Steve Blank

SEPTEMBER 14, 2009

Posted on September 14, 2009 by steveblank Over the last 30 years Wall Street’s appetite for technology stocks have changed radically – swinging between unbridled enthusiasm to believing they’re all toxic. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

Silicon Valley 235

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Steve Blank

JUNE 11, 2009

And I remind them that they should be bringing some type of domain expertise (technical or business) to the table. Other Roles in a Startup Generic advice given to entrepreneurs assumes that everyone is going to be the founder/co-founder. By now the company may have found and settled on a repeatable business model.

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Steve Blank

SEPTEMBER 24, 2009

Pattern Recognition One of the great things about being an entrepreneur is that you are constantly running a pattern recognition algorithm against a continual collection of customer and market data. But at times it’s why entrepreneurs can sink their own companies. Other times it’s just plain dumb. More on this in later posts.)

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Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 The three drivers of growth for your business model. The AARRR model (hence pirates, get it?) He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one. Expo SF (May. . Expo SF (May.

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Startup Lessons Learned

SEPTEMBER 30, 2008

Platform selection and technical design - if your business strategy is to create a low-burn, highly iterative lean startup, youd better be using foundational tools that make that easy rather than hard. But I think in a lean startup, the development methodology is too important to be considered "just management." I dont think so.

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Steve Blank

JUNE 3, 2010

They start with an innovation, search for a repeatable business model, build the infrastructure for a company, then grow by efficiently executing the model. outpace an existing company’s business model. You want to start executing the business model. Companies have a fairly predictable life cycle.

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Startup Lessons Learned

JULY 29, 2009

Lessons Learned by Eric Ries Wednesday, July 29, 2009 Embrace technical debt Financial debt plays an important and positive role in our economy under normal conditions. I hope to show why lean and agile techniques actually reduce the negative impacts of technical debt and increase our ability to take advantage of its positive effects.

Technical Review 168

Technical Review Software Review San Francisco Lean 168

Steve Blank

JUNE 25, 2009

If you’ve tried to slog your way through my book on Customer Development you know that I’m insistent that the founders need to be the ones getting outside the building (physically or virtually) to validate all the initial hypotheses of the business model and product. rick , on June 25, 2009 at 8:57 am Said: Great post.

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Technology Silicon Valley Fractional VPE Part-Time VPE 143

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? I have counseled innumerable entrepreneurs to change their focus to revenue, and many companies who refuse this advice get themselves into trouble by running out of iterations.

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Startup Lessons Learned

JUNE 5, 2009

Lessons Learned by Eric Ries Friday, June 5, 2009 It’s a startup, not a spreadsheet Some people, when they start to realize the power of using data to inform their decisions, become obsessed with optimization. Certainly venture-backed startups don’t have this luxury – every business plan has a model in it.

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Startup Lessons Learned

APRIL 18, 2010

Lessons Learned by Eric Ries Sunday, April 18, 2010 Four myths about the Lean Startup Myth: Lean means cheap. Lean startups try to spend as little money as possible. Truth: The Lean Startup method is not about cost, it is about speed. Myth: The Lean Startup methodology is only for Web 2.0/internet/consumer

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Hearpreneur

JULY 8, 2017

7541547) from the USPTO in 2009. The daily program encourages a balanced eating plan of fruit, vegetables, lean protein, and complex carbohydrates while monitoring portion sizes. What I notice in entrepreneurs it that they often get energized by figuring out answers to sticky problems that might paralyze others.

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Technical Review Fractional CTO CTO CTO Hire 48

The Next Web

SEPTEMBER 22, 2013

I think we erred in letting our traffic and operational concerns outstrip our business model, where simply maintaining what we had was preventing us from advancing our product.”. Stay lean for as long as possible. Be creative, and stay lean. Staying lean early on will help you when you need to scale.”.

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Steve Blank

APRIL 30, 2009

Reply Bill Allred , on May 1, 2009 at 10:46 am Said: This is a really common pitfall. Reply Niall Smart , on May 2, 2009 at 12:20 am Said: Great story – your point about snazzy design vs. actual impact is still relevant in the context of spending money on outsourced web graphic design.

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Steve Blank

JUNE 4, 2012

As the morning fog burns off the California coast, I am working with Steve Blank, preparing for the Lean LaunchPad Faculty Development Program we are running this August at U.C. The reality is that the United States is still a nation of small businesses. million) of the 15 million net new jobs created between 1993 and 2009.

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The Next Web

DECEMBER 4, 2013

As a startup, you’re working with limited resources and a lean business model. Back in 2009, Cloudera placed news of its Distribution for Hadoop launch in tech blogs and reputable news sources , and reached 1.5 Entrepreneur Social Media How-To''s' Prioritize social networks. Startup Example: Cloudera.

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Steve Blank

DECEMBER 7, 2010

We have two great teaching assistants , plus we’ve rounded up a team of 25 mentors (VC’s and entrepreneurs) to help coach the teams. Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.).

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ConversionXL

SEPTEMBER 6, 2013

I feel like “conversion rate optimization” is in 2013 what “social media marketing” was in 2009. Steve Blank, a serial entrepreneur in Silicon Valley, developed a methodology for creating businesses that runs in parallel with the traditional product development process. sustainable business.

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Hearpreneur

JANUARY 29, 2017

It doesn’t matter if it has been said before and repeated numerous times, quotes can give you the fire you need to be a better entrepreneur or learn how to handle a difficult situation. Below are some of those quotes sent in by entrepreneurs throughout the country. #1 Its capitalistic, with a splash of business spiritual.

Entrepreneur 48

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Startup Lessons Learned

AUGUST 8, 2009

Lessons Learned by Eric Ries Saturday, August 8, 2009 Introducing the Lean Startup Cohort subscription program Over the past few months, I have been engaged in another customer discovery exercise with passionate early adopters of the lean startup methodology. So if youre a lean startup earlyvangelist, read on. Great idea.

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www.startuplessonslearned.com

MAY 4, 2012

For example, most entrepreneurs know that the most successful entrepreneurs - from Bill Gates to Jeff Bezos - kept tight control over their companies. Having seen these dilemmas derail countless startups, I wish every entrepreneur and prospective founder would read this book." - Eric. But such a best-case approach is hazardous.

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Steve Blank

JUNE 5, 2009

You make several first order approximations about your business model, distribution channels, demand creation, and customer acceptance. Reply Jamie Stephens , on June 5, 2009 at 1:17 pm Said: Great article. One of the key tenets of entrepreneurship is that you start your company with insufficient resources and knowledge.

Silicon Valley 234

Silicon Valley RSS Vertical California 234

Steve Blank

SEPTEMBER 17, 2009

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development.

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Customer Development Developer Customer Silicon Valley 253

Steve Blank

NOVEMBER 19, 2009

Filed under: Ardent , Family/Career , Technology « Times Square Strategy Session – Web Startups and Customer Development Customer Development: Past, Present, Future » 17 Responses Mark Essel , on November 19, 2009 at 6:55 am Said: Haha, closure is well worth the effort when an entertaining tale can be shared!

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Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Entrepreneurs put together their funding presentation by extracting the key ideas from their business plan, putting them on PowerPoint/Keynote and pitching the company – until they get funded or exhausted.

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Customer Development Developer Customer Silicon Valley 267

Steve Blank

AUGUST 20, 2009

An existing market is one where competitors have a profitable business selling to customers who can name the market and can tell you about the features that matter to them. Entrepreneur -“Well no but my product is much better than their product and I have this great idea….” Me – “Have you used Company x’s product?

Silicon Valley 206

Silicon Valley Startup RSS Customer Development 206

Startup Lessons Learned

MAY 17, 2009

Lessons Learned by Eric Ries Sunday, May 17, 2009 Last chance to register for The Lean Startup at HP on May 21 This coming Thursday, May 21, is the last time Im currently scheduled to give the full Lean Startup presentation in the Bay Area. For entrepreneurs who have been on the path, it may be straight forward to get started.

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Startup Lessons Learned

MAY 31, 2019

He's been with the firm since its inception in 2009 and has overseen its rapid growth, from three employees to 150+ and from $300 million in assets under management to more than $10 billion. They’re looking for guidance on building the company, the ability to tap into a VC’s network, and help with potential business opportunities.

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Startup Lessons Learned

JUNE 21, 2010

But this cinematic view of entrepreneurs is flawed in many ways. Most businesses – large and small alike – are typically excluded by this context. But it is not a startup, because its success depends only on decent execution – so much so that this success can be modeled with high accuracy.

San Francisco 168

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Startup Lessons Learned

JULY 15, 2010

We have to continually invent new categories of products, new platforms, and new business models – all extremely risky bets. In other words, the old “manager vs. entrepreneur&# dichotomy is breaking down. I believe that t he Lean Startup is the first such comprehensive entrepreneurship theory.

IPO 166

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Steve Blank

JUNE 8, 2009

Innovation – Business Model? Waterfall, Agile, Lean? » 2 Responses Knowtu » links for 2009-06-09 , on June 9, 2009 at 6:04 pm Said: [.] Vertical Markets 4: Putting it All Together « Steve Blank (tags: startups business) [.] Others you need to know when you execute the plan. Technology?

Vertical 125

Vertical Silicon Valley RSS Marketing 125

Startup Lessons Learned

JULY 9, 2009

Lessons Learned by Eric Ries Thursday, July 9, 2009 10 years of entrepreneurship I recently passed my ten-year anniversary of becoming an entrepreneur. No business model, either. BusinessWeek named me one of the top young entrepreneurs in tech , based on my work at IMVU. July 9, 2009 7:32 AM Peter Kane said.

San Francisco 94

San Francisco Lean Continuous Deployment DC 94

Steve Blank

JUNE 22, 2009

Hewlett’s partner Dave Packard wanted to get into the computer business.) It was priced at $22,000 – equivalent to about $140,000 in 2009 dollars. For the first 25 years HP’s business model was static. Elephant Graveyard Reinvention of large companies, while making for great case studies are rare.

Silicon Valley 186

Silicon Valley RSS California Agile 186

Startup Lessons Learned

AUGUST 16, 2010

First, SlideShare is a fantastic product (that I use on a regular basis) and an impressive company example of Lean Startup practices in action. Second, their story illustrates a key Lean Startup idea: proving the business in micro-scale. That is the essence of proving the business in micro-scale. How are we doing?

San Francisco 167

San Francisco Lean Analytics Continuous Deployment 167

Steve Blank

MAY 18, 2009

In this admittedly very unscientific survey I’ve found that between a quarter and half of the students I consider “hard-core&# entrepreneurs/founders (working passionately to found a company,) self-identified as coming from a less than benign upbringing. I’ve been surprised at the data.

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Startup Lessons Learned

MARCH 13, 2009

Lessons Learned by Eric Ries Friday, March 13, 2009 Dont launch Heres a common question I get from startups, especially in the early stages: when should we launch? The problem is that customers dont read your business plan. You have to know your business model. March 13, 2009 1:50 PM dan simard said. Great article.

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Startup Lessons Learned

MAY 7, 2009

Lessons Learned by Eric Ries Thursday, May 7, 2009 Fear is the mind-killer Fear is an emotion that slows teams down. Initially, IMVU sought to quickly build a product that would prove out the soundness of their ideas and test the validity of their business model. link] May 11, 2009 9:04 PM Ian Wilson said. Great post.

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San Francisco Continuous Deployment Software Review Lean 131