Steve Blank

MARCH 8, 2011

In January, we introduced a new graduate course at Stanford called the " target="_blank">Lean LaunchPad. 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. OK, somehow we got them interested.

Lean 298

Lean Business Model Customer Development Guinea 298

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.”. It’s time to update Build, Measure, Learn to what we now know is the best way to build Lean startups. Here’s how. Build-Measure-Learn.

Lean 120

Lean Agile Business Model Customer Development 120

Steve Blank

OCTOBER 30, 2012

The Lean LaunchPad Class. You may have read my previous posts about the Lean LaunchPad entrepreneurship class. 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.

Startup 335

Startup Lean Incubator Business Model 335

Startup Lessons Learned

JANUARY 12, 2010

Lessons Learned by Eric Ries Tuesday, January 12, 2010 Amazing lean startup resources A year ago, there was no lean startup movement. I continue to believe that the explosion of interest in the lean startup has very little to do with me. If you are attempting to apply lean startup ideas in your own business - you are not alone.

Lean 146

Lean San Francisco Wiki Startup 146

Steve Blank

JUNE 18, 2013

The Lean LaunchPad entrepreneurship curriculum has caught fire. I wondered if business plans and 5-year forecasts were the right way to plan a startup. I wondered if business plans and 5-year forecasts were the right way to plan a startup. We were putting the plan before the planning.

Lean 286

Lean Agile Customer Development Business Model 286

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. We were prematurely pushing some of the teams in the business units.

Programming 265

Programming Technical Review Incubator Intellectual Property 265

Steve Blank

OCTOBER 24, 2014

—— The Lean Startup process builds new ventures more efficiently. It has three parts: a business model canvas to frame hypotheses, customer development to get out of the building to test those hypotheses and agile engineering to build minimum viable products. Tells you how to design new ventures with it.

Business Model 335

Business Model Design Customer Development Lean 335

Up and Running

MAY 3, 2021

In this piece, we look at how you can start growing your SEO business, from business plans to lead generation. What is an SEO business? As the name suggests, an SEO business is a company or agency that performs SEO services for and on behalf of a brand. How to write an SEO business plan that outlines your goals.

SEO 147

SEO Vertical Metadata Forecast 147

Steve Blank

JUNE 18, 2013

The Lean LaunchPad entrepreneurship curriculum has caught fire. I wondered if business plans and 5-year forecasts were the right way to plan a startup. I wondered if business plans and 5-year forecasts were the right way to plan a startup. We were putting the plan before the planning.

Lean 178

Lean Agile Customer Development Business Model 178

Steve Blank

MAY 23, 2016

Established businesses execute business models while startups search for them. I was a lone voice inside one of the country’s leading business schools challenging the conventional wisdom of the last 40 years, proposing that everything we were teaching about starting companies was wrong. How did this happen?

Lean 221

Lean Technical Review Vietnam Engineer 221

Steve Blank

MARCH 11, 2016

We just finished the 6 th annual Lean LaunchPad class. For the last 6 years I’ve taught the Lean LaunchPad class at Stanford and Berkeley. business plans are fine for large companies where there is an existing market, existing product and existing customers, but they are useless in a startup where most often none of these are known.

Lean 120

Lean Incubator Business Model Channel 120

VC Cafe

JULY 26, 2020

.” Steve Blank, “Is the lean startup dead?” ” The Lean Startup movement started out of necessity. Most principles of Lean Startup remain true, as described by Steve Blank in The Lean Startup Changes Everything : Business Plans are dead: Startups a series of hypothesis that need to be tested.

Lean 214

Lean Seed Capital Startup Burn Rate 214

Steve Blank

AUGUST 31, 2009

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Given this certainty, it’s logical that a startup will hire a sales and marketing team to simply execute your business plan.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

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

Startup Lessons Learned

NOVEMBER 8, 2008

This theory has become so influential that I have called it one of the three pillars of the lean startup - every bit as important as the changes in technology or the advent of agile development. This is a self-published book, originally designed as a companion to Steves class at Berkeleys Haas school of business.

Customer Development 168

Customer Development Developer San Francisco Customer 168

Up and Running

MARCH 14, 2017

In the Lean Startup methodology, one of the most important elements is getting out of the building. In this article, I’ll give a quick overview of the best practices for validating your business idea in use today. In this article, I’ll give a quick overview of the best practices for validating your business idea in use today.

Business Plan 94

Business Plan PPC Lean Campaign 94

Steve Blank

OCTOBER 13, 2016

The latter requires speed and agility. Bad Habit #3: Insisting on untested and detailed business plans. Most established companies require detailed business plans for new ideas. Business plans actually maximize the risk of failure because of the focus on executing an unproven idea rather than testing it.

Non-Compete 329

Non-Compete Agile Business Model San Francisco 329

Steve Blank

NOVEMBER 11, 2010

(Or more accurately, startups are a temporary organization designed to search for a scalable and repeatable business model.) Therefore the very foundations of teaching entrepreneurship should start with how to search for a business model. Business Model Design meets Customer Development. Lean Launchpad.

Agile 250

Agile Business Model Customer Development Lean 250

Steve Blank

MARCH 29, 2010

The key things I want students to take from the class are: Understand that a startup is a temporary organization designed to search for a profitable business model. Learn how to put together a business model , not a business plan. Class Logistics.

Business Model 226

Business Model Silicon Valley California Engineer 226

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. For most companies it feels like innovation can only happen by exception and heroic efforts, not by design.

IRR 335

IRR Startup Business Model Agile 335

Steve Blank

DECEMBER 7, 2010

(Or more accurately, startups are a temporary organization designed to search for a scalable and repeatable business model.) There are few courses which teach aspiring entrepreneurs the skills (business models, customer and agile development, design thinking, etc.) to optimize this search. Jim Smith , MDV.

Wiki 311

Wiki Lean Management Business Model 311

Steve Blank

JUNE 7, 2019

Our keynote speaker was Palmer Luckey , founder of Oculus and the designer of the Oculus Rift. 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. If you can’t see the video of Palmer Luckey click here. Presentation Format.

Oakland 266

Oakland Lean SBIR Afghanistan 266

Steve Blank

MAY 29, 2019

Lean LaunchPad class developed for Stanford. 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. And the Lean LaunchPad class I developed at Stanford was the first such class.

Incubator 331

Incubator Lean Programming Government 331

Women Entrepreneurs Can

APRIL 3, 2024

Implement Lean Manufacturing Principles The lean manufacturing principles usually focus on eliminating waste, optimizing processes, and maximizing value to achieve operational excellence. Sustainable practices not only contribute to cost savings but also enhance brand reputation and customer loyalty, driving long-term success.

Product 40

Product Artificial Inteligence Lean Reputation 40

Startup Lessons Learned

JULY 6, 2011

The Lean Startup Book is done. The finished book will come out on September 13, featuring an amazing cover designed by my IMVU co-founder Marcus Gosling and refined and tested by so many of you. The Lean Startup is a new approach being adopted across the globe, changing the way companies are built and new products are launched.

Lean 167

Lean Startup Metrics Private Equity 167

Steve Blank

MARCH 18, 2011

Lean Startups/Back to Basics (2000-2010): No IPO’s, limited VC cash, lack of confidence and funding fuels “lean startup” era with limited M&A and even less IPO activity. The Business Plan (Concept- Alpha-Beta - FCS ) became the playbook for startups. 2001 – 2010: Back to Basics: The Lean Startup.

Internet 334

Internet IPO Silicon Valley Agile 334

Steve Blank

MARCH 11, 2015

More agile competitors are starting to eat into our business. I suggested the best place to start the conversation is with the 21 st century definition of a startup: A startup is a temporary organization designed to search for a repeatable and scalable business model. How can we restart our innovation culture?”.

Widget 120

Widget Lean Business Model Metrics 120

Startup Lessons Learned

JANUARY 2, 2009

For the rest of us, there is an alternative: to create credibility by building a lean startup. My startup business (web development) is being shunned by virtually every other potential investor I approached thus far. The only folks who invested in me were the ones who barely understood the business plan. Expo SF (May.

San Francisco 60

San Francisco Tampa Continuous Deployment Lean 60

Steve Blank

JULY 28, 2011

From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory – income statements, balance sheets, business plans, revenue models, 5-year forecasts, etc. If this program works it will change how we connect basic research to the business world. Join the I-Corps.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Over its lifetime a Lean Startup may spend less money than a traditional startup.

Lean 244

Lean Silicon Valley Startup RSS 244

Startup Lessons Learned

JUNE 5, 2009

Certainly venture-backed startups don’t have this luxury – every business plan has a model in it. This model of joint accountability is at the heart of the lean startup, and is just as applicable to venture-backed, bootstrapped, and enterprise startups. The Lean Startup Intensive is tomorrow at Web 2.0.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Startup Lessons Learned

SEPTEMBER 8, 2008

Some combination of the dot-com crash and a just terrible business plan prevented us from having to take our scalability problems to the next level. The Lean Startup Intensive is tomorrow at Web 2.0. for Harvard Business Revie. Amazing lean startup resources Is Entrepreneurship a Management Science? Expo SF (May.

San Francisco 68

San Francisco Technology Continuous Deployment Lean 68

Steve Blank

OCTOBER 13, 2016

The latter requires speed and agility. Bad Habit #3: Insisting on untested and detailed business plans. Most established companies require detailed business plans for new ideas. Business plans actually maximize the risk of failure because of the focus on executing an unproven idea rather than testing it.

Non-Compete 120

Non-Compete Agile Business Model San Francisco 120

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. Filed under: Lean LaunchPad , Venture Capital.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

ReadWriteStart

AUGUST 1, 2011

From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory - income statements, balance sheets, business plans, revenue models - seems like another planet. If this program works it will change how we connect basic research to the business world.

Silicon Valley 118

Silicon Valley Intellectual Property Balance Sheet Lean 118

Steve Blank

JUNE 8, 2009

Customer Development by Vertical - Click to Enlarge (As a reminder, the Customer Development process says your business plan is just a series of untested hypothesis (unless you’re a domain expert.) Some of these are questions that would be addressed in a business plan. Others you need to know when you execute the plan.

Vertical 122

Vertical Silicon Valley RSS Marketing 122

Steve Blank

SEPTEMBER 3, 2009

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. The plan calls for selling in volume the day Engineering is finished building the product. What plan says that?

Customer Development 215

Customer Development Developer Customer Silicon Valley 215