Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

Software Review 74

Software Review Software Delaware Forecast 74

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 ? And when do business planning and execution come into play?

Search 320

Search Business Model Customer Development Agile 320

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. Filed under: Business Model versus Business Plan , Customer Development , Lean LaunchPad.

Lean 317

Lean Georgia Michigan Business Model 317

YoungUpstarts

OCTOBER 17, 2019

this is one of those sectors where an owner driver really can set up in a ‘man and van’ operation and start making profits from day one. This means doing some homework first, not only in the form of market research, but even more importantly, by creating a business plan.

Forecast 124

Forecast Agile Demand Matching 124

Up and Running

JULY 2, 2020

In fact, like many new “parents,” you are probably going to go through a period of depression, doubt, and anxiety once you’re faced with the day-to-day operation of a business you’ve been dreaming of for so long. It’s one thing to fantasize about owning your own business. It’s another to actually do it.

Startup 190

Startup Forecast Agile Demand 190

Steve Blank

DECEMBER 7, 2010

Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.). In contrast, startups search for a business model. (Or This class is not about how to write a business plan.

Wiki 311

Wiki Lean Management Business Model 311

Steve Blank

JANUARY 10, 2011

The VP of an operating division had run into trouble in product development; the product was late and getting later. The revenue plan had the new product baked into the numbers and it was clear that this division General Manager was going to crater his forecast (happens all the time, nothing new here.) Lessons Learned.

Forecast 264

Forecast Agile Revenue Founder 264

Startup Lessons Learned

JULY 6, 2011

Most of our management tools, like planning and forecasting, require a long and stable operating history. It enables a company to shift directions with agility, altering plans inch by inch, minute by minute. Does anyone feel like our world is getting more and more stable every day?

Lean 167

Lean Startup Metrics Private Equity 167