Steve Blank

JUNE 23, 2020

Revenue models and forecasts are no longer valid. While the Lean Startup was built with Business Model Canvas, Customer Development and Agile Engineering, there’s an additional tool — the Market Opportunity Navigator — that can help entrepreneurs discover new opportunities. Lessons Learned.

Customer 436

Customer Marketing Customer Development Lean 436

Startup Professionals Musings

MAY 27, 2022

You may have a brilliant product strategy, but your operational teams seem to fight change, as well as each other, resulting in turf battles and confusion, leading to the internal drama and problems that occupy too much of your time. People need to feel motivation. Foster it rather than fight it. Provide resources to implement initiatives.

Forecast 340

Forecast Agile Lean Distribution 340

Steve Blank

JUNE 18, 2013

The Lean LaunchPad entrepreneurship curriculum has caught fire. 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. It’s called the Lean Startup.

Lean 184

Lean Agile Customer Development Business Model 184

Up and Running

OCTOBER 4, 2017

was “lack of a market need for their product.” Many of these failed startups created a product nobody needed or wanted. If their solution can potentially meet customer needs, startups should create a minimal viable product (MVP) that captures their idea and brings it to market as quickly as possible. According to David S.

Startup 115

Startup Estonia Poland Silicon Valley 115

Up and Running

JANUARY 25, 2018

Digital businesses need to be agile and reactive too. Whether your product is an add-on or completely new, innovative solution, the core of your business idea should be about your audience—not you. If you’re looking for more details on how to write a simple business plan, consider using Bplans’ free downloadable Lean Plan template.

eCommerce 96

eCommerce Business Plan Audience Lean 96

Startup Lessons Learned

FEBRUARY 7, 2013

Last May, I shared the news that long-time Lean Startup advocates Brant Cooper and Patrick Vlaskovits were working on a new book called The Lean Entrepreneur featuring illustrations by FAKEGRIMLOCK. LitMotors approach to using Lean Startup to create a new vehicle category. That new book is about to hit bookstores everywhere.

Lean 167

Lean Entrepreneur Agile San Francisco 167

Startup Lessons Learned

SEPTEMBER 30, 2008

If youre trying to design an architecture to maximize agility, how can that work if some people are working in TDD and others not? Platform selection and technical design - if your business strategy is to create a low-burn, highly iterative lean startup, youd better be using foundational tools that make that easy rather than hard.

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

The Startup Magazine

JULY 1, 2020

Optimizing inventory is one of the keys to making sure that a business is both agile and profitable. When companies pay close attention to their inventory optimization , they will be able to take advantage of cost savings and capital production. Companies waste money on buying products for separate departments.

Forecast 134

Forecast Database Stock Agile 134

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. It’s at this point the business needs an operating plan, financial forecasts and other well-understood management tools. Then it moves into execution mode.

Search 324

Search Business Model Customer Development Agile 324

Startup Lessons Learned

JULY 6, 2011

The Lean Startup Book is done. If you've been waiting for a comprehensive account of the Lean Startup and how it can help you achieve dramatically better business results, this is it. What really constitutes product/market fit? I am no longer writing a book. Finally, really, truly, done. page proofs, and mailing (!)

Lean 167

Lean Startup Metrics Private Equity 167

Up and Running

JULY 2, 2020

What that means is that your baby’s survival isn’t going to just depend on the service or product you’re offering. Your products and services may be the best around, but if there’s no demand, whether due to market changes or competitor dominance, your business, sadly, won’t be long for this world. No exceptions. Be flexible.

Startup 190

Startup Forecast Agile Demand 190

Steve Blank

DECEMBER 7, 2010

There are few courses which teach aspiring entrepreneurs the skills (business models, customer and agile development, design thinking, etc.) Others emphasize how to build a product. are what make it a business, 2) business plans are fine for large companies where there is an existing market, existing product and existing customers.

Wiki 316

Wiki Lean Management Business Model 316

Steve Blank

JULY 28, 2011

It wasn’t pure research, but rather a culture of taking sufficient risks to get products to market through learning, discovery, iteration and execution. The class will be a version of the Lean LaunchPad class we developed in the Stanford Technology Ventures Program , (the entrepreneurship center at Stanford’s School of Engineering).

Engineer 284

Engineer Silicon Valley United States Intellectual Property 284

Startup Lessons Learned

JUNE 5, 2009

Sometimes an early negative result from an experiment is a harbinger of doom for that product, and means it should be abandoned. 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.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

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. Reinertsen is the book for you.

Product Development 153

Product Development Developer San Francisco Product 153

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

Up and Running

DECEMBER 6, 2012

Today, I want to introduce you to a new concept for starting and growing successful companies: Lean Planning™. Before I dive too deeply into the Lean Planning methodology, it makes sense to talk about its history and where it comes from. Develop a forecast: Basic forecasts and budgets are critical; And tracking them is even more so.

Lean 147

Lean Silicon Valley Forecast Technical Review 147

The Next Web

FEBRUARY 7, 2014

“Far too many companies are failing for reasons I think are strictly preventable,” said Eric Ries in a recent interview, entrepreneur and author of The Lean Startup. Ries is an expert in getting startups to allocate resources more efficiently, increasing their productivity and success. This all sounds good right?

Forecast 136

Forecast Startup Metrics Agile 136

Up and Running

MAY 23, 2016

Noah has been a key figure in the making of LivePlan, our own SaaS product. 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.

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

SEPTEMBER 3, 2009

This post describes how the traditional product development model distorts startup sales, marketing and business development. 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.

Customer Development 228

Customer Development Developer Silicon Valley Customer 228

Up and Running

OCTOBER 1, 2014

Their latest product, Statdragon, launched just last week. If not, be agile enough to change direction and re-focus,” Nelson advises. This is a process she went through first hand, deciding on the fresh direction for her business as they went into development a new product. Be hyper-focused. Look inward.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Startup Lessons Learned

MAY 25, 2020

18:21) Carl on optimism and what he did as head of stores at Home Depot post-Katrina to take care of customers and employees, including selling products out of the back of a truck via an IOU system. If you lean in and understand this is a brilliant time to play offense. Be very outcome-driven in the world we're going to.

Technical Review 148

Technical Review Balance Sheet Texas Austin 148

Startup Lessons Learned

JULY 9, 2009

All my products and ideas focus on early cash and a business model that works from the first day. You made me remember that maybe, and just, MAYBE, the early days is not at there to earn money, but rather understand your user and improve your product. Ultimately your product must be useful. About spot trends. all about luck.

San Francisco 94

San Francisco Lean Continuous Deployment DC 94

Startup Lessons Learned

NOVEMBER 13, 2008

Lessons Learned by Eric Ries Thursday, November 13, 2008 Five Whys Taiichi Ohno was one of the inventors of the Toyota Production System. His book Toyota Production System: Beyond Large-Scale Production is a fascinating read, even though its decidedly non-practical. Each five whys email is a teaching document. and so forth.

Software Review 167

Software Review Technical Review San Francisco Continuous Deployment 167

YoungUpstarts

FEBRUARY 14, 2017

OK, so testing your product with an initial audience is always going to be a nerve-wracking time. We do this because we want our product to the best it can be and, most of all, used by the customers we built it for. Their feedback is therefore crucial to the long-term success of the product. Your Beta testing does not go well.

Technical Review 157

Technical Review Architecture Revenue Channel 157

Steve Blank

SEPTEMBER 6, 2012

You may have read my previous posts about the Lean LaunchPad class taught at Stanford , Berkeley, Columbia , Caltech and for the National Science Foundation. I wondered if business plans and 5-year forecasts were the right way to plan a startup. He called it the “Lean Startup.”. Now you too can take this course. Sign up here.

Lean 322

Lean Georgia Michigan Business Model 322