Business plans are the tool existing companies use for execution. They are the wrong tool to search for a business model.
Steve BlankRead
Startups are painful, stressful and at times demoralizing. You need to be a true believer in the vision of what you are doing. You need to passionate about it and love what you’re doing. If you don’t, there is no way you can sustain the hours, stress and disappointment. There’s no way you’re going to be able to convince investors, customers and most importantly recruit a world-class team if you not building something you think is going to change the world.
Interpretation
What this quote means
Startups require deep commitment and passion to overcome challenges and achieve success.
This quote emphasizes the inherent difficulties of starting a business, highlighting the necessity of genuine belief in one's vision. Without passion and commitment, it becomes nearly impossible to endure the pressures and setbacks associated with startups, and anyone seeking to lead a successful venture must inspire confidence in others, including investors and team members, about their transformative goals.
Themes
StartupsPassionVisionCommitmentSuccessInvestment
In practice
Example use cases
This quote could be used in a startup pitch to inspire potential investors about the dedication of the founding team.
More from Steve Blank
All quotes →Unless you have tested the assumptions in your business model first, outside the building, your business plan is just creative writing.
Steve BlankRead
People talk about getting lucky breaks in their careers. I’m living proof that the “lucky breaks” theory is simply wrong. You get to make your own luck... The world is run by those who show up…not those who wait to be asked.
Steve BlankRead
You need to ask yourself, ‘Where do you want to work: startups, mid-size or large companies?’ If you find yourself debating the ‘startup versus large company’ choice you’ve already chosen the big company. Entrepreneurship isn’t a career choice it’s a passion and obsession.
Steve BlankRead
We now know that something between 85 and 90 percent of most software product features are unwanted and unneeded by customers. That is an enourmous ammount of waste of time and money that ends up on the floor.
Steve BlankRead
Greatest risk is not development of new product, but development of customers and markets
Steve BlankRead
Similar quotes
It is very dangerous to have your self-worth riding on your results as an athlete.
Jim CourierRead
Your attitude determines your actions, and your actions determine your accomplishment.
John C. MaxwellRead
If we don't see a failure as a challenge to modify our approach, but rather as a problem with ourselves, as a personality defect, we will immediately feel overwhelmed.
Tony RobbinsRead
Americans are fighters. We're tough, resourceful and creative, and if we have the chance to fight on a level playing field, where everyone pays a fair share and everyone has a real shot, then no one - no one can stop us.
Elizabeth WarrenRead
Now, everything I do, I do because I want to. And I believe the best is yet to come.
Nikki GiovanniRead
Set the kind of goals that will make something of you to achieve them.
Jim RohnRead