Steve Blank

MARCH 5, 2012

It’s at this point the business needs an operating plan, financial forecasts and other well-understood management tools. The processes used to organize and implement the search for the business model are Customer Development and Agile Development. It’s like trying to implement a startup using Waterfall engineering.).

Search 324

Search Business Model Customer Development Agile 324

Steve Blank

DECEMBER 7, 2010

I’ve introduced a new class at Stanford to teach engineers, scientists and other professionals how startups really get built. There are few courses which teach aspiring entrepreneurs the skills (business models, customer and agile development, design thinking, etc.) This Stanford class will introduce management tools for entrepreneurs.

Wiki 316

Wiki Lean Management Business Model 316

Steve Blank

JUNE 18, 2013

I wondered if business plans and 5-year forecasts were the right way to plan a startup. Eric’s insight was that traditional product management and Waterfall development should be replaced by Agile Development. So my book and Berkeley class turned into the Lean LaunchPad class in the Stanford Engineering school.

Lean 292

Lean Agile Customer Development Business Model 292

Steve Blank

JUNE 18, 2013

I wondered if business plans and 5-year forecasts were the right way to plan a startup. Eric’s insight was that traditional product management and Waterfall development should be replaced by Agile Development. So my book and Berkeley class turned into the Lean LaunchPad class in the Stanford Engineering school.

Lean 184

Lean Agile Customer Development Business Model 184

Startup Lessons Learned

JUNE 5, 2009

I think this idea is particularly appealing to those of us from an engineering background. Imagine a general manager that has read The Innovator’s Dilemma and related books, and is therefore trying hard to help her organization make a transition to a new product category via disruptive innovation. So far, so good. But $10.00?

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Startup Lessons Learned

FEBRUARY 7, 2013

PayPal, under the leadership of David Marcus and Bill Scott, re-defining and re-engineering itself by embracing Lean Startup to improve the product experience. My personal background was as an engineer and my companies had been Web-based startups, so that is what I wrote about. Plenty of venture capitalists advised me against it.

Lean 167

Lean Entrepreneur Agile San Francisco 167

Up and Running

OCTOBER 1, 2014

If not, be agile enough to change direction and re-focus,” Nelson advises. Nelson suggests creating a projected sales forecast and planning how you’ll achieve it, realizing of course that you’ll make adjustments to these numbers as you grow. Buffer helps you with managing and scheduling your social media posts.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

VC Cafe

SEPTEMBER 26, 2022

For more about forecasting growth in these uncertain times, check out Sequoia’s “ Adapting to Endure ” presentations published in May 2022. Use agility to your advantage and make speed a team priority. Kawasaki’s Law of Pre-Money Valuation: for every full-time engineer, add $500,000; for every full-time M.B.A.,

Founder 187

Founder Startup Valuation Pre-Money Valuation 187

Up and Running

MAY 23, 2016

While it’s useful to be able to have a sales forecast and expense budget early on, it’s not something you need until you’ve validated your idea. Later you will want to come back and create a proper sales forecast, cash flow forecast, and expense budget. Circle back and create a more detailed forecast.

Software Review 74

Software Review Software Delaware Forecast 74

Startup Lessons Learned

OCTOBER 30, 2008

Lessons Learned by Eric Ries Thursday, October 30, 2008 John Doerrs 10 lean startup tips I just saw video of John Doerrs talk yesterday at VentureBeat’s “How to manage your start-up in the downturn&# roundtable event. Get 18 months or more of cash (runway) in the business against a conservative forecast. Use Google Apps.

Lean 121

Lean San Francisco Continuous Deployment DC 121

Startup Lessons Learned

JULY 13, 2009

Lessons Learned by Eric Ries Monday, July 13, 2009 The Principles of Product Development Flow If youve ever wondered why agile or lean development techniques work, The Principles of Product Development Flow: Second Generation Lean Product Development by Donald G. Managing timelines instead of queues. Reinertsen is the book for you.

Product Development 153

Product Development Developer San Francisco Product 153

Duct Tape Marketing

JUNE 20, 2023

And there's a bit of a sense that digital was a bit sort of the wild west in terms of, oh, it's all about agile and people improvise the method and you can't measure things as well. Do you really have a proper agile operating model? If only we could do amazing, you know, supply chain forecasting, right? And into the app.

Technical Review 65

Technical Review Silicon Valley Generative AI Arizona 65

Startup Lessons Learned

MAY 25, 2020

We can't make a 5-year plan or a 10-year forecast right now, but we know there are investments we can make today that will set ourselves up for success in the future. So we went back, got our agile teams engaged and in 48 hours, we could put up aerial of people's homes. Be very outcome-driven in the world we're going to. Let's go."

Technical Review 148

Technical Review Balance Sheet Texas Austin 148

YoungUpstarts

FEBRUARY 14, 2017

Managing your cash position when forecasted sales aren’t being achieved is tough, and if you are spending more than you are generating and cash piles are dwindling, now is the time to address your financial position. One of the great benefits of a startup is their ability to be agile and adapt quickly to a changing environment.

Technical Review 157

Technical Review Architecture Revenue Channel 157

Startup Lessons Learned

NOVEMBER 13, 2008

Its why, at my previous job, we were able to get a new engineer completely productive on their first day. Most engineers would ship code to production on their first day. Let me show you what this looked like after a few years of practicing five whys in the operations and engineering teams at IMVU.

Software Review 167

Software Review Technical Review San Francisco Continuous Deployment 167

Startup Lessons Learned

JULY 9, 2009

I managed to be envious of dozens of other companies, founders, and colleagues who seemed to be having tremendous success but later turned out to be a mirage. Talking about trends is more about trying to forecast the future, like a guru, sometimes it works, sometimes not. About spot trends. i dont believe we can do thinks like that.

San Francisco 94

San Francisco Lean Continuous Deployment DC 94

Steve Blank

NOVEMBER 1, 2010

And they rolled all of this up into a set of financial forecasts with a “size of market” forecast from brand name management consulting firms that said they’d have 42 million customers by 2002. Second, since it knew the solution, it went into a 8 -year Waterfall engineering development process. Lessons Learned.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

ConversionXL

JULY 17, 2015

” and my CEO is saying, “Yeah, we’re agile. Understanding what you’re truly going to measure, truly going to manage, then you can put either conversion or average order value into the calculator to calculate how long it needs to run. Peep: Any thoughts on the new Optimizely stats engine? So break it up.

Video 48

Video Mobile Conversion Audience 48

Steve Blank

MAY 17, 2022

Power Recommendation Engines. Engineers can input design goals into AI-driven generative design software , along with parameters such as performance or spatial requirements, materials, manufacturing methods, and cost constraints. Supply chain management. Automated Battle management – air and missile defense, army/navy tactical….

Artificial Inteligence 422

Artificial Inteligence Software Review Algorithm Technical Review 422

Steve Blank

SEPTEMBER 6, 2012

I wondered if business plans and 5-year forecasts were the right way to plan a startup. That resulted in a new process for Search: Customer Development + traditional product management/Waterfall Engineering. Sign up here. ——– Why This Class? I asked, “Is execution all there is to starting a company?”.

Lean 322

Lean Georgia Michigan Business Model 322

ConversionXL

APRIL 3, 2019

recommendation engines, chatbots, automated suggestions for collaboration). What to do with AI: Predict churn ; Identify which offers to send to an individual; Accelerate innovation; Personalize content; Account-based marketing ; Algorithmic attribution; Forecast future lift; Predict blame. It’s a wave—the agile Tsunami.

Artificial Inteligence 114

Artificial Inteligence Technical Review Metrics SEO 114