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. Developing a program to generate new ideas is the easy part.

Programming 265

Programming Technical Review Incubator Intellectual Property 265

Steve Blank

JUNE 8, 2021

While all the teams used the Mission Model Canvas , (videos here ), Customer Development and Agile Engineering to build Minimal Viable Products, each of their journeys was unique. As we thought about how we could get students engaged, we realized the same Lean LaunchPad/I-Corps class would provide a framework to do so.

Lean 385

Lean Security Asia SBIR 385

Steve Blank

MAY 17, 2010

At best I think business plan competitions are a waste of time. But until now I haven’t been able to articulate a framework of why or had a concrete suggestion of what to replace them with. Business Plan Versus Business Models. Where did the idea that startups write business plans come from?

Business Plan 312

Business Plan Business Model Customer Development Deal Flow 312

Steve Blank

MARCH 3, 2015

Berkeley were heavily funded to develop Cold War weapon systems. Starting in the 1950’s, Stanford’s engineering department became “outward facing” and developed a culture of spinouts and active faculty support and participation in the first wave of Silicon Valley startups. The Lean LaunchPad was unlike any class I’d ever seen.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

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 Revenue models and forecasts are no longer valid.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

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 333

Lean Marketing Agile Customer Development 333

YoungUpstarts

APRIL 19, 2019

Management consulting firms, such as McKinsey, Boston Consulting Group, and Bain, exist to solve business problems. As Harvard professor Clayton Christensen recently observed, “Management consulting’s fundamental business model has not changed in more than 100 years. First, develop a well-specified statement of the problem.

Non-Compete 113

Non-Compete Vesting Boston Agile 113

TechEmpower

FEBRUARY 13, 2013

As software developers, we're technophiles, so we enjoy these cycles and quite often find humor listening to the energy spent arguing on either side of issues. It's a fun and funny business to be in. Not to downplay developer happiness. Our business model nudges us slightly toward the sound, safe (stodgy?)

Guinea 200

Guinea Application Development Ruby Web Development 200

Steve Blank

MAY 18, 2020

We’re holding a series of 5-day online classes at Stanford where teams will learn how to develop new business models for an economy that’s getting back to work and on the road to recovery. The Covid-19 virus has upended traditional ways of doing business, travel, education, entertainment, healthcare, etc.

Lean 436

Lean Business Model Affiliate Incubator 436

ReadWriteStart

JANUARY 13, 2024

Moreover, they must prioritize innovation and agility to differentiate themselves from many companies offering similar cybersecurity solutions. This competitive landscape has driven these emerging companies to push the boundaries of innovation and develop cutting-edge technologies that can address even the most sophisticated cyber-attacks.

Down Round 154

Down Round Marketing Artificial Inteligence Startup 154

Steve Blank

JUNE 26, 2015

Gore , I’ve found two corporate strategy tools developed by other smart people helpful in bridging Lean Startups with Corporate Innovation. However in practice most companies treated the Three Horizons like they are simply incremental execution of the same business model. Horizon 1 activities support existing business models.

Lean 120

Lean Management Business Model Incubator 120

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

Agile VC

OCTOBER 3, 2016

The way forward includes not only advanced vehicles themselves but also potentially shifts in road infrastructure, laws and regulations, and even business models for “mobility.” But the way forward will undoubtedly require meaningful changes to some combination of the following: Vehicle Development.

Technical Review 186

Technical Review Software Review Business Model Developer 186

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. Wondering how we could get students engaged, we realized the same Lean LaunchPad/I-Corps class would provide a framework to do so.

Oakland 301

Oakland Asia Lean Video 301

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 ? is known , you will be executing it.

Search 320

Search Business Model Customer Development Agile 320

Duct Tape Marketing

OCTOBER 5, 2023

Operating across varied industries, Fractional CMOs offer a fresh, tailored approach, helping businesses to be more agile, adaptive, and strategic in their planning Questions I ask Nicole Bernard [00:46] What exactly is a fractional CMO? 05:20] Could you shed some light on your business model? Yes, exactly.

Social Media 78

Social Media Software Review Hiring Framework 78

Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 The three drivers of growth for your business model. The AARRR model (hence pirates, get it?) He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

Women Entrepreneurs Can

MARCH 2, 2023

Instead of maintaining strict, serial boundaries for business growth, like the legacy waterfall method, we perform parallel efforts to shape a flexible strategy while we take action. Our business assumptions stem from our vision and become the hypotheses used in our experimentation test cases. So, What Exactly Is the Lean Method?

Lean 98

Lean South Korea Metrics Framework 98

Where to Play

MAY 28, 2019

Lean Methodology consists of three tools designed for entrepreneurs building new ventures: The Business Model Canvas – to write down all the hypotheses about a new business; Customer Development – a process for testing those hypotheses outside the building; Agile Engineering – to rapidly build minimal viable products to test product/market fit.

Lean 74

Lean Marketing Framework Business Model 74

Steve Blank

OCTOBER 26, 2013

It’s curriculum is built on a framework of business model design, customer development and agile engineering – and its emphasis on evidence, Lessons Learned versus demos, makes it the worlds most advanced accelerator.

Lean 262

Lean Washington Incubator Agile 262

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. Wondering how we could get students engaged, we realized the same Lean LaunchPad/I-Corps class would provide a framework to do so. Team: Panacea.

Oakland 266

Oakland Lean SBIR Afghanistan 266

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. for a business model. Victor Hugo.

Silicon Valley 281

Silicon Valley Business Model Early Stage Venture Capital 281

Startup Lessons Learned

APRIL 14, 2009

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) And what of the product development team? Go on an agile diet quickly.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Steve Blank

SEPTEMBER 14, 2017

This was a very large and established tech company; its engineering organization developed the core day-to-day capabilities of the organization. At least it succeeded in not distracting the developers. One of the quickest ways to sort innovation ideas is to use the McKinsey Three Horizons Model. What went wrong here?

Incubator 312

Incubator Curation Engineer Government 312

YoungUpstarts

OCTOBER 31, 2016

To maintain stability, you have to update your operating procedures, processes, and people as your organization develops. They constantly evaluate their systems, frameworks, and processes to determine whether they’re operating in the most effective manner for where they are now.

Los Angeles 100

Los Angeles Stealth San Francisco Cofounder 100

Altgate

SEPTEMBER 16, 2010

We tried to provide a framework for startups to think about what activities should be outsourced and why. For the vast majority of software startups, the actual code / development process is infrequently a competitive advantage; ergo, you ought to consider outsourcing. Engineering/QA. Advertising.

Software Review 65

Software Review Offshore Startup Boston 65

Up and Running

DECEMBER 6, 2012

Lean Planning is a set of tools for discovering a business model that works, building an action plan to test your assumptions, creating financial models and a plan for a viable business, and tracking your performance so you can adjust your plan on the fly, quickly and easily.

Lean 147

Lean Silicon Valley Forecast Technical Review 147

Ben's Blog

MAY 15, 2020

In normal times, every company operates against some hypothetical growth model—a data-driven framework that describes how your product grows and how you acquire new users. We begin by describing a typical a growth model and discuss how that fundamentally drives a company’s business strategy. I’m Lauren Murrow.

Founder 36

Founder Conversion Technical Review Cash Position 36

Steve Blank

NOVEMBER 4, 2021

Modern entrepreneurship began at the turn of the 21 st 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. 5 Growth Strategies to Transform Your Business.

Customer 420

Customer Marketing Lean Vertical 420

ConversionXL

JUNE 21, 2015

Use ResearchXL framework. The more agile you are, the bigger effect your optimization will have. develop testing culture. – you want to grow your business rather than just optimize your website. If you are a young company, take risks – don’t be scared to even change your business model a little.

Email 48

Email SEO Campaign Agile 48

Steve Blank

NOVEMBER 25, 2013

Teams can prove their competence and validate their ideas by showing investors evidence that there’s a repeatable and scalable business model. A Lean Startup methodology offers entrepreneurs a framework to focus on what’s important: Business Model Discovery. Here’s how.

Oakland 326

Oakland Incubator Lean Metrics 326

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. Team Agora. in one quarter.

Lean 279

Lean Business Model Agile Customer Development 279

Startup Lessons Learned

OCTOBER 6, 2008

Lessons Learned by Eric Ries Monday, October 6, 2008 When NOT to listen to your users; when NOT to rely on split-tests There are three legs to the lean startup concept: agile product development , low-cost (fast to market) platforms , and rapid-iteration customer development. What can you do about it?

San Francisco 128

San Francisco Lean Continuous Deployment Agile 128

Startup Lessons Learned

MARCH 13, 2009

Do some Customer Development instead. You have to know your business model. Most startups launch before theyve figured out what business theyre in. Hold yourself and your PR agency accountable for developing a high level of understanding of these questions ahead of time. Help you raise money. But dont be too sure.

San Francisco 168

San Francisco PR Lean Early Stage 168

Up and Running

DECEMBER 5, 2016

Here’s a quick history of how we developed Lean Planning. See Also: Business Planning Guide. Lean Planning started with Tim Berry’s 2008 book, “The Plan-As-You-Go Business Plan,” which was a new way for entrepreneurs to think about planning. At the time, we used Business Plan Pro and Basecamp for this.

Lean 60

Lean Silicon Valley Business Model Forecast 60

Where to Play

OCTOBER 26, 2017

Marc Gruber, helps business leaders to quickly identify, evaluate, and focus on the opportunities that offer the most value for their innovations, while keeping them agile enough to respond to unforeseen changes. Design Your Agile Focus Strategy. Agile Focus Dartboard. Implications of the Agile Focus Strategy.

Agile 90

Agile Marketing Switzerland Europe 90

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.

Lean 248

Lean Business Model Balance Sheet Video 248