“A startup is a temporary organization in search of a scalable, repeatable, profitable business model.”

—  Steve Blank

Source: The Startup Owner’s Manual (2012), p. xvii.

Adopted from Wikiquote. Last update June 3, 2021. History

Help us to complete the source, original and additional information

Do you have more details about the quote "A startup is a temporary organization in search of a scalable, repeatable, profitable business model." by Steve Blank?
Steve Blank photo
Steve Blank52
American businessman 1953

Related quotes

Steve Blank photo

“A startup is in reality a 'faith-based enterprise' on day one. To turn the vision into reality and the faith into facts (and a profitable company), a startup must test those guesses, or hypotheses, and find out which are correct.”

Steve Blank (1953) American businessman

Source: The Four Steps to the Epiphany (2013), p. 83

Steve Blank photo

“Money is the lifeblood of startups. You stay in business until you run out of it.”

Steve Blank (1953) American businessman

Source: The Four Steps to the Epiphany (2013), p. 297

“The business of business is profits.”

Theodore Levitt (1925–2006) American economist and professor at Harvard Business School

Source: The Dangers of Social Responsibility (Levitt, 1958).

Harold Demsetz photo

“Business firms, in which controlled cooperation takes place, are the first important implication of costly transactions. The laissez-faire filtering process, using the profit test, selects some of these business organizations for survival and rejects others.”

Harold Demsetz (1930–2019) American economist

Source: Economic, Political, and Legal Dimensions of Competition. 1980, p. 25

Robin Li photo

“We didn't have a feasible business model, let's put it this way, because when we started, the business model is to provide the backend search technology to the portal companies in China. We did that, we came up with very good Chinese search engine technology and we signed up a lot of the Chinese portals in a very short period of time that includes SINA, Sohu, Netease, Yahoo! China and any partol company you can think of in China.”

Robin Li (1968) billionaire businessman and entrepreneur

Source: Opportunities in China at the Age of Innovation https://ecorner.stanford.edu/in-brief/opportunities-in-china-at-the-age-of-innovation/,Stanford eCorner(2009-09-23).

“Enterprise architecture is the organizing logic for business processes and IT infrastructure reflecting the integration and standardization requirements of a company's operation model… The key to effective enterprise architecture is to identify the processes, data, technology, and customer interfaces that take the operating model from vision to reality.”

Jeanne W. Ross (1958) American computer scientist

Source: Enterprise architecture as strategy, 2006, p. 47

Gary Hamel photo

“All too often, a successful new business model becomes the business model for companies not creative enough to invent their own.”

Gary Hamel (1954) American management expert

Source: Leading the Revolution, 2002, p. 46

Mitt Romney photo

“Bain Capital is an investment partnership which was formed to invest in startup companies and ongoing companies, then to take an active hand in managing them and hopefully, five to eight years later, to harvest them at a significant profit.”

Mitt Romney (1947) American businessman and politician

CD-ROM marking 25th anniversary of Bain & Company, quoted in * 2012-09-27
Corn
David
w:David Corn
New Romney Video: In 1985, He Said Bain Would "Harvest" Companies for Profits
Mother Jones
http://www.motherjones.com/politics/2012/09/1985-romney-bain-harvest-firms-profits-video
2012-10-03
1985

Adrian Slywotzky photo

“The number one problem in business today is profitability.”

Adrian Slywotzky (1951) American economist

Where will you be allowed to make a profit in your industry? Where is the profit zone today? Where will it be tomorrow?
Source: The Profit Zone (2007), p. 3.

“Innovative e-business projects start with a design of the e-business model. We often encounter the view, in research as well as industry practice, that an e-business model is similar to a business process model, and so can be specified using UML activity diagrams or Petri nets. In this paper, we explain why this is a misunderstanding. The root cause is that a business model is not about process but about value exchanged between actors. Failure to make this separation of concerns leads to poor business decision-making and inadequate business requirements.”

Hans van Vliet (1949) Dutch computer scientist

Jaap Gordijn, Hans Akkermans, and Hans Van Vliet. "Business modelling is not process modelling." International Conference on Conceptual Modeling. Springer Berlin Heidelberg, 2000. Abstract

Related topics