Steve Blank

JUNE 26, 2015

government to help them innovate faster– not just kind of fast, but 10x the number of initiatives in 1/5 the time. 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.

Lean 120

Lean Management Business Model Incubator 120

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 283

Engineer Silicon Valley United States Intellectual Property 283

Steve Blank

MARCH 3, 2015

During the Cold War with the Soviet Union, science and engineering at both Stanford and U.C. Starting in the 1950’s, Stanford’s engineering department became “outward facing” and developed a culture of spinouts and active faculty support and participation in the first wave of Silicon Valley startups. The Business Plan is Dead.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

Steve Blank

JULY 25, 2023

This meant the class was team-based, Lean-driven (hypothesis testing/business model/customer development/agile engineering) and experiential – where the students, rather than being presented with all of the essential information, must discover that information rapidly for themselves. What is unique about Wicked Problems?

Lean 295

Lean Chile Ukraine Spain 295

ReadWriteStart

OCTOBER 13, 2011

I was invited to Finland as part of Stanford's Engineering Technology Venture Program partnership with Aalto University. A government that's trying to help, but gets in the way. It's hard enough to pick which existing companies with known business models to aid. 9-to-5 Venture Capital.

Finland 158

Finland Venture Capital Government Russia 158

Steve Blank

JULY 13, 2021

In 1908 Harvard Business School filled that need by creating a graduate degree – the Master of Business Administration. When Harvard started the MBA program there were no graduate-level business textbooks. Entrepreneurship Becomes a Subject in Business Schools. There were no classes on how to start a business.

Lean 436

Lean Agile Business Model Business Plan 436

Austin Startup

FEBRUARY 5, 2019

Last year, the UK Department of Business, Energy, and Industrial Strategy announced a fund of £72 million for construction techniques with an emphasis on developments in virtual reality. This is a great initiative by UK government to digitize the construction industry. How do you expect Tunnelware will play a role?

Artificial Inteligence 50

Artificial Inteligence Germany Startup Hungary 50

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 310

Engineer Silicon Valley United States Venture Capital 310

Steve Blank

MAY 29, 2019

My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.” Today the capstone class is most often experiential, team-based, hands on, focused around the search for a repeatable and scalable business model. It wasn’t really part of the job as an educator.

Incubator 332

Incubator Lean Programming Government 332

Steve Blank

OCTOBER 26, 2013

This month we’ve crossed ~ 300 teams in the first two years through the program. It’s a model for a government program that’s gotten the balance between public/private partnerships just right. The program pays scientists $50,000 to attend the program and takes no equity. Lessons Learned.

Lean 266

Lean Washington Incubator Agile 266

Steve Blank

JUNE 7, 2019

The eight teams spoke to over 820 beneficiaries, stakeholders, requirements writers, program managers, warfighters, legal, security, customers, etc. 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. Team: Panacea.

Oakland 276

Oakland Lean SBIR Afghanistan 276

ReadWriteStart

FEBRUARY 13, 2020

Government-led programs like the Startup Visa Program and the Global Talent Stream are proving successful in attracting quality talent. To date, some 1,000 technology companies have hired 4,000 workers through the program. These workers are recruited to work in international development offices.

Canada 127

Canada Government Venture Capital Early Stage 127

YoungUpstarts

JULY 14, 2016

When times are tough — and they often are for small and medium-sized businesses (SMBs) — the most innovative thing you can do is figure out a way to keep the operation running at full strength from one day to the next. With initiatives like the SkillsFuture program in Singapore, opportunities are aplenty.

Singapore 100

Singapore Asia Analytics Cloud 100

Steve Blank

JULY 20, 2015

My guests on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Errol Arkilic , former program director for the National Science Foundation Innovation Corps (NSF I-Corps), now founder of M34 Capital. to put together a mentorship program [for academic scientists]. Steve Weinstein , CEO of MovieLabs.

Government 120

Government Channel Southern California Lean 120

ReadWriteStart

DECEMBER 2, 2010

During this week's roundtable, one of the questions that I answered was about the One Million by One Million program's plans around supporting social enterprises. Well, 1M/1M is focused on helping businesses generate $1M in annual revenue, whatever be the nature of the business. million financing round for. Voices.com.

India 116

India Green Silicon Valley Massachusetts 116

Steve Blank

SEPTEMBER 14, 2017

. — I just watched a very smart company try to manage innovation by hiring a global consulting firm to offload engineering from “distractions.” An existing company or government organization is primarily organized for day-to-day execution of its current business processes or mission. There’s a much better way.

Incubator 316

Incubator Curation Engineer Government 316

Steve Blank

JULY 23, 2014

——– The I-Corps program started when the U.S. Their goal was to train University scientists and researchers to use Lean Startup methods (business model design, customer development and agile engineering) to commercialize their science. National Science Foundation adopted my Lean LaunchPad class.

Lean 287

Lean Minnesota Jordan Agile 287

Steve Blank

AUGUST 4, 2016

Hacking for Diplomacy is a new course from the Management Science and Engineering department in Stanford’s Engineering school and Stanford’s International Policy Studies program that will be first offered in the Fall of 2016. diplomats, government officials, and all other personnel at home and abroad.

Lean 164

Lean Government Agile Africa 164

Startup Lessons Learned

SEPTEMBER 15, 2008

I also owe a great debt to Kent Beck, whose Extreme Programming Explained: Embrace Change was my first introduction to this kind of thinking. (So 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

Steve Blank

NOVEMBER 6, 2012

They will be relegated to creating better mousetraps or cloning other countries’ business models. In the last few years I’ve traveled to lots of countries that understand that the rise of entrepreneurship will be an economic engine for the 21 st century. Entrepreneurs as Dissidents. Lessons Learned.

Entrepreneur 335

Entrepreneur United States Customer Development Business Model 335

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

Steve Blank

MAY 12, 2015

After seeing the results of 500+ teams through the I-Corps, the NSF now offers all teams who’ve received government funding to start a company an introduction to building a Lean Startup. Here’s Edmund’s description of the I-Corps Lite program. SBIR/STTR Program and Startup Seed Funding. were funded by the SBIR program.

SBIR 120

SBIR Maryland Lean Seed Stage 120

Steve Blank

OCTOBER 3, 2016

The program examines the DNA of entrepreneurs: what makes them tick, how they came up with their ideas; and explores the habits that make them successful, and the highs and lows that pushed them forward. Prior to Tachyus, Dakin co-founded OpenGov , a platform to share, visualize, and analyze government financial data.

Cofounder 279

Cofounder Silicon Valley Entrepreneur EC2 279

Steve Blank

OCTOBER 3, 2016

The program examines the DNA of entrepreneurs: what makes them tick, how they came up with their ideas; and explores the habits that make them successful, and the highs and lows that pushed them forward. Prior to Tachyus, Dakin co-founded OpenGov , a platform to share, visualize, and analyze government financial data.

Cofounder 279

Cofounder Silicon Valley Entrepreneur EC2 279

Steve Blank

AUGUST 4, 2016

Hacking for Diplomacy is a new course from the Management Science and Engineering department in Stanford’s Engineering school and Stanford’s International Policy Studies program that will be first offered in the Fall of 2016. diplomats, government officials, and all other personnel at home and abroad.

Lean 120

Lean Government Agile Africa 120

Steve Blank

AUGUST 20, 2013

One would think that designing a medical device would be a simple engineering problem, and startups would be emerging right and left. Business Model Issues. government is the leading payer for most of health care, and under ObamaCare the government’s role in reimbursing for medical technology will increase.

Startup 299

Startup Venture Capital Lean IPO 299

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 288

Silicon Valley Business Model Early Stage Venture Capital 288

Steve Blank

FEBRUARY 19, 2015

Stephen and SynbiCITE , just launched the world’s first Lean LaunchPad for Synthetic Biology program. 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. Here’s his story.

Lean 120

Lean Startup Massachusetts Merger 120

Austin Startup

AUGUST 20, 2017

Board and Governance issues arise from day one in most startups. Your business works as intended if you can attract customers that fit into the context of your operation. Do they perceive enough value to pay prices that create for you a profit margin that matches your business model? Are the logistics manageable?

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Austin Startup

MARCH 1, 2018

Engineering Serendipity Making real connections starts with having the right people in the room. Expect to see it full of incredible people and programming 24/7! Sure, there will be celebrities and TV cameras but the real action will be the serendipity of the people you meet. Serendipity is what SXSW is all about.

Technical Review 89

Technical Review Austin Texas Cofounder 89

Steve Blank

AUGUST 1, 2016

Multiple teams have been engaged by government, prime contractor and VC firms for follow-on discussions/engagements. Fourth , would the same Lean Startup methodology (business model design, customer development and agile engineering) used in the Lean LaunchPad and NSF I-Corps class work here? Result: Hell yes.

Silicon Valley 129

Silicon Valley Southern California San Diego Lean 129

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 229

South Dakota Business Model Lean United States 229

Steve Blank

AUGUST 1, 2016

Multiple teams have been engaged by government, prime contractor and VC firms for follow-on discussions/engagements. Fourth , would the same Lean Startup methodology (business model design, customer development and agile engineering) used in the Lean LaunchPad and NSF I-Corps class work here? Result: Hell yes.

Silicon Valley 120

Silicon Valley Southern California San Diego Lean 120

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 103

Elevator Pitch Incubator Technical Review Startup 103

Startup Professionals Musings

JULY 1, 2010

In my opinion, real pain points for most people do not require a new user interface for Facebook, a new programming platform for app development, or even the Apple iPad. Other countries can provide e-commerce with different business models, outsource manufacturing at low cost, and a huge market for new products.

Haiti 207

Haiti Iceland Chile Startup 207

Steve Blank

JANUARY 26, 2016

Hacking for Defense is a new course at Stanford’s Engineering School in the Spring of 2016. They can do so because most have little legacy organizational baggage, no government overhead, some of the best software talent in the world, cheap manpower costs, no career risk when attempting new unproven feats and ultimately no fear of failure.

Silicon Valley 120

Silicon Valley North Korea Agile Lean 120

Austin Startup

FEBRUARY 20, 2020

Richard Ma , CEO and Co-Founder at Quantstamp, who works to manage product strategy, engineering and strategic partnerships, talked about co-founding the Smart Contract Security Alliance, advances in how blockchain is being used to solve complex problems, and his ethos of “give, give, get.” ETHDenver , which took place Feb.

San Francisco 97

San Francisco Cofounder Colorado Security 97