Steve Blank

APRIL 14, 2013

business models. But for the last decade “innovation” in Chinese software meant something different than it did in Silicon Valley. Entrepreneurs in Beijing were knowledgeable about Silicon Valley, entrepreneurship and the state of software and tools available for two reasons. Perhaps it’s the weather.

China 323

China Silicon Valley Non-Compete Intellectual Property 323

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. Show the DoD how to engage Silicon Valley with challenging problems and build networks of people to solve them. Lead, follow or get the heck out of the way. In peacetime the U.S.

Silicon Valley 120

Silicon Valley Afghanistan Iraq Kuwait 120

Startup Professionals Musings

JULY 20, 2022

Does your business always seem to be trying to catch up with new competitors and changes in the marketplace? One of the things I learned from my years in Silicon Valley is that you must always focus on three steps ahead, as well as on what exists today. Look outside your industry for new technologies and models.

Silicon Valley 367

Silicon Valley Artificial Inteligence Global Agile 367

Steve Blank

MARCH 3, 2015

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. Given its inward focus, Berkeley has always been the neglected sibling in Silicon Valley entrepreneurship.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

Steve Blank

SEPTEMBER 5, 2018

Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. The mantra of “ first mover advantage ,” the idea that winners are the ones who are the first entrants in their market, became the conventional wisdom of investors in Silicon Valley.“ And it may work.

Lean 335

Lean Burn Rate Startup IPO 335

YoungUpstarts

AUGUST 30, 2011

Blackbox , founded by entrepreneurs Bjoern Lasse Herrmann and Max Marmer, in June released its first Startup Genome Report — a 67-page in depth analysis on what makes Silicon Valley startups successful based on profiling over 650 startups. If you’re a startup, you’re probably going to find this tool invaluable.

Silicon Valley 189

Silicon Valley Software Review Startup Cofounder 189

Up and Running

APRIL 25, 2014

The cast of “Silicon Valley” Image credit: HBO. Silicon Valley is a crazy place. I’ve opted not to return to the Valley for various reasons, but still have plenty of friends who work there and return regularly for business meetings. As the dot-com bubble was bursting, I left to work in the U.K.

Silicon Valley 104

Silicon Valley Business Plan Entrepreneur Cap Table 104

Startup Professionals Musings

JANUARY 31, 2021

If you sold your last startup for $800 million, you probably already know how to build a business, and even conservative investors won’t worry about the quality of your next business plan. An entrepreneur who can’t manage a plan, probably won’t be able to manage the new business.

Silicon Valley 342

Silicon Valley Exit Strategy Business Plan Restful 342

Steve Blank

MARCH 12, 2014

. — Teaching students to think like entrepreneurs not accountants. We wanted to teach our students how to think like entrepreneurs not accountants. The startups and the teaching team crafted a challenge for the kids to tackle using the Customer Development methodology, Lean Launchpad tools and the business model canvas.

Lean 334

Lean Customer Development Startup Silicon Valley 334

The Next Web

JULY 20, 2013

They speak about how they love to help entrepreneurs build successful companies, yet when I ask them to give me feedback on my business plan or idea, they usually don’t even bother writing me back. Yes, it is true that some entrepreneurs either don’t receive a response or get a pre-made template. VCs are arrogant.

Silicon Valley 124

Silicon Valley Mongolia Technical Cofounder Entrepreneur 124

SoCal CTO

NOVEMBER 10, 2009

He has a really interesting background as a product manager and now an entrepreneur. My first job out of school was at one of the early bioinformatics companies in Silicon Valley, working as the head of technical services. It was also beneficial because I got some good experience with both B2B and B2C business models.

Management 150

Management Product Entrepreneur Silicon Valley 150

Steve Blank

APRIL 14, 2013

business models. But for the last decade “innovation” in Chinese software meant something different than it did in Silicon Valley. Entrepreneurs in Beijing were knowledgeable about Silicon Valley, entrepreneurship and the state of software and tools available for two reasons. Perhaps it’s the weather.

China 215

China Silicon Valley Non-Compete Intellectual Property 215

Startup Professionals Musings

DECEMBER 14, 2022

Based on my years of experience in both startups and large companies, trusted relationships are more the key to success than a great business model, how smart you are, or how much money you have. Good entrepreneurs recognize that strong competitors are smart people as well, and it pays to learn from competitors.

Silicon Valley 284

Silicon Valley Bandwidth Angel Investor Equity 284

Mucker Lab

AUGUST 27, 2014

As an entrepreneur himself, founding and operating printed circuit board factories in Taiwan, my father was debating between two places to immigrate to and build his next new venture: Los Angeles (“The Valley” aka San Fernando Valley) and Santa Clara (“Silicon Valley”).

Los Angeles 138

Los Angeles Southern California Silicon Valley Technical Review 138

ReadWriteStart

MAY 5, 2011

At the final roundtable, we worked with just two entrepreneurs and then spent the rest of the time on Q&A, which in itself was interesting. We can derive GeoInvenio's business model and pricing model based on that. You can select the business you like best through a poll on the 1M/1M Facebook page.

Costa Rica 115

Costa Rica Incubator Silicon Valley India 115

Steve Blank

NOVEMBER 16, 2009

Eric Ries in Times Square For any model to be useful it has to predict what happens in the real world – including the web. I realized the Customer Development model needs to be clearer in what exactly a startup is supposed to do, regardless of the business model. “What is the “Business Model” of your startup?&#

Customer Development 219

Customer Development Web Developer Customer 219

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

Steve Blank

AUGUST 15, 2016

But to do it, you need to actually have a sustainable business model. I don’t recommend anyone become an entrepreneur. Starting a business is too risky. The tools and temperament needed to get from startup idea to startup success were the focus of the guests on today’s Entrepreneurs are Everywhere radio show.

Cofounder 142

Cofounder Entrepreneur Africa Sales Cycle 142

ReadWriteStart

MAY 19, 2011

During today's roundtable, we opened the session with a discussion of the existential crisis in media and how talented bloggers and journalists are facing a tough time sustaining themselves due to lack of business models. What I like about the dynamics of 1M/1M today is that we're starting to see entrepreneurs make definitive progress.

India 115

India Silicon Valley Entrepreneur Affiliate 115

Steve Blank

AUGUST 15, 2016

But to do it, you need to actually have a sustainable business model. I don’t recommend anyone become an entrepreneur. Starting a business is too risky. The tools and temperament needed to get from startup idea to startup success were the focus of the guests on today’s Entrepreneurs are Everywhere radio show.

Cofounder 120

Cofounder Entrepreneur Africa Sales Cycle 120

Startup Professionals Musings

OCTOBER 17, 2022

Examples of some leaders in this space include Ron Conway in Silicon Valley and Jeff Bezos , CEO of Amazon, who each may have over 500 startups in their portfolio. Yet, in my view, every early-stage entrepreneur should be exploring this new funding alternative before approaching VCs.

Angel Investor 342

Angel Investor Venture Capital Silicon Valley Portfolio 342

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.

Detroit 120

Detroit Baltimore Entrepreneur Cofounder 120

Steve Blank

JUNE 8, 2021

The trick is we use the same Lean LaunchPad / I-Corps curriculum — and the same class structure – experiential, hands-on– driven this time by a mission -model not a business model. Steve Weinstein , 30-year veteran of Silicon Valley technology companies and Hollywood media companies. He runs H4X Labs.

Lean 385

Lean Security Asia SBIR 385

Steve Blank

NOVEMBER 13, 2012

By then, I had become a venture capitalist at Mitsui Sumitomo Insurance and found myself talking to a lot of entrepreneurs who were proclaiming their great technology yet were struggling with little revenue, and claiming they were “crossing the chasm”. We kept talking, with Steve asking “How long are you staying in Silicon Valley?”

Japan 292

Japan Customer Development Developer Customer 292

Duct Tape Marketing

APRIL 6, 2022

Founders Space was ranked the #1 incubator for overseas startups by Forbes and Entrepreneur Magazines. Steve is also the author of Surviving a Startup: Practical Strategies for Starting a Business, Overcoming Obstacles, and Coming Out on Top. But I, what I wanna do in the a book is tell entrepreneurs, you can't just dive into it.

San Francisco 97

San Francisco Technical Review Incubator Silicon Valley 97

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.

Silicon Valley 225

Silicon Valley Non-disclosure Agreement NDA Startup 225

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.)

Customer 195

Customer Silicon Valley RSS California 195

Steve Blank

AUGUST 31, 2009

Startups don’t fail because they lack a product; they fail because they lack customers and a profitable business model. Look at the Product Development model and you might wonder, “Where are the customers?” Look at the early Silicon Valley companies – Homebrew Club =>PCs. before you ship.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

APRIL 23, 2018

A version of this article appeared in the Harvard Business Review. The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. Who was the entrepreneur who founded what would become General Motors 16 years earlier, in 1904?

Michigan 268

Michigan Cofounder Stock Forecast 268

Steve Blank

SEPTEMBER 16, 2010

Along the way I also learned yet another way entrepreneurs see the world differently from their investors. Even back then the advisor was a well-known name in Silicon Valley. Founding CEO’s are supposed to search for a repeatable business model, not just blindly execute their original plan. Advisory Board.

Advisory Board 260

Advisory Board Part-Time VPE CTO Hire Stock 260

YoungUpstarts

DECEMBER 27, 2011

Asia – especially in countries such as India, China, Vietnam – is fast becoming the place where many entrepreneurs, whether locally born or lured back from Silicon Valley, are setting up shop. Finally, Fannin offers strategies for success for the aspiring (or current) entrepreneur.

Asia 167

Asia Technical Review Vietnam Singapore 167

Hippoland

JULY 6, 2018

From that perspective, things have been mostly rosy in the Silicon Valley for startups! except for 2008-2009, which is another story) But, I think we’re in trouble, Silicon Valley. In some sense, this is also tied to your business model. I went to college during the bust.

Silicon Valley 48

Silicon Valley San Francisco Portugal Ireland 48

Hippoland

JULY 6, 2018

From that perspective, things have been mostly rosy in the Silicon Valley for startups! except for 2008-2009, which is another story) But, I think we’re in trouble, Silicon Valley. In some sense, this is also tied to your business model. I went to college during the bust.

Silicon Valley 48

Silicon Valley San Francisco Portugal Ireland 48

Startup Professionals Musings

MARCH 16, 2020

Based on my years of experience in both startups and large companies, trusted relationships are more the key to success than a great business model, how smart you are, or how much money you have. Good entrepreneurs recognize that strong competitors are smart people as well, and it pays to learn from competitors.

Silicon Valley 312

Silicon Valley Bandwidth Angel Investor Equity 312

ReadWriteStart

FEBRUARY 3, 2011

It is particularly satisfying for me to work with these entrepreneurs because I have long believed that India needs to diversify out of pure labor arbitrage. But in the end, I believe, we have arrived at a better place as an industry where Indian entrepreneurs are thinking beyond outsourcing. IRTEX: Indian Road Transportation Exchange.

Entrepreneur 118

Entrepreneur India Technical Review Los Angeles 118

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.

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Steve Blank

DECEMBER 27, 2011

I was lucky enough to get interviewed by Rob Morris of American Entrepreneur Radio. Click here to listen to the interview: Steve Blank American Entrepreneur Radio interview. The following week Ron Morris interviewed Regis McKenna , who for decades was the “gold standard” for high tech Public Relations in Silicon Valley.

Silicon Valley 224

Silicon Valley Entrepreneur Public Relations Business Model 224