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Entrepreneurship & Innovation

Business model

morreale Friday 05 of August, 2011
The Harvard Business Review interviews entrepreneur Steve Blank. In the interview, Steve explains the difference between a business plan and a business model. Startups are searching for a value proposition so they need to iterate a business model until a value proposition is found. Then, the company changes to a business plan and begins to execute the plan. At this point, founders tend to leave their company unless the investors nurture them for the transition along the way.

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