Steve Blank

APRIL 16, 2013

In my 21 years as an entrepreneur, I would come up for air once a month to religiously read the Harvard Business Review. It was not only my secret weapon in thinking about new startup strategies, it also gave me a view of the management issues my customers were dealing with. I learned about Michael Porter s’s five forces.

Technical Review 327

Technical Review Lean Venture Capital Customer Development 327

Women Entrepreneurs Can

APRIL 16, 2024

We will also explore the benefits such as enhanced transparency and accuracy, the adaptability provided to businesses of all sizes, and the positive impact on customer satisfaction. This clarity not only meets but often surpasses customer expectations, promoting a feeling of trust and dependability.

Agile 52

Agile Technical Review Global Operations 52

Startup Professionals Musings

MAY 29, 2019

A platform is a business model and capability that can be accessed and customized by external users. Create and practice an obsession over customers. Make sure everyone knows it’s their job to maintain empathy and exceed customer expectations. Institute deep metrics measuring all aspects of the customer experience.

Artificial Inteligence 222

Artificial Inteligence Agile Technical Review Demand 222

Steve Blank

AUGUST 31, 2009

The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.) Where Are the Customers? Product Development Diagram 1.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

APRIL 16, 2013

In my 21 years as an entrepreneur, I would come up for air once a month to religiously read the Harvard Business Review. It was not only my secret weapon in thinking about new startup strategies, it also gave me a view of the management issues my customers were dealing with. I learned about Michael Porter s’s five forces.

Technical Review 219

Technical Review Lean Venture Capital Customer Development 219

Steve Blank

SEPTEMBER 5, 2018

A version of this article first appeared in the Harvard Business Review. Given the stock market was buying “the story and vision” of anything internet, inflated expectations were more important than traditional metrics like customers, growth, revenue, or heaven forbid, profits. ” Fire, Ready, Aim.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

JANUARY 27, 2011

This startup search process is the business model / customer development / agile development solution stack. When founders discover their assumptions are wrong, as they inevitably will, the result isn’t a crisis , it’s a learning event called a pivot — and an opportunity to update the business model.

Business Model 275

Business Model Utah Intellectual Property Agile 275

Steve Blank

MAY 6, 2015

Build a product, get it into the real world, measure customers’ reactions and behaviors, learn from this, and use what you’ve learned to build something better. Repeat, learning whether to iterate, pivot or restart until you have something that customers love. Build, Measure, Learn sounds pretty simple. Waterfall Development.

Lean 120

Lean Agile Business Model Customer Development 120

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 281

Intellectual Property Lean IP Open Source 281

Steve Blank

JULY 13, 2021

By the end of the 20th century, case studies and business plans had reached an evolutionary dead-end for entrepreneurs. The Rise of Business Schools – Management as an Occupation. The business school was invented in the first decade of the 20th century in response to a massive economic transformation in the U.S.

Lean 433

Lean Agile Business Model Business Plan 433

The Equity Kicker

MAY 7, 2013

It’s companies are different to traditional economy companies because they are focused on delighting customers and rapid innovation. Creative economy companies have, in effect, adopted agile methodologies across all their business areas and it isn’t surprising that most traditional companies find it impossible to copy them.

Development Team Review 94

Development Team Review Business Plan Agile Operations 94

Steve Blank

JUNE 8, 2021

This class is built on conducting in-person of interviews with customers/ beneficiaries and stakeholders, but due to the pandemic, teams now had to do all their customer discovery via a computer screen. How would customer interviews work via video? See here for an extended discussion of remote customer discovery.).

Lean 385

Lean Security Asia SBIR 385

Up and Running

MAY 3, 2021

It’s crucial for helping brands get seen by the right customers at the right time. Consequently, starting an SEO business can be a lucrative venture. In this piece, we look at how you can start growing your SEO business, from business plans to lead generation. Outline your financial plan and forecast.

SEO 147

SEO Vertical Metadata Forecast 147

Startup Lessons Learned

NOVEMBER 8, 2008

Lessons Learned by Eric Ries Saturday, November 8, 2008 What is customer development? But too often when its time to think about customers, marketing, positioning, or PR, we delegate it to "marketroids" or "suits." Many of us are not accustomed to thinking about markets or customers in a disciplined way.

Customer Development 168

Customer Development Developer San Francisco Customer 168

ReadWriteStart

MARCH 7, 2022

Customers would peruse advertising with open-mindedness and intrigue, reviewing new products for potential purchase without much judgment of that advertisement or reflection about its purpose. Today’s customers have different preferences. Only the most adaptable companies survive. Stay agile to avoid competition.

Marketing 198

Marketing Advertising Metrics Technical Review 198

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. More importantly, it makes no demands of you to stand and deliver your weekly customer development progress in front of your peers.

Startup 335

Startup Lean Incubator Business Model 335

YoungUpstarts

MAY 9, 2017

Lean is a methodology that can be applied to all disciplines of knowledge work to increase business efficiency, agility, and visibility. Lean is more about aligning your organization’s skills, talents, resources, processes, and strategy with the needs of your customers. 2 More Efficient Business Processes.

Lean 109

Lean Agile Technical Review Dilution 109

Steve Blank

DECEMBER 13, 2010

Here’s the course announcement from Professor Vergara (in English): Customer Development Course in Chile – Lean Launchpad. The objective of this course is that groups of students finish with a completed software product that has real customers and an identified market.

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. We were positing that 20 years of teaching “how to write a business plan” might be obsolete. This post is part one. Or a USB port?

Lean 298

Lean Business Model Customer Development Guinea 298

The Startup Magazine

FEBRUARY 14, 2024

The Strategist In the startup world, a strategist is the master of maneuvering through the complexities of business planning and market analysis. Their expert understanding of digital marketing strategies, social media tactics and trend spotting allows them to build brand recognition while increasing customer retention rates.

Startup 113

Startup Retention Agile Hiring 113

Startup Professionals Musings

NOVEMBER 7, 2022

Even with advantages that independent startups can never hope to match, including brand recognition, customers, financial capital, and distribution, I don’t often see the entrepreneurial passion for innovation, agility, and team perseverance exhibited by new startups. A documented business plan for the new venture is critical here.

Advisory Board 359

Advisory Board Incubator Dilution Agile 359

Steve Blank

MARCH 29, 2012

When Bob Dorf and I wrote the Startup Owners Manual we listed a series of Customer Development principles. for A Repeatable and Scalable Business Model. Pair Customer Development with Agile Development. Failure is an Integral Part of the Search for the Business Model. Iterations and Pivots are Driven by Insight.

Customer Development 328

Customer Development Developer Customer Cofounder 328

Steve Blank

JANUARY 30, 2013

With hindsight we should have had “proof of concepts” tested in a corporate center (think ‘pop-up incubator’) where they would do extensive Customer Discovery. We should had done this before assigning the teams to a particular business unit (or had the ability to create a new business unit, or spin the team out of the company).

Programming 265

Programming Technical Review Incubator Intellectual Property 265

Steve Blank

JUNE 12, 2020

Second, this class – which is built on the idea of interviewing customers/beneficiaries and stakeholders in person – now had to do all their customer discovery via a computer screen. How on earth would customer interviews work via video? At first this seemed to be a fatal stake through the heart of the class.

Oakland 301

Oakland Asia Lean Video 301

YoungUpstarts

SEPTEMBER 16, 2018

A home-based business should still function in some ways like a bigger firm. They of course need to be agile and adaptable, but home businesses should still have some formalized planning and structure. One area of planning that’s sorely lacking for these types of companies is a plan on protecting data.

Software Review 100

Software Review Technical Review Security Cloud 100

OnlyOnce

MARCH 2, 2016

I’ve written a bunch on this blog and in Startup CEO , about Agile Development and the Lean Canvas and Lean Startups in general (see a really old post on Agile Development from 10 years ago when we first adopted it here , and one on Agile Marketing here ). check in frequently on progress. tune practices based on feedback.

Agile 48

Agile Lean Software Operations 48

Startup Professionals Musings

APRIL 5, 2021

Passion is an inner phenomenon, but all healthy businesses are rooted outside the founder, in the marketplace. To turn your passion into profits, emphasize the market, and always think about your business relative to the customers you serve. To succeed, a new venture needs both iteration and agility.

Agile 363

Agile .Net Founder Entrepreneur 363

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. She posted her notes from the talk here.)

Customer Development 270

Customer Development Business Model Developer Design 270

ReadWriteStart

JUNE 8, 2021

You may have a descriptive, thorough business plan to serve as the blueprint for the present and future of your organization – but there’s no guarantee it’s going to pan out the way you think. Uncertainty. There’s also a lot of uncertainty within a startup. For example, you’ll need to think about company profitability.

Employee 127

Employee Product Startup Software Review 127

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

The Startup Magazine

JULY 7, 2023

Seek feedback from potential customers, industry experts, and mentors to refine your idea and ensure its viability. Validating your business idea will help you identify any potential roadblocks or adjustments needed before investing significant time and resources.

Entrepreneur 114

Entrepreneur Angel Investor Audience Business Plan 114

Small Business Force

SEPTEMBER 18, 2016

Over the years, I’ve written a lot about business plans, especially for early-stage companies trying to raise capital. In actuality, for small business owners, a business plan is essential for any long-term success. But there is a lot of just plain wrong ideas out there about business plans.

Business Plan 20

Business Plan Early Stage Operations Software Review 20

YoungUpstarts

DECEMBER 14, 2017

by Amanda Setili, author of “ Fearless Growth: The New Rules to Stay Competitive, Foster Innovation, and Dominate Your Markets “ Polarization is a common problem for companies trying to make smart and agile strategic decisions. In our age of disruption, you must be agile and courageous. Hint: That should be all companies.)

Agile 104

Agile Malaysia Technical Review Metrics 104

Steve Blank

OCTOBER 13, 2016

Rita McGrath, a Columbia Business School professor says, “there’s pleasing today’s customers and there’s developing tomorrow’s business.” Remedy: Create a protected space in your org chart where you invent and test new business models and value propositions. The latter requires speed and agility.

Non-Compete 329

Non-Compete Agile Business Model San Francisco 329

Steve Blank

MAY 18, 2020

The first 5-day class will be aimed at “Finding New Business Models” for businesses to adapt and pivot to find new customers, new markets, new products and new services to win in the recovery. This class is not about how to write a business plan. This class combines theory with a ton of hands-on practice.

Lean 436

Lean Business Model Affiliate Incubator 436

Hearpreneur

FEBRUARY 18, 2024

10- By directly engaging with customers Photo Credit: Jordan Adair Firstly, setting precise, attainable goals is paramount. Moreover, I stay motivated by directly engaging with our customers. Mastin In the world of entrepreneurship, I took an unconventional route by not writing a traditional business plan.

Entrepreneur 114

Entrepreneur Jordan Networking AJAX 114

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