SlideShare a Scribd company logo
1 of 60
Business Models Steve Blank www.steveblank.com Clean Tech Open Accelerator 2010
I Wrote This
I Write a Blog  www.steveblank.com
It Starts With  the “Idea ”
Where are CleanTech Ideas Born? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Technology Driven Ideas ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Customer Driven Ideas ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Opportunity Driven Ideas ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
But an  Idea  By Itself is Not a Company
Idea/Product – Only a Start ,[object Object],[object Object],[object Object],[object Object]
Technology  Risk , Market  Risk or Both?
Clean Tech Markets Air, Water & Waste Energy Efficiency Green Building Renewables Smart Power Transport
Clean Tech Markets - Risk ,[object Object],[object Object],[object Object],Air, Water & Waste Energy Efficiency Green Building Renewables Smart Power Transport
Clean Tech Markets - Risk Definitions ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Air, Water & Waste Energy Efficiency Green Building Renewables Smart Power Transport
Next… CleanTech Business Plan  Hypothesis
Clean Tech Markets - Hypotheses ,[object Object],[object Object],Size of Opportunity Customer Competition Sales Marketing Biz Dev Customer Dev Bus/Rev Model IP/Patents Regulatory Time to Market Prod Dev Model Manufacturing Team Seed Financing Follow-on Liquidity
Clean Tech Markets - Hypotheses ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Size of Opportunity Customer Competition Sales Marketing Biz Dev Customer Dev Bus/Rev Model IP/Patents Regulatory Time to Market Prod Dev Model Manufacturing Team Seed Financing Follow-on Liquidity
Clean Tech Markets - Hypotheses ,[object Object],[object Object],Size of Opportunity Customer Competition Sales Marketing Biz Dev Customer Dev Bus/Rev Model IP/Patents Regulatory Time to Market Prod Dev Model Manufacturing Team Seed Financing Follow-on Liquidity
How Big  is It ? So if You Succeed Do I Care?
“ Venture-Scale” Businesses ,[object Object],[object Object],[object Object],[object Object]
Total Available Market, Served Available Market, Target Market Target  Market SAM  = how many can I reach  with my sales channel TAM  = how big is the universe Target Market  (for a startup) =  who will be the most likely buyers Total Available Market Served Available Market
Market Size: Summary ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
$4 Billion  18,500 MW (Worldwide Grid Tied) ,[object Object],[object Object],Market Size for SunStream 18,500 MW  Source: NREL X 5.5 hours a day X 365 days a year X $150 dollars a MWh X .07 efficiency savings X 20 year lifetime X 40% cut for us = $4 Billion
$4 Billion  18,500 MW (Worldwide Grid Tied) $220 Million 1,000 MW  ( US  Grid Tied) ,[object Object],[object Object],Market Size for SunStream
[object Object],[object Object],Market Size for SunStream ,[object Object],[object Object],[object Object],$4 Billion  18,500 MW (Worldwide Grid Tied) $182 Million 830 MW  (US  Commercial Grid  Tied) $220 Million 1,000 MW  (US Grid Tied)
Plan  versus  Model
I’m Confused ,[object Object],[object Object]
Business  Plan ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Business  Plan   - Sum of Hypotheses ,[object Object],[object Object],[object Object],[object Object]
No Business  Plan  survives first contact with customers
So Search for a Business  Model
Business  Model … Start with the Pieces
What Is a Business  Model ? ,[object Object],[object Object],[object Object],* Alex Osterwalder
What Makes up a Business Model? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Users Customers Purchase  Distribution Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd  Party Integration $ $ $ $
Users Customers Purchase  Distribution Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd  Party Integration $ $ $ $
Users Customers Purchase  Distribution Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd  Party Integration $ $ $ $
Users Customers Purchase  Distribution Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd  Party Integration $ $ $ $
Users Customers Distribution Channel Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd  Party Integration $ $ $ $
Users Customers Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd  Party Integration $ $ Distribution Channel $ $
Users Customers Distribution Channel Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd  Party Integration $ $ $ $
Users Customers Distribution Channel Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd  Party Integration $ $ $ $
Users Customers Distribution Channel Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd  Party Integration $ $ $ $
Emphasis On  Hypotheses Testing
Startups  Continually  Iterate &  Pivot
VALUE PROPOSITION COST STRUCTURE CUSTOMER RELATIONSHIP TARGET CUSTOMER DISTRIBUTION CHANNEL VALUE CONFIGURATION CORE CAPABILITIES PARTNER NETWORK REVENUE STREAMS gives an overall view of a company's bundle of products and services portrays the network of cooperative agreements with other companies describes the channels to communicate and get in touch with customers describes the arrangement of activities and resources explains the relationships a company establishes with its customers sums up the monetary consequences to run a business model describes the revenue streams through which money is earned describes the customers a company wants to offer value to outlines the capabilities required to run a company's business model INFRASTRUCTURE CUSTOMER OFFER FINANCE Business Model =  Keeping Score in a Startup
Business Model Generation Book
Business  Model on Day One  of Your Startup
Users Customers Distribution Channel Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd  Party Integration $ $ ? ? ? ? ? ? ? ? $ $
Hypothesis Testing Process Customer Development Customer Discovery Customer Validation Company  Building Customer  Creation Pivot
[object Object],[object Object],[object Object],Customer  Discovery Customer Discovery Customer Validation Company Building Customer Creation
Customer Validation Customer Discovery Customer Validation Customer Creation Company Building ,[object Object],[object Object],[object Object],Pivot
The  Pivot ,[object Object],[object Object],[object Object]
Customer Development Book
Putting It Together in  A VC Pitch
What are VC’s Really Asking? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
The Traditional VC Pitch ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Better Since You Can’t Answer my real questions here’s the checklist
Facts Reduce VC Risk ,[object Object],[object Object],[object Object],[object Object],[object Object]
Tell The Story  of What You Learned ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Thanks www.steveblank.com

More Related Content

What's hot

Introduction to business incubation
Introduction to business incubationIntroduction to business incubation
Introduction to business incubationMark Long
 
10 Steps to Product/Market Fit
10 Steps to Product/Market Fit10 Steps to Product/Market Fit
10 Steps to Product/Market FitAsh Maurya
 
An Intro to Lean Startup
An Intro to Lean StartupAn Intro to Lean Startup
An Intro to Lean StartupRyan Hoover
 
BM631 Research Methods.docx
BM631 Research Methods.docxBM631 Research Methods.docx
BM631 Research Methods.docxstudywriters
 
Pitch the way VCs think
Pitch the way VCs thinkPitch the way VCs think
Pitch the way VCs thinkkhoslaventures
 
Customer Development at Startup2Startup
Customer Development at Startup2StartupCustomer Development at Startup2Startup
Customer Development at Startup2StartupStanford University
 
Customer Development/Lean Startup 011910 Class 1
Customer Development/Lean Startup 011910 Class 1Customer Development/Lean Startup 011910 Class 1
Customer Development/Lean Startup 011910 Class 1Stanford University
 
9 Steps to Repeatable, Scalable, & Profitable Growth - older version
9 Steps to Repeatable, Scalable, & Profitable Growth - older version9 Steps to Repeatable, Scalable, & Profitable Growth - older version
9 Steps to Repeatable, Scalable, & Profitable Growth - older versionDavid Skok
 
Getting to Minimum Viable Product (MVP)
Getting to Minimum Viable Product (MVP)Getting to Minimum Viable Product (MVP)
Getting to Minimum Viable Product (MVP)swong02
 
What is a Go-to-Market Strategy & How to Create One
What is a Go-to-Market Strategy & How to Create OneWhat is a Go-to-Market Strategy & How to Create One
What is a Go-to-Market Strategy & How to Create OneCompellingPM
 
Business Model Canvas
Business Model CanvasBusiness Model Canvas
Business Model CanvasHandaru Sakti
 
Go-to-market strategy for tech startups
Go-to-market strategy for tech startupsGo-to-market strategy for tech startups
Go-to-market strategy for tech startupsSovita Chander
 
Lecture 1: Business Model & Customer Development
Lecture 1: Business Model & Customer DevelopmentLecture 1: Business Model & Customer Development
Lecture 1: Business Model & Customer DevelopmentStanford University
 
Lean LaunchPad Educators Handbook Sept 2013
Lean LaunchPad Educators Handbook Sept 2013Lean LaunchPad Educators Handbook Sept 2013
Lean LaunchPad Educators Handbook Sept 2013Stanford University
 
Alex Osterwalder (Founder/CEO, Strategyzer) - Building Invincible Companies
Alex Osterwalder (Founder/CEO, Strategyzer) - Building Invincible CompaniesAlex Osterwalder (Founder/CEO, Strategyzer) - Building Invincible Companies
Alex Osterwalder (Founder/CEO, Strategyzer) - Building Invincible CompaniesBusiness of Software Conference
 

What's hot (20)

Business model canvas
Business model canvasBusiness model canvas
Business model canvas
 
Introduction to business incubation
Introduction to business incubationIntroduction to business incubation
Introduction to business incubation
 
10 Steps to Product/Market Fit
10 Steps to Product/Market Fit10 Steps to Product/Market Fit
10 Steps to Product/Market Fit
 
An Intro to Lean Startup
An Intro to Lean StartupAn Intro to Lean Startup
An Intro to Lean Startup
 
BM631 Research Methods.docx
BM631 Research Methods.docxBM631 Research Methods.docx
BM631 Research Methods.docx
 
Disruptive Innovation
Disruptive InnovationDisruptive Innovation
Disruptive Innovation
 
Pitch the way VCs think
Pitch the way VCs thinkPitch the way VCs think
Pitch the way VCs think
 
Customer Development at Startup2Startup
Customer Development at Startup2StartupCustomer Development at Startup2Startup
Customer Development at Startup2Startup
 
Customer Development/Lean Startup 011910 Class 1
Customer Development/Lean Startup 011910 Class 1Customer Development/Lean Startup 011910 Class 1
Customer Development/Lean Startup 011910 Class 1
 
Customer Discovery Skills
Customer Discovery Skills Customer Discovery Skills
Customer Discovery Skills
 
9 Steps to Repeatable, Scalable, & Profitable Growth - older version
9 Steps to Repeatable, Scalable, & Profitable Growth - older version9 Steps to Repeatable, Scalable, & Profitable Growth - older version
9 Steps to Repeatable, Scalable, & Profitable Growth - older version
 
Getting to Minimum Viable Product (MVP)
Getting to Minimum Viable Product (MVP)Getting to Minimum Viable Product (MVP)
Getting to Minimum Viable Product (MVP)
 
What is a Go-to-Market Strategy & How to Create One
What is a Go-to-Market Strategy & How to Create OneWhat is a Go-to-Market Strategy & How to Create One
What is a Go-to-Market Strategy & How to Create One
 
Business Model Canvas
Business Model CanvasBusiness Model Canvas
Business Model Canvas
 
Creating Start-Up Success
Creating Start-Up SuccessCreating Start-Up Success
Creating Start-Up Success
 
Go-to-market strategy for tech startups
Go-to-market strategy for tech startupsGo-to-market strategy for tech startups
Go-to-market strategy for tech startups
 
Lecture 1: Business Model & Customer Development
Lecture 1: Business Model & Customer DevelopmentLecture 1: Business Model & Customer Development
Lecture 1: Business Model & Customer Development
 
Lean LaunchPad Educators Handbook Sept 2013
Lean LaunchPad Educators Handbook Sept 2013Lean LaunchPad Educators Handbook Sept 2013
Lean LaunchPad Educators Handbook Sept 2013
 
Alex Osterwalder (Founder/CEO, Strategyzer) - Building Invincible Companies
Alex Osterwalder (Founder/CEO, Strategyzer) - Building Invincible CompaniesAlex Osterwalder (Founder/CEO, Strategyzer) - Building Invincible Companies
Alex Osterwalder (Founder/CEO, Strategyzer) - Building Invincible Companies
 
Introduction to Innovation
Introduction to InnovationIntroduction to Innovation
Introduction to Innovation
 

Viewers also liked

Brand Merger & Acquisition Lenovo Acquisiion Of Ibm Pc(Final Version)
Brand Merger & Acquisition  Lenovo Acquisiion Of Ibm Pc(Final Version)Brand Merger & Acquisition  Lenovo Acquisiion Of Ibm Pc(Final Version)
Brand Merger & Acquisition Lenovo Acquisiion Of Ibm Pc(Final Version)Johnny Ji
 
Sales business development account plan ahnna w
Sales business development account plan ahnna wSales business development account plan ahnna w
Sales business development account plan ahnna wAhnna Weber
 
Strategic Business Plan - Starting A Small Business
Strategic Business Plan - Starting A Small BusinessStrategic Business Plan - Starting A Small Business
Strategic Business Plan - Starting A Small BusinessGirlie Villadarez
 
Presentation By Munawar Baseer Ahmed
Presentation By Munawar Baseer AhmedPresentation By Munawar Baseer Ahmed
Presentation By Munawar Baseer AhmedIEEEP Karachi
 
TOWN OF BERTHOUD BUSINESS DEVELOPMENT STRATEGIC PLAN 2016
TOWN OF BERTHOUD BUSINESS DEVELOPMENT STRATEGIC PLAN 2016TOWN OF BERTHOUD BUSINESS DEVELOPMENT STRATEGIC PLAN 2016
TOWN OF BERTHOUD BUSINESS DEVELOPMENT STRATEGIC PLAN 2016Michael Masciola
 
Session Two Projects And Activities To Create A Strategic Plan And A Supporti...
Session Two Projects And Activities To Create A Strategic Plan And A Supporti...Session Two Projects And Activities To Create A Strategic Plan And A Supporti...
Session Two Projects And Activities To Create A Strategic Plan And A Supporti...Peterj1953
 
5 Paradigms And Kingdom Business For Alict August 2009
5 Paradigms And Kingdom Business For Alict August 20095 Paradigms And Kingdom Business For Alict August 2009
5 Paradigms And Kingdom Business For Alict August 2009Dion Forster
 
Get Strategic Business Development Plan
Get Strategic Business Development PlanGet Strategic Business Development Plan
Get Strategic Business Development Planmillennialpartners
 
MERGER,ACQUISITION AND CORPORATE RESTRUCTURING
MERGER,ACQUISITION AND CORPORATE RESTRUCTURINGMERGER,ACQUISITION AND CORPORATE RESTRUCTURING
MERGER,ACQUISITION AND CORPORATE RESTRUCTURINGAugustin Bangalore
 
Enda connolly - HRB Strategic Business Plan 2010-2014 - 2009
Enda connolly - HRB Strategic Business Plan 2010-2014 - 2009Enda connolly - HRB Strategic Business Plan 2010-2014 - 2009
Enda connolly - HRB Strategic Business Plan 2010-2014 - 2009ipposi
 
2030 Strategic Plan and 2014-25018 Business Plan
2030 Strategic Plan and 2014-25018 Business Plan2030 Strategic Plan and 2014-25018 Business Plan
2030 Strategic Plan and 2014-25018 Business PlanPetrobras
 
Real Estate Development Business Plan
Real Estate Development Business PlanReal Estate Development Business Plan
Real Estate Development Business Plankambanis
 
Business plan writing power point
Business plan writing power pointBusiness plan writing power point
Business plan writing power pointRichard Lindfield
 
Business Model - system strategy flow chart with feedback loops for lean startup
Business Model - system strategy flow chart with feedback loops for lean startupBusiness Model - system strategy flow chart with feedback loops for lean startup
Business Model - system strategy flow chart with feedback loops for lean startupKelly Schwedland
 
LEAN SIX SIGMA CANVAS: A Universal Problem Solving (UPS) Worksheet for Lean S...
LEAN SIX SIGMA CANVAS: A Universal Problem Solving (UPS) Worksheet for Lean S...LEAN SIX SIGMA CANVAS: A Universal Problem Solving (UPS) Worksheet for Lean S...
LEAN SIX SIGMA CANVAS: A Universal Problem Solving (UPS) Worksheet for Lean S...Rod King, Ph.D.
 
Business Model Canvas
Business Model CanvasBusiness Model Canvas
Business Model CanvasTom Philip
 
Startup Fuze - Business Model, Business Plan & Revenue Models
Startup Fuze - Business Model, Business Plan & Revenue ModelsStartup Fuze - Business Model, Business Plan & Revenue Models
Startup Fuze - Business Model, Business Plan & Revenue ModelsLuis Almanza
 

Viewers also liked (20)

Brand Merger & Acquisition Lenovo Acquisiion Of Ibm Pc(Final Version)
Brand Merger & Acquisition  Lenovo Acquisiion Of Ibm Pc(Final Version)Brand Merger & Acquisition  Lenovo Acquisiion Of Ibm Pc(Final Version)
Brand Merger & Acquisition Lenovo Acquisiion Of Ibm Pc(Final Version)
 
Sales business development account plan ahnna w
Sales business development account plan ahnna wSales business development account plan ahnna w
Sales business development account plan ahnna w
 
Strategic Business Plan - Starting A Small Business
Strategic Business Plan - Starting A Small BusinessStrategic Business Plan - Starting A Small Business
Strategic Business Plan - Starting A Small Business
 
Gepco
GepcoGepco
Gepco
 
Presentation By Munawar Baseer Ahmed
Presentation By Munawar Baseer AhmedPresentation By Munawar Baseer Ahmed
Presentation By Munawar Baseer Ahmed
 
Bpr ppt
Bpr pptBpr ppt
Bpr ppt
 
Advanced strategic planning
Advanced strategic planningAdvanced strategic planning
Advanced strategic planning
 
TOWN OF BERTHOUD BUSINESS DEVELOPMENT STRATEGIC PLAN 2016
TOWN OF BERTHOUD BUSINESS DEVELOPMENT STRATEGIC PLAN 2016TOWN OF BERTHOUD BUSINESS DEVELOPMENT STRATEGIC PLAN 2016
TOWN OF BERTHOUD BUSINESS DEVELOPMENT STRATEGIC PLAN 2016
 
Session Two Projects And Activities To Create A Strategic Plan And A Supporti...
Session Two Projects And Activities To Create A Strategic Plan And A Supporti...Session Two Projects And Activities To Create A Strategic Plan And A Supporti...
Session Two Projects And Activities To Create A Strategic Plan And A Supporti...
 
5 Paradigms And Kingdom Business For Alict August 2009
5 Paradigms And Kingdom Business For Alict August 20095 Paradigms And Kingdom Business For Alict August 2009
5 Paradigms And Kingdom Business For Alict August 2009
 
Get Strategic Business Development Plan
Get Strategic Business Development PlanGet Strategic Business Development Plan
Get Strategic Business Development Plan
 
MERGER,ACQUISITION AND CORPORATE RESTRUCTURING
MERGER,ACQUISITION AND CORPORATE RESTRUCTURINGMERGER,ACQUISITION AND CORPORATE RESTRUCTURING
MERGER,ACQUISITION AND CORPORATE RESTRUCTURING
 
Enda connolly - HRB Strategic Business Plan 2010-2014 - 2009
Enda connolly - HRB Strategic Business Plan 2010-2014 - 2009Enda connolly - HRB Strategic Business Plan 2010-2014 - 2009
Enda connolly - HRB Strategic Business Plan 2010-2014 - 2009
 
2030 Strategic Plan and 2014-25018 Business Plan
2030 Strategic Plan and 2014-25018 Business Plan2030 Strategic Plan and 2014-25018 Business Plan
2030 Strategic Plan and 2014-25018 Business Plan
 
Real Estate Development Business Plan
Real Estate Development Business PlanReal Estate Development Business Plan
Real Estate Development Business Plan
 
Business plan writing power point
Business plan writing power pointBusiness plan writing power point
Business plan writing power point
 
Business Model - system strategy flow chart with feedback loops for lean startup
Business Model - system strategy flow chart with feedback loops for lean startupBusiness Model - system strategy flow chart with feedback loops for lean startup
Business Model - system strategy flow chart with feedback loops for lean startup
 
LEAN SIX SIGMA CANVAS: A Universal Problem Solving (UPS) Worksheet for Lean S...
LEAN SIX SIGMA CANVAS: A Universal Problem Solving (UPS) Worksheet for Lean S...LEAN SIX SIGMA CANVAS: A Universal Problem Solving (UPS) Worksheet for Lean S...
LEAN SIX SIGMA CANVAS: A Universal Problem Solving (UPS) Worksheet for Lean S...
 
Business Model Canvas
Business Model CanvasBusiness Model Canvas
Business Model Canvas
 
Startup Fuze - Business Model, Business Plan & Revenue Models
Startup Fuze - Business Model, Business Plan & Revenue ModelsStartup Fuze - Business Model, Business Plan & Revenue Models
Startup Fuze - Business Model, Business Plan & Revenue Models
 

Similar to Business plans versus business models - 2010

Lean startup Victoria 01 Introduction to Lean Startup
Lean startup Victoria 01 Introduction to Lean StartupLean startup Victoria 01 Introduction to Lean Startup
Lean startup Victoria 01 Introduction to Lean StartupEvan Wilms
 
University of Michigan in Silicon Valley 030211
University of Michigan in Silicon Valley 030211University of Michigan in Silicon Valley 030211
University of Michigan in Silicon Valley 030211Stanford University
 
Customer Development
Customer DevelopmentCustomer Development
Customer DevelopmentGVA
 
Idea to Startup
Idea to StartupIdea to Startup
Idea to Startupstartany
 
Why fighter pilots run startups 090511
Why fighter pilots run startups 090511Why fighter pilots run startups 090511
Why fighter pilots run startups 090511Stanford University
 
Business Model Generation - Part1: Canvas
Business Model Generation - Part1: CanvasBusiness Model Generation - Part1: Canvas
Business Model Generation - Part1: CanvasSemantia
 
Sxsw New Rules for the New Bubble 031211
Sxsw New Rules for the New Bubble 031211Sxsw New Rules for the New Bubble 031211
Sxsw New Rules for the New Bubble 031211Stanford University
 
Business Model Innovation by Business Models Inc. Training Summary
Business Model Innovation by Business Models Inc. Training SummaryBusiness Model Innovation by Business Models Inc. Training Summary
Business Model Innovation by Business Models Inc. Training SummaryBusiness Models Inc.
 
Steve blank sxsw new rules for the new bubble 031211
Steve blank  sxsw new rules for the new bubble 031211Steve blank  sxsw new rules for the new bubble 031211
Steve blank sxsw new rules for the new bubble 031211Sheila Goodman
 
Entrepreneurship class 2
Entrepreneurship class 2Entrepreneurship class 2
Entrepreneurship class 2andrewmaxwell
 
I Realize Lean Startup Hack-nov2010
I Realize Lean Startup Hack-nov2010I Realize Lean Startup Hack-nov2010
I Realize Lean Startup Hack-nov2010TOP-IX Consortium
 

Similar to Business plans versus business models - 2010 (20)

Lean startup Victoria 01 Introduction to Lean Startup
Lean startup Victoria 01 Introduction to Lean StartupLean startup Victoria 01 Introduction to Lean Startup
Lean startup Victoria 01 Introduction to Lean Startup
 
University of Michigan in Silicon Valley 030211
University of Michigan in Silicon Valley 030211University of Michigan in Silicon Valley 030211
University of Michigan in Silicon Valley 030211
 
Customer Development
Customer DevelopmentCustomer Development
Customer Development
 
Idea to Startup
Idea to StartupIdea to Startup
Idea to Startup
 
Cleantech Open 071611
Cleantech Open 071611Cleantech Open 071611
Cleantech Open 071611
 
Berkeley columbia alumni 092411
Berkeley columbia alumni 092411Berkeley columbia alumni 092411
Berkeley columbia alumni 092411
 
Why fighter pilots run startups
Why fighter pilots run startupsWhy fighter pilots run startups
Why fighter pilots run startups
 
Why fighter pilots run startups 090511
Why fighter pilots run startups 090511Why fighter pilots run startups 090511
Why fighter pilots run startups 090511
 
Business Model Generation - Part1: Canvas
Business Model Generation - Part1: CanvasBusiness Model Generation - Part1: Canvas
Business Model Generation - Part1: Canvas
 
True ventures 072011
True ventures 072011True ventures 072011
True ventures 072011
 
Entrepreneur ideas
Entrepreneur ideasEntrepreneur ideas
Entrepreneur ideas
 
Sxsw New Rules for the New Bubble 031211
Sxsw New Rules for the New Bubble 031211Sxsw New Rules for the New Bubble 031211
Sxsw New Rules for the New Bubble 031211
 
Commonwealth club 020811
Commonwealth club 020811Commonwealth club 020811
Commonwealth club 020811
 
Biz barcelona 061511
Biz barcelona 061511Biz barcelona 061511
Biz barcelona 061511
 
Biz barcelona 061511
Biz barcelona 061511Biz barcelona 061511
Biz barcelona 061511
 
Business Model Innovation by Business Models Inc. Training Summary
Business Model Innovation by Business Models Inc. Training SummaryBusiness Model Innovation by Business Models Inc. Training Summary
Business Model Innovation by Business Models Inc. Training Summary
 
Steve blank sxsw new rules for the new bubble 031211
Steve blank  sxsw new rules for the new bubble 031211Steve blank  sxsw new rules for the new bubble 031211
Steve blank sxsw new rules for the new bubble 031211
 
Lean Canvas Workshop
Lean Canvas WorkshopLean Canvas Workshop
Lean Canvas Workshop
 
Entrepreneurship class 2
Entrepreneurship class 2Entrepreneurship class 2
Entrepreneurship class 2
 
I Realize Lean Startup Hack-nov2010
I Realize Lean Startup Hack-nov2010I Realize Lean Startup Hack-nov2010
I Realize Lean Startup Hack-nov2010
 

More from Stanford University

Team Networks - 2022 Technology, Innovation & Great Power Competition
Team Networks  - 2022 Technology, Innovation & Great Power CompetitionTeam Networks  - 2022 Technology, Innovation & Great Power Competition
Team Networks - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team LiOn Batteries - 2022 Technology, Innovation & Great Power Competition
Team LiOn Batteries  - 2022 Technology, Innovation & Great Power CompetitionTeam LiOn Batteries  - 2022 Technology, Innovation & Great Power Competition
Team LiOn Batteries - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team Quantum - 2022 Technology, Innovation & Great Power Competition
Team Quantum  - 2022 Technology, Innovation & Great Power CompetitionTeam Quantum  - 2022 Technology, Innovation & Great Power Competition
Team Quantum - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team Disinformation - 2022 Technology, Innovation & Great Power Competition
Team Disinformation  - 2022 Technology, Innovation & Great Power CompetitionTeam Disinformation  - 2022 Technology, Innovation & Great Power Competition
Team Disinformation - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team Wargames - 2022 Technology, Innovation & Great Power Competition
Team Wargames  - 2022 Technology, Innovation & Great Power CompetitionTeam Wargames  - 2022 Technology, Innovation & Great Power Competition
Team Wargames - 2022 Technology, Innovation & Great Power CompetitionStanford University
 
Team Acquistion - 2022 Technology, Innovation & Great Power Competition
Team Acquistion  - 2022 Technology, Innovation & Great Power Competition Team Acquistion  - 2022 Technology, Innovation & Great Power Competition
Team Acquistion - 2022 Technology, Innovation & Great Power Competition Stanford University
 
Team Climate Change - 2022 Technology, Innovation & Great Power Competition
Team Climate Change - 2022 Technology, Innovation & Great Power Competition Team Climate Change - 2022 Technology, Innovation & Great Power Competition
Team Climate Change - 2022 Technology, Innovation & Great Power Competition Stanford University
 
Altuna Engr245 2022 Lessons Learned
Altuna Engr245 2022 Lessons LearnedAltuna Engr245 2022 Lessons Learned
Altuna Engr245 2022 Lessons LearnedStanford University
 
Invisa Engr245 2022 Lessons Learned
Invisa Engr245 2022 Lessons LearnedInvisa Engr245 2022 Lessons Learned
Invisa Engr245 2022 Lessons LearnedStanford University
 
ānanda Engr245 2022 Lessons Learned
ānanda Engr245 2022 Lessons Learnedānanda Engr245 2022 Lessons Learned
ānanda Engr245 2022 Lessons LearnedStanford University
 
Gordian Knot Center Roundtable w/Depty SecDef
Gordian Knot Center Roundtable w/Depty SecDef Gordian Knot Center Roundtable w/Depty SecDef
Gordian Knot Center Roundtable w/Depty SecDef Stanford University
 
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Stanford University
 
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Stanford University
 
Team Catena - 2021 Technology, Innovation & Great Power Competition
Team Catena - 2021 Technology, Innovation & Great Power CompetitionTeam Catena - 2021 Technology, Innovation & Great Power Competition
Team Catena - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Apollo - 2021 Technology, Innovation & Great Power Competition
Team Apollo - 2021 Technology, Innovation & Great Power CompetitionTeam Apollo - 2021 Technology, Innovation & Great Power Competition
Team Apollo - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Drone - 2021 Technology, Innovation & Great Power Competition
Team Drone - 2021 Technology, Innovation & Great Power CompetitionTeam Drone - 2021 Technology, Innovation & Great Power Competition
Team Drone - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Short Circuit - 2021 Technology, Innovation & Great Power Competition
Team Short Circuit - 2021 Technology, Innovation & Great Power CompetitionTeam Short Circuit - 2021 Technology, Innovation & Great Power Competition
Team Short Circuit - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Aurora - 2021 Technology, Innovation & Great Power Competition
Team Aurora - 2021 Technology, Innovation & Great Power CompetitionTeam Aurora - 2021 Technology, Innovation & Great Power Competition
Team Aurora - 2021 Technology, Innovation & Great Power CompetitionStanford University
 
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...Stanford University
 
Lecture 8 - Technology, Innovation and Great Power Competition - Cyber
Lecture 8 - Technology, Innovation and Great Power Competition - CyberLecture 8 - Technology, Innovation and Great Power Competition - Cyber
Lecture 8 - Technology, Innovation and Great Power Competition - CyberStanford University
 

More from Stanford University (20)

Team Networks - 2022 Technology, Innovation & Great Power Competition
Team Networks  - 2022 Technology, Innovation & Great Power CompetitionTeam Networks  - 2022 Technology, Innovation & Great Power Competition
Team Networks - 2022 Technology, Innovation & Great Power Competition
 
Team LiOn Batteries - 2022 Technology, Innovation & Great Power Competition
Team LiOn Batteries  - 2022 Technology, Innovation & Great Power CompetitionTeam LiOn Batteries  - 2022 Technology, Innovation & Great Power Competition
Team LiOn Batteries - 2022 Technology, Innovation & Great Power Competition
 
Team Quantum - 2022 Technology, Innovation & Great Power Competition
Team Quantum  - 2022 Technology, Innovation & Great Power CompetitionTeam Quantum  - 2022 Technology, Innovation & Great Power Competition
Team Quantum - 2022 Technology, Innovation & Great Power Competition
 
Team Disinformation - 2022 Technology, Innovation & Great Power Competition
Team Disinformation  - 2022 Technology, Innovation & Great Power CompetitionTeam Disinformation  - 2022 Technology, Innovation & Great Power Competition
Team Disinformation - 2022 Technology, Innovation & Great Power Competition
 
Team Wargames - 2022 Technology, Innovation & Great Power Competition
Team Wargames  - 2022 Technology, Innovation & Great Power CompetitionTeam Wargames  - 2022 Technology, Innovation & Great Power Competition
Team Wargames - 2022 Technology, Innovation & Great Power Competition
 
Team Acquistion - 2022 Technology, Innovation & Great Power Competition
Team Acquistion  - 2022 Technology, Innovation & Great Power Competition Team Acquistion  - 2022 Technology, Innovation & Great Power Competition
Team Acquistion - 2022 Technology, Innovation & Great Power Competition
 
Team Climate Change - 2022 Technology, Innovation & Great Power Competition
Team Climate Change - 2022 Technology, Innovation & Great Power Competition Team Climate Change - 2022 Technology, Innovation & Great Power Competition
Team Climate Change - 2022 Technology, Innovation & Great Power Competition
 
Altuna Engr245 2022 Lessons Learned
Altuna Engr245 2022 Lessons LearnedAltuna Engr245 2022 Lessons Learned
Altuna Engr245 2022 Lessons Learned
 
Invisa Engr245 2022 Lessons Learned
Invisa Engr245 2022 Lessons LearnedInvisa Engr245 2022 Lessons Learned
Invisa Engr245 2022 Lessons Learned
 
ānanda Engr245 2022 Lessons Learned
ānanda Engr245 2022 Lessons Learnedānanda Engr245 2022 Lessons Learned
ānanda Engr245 2022 Lessons Learned
 
Gordian Knot Center Roundtable w/Depty SecDef
Gordian Knot Center Roundtable w/Depty SecDef Gordian Knot Center Roundtable w/Depty SecDef
Gordian Knot Center Roundtable w/Depty SecDef
 
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
 
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
Team Army venture capital - 2021 Technology, Innovation & Great Power Competi...
 
Team Catena - 2021 Technology, Innovation & Great Power Competition
Team Catena - 2021 Technology, Innovation & Great Power CompetitionTeam Catena - 2021 Technology, Innovation & Great Power Competition
Team Catena - 2021 Technology, Innovation & Great Power Competition
 
Team Apollo - 2021 Technology, Innovation & Great Power Competition
Team Apollo - 2021 Technology, Innovation & Great Power CompetitionTeam Apollo - 2021 Technology, Innovation & Great Power Competition
Team Apollo - 2021 Technology, Innovation & Great Power Competition
 
Team Drone - 2021 Technology, Innovation & Great Power Competition
Team Drone - 2021 Technology, Innovation & Great Power CompetitionTeam Drone - 2021 Technology, Innovation & Great Power Competition
Team Drone - 2021 Technology, Innovation & Great Power Competition
 
Team Short Circuit - 2021 Technology, Innovation & Great Power Competition
Team Short Circuit - 2021 Technology, Innovation & Great Power CompetitionTeam Short Circuit - 2021 Technology, Innovation & Great Power Competition
Team Short Circuit - 2021 Technology, Innovation & Great Power Competition
 
Team Aurora - 2021 Technology, Innovation & Great Power Competition
Team Aurora - 2021 Technology, Innovation & Great Power CompetitionTeam Aurora - 2021 Technology, Innovation & Great Power Competition
Team Aurora - 2021 Technology, Innovation & Great Power Competition
 
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
Team Conflicted Capital Team - 2021 Technology, Innovation & Great Power Comp...
 
Lecture 8 - Technology, Innovation and Great Power Competition - Cyber
Lecture 8 - Technology, Innovation and Great Power Competition - CyberLecture 8 - Technology, Innovation and Great Power Competition - Cyber
Lecture 8 - Technology, Innovation and Great Power Competition - Cyber
 

Recently uploaded

How to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxHow to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxCeline George
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxRamakrishna Reddy Bijjam
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structuredhanjurrannsibayan2
 
Towards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxTowards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxJisc
 
Sociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning ExhibitSociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning Exhibitjbellavia9
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.MaryamAhmad92
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...pradhanghanshyam7136
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17Celine George
 
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptxOn_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptxPooja Bhuva
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptxMaritesTamaniVerdade
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfAdmir Softic
 
SOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning PresentationSOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning Presentationcamerronhm
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxheathfieldcps1
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.pptRamjanShidvankar
 
Plant propagation: Sexual and Asexual propapagation.pptx
Plant propagation: Sexual and Asexual propapagation.pptxPlant propagation: Sexual and Asexual propapagation.pptx
Plant propagation: Sexual and Asexual propapagation.pptxUmeshTimilsina1
 
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfDr Vijay Vishwakarma
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSCeline George
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxPooja Bhuva
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsMebane Rash
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfagholdier
 

Recently uploaded (20)

How to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptxHow to setup Pycharm environment for Odoo 17.pptx
How to setup Pycharm environment for Odoo 17.pptx
 
Python Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docxPython Notes for mca i year students osmania university.docx
Python Notes for mca i year students osmania university.docx
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structure
 
Towards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptxTowards a code of practice for AI in AT.pptx
Towards a code of practice for AI in AT.pptx
 
Sociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning ExhibitSociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning Exhibit
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptxOn_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
On_Translating_a_Tamil_Poem_by_A_K_Ramanujan.pptx
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
 
Key note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdfKey note speaker Neum_Admir Softic_ENG.pdf
Key note speaker Neum_Admir Softic_ENG.pdf
 
SOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning PresentationSOC 101 Demonstration of Learning Presentation
SOC 101 Demonstration of Learning Presentation
 
The basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptxThe basics of sentences session 3pptx.pptx
The basics of sentences session 3pptx.pptx
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.ppt
 
Plant propagation: Sexual and Asexual propapagation.pptx
Plant propagation: Sexual and Asexual propapagation.pptxPlant propagation: Sexual and Asexual propapagation.pptx
Plant propagation: Sexual and Asexual propapagation.pptx
 
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdfUnit 3 Emotional Intelligence and Spiritual Intelligence.pdf
Unit 3 Emotional Intelligence and Spiritual Intelligence.pdf
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POS
 
Interdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptxInterdisciplinary_Insights_Data_Collection_Methods.pptx
Interdisciplinary_Insights_Data_Collection_Methods.pptx
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 

Business plans versus business models - 2010

  • 1. Business Models Steve Blank www.steveblank.com Clean Tech Open Accelerator 2010
  • 3. I Write a Blog www.steveblank.com
  • 4. It Starts With the “Idea ”
  • 5.
  • 6.
  • 7.
  • 8.
  • 9. But an Idea By Itself is Not a Company
  • 10.
  • 11. Technology Risk , Market Risk or Both?
  • 12. Clean Tech Markets Air, Water & Waste Energy Efficiency Green Building Renewables Smart Power Transport
  • 13.
  • 14.
  • 15. Next… CleanTech Business Plan Hypothesis
  • 16.
  • 17.
  • 18.
  • 19. How Big is It ? So if You Succeed Do I Care?
  • 20.
  • 21. Total Available Market, Served Available Market, Target Market Target Market SAM = how many can I reach with my sales channel TAM = how big is the universe Target Market (for a startup) = who will be the most likely buyers Total Available Market Served Available Market
  • 22.
  • 23.
  • 24.
  • 25.
  • 26. Plan versus Model
  • 27.
  • 28.
  • 29.
  • 30. No Business Plan survives first contact with customers
  • 31. So Search for a Business Model
  • 32. Business Model … Start with the Pieces
  • 33.
  • 34.
  • 35. Users Customers Purchase Distribution Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd Party Integration $ $ $ $
  • 36. Users Customers Purchase Distribution Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd Party Integration $ $ $ $
  • 37. Users Customers Purchase Distribution Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd Party Integration $ $ $ $
  • 38. Users Customers Purchase Distribution Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd Party Integration $ $ $ $
  • 39. Users Customers Distribution Channel Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd Party Integration $ $ $ $
  • 40. Users Customers Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd Party Integration $ $ Distribution Channel $ $
  • 41. Users Customers Distribution Channel Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd Party Integration $ $ $ $
  • 42. Users Customers Distribution Channel Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd Party Integration $ $ $ $
  • 43. Users Customers Distribution Channel Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd Party Integration $ $ $ $
  • 44. Emphasis On Hypotheses Testing
  • 45. Startups Continually Iterate & Pivot
  • 46. VALUE PROPOSITION COST STRUCTURE CUSTOMER RELATIONSHIP TARGET CUSTOMER DISTRIBUTION CHANNEL VALUE CONFIGURATION CORE CAPABILITIES PARTNER NETWORK REVENUE STREAMS gives an overall view of a company's bundle of products and services portrays the network of cooperative agreements with other companies describes the channels to communicate and get in touch with customers describes the arrangement of activities and resources explains the relationships a company establishes with its customers sums up the monetary consequences to run a business model describes the revenue streams through which money is earned describes the customers a company wants to offer value to outlines the capabilities required to run a company's business model INFRASTRUCTURE CUSTOMER OFFER FINANCE Business Model = Keeping Score in a Startup
  • 48. Business Model on Day One of Your Startup
  • 49. Users Customers Distribution Channel Demand Creation Product Resources $ $ Assembly / Manufacturing 3 rd Party Integration $ $ ? ? ? ? ? ? ? ? $ $
  • 50. Hypothesis Testing Process Customer Development Customer Discovery Customer Validation Company Building Customer Creation Pivot
  • 51.
  • 52.
  • 53.
  • 55. Putting It Together in A VC Pitch
  • 56.
  • 57.
  • 58.
  • 59.

Editor's Notes

  1. Left side: Total/serviceable/target: just one picture (16000 MW world PV) – (8000 grid-tied) - - ( 1000 MW grid tied PV ) growing at 17% annual and 6GW of concentrating solar in the pipeline. Solar PV is growing at 52% Make sure we include concrete numbers 1840 MW installed annually in US by 2012, and cumulative will be 5182 MW. CA installs 180 MW annually - The distribution is skewed right. We are planning on focusing on the big players - Figure out how many individual sales we actually have to make “ Large-scale commercial PV and central-station utility-scale PV will most likely become the dominant growth market, - according to electric power research institute Make sure we’re explicit about growth plans (residential, international) *Mention that we talked to competition to validate our assumptions Market segmentation- find those numbers and include them. Make sure we say that it is an existing market - Include another slide that shows how much bigger the pie is in a few years
  2. Left side: Total/serviceable/target: just one picture (16000 MW world PV) – (8000 grid-tied) - - ( 1000 MW grid tied PV ) growing at 17% annual and 6GW of concentrating solar in the pipeline. Solar PV is growing at 52% Make sure we include concrete numbers 1840 MW installed annually in US by 2012, and cumulative will be 5182 MW. CA installs 180 MW annually - The distribution is skewed right. We are planning on focusing on the big players - Figure out how many individual sales we actually have to make “ Large-scale commercial PV and central-station utility-scale PV will most likely become the dominant growth market, - according to electric power research institute Make sure we’re explicit about growth plans (residential, international) *Mention that we talked to competition to validate our assumptions Market segmentation- find those numbers and include them. Make sure we say that it is an existing market - Include another slide that shows how much bigger the pie is in a few years
  3. Left side: Total/serviceable/target: just one picture (16000 MW world PV) – (8000 grid-tied) - - ( 1000 MW grid tied PV ) growing at 17% annual and 6GW of concentrating solar in the pipeline. Solar PV is growing at 52% Make sure we include concrete numbers 1840 MW installed annually in US by 2012, and cumulative will be 5182 MW. CA installs 180 MW annually - The distribution is skewed right. We are planning on focusing on the big players - Figure out how many individual sales we actually have to make “ Large-scale commercial PV and central-station utility-scale PV will most likely become the dominant growth market, - according to electric power research institute Make sure we’re explicit about growth plans (residential, international) *Mention that we talked to competition to validate our assumptions Market segmentation- find those numbers and include them. Make sure we say that it is an existing market - Include another slide that shows how much bigger the pie is in a few years
  4. November 2006 [email_address]