Steve Blank

OCTOBER 15, 2019

What had previously been a strength – their great management processes – now holds back their ability to respond to new challenges. Once upon a time every great organization was a scrappy startup willing to take risks – new ideas, new methods, new customers, targets, and mission. However, their biggest obstacle is internal.

Government 320

Government Technical Review Acquisition Metrics 320

Steve Blank

JANUARY 30, 2013

Doing so meant they would have to take risks for IP acquisition and customer/market risks outside their experience or comfort zone. They could have helped us anticipate and solve organizational challenges and agree on how we planned to manage the risks. Developing a program to generate new ideas is the easy part.

Programming 270

Programming Technical Review Incubator Intellectual Property 270

Steve Blank

JUNE 12, 2020

Second, doing customer discovery via video actually increased the number of interviews the students were able to do each week. The eight teams spoke to over 945 beneficiaries, stakeholders, requirements writers, program managers, warfighters, legal, security, customers, etc. Our goal was to teach both theory and practice.

Oakland 313

Oakland Asia Lean Video 313

Steve Blank

AUGUST 29, 2016

We tend to associate the government with words like bureaucracy rather than lean innovation. Department of Defense by adopting Lean Methodology inside their agency. The NGA has adopted Lean Innovation methods to make this happen. Their goal is to integrate these techniques into their own Lean innovation processes.

Lean 182

Lean Silicon Valley Government Acquisition 182

Steve Blank

AUGUST 29, 2016

We tend to associate the government with words like bureaucracy rather than lean innovation. Department of Defense by adopting Lean Methodology inside their agency. The NGA has adopted Lean Innovation methods to make this happen. Their goal is to integrate these techniques into their own Lean innovation processes.

Lean 182

Lean Silicon Valley Government Acquisition 182

Both Sides of the Table

NOVEMBER 3, 2009

and the subsequent acquisition sprees of companies like Google, Yahoo!, The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. The COGS (costs of goods sold) tells me about how big your customer acquisition costs will be.

Business Plan 334

Business Plan AJAX Venture Capital Technical Review 334

Steve Blank

DECEMBER 7, 2010

This Stanford class will introduce management tools for entrepreneurs. We’ll build the class around the business model / customer development / agile development solution stack. Finally, you’ll see how agile development can help you rapidly iterate your product to build something customers will use and buy.

Wiki 316

Wiki Lean Management Business Model 316

Startup Lessons Learned

SEPTEMBER 22, 2008

is an elegant way to model any service-oriented business: Acquisition Activation Retention Referral Revenue We used a very similar scheme at IMVU, although we werent lucky enough to have started with this framework, and so had to derive a lot of it ourselves via trial and error. The Lean Startup Intensive is tomorrow at Web 2.0.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

Steve Blank

SEPTEMBER 14, 2009

Tech acquisitions went crazy at the same time the IPO market did. The Rise of Mergers and Acquisitions -– March 2003 -2008 After the dot.com bubble collapsed, the IPO market (and most tech M&A deals) shutdown for technology companies. And some companies didn’t even have to go public to get liquid. billion.) So what’s left?

Silicon Valley 235

Silicon Valley IPO Technical Review Venture Capital 235

Steve Blank

DECEMBER 2, 2013

We talk a lot about Customer Development, but there’s nothing like seeing it in action to understand its power. But the big payoff came when their discussions with medical device customers revealed an entirely new way to think about pricing —potentially tripling their revenue. the Customer Life Time (CLT)).

Customer 327

Customer Churn Rate Customer Development Lean 327

Steve Blank

JUNE 7, 2019

The eight teams spoke to over 820 beneficiaries, stakeholders, requirements writers, program managers, warfighters, legal, security, customers, etc. Followed by an 8-minute slide presentation follow their customer discovery journey over the 10-weeks. All the presentations are worth a watch. Team: Panacea.

Oakland 278

Oakland Lean SBIR Afghanistan 278

Startup Lessons Learned

OCTOBER 23, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference. Analytics spark more questions and discussion than almost any other aspect of the Lean Startup method. Alistair and Ben, co-authors of the book Lean Analytics, will help you sort it out in our next webcast, Lean Analytics for Non-tech Companies.

Analytics 167

Analytics Lean Widget Metrics 167

Startup Lessons Learned

AUGUST 2, 2008

Its the same with acquisitions. 0comments: Post a Comment Newer Post Home Subscribe to: Post Comments (Atom) Subscribe via email Blog Archive ► 2010 (48) ► October (3) Case Study: Rapid iteration with hardware The Lean Startup Bundle Stop lying on stage ► September (4) Good enough never is (or is it?) Expo SF (May.

San Francisco 125

San Francisco Software Review Technical Review Continuous Deployment 125

Steve Blank

APRIL 29, 2013

Todd Branchflower was one of my Lean LaunchPad students entrepreneurial enough to convince the Air Force send him to Stanford to get his graduate engineering degree. First, I got to meet the faculty in both electrical/computer engineering and management and share what I’ve learned about Lean and the Lean LaunchPad class.

Silicon Valley 263

Silicon Valley Colorado Lean Connecticut 263

Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Over its lifetime a Lean Startup may spend less money than a traditional startup.

Lean 260

Lean Silicon Valley Startup RSS 260

Steve Blank

NOVEMBER 11, 2014

Most companies incrementally improved their products with process innovation (better materials, cheaper, product line extensions) and/or through acquisitions. They had direct interaction with customers and controlled a sales channel which allowed them to negotiate their own deals with customers. We now know how to do this.

Channel 292

Channel Customer Development Distribution Restful 292

Startup Lessons Learned

APRIL 14, 2009

They are gaining valuable customer data. These founders have not managed, to borrow a phrase from Steve Blank , to create a scalable and repeatable sales process. For more on how this plays into the process of scaling up, see the Customer Creation stage of the customer development model.) They are closing orders.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Steve Blank

JANUARY 26, 2016

Join a select cross-disciplinary class that will put you hands-on with the masters of lean innovation to help bring rapid-fire innovative solutions to address threats to our national security. Targeting, assessments, technology, recipes, and tactics all flow at the speed of a Lean Startup. Army, Navy, Air Force, Marines, CIA, NSA.

Silicon Valley 120

Silicon Valley North Korea Agile Lean 120

Steve Blank

MARCH 11, 2015

And worse, even if someone does manage to start something new, our management structure has so many financial, legal and HR hurdles that every initiative needs to match our existing business financial metrics, processes and procedures. for new product development that emphasize immediate returns. Lessons Learned.

Widget 120

Widget Lean Business Model Metrics 120

Steve Blank

MARCH 31, 2015

BMNT , a new Silicon Valley company, is combining the Lean Methods it learned in combat with the technology expertise and speed of startups. One OSRD project – the Manhattan Project – the development of the atomic bomb – was so secret and important that it was spun off as a separate program. In peacetime the U.S. The Gulf Wars.

Silicon Valley 120

Silicon Valley Afghanistan Iraq Kuwait 120

Startup Lessons Learned

SEPTEMBER 2, 2008

In a subscription business, maybe your attrition starts matching your acquisition, balancing like magic. In an eyeballs business, you just cant seem to acquire or activate that next step-up of customers. Or your cost of customer acquisition just magically floats up to match your customer lifetime value.

San Francisco 60

San Francisco Continuous Deployment Lean DC 60

Steve Blank

APRIL 29, 2013

Todd Branchflower was one of my Lean LaunchPad students entrepreneurial enough to convince the Air Force send him to Stanford to get his graduate engineering degree. First, I got to meet the faculty in both electrical/computer engineering and management and share what I’ve learned about Lean and the Lean LaunchPad class.

Silicon Valley 155

Silicon Valley Colorado Lean Connecticut 155

Steve Blank

AUGUST 1, 2016

On September 7 th – 9 th we are holding our first Hacking for Defense & Diplomacy – class for Educators and Sponsors , training educators how to teach these classes in their universities and sponsors how to select problem sets and manage their teams. Sign up here. An Idea Whose Time Has Come. Result: Hell yes.

Silicon Valley 130

Silicon Valley Southern California San Diego Lean 130

Steve Blank

JUNE 3, 2016

That if we could get teams to rapidly discover the real problems in the field using Lean methods, and only then articulating the requirements to solve them, could defense acquisition programs operate at speed and urgency and deliver timely and needed solutions. Each of their slide presentation follow their customer discovery journey.

Agile 120

Agile Security Audio Video 120

Steve Blank

AUGUST 1, 2016

On September 7 th – 9 th we are holding our first Hacking for Defense & Diplomacy – class for Educators and Sponsors , training educators how to teach these classes in their universities and sponsors how to select problem sets and manage their teams. Sign up here. An Idea Whose Time Has Come. Result: Hell yes.

Silicon Valley 120

Silicon Valley Southern California San Diego Lean 120

Austin Startup

FEBRUARY 24, 2018

Much of the writing on startups focuses on two elements: finding product-market fit scaling the company once #1 is accomplished For product-market fit, we have a lot of source material to work with from the last decade: Steve Blank’s leadership on Customer Development , and Eric Ries’ on the Lean Startup ?—?along

Warrant 48

Warrant Bootstrapping Framework Hiring 48

David Teten

SEPTEMBER 6, 2015

Previously she was Co-Founder and CEO of SNAZZ, a cloud-based event management platform. We never seek any rights to give Amex preferential treatment at the time of a potential acquisition. Could they excel at customer development with enterprises? Mari has been a serial intrapreneur for a large part of her career.

Venture Capital 60

Venture Capital Balance Sheet Technical Review Portfolio 60

Steve Blank

MARCH 4, 2014

These groups are adapting or adopting the practices of startups and accelerators – disruption and innovation rather than direct competition, customer development versus more product features, agility and speed versus lowest cost. Product management tools like Stage-Gate ® emerged to systematically manage Waterfall product development.

IRR 335

IRR Startup Business Model Agile 335

VC Cafe

SEPTEMBER 10, 2010

The Four Steps to the Epiphany (highly recommended book by Steve Blank) preaches for customer development before product development, advocating a quick launch with a minimal feature set rather than a full fledged product offering. There is no second chance for a first impression. Bekko went far beyond that.

Lean 120

Lean Customer Development Audience Viral 120

Startup Lessons Learned

JUNE 21, 2010

To see proof of this, simply observe the results of the large majorities of corporate acquisitions of startups. I emphasize this point because it is necessary to motivate large amounts of the theory of the lean startup. To see proof of this, simply observe the results of the large majorities of corporate acquisitions of startups.

San Francisco 168

San Francisco Startup Lean Continuous Deployment 168

Startup Lessons Learned

OCTOBER 7, 2008

The App Store is a channel for customer acquisition. I think its helpful to think about two kinds of competition for distribution: acquisition competition and retention competition. Acqusition competition is how new apps get new customers. So what can you do? Then, if your retention is good enough, you can stay there.

San Francisco 68

San Francisco Lean Retention SEM 68

Startup Lessons Learned

JANUARY 10, 2011

I used to call them “executioners” because their attempts to “execute” the standard general management playbook in the startup context of extreme uncertainty usually led to disaster. They have the ultimate responsibility in a venture-backed company of deciding whether to fire the founders and bring in “professional management.”

Silicon Valley 167

Silicon Valley San Francisco Lean Investment Bankers 167

SoCal CTO

DECEMBER 1, 2010

So let’s be very specific: let’s assume your dream job is product manager at Google, working on the Analytics product. The 11 Harsh Realities Of Being An Entrepreneur - OnStartups , November 1, 2010 There's always talk about the end game in the form of an acquisition, funding announcement, or eventual flame out. By doing the job.

Technical Review 175

Technical Review Technology Product CTO Hire 175

ConversionXL

NOVEMBER 5, 2020

These days, many agencies start as a lean operation. Inversely, if you’re using the agency model to fund another startup or product, you should probably keep things lean. This approach takes a lot of work, so it’s worth taking a lean approach when starting. Why—or why not—pivot your agency service offering? Image source ).

PR 120

PR B2B Lean Audience 120

Steve Blank

NOVEMBER 25, 2013

A Lean Startup methodology offers entrepreneurs a framework to focus on what’s important: Business Model Discovery. Teams use the Lean Startup toolkit: the Business Model Canvas + Customer Development process + Agile Engineering. Over 10 weeks each team gets out and talks to 100 customers. Those days are over.

Oakland 329

Oakland Incubator Lean Metrics 329

viniciusvacanti.com

SEPTEMBER 7, 2010

You’re starting a new photo sharing site and you were the project manager for Facebook’s photo app; you’re starting a music label disruptor and you worked for a music label for the last five years. You know how to product manage and you’ve hired programmers before. Have Domain Expertise. Thanks for contributing.

Cofounder 43

Cofounder Technical Cofounder Founder Ruby 43

Startup Lessons Learned

DECEMBER 14, 2009

Each of these four currencies represents a way for a customer to “pay&# for services from a company. A great product enables customers, developers, partners, and even competitors to exchange their unique currencies in combinations that lead to financial success for the company that organizes them.

Customer 156

Customer San Francisco Viral Lean 156