Steve Blank

MARCH 31, 2015

BMNT , a new Silicon Valley company, is combining the Lean Methods it learned in combat with the technology expertise and speed of startups. The OODA Loop was the Lean Startup philosophy before lean. In 2010 Colonel Peter Newell took over the REF and turned its focus into what we would call a Lean Startup.

Silicon Valley 120

Silicon Valley Afghanistan Iraq Kuwait 120

Steve Blank

JUNE 12, 2020

And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a business model. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. He runs H4X Labs.

Oakland 301

Oakland Asia Lean Video 301

Steve Blank

NOVEMBER 16, 2009

However the Customer Development Model and the Lean Startup work equally well for startups on the web. Union Square Ventures The next morning I got to spend time with Brad Burnham , partner at Union Square Ventures talking about their investment strategy and insights about web-based businesses.

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Steve Blank

APRIL 10, 2009

Filed under: Customer Development , Technology | Tagged: Customer Development , Early Stage Startup , Entrepreneurs , Startups , Steve Blank « SuperMac War Story 6: Building The Killer Team – Mission, Intent and Values Story Behind “The Secret History” Part IV: Library Hours at an Undisclosed Location » 17 Responses Michael F.

Silicon Valley 300

Silicon Valley RSS Startup Agile 300

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

Steve Blank

AUGUST 31, 2009

And how thinking of a solution to this commonly used model’s failures led to a new model – the Customer Development Model – that offers a new way to approach startup activities outside the building. Startups don’t fail because they lack a product; they fail because they lack customers and a profitable business model.

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Steve Blank

JANUARY 21, 2016

You must also understand the value the product provides customers (along with the rest of your business model.). These topics were the focus of interviews with the latest guests on Entrepreneurs are Everywhere , my radio show on SiriusXM Channel 111 (airing weekly Thursdays at 1 pm Pacific, 4 pm Eastern). Tiffani Bell.

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Detroit Baltimore Entrepreneur Cofounder 120

Steve Blank

DECEMBER 7, 2009

I was out and about in Silicon Valley doing what I would now call Customer Discovery trying to understand how marketing departments in large corporations worked. I remember presenting our ideas for Marketing Automation to one VP of Marketing in a large Silicon Valley company. It’s just a story about what happened to me.

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Steve Blank

NOVEMBER 27, 2012

One of the great things about being a retired entrepreneur is that I get to give back to the community that helped me. I assembled this collection of free and almost free tools, class syllabi, presentations, books, lectures, videos in the hope that it can make your path as an entrepreneur or educator easier. Free: Startup Tools.

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Open Source Silicon Valley Lean Customer Development 335

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. Part 1: Bend, Oregon Ecosystem and Entrepreneurs.

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Silicon Valley Oregon Lean Venture Capital 312

Steve Blank

SEPTEMBER 24, 2009

Pattern Recognition One of the great things about being an entrepreneur is that you are constantly running a pattern recognition algorithm against a continual collection of customer and market data. But at times it’s why entrepreneurs can sink their own companies. More on this in later posts.)

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Customer Silicon Valley RSS California 195

Up and Running

MAY 3, 2012

Entrepreneurship continues to be a sexy topic for governments, with every country worth its salt trying to create its own tech hub, mimicking Silicon Valley. After all, entrepreneurs can do many good things, not least to create wealth and employment, pay taxes and help the balance of trade through exports.

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

Steve Blank

JUNE 11, 2009

And I remind them that they should be bringing some type of domain expertise (technical or business) to the table. Other Roles in a Startup Generic advice given to entrepreneurs assumes that everyone is going to be the founder/co-founder. By now the company may have found and settled on a repeatable business model.

Cofounder 219

Cofounder Founder Silicon Valley Technical Cofounder 219

Steve Blank

SEPTEMBER 14, 2009

One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. There’s lots of lore, emotion, and misconceptions of what VC’s do or don’t do for entrepreneurs. In this time, building a successful business meant building a company that had paying customers quarter after quarter.

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Silicon Valley IPO Technical Review Venture Capital 217

The Startup Magazine

JUNE 1, 2023

By Daniel Sokolovksy, Co-Founder and CEO, WARP and Troy Lester, Co-Founder and CRO, WARP The dissolution of Silicon Valley Bank (SVB) was more than just a bank collapse, it was a reality check for both startups and the VCs that fund them. And they probably never will be unless business model viability is reassessed across the board.

Early Stage 110

Early Stage Los Angeles Silicon Valley Cofounder 110

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. Class Logistics. As described in the previous post , this is a hands-on class.

Business Model 226

Business Model Silicon Valley California Engineer 226

Steve Blank

JUNE 25, 2009

If you’ve tried to slog your way through my book on Customer Development you know that I’m insistent that the founders need to be the ones getting outside the building (physically or virtually) to validate all the initial hypotheses of the business model and product. Find out Memorex’s position in Silicon Valley.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

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. The tools and techniques available to small businesses on Main Street are the same ones that were being used for the last 75 years. Serendipity.

Silicon Valley 305

Silicon Valley Lean Utah Customer Development 305

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. When I first came to Silicon Valley the world of Venture Capital looked pretty simple. VC’s invested in things that ran on electrons: hardware, software and silicon. Here’s why.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Steve Blank

JANUARY 22, 2013

My co-author and business Partner Bob Dorf spends much of his time traveling the world teaching countries and companies how to run the Lean LaunchPad program. SENA and the Colombian Ministry of IT: targeting 15,000 young entrepreneurs. The hands-on Lean LaunchPad program offers the most intense support of all.

Colombia 321

Colombia Lean Silicon Valley Coder 321

crowdSPRING Blog

NOVEMBER 30, 2012

Start With a Business Model, Not a Business Plan | WSJ – [link]. An Entrepreneur’s Guide To Patents: How To Determine Whether They Are Right For Your Company | TechCrunch – [link]. The problem with a Lean Startup: the Minimum Viable Product | Paul Kortman – [link]. – [link].

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Social Media Small Business Central African Republic Design 100

Startup Lessons Learned

NOVEMBER 7, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference. We’re dedicated to making The Lean Startup Conference unlike other entrepreneurship conferences. Early-stage entrepreneurs; people participating in startrup incubator or accelerator programs; and bootstrappers. Here are the details for each group.

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Up and Running

MARCH 11, 2015

Whether or not you’re raising money for your business, getting advice from venture capitalists can be invaluable. But, getting in the doors of a Sand Hill Road VC in Silicon Valley can be an incredibly difficult undertaking. Inside the Minds of Top Venture Capitalists: Blogs You Need to Read to Understand How VCs Think.

Venture Capital 60

Venture Capital Technical Review Silicon Valley Cofounder 60

Steve Blank

JANUARY 22, 2013

My co-author and business Partner Bob Dorf spends much of his time traveling the world teaching countries and companies how to run the Lean LaunchPad program. SENA and the Colombian Ministry of IT: targeting 15,000 young entrepreneurs. The hands-on Lean LaunchPad program offers the most intense support of all.

Colombia 271

Colombia Lean Silicon Valley Coder 271

Steve Blank

JUNE 7, 2019

And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a business model. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. Team: IntelliSense.

Oakland 266

Oakland Lean SBIR Afghanistan 266

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. Why It’s “Silicon” Valley. It might be its most important.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

Both Sides of the Table

APRIL 19, 2011

He tells the story of how he was out of cash, stressed out, nobody in LA or Silicon Valley would give him money, he had finally found an investor in Minneapolis but his venture bank was going to shut him down for breaking a “covenant&# in their agreement by not having enough cash in the bank. combination of factors –.

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

Steve Blank

JULY 28, 2011

Silicon Valley was born in an era of applied experimentation driven by scientists and engineers. This approach would shape Silicon Valley’s entrepreneurial ethos: In startups, failure was treated as experience (until you ran out of money). Yet this system isn’t perfect. – seems like another planet.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Steve Blank

JUNE 2, 2011

Reinventing the board meeting may allow venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Silicon Valley, New York). Startups now understand what they should be doing in their early formative days is search for a business model.

Silicon Valley 281

Silicon Valley Business Model Early Stage Venture Capital 281

Steve Blank

DECEMBER 30, 2014

Our Lean Launchpad® for Life Sciences is one of them. ———– The National Institutes of Health recognizes that Life Science/Health Care commercialization has two components: the science/technology, and the business model. New approaches to translational medicine have emerged.

San Diego 261

San Diego North Carolina Chicago Lean 261

Steve Blank

APRIL 30, 2009

Luckily (or maybe because we were in Silicon Valley where there was a domain expert for everything) there was a very smart consultant in the retail computer space, Seymour Merrin, who preached about the importance of packaging. Steve Blanks 30 years of Silicon Valley startup advice. To Order Outside of the U.S.

Sales 120

Sales Silicon Valley RSS Las Vegas 120

ConversionXL

SEPTEMBER 6, 2013

Steve Blank, a serial entrepreneur in Silicon Valley, developed a methodology for creating businesses that runs in parallel with the traditional product development process. Startups rarely survive by guessing, and can only create products and business models based on facts about their target market.

Customer Development 126

Customer Development Conversion Developer Customer 126

Up and Running

DECEMBER 7, 2012

The startup mythology is that entrepreneurs don’t actually plan. That’s just not reality for 99.999% of entrepreneurs. The goal of any business is to find a scalable and repeatable business model. So, what’s a business model? Let’s start with a quick definition of what a business model is.

Business Model 105

Business Model Developer Silicon Valley Business Plan 105

crowdSPRING Blog

MAY 10, 2013

Defending the Brash Arrogance of Silicon Valley | by Mike Greenfield – [link]. It’s difficult to fake corporate culture | Business Insider – [link]. How a 1-Page Business Model Will – and Won’t–Help Your Lean Startup | by Kevin Dewalt – [link]. 10 Myths about Startups – [link].

Social Media 93

Social Media Small Business Design Media 93

Steve Blank

AUGUST 1, 2016

Based on those results we believe that we can do the same with Diplomacy so working with the State Department’s innovation cell in Silicon Valley we will prototype the Hacking for Diplomacy course at Stanford this fall. (see the final Hacking for Defense class presentations here ). Result: Hell yes.

Silicon Valley 128

Silicon Valley Southern California San Diego Lean 128

Steve Blank

MARCH 18, 2011

The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. For VC’s and entrepreneurs the gold rush to liquidity was on. 2001 – 2010: Back to Basics: The Lean Startup. Carpe Diem.

Internet 334

Internet IPO Silicon Valley Agile 334

Steve Blank

AUGUST 1, 2016

Based on those results we believe that we can do the same with Diplomacy so working with the State Department’s innovation cell in Silicon Valley we will prototype the Hacking for Diplomacy course at Stanford this fall. (see the final Hacking for Defense class presentations here ). Result: Hell yes.

Silicon Valley 120

Silicon Valley Southern California San Diego Lean 120