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Quote by Steve Blank

“Business plans are the tool existing companies use for execution. They are the wrong tool to search for a business model.”

Quote by Steve Blank

Author

Steve Blank, born in 1953, is an accomplished entrepreneur. He has founded multiple companies in Silicon Valley and has accumulated extensive experience in the startup industry. Blank is known for his unique entrepreneurial methodology and profound insights into market needs. more

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“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.”

“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.”

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“In a startup no facts exist inside the building, only opinions.”

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“Disruption on the first day always looks like a toy.”

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“A business model describes how your company creates, delivers and captures value.”

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“There are no facts inside the building so get the hell outside.”

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“Build and they will come’ is not a strategy, it’s a prayer.”

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“Startups don’t fail because they lack a product; they fail because they lack customers and a profitable business model.”

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“The world is run by those who show up not those who wait to be asked.”

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“The only way to beat the competition is to stop trying to beat the competition”

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