December, 2011

Steve Blank

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The Government Starts an Incubator: The National Science Foundation Innovation Corps

Steve Blank

Over the last two months the U.S. government has been running one of the most audacious experiments in entrepreneurship since World War II. They launched an incubator for the top scientists and engineers in the U.S. This week we saw the results. 63 scientists and engineers in 21 teams made 2,000 customer calls in 8 weeks , turning laboratory ideas into formidable startups. 19 of the 21 teams are moving forward in commercializing their technology.

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The National Science Foundation Innovation Corps – Class 2: The Business Model Canvas

Steve Blank

The Lean LaunchPad class for the National Science Foundation Innovation Corps is a new model of teaching startup entrepreneurship. This post is part two. Part one is here. Syllabus here. The 21 NSF teams had been out of the classroom for just 15 hours as they filed back in with their business model canvas presentations. Their assignment appeared (to them) to be deceptively simple: Write down their initial hypotheses for the 9 components of their company’s business model (who are the customers?

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American Entrepreneur Radio Interview

Steve Blank

I was lucky enough to get interviewed by Rob Morris of American Entrepreneur Radio. Ron Morris has a great “radio voice,” and actually seemed to understand what the heck I was talking about. It made for a fun interview. Click here to listen to the interview: Steve Blank American Entrepreneur Radio interview. The following week Ron Morris interviewed Regis McKenna , who for decades was the “gold standard” for high tech Public Relations in Silicon Valley.

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The Startup Team

Steve Blank

Individuals play the game, but teams beat the odds. SEAL Team saying. Over the last 40 years Technology investors have learned that the success of startups are not just about the technology but “it’s about the team.”. We spent a year screwing it up in our Lean LaunchPad classes until we figured out it was about having the right team. Startup Team Lessons Learned.

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