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Building a World Class Entrepreneurship Program
I Write a Blog   www.steveblank.com
This Talk is Based On Business Model Generation Four Steps to the Epiphany The Lean Startup
First -What’s A Startup? Six Types of Startups
Startup Lifestyle Startups Work to Live their Passion ,[object Object]
Pay for their passion,[object Object]
Feed the family,[object Object]
Feed the family,[object Object]
99.7% of all companies
~ 50% of total U.S. workershttp://www.sba.gov/advo/stats/sbfaq.pdf
Scalable Startup Large Company Scalable Startup Search Goal is to solve for:   unknown customer and unknown features
Execute Search Scalable Startup Large Company Exit Criteria ,[object Object]
 Total Available Market > €300m
 Can grow to €50/yearScalable StartupBorn to Be Big
Scalable Startup Large Company ,[object Object]
 Company can grow to $100m/year
 Business model found
 Focused on execution and process
 Typically requires “risk capital”Scalable Startup Execute Search ,[object Object]
 Typically needs risk capital
 What Silicon Valley means when they say “Startup”,[object Object]
 Professional Mgmt
 Process
 Beginning of scale,[object Object]
Buyable Startup Search Sell Scalable Startup €3 to e0M Acquisition Goal is to solve for:   Internet and Mobile Apps Sell to larger company
Scalable Startup Large Company ,[object Object]
 i.e. Product/Market fit- Repeatable sales model - Managers hired What’s A Startup? Search  Execute A Startup is a temporary organization used to search for a repeatable and scalable business model

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