Business plans are the tool existing companies use for execution. They are the wrong tool to search for a business model.
Steve BlankRead
Topic
8 quotes
Business plans are the tool existing companies use for execution. They are the wrong tool to search for a business model.
By simply capitalizing on core strengths and knowledge, companies and entrepreneurs can engage in an emerging business model that will enable them to create - and demonstrate - real, sustainable social impact in society.
Unless you have tested the assumptions in your business model first, outside the building, your business plan is just creative writing.
You say: "I'm a blue sky thinker." Investor thinks: "You have no business model, and you don't know how to ship."
If you have a business model that relies on customers being misinformed, you better start working on changing your business model.
Holding back technology to reserve business models is like allowing blacksmiths to veto the internal combustion engine in order to protect their horseshoes.
Most business models have focused on self interest instead of user experience. Those are the kinds of problems we solve to solve.
What the meat industry figured out is that you don't need healthy animals to make a profit. Sick animals are more profitable... Factory farms calculate how close to death they can keep animals without killing them. That's the business model. How quickly they can be made to grow, how tightly they can be packed, how much or how little can they eat, how sick they can get without dying...We live in a world in which it's conventional to treat an animal like a block of wood.
Subscribe for the occasional hand-picked quote. No noise.