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 18, 2016

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. Machine Learning Meets Lean – Berkeley Lean LaunchPad Class. They came together over a personal pain – the inability to afford a house in Silicon Valley.

Artificial Inteligence 318

Artificial Inteligence Lean Exit Strategy Startup 318

Steve Blank

MAY 18, 2009

What makes an individual a great startup founder (versus an employee) has been something I had been thinking about since I retired. A Day in the Life of A Founder For those of you who’ve never started a company, let me assure you that it never happens like the pleasant articles you read in business magazines or in case studies.

Founder 297

Founder Silicon Valley RSS China 297

Startup Lessons Learned

JULY 11, 2019

She’s also a founding member of All Raise, a non-profit committed to improving diversity in both funders and founders. Ann will be speaking at this year’s Lean Startup Conference in October about all of this and more. That meant that if the change was starting on the founders side, then there had to be a change on the financing side.

Founder 68

Founder Lean Venture Capital Cofounder 68

Steve Blank

AUGUST 25, 2015

I’ve spent this year working with corporations and government agencies that are adopting and adapting Lean Methodologies. Several pockets of innovation in his agency have begun to look to startups and have tried to adopt lean methods. —– What Have We Lost? Yet today at dinner his frustration just spilled out.

Lean 120

Lean Entrepreneur Business Model Silicon Valley 120

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.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

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.

Customer Development 219

Customer Development Web Developer Customer 219

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 Lessons Learned

JANUARY 10, 2011

This week, the startup tribe from Harvard Business School is making their annual trek to Silicon Valley. It’s a common refrain around Silicon Valley to disparage the role of MBA’s in entrepreneurship. Except when a startup is busy “pivoting” all the time, running around in circles.

Silicon Valley 167

Silicon Valley San Francisco Lean Investment Bankers 167

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? The Traditional VC Pitch Entrepreneurs who pursue the traditional product development model don’t have customer data to answer these questions. Can it scale?”

Customer Development 262

Customer Development Developer Customer Silicon Valley 262

Steve Blank

SEPTEMBER 24, 2009

The Founder’s New Insight Smart founders are never satisfied with simply executing their current business model, they are constantly observing, orienting and deciding whether their current business model can be made better. It’s a natural part of learning about your customers and business model.)

Customer 195

Customer Silicon Valley RSS California 195

Steve Blank

NOVEMBER 27, 2012

The Lean LaunchPad course online. I teach potential founders a hands-on, experiential class called the Lean LaunchPad at Berkeley, Stanford, Columbia and Caltech. The class teaches the three basic skills all entrepreneurs need to know: business model design. Visitors Guide to Silicon Valley.

Open Source 335

Open Source Silicon Valley Lean Customer Development 335

Steve Blank

NOVEMBER 30, 2009

In a startup the role of Customer Development is to: test the founders hypothesis about the customer problem test if the product concept and minimum feature set solve that problem This is a big idea and worth repeating. One question: which “endianness&# did the founders at this startup expect the chip would have?

Customer Development 278

Customer Development Developer Customer Silicon Valley 278

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. As a founder, ask yourself – does your business actually warrant VC funding?

Early Stage 112

Early Stage Los Angeles Silicon Valley Cofounder 112

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. Job creation in Bend is everyone’s business.

Silicon Valley 312

Silicon Valley Oregon Lean Venture Capital 312

YoungUpstarts

MARCH 16, 2014

The Kauffman Foundation probably thinks that it’s a great way to share entrepreneurship resources too, which is why they have the Kauffman Founders School , an online video education program targeted at entrepreneurs to help them learn the critical lessons anytime, anywhere that will help them and their business succeed.

Video 221

Video Founder Silicon Valley Lean 221

Steve Blank

NOVEMBER 18, 2016

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. Machine Learning Meets Lean – Berkeley Lean LaunchPad Class. They came together over a personal pain – the inability to afford a house in Silicon Valley.

Artificial Inteligence 120

Artificial Inteligence Lean Exit Strategy Startup 120

crowdSPRING Blog

NOVEMBER 30, 2012

How Small Businesses Can Compete with Big Business – [link]. crowdSPRING’s Small Business Spotlight of the Week: mor.sl | crowdSPRING Blog – [link]. The Founders Lie About Comfort Zones – [link]. How To Choose A Market For Your Startup Or Small Business – [link]. – [link].

Social Media 100

Social Media Small Business Central African Republic Design 100

Steve Blank

JANUARY 21, 2016

If you’re a technical startup founder, one of the painful lessons is that it’s not enough just to build a great product. You must also understand the value the product provides customers (along with the rest of your business model.). Clay Hebert , founder of Crowdfunding Hacks. Clay Hebert.

Detroit 120

Detroit Baltimore Entrepreneur Cofounder 120

Steve Blank

JULY 13, 2009

Our “Hollywood meets Silicon Valley” story played great in Silicon Valley, they ate it up in Hollywood, and the business press tripped over themselves to talk to us. Hype before shipping any product is an obvious flaw, but what about hyping products that have shipped but have zero business model?

Silicon Valley 122

Silicon Valley Product RSS California 122

Startup Lessons Learned

APRIL 3, 2017

Guest post by Melissa Moore & Jennifer Maerz of Lean Startup Co. Over the last eight years, we’ve learned that our Lean Startup community members are constantly searching for better ways to build and scale products. senior faculty member Jonathan Bertfield The importance of creating islands of freedom, with Lean Startup Co.

New York 108

New York Lean Cofounder Silicon Valley 108

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

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. This is the home of Jason Cohen, software startup founder, bootstrapper, investor, and mentor.

Venture Capital 60

Venture Capital Technical Review Silicon Valley Cofounder 60

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

FEBRUARY 26, 2020

What most founders don’t realize is: Every stage of a startup requires a different set of metrics and milestones and founder skills. Knowing these will help a founder position her pitch to get investors’ attention. Founders need to keep their eye on the prize — not just the next funding round. Business Model.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

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

Startup Professionals Musings

SEPTEMBER 16, 2011

This reality has fostered a popular new startup approach which dramatically improves the efficiency and speed of these corrections, pioneered by Silicon Valley entrepreneur and author Eric Ries. Many founders envision their solution as a platform for future products, but don’t have a single killer application just yet.

Lean 255

Lean Entrepreneur Silicon Valley Architecture 255

Steve Blank

OCTOBER 21, 2015

And great founders never stop to wonder if they’re qualified to do a startup. Joining me in the Stanford University studio were: Betsy Corcoran , co-founder and CEO of the education technology news site EdSurge. Betsy Corcoran. Miriam Altman. Listen to the full interviews by downloading them from SoundCloud here and here.

Entrepreneur 120

Entrepreneur Cofounder Washington New York City 120

Steve Blank

JUNE 7, 2019

Our keynote speaker was Palmer Luckey , founder of Oculus and the designer of the Oculus Rift. He’s now the CEO/founder of the AI-focussed defense contractor Anduril Industries. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. Presentation Format.

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

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. The hands-on Lean LaunchPad program offers the most intense support of all. The first 8-week Lean LaunchPad Colombia program.

Colombia 321

Colombia Lean Silicon Valley Coder 321

Steve Blank

MAY 7, 2009

At a university business plan competition, for the first time they can swim in the sea of expertise that we/I take for granted in the middle of Silicon Valley. I love business plan competitions (and with my valley-centric bias, I think Berkeley and Stanford have two of the best.) I now think that was a mistake.

Business Plan 140

Business Plan Silicon Valley RSS Venture Capital 140

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

Both Sides of the Table

APRIL 19, 2011

I recently sat down with Matt Coffin , the founder of LowerMyBills, which sold for $400 million but was very nearly a bankruptcy only a few years early, and talked “startups.&#. Lean startup: o It’s situational so some businesses are operationally/people intensive, high LTV (lifetime value) means you can spend more upfront.

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

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. The hands-on Lean LaunchPad program offers the most intense support of all. The first 8-week Lean LaunchPad Colombia program.

Colombia 271

Colombia Lean Silicon Valley Coder 271

steveblank.com

JULY 8, 2011

AgileZen – project management visually see and interact with your work Kanbanery – Simple online team or personal kanban board LeanKit Kanban – Great for visualizing work of product development Kanban Pad – “Nice and lean” and free online Kanban tool Banana Scrum – A tool simple as Scrum itself.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Steve Blank

OCTOBER 3, 2014

— Its been three and a half years since I first designed and taught the Lean LaunchPad class and lots of water has gone under the bridge since then. Like in all our Lean Launchpad classes we teach a combination of theory coupled with intense and immersive experiential learning outside the classroom. The Autonomous Lawnmower.

Lean 272

Lean Silicon Valley Customer Development Incubator 272