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. So we tried to break up our lectures with guest speakers.

Business Model 226

Business Model Silicon Valley California Engineer 226

Steve Blank

JUNE 18, 2013

I wondered if business plans and 5-year forecasts were the right way to plan a startup. It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models. We were putting the plan before the planning.

Lean 286

Lean Agile Customer Development Business Model 286

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

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

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

JUNE 18, 2013

I wondered if business plans and 5-year forecasts were the right way to plan a startup. It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models. We were putting the plan before the planning.

Lean 178

Lean Agile Customer Development Business Model 178

Steve Blank

MAY 29, 2019

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. My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.”

Incubator 331

Incubator Lean Programming Government 331

Steve Blank

JUNE 7, 2019

The eight teams spoke to over 820 beneficiaries, stakeholders, requirements writers, program managers, warfighters, legal, security, customers, etc. Our keynote speaker was Palmer Luckey , founder of Oculus and the designer of the Oculus Rift. He’s now the CEO/founder of the AI-focussed defense contractor Anduril Industries.

Oakland 266

Oakland Lean SBIR Afghanistan 266

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

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

Startup Lessons Learned

JANUARY 12, 2010

For the many entrepreneurs that send me cold emails asking for me to review a business plan or answer a strategic dilemma: Im much more likely to answer if youve already tried getting an answer on the mailing list. for Harvard Business Revie. Youll probably get a better result, anyway. Youll probably get a better result, anyway.

Lean 146

Lean San Francisco Wiki Startup 146

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. Each team accepted into the program will receive $50,000. Yet this system isn’t perfect. What Took You So Long.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Women Entrepreneurs Can

APRIL 3, 2024

It is possible to minimize your environmental footprint and still improve operational efficiency by reducing material waste, optimizing packaging designs for recyclability and eco-friendliness, and adopting renewable energy sources.

Product 40

Product Artificial Inteligence Lean Reputation 40

Hearpreneur

JANUARY 21, 2017

They do a great job at building an amazing culture, and they are able to keep a small company feel in terms of speed and agility because they keep the teams small and have basically broken the company up into a whole bunch of companies. Today I own and manage a company specifically designed to help people grow their portfolios.

Entrepreneur 48

Entrepreneur Investment Bankers PR Social Media 48

Up and Running

AUGUST 23, 2016

“I had a lot of requests for freelance work,” Kinsman says, “so I decided to set up a branding and marketing business in Hong Kong.”. Thirteen years later, Kinsman is a veteran of the industry and a thought leader advocating in Forbes for an agile approach. The agile strategy is all about brand flexibility. It makes sense.

Agile 60

Agile Viral Social Media Differentiation 60

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. Scientists and Engineers = Innovation and Entrepreneurship.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

Startup Lessons Learned

JANUARY 2, 2009

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. for Harvard Business Revie. They just havd faith in me. My 2008 revenues were over $100k on a 35k inventory.

San Francisco 60

San Francisco Tampa Continuous Deployment Lean 60

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. for Harvard Business Revie. We just had our app support a few tens of thousands of customers, and it did well. Looking back, that was a special moment. Amazon PostRank

San Francisco 68

San Francisco Technology Continuous Deployment Lean 68

Startup Lessons Learned

JUNE 5, 2009

Certainly venture-backed startups don’t have this luxury – every business plan has a model in it. Kent Beck keynote, "To Agility, and Beyond" Six streaming locations Interviews ► March (7) New conference website, speakers, agenda Two new scholarship programs for lean startups Speed up or slow down?

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

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. Each team accepted into the program will receive $50,000. Yet this system isn't perfect.

Silicon Valley 118

Silicon Valley Intellectual Property Balance Sheet Lean 118

Campus Entrepreneurship

JUNE 28, 2011

From the University of Chicago’s Booth School of Business: When Scott Freedman came to Chicago Booth as a student in the Full-Time MBA Program two years ago, he set out to create a start-up medical company using his background as the designer of orthopedic medical devices.

Chicago 37

Chicago Agile Entrepreneur Programming 37

Startup Lessons Learned

SEPTEMBER 3, 2009

Ali G meets with business leaders and investors on Wall Street to learn how to create a new company around a new product idea. After some general lessons, he then proposes his first product idea, complete with flip charts, business plan, and marketing plan. for Harvard Business Revie. Amazon PostRank

San Francisco 104

San Francisco DC Continuous Deployment Lean 104

Startup Lessons Learned

NOVEMBER 5, 2008

Lessons Learned by Eric Ries Wednesday, November 5, 2008 Getting educated about advertising, agencies, and media buyers I see lots of startups whose business plans revolve around selling high-value ad space to brand advertisers. for Harvard Business Revie. At first glance, this makes a lot of sense. Amazon PostRank

Advertising 60

Advertising San Francisco Media Continuous Deployment 60

Startup Lessons Learned

SEPTEMBER 27, 2010

This is precisely the dilemma that the doctrine of minimum viable product is designed to solve. When people start using quality, reliability, or design as an excuse to delay, it used to make me nervous, even when these suggestions were well intentioned. Rules of thumb can be infuriatingly unhelpful. And it’s really hard.

San Francisco 167

San Francisco Lean Continuous Deployment Software Review 167

Startup Lessons Learned

OCTOBER 19, 2009

That’s why entrepreneurship in a lean startup is really a series of MVP’s, each designed to answer a specific question (hypothesis). That’s why entrepreneurship in a lean startup is really a series of MVP’s, each designed to answer a specific question (hypothesis). for Harvard Business Revie.

San Francisco 137

San Francisco Product Lean Continuous Deployment 137

Up and Running

JANUARY 9, 2017

Formulating a development plan. Outlining a marketing and sales plan for the new offering. Create an action plan. An action plan is an essential part of the business planning and strategy development process. An action plan needs to be a working document; it must be easy to change and update.

Tennessee 60

Tennessee Forecast Agile Programming 60

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. Marketing demand creation programs (Search Engine Marketing, Public Relations, Advertising, Lead Generation, Trade Shows, etc.)

Lean 244

Lean Silicon Valley Startup RSS 244

Steve Blank

MAY 10, 2011

Many entrepreneurship courses focus on teaching students “how to write a business plan.” Experienced entrepreneurs realize that no business plan survives first contact with customers. is just another engineering process, not building a business. The Lean LaunchPad was designed to fill that void.

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. Thats what business is designed to do.

San Francisco 128

San Francisco Lean Continuous Deployment Agile 128

Startup Lessons Learned

MARCH 13, 2009

Figuring this out takes time, and few entrepreneurs have the patience to wait it out, because the business plan does such a good job of explaining what customers are going to think. The problem is that customers dont read your business plan. for Harvard Business Revie. March 13, 2009 8:51 PM Chris Lunt said.

San Francisco 168

San Francisco PR Lean Early Stage 168

Startup Lessons Learned

DECEMBER 14, 2009

I had a lot of use for this concept back when I worked on game design and virtual worlds. In order to maintain game play balance, game designers have to take into account the needs of customers who have an excess of four different assets: time , money , skill , and passion. Having a balanced ecosystem is what game designers strive for.

Customer 156

Customer San Francisco Viral Lean 156

Steve Blank

DECEMBER 14, 2012

The class was designed to teach educators (and the entrepreneurs that support them) the Lean LaunchPad approach (Business Model Design, Customer Development and Agile Engineering) for teaching entrepreneurship. But on the first day, Steve framed it in a different way: execution of a business plan doesn’t matter.

Developer 300

Developer Arizona Lean Business Model 300

Steve Blank

MARCH 26, 2019

It’s hard to imagine, but only a decade ago, the capstone entrepreneurship class in most universities was how to write – or pitch- a business plan. In my experience, I saw that most business plans don’t survive first contact with customers. As a serial entrepreneur turned educator, this didn’t make sense to me.

Lean 248

Lean Business Model Balance Sheet Video 248

www.readwriteweb.com

OCTOBER 7, 2007

A Word on Strategy Every good business begins with a solid understanding of the proposition and business plan - in short, your strategy. Its worth reading Guy Kawasaki’s 10/20/30 Rule of Powerpoint ; it’ll provide you with an idea of what should be included in your business plan and strategy.

Web 40

Web AJAX Software Review Development Team Review 40

blog.expensify.com

APRIL 24, 2012

But it will definitely raise questions during the phone screen, for reasons that are best explained by simile: Programming with.NET is like cooking in a McDonalds kitchen. Because.NET is designed to extend, not disrupt. I’ve used Compact.NET (in pre-iPhone era), GUI programming for windows, and games with XNA.

Java 107

Java PHP Software Review Coder 107

Steve Blank

SEPTEMBER 6, 2012

I wondered if business plans and 5-year forecasts were the right way to plan a startup. Experienced entrepreneurs kept finding that no business plan survived first contact with customers. Eric’s insight was that traditional product management and Waterfall development should be replaced by Agile Development.

Lean 317

Lean Georgia Michigan Business Model 317

Steve Blank

FEBRUARY 7, 2013

The class was designed to teach educators (and the adjunct entrepreneurs that support them) the Lean LaunchPad approach (Business Model Design, Customer Development and Agile Engineering) for teaching entrepreneurship. What he really said, was that an operating plan comes after you have some facts.).

Delaware 297

Delaware Lean Entrepreneur Advisory Board 297