Steve Blank

OCTOBER 26, 2020

Nand changed the culture of the JAIC, bringing in Silicon Valley tools for product development, product management and for the first time a culture that focused on UI/UX, MVPs and continuous integration and deployment. One product at a time wasn’t going to change the trajectory of the DOD. Joint Common Foundation.

Artificial Inteligence 388

Artificial Inteligence Fractional CTO Technology CTO 388

Steve Blank

SEPTEMBER 1, 2021

Try innovating inside a large company where 99% of the company is executing the current business model, while you’re trying to figure out and build what comes next. Do they have better sales, marketing, or product development groups? You think startups are hard? The short answer is no.

Incubator 402

Incubator Lean Agile Business Model 402

Steve Blank

AUGUST 3, 2012

Long before there was the Lean Startup, Business Model Canvas or Customer Development there was a guy in Santa Barbara California who had already figured it out. Frank Robinson of SyncDev has been helping companies figure out their minimum viable product and pivots since 1984, long before I even knew what it meant.

San Jose 256

San Jose Technical Review Customer Development Software Review 256

Steve Blank

MAY 9, 2017

Defense and Intelligence organizations drove the pace of innovation in Silicon Valley by providing research and development dollars to universities, and defense companies built weapons systems that used the Valley’s first microwave devices and semiconductor components. This might mean competing with and if necessary killing your own products.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222

Steve Blank

NOVEMBER 24, 2010

Wave after wave of hardware, software, biotech and cleantech products have emerged from what has become “ground zero” of entrepreneurial and startup culture. Compressing the Product Development Cycle. Startups traditionally required millions of dollars of funding just to get their first product to customers. Starting now.

Silicon Valley 335

Silicon Valley United States Venture Capital Software Review 335

adam.heroku.com

MAY 18, 2012

How To Scale a Development Team. An equally important challenge in a growing business is scaling your development team. Most technology companies hit a wall with dev team scalability somewhere around ten developers. Most technology companies hit a wall with dev team scalability somewhere around ten developers.

Developer 92

Developer Database Architecture API 92

Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Apply for contests and business grants. Consider licensing your product or intellectual property, and “white labeling.”

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Steve Blank

MARCH 3, 2015

During the Cold War with the Soviet Union, science and engineering at both Stanford and U.C. Berkeley were heavily funded to develop Cold War weapon systems. At the same time Berkeley was also developing Cold War weapons systems. We use Customer Development and the Lean LaunchPad to train and accelerate teams U.C.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

Steve Blank

APRIL 23, 2018

By 1931, with the combination of superior financial management and an astute brand and product line strategy, GM had 43% market share to Ford’s 20% – a lead it never relinquished. And 100 years later Elon Musk would see that the future of transportation was no longer in internal combustion engines and build the next great automobile company.

Michigan 268

Michigan Cofounder Stock Forecast 268

Steve Blank

DECEMBER 17, 2015

Successful Innovation Outposts typically develop over a period of time through three stages. And take what it learns and regularly update the corporate engineering, strategy, VC groups and business unit heads, on technology and market shifts. Stage 3: Productizing the Solution to Corporate Problems. How do you staff it?

Silicon Valley 120

Silicon Valley Incubator Acquisition Business Model 120

Steve Blank

MARCH 15, 2011

By now the nine teams in our Stanford Lean LaunchPad Class were formed, In the four days between team formation and this class session we tasked them to: Write down their initial hypotheses for the 9 components of their company’s business model (who are the customers? what’s the product? what distribution channel?

Business Model 236

Business Model Nebraska Peru Germany 236

Startup Professionals Musings

OCTOBER 19, 2015

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. I usually envision a 50-50 ownership split for their efforts, but every engineer believes the technology side deserves the majority share. Most founders bootstrap product development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Steve Blank

JANUARY 6, 2014

For the last 75 years products (both durable goods and software) were built via Waterfall development. This process forced companies to release and launch products by model years, and market new and “improved” versions. The Old Days – Waterfall Product Development. Adobe and Tesla offer two examples.

Continuous Deployment 329

Continuous Deployment Customer Agile Cloud 329

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.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

Hearpreneur

SEPTEMBER 22, 2021

Tesla Tesla invented a successful business model for bringing compelling electric cars to the market. Tesla has always put a huge emphasis on product development and technological advancement. Partly because our business revolves around Google, but mainly because of how innovative they are. 13- Google.

Technical Review 118

Technical Review Entrepreneur Software Review SEO 118

Steve Blank

NOVEMBER 21, 2015

In the Installation Period , a great surge of technology development (Perez calls this Irruption) is followed by an explosion of investment (called the Frenzy.) For example, US Steel had integrated vertically and was involved in the mining of the iron ore all the way to the production of various steel products, e.g., nails.

Silicon Valley 120

Silicon Valley Venture Capital United States Technical Review 120

Startup Lessons Learned

SEPTEMBER 30, 2008

When Ive asked mentors of mine who have worked in big companies about the role of the CTO, they usually talk about the importance of being the external face of the companys technology platform; an evangelist to developers, customers, and employees. So I initially gravitated to the CTO title, and not VP of Engineering. Heres my take.

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

Reid Hoffman

NOVEMBER 10, 2020

For instance, as the world becomes more hyper-connected and hyper-local, what might have previously been a fragmented industry may now be much more addressable if you design a different business model that makes it possible to adopt a more interesting economic model. SpaceX didn’t have to invent fundamentally new technologies.

Technical Review 36

Technical Review Software Review Engineer America 36

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. Other products used and their functions.

Customer 420

Customer Marketing Lean Vertical 420

YoungUpstarts

OCTOBER 10, 2012

If so, the business world is full of specialists who are all too eager to help. Talented product developers. Your most powerful growth engine is your existing customer. Brilliant ad agencies and clever marketing communications experts. Highly trained salespeople. Even PhD analytics eggheads. That’s right.

Customer 154

Customer Fractional CTO Canada Technical Review 154

Startup Lessons Learned

SEPTEMBER 15, 2008

But by taking advantage of open source, agile software, and iterative development, lean startups can operate with much less waste. I am heavily indebted to earlier theorists, and highly recommend the books Lean Thinking and Lean Software Development. Labels: customer development , lean startup 8comments: Amy said.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

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 242

Customer Development Developer Customer Silicon Valley 242

Steve Blank

MAY 14, 2012

The excerpts, which appeared first at Inc.com , highlight the Customer Development process, best practices, tips and instructions contained in our book. ———– Whether your venture is a new pizza parlor or the hottest new software product, beware: These nine flawed assumptions are toxic.

Balance Sheet 335

Balance Sheet Business Model Customer Development Metrics 335

Steve Blank

AUGUST 27, 2012

He turned his PhD thesis into a killer product, got it funded and now was CEO of a company of 30. It was great to watch him embrace the spirit and practice of customer development. We’re building the wrong product!” ” “A pivot is a substantive change to one or more of components to your business model.

Founder 316

Founder Cofounder Advisory Board Burn Rate 316

Startup Lessons Learned

JULY 29, 2009

Like a financial debt, the technical debt incurs interest payments, which come in the form of the extra effort that we have to do in future development because of the quick and dirty design choice. The human tendency to moralize about debt affects engineers, too. Leverage product development with open source and third parties.

Technical Review 168

Technical Review Software Review San Francisco Lean 168

YoungUpstarts

OCTOBER 22, 2012

The program has to be well staffed so it becomes a seamless and well integrated part of your entire growth engine. It must cross boundaries, working cooperatively with other divisions in your business such as sales, marketing, social media, PR, product development, and the like. Cheaping out” on resources.

Programming 145

Programming Customer Social Media Advisory Board 145

Steve Blank

JUNE 25, 2009

Their engineering teams didn’t have the expertise using off-the-shelf microprocessors (back then “real” computer companies designed their own instruction sets and operating systems.) They couldn’t keep up with the fast product development times that were enabled by using standard microprocessors. Their engineers hated us.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

Steve Blank

NOVEMBER 1, 2010

But Iridium’s business model assumptions were fixed like it was still 1990. No Business Plan Survives First Contact With A Customer. Second, since it knew the solution, it went into a 8 -year Waterfall engineering development process. It is death in a rapidly changing business. It All Came Crashing Down.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

ConversionXL

JANUARY 17, 2017

In short, they need to approach data and experimentation from multiple fronts, so it gets a bit complicated in how they actually do this, as well as how they balance experimentation with their typical product development process. They wrote about it on their engineering blog pretty extensively.

Algorithm 48

Algorithm CTO Hire Distribution Engineer 48

Startup Lessons Learned

JANUARY 28, 2009

Lessons Learned by Eric Ries Wednesday, January 28, 2009 Refactoring yourself out of business Let me start out by saying I am a big fan of refactoring , the ongoing process of changing code so that it performs the same behaviors but has more elegant structure. Its an essential discipline of good software development, especially in startups.

San Francisco 79

San Francisco Lean Continuous Deployment DC 79

Steve Blank

NOVEMBER 18, 2010

A business plan has a set of assumptions (who’s the customer, what’s the price, what’s the channel, what are the product features that matter, etc.) that make up a business model. Yet by first customer ship most of the business model hasn’t been validated or tested. Pivots Versus Crises.

Burn Rate 247

Burn Rate Management Business Model Customer Development 247

Startup Lessons Learned

JANUARY 30, 2018

Many established companies today are experiencing unprecedented levels of instability in their business models, brought on by technological disruption and, yes, those startups chasing their markets. Everyone can apply this to managerial and professional skill development.

Metrics 349

Metrics Startup Lean Detroit 349

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. I think Drucker said it best.

San Francisco 128

San Francisco Lean Continuous Deployment Agile 128

Ben's Blog

AUGUST 28, 2012

In the late year of 1995, IBM acquired Lotus Development, makers of the Lotus 123 spreadsheet and a proprietary Internet predecessor, Lotus Notes, for $3.5B—more Unlike political regimes, technological rulers are comprised of products rather than people. Marc released Mosaic in 1993. So what will become of IT?

Romania 77

Romania Software Review Cloud Mobile 77

Austin Startup

AUGUST 20, 2017

Do they perceive enough value to pay prices that create for you a profit margin that matches your business model? Is there a development step that you must take to fulfill demand for a particular use case, and, if so, how does that cost get absorbed? One of my engineers once told me my favorite color was plaid.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Startup Lessons Learned

APRIL 14, 2009

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) In fact, this company hasn’t shipped any new products in months.

Customer 167

Customer San Francisco Lean Hockey Stick 167

ConversionXL

APRIL 3, 2019

recommendation engines, chatbots, automated suggestions for collaboration). Do not talk about disruptive business models; the ones who disrupt don’t talk about it. They are too busy disrupting. Chad Sanderson: “Aligning Experimentation Across Product Development and Marketing”. Validation. Page Speed Kills.

Artificial Inteligence 114

Artificial Inteligence Technical Review Metrics SEO 114