Remove 1998 Remove Business Model Remove Customer Development Remove Design
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No Business Plan Survives First Contact With A Customer – The 5.2 billion dollar mistake.

Steve Blank

But nine months after the first call was made in 1998, Iridium was in Chapter 11 bankruptcy. But Iridium’s business model assumptions were fixed like it was still 1990. No Business Plan Survives First Contact With A Customer. Business plans are the leading cause of startup death. iridium satellite network.

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Why Pioneers Have Arrows In Their Backs

Steve Blank

The irony is that in a retrospective paper ten years later (1998), [ 2 ] the authors backed off from their claims. Using this idea to differentiate themselves as the hot new Silicon Valley VCs, some of his former business school students made this phrase their rallying cry. Filed under: Customer Development , Market Types , Marketing.

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Revenue Development

K9 Ventures

We really were doing the i-thing before Apple came out with its first iMac in 1998. Heck, it had to work, since we built it in close consultation with the customer. As someone who is trained in Human Computer Interaction, I had followed the concept of User Centered Design. The product worked. being the dominant one at the time).

Revenue 72
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New Rules for the New Internet Bubble

Steve Blank

Customer Development , Agile Engineering and the Lean methodology enforced a process of incremental and iterative development. Startups could now get a first version of a product out to customers in weeks/months rather than months/years. Rules for building a company in 2011 are different than they were in 2008 or 1998.

Internet 335
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The Lean Entrepreneur is here

Startup Lessons Learned

Struggling to explain the successes and failures of those companies, I discussed principles like continuous deployment, customer development, and a hyper-accelerated form of agile. Therefore, we needed a new management toolkit designed explicitly for iteration, scientific learning, and rapid experimentation. It's a big tent.

Lean 167