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. All of this in one magazine, with no hype, just a continual stream of great ideas.

Technical Review 327

Technical Review Lean Venture Capital Customer Development 327

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

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. All of this in one magazine, with no hype, just a continual stream of great ideas.

Technical Review 219

Technical Review Lean Venture Capital Customer Development 219

Steve Blank

JANUARY 27, 2011

student of our MS&E department at Stanford ,) where they are set on being a leader in developing the management science of entrepreneurship. The most visible step was the first International Business Model Competition , hosted by the BYU Rollins Center for Entrepreneurship and Technology. Business Model Versus Business Plan.

Business Model 275

Business Model Utah Intellectual Property Agile 275

Steve Blank

SEPTEMBER 5, 2018

Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. And if their initial guesses were wrong, they needed a process that would permit them to change early on in the product development process when the cost of changes was small – the famed “pivot”.

Lean 335

Lean Burn Rate Startup IPO 335

YoungUpstarts

DECEMBER 11, 2014

by Taffy Williams, author of “ Think Agile: How Smart Entrepreneurs Adapt in Order to Succeed “ The New Year brings new events that may positively or negatively affect your business. Known events are possible to plan for in advance. Those that may potentially occur allow for strategy development prior to the event.

Agile 260

Agile Small Business Charlotte Business Plan 260

Steve Blank

MAY 6, 2015

Waterfall Development. While it sounds simple , the Build Measure Learn approach to product development is a radical improvement over the traditional Waterfall model used throughout the 20 th century to build and ship products. Waterfall Development was all about execution of the requirements document. Microsoft Windows 3.0).

Lean 120

Lean Agile Business Model Customer Development 120

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

Startup Lessons Learned

NOVEMBER 8, 2008

Lessons Learned by Eric Ries Saturday, November 8, 2008 What is customer development? Steve Blank has devoted many years now to trying to answer that question, with a theory he calls Customer Development. You can learn about customer development, and quite a bit more, in Steves book The Four Steps to the Epiphany.

Customer Development 168

Customer Development Developer San Francisco Customer 168

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. Lessons Learned.

Intellectual Property 281

Intellectual Property Lean IP Open Source 281

The Equity Kicker

MAY 7, 2013

As much as I seek to empower our portfolio companies to do what they think is right and to avoid over-planning I sympathise with these ‘traditional managers’ in the sense that when you switch from operating with a detailed operating plan to operating without one it feels like you are flying blind.

Development Team Review 94

Development Team Review Business Plan Agile Operations 94

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. You’ll understand the customer development process. You’ll learn about how to build a minimal viable product.

Startup 335

Startup Lean Incubator Business Model 335

Steve Blank

DECEMBER 13, 2010

Here’s the course announcement from Professor Vergara (in English): Customer Development Course in Chile – Lean Launchpad. In this blog post I will add more information about the development of this course when I have it.

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. Even if they did, what if the assumption – that we had developed a better approach to teaching entrepreneurship – was simply mistaken?

Lean 298

Lean Business Model Customer Development Guinea 298

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. Not All Startups Are Alike.

Customer Development 328

Customer Development Developer Customer Cofounder 328

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. This all-star team of 4 undergraduates and a JD/MBA developed new ways to provide logistical support to maritime forces in the Indo-Pacific region.

Lean 385

Lean Security Asia SBIR 385

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. Research shows that 95% of organizations do not start as Lean organizations – they implement Lean after identifying a need for better agility, visibility, and efficiency. 9 Reduced Costs.

Lean 124

Lean Agile Technical Review Dilution 124

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. Stay Flexible While Maintaining Order Startup culture values agility and adaptability. Therefore, maintaining order and consistency during the hiring process is crucial.

Startup 115

Startup Retention Agile Hiring 115

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

JANUARY 30, 2013

A Proof of Concept center, which is not the same as a full-fledged incubator, would also be responsible to develop a companywide core competence in business model and open innovation design and a VC-like, staged-risk funding decision criteria for new market opportunities. Developing a program to generate new ideas is the easy part.

Programming 265

Programming Technical Review Incubator Intellectual Property 265

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.

Agile 48

Agile Lean Software Operations 48

Startup Professionals Musings

APRIL 5, 2021

Passionate entrepreneurs tend to develop rose-colored plans, over-estimating early sales and underestimating costs. To convert your passion into tangible business value, write a business plan that makes financial sense for the needs and future goals of your startup, and have it checked by an expert.

Agile 363

Agile .Net Founder Entrepreneur 363

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. Develop several alternatives. In our age of disruption, you must be agile and courageous.

Agile 113

Agile Malaysia Technical Review Metrics 113

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

The Startup Magazine

JULY 7, 2023

Validating your business idea will help you identify any potential roadblocks or adjustments needed before investing significant time and resources. Step 3: Create A Solid Business Plan A well-crafted business plan is a roadmap for success.

Entrepreneur 116

Entrepreneur Angel Investor Audience Business Plan 116

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

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. I observed that teaching case studies and/or how to write a business plan as a capstone entrepreneurship class didn’t match the hands-on chaos of a startup.

Oakland 301

Oakland Asia Lean Video 301

Steve Blank

AUGUST 18, 2010

Here’s his story of when Customer Development failed. We were lucky to learn about Customer Development early on in the life of our startup. It made more sense than our 60 page business plan predicated on a B-school class and a supernatural ability to predict the future. So how did Customer Development fail us?

Customer Development 230

Customer Development Developer Customer California 230

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

YoungUpstarts

OCTOBER 26, 2017

By addressing these questions first, you will be able to develop a more effective solution for your own future marketing initiatives. In fact, keeping a perspective that is wide enough to take in various resources and strategies is key to remaining competitive and agile. Keep Perspective.

Campaign 113

Campaign Developer Metadata Marketing 113

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

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. entrepreneurship is experiential and requires theory and a ton of practice. We organized the class as: Team-based.

Lean 120

Lean Incubator Business Model Channel 120

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. As described in the previous post , this is a hands-on class.

Business Model 226

Business Model Silicon Valley California Engineer 226

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

OCTOBER 24, 2014

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. Teaches you how to use Customer Development to test it. Integration with Customer Development and Lean Startup.

Business Model 335

Business Model Design Customer Development Lean 335

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

Hearpreneur

FEBRUARY 18, 2024

Seeing the tangible results of our efforts, like a client's business flourishing because of a website we designed or a marketing strategy we developed, is incredibly rewarding. The excitement of learning & adapting to new trends in digital marketing & web development keeps me engaged & inspired.

Entrepreneur 116

Entrepreneur Jordan Networking AJAX 116