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Containing Growth Chaos: Five Things To Do When Your Company Is On The Upswing

YoungUpstarts

We see balance sheets go from being in the red to finally creeping into the black and, if we’re fortunate enough, beyond our wildest dreams. Re-set the vendor and partner paradigm. This top-of-mind awareness and intentionality with our cash keep us agile and enable us to take on new opportunities. Hell or high water.

Cofounder 100
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ESADE Business School Commencement Speech

Steve Blank

Fifty years later another Harvard professor, Clayton Christensen, developed his theory of disruptive innovation, which actually described how creative destruction worked. The Amazon Kindle played on Amazon’s strengths as a distributor of content but required developing expertise in electronics and manufacturing.

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Mistakes Entrepreneurs Make on Day 1

Up and Running

New startups need to be agile and flexible. For example, have them explain the principles of the balance sheet or the difference and usefulness between accrual basis and cash basis accounting. Mistake #2: Choosing a business partner for comfort. Partner disputes can lead to an early exit. Be compliant.

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Reinventing the Board Meeting – Part 1 of 2

Steve Blank

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Investors get board seats to assure themselves and their limited partners that they are duly informed about their investment. There are none so blind as those who will not see.

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Eureka! A New Era for Scientists and Engineers

Steve Blank

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.

Engineer 280
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Why Board Meetings Suck – Part 1 of 2

Steve Blank

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Investors get board seats to assure themselves and their limited partners that they are duly informed about their investment. There are none so blind as those who will not see.

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The Evolution of Entrepreneurial Education and Corporate Innovation

Steve Blank

Lean LaunchPad class developed for Stanford. 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. And the Lean LaunchPad class I developed at Stanford was the first such class. Worth a read. Mission-Driven Entrepreneurship.

Incubator 331