Steve Blank
MARCH 31, 2014
Cheered on by finance professors, Wall Street analysts, investors and hedge funds, companies have learned how to make metrics like Internal Rate of Return look great by one; outsourcing everything, two, getting assets off their balance sheet, and three only investing in things that pay off fast. Act Like a Startup.
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. For most companies it feels like innovation can only happen by exception and heroic efforts, not by design.
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Steve Blank
JUNE 23, 2016
It’s a lot easier to get these numbers to look great by outsourcing everything, getting assets off the balance sheet and only investing in things that pay off fast. Their size lets them adopt flatter and more agile organizational structures while providing incentives that reward risk-taking and collaboration.
Steve Blank
JULY 28, 2011
From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory – income statements, balance sheets, business plans, revenue models, 5-year forecasts, etc. And they’ll do this using the business model / customer development / agile development solution stack.
Steve Blank
MAY 29, 2019
Other classes were on how to prep for VC pitches or develop the five year income statements, balance sheets and cash flows or read case studies. My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.”
ReadWriteStart
AUGUST 1, 2011
From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory - income statements, balance sheets, business plans, revenue models - seems like another planet. And they'll do this using the business model-customer development-agile development solution stack.
Steve Blank
MARCH 26, 2019
The class was unique in that it was 1) team-based, 2) experiential, 3) lean-driven (hypothesis testing/business model/customer development/agile engineering). When we started this class, the concept of Lean (business models, customer development, agile, pivots, mvp’s) was new to everyone. Class Velocity/Depth.
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