Happy 2014 Silicon Valley and the Bay Area! No Scarlet Plague has stricken the Bay Area in 2013 and no dot com crash has hit as of yet. But some of the signs of a bubbly dot com bubble are appearing. From a frothy, unsustainable real estate market that has pushed rent costs higher and higher, to increased traffic of Tesla Model S 4 door sedans piloted by GoogleGlassHole drivers running up and down the 101. It’s here. The Tech Bubble. When will it pop? No one knows. Yet. Though some of the high flyers of the Tech World in this bubble are different from the Pets.com era of the past. Some of these booming tech companies in SiliconCali are actually profitable and are minting money as I type.
The free online Technology Entrepreneurship class through Stanford University is basically an online version of Y Combinator. Startup Teams form around a central business idea and develop that idea using Lean Startup techniques. Team RingCrowd developed this survey in order to understand the biggest limitations an entrepreneur faces when forming a startup company and would really appreciate your feedback by filling out the following:
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Thank you so very much for your time and we really hope everyone is having fun with the class assignments.
This excellent video from Business Model Generation explains the essentials of generating a business model for your current business or the idea for your next enterprise:
So if you need to re-structure your current business model or make a business model for the idea that’s itching to get out of your brain and into the real world this 2 minute video is a good place to start.
If you are interested in more details information on start up business models, they have some excellent tools to help you find your way around.