Steve Blank

OCTOBER 15, 2019

If they were a commercial company, they figured out product/market fit; or if a government organization, it focused on solution/mission fit. HR processes, legal processes, financial processes, acquisition and contracting processes, security processes, product development and management processes, and types of organizational forms etc.

Government 319

Government Technical Review Acquisition Metrics 319

Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

MAY 6, 2015

I am always surprised when critics complain that the Lean Startup’s Build, Measure, Learn approach is nothing more than “throwing incomplete products out of the building to see if they work.”. Back then, an entrepreneur used a serial product development process that proceeded step-by-step with little if any customer feedback.

Lean 120

Lean Agile Business Model Customer Development 120

Steve Blank

APRIL 16, 2013

For decades this revered business magazine described management techniques that were developed in and were for large corporations – offering more efficient and creative ways to execute existing business models. The Four Steps drew the distinction that “startups are not smaller versions of large companies.” Then go do it.

Technical Review 221

Technical Review Lean Venture Capital Customer Development 221

Steve Blank

SEPTEMBER 1, 2021

Try innovating inside a large company where 99% of the company is executing the current business model, while you’re trying to figure out and build what comes next. Do they have better sales, marketing, or product development groups? You think startups are hard? The short answer is no.

Incubator 414

Incubator Lean Agile Business Model 414

Steve Blank

SEPTEMBER 5, 2013

Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model. We thought this would be perfect for our product. Here’s how that happened.

Lean 319

Lean Customer Development Sales Cycle Business Model 319

Steve Blank

JUNE 26, 2014

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses.

Intellectual Property 286

Intellectual Property Lean IP Open Source 286

Steve Blank

JULY 13, 2021

Founders of startups (and new ventures inside existing companies) are searching for product/market fit and a repeatable and scalable business model. Consequently the methodologies for launching products in startups were different than for existing companies. Searching, unlike execution, is not a predictable pattern.

Lean 436

Lean Agile Business Model Business Plan 436

Steve Blank

OCTOBER 30, 2012

The class teaches founders how to dramatically reduce their failure rate through the combination of business model design, customer development and agile development using the Startup Owners Manual. And Udacity has put their awesome production resources behind the class and hosts the Lean LaunchPad online lectures.

Startup 335

Startup Lean Incubator Business Model 335

Steve Blank

OCTOBER 24, 2016

Services (Cloud, ads, music) have a very different business model. They are hard to do in a company that excels at products. Microsoft executed its 20 th -century business model extremely well, but it missed the new and more important ones. What’s Missing? They remain entrepreneurs.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2016

Services (Cloud, ads, music) have a very different business model. They are hard to do in a company that excels at products. Microsoft executed its 20 th -century business model extremely well, but it missed the new and more important ones. What’s Missing? They remain entrepreneurs. .

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

JANUARY 30, 2013

Entrenched Innovation Model Issues : Qualcomm’s existing innovation model – wireless products were created in the R&D lab and then handed over to existing business units for commercialization – was wildly successful in the existing wireless and mobile space. Part 1 outlining the program is here. Read it first.

Programming 269

Programming Technical Review Incubator Intellectual Property 269

Steve Blank

MAY 9, 2017

And to today, when its major product is simply innovation. When the product and channel are bits, adoption by 10’s and 100’s of millions and even billions of users can happen in years versus decades. The second thing that’s changed is that we’re now Compressing the Product Development Cycle.

Restful 238

Restful Silicon Valley Puerto Rico San Jose 238

Steve Blank

MARCH 8, 2011

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. We were positing that 20 years of teaching “how to write a business plan” might be obsolete. to get hard-earned information.

Lean 303

Lean Business Model Customer Development Guinea 303

ReadWriteStart

APRIL 8, 2023

In contrast, it left several e-trends: augmented reality, zero coding, the marketplace boom, and product subscriptions are just a few of them. With the help of voice assistants, such as Siri and Alexa, you can purchase the product just by saying it while running errands. We will deliver product x every three months with free shipping.”

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

Steve Blank

SEPTEMBER 14, 2017

They accomplished their goal, but at a huge, unanticipated cost: the processes and committees they designed ended up strangling innovation. An existing company or government organization is primarily organized for day-to-day execution of its current business processes or mission. There’s a much better way. As the head of the U.S.

Incubator 316

Incubator Curation Engineer Government 316

Steve Blank

NOVEMBER 24, 2010

Silicon Valley has amused us, connected (and separated us) as never before, made businesses more efficient and led to the wholesale transformation of entire industries (bookstores, video rentals, newspapers, etc.). Compressing the Product Development Cycle. Today startups have begun to build products differently.

Silicon Valley 335

Silicon Valley United States Venture Capital Software Review 335

Steve Blank

DECEMBER 20, 2011

We taught them the business model / customer development / agile development solution stack. This methodology forces rapid hypothesis testing and Customer Development by getting out of the building while building the product. After returning to their schools, they got out of their labs while they built their products.

Incubator 306

Incubator Government Silicon Valley Lean 306

Steve Blank

MAY 17, 2010

Business Plan Versus Business Models. Where did the idea that startups write business plans come from? A business plan is the execution document that large companies write when planning product-line extensions where customer, market and product features are known. initial business model hypotheses).

Business Plan 316

Business Plan Business Model Customer Development Deal Flow 316

SoCal CTO

DECEMBER 1, 2010

I continue to collect great content that is the intersection of startups, products, online and technology. So let’s be very specific: let’s assume your dream job is product manager at Google, working on the Analytics product. love to find great products and services made by entrepreneurs who are trying to change the world.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Steve Blank

MAY 7, 2019

Modern entrepreneurship began at the turn of this century with the observation that startups aren’t smaller versions of large companies – large companies at their core execute known business models, while startups search for scalable business models. This new framework can act as the front-end of Customer Development.

Lean 334

Lean Marketing Agile Customer Development 334

Steve Blank

JULY 25, 2023

In contrast, designing AI-driven enterprise software or building dating apps are comparatively simple problems.) (Understanding and solving homelessness, disinformation, climate change mitigation or an insurgency are examples of wicked problems. Co mpanies also face Wicked problems.

Lean 295

Lean Chile Ukraine Spain 295

ReadWriteStart

JULY 3, 2019

Startups are starting to launch without a central headquarters, or any designated office building, in an attempt to create “fully remote” businesses. To conventional businesses, the notion seems absurd; they rely on in-house collaboration and the reputational allure of a headquarters. Productivity. Commute elimination.

Startup 125

Startup Reputation United States Business Model 125

Steve Blank

NOVEMBER 13, 2018

During the first year of the company’s life, I was a fireball – relentless in creating and pursuing opportunities – getting on an airplane at the drop of a hat to fly anywhere, anytime, to get a design win. I worked with engineering to try to find product/market fit ( big endian or little endian ?) Loss of Certainty?

Part-Time VPE 334

Part-Time VPE Employee Cofounder Hiring 334

Steve Blank

JUNE 23, 2020

The pandemic has upended the business models of most startups and existing companies. Suppliers are going out of business or requiring cash-up-front terms. Revenue models and forecasts are no longer valid. In sum, whatever business model you had at the beginning of the year may be obsolete. Here’s how.

Customer 436

Customer Marketing Customer Development Lean 436

Startup Lessons Learned

DECEMBER 14, 2017

LESSON #1: Equip your business with a portfolio map and a 21st century org chart. With industries from banking to transportation being transformed and, in some instances, undermined by new business models and technology, executives are smart to wonder, “Are we next?” Ask “what are the trends that are impacting our business?

Lean 245

Lean Startup CTO Hire Cofounder 245

The Startup Magazine

FEBRUARY 14, 2024

This article aims to provide essential tips that will help budding entrepreneurs navigate the complex yet exciting world of business. From embracing technology to building a strong online presence, these tips are designed to guide you on your journey to becoming a successful entrepreneur in today’s digital world.

Entrepreneur 88

Entrepreneur Social Media Agile Security 88

Steve Blank

MARCH 3, 2015

The disadvantage is that its methodology was based on the old waterfall model of product development and not the agile and lean methods that startups use today. It taught lean theory ( business model design , customer development and agile engineering) and practice. The Business Plan is Dead.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

Hearpreneur

SEPTEMBER 22, 2021

Tesla Tesla invented a successful business model for bringing compelling electric cars to the market. Teams under Tesla wanted to make an “electric car” without compromises, which is why the Tesla Roadster is designed to beat a gasoline sports car like a Porsche or Ferrari in a head-to-head showdown. Photo Credit: Dr. Michael K.

Technical Review 122

Technical Review Entrepreneur Software Review SEO 122

YoungUpstarts

SEPTEMBER 3, 2018

Designing the User interface. After successfully passing this stage, you then move on to determining the originality and genuineness of your product. So after successful sketching and drawing, you sit down with your stakeholders and gather their thoughts and opinion to further polish out your product. Sketching and Drawing.

Mobile 113

Mobile Developer Social Media Later Stage 113

Steve Blank

MARCH 31, 2014

In spite of this, private equity funds have used the rallying cry of efficiency to hijack corporate strategy and loot the profits that historically would have been reinvested into research and development and new products. The first will be commodity businesses that are valued for their ability to execute their current business model.

Private Equity 328

Private Equity Metrics China Intellectual Property 328

Steve Blank

MARCH 11, 2016

To be honest I built the class out of frustration watching schools teach aspiring entrepreneurs that all they need to know is how to write a business plan or how to sit in an incubator building a product. using the business model canvas as the framework. in order to validate/invalidate their business model hypotheses.

Lean 120

Lean Incubator Business Model Channel 120

crowdSPRING Blog

APRIL 13, 2010

These posts and videos are about design, startups, entrepreneurship, small business, leadership, social media, marketing, and more! 5 Photoshop & CSS Tricks for Killer Web Designs – [link]. The Dying Art Of Design – [link]. 30+ Excellent Photoshop Web layout Design Tutorials – [link].

Social Media 95

Social Media Small Business Design Media 95

crowdSPRING Blog

APRIL 13, 2010

These posts and videos are about design, startups, entrepreneurship, small business, leadership, social media, marketing, and more! 5 Photoshop & CSS Tricks for Killer Web Designs – [link]. The Dying Art Of Design – [link]. 30+ Excellent Photoshop Web layout Design Tutorials – [link].

Social Media 95

Social Media Small Business Design Media 95

Board Effect

DECEMBER 23, 2022

Your nonprofit can also use a workforce planning model to anticipate workforce changes and respond to them. Moreover, a flexible workforce will enable your staff to be more agile and responsive when change needs to occur quickly. Crafting the Right Workforce Planning Model. Simple Workforce Planning Design .

Software Review 52

Software Review Technical Review Retention Employee 52

Steve Blank

AUGUST 25, 2015

He’s working to get his agency to adopt Lean and the Horizon 1, 2, and 3 innovation language (Horizon 1 executes current business models, Horizon 2 extends current business models and Horizon 3 searches for new business models ) and was now building a Lean innovation pipeline created out of my I-Corps/Lean LaunchPad classes.

Lean 120

Lean Entrepreneur Business Model Silicon Valley 120

Steve Blank

APRIL 10, 2009

An example of a reversible decision could be adding a product feature, a new algorithm in the code, targeting a specific set of customers, etc. An irreversible decision is firing an employee, launching your product, a five-year lease for an expensive new building, etc. That’s why startups are agile. Blog at WordPress.com.

Silicon Valley 305

Silicon Valley RSS Startup Agile 305