Steve Blank

JANUARY 22, 2014

Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. Few entrepreneurs find this scalable and repeatable business model because it’s not easy. The cloud , open-source development tools and web 2.0 I visited Bend last year and caught up with his progress.

Early Stage 286

Early Stage Silicon Valley Oregon Technical Review 286

Steve Blank

APRIL 16, 2013

For decades this revered business magazine described management techniques that were developed in and were for large corporations – offering more efficient and creative ways to execute existing business models. Business-as-usual management techniques focused on efficiency and execution are no longer a credible response.

Technical Review 219

Technical Review Lean Venture Capital Customer Development 219

Steve Blank

NOVEMBER 16, 2009

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. However the Customer Development Model and the Lean Startup work equally well for startups on the web.

Customer Development 219

Customer Development Web Developer Customer 219

Startup Professionals Musings

JUNE 30, 2019

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Apply for contests and business grants. Commit to a major customer.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Startup Professionals Musings

FEBRUARY 19, 2013

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Apply for contests and business grants. Commit to a major customer.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

MAY 6, 2013

The Harvard Business Review is offering free reprints of the May 2013 cover article, “ Why the Lean Startup Changes Everything “ Available here.

Lean 330

Lean Venture Capital Customer Development Startup 330

Startup Professionals Musings

JULY 14, 2014

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Apply for contests and business grants. Commit to a major customer.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

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? So they prepare for future markets by exploring new ventures. The short answer is no.

Incubator 402

Incubator Lean Agile Business Model 402

Steve Blank

DECEMBER 20, 2011

“We’ve been reading your blog about your Lean Launchpad class.” We want to make a bet that your Lean Launchpad class can apply the scientific method to market-opportunity identification. The Innovation Corps – Using the Lean LaunchPad as an Incubator for Scientists and Engineers. Wow, that’s nice, I thought, a call from a fan.

Incubator 301

Incubator Government Silicon Valley Lean 301

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. Commit to a major customer.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Steve Blank

MAY 6, 2013

The Harvard Business Review is offering free reprints of the May 2013 cover article, “ Why the Lean Startup Changes Everything “ Available here.

Lean 222

Lean Venture Capital Customer Development Startup 222

ReadWriteStart

APRIL 8, 2023

Keeping up with trends is the reality show of the e-commerce world, which is constantly developing, gaining a significant market share, and driving online sales. Funds are invested in this, and it will develop further. Is Trendwatching a Business’ Superpower? It is about growth and development — nothing more, nothing less.

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

YoungUpstarts

OCTOBER 22, 2018

He also shared that, initially, he was leaning toward building an experience management solution in-house, and that it was only at the insistence of the firm’s CMO that he relented and engaged our firm. The develop in-house side would point to the existing investment in staff talent.

Iowa 113

Iowa Investment Bankers Cloud Software Review 113

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf. That’s a lean business plan.

Lean 60

Lean Business Plan Video Software Review 60

Startup Professionals Musings

JULY 8, 2015

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. Apply for contests and business grants. Commit to a major customer.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Steve Blank

FEBRUARY 16, 2012

Alexander Osterwalder and I spent last week in Salt Lake City, Utah as judges at the 2 nd Annual International Business Model Competition , hosted by Professor Nathan Furr , and his team at the BYU Center for Entrepreneurship. The Business Plan ?- Business Plan vs. Business Model + Customer Development.

Business Model 263

Business Model Customer Development Utah Business Plan 263

Up and Running

MAY 18, 2016

Why David Rose recommends it: “It lays out in explicitly stark terms the difference between ‘small business ownership’ and ‘entrepreneurship.’ After you finish this, you should have a pretty good feel for whether you have what it takes to create a high-growth business.”. Tim Berry is the expert on business planning.

Startup 80

Startup Venture Capital Angel Investor Lean 80

ReadWriteStart

FEBRUARY 21, 2021

Early in your startup’s development, you’ll likely be low on capital. Even if you have an angel investor or a venture capital (VC) firm backing you, you’ll have an abundance of expenses, limited income, and a finite amount of time before the money completely runs out. Accordingly, you’ll need to be frugal. Cut or Keep?

Startup 106

Startup Software Review Open Source Technical Review 106

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. I think you can blame Customer and Agile Development for a small part of it. Electron-based Venture Capital. Here’s why.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Austin Startup

MAY 11, 2017

We make a majority of our investments in those sectors and prioritize proven business models. 645 Ventures: A New Era of Venture Capital Investing Arena Growth Partners We help great leaders build great businesses. For most of us, we have been the only woman partner or senior executive in our firm.

Private Equity 48

Private Equity Venture Capital Technical Review Seed Stage 48

Steve Blank

SEPTEMBER 14, 2009

Over the same 30 years, Venture Capital firms have honed their skills and strategies to match Wall Streets needs to achieve liquidity for their portfolio companies. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

ReadWriteStart

JUNE 1, 2020

Once the order is fulfilled and paid for, the funds can be paid back. ? Research and development. In very few specific cases, depending on the nature of the business, the business model might demand a considerable gestation period or extensive research and development. Crowdfunding. Equity investors.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Lessons Learned

DECEMBER 14, 2017

Guest Post by Misti Yang, Writer for Lean Startup Co. Editor’s Note: We wrapped up the 2017 Lean Startup Week in San Francisco just a few weeks ago, and we’re excited to share with you some of the best lessons learned in entrepreneurship and corporate innovation. Because these Lean Startup people, they do crazy stuff,” Alex joked. “So

Lean 245

Lean Startup CTO Hire Cofounder 245

Steve Blank

JANUARY 20, 2014

When Customer Development and the Lean Startup were just a sketch on the napkin, Dino Vendetti, a VC at Bay Partners, was one of the first venture capitalists I shared my ideas with. Over the years we brainstormed about how Lean entrepreneurship would affect regional development. What’s Different.

Silicon Valley 312

Silicon Valley Oregon Lean Venture Capital 312

Up and Running

NOVEMBER 15, 2017

Even if you already know what a SWOT analysis is and what it’s used for, it can be tough to translate that information and examine your own business with a critical eye. Reading an example SWOT analysis for a business that is either in your industry or based on a comparable business model can help get you started.

Botswana 148

Botswana Business Plan Oregon Distribution 148

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. After Stanford, Ann joined Mike Maples’ Venture Capital firm Floodgate as a partner.

Business Model 226

Business Model Silicon Valley California Engineer 226

Steve Blank

JULY 1, 2014

Teams can prove their competence and validate their ideas by showing investors evidence that there’s a repeatable and scalable business model. While it doesn’t eliminate great investor judgment, pattern recognition skills and mentoring, we’ve developed an Investment Readiness Level tool that fills in these missing pieces.

Sacramento 306

Sacramento Framework Customer Development Lean 306

Steve Blank

JANUARY 21, 2016

You must also understand the value the product provides customers (along with the rest of your business model.). It ultimately failed because she was focused on engineering the product, but didn’t validate the rest of her business model (product/market fit, distribution channel, customer acquisition, etc.).

Detroit 120

Detroit Baltimore Entrepreneur Cofounder 120

Steve Blank

MARCH 5, 2015

On our first show, Monday March 9 th 4-6pm Pacific Time join me, as I chat with Alexander Osterwalder – inventor of the Business Model Canvas , and Oren Jacob, ex-CTO of Pixar and now CEO of ToyTalk on Sirius XM Radio Channel 111. Alex Osterwalder – Business Models. Oren Jacob – CEO ToyTalk.

Channel 120

Channel Venture Capital Lean Business Model 120

Steve Blank

NOVEMBER 8, 2013

The Petal Diagram drives your business model canvas. ” That’s handy if you’re using a Lean Startup methodology because the Petal Chart helps you identify your first potential customer segments on the business model canvas. Filed under: Customer Development , Teaching , Venture Capital.

Venture Capital 335

Venture Capital Customer Development Business Model Lean 335

Steve Blank

APRIL 10, 2009

Customer Development ) to help you quickly recognize and reverse any incorrect decisions. Customer Development) to help you quickly recognize and reverse any incorrect decisions.&# Reply Why Startups are Agile and Opportunistic -- Pivoting the Business Model , on April 14, 2010 at 6:32 am Said: [.]

Silicon Valley 300

Silicon Valley RSS Startup Agile 300

Steve Blank

JUNE 4, 2012

As the morning fog burns off the California coast, I am working with Steve Blank, preparing for the Lean LaunchPad Faculty Development Program we are running this August at U.C. Alex, vice provost for Innovation & Economic Development at Weber State University in Utah and completing his first year of teaching entrepreneurship.

Silicon Valley 305

Silicon Valley Lean Utah Customer Development 305

Steve Blank

AUGUST 20, 2013

What if we could increase productivity and stave the capital flight by helping Life Sciences startups build their companies more efficiently? Business Model Issues. Venture Capital Issues. Early stage Venture Capital for medical device startups has dried up. Business Model Issues.

Startup 294

Startup Venture Capital Lean IPO 294

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 to optimize this search. to optimize this search.

Wiki 311

Wiki Lean Management Business Model 311

Steve Blank

MARCH 26, 2014

For those who don’t know, I wrote the book Open Innovation in 2003, and followed it with Open Business Models in 2006, and Open Services Innovation in 2011. In this post, I want to share some new thoughts that build on Steve’s post, and connect them to Lean Startup methods. The internal venture must do all this, and more!

Startup 327

Startup Business Model Lean Russia 327

Both Sides of the Table

JUNE 22, 2011

Huge structural under-employment in much of the country and full employment in some niche tech markets where it’s impossible to hire developers, designers or sales professionals. Those with strong business models suddenly stand out when the tide goes out. If you are interested the Vimeo is here. You feel it, too.

Saudi Arabia 309

Saudi Arabia Valuation IPO Technical Review 309