Steve Blank

NOVEMBER 24, 2010

This lets them deliver a first version of the product to customers in a fraction on the time. For products that are simply “bits” delivered over the web, a first product can be shipped in weeks rather than years. Startups traditionally required millions of dollars of funding just to get their first product to customers.

Silicon Valley 335

Silicon Valley United States Venture Capital Software Review 335

Steve Blank

MARCH 2, 2011

The Energy Storage division is acting like a startup, and Prescott Logan its General Manager, has lived up to the charter. Working with him, I’ve been impressed to watch his small team embrace Customer Development (and Business Model Generation ) and search the world for the right product/market fit.

Silicon Valley 236

Silicon Valley Agile Customer Development Early Stage 236

Steve Blank

APRIL 14, 2013

business models. They’re used to using the web and increasingly the mobile web for everything, commerce, communication, games, etc. While there are 564 million web users with 420 million having mobile web access, 74% of Chinese Internet users make less than $500/month and are students, blue-collar workers or jobless.

China 326

China Silicon Valley Non-Compete Intellectual Property 326

Steve Blank

JANUARY 15, 2017

It resolved partisan differences over how NSF should conduct peer review and manage research. While a few of the I-Corps teams are in web/mobile/cloud, most are working on advanced technology projects that don’t make TechCrunch. Why This Matters.

Lean 262

Lean Technical Review Government Programming 262

SoCal CTO

JANUARY 5, 2011

Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc.

Silicon Valley 378

Silicon Valley Startup Term Sheet Venture Capital 378

Steve Blank

APRIL 4, 2011

This week they were testing who the customer, user, payer for the product will be (and discovering if they have a multi-sided business model , one with both buyers and sellers.) talk to more customers? cold calls, in-person interviews, and a web survey. (We Startups were actually happy with Amazon Web Services.

Customer 239

Customer Business Model Nebraska Cloud 239

Steve Blank

DECEMBER 7, 2010

Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.). In contrast, startups search for a business model. (Or Their objective is to get users, orders, customers, etc.

Wiki 315

Wiki Lean Management Business Model 315

Steve Blank

MAY 9, 2017

This lets them deliver a series of minimal viable products to customers in a fraction of the time. For products that are simply “bits” delivered over the web, a first product can be shipped in weeks rather than years. Today open source software has slashed the cost of software development from millions of dollars to thousands.

Restful 238

Restful Silicon Valley Puerto Rico San Jose 238

Steve Blank

APRIL 14, 2013

business models. They’re used to using the web and increasingly the mobile web for everything, commerce, communication, games, etc. While there are 564 million web users with 420 million having mobile web access, 74% of Chinese Internet users make less than $500/month and are students, blue-collar workers or jobless.

China 218

China Silicon Valley Non-Compete Intellectual Property 218

Steve Blank

NOVEMBER 18, 2010

For decades startups were managed by pretending the company would follow a predictable path (revenue plan, scale, etc.) As we described in previous posts , startups fail on the day they’re founded if they are organized and managed like they are a small version of a large company. that make up a business model.

Burn Rate 250

Burn Rate Management Business Model Customer Development 250

Steve Blank

MARCH 29, 2010

The key things I want students to take from the class are: Understand that a startup is a temporary organization designed to search for a profitable business model. Learn how to put together a business model , not a business plan. TA’s make managing 60 students working on cases and team projects manageable.

Business Model 235

Business Model Silicon Valley California Engineer 235

Steve Blank

SEPTEMBER 17, 2009

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development.

Customer Development 252

Customer Development Developer Customer Silicon Valley 252

Steve Blank

JANUARY 15, 2017

It resolved partisan differences over how NSF should conduct peer review and manage research. While a few of the I-Corps teams are in web/mobile/cloud, most are working on advanced technology projects that don’t make TechCrunch. Why This Matters.

Lean 120

Lean Technical Review Government Programming 120

Up and Running

DECEMBER 6, 2012

Lean Planning is a set of tools for discovering a business model that works, building an action plan to test your assumptions, creating financial models and a plan for a viable business, and tracking your performance so you can adjust your plan on the fly, quickly and easily. Do startups have a manual?

Lean 147

Lean Silicon Valley Forecast Technical Review 147

steveblank.com

JULY 8, 2011

Useful blogs and links for startups Click Here ————– 2.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

SoCal CTO

DECEMBER 1, 2010

So let’s be very specific: let’s assume your dream job is product manager at Google, working on the Analytics product. I’d been around the web long enough to remember the dozens of companies before YouTube that tried to create crowdsourced video sites and failed. As if managing were a waste of time. By doing the job.

Technical Review 175

Technical Review Technology Product CTO Hire 175

Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 The three drivers of growth for your business model. The AARRR model (hence pirates, get it?) He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one. Expo SF (May. . Expo SF (May.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

Steve Blank

JANUARY 8, 2019

When first articulated by Baghai , Coley and White in the 20 th century, the Three Horizons model was a simple way to explain to senior management the need for an ambidextrous organization – the idea that companies and government agencies need to execute existing business / mission models while simultaneously creating new capabilities.

China 300

China Government Russia Acquisition 300

YoungUpstarts

OCTOBER 12, 2012

Find and leverage your customer influencers. Many firms spend lots of resources pursuing outside influencers who’ve gained a following on the Web and through social media. A better approach is to find and cultivate customer influencers and give them something great to talk about online. That got NI into the C-suite.

Social Media 164

Social Media Media Marketing Software Review 164

YoungUpstarts

OCTOBER 10, 2012

. - Local MVP (most valuable professional) customers are critical in helping Microsoft penetrate foreign markets affordably and effectively, providing the firm its most effective marketing communications and saving it hundreds of millions of dollars in support costs. Wrong message, wrong audience.

Customer 154

Customer Fractional CTO Canada Technical Review 154

Startup Lessons Learned

SEPTEMBER 15, 2008

The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development. See Customer Development Engineering for my first stab at articulating the theory involved) Ferocious customer-centric rapid iteration, as exemplified by the Customer Development process.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

YoungUpstarts

SEPTEMBER 12, 2012

The company was having a noticeable customer retention issue several years ago. Retention rates had declined from the high 90s to the mid 80s, which senior management felt the need to address quickly. SAS software was doing an excellent job of keeping up with customer needs. SAS Canada is a good case in point.

Customer 168

Customer Social Media Retention Canada 168

SoCal CTO

JUNE 9, 2010

They’re deep into Customer Development ,” he said. While Google fights on the edges, Amazon is attacking their core - Chris Dixon , May 22, 2010 Google is fighting battles on almost every front: social networking, mobile operating systems, web browsers, office apps, and so on. Here’s why. Your Process Doesn’t Work. m pleased.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

Steve Blank

FEBRUARY 22, 2010

Startups that are searching for a business model need to keep score differently than large companies that are executing a known business model. Yet most entrepreneurs and their VC’s make startups use financial models and spreadsheets that actually hinder their success. Managing the Business.

Balance Sheet 303

Balance Sheet Startup Burn Rate Metrics 303

Steve Blank

JULY 13, 2009

Our “Hollywood meets Silicon Valley” story played great in Silicon Valley, they ate it up in Hollywood, and the business press tripped over themselves to talk to us. Not being able to hear negative customer input is an extremely bad idea. Out of the Ashes A few of the key tenets of Customer Development , came from the ashes.

Silicon Valley 122

Silicon Valley Product RSS California 122

Startup Lessons Learned

SEPTEMBER 30, 2008

So what does CTO mean, besides just "technical founder who really cant manage anyone?" I always assumed I wouldnt manage anybody. Being a manager didnt sound fun - deep down, who really wants to be held accountable for other peoples actions? So I wound up learning the discipline of managing other people.

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

Steve Blank

SEPTEMBER 14, 2009

It may just be that the message of building companies that have predictable revenue and profit models hasn’t percolated through the VC business model. Perhaps in direct proportion to the number of “freemium” and “eyeballs” web deals funded.)

Silicon Valley 233

Silicon Valley IPO Technical Review Venture Capital 233

Steve Blank

APRIL 30, 2009

He had teamed up with a former product manager at P&G to deliver seminars on just this subject. It was a management problem. We had been outsourcing an important part of our demand creation strategy – packaging – to an outside agency without having the expertise to judge or manage the results.

Sales 120

Sales Silicon Valley RSS Las Vegas 120

Steve Blank

JANUARY 4, 2010

They used Customer and Agile development to search for a scalable and repeatable business model to become a large company. A “ scalable startup” takes an innovative idea and searches for a scalable and repeatable business model that will turn it into a high growth, profitable company. The Web and Startups.

Hockey Stick 296

Hockey Stick Venture Capital Startup Cofounder 296

Startup Lessons Learned

DECEMBER 14, 2009

Lessons Learned by Eric Ries Monday, December 14, 2009 Business ecology and the four customer currencies Lately, I’ve been rethinking the concept of “business model&# for startups, in favor of something I call “business ecology.&# The amount of traditional business modeling will vary.

Customer 156

Customer San Francisco Viral Lean 156

Steve Blank

DECEMBER 13, 2011

We now know that this ‘build it and they will come” is a prayer rather than a business strategy. In reality, a startup is a temporary organization designed to search for a repeatable and scalable business model. In our business school classes we had students with great ideas but lacking the technical skills to implement it.

Startup 327

Startup Lean Engineer Business Model 327

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 24, 2011

” Introduced a few months ago as an Austin event, I’m now doing this live audio advice column to the web, taking phone calls from startups around the country. So that means stuff like thinking about what a business model might be, it does mean customer development. So I have a question for you, Jason.

Cofounder 208

Cofounder Technical Review Software Review Differentiation 208

Steve Blank

JUNE 1, 2011

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. Yet boards of large companies exist to monitor efficient strategy and execution of a known business model. The Wrong Discussion s. The Wrong Structure.

Silicon Valley 296

Silicon Valley Business Model Venture Capital Balance Sheet 296

Startup Lessons Learned

JUNE 5, 2009

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. Still, this manager is going to spend the company’s money, and needs to be held accountable. So far, so good.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Startup Lessons Learned

OCTOBER 6, 2008

Lessons Learned by Eric Ries Monday, October 6, 2008 When NOT to listen to your users; when NOT to rely on split-tests There are three legs to the lean startup concept: agile product development , low-cost (fast to market) platforms , and rapid-iteration customer development. The opportunity was just mind-bogglingly huge.

San Francisco 128

San Francisco Lean Continuous Deployment Agile 128

Steve Blank

JUNE 1, 2011

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. Yet boards of large companies exist to monitor efficient strategy and execution of a known business model. The Wrong Discussion s. The Wrong Structure.

Silicon Valley 269

Silicon Valley Business Model Venture Capital Balance Sheet 269

A Smart Bear: Startups and Marketing for Geeks

MARCH 11, 2014

And when you look at the tools that we use, I mean we’ve made so many technological advances, but really to manage a meeting there’s not a practical tool available. We use email; we use Word; we use task manager; we use a file sharing tool. They are so happy that they finally have a tool to manage their business.

Technical Cofounder 220

Technical Cofounder Cofounder Software Review Management 220