ReadWriteStart

JANUARY 23, 2023

Every year, new startup entrepreneurs attempt to launch a business on the leanest budget possible. Whatever the case, you’ll need to make some big sacrifices and strategic managerial decisions if you want this lean startup budget to work — and it’s definitely possible. Consider a hybrid workplace.

Lean 158

Lean Technical Review Startup Acquisition 158

Steve Blank

SEPTEMBER 3, 2014

A startup is not just about the idea, it’s about testing and then implementing the idea. This startup was broken at multiple levels. In fact, it wasn’t even a startup. There were three problems with Dave’s startup. A Startup is Not Just About a Good Idea. Coding is the DNA of a Web/Mobile Startup.

Cofounder 336

Cofounder Founder Technical Cofounder Coder 336

Startup Professionals Musings

NOVEMBER 4, 2022

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.

Technical Cofounder 309

Technical Cofounder Cofounder Advisory Board Startup 309

Startup Professionals Musings

JUNE 30, 2019

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. Use crowd funding. Get a loan or line-of-credit.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

The Startup Magazine

JANUARY 25, 2024

A path filled with innovation and potential awaits you as you navigate the startup landscape. In this investigation, we uncover five critical factors to think about when deciding on the finest project management framework for startups. In the midst of all the fun, though, the requirement of good project management starts to stand out.

Framework 158

Framework SCRUM Management Agile 158

Steve Blank

NOVEMBER 1, 2017

In his Harvard Business Review article summing up his tenure, Immelt recalls that the two things that influenced him most were Marc Andreessen’s 2011 Wall Street Journal article “ Why Software Is Eating the World, ” and Eric Ries’s book The Lean Startup. Are lean innovation and the Startup Way a failure in large companies?

Institutional Investors 271

Institutional Investors Dividend Stock Technical Review 271

Startup Professionals Musings

DECEMBER 6, 2019

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. Use crowd funding to build reserves.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Startup Professionals Musings

SEPTEMBER 16, 2022

These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure. Some entrepreneurs view their outsourced employees as temps, or as a cheap way to staff the company during its startup phase. Utilization and personal growth of virtual employees is not my problem.”

Cost 346

Cost Philippines Bandwidth Cofounder 346

Steve Blank

JUNE 8, 2021

The trick is we use the same Lean LaunchPad / I-Corps curriculum — and the same class structure – experiential, hands-on– driven this time by a mission -model not a business model. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. Goals for the Hacking for Defense Class.

Lean 417

Lean Security Asia SBIR 417

ReadWriteStart

DECEMBER 15, 2022

Startup studios continue to grow in popularity as incubators for new businesses. Rather than simply launching one startup, the startup studio model creates an organization whose business is launching startups. These can then be repeated and improved on with each successive startup.

Incubator 188

Incubator Startup Software Development Software Developers 188

Both Sides of the Table

OCTOBER 14, 2013

I have worked with teams who fully embraced the user testing espoused in the Lean Startup movement and they often build much better products by watching feedback earlier in the design cycle. Startup Advice' So when you’re doing your next product review make sure to question all of your assumptions. Find out for sure.

Product 408

Product San Francisco Green Technical Review 408

Startup Professionals Musings

DECEMBER 11, 2019

These approaches allow your startup to grow more rapidly, save costs, but costly mistakes can lead to business failure. Some entrepreneurs view their outsourced employees as temps, or as a cheap way to staff the company during its startup phase. Utilization and personal growth of virtual employees is not my problem.”

Entrepreneur 303

Entrepreneur Philippines Bandwidth Cofounder 303

Steve Blank

SEPTEMBER 16, 2014

How do you figure out what’s the right mix of skills for the co-founders of your startup? I was having breakfast with Radhika, an ex-grad student of mine who wanted to share her Customer Discovery progress for her consumer hardware startup. I told Radhika this is a perennial question for startups. ——-.

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

YoungUpstarts

AUGUST 31, 2019

As a startup founder with a fledgling business, the goal is to reduce/eliminate as many risk variables as possible in order to give your young startup an unimpeded runway to fly to new heights. Start Lean. Most startups fail. As tempting as it can be to do everything at once, be patient and start lean. .

Burn Rate 176

Burn Rate Startup Lean Early Stage 176

Startup Professionals Musings

APRIL 4, 2022

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. Use crowd funding. Get a loan or line-of-credit.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Both Sides of the Table

APRIL 2, 2014

It’s why I’m such a big proponent of Eric Reis’s Lean Startup movement and of virtually anything written by Steve Blank – the latest is The Startup Owner’s Manual written with Bob Dorf. Leadership Startup Lessons' Seek ways to cut scope and do fast follows.

Software 344

Software Part-Time VPE Engineer Leadership 344

Steve Blank

JULY 30, 2014

Startups are not smaller versions of large companies, but interestingly we see that companies are not larger versions of startups. I’ve been spending some time with large companies that are interested in using Lean methods. Whoever says, “Failure feels OK in startups has clearly never run a startup.).

Customer Development 335

Customer Development Design Developer Customer 335

The Startup Magazine

DECEMBER 26, 2021

Customer experience (CX) approaches in particular have had to develop and evolve rapidly over the last year – something which has benefitted startups and small enterprises who are able to move with agility to shift and flex to changing customer attitudes and expectations.

Startup 167

Startup Analytics Agile Software Review 167

ReadWriteStart

OCTOBER 15, 2021

This problem becomes even more evident in the case of startups that have yet to develop their entire business infrastructure. Harnessing the resources of your startup with a talented individual at the right place at the right time can make all the difference in the world. Contacting new leads. Generating quality leads.

Sales 185

Sales Startup Social Media Technical Review 185

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 4, 2017

“Founder trouble” is a leading cause of startup death (though data also show that companies with only one founder are more likely to fail , so the conclusion is just that startups are just always likely to fail!). Employee #2 will join a startup for the experience. Or it’s fatal because that was a co-founder.

Government 223

Government Startup Cofounder Technical Support 223

TechEmpower

DECEMBER 11, 2023

Although noteworthy, working with large corporations differs remarkably from working with startups. However, an overly attractive site could indicate a leaning towards design over development. Are they publicly available? Beware of being swayed by big-name firms or impressive name-dropping. Avoid them. If so, what’s the vibe like?

Software Development 297

Software Development Software Developers Software Review Software 297

ReadWriteStart

JANUARY 26, 2021

Launching a startup is ridiculously exciting. That’s because more than half of all startups fail within the first five years of operation. Understanding the reasons why startups fail can help you avoid such a fate. So what are the driving factors that lead to startup failure? Lack of Market Need. Poor Customer Experience.

Startup 180

Startup Angel Investor Business Model Demand 180

Steve Blank

JUNE 12, 2020

And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a business model. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. Goals for the Hacking for Defense Class.

Oakland 315

Oakland Asia Lean Video 315

Startup Professionals Musings

FEBRUARY 9, 2020

In my years of advising startups and occasional investing, I’ve seen many great ideas start and fail, but the right team always seems to make good things happen, even without the ultimate idea. You need to have a technical genius on the team to get your startup product off the ground. Outsourcing your core competency does not work.

Technical Cofounder 308

Technical Cofounder Cofounder Advisory Board Stock Options 308

The Startup Magazine

APRIL 14, 2022

While certain aspects of setting up a startup can be exhilarating, especially in the early stages of the business, there are also plenty of bumps along the road, big and small. So, before you start your startup and invest your time and money in it, you have to ensure your startup does not fail. Image Source. Focus on marketing.

Startup 173

Startup Early Stage Naming Public Relations 173

Startup Professionals Musings

SEPTEMBER 16, 2023

Who would not want to join the unicorns (recent startups with a current valuation of over $1 billion)? Excellent detailed resources are everywhere, including a classic book, “ The Startup Checklist ,” by serial entrepreneur and founder of the New York Angels, David S. Fundraising through online platforms and crowdfunding.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

Up and Running

MAY 21, 2020

Uncertainty is part of the realities of startups. In idea testing and startups in general, we don’t get the luxury of not having any idea. For a simple quick view, you might learn more about startup funding. Do a lean business plan. Develop a lean business plan. Entrepreneurs live with it. Still there?

Lean 186

Lean Business Plan Software Review Angel Investor 186

Both Sides of the Table

AUGUST 17, 2014

In this clip we discuss why Nanea is a proponent of a lean startup and data driven development methodology. Leadership Startup Lessons' There is a tangible understand that comes from engineers talking with real customers that simply can’t be gleaned from intuition or staring at computer screens.

Technical Review 315

Technical Review Leadership Engineer RSS 315

Steve Blank

NOVEMBER 18, 2016

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. Machine Learning Meets Lean – Berkeley Lean LaunchPad Class. Filed under: Lean LaunchPad , Teaching. Shiny Object meets First Mover Advantage.

Artificial Inteligence 325

Artificial Inteligence Lean Exit Strategy Startup 325

The Startup Magazine

SEPTEMBER 11, 2023

In the bustling world of startups, every detail counts, from the way you pitch to potential investors to the attire your team dons daily. Dive into the world of branded workwear and discover why it’s an indispensable asset for startups aiming to make a mark.

Technical Review 166

Technical Review Startup Vesting Employee 166

Steve Blank

JANUARY 6, 2021

Over the weekend I got asked the best way to teach students the principles of Lean via Zoom. Here’s what I suggested they offer their students: Lean in Context. How did we build startups in the past? The Harvard Business Review Article “Why the Lean Startup Changes Everything” ties the pieces together here.

Lean 367

Lean Customer Development Business Model Video 367

Both Sides of the Table

FEBRUARY 12, 2019

The reality is that as a result of two major trends the costs of starting a technology startup went down massively. I launched my first startup in 1999 so I know the economics of launching from first-hand experience. The “A Round” of my startup in 1999 was $16.5

Venture Capital 328

Venture Capital Technical Review Seed Stage IPO 328

Steve Blank

OCTOBER 15, 2019

Once upon a time every great organization was a scrappy startup willing to take risks – new ideas, new methods, new customers, targets, and mission. What had previously been a strength – their great management processes – now holds back their ability to respond to new challenges. Companies Run on Process. Process Versus Product.

Government 322

Government Technical Review Acquisition Metrics 322

Steve Blank

SEPTEMBER 14, 2017

Pete Newell and I were working with a company that was getting its butt kicked from near-peer competitors as well as from a wave of well-funded insurgent startups. A canonical Lean Innovation process inside a company or government agency would look something like this: Curation. The Tidal Wave of Unfiltered Ideas. Lessons Learned.

Incubator 319

Incubator Curation Engineer Government 319

ReadWriteStart

NOVEMBER 16, 2020

It’s arguable that some tech startups become successful simply because the idea is so unbelievably good that it’s practically fated to become a smashing success. Successful tech startups also require the right balance of funding and initial momentum. But what exactly is it that makes for a “good” startup leader? Expertise.

Technical Review 156

Technical Review Startup Disintermediation Leadership 156

The Startup Magazine

JANUARY 31, 2022

When you’re in the early stages of your startup, it can be difficult to find funds or validate spending money on marketing and advertising or to even find the time to plan out your organic marketing strategies. Perhaps you’re an entrepreneur on a lean budget. The post What Are Some Organic Marketing Strategies for Startups?

Social Media 147

Social Media Marketing Early Stage Metadata 147

Steve Blank

APRIL 5, 2017

I was having coffee with the CEO of a new startup, listening to her puzzle through how to communicate to potential customers. I reminded her that all the Lean tools she learned in class–Customer Discovery, business model and value proposition canvases– contained her answer. How do I sort out what to do?”. Here’s how.

Marketing 318

Marketing Audience Technical Review PR 318