Up and Running

FEBRUARY 28, 2011

Tweet What’s a business model? How does it relate to a business plan? Or, better yet, business planning? Your business planning makes your business model happen. And your business plan is a regular step in your business planning. They synchronize.

Business Plan 94

Business Plan Business Model Agile Software 94

Steve Blank

JUNE 12, 2020

All the teams used the Mission Model Canvas , (videos here ) Customer Development and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique. I observed that teaching case studies and/or how to write a business plan as a capstone entrepreneurship class didn’t match the hands-on chaos of a startup.

Oakland 301

Oakland Asia Lean Video 301

Steve Blank

FEBRUARY 23, 2016

As we prepared for the new Hacking for Defense class at Stanford, we had to stop and ask ourselves: How do we use the Business Model Canvas if the primary goal is not to earn money, but to fulfill a mission? In other words, how can we adapt the Business Model Canvas when the metrics of success for an organization is not revenue?

Business Model 120

Business Model Revenue Channel Community 120

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. Every large company, whether it can articulate it or not, is executing a proven business model (s).

IRR 335

IRR Startup Business Model Agile 335

Steve Blank

MARCH 5, 2012

One of the confusing things to entrepreneurs, investors and educators is the relationship between customer development and business model design and business planning and execution. When does a new venture focus on customer development and business models ? Here’s an attempt to put this all in context.

Search 320

Search Business Model Customer Development Agile 320

Steve Blank

MAY 23, 2016

Established businesses execute business models while startups search for them. Shortly after that, I met Pete Newell , the retired head of the Army’s Rapid Equipping Force – one of the best Lean and agile organizations in the military – and I met Joe Felter an ex Special Forces Colonel.

Lean 221

Lean Technical Review Vietnam Engineer 221

Steve Blank

DECEMBER 7, 2010

Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.). In contrast, startups search for a business model. (Or to optimize this search. to optimize this search.

Wiki 311

Wiki Lean Management Business Model 311

Steve Blank

JUNE 7, 2019

All the teams used the Mission Model Canvas , Customer Development and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique. I observed that teaching case studies and/or how to write a business plan as a capstone entrepreneurship class didn’t match the hands-on chaos of a startup.

Oakland 266

Oakland Lean SBIR Afghanistan 266

Steve Blank

MARCH 18, 2011

The Business Plan (Concept- Alpha-Beta - FCS ) became the playbook for startups. There was no repeatable methodology, startups and their VC’s still operated like startups were simply a smaller version of a large company. That requires building a company using Agile and Customer Development. Tools in the New Bubble.

Internet 334

Internet IPO Silicon Valley Agile 334

Steve Blank

MAY 29, 2019

Steve Blank: When I first starting teaching, the capstone entrepreneurship class was how to write a business plan. But years ago, we had no alternative – how to write a business plan was it. My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.”

Incubator 331

Incubator Lean Programming Government 331

Steve Blank

JUNE 2, 2011

A revolution has taken hold as customer development and agile engineering reinvent the Startup process. Reinventing the board meeting may allow venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Founders operate in a chaotic regime. Victor Hugo.

Silicon Valley 281

Silicon Valley Business Model Early Stage Venture Capital 281

Steve Blank

JULY 25, 2011

Yet when venture capital got involved they brought all the processes to administer existing companies they learned in business school – how to write a business plan, accounting, organizational behavior, managerial skills, marketing, operations, etc. Large companies execute known business models.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

Steve Blank

JANUARY 10, 2011

The VP of an operating division had run into trouble in product development; the product was late and getting later. The revenue plan had the new product baked into the numbers and it was clear that this division General Manager was going to crater his forecast (happens all the time, nothing new here.) Lie to My Face. Lessons Learned.

Forecast 264

Forecast Agile Revenue Founder 264

Steve Blank

OCTOBER 24, 2017

A CEO brought in from a large company came with all the big company accoutrements – org charts, HR departments with formal processes and procedure handbooks, formal waterfall engineering methodology, sales compensation plans, etc. — all great things when you are executing and scaling a known business model. Board Control.

Founder 245

Founder Technical Review CTO Hire IPO 245

Up and Running

DECEMBER 6, 2012

Today, I want to introduce you to a new concept for starting and growing successful companies: Lean Planning™. It starts with “Plan-As-You-Go” instead of detailed, formal business plans. Build an action plan: How are you going to validate your assumptions and measure progress?

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Lean Silicon Valley Forecast Technical Review 147

Hearpreneur

JANUARY 5, 2022

They operate on the premise that if you don't get results, you won't get results. I’ve been planning for years to “Go Green,” and, finally, I’m implementing it. I’ve devised a sustainable business model where we will contribute to the ecological welfare of our environment. 14- Adapt operations.

Entrepreneur 107

Entrepreneur Affiliate Green Cloud 107

YoungUpstarts

SEPTEMBER 3, 2018

Then, you draft your business model and plan. First you draft an executive summary of your business plan. Then you write down a brief about your company and business model. You then draw the hierarchy of your operational and managerial roles. Now you design a sales and marketing strategy.

Mobile 113

Mobile Developer Social Media Later Stage 113

Steve Blank

MAY 10, 2011

What really matters are the business model canvas diagrams in the body and appendix of each presentation. By comparing the changes the teams made week-to-week-week in their business model canvas diagrams, you’ll see the dynamics of entrepreneurship, as they iterate and Pivot over time. Why Did We Teach This Class?

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Lean Business Model Agile Customer Development 279

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

MAY 18, 2009

We agreed that all her founding CEOs seemed to have the same set of personality traits – tenacious, passionate, relentless, resilient, agile, and comfortable operating in chaos. It’s why all of you operated so well in the unpredictable environment that all startups face.”

Founder 297

Founder Silicon Valley RSS China 297

Steve Blank

MARCH 26, 2019

It’s hard to imagine, but only a decade ago, the capstone entrepreneurship class in most universities was how to write – or pitch- a business plan. In my experience, I saw that most business plans don’t survive first contact with customers. Product/Market Fit Versus The Business Model Canvas.

Lean 248

Lean Business Model Balance Sheet Video 248

Steve Blank

SEPTEMBER 6, 2012

I wondered if business plans and 5-year forecasts were the right way to plan a startup. Experienced entrepreneurs kept finding that no business plan survived first contact with customers. We were putting the plan before the planning. So what would a search process for a business model look like?

Lean 317

Lean Georgia Michigan Business Model 317

Steve Blank

FEBRUARY 7, 2013

The class was designed to teach educators (and the adjunct entrepreneurs that support them) the Lean LaunchPad approach (Business Model Design, Customer Development and Agile Engineering) for teaching entrepreneurship. Starting a business is a hands-on endeavor, and I am thrilled when my students take action and execute.

Delaware 297

Delaware Lean Entrepreneur Advisory Board 297

Steve Blank

FEBRUARY 7, 2013

The class was designed to teach educators (and the adjunct entrepreneurs that support them) the Lean LaunchPad approach (Business Model Design, Customer Development and Agile Engineering) for teaching entrepreneurship. Starting a business is a hands-on endeavor, and I am thrilled when my students take action and execute.

Delaware 189

Delaware Lean Entrepreneur Advisory Board 189

Steve Blank

MAY 9, 2017

To continually innovate, companies need to operate at startup speed and cycle time much longer their 20 th century counterparts did. Continuous innovation requires the imagination and courage to challenge the initial hypotheses of your current business model (channel, cost, customers, products, supply chain, etc.) The founders.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

www.vccafe.com

MARCH 11, 2013

Agile project management tool that enables real time collaboration. Agile project management. agile product management. agile product management and Scrum tool. Agile project management tool collaborative product life-cycle. Automates Agile / Scrum development. Agile eLearning. Pivotal Tracker â??

Software Review 53

Software Review Technical Review Startup 53