Steve Blank

JUNE 26, 2015

—– Lean Innovation Management. In the last five years “ Lean Startup ” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. Companies pursuing innovation can Buy, Build, Partner or use Open Innovation. Here’s how.

Lean 120

Lean Management Business Model Incubator 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

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

SEPTEMBER 16, 2014

” She looked at bit puzzled, so I continued to explain… One of the virtues of using the Business Model Canvas as part of a Lean Startup is that it helps you frame each one of your nine critical hypotheses. Or can we outsource these activities to Partners?” If you’re a startup it’s easy to get confused on this step.

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

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. to get hard-earned information. The First Class.

Lean 298

Lean Business Model Customer Development Guinea 298

Steve Blank

JULY 13, 2021

Business plans presume that building a startup is a series of predictable steps requiring execution of a plan which assumes a series of known facts: known customers, known features, known pricing, known distribution channel. Let’s Teach Lean Via Experiential Learning. In a new venture none of these things are truly known. experiential.

Lean 433

Lean Agile Business Model Business Plan 433

Steve Blank

MARCH 7, 2012

Today, the first half of the Stanford Engineering Lean LaunchPad Class gave their final presentations. It’s hard to believe it’s only been a year since we taught the first 10 teams in the Stanford Lean LaunchPad class. We’ll teach over 175 NSF Innovation Corps teams in the Lean LaunchPad course in 2012. Here are the first five.

Lean 256

Lean Business Model Agile United States 256

Startup Lessons Learned

SEPTEMBER 7, 2008

In addition to presenting the IMVU case, we tried for the first time to do an overview of a software engineering methodology that integrates practices from agile software development with Steves method of Customer Development. Ive attempted to embed the relevant slides below. What about a hardware business with some long-lead-time components?

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Customer Development Engineer San Francisco Developer 131

Steve Blank

JULY 2, 2015

My guests this past week on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Pete Newell , managing partner of BMNT Partners. John Kuhn , who works at BMNT Partners. military can work together – for access to advanced technology and to learn how to move with agility, speed and urgency.

Channel 120

Channel Japan Bosnia Silicon Valley 120

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. I think you can blame Customer and Agile Development for a small part of it. The Rise of the “Lean VC’s” – Consumer Internet Gets Funded. Lean VC’s are Different.

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Lean Internet Silicon Valley Venture Capital 258

Steve Blank

DECEMBER 7, 2010

There are few courses which teach aspiring entrepreneurs the skills (business models, customer and agile development, design thinking, etc.) If you’ve read any of my previous posts, you know I believe that: 1) a product is just a part of a startup, but understanding customers, channel, pricing, etc. to optimize this search.

Wiki 311

Wiki Lean Management Business Model 311

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. The Focus on Execution Versus Agility The product development diagram has a linear flow from left to right.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

MAY 29, 2019

Lean LaunchPad class developed for Stanford. And the Lean LaunchPad class I developed at Stanford was the first such class. I believe the analogy is identical for entrepreneurship.The capstone entrepreneurship classes like NSF I-Corps or a Lean LaunchPad class, are for those who have already decided they want to be entrepreneurs.

Incubator 331

Incubator Lean Programming Government 331

Steve Blank

APRIL 29, 2010

Customer Development was a process to quickly search for a profitable business model when customer needs (features, pricing, channel, etc.) Mike is now a partner in the super-angel firm Floodgate.) The sum of solving for both unknown customer needs and unknown features became the Lean Startup. are unknown. The class would roar.

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Customer Development Lean Developer Customer 219

Steve Blank

APRIL 7, 2020

The classes are built on the Lean Startup methodology: Customer Discovery, Agile Engineering and the Business/Mission Model Canvas. It’s what you can show a potential customer/ user/ beneficiary/partner that will get you the most learning at a point in time. Will their problem/solution be the same or do they think it may change?

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Customer Business Model Restful Video 413

Steve Blank

JANUARY 25, 2010

And it shows your company’s cost structures, how each department interacts with the others and where your company fits with other companies or partners to implement your business. What’s the distribution channel. Who are our partners? How Does Customer Development, Agile Development and Lean Startups Fit?

Agile 335

Agile Startup Silicon Valley Business Model 335

Steve Blank

MARCH 5, 2012

One of the issues that came up is whether the new lexicon of entrepreneurial ideas – Customer Development, Business Model Design , Lean , Lean LaunchPad class, etc. Once your business model (market, customers, features, channels, pricing, Get/Keep/Grow strategy, etc.) (And I even found time to go to the Spy Museum.).

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Search Business Model Customer Development Agile 320

Steve Blank

FEBRUARY 3, 2015

Hershey just bought Krave Jerky, a team in our 2011 Berkeley Lean LaunchPad class, for >$200 million. Their sales had given them some real data on three potential distribution channels: direct to consumer, brick and mortar retail, retailers. The Lean LaunchPad class works for existing businesses as well as new startups.

North America 120

North America Lean Customer Development Distribution 120

Steve Blank

FEBRUARY 28, 2017

The latest “aha” moment for me when I was at Columbia University teaching an intensive 5-day version of the Lean LaunchPad/I-Corps class. The goal of the class is to expose students to the basics of the Lean Methodology – Business Model Design , Customer Development and Agile Engineering. Repeat for 5 days. But hey, no problem.

Lean 120

Lean Customer Development Business Model Agile 120

Steve Blank

FEBRUARY 16, 2012

This makes sense in a company where your customers, channel and competition are known. Our Lean LaunchPad class at Stanford , Berkeley, Columbia and the National Science Foundation teach the combined Business Model Canvas + Customer Development tools. And your revenue plan is something more than a hallucination. XoomPark , BYU.

Business Model 263

Business Model Customer Development Utah Business Plan 263

Steve Blank

MARCH 11, 2015

More agile competitors are starting to eat into our business. They’ve learned the best distribution channel to get the product from their company to the customer. The strategy and structure for 21st corporate innovation will come from emulating the speed, urgency, agility and low-cost, rapid experimentation of startups.

Widget 120

Widget Lean Business Model Metrics 120

crowdSPRING Blog

APRIL 30, 2019

But, there’s plenty that you can do… if you embrace lean marketing principles. Lean marketing is a philosophy that emphasizes executing campaigns quickly, getting feedback from your audience, analyzing the results, and optimizing the campaign – all in rapid succession. National television campaigns are definitely out.

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Lean Small Business Software Review Marketing 91

Up and Running

JUNE 23, 2015

” Chinomnso Ibe, Registered Nurse and founder of Traffina Foundation, a Nigerian partner of Maternova, listens to a patient’s heartbeat with their fetascope. Allyson and her partner knew where not to look for funding, so they could focus their energy in the right places. Make smart agreements with strategic partners.

Cofounder 60

Cofounder Sweat Equity Social Media Business Model 60

Steve Blank

MAY 22, 2009

While one could argue that a trade show is just another demand creation activity akin to advertising or PR, trade shows are the closest eyeball-to-eyeball contact you’re company is going to have with customers, competitors and partners. Everyone should be articulate and agile in describing and demoing the products.)

Silicon Valley 128

Silicon Valley RSS California Customer Development 128

Startup Lessons Learned

MAY 22, 2020

How to channel your efforts and energy and stay informed. ( She has been an advocate for a more responsive, a more resilient, more agile government. My partner has a start-up and we went to his office and borrowed a bunch of office equipment and set up some real home offices. 33:59) The value of being useful. (35:20)

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New Jersey Government CTO America 60

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. 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. In the tactics section, list your sales channels and describe how you will be selling your products.

Software Review 74

Software Review Software Delaware Forecast 74

Startup Lessons Learned

MARCH 13, 2009

Establish credibility with potential partners. You need to combine your product with others, and this requires partners like OEMs or system integrators. A marketing launch can help you get in the door with those partners, if youre having trouble getting their attention. Do some Customer Development instead. Dont scale.

San Francisco 168

San Francisco PR Lean Early Stage 168

Steve Blank

MAY 10, 2011

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. Building a product is a critical part of a startup, but just implementing build, measure, learn without a framework to understand customers, channel, pricing, etc. The Lean LaunchPad was designed to fill that void.

Lean 279

Lean Business Model Agile Customer Development 279

Ben's Blog

MAY 15, 2020

This episode explores how to think about growth in turbulent times, according two growth experts: a16z general partner Andrew Chen, who previously led the growth team at Uber, and Brian Balfour, formerly the VP of Growth at HubSpot, now the founder and CEO of Reforge, a masterclass in growth strategies. Andrew : Right.

Founder 36

Founder Conversion Technical Review Cash Position 36

Startup Lessons Learned

DECEMBER 14, 2009

A great product enables customers, developers, partners, and even competitors to exchange their unique currencies in combinations that lead to financial success for the company that organizes them. A minimum viable product in this category must answer the question: does my media content or channel command the attention of a valuable audience?

Customer 156

Customer San Francisco Viral Lean 156

Steve Blank

NOVEMBER 25, 2013

A Lean Startup methodology offers entrepreneurs a framework to focus on what’s important: Business Model Discovery. Teams use the Lean Startup toolkit: the Business Model Canvas + Customer Development process + Agile Engineering. Filed under: Customer Development , Customer Development Manifesto , Lean LaunchPad , Teaching.

Oakland 326

Oakland Incubator Lean Metrics 326

Steve Blank

MARCH 26, 2019

We just finished the 8 th annual Lean LaunchPad class at Stanford. So in 2011, with support from the Stanford Technology Ventures Program (the entrepreneurship center in the Stanford Engineering School), we created a new capstone entrepreneurship class – the Lean LaunchPad. It’s the same, but different. I-Corps @ NIH ).

Lean 248

Lean Business Model Balance Sheet Video 248

YoungUpstarts

JUNE 5, 2014

These new marketing channels mean CMOs command a growing share of their company’s investment in technology, and CIOs are none too happy about that. A strong soft edge makes a company resilient and agile — even in the face of the occasional C-suite disagreement. But still, it’s only part of the story. Hers is a rapidly changing world.

Algorithm 174

Algorithm Analytics Social Media Metrics 174

crowdSPRING Blog

DECEMBER 13, 2018

Preferred channels – How does this person get their information and what’s the best way to reach them with marketing messaging? Curved lines are visibly flexible and can communicate agility and reactivity. Lee Fredericksen, Managing Partner at Hinge Marketing explains : A brand promise is an extension of a company’s positioning.

Marketing 162

Marketing Charlotte Naming Design 162

YoungUpstarts

JANUARY 23, 2017

Channel your other interests. Have someone to lean on. This doesn’t have to be a business partner obviously, although that can help. Be agile and explore avenues for both greater international trade and new domestic opportunities. Work with the directions you’ve been given, but inject a bit of personality where you can.

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Europe Agile Lean Reputation 100

mashable.com

JUNE 11, 2013

You are small and agile, which means you have a high rate of innovation and growth, and with that comes work! Not Embracing Agility. "If While its vital to have goals and a clear vision, to survive and thrive youll have to keep an open mind and stay agile enough to follow the path where it leads." — Jeff Jackel , CEO, BuzzMob.

Cofounder 111

Cofounder Technical Review Startup Software Review 111

www.vccafe.com

MARCH 11, 2013

Lean Methodology Sources. Steve Blank on Lean Customer Development. Part 3- Lean Cust. Steve Blank’s Lean Startup Resources. Lean Startup Circle â?? Agile project management tool that enables real time collaboration. Agile project management. Lean project management. Agile eLearning.

Software Review 53

Software Review Technical Review Startup 53