Steve Blank

JUNE 26, 2015

The first, the notion of the “ ambidextrous organization ” from O’Reilly and Tushman , posits that companies that want to do continuous innovation need to execute their core business model while innovating in parallel. Horizon 1 activities support existing business models. Horizon 1 is the company’s core business.

Lean 120

Lean Management Business Model Incubator 120

Steve Blank

JULY 25, 2023

Now at Imperial College Business School and Co-Founder of the Wicked Acceleration Labs , Cristobal and I wondered if we could combine the tenets of Lean (get out of the building, build MVPs, run experiments, move with speed and urgency) with the expanded toolset developed by researchers who work on Wicked problems and Systems’ Thinking.

Lean 294

Lean Chile Ukraine Spain 294

SoCal CTO

JUNE 9, 2010

But founders need to know how to ask for their advice and when to ignore it. Startup Insights From Paul English, Co-Founder of Kayak - OnStartups , May 10, 2010 I’m just wrapping up several weeks of attending conferences across both coasts. They’re deep into Customer Development ,” he said. Why Entrepreneurs Hate Lawyers.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

View from Seed

SEPTEMBER 11, 2019

Pre-launch customer development data is another way, sometimes in the form of user surveys for consumer companies or interviews with potential beta customers for B2B businesses. One of our portfolio investments, a B2B SaaS company, was a pre-product startup at the time of the seed round. B) Post-Product Companies.

Seed Stage 149

Seed Stage B2B Seed Capital Revenue 149

Steve Blank

AUGUST 8, 2016

And no amount of business success is enough if you don’t have time with your family. Values – who and what founders and customers hold dear – were the focus on today’s Entrepreneurs are Everywhere radio show. Ryan Smith , co-founder of Qualtrics insight platform. Ryan Smith. Lane Merrifield. You guys were geniuses.”

Cofounder 146

Cofounder New York City Entrepreneur New York 146

Steve Blank

JULY 15, 2010

VC’s invested their limited partners’ “risk capital” in a portfolio of startups in exchange for illiquid stock. Most of the startups they invested in either died by running out of money before they found a scalable business model or ended up in the “land of the living dead” by never growing (failing to Pivot.). Lessons Learned.

Venture Capital 299

Venture Capital IPO Liquidity Event Entrepreneur 299

Seeing Both Sides

JULY 11, 2013

Before this occurs, the sales process is a craft or an art - custom-made by the founder or evangelist sales VP. You dive deep into a customer development process, working closely with a few customers who feed you requirements and are willing to trial an imperfect product that is evolving quickly.

Sales 50

Sales Technical Review Software Review B2B 50

Steve Blank

AUGUST 8, 2016

And no amount of business success is enough if you don’t have time with your family. Values – who and what founders and customers hold dear – were the focus on today’s Entrepreneurs are Everywhere radio show. Ryan Smith , co-founder of Qualtrics insight platform. Ryan Smith. Lane Merrifield. You guys were geniuses.”

Cofounder 120

Cofounder New York City Entrepreneur New York 120

Steve Blank

APRIL 20, 2021

Shawn immediately said the name I had given the four steps was confusing – I had called it market development – he suggested that I call it Customer Development – and the name stuck. Founders should understand what the customer hopes to accomplish , or what their job to be done is. Final Thoughts.

Product 436

Product Viral Channel San Francisco 436

Steve Blank

NOVEMBER 7, 2013

We have a portfolio of more than 500 brands and 4000 products and people invite us into their lives more 1.8 For most big, established companies like us, our business models were developed years—even decades ago. We’ve built up strength in executing our business model, not creating new ones.

Lean 327

Lean Nepal Cofounder Customer Development 327

Startup Lessons Learned

JANUARY 10, 2011

We also cavalierly lampoon the “suits” that get brought in to run startups after the founders are fired by callous VC’s. They have the ultimate responsibility in a venture-backed company of deciding whether to fire the founders and bring in “professional management.” I also frequently see the reverse. And there’s a worse fate, too.

Silicon Valley 167

Silicon Valley San Francisco Lean Investment Bankers 167

Steve Blank

NOVEMBER 25, 2013

Teams can prove their competence and validate their ideas by showing investors evidence that there’s a repeatable and scalable business model. A Lean Startup methodology offers entrepreneurs a framework to focus on what’s important: Business Model Discovery. We focus on evidence and trajectory across the business model.

Oakland 327

Oakland Incubator Lean Metrics 327

Steve Blank

NOVEMBER 4, 2021

Modern entrepreneurship began at the turn of the 21 st century with the observation that startups aren’t smaller versions of large companies – large companies at their core execute known business models, while startups search for scalable business models. This circular loop can cause them to churn, pivot, and fail.

Customer 421

Customer Marketing Lean Vertical 421

SoCal CTO

SEPTEMBER 8, 2010

Last night at the NY Tech Meetup, John Britton of our portfolio company Twilio showed how it is done. Before I get into the details for founders, let me talk about options-hungry employees. Seth Levine's VC Adventure , August 30, 2010 Paul Graham, founder of Y-Combinator , sent out a tweet on Friday saying: “Convertible notes have won.

Startup 191

Startup CTO Hire Cofounder Venture Capital 191

Steve Blank

MAY 1, 2012

Fixing our business model to fix our budget crisis. That’s why they invest in a portfolio. New market problems call for visionary founders, not consensus committee members. Solutions are found by betting on a portfolio of low-cost experiments. ” Our goal(s) could be: Looking good. Attracting faculty.

Portfolio 326

Portfolio California Customer Development Framework 326

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

Welcome back to Smart Bear Live … the show were Jason speaks with entrepreneurs looking to improve their businesses. Listen to this episode if you want to hear about a founder who has a product and users and paying customers … and is trying to figure out how to take his company to the next level and grow faster.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220

ReadWriteStart

MARCH 27, 2011

Unlike Lean startups, their priority isn't to learn in order to create a scalable business model. The idea is to build a hit that would make the founder(s) an appealing and quick talent acquisition (sometimes referred to as an acq-hire). This is lean development without any customer development.

Lean 144

Lean Startup Agile Coder 144

Up and Running

JULY 14, 2015

Read also: Q&A with Business Incubator Co-founder Joe Maruschak. Peter: Yeah, that’s a perfect question for a recent article we posted called Q&A with Business Incubator Co-founder Joe Maruschak. Our business model was Pinterest. The single founder is the second reason. Where do I go?

Incubator 60

Incubator Email Startup Oregon 60

www.vccafe.com

MARCH 11, 2013

.” Hackernews list of “Tools of the Trade” for startups - includes over 150 SaaS tools used by startups, and over 150 comments with interesting insights from founders. Steve Blank on Lean Customer Development. TechStars Model Seed Funding Documents â?? Founders Institute Plain Preferred Term Sheet â??

Software Review 53

Software Review Technical Review Startup 53