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. Business-as-usual management techniques focused on efficiency and execution are no longer a credible response.

Technical Review 219

Technical Review Lean Venture Capital Customer Development 219

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. Technology in search of a market.

Lean 315

Lean Customer Development Business Model Sales Cycle 315

Startup Professionals Musings

MAY 29, 2019

A platform is a business model and capability that can be accessed and customized by external users. Amazon is famous for their Two-Pizza.Teams (no bigger than two pizzas will feed), allowing an entrepreneurial mindset more autonomy, agility, and accountability. Master the magic of small autonomous teams.

Artificial Inteligence 222

Artificial Inteligence Agile Technical Review Demand 222

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. Several will join the new Stanford Gordian Knot Center which is focused on the intersection of policy, operational concepts, and technology.

Lean 385

Lean Security Asia SBIR 385

Steve Blank

OCTOBER 24, 2016

Services (Cloud, ads, music) have a very different business model. Ballmer and Microsoft failed because the CEO was a world-class executor (a Harvard grad and world-class salesman) of an existing business model trying to manage in a world of increasing change and disruption. How to Miss the Boat – Five Times.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2016

Services (Cloud, ads, music) have a very different business model. Ballmer and Microsoft failed because the CEO was a world-class executor (a Harvard grad and world-class salesman) of an existing business model trying to manage in a world of increasing change and disruption. How to Miss the Boat – Five Times.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

MARCH 2, 2011

corporation – starting a new technology division bringing disruptive technology to market at General Electric. One of GE’s new divisions – GE’s Energy Storage – has been given the charter to bring an entirely new battery technology to market. He’s as good as any startup CEO in Silicon Valley. So why this post?

Silicon Valley 222

Silicon Valley Agile Customer Development Early Stage 222

Steve Blank

DECEMBER 20, 2011

19 of the 21 teams are moving forward in commercializing their technology. We taught them the business model / customer development / agile development solution stack. First, we brought all 21 teams to Stanford for 3-days of 10 hour-a-day classes in business model design and customer development.

Incubator 301

Incubator Government Silicon Valley Lean 301

ReadWriteStart

APRIL 8, 2023

It becomes even more interesting in the world of emerging technologies and the IoT. As for AI, businesses could optimize the processes of various departments, whether inventory, marketing, or customer relations. These new technologies will become an integral part of most e-shops.

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

Steve Blank

NOVEMBER 15, 2010

In previous posts I’ve talked about what the combination of Business Model Design, Customer Development and Agile Methodologies mean to startups and intrapreneurs in large companies; it’s the beginning of entrepreneurship as a science with its own rules and methodologies. Teaching In the Big Apple.

Customer Development 270

Customer Development Business Model Developer Design 270

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

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. Venture Fest was not integral to their success.

Programming 265

Programming Technical Review Incubator Intellectual Property 265

Steve Blank

JUNE 3, 2010

They start with an innovation, search for a repeatable business model, build the infrastructure for a company, then grow by efficiently executing the model. Over time, innovations outside the company (demographic, cultural, new technologies, etc.) outpace an existing company’s business model.

Search 242

Search Agile Customer Development Technical Review 242

Steve Blank

DECEMBER 13, 2010

I’ve spent the last week in Santiago, a guest of Professor Cristóbal García at the Catholic University of Chile as part of Stanford’s Engineering Technology Venture Program. Teaching in Chile. Valaparaiso houses. Entrepreneurship and innovation in what I call “Chilecon Valley” is being talked about continually here.

Chile 235

Chile Silicon Valley Lean Agile 235

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. Startups are in fact only temporary organizations, organized to search –not execute–for a scalable and repeatable business model.

Lean 298

Lean Business Model Customer Development Guinea 298

YoungUpstarts

APRIL 4, 2017

As business models rotate toward subscription services, if technical developments don’t keep pace, a crucial piece of the puzzle will be missing. Let’s forget for a moment how software is billed and take a look at another essential aspect: the value software offers both IT and business users.

Business Model 129

Business Model Asia SQL Cloud 129

Steve Blank

FEBRUARY 16, 2012

Alexander Osterwalder and I spent last week in Salt Lake City, Utah as judges at the 2 nd Annual International Business Model Competition , hosted by Professor Nathan Furr , and his team at the BYU Center for Entrepreneurship. The Business Plan ?- Business Plan vs. Business Model + Customer Development.

Business Model 263

Business Model Customer Development Utah Lean 263

The Startup Magazine

FEBRUARY 14, 2024

The rise of the internet, advancements in digital technology, and the growth of social media platforms have fundamentally transformed the way businesses function and engage with their customers. This article aims to provide essential tips that will help budding entrepreneurs navigate the complex yet exciting world of business.

Entrepreneur 88

Entrepreneur Social Media Agile Security 88

Startup Professionals Musings

MARCH 7, 2016

Many other companies have followed a similar set of execution principles which I believe are required for business success, no matter how great the idea: Tune the business model to optimize value for all constituents. Continuous improvement applies to the business model as well as the product.

Technical Review 120

Technical Review Architecture Agile Business Model 120

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. out there for commercializing your technology or unique abilities?

Lean 333

Lean Marketing Agile Customer Development 333

Steve Blank

JUNE 25, 2009

Twenty eight years ago I was the bright, young, eager product marketing manager called out to the field to support sales by explaining the technical details of Convergent Technologies products to potential customers. Convergent Technologies was one of those OEM suppliers. Their engineers hated us.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

TechEmpower

FEBRUARY 13, 2013

To our delight, technology has evolved and improved in many ways over that time. Technology evolution can be cyclical, with some branches looping back to the past with surprising vigor and without much self-awareness. Through our fifteen years, we've been charged with helping clients get business done with technology.

Guinea 200

Guinea Application Development Ruby Web Development 200

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. Berkeley peers got in Steve’s class.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

Steve Blank

APRIL 10, 2009

That’s why startups are agile. Startups that are agile have mastered one other trick – and that’s Tempo – the ability to make quick decisions consistently over extended periods of time. Reply Why Startups are Agile and Opportunistic -- Pivoting the Business Model , on April 14, 2010 at 6:32 am Said: [.]

Silicon Valley 300

Silicon Valley RSS Startup Agile 300

ReadWriteStart

JULY 3, 2019

Most startups are attracted to the fully remote model because of one or a combination of the following benefits: Cost savings. Fully remote models are possible thanks to fantastic advancements in technology, but what happens when those technological tools aren’t working ? First and foremost, offices are expensive.

Startup 125

Startup Reputation United States Business Model 125

Hearpreneur

SEPTEMBER 22, 2021

Tesla Tesla invented a successful business model for bringing compelling electric cars to the market. Their focus on technology is also a key role in their innovation. Tesla’s technology is not only used by Tesla, it is also used by other car manufacturers like Toyota, Daimler, and Mercedes-Benz.

Technical Review 120

Technical Review Entrepreneur Software Review SEO 120

Startup Professionals Musings

JULY 20, 2022

Look outside your industry for new technologies and models. Entrepreneurs are always looking for breakthroughs and business models in other industries that can be adapted to a new one. You may recall the Chevy Nova , where Latino countries quickly picked up on the name, ‘no va’ meaning ‘does not go’ in Spanish.

Silicon Valley 367

Silicon Valley Artificial Inteligence Global Agile 367

YoungUpstarts

MAY 1, 2018

Most of their business models wouldn’t be possible without it. The IT guys know what technology can do. Now a quick link with internet-related startups: companies who grow unbelievable percentages every year in the entire world. The biggest part of them has the cloud in common. The other areas don’t.

Cloud 109

Cloud Software Developers Software Development Hosting 109

ReadWriteStart

JUNE 8, 2021

But with efficient employees, your costs decrease, customer loyalty increases, and your business model will have a much better chance of success. Technology evolves rapidly, and you need to be in an agile enough position that you can update your systems on the fly in response to new trends and new available devices and programs.

Employee 127

Employee Product Startup Software Review 127

Small Business Force

SEPTEMBER 27, 2012

One of the chief benefits of being a small business is the agility that being small enables. Smart entrepreneurs have learned to quickly "pivot" (total change of direction) when a strategy, or even a whole business model is not working. The term agility is most often used in describing an athlete.

Agile 36

Agile Entrepreneur Technical Review Business Model 36

YoungUpstarts

OCTOBER 20, 2017

by Amanda Setili, author of “ Fearless Growth: The New Rules to Stay Competitive, Foster Innovation, and Dominate Your Markets “ Growth has always been fundamental to business success, but it’s never been more critical than it is now. Problem is, the same forces that make growth imperative also make it incredibly daunting.

Technical Review 127

Technical Review Malaysia Agile Employee 127

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

The first, the notion of the “ ambidextrous organization ” from O’Reilly and Tushman , posits that companies that want to do continuous innovation need to execute their core business model while innovating in parallel. Horizon 1 activities support existing business models. Horizon 1 is the company’s core business.

Lean 120

Lean Management Business Model Incubator 120

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

The Startup Magazine

FEBRUARY 5, 2024

Arora and Velez’s story encapsulates the ideals of modern MBA education: developing leaders capable of not only navigating market complexities but also infusing ecological sustainability into their business models. MBA graduates driving sustainable change are inspiring.

Global 122

Global Programming Non-Compete Agile 122

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. Sign up at [link].

Lean 436

Lean Business Model Affiliate Incubator 436

Steve Blank

MARCH 31, 2014

The first will be commodity businesses that are valued for their ability to execute their current business model. The second class will be firms with a demonstrated ability to continually innovate and reinvent their business models. These innovations do not require change in a company’s existing business model.

Private Equity 325

Private Equity Metrics China Business Model 325