Originally posted on David Cummings on Startups:
Earlier today I was talking to a student about entrepreneurship. Naturally, he was very focused on the traditional model of identifying a problem, writing a business plan, building a product, and finally talking to customers. I told him that everything he was doing was backwards except for identifying…
Category Archives: Business Plan
When Disaster Strikes: Creating a Business Continuity Plan
Originally posted on The Turnaround Authority:
The pipes in the office on the floor above yours burst and your entire floor is flooded and all the computer equipment is destroyed. There is a weeklong ice storm that shuts down the power in your building and no one can work there until it is restored. There…
Business Model Generation
In the world of technology startups, four ideas/books seem to be quite influential: Business Model Generation, Steve Blank‘s Customer Development model, Eric Ries’ The Lean Startup, and Agile Development. I’m not a technology guy, but they talk about launching companies often and with abandon. What can we learn from them that we can apply to …
Four Areas for New Venture Success
We’re starting a new venture; rather, we are in the process of spinning off some transportation operations into it’s own company. We’ll be in the transportation space, so it’s a service that everyone needs (but will anyone pay for it?). There’s lots of competition: planes, trains, and automobiles. We’ll be focusing more on non-emergency medical …
Ned Morgens 