Do not care about business plan, care about business model

[ By Steve Blank Woodstock for Entrepreneurs – the Startup Lessons Learned Conference ]

Why accountants don’t run startups

If you wanted to know what I’ve been thinking about after Customer Development, you can see and hear it in the talk I gave at the conference. Watch the expanded version of “Why Accountants Don’t Run Startups below.
- The first story, Shifts in Entrepreneurship starts at 4:20
- Not All Startups Are Equal starts at 7:30
- What VC’s Don’t Tell You starts at 12:00
- Business Plans Versus Business Models at 14:08
- Startups Search Companies Execute at 17:05
- Leadership Versus Management at 24:50
- Durant Versus Sloan at 30:13
- E-School Versus B-School at 33:41

View more presentations from Steve Blank.

Avoid Hiring The Wrong Execs

Execs at large companies are good at fine tuning these existing systems, while startups need people who can help mold and create the business' framework for its future as a large company. Steve Blank says that the reason there are disparages and possible conflicts between traditional executives and startup execs is that education is too focused on traditional business practices, and not enough on entrepreneurship.

So how does a startup founder select the right execs to help nurse their fledgling company into a prosperous large business? According to Horowitz, there are two steps needed to assure the right people are hired: and extensive and highly scrutinized hiring process, and dedicated and focused integration of the executive upon hiring.

[ By www.readwriteweb.com ]

Read full story - The Perfect Fit: How Startups Can Avoid Hiring The Wrong Execs