Steve Blank

APRIL 14, 2013

business models. The Chinese government must be laughing hysterically over U.S. When the Chinese government censors (run by their propaganda department ) shutdown access to yet another U.S. Most of their parents still tell them to work for the government or a big company. Of course “copy” is too strong a word.

China 219

China Silicon Valley Non-Compete Intellectual Property 219

Steve Blank

MAY 23, 2016

NYU Engineering Commencement Speech. Thank you for the opportunity to address you on your graduation from this esteemed engineering school. Established businesses execute business models while startups search for them. I’m honored to help you celebrate this important milestone. Actually they’re entirely different.

Lean 223

Lean Technical Review Vietnam Engineer 223

Steve Blank

JULY 25, 2011

Scientists and engineers as founders and startup CEOs is one of the least celebrated contributions of Silicon Valley. ESL, the first company I worked for in Silicon Valley , was founded by a PhD in Math and six other scientists and engineers. It might be its most important. ———-. Cold War Spin Outs.

Engineer 311

Engineer Silicon Valley United States Venture Capital 311

Steve Blank

JULY 28, 2011

Silicon Valley was born in an era of applied experimentation driven by scientists and engineers. From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory – income statements, balance sheets, business plans, revenue models, 5-year forecasts, etc.

Engineer 284

Engineer Silicon Valley United States Intellectual Property 284

Steve Blank

FEBRUARY 23, 2016

As we prepared for the new Hacking for Defense class at Stanford, we had to stop and ask ourselves: How do we use the Business Model Canvas if the primary goal is not to earn money, but to fulfill a mission? In other words, how can we adapt the Business Model Canvas when the metrics of success for an organization is not revenue?

Business Model 120

Business Model Revenue Channel Community 120

The Startup Magazine

OCTOBER 18, 2023

This research will be your compass, guiding you towards identifying market gaps that your business can strategically fill, and assisting you in determining your precise target audience. Moreover, create a detailed business plan that meticulously outlines your business goals, financial projections, marketing strategies, and operational plans.

Australia 146

Australia Demand Framework Operations 146

Steve Blank

MAY 29, 2019

Steve Blank: When I first starting teaching, the capstone entrepreneurship class was how to write a business plan. But years ago, we had no alternative – how to write a business plan was it. My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.”

Incubator 332

Incubator Lean Programming Government 332

Steve Blank

JUNE 7, 2019

All the teams used the Mission Model Canvas , 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 278

Oakland Lean SBIR Afghanistan 278

Steve Blank

JULY 20, 2015

In my interview with Errol, we discussed the origins of the National Science Foundation Innovation Corps (I-Corps), how and why it was created, and how it changed the way the government commercializes scientific research. government needs your help,’ and I remember saying, ‘The U.S. Errol : And we did. What made him call Steve? “A

Government 120

Government Channel Southern California Lean 120

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model.

Silicon Valley 297

Silicon Valley Business Model Venture Capital Balance Sheet 297

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model.

Silicon Valley 270

Silicon Valley Business Model Venture Capital Balance Sheet 270

Steve Blank

JUNE 2, 2011

A revolution has taken hold as customer development and agile engineering reinvent the Startup process. It’s time to ask why startup board governance has failed to keep pace with innovation. Startups now understand what they should be doing in their early formative days is search for a business model. Victor Hugo.

Silicon Valley 289

Silicon Valley Business Model Early Stage Venture Capital 289

Steve Blank

SEPTEMBER 1, 2011

Unlike small business entrepreneurs, their interest is not in earning a living but rather in creating equity in a company that eventually will become publicly traded or acquired, generating a multi-million-dollar payoff. Their job is to search for a repeatable and scalable business model. They hire the best and the brightest.

Government 335

Government Silicon Valley Startup Venture Capital 335

Startup Professionals Musings

SEPTEMBER 25, 2021

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. You need a viable business model and customers. Early-stage ideas fall in the same category.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

crowdSPRING Blog

APRIL 28, 2010

Goals, Strategies and Tactics (why startups & small business should pay attention to all 3) – [link]. New-to-the-world: strategic marketing for startups and small business – [link]. Business Plan vs Business Model – [link]. Government releases open source code – [link].

Social Media 91

Social Media Small Business Design Media 91

Steve Blank

MAY 3, 2011

After a week of hectic customer discovery , the team further refined their new business model. Their initial customer segment were upwardly mobile professionals with $2-10K discretionary purchases/year (excluding travel,) and their revenue model was affiliate program fees. Where is the best place for your business?

South Dakota 232

South Dakota Business Model Lean United States 232

Austin Startup

AUGUST 20, 2017

Board and Governance issues arise from day one in most startups. Your original business plan will probably go out the window when you land your first customer. Your business works as intended if you can attract customers that fit into the context of your operation. Can you acquire them at a sustainable cost?

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

VC Cafe

SEPTEMBER 26, 2010

It doesn’t mean that you should change your business model because one person suggested it, but listed to the feedback and if you see similar patterns over and over again, make changes. Patents are nice but… in a consumer Internet business, it’s most likely that you aren’t re-inventing the wheel.

Elevator Pitch 102

Elevator Pitch Incubator Technical Review Startup 102

Steve Blank

FEBRUARY 19, 2015

One or two companies existed which at the time were described as startups, but in reality were government-backed small companies attempting, and ultimately failing, to execute business plans. Probably the biggest change was the UK government’s recognition of the importance of synthetic biology.

Lean 120

Lean Startup Massachusetts Merger 120

ReadWriteStart

AUGUST 1, 2011

Silicon Valley was born in an era of applied experimentation driven by scientists and engineers. From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory - income statements, balance sheets, business plans, revenue models - seems like another planet.

Silicon Valley 118

Silicon Valley Intellectual Property Balance Sheet Lean 118

Startup Professionals Musings

SEPTEMBER 8, 2018

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. You need a viable business model and customers. Early-stage ideas fall in the same category.

Technical Review 215

Technical Review Intellectual Property Early Stage Global 215

Up and Running

OCTOBER 14, 2015

Are there greater opportunities for higher rankings in the search engines, or is the design of your website helping or hindering you? ( It may help to plan what your business requirements are first before finding which countries best suit your needs, rather than selecting your choice of location first. Use your business plan.

Global 60

Global Intellectual Property IP Cyprus 60

Startup Professionals Musings

JULY 18, 2014

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. You need a viable business model and customers. Early-stage ideas fall in the same category.

Technical Review 266

Technical Review Intellectual Property Early Stage Global 266

crowdSPRING Blog

MARCH 26, 2019

Here’s a complete, 9 step guide on how to start a brewery business. Choose a business model. Fill in the business blanks. Choose a business model. Before you can start to seriously plan your own craft beer business, you need to understand the end goal that you’re aiming for.

Small Business Administration 94

Small Business Administration Distribution LLC Small Business 94

Reid Hoffman

JULY 27, 2021

In the startup world, one of the most important parts of building a network for non-technical entrepreneurs is getting to know brilliant engineers and technologists. Going to business school is one of the worst places to accomplish this. The problem is that these competitions seldom produce massively successful businesses.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Reid Hoffman

JULY 27, 2021

In the startup world, one of the most important parts of building a network for non-technical entrepreneurs is getting to know brilliant engineers and technologists. Going to business school is one of the worst places to accomplish this. The problem is that these competitions seldom produce massively successful businesses.

Silicon Valley 69

Silicon Valley Venture Capital Balance Sheet Cofounder 69

Steve Blank

DECEMBER 10, 2014

Over 44 classes have embedded the business model canvas and/or Customer Discovery including a year-long course taken by every single one of its bioengineering majors. Elements of the business model canvas and/or discovery-based interviews of stakeholders have already been incorporated into 44 other classes at UMD.

Maryland 278

Maryland Lean DC Virginia 278

Startup Professionals Musings

AUGUST 20, 2016

In fact, I often have to tell aspiring entrepreneurs that their inventions have zero value, at least not until they are put in the context of a business plan, with qualified people committed to executing the plan. You need a viable business model and customers. Early-stage ideas fall in the same category.

Technical Review 120

Technical Review Intellectual Property Early Stage Global 120

SoCal CTO

DECEMBER 1, 2010

Who better to answer than the company's engineering lead. No Business Plan Survives First Contact With A Customer – The 5.2 few years ago I also started following Alexander Osterwalder in his blog about his Business Model Generation -mantra. This post is an accusation. call to arms. billion dollar mistake.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Steve Blank

DECEMBER 3, 2015

(But unlike startups entrepreneurs in large companies) also have to fight against the organization that is actively trying to destroy them… because an existing company has an established business model. …. … ” A lot of engineering oriented cultures, engineering-oriented people like the problem-solving piece, right? …

Entrepreneur 120

Entrepreneur Cofounder San Francisco Business Model 120

maplebutter.com

JANUARY 8, 2013

If you’re looking for a designer, engineer, or biz marketing guy – go to meetups / conferences that those people would go to. I have the vision, model and the core elements of the ideas established. With that live, you’ll be able to show other smart engineers and advisors that you’re willing to take some risk and build something.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

www.paulgraham.com

OCTOBER 23, 2010

Another sign of how little the initial idea is worth is the numberof startups that change their plan en route. Microsofts originalplan was to make money selling programming languages, of all things.Their current business model didnt occur to them until IBM droppedit in their lap five years later. Well, it doesnt.

Startup 105

Startup Cofounder Software Stock 105

Hearpreneur

JANUARY 22, 2017

When my father had his business plan all set up, he brought it to the rabbi and got a benediction for a successful business. When he left the neighborhood, he decided that because he got a benediction from the rabbi in Crown Heights, he’d name his business (CrownTV’s parent company) Crown Heights. #7

Naming 48

Naming Entrepreneur LLC Software Review 48

Steve Blank

MAY 9, 2017

In the 1970’s, 80’s and 90’s, momentum shifted to the enterprise as large businesses supported innovation in PCs, communications hardware and enterprise software. Government and the enterprise are now followers rather than leaders. Not kind of wrong but going out of business wrong. Where is it going? The founders.

Restful 243

Restful Silicon Valley Puerto Rico San Jose 243

Up and Running

MARCH 29, 2017

At the same time, I was starting to realize that both the elegance of cloud-based software and the business models it enabled were what really got me excited. So I had a business plan, a product, and funds enough to buy some time to figure the rest out. Getting traction is key for early fundraising.

Term Sheet 60

Term Sheet Venture Capital Liquidation Preference Valuation 60