Steve Blank

APRIL 10, 2009

Reply Why Startups are Agile and Opportunistic -- Pivoting the Business Model , on April 14, 2010 at 6:32 am Said: [.] to see if they need to make a Pivot to find a better model. The search for a profitable and scalable business model might require a startup [.] Reply Leave a Reply Click here to cancel reply.

Silicon Valley 302

Silicon Valley RSS Startup Agile 302

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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Customer Development Developer Customer Silicon Valley 241

Both Sides of the Table

JUNE 22, 2011

But a certain amount gets lost in the headlines – especially when not everybody actually heard the video and knows the nuance of the message. Those with strong business models suddenly stand out when the tide goes out. It’s what I love about entrepreneurship and about venture capital. Fair enough.

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Saudi Arabia Valuation IPO Technical Review 309

Startup Lessons Learned

APRIL 18, 2010

Lessons Learned by Eric Ries Sunday, April 18, 2010 Four myths about the Lean Startup Myth: Lean means cheap. Lean startups try to spend as little money as possible. Truth: The Lean Startup method is not about cost, it is about speed. Myth: The Lean Startup methodology is only for Web 2.0/internet/consumer

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Lean San Francisco Continuous Deployment Startup 167

crowdSPRING Blog

NOVEMBER 30, 2012

Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Want Venture Capital Funding?

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Social Media Small Business Central African Republic Design 100

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.)

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Customer Silicon Valley RSS California 201

Steve Blank

JANUARY 21, 2013

Jim Hornthal splits his time between venture capital, entrepreneurship and education. Berkeley, joined me in launching the National Science Foundation Innovation Corps class and now has been teaching his own Lean LaunchPad class at Princeton. These notes were derived (read: stolen) from the Lean LaunchPad Educator’s guide.

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Steve Blank

DECEMBER 7, 2009

Our business model changed as we realized that to become a large company, we needed to automate more than just a few marketers. We had validated our new assumptions by a set of orders, and we had pivoted on our business model. This is the pivot, a crucial tactical maneuver for the lean startup [.]

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Silicon Valley Non-disclosure Agreement NDA Startup 232

Both Sides of the Table

APRIL 19, 2011

Business model: o They bought a lot of ad inventory (banner ads/advertising) driving people to signup forms, converting (fill out form) and sold leads, o Initial strategy was first comparison shopping and then monitoring and upselling on more savings. . He typed lowermybills.com was not registered and available so he bought it.

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Acquisition Warrant Customer Term Sheet 304

Steve Blank

MAY 29, 2019

Lean LaunchPad class developed for Stanford. 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.

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Steve Blank

JUNE 23, 2016

Disruptive innovations are coming from startups – Telsa for automobiles, Uber for taxis, Airbnb for hotel rentals, Netflix for video rentals and Facebook for media. These resulting business models made them look incredibly profitable. They knew how to execute the current business model. Lessons Learned.

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Architecture IRR Balance Sheet Liquidity Event 227

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. Startups now understand what they should be doing in their early formative days is search for a business model. for a business model.

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Silicon Valley Business Model Early Stage Venture Capital 284

Up and Running

NOVEMBER 10, 2015

” As the managing editor of Bplans, I’ve had the good fortune to learn about business via the content we share; through interviews with LivePlan customers and other business owners; and thanks to brilliant, informal coaching from people like Tim Berry, Noah Parsons, and the rest of the executive leadership team at Palo Alto Software.

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Curation Lean Software Review Finder 60

Steve Blank

JUNE 11, 2009

However, you will be dealing with almost daily change, (new customer feedback/insights from a Customer Development process and technical roadblocks ,) as the company searches for a repeatable and scalable business model. By now the company may have found and settled on a repeatable business model.

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Cofounder Founder Silicon Valley Technical Cofounder 223

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. Blog at WordPress.com.

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Technology Silicon Valley Fractional VPE Part-Time VPE 139

www.inc.com

SEPTEMBER 24, 2011

Dave Graham Business Venture Capital Private Equity GlobalLogic Inc. Venture Capital Firms. Over the past year or so, work-for-equity arrangements have become an integral part of Arizona Bays business model. But Ive definitely had to lean on Dave. Were not a venture capital firm.".

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Arizona Equity Iowa Venture Capital 40

Steve Blank

APRIL 30, 2009

Initially your job is to understand each of the parts of your business model before you hire someone to do it. Hopefully you and your co-founders are experts in one or two parts (agile development, SEO/SEM, etc.) so at least some parts are being run by people who know what they are doing. Blog at WordPress.com.

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Sales Silicon Valley RSS Las Vegas 120

SoCal CTO

DECEMBER 1, 2010

I’d been around the web long enough to remember the dozens of companies before YouTube that tried to create crowdsourced video sites and failed. Storm Clouds - A VC : Venture Capital and Technology , November 12, 2010 We have enjoyed an amazing run in the web startup and investing space over the past five or six years.

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Technical Review Technology Product CTO Hire 175

Steve Blank

JUNE 5, 2009

You make several first order approximations about your business model, distribution channels, demand creation, and customer acceptance. I talk about this in my book and there is always a discussion at the Lean Startup Group at [link]. Faith-based Entrepreneurship At first, entrepreneurship is a Faith-based initiative.

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Silicon Valley RSS Vertical California 219

ReadWriteStart

JUNE 15, 2011

Startups now understand what they should be doing in their early formative days is search for a business model. The process they use to guide that search is "Customer Development" ; and to track their progress startups now have a scorecard to document their week-by-week changes – the business model canvas.

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Silicon Valley Startup Early Stage Business Model 118

Up and Running

JULY 24, 2015

On Bplans, you’ll find templates, free eBooks, and articles on how to plan and start your business. Business Model Generation. This website offers a downloadable worksheet called a business model canvas that helps you think through your business idea. Business news sites. Business Insider.

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Entrepreneur Small Business Administration SBA Pennsylvania 60

Steve Blank

DECEMBER 17, 2015

In exchange, the startups provide companies with their disruptive ideas, technologies and business models. Therefore, the profile of the initial team to staff an Innovation Outpost should be a technology-savvy business development group. Do we have a Lean Startup Methodology in place?

Silicon Valley 120

Silicon Valley Incubator Acquisition Business Model 120

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

Software Review 74

Software Review Software Delaware Forecast 74

David Teten

DECEMBER 3, 2019

(To see the video above, please click the image, and then click on the Play button.). Private equity and venture capital investors are copying our sisters in the hedge fund world: we’re trying to automate more of our job. . Skype and Zoom are useful for video/audio conferences. you can see the video here.

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Technical Review Software Review Analytics Private Equity 78

Steve Blank

JUNE 8, 2009

Innovation – Business Model? Waterfall, Agile, Lean? Others you need to know when you execute the plan. Here is the list of basic startupactivities/functions our class discussion generated: Opportunity – How big? Where do the ideas come from? Technology? Customers – Who are the Users? Who are the economic buyers? New/Disruptive?

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Vertical Silicon Valley RSS Marketing 123

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?”

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Customer Development Developer Customer Silicon Valley 264

online.wsj.com

SEPTEMBER 23, 2012

SIGNIFICANCE PROMINENT. --> The Venture Capital Secret: 3 Out of 4 Start-Ups Fail. more in Small Business. An entrepreneur with a hot technology and venture-capital funding becomes a billionaire in his 20s. The National Venture Capital Association estimates that 25% to 30% of venture-backed businesses fail.

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Venture Capital Software Review Rhode Island North Dakota 107

Steve Blank

NOVEMBER 19, 2009

Was Ardent’s business model flawed from the start for being so short on potential customers with deep pockets? I liked to fail fast, move on, and not [.] [.] Reply Yuri Ammosov , on November 22, 2009 at 1:29 pm Said: So, Steve, is there any lesson to be learnt? Was it your error or cruel fate? Blog at WordPress.com.

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Silicon Valley San Diego RSS California 191

Steve Blank

AUGUST 20, 2009

Rule 1: In an existing market Customer Development means not only understanding potential customers, but your competitors in detail – their product features, their sales channels, their demand creation strategy, their business model, etc. We’re about to ship next week.” Order Here. To Order Outside of the U.S. Now In Print!

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Silicon Valley Startup RSS Customer Development 188

Steve Blank

SEPTEMBER 17, 2009

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Blog at WordPress.com.

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Customer Development Developer Customer Silicon Valley 246

Steve Blank

JUNE 22, 2009

For the first 25 years HP’s business model was static. Of course HP did ship new products and innovate, but their center of innovation was sustaining innovation , around the core of their existing business. And venture capital and entrepreneurship has made life even tougher for the modern corporation.

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Silicon Valley RSS California Agile 169

Steve Blank

JULY 2, 2009

To an entrepreneur, being asked to join a venture firm with an Entrepreneur-in-Residence title means you have been tapped on the shoulder by the VC gods. I asked Peter what kind of company he had in mind and was surprised and dismayed by the answer, “I want to make video games.” I didn’t give his video game idea another thought.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

www.usatoday.com

JULY 16, 2012

Sponsored Links His start-up Viddy, launched in early 2011, created a smartphone app that allows people to capture, enhance and share video and already has 40 million registered users. Theres also eHow parent Demand Media, streaming video site Hulu, car-shopping site TrueCar and one dominant player from Silicon Valley: Google.

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Los Angeles San Francisco Southern California Silicon Valley 87

Steve Blank

MAY 7, 2009

I finally understood how valuable these contests can be for students in cities or countries without a venture capital or entrepreneurial infrastructure. 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. to compete.

Business Plan 143

Business Plan Silicon Valley RSS Venture Capital 143

Steve Blank

NOVEMBER 30, 2009

You know you have achieved product/market fit when you start getting orders (or users, eyeballs or whatever your criteria for success was in your business model.) Reply My take on Customer Development and the Lean Startup | Recess Mobile Blog , on January 9, 2010 at 5:29 am Said: [.] Then WHAT it IS? Order Here.

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Customer Development Developer Customer Silicon Valley 280

crowdSPRING Blog

APRIL 26, 2013

Every day on the crowdSPRING Twitter account and on my own Twitter account , I post links to posts or videos I enjoyed reading or viewing. These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! ” – [link].

Social Media 90

Social Media Small Business Design Media 90

Steve Blank

JULY 13, 2009

Everyone Else is an Idiot The theme of our press blitz was all about how we were going to show the old tired game companies the right way to make video games. Hype before shipping any product is an obvious flaw, but what about hyping products that have shipped but have zero business model? We all know how that ends up.

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Silicon Valley Product RSS California 122