2020

Dip in Productivity. Mega brands like IBM and Google found that their productivity plummeted when they went all-remote. All of these businesses had to roll back their remote work policies and call employees back on-premises. While teams take time to get up to speed, productivity can take a beating.

Technical Review 200

Technical Review Startup Belgium Software Review 200

YoungUpstarts

NOVEMBER 5, 2020

With a nation-wide reliance on remote working schemes calling for countless employees to carry out the business’ essential processes from their own homes – proficient IT support and management has never been so important. Every company should have a firewall in place on their network, in order to control what’s accessible for employees.

Technical Review 246

Technical Review Software Review Security Agile 246

The Startup Magazine

FEBRUARY 21, 2022

Its use helps to significantly save time for both the manager and ordinary employees. a 34 per cent boost in sales productivity. In fact, the software industry is full of solutions and products, and it’s simple to become lost among them. Your company’s productivity might rise across the board as a result of this.

Software Developers 216

Software Developers Software Development Software Developer 216

YoungUpstarts

DECEMBER 29, 2020

In the past, working remotely was considered “normal” for entrepreneurs or independent contractors in the gig economy only, but organizations wanted employees, and consultants, to be onsite and working in the office. Employees clearly want and enjoy the flexibility. Employees clearly want and enjoy the flexibility. Cost Savings.

Technical Review 275

Technical Review Cofounder Leadership Employee 275

Up and Running

JULY 28, 2022

Not only do these requirements ensure that businesses operate within the law but it also protects small business owners and their consumers. . A small business is an independently owned and operated entity that engages in commercial activity and fulfills the set industry-specific size standards. Decide on the proper business structure.

Small Business 167

Small Business Intellectual Property Cofounder Software Review 167

Steve Blank

NOVEMBER 13, 2018

If you’re an early employee at a startup, one day you will wake up to find that what you worked on 24/7 for the last year is no longer the most important thing – you’re no longer the most important employee, and process, meetings, paperwork and managers and bosses have shown up. I know a change is going to come.

Part-Time VPE 334

Part-Time VPE Employee Cofounder Hiring 334

YoungUpstarts

DECEMBER 22, 2020

More importantly, do you know why core values matter and how to use them to drive operational excellence as well as bottom line results for your business? Here are four core values to live by and how you can make them matter by incorporating them into performance reviews, company culture and operational decisions. Work Ethic.

Operations 246

Operations Employee Management Business Model 246

Startup Professionals Musings

FEBRUARY 8, 2021

Remember that people make a business, more often than a product. Learn how to budget your time and select productive relationships. What you learn will apply to employees. Key board members multiply your networking efforts. You need all the help you can get to find the right ones early, and nurture them to closure.

Advisory Board 356

Advisory Board Bandwidth Cofounder Technical Review 356

The Startup Magazine

MAY 31, 2022

Any operation that involves an employee, like recruitment, payroll management, or even offboarding, can be included in these HR functions or duties. . Most HR functions are outsourced to an HR consulting agency by SMBs (10–500 employees). We are introducing new employees to the organization. 2 Managing Performance.

United States 158

United States Salary UAE Hiring 158

YoungUpstarts

DECEMBER 1, 2020

And if a business is planning significant changes in its operations in the New Year, the leadership team’s empathy for the workforce is vital in the process. Leaders need to be empathetic to help their employees manage stress and stay productive, especially in these unprecedented times.

Vesting 246

Vesting Software Review Leadership Employee 246

The Startup Magazine

DECEMBER 12, 2024

Documentation is the backbone for organized, efficient, and successful operational processes. Clear, effective business documentation creates clarity in the minds of employees, stakeholders, and external partners and eventually builds trust for seamless operation.

Technical Review 120

Technical Review Software Review Operations Technology 120

Startup Professionals Musings

AUGUST 7, 2020

Connect operations today with long-term goals. Overtly connect every operational problem to your strategy, rather than putting strategy on a different plane and making it only an annual event. In my experience, even in startups, longer-term strategy often gets pushed off the agenda due to current challenges.

Technical Review 312

Technical Review Due Diligence Merger Social Media 312

YoungUpstarts

DECEMBER 10, 2020

It is more important than ever to streamline operations and create an implicit trust with employees to ensure your business thrives in the post-pandemic world. A report on remote work productivity during the pandemic found that global productivity among employees working from home due to COVID-19 has dropped.

Technical Review 279

Technical Review Private Equity Equity Employee 279

YoungUpstarts

NOVEMBER 19, 2020

They want to see that a business is operating on all six cylinders. They are as follows: People, Products, Processes, Proprietary, Patrons, and Profits. People refers to the management and employees that are currently employed by the business. Products are the products or services that are offered by your company.

Exit Strategy 246

Exit Strategy Intellectual Property Valuation Metrics 246

ReadWriteStart

DECEMBER 15, 2022

Industry-specific domain experience becomes critical when identifying operational pain points ripe for transformation. This outside work provides a valuable source of revenue able to be used to fund operations. This provides both valuable experience and an understanding of the operational issues within each sector.

Incubator 188

Incubator Startup Software Developers Software Development 188

The Startup Magazine

SEPTEMBER 17, 2023

Therefore, in recent times, there has been a growing emergence of revolutionary services and products capable of mitigating the adverse consequences for the climate and humanity. Aside from the environmental advantages, car sharing is a cost-effective option for company employees to use vehicles.

Software Review 158

Software Review Software Mobile Technical Review 158

The Startup Magazine

JANUARY 10, 2022

Most of these benefit the physical and psychological well-being of the employees. Operations. Operating your business is not easy, but with the help of technology, it can be more accessible. With the help of SaaS, you can create more controlled workflow operations. Your employees tend to work better together with morale.

Cloud 167

Cloud Small Business Software Web Development 167

The Startup Magazine

JUNE 15, 2023

In today’s rapidly evolving digital landscape, small businesses face the ongoing challenge of streamlining operations, maximizing productivity, and staying competitive. Image Source Gone are the days when small businesses had to rely on manual processes and spreadsheets to manage their operations.

Software Review 158

Software Review Software Small Business Social Media 158

The Startup Magazine

AUGUST 21, 2024

Introduction to Business Risks Many businesses assume that risks are solely related to financial instability, but dangers can come from various sources, including cyber threats, operational disruptions, and legal issues. Understanding the importance of insurance for business is essential in safeguarding your operations and assets.

Technical Review 167

Technical Review Global Reputation Employee 167

YoungUpstarts

MAY 5, 2020

You can, however, make sure you do your part in keeping your employees and yourself safe from the disease. During this time, it’s also important to safeguard the morale of your employees. According to NBC News, companies with fewer than 500 employees may apply for forgivable loans of up to $10 million.

Small Business 227

Small Business SBA Small Business Administration SEO 227