predicate offences from which these proceeds are derived, and to ensure that the criminals can enjoy their proceeds, by consuming or investing them in the legal economy. To achieve those goals, they use certain methods, for example, the conversion of illicit cash into another asset, the concealment of the true ownership or source of the illegally acquired proceeds, the creation of the perception
ENTREPRENEURSHIP
Why the Lean Start-Up Changes
Everything
by Steve Blank
FROM THE MAY 2013 ISSUE
L
aunching a new enterprisewhether it’s a tech start-up, a small business, or an initiative
within a large corporationhas always been a hit-or-miss proposition. According to the
decades-old formula, you write a business plan, pitch it to investors, assemble a team,
introduce a product, and start sel
Summary.
Lean Business Model
Why the Lean Start-Up Changes
Everything
by Steve Blank
From the Magazine (May 2013)
Download, 2005, Acrylic on linen, 1.5 m x 1.5 m, Wallace Trust Collection; Photography: Courtesy of the artist and Gow Langsford Gallery Sara
Hughes
In the past few years, a new methodology for launching companies,
called “the lean start-up,” has begun to replace the old regimen.