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The Lean LaunchPad Class: It’s the same, but different

Steve Blank

We just finished the 8 th annual Lean LaunchPad class at Stanford. So in 2011, with support from the Stanford Technology Ventures Program (the entrepreneurship center in the Stanford Engineering School), we created a new capstone entrepreneurship class – the Lean LaunchPad. It’s the same, but different. I-Corps @ NIH ).

Lean 251
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Out of the Crisis #4: Carl Liebert, crisis veteran and radical optimist

Startup Lessons Learned

And I think how you think about that, whether you're a restaurant owner that didn't invest in curbside pickup, what can you do to, I'll call it, hack it or in an agile mindset, how do you think about bringing a way to be able to do curbside and do that well, and not just rely on the delivery folks to be able to support you? Let's go."

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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
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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 Companies are Not Startups

Steve Blank

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. It needs the tools and processes pioneered in Lean Startups. This is a big idea. What to Do?

IRR 335
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Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

Steve Blank

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.

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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. Read well-known books on strategy execution such as such as The Lean Startup, The 4 Disciplines of Execution, or Scaling Up.