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

Lecture 1: Business Model & Customer Development
Lecture 1: Business Model & Customer DevelopmentLecture 1: Business Model & Customer Development
Lecture 1: Business Model & Customer Development
Stanford University
 
Product Strategy and Go to Market Model_Sample
Product Strategy and Go to Market Model_SampleProduct Strategy and Go to Market Model_Sample
Product Strategy and Go to Market Model_Sample
Paresh Baghel
 

What's hot (20)

Topic 4 business model innovation
Topic 4   business model innovationTopic 4   business model innovation
Topic 4 business model innovation
 
Lecture 1: Business Model & Customer Development
Lecture 1: Business Model & Customer DevelopmentLecture 1: Business Model & Customer Development
Lecture 1: Business Model & Customer Development
 
How to find product market fit
How to find product market fitHow to find product market fit
How to find product market fit
 
IBM Go to Market Strategy
IBM Go to Market StrategyIBM Go to Market Strategy
IBM Go to Market Strategy
 
Stanford Engineering 245 syllabus, 2016
Stanford Engineering 245 syllabus, 2016Stanford Engineering 245 syllabus, 2016
Stanford Engineering 245 syllabus, 2016
 
Go-to-market strategy, positioning and viral growth
Go-to-market strategy, positioning and viral growthGo-to-market strategy, positioning and viral growth
Go-to-market strategy, positioning and viral growth
 
Pitch Deck
Pitch DeckPitch Deck
Pitch Deck
 
Media Plan Recommendation for Solar Energy Company
Media Plan Recommendation for Solar Energy CompanyMedia Plan Recommendation for Solar Energy Company
Media Plan Recommendation for Solar Energy Company
 
Business Model Generation: Business Model Canvas + Design Thinking
Business Model Generation: Business Model Canvas + Design ThinkingBusiness Model Generation: Business Model Canvas + Design Thinking
Business Model Generation: Business Model Canvas + Design Thinking
 
How to Create the Perfect Startup Pitch Deck
How to Create the Perfect Startup Pitch DeckHow to Create the Perfect Startup Pitch Deck
How to Create the Perfect Startup Pitch Deck
 
Value Proposition Design
Value Proposition DesignValue Proposition Design
Value Proposition Design
 
Product Strategy and Go to Market Model_Sample
Product Strategy and Go to Market Model_SampleProduct Strategy and Go to Market Model_Sample
Product Strategy and Go to Market Model_Sample
 
The Best Company Pitch Evaluation Sheet
The Best Company Pitch Evaluation SheetThe Best Company Pitch Evaluation Sheet
The Best Company Pitch Evaluation Sheet
 
Unit of Value: A Framework for Scaling
Unit of Value: A Framework for ScalingUnit of Value: A Framework for Scaling
Unit of Value: A Framework for Scaling
 
Business model canvas
Business model canvasBusiness model canvas
Business model canvas
 
Product Market Fit and Beyond
Product Market Fit and BeyondProduct Market Fit and Beyond
Product Market Fit and Beyond
 
Innovation at 50x 031616
Innovation at 50x 031616Innovation at 50x 031616
Innovation at 50x 031616
 
Customer Development/Lean Startup 012610 Class 2
Customer Development/Lean Startup 012610 Class 2Customer Development/Lean Startup 012610 Class 2
Customer Development/Lean Startup 012610 Class 2
 
Successful entrepreneurship 1
Successful entrepreneurship 1Successful entrepreneurship 1
Successful entrepreneurship 1
 
Product Market Fit
Product Market FitProduct Market Fit
Product Market Fit
 

Viewers also liked

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
Girlie Villadarez
 
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
Michael Masciola
 

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

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
Stanford University
 
Why fighter pilots run startups 090511
Why fighter pilots run startups 090511Why fighter pilots run startups 090511
Why fighter pilots run startups 090511
Stanford University
 
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
Stanford University
 
Entrepreneurship class 2
Entrepreneurship class 2Entrepreneurship class 2
Entrepreneurship class 2
andrewmaxwell
 
I Realize Lean Startup Hack-nov2010
I Realize Lean Startup Hack-nov2010I Realize Lean Startup Hack-nov2010
I Realize Lean Startup Hack-nov2010
TOP-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

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

Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
ZurliaSoop
 

Recently uploaded (20)

HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptxHMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
HMCS Max Bernays Pre-Deployment Brief (May 2024).pptx
 
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...
 
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptxHMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
HMCS Vancouver Pre-Deployment Brief - May 2024 (Web Version).pptx
 
This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.This PowerPoint helps students to consider the concept of infinity.
This PowerPoint helps students to consider the concept of infinity.
 
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
 
Basic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.pptxBasic Civil Engineering first year Notes- Chapter 4 Building.pptx
Basic Civil Engineering first year Notes- Chapter 4 Building.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
 
Application orientated numerical on hev.ppt
Application orientated numerical on hev.pptApplication orientated numerical on hev.ppt
Application orientated numerical on hev.ppt
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
Holdier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdfHoldier Curriculum Vitae (April 2024).pdf
Holdier Curriculum Vitae (April 2024).pdf
 
Micro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.pdfMicro-Scholarship, What it is, How can it help me.pdf
Micro-Scholarship, What it is, How can it help me.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
 
Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)Accessible Digital Futures project (20/03/2024)
Accessible Digital Futures project (20/03/2024)
 
Sociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning ExhibitSociology 101 Demonstration of Learning Exhibit
Sociology 101 Demonstration of Learning Exhibit
 
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
 
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
TỔNG ÔN TẬP THI VÀO LỚP 10 MÔN TIẾNG ANH NĂM HỌC 2023 - 2024 CÓ ĐÁP ÁN (NGỮ Â...
 
Single or Multiple melodic lines structure
Single or Multiple melodic lines structureSingle or Multiple melodic lines structure
Single or Multiple melodic lines structure
 
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
Sensory_Experience_and_Emotional_Resonance_in_Gabriel_Okaras_The_Piano_and_Th...
 
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
Jual Obat Aborsi Hongkong ( Asli No.1 ) 085657271886 Obat Penggugur Kandungan...
 

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]