Steve Blank

JUNE 26, 2015

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. Horizon 1 activities support existing business models. Horizon 1 is the company’s core business.

Lean 120

Lean Management Business Model Incubator 120

Steve Blank

MARCH 31, 2014

The first will be commodity businesses that are valued for their ability to execute their current business model. The second class will be firms with a demonstrated ability to continually innovate and reinvent their business models. These innovations do not require change in a company’s existing business model.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

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. Team Election Watch – Open Source Tool to Track Political Influence Campaigns.

Oakland 301

Oakland Asia Lean Video 301

Steve Blank

JUNE 18, 2013

It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models. So what would a search process for a business model look like? That is until Alexander Osterwalder wrote Business Model Generation.

Lean 286

Lean Agile Customer Development Business Model 286

Steve Blank

DECEMBER 2, 2013

Here’s what happened when an extraordinary Digital Health team gained several critical insights about their business model. At Linden Lab, delivered the open-sourced Second Life Viewer 2.0 Having a multisided market with five segments is a pretty complicated business model. A Five-sided Market.

Customer 323

Customer Churn Rate Customer Development Lean 323

Steve Blank

JANUARY 25, 2010

In this post we’re going to offer a new definition of why startups exist : a startup is an organization formed to search for a repeatable and scalable business model. A Business Model. Ok, but what is a business model ? A business model describes how your company creates, delivers and captures value.

Agile 335

Agile Startup Silicon Valley Business Model 335

Steve Blank

JUNE 18, 2013

It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models. So what would a search process for a business model look like? That is until Alexander Osterwalder wrote Business Model Generation.

Lean 178

Lean Agile Customer Development Business Model 178

Steve Blank

FEBRUARY 11, 2014

For example, in our UCSF Life Sciences class the four VC’s who taught the class with me developed advanced business model lectures for therapeutics, diagnostics, medical devices and digital health. We opened source our teaching guide we use in the classes here.). Lessons Learned. Creating engaging MOOC’s are hard.

Lean 319

Lean Incubator Video Open Source 319

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. And a very small percentage are focused on innovation.

Incubator 331

Incubator Lean Programming Government 331

Steve Blank

AUGUST 4, 2016

They’ll learn how to apply “lean startup” principles, (“mission model canvas,” “customer development,” and “agile engineering”) to discover and validate agency and user needs and to continually build iterative prototypes to test whether they understood the problem and solution.

Lean 160

Lean Government Agile Africa 160

Steve Blank

MARCH 18, 2011

Over time, open source software the rise of the next wave of web startups and the embrace of Agile Engineering meant that startups no longer needed millions of dollars to buy specialized computers and license expensive software – they could start a company on their credit cards.

Internet 334

Internet IPO Silicon Valley Agile 334

Steve Blank

AUGUST 4, 2016

They’ll learn how to apply “lean startup” principles, (“mission model canvas,” “customer development,” and “agile engineering”) to discover and validate agency and user needs and to continually build iterative prototypes to test whether they understood the problem and solution.

Lean 120

Lean Government Agile Africa 120

Steve Blank

JULY 20, 2015

This [Lean LaunchPad class] was to me a major science experiment – having teams come in, write a business model, talk to 10 customers a week, have them present their results every week and actually be testing a series of of hypotheses. And since I open source everything I do, you were the recipient of open source.

Government 120

Government Channel Southern California Lean 120

Steve Blank

JANUARY 26, 2016

Each week, teams will use the Mission Model Canvas (a DOD/IC variant of the Business Model Canvas ) to develop a set of initial hypotheses about a solution to the problem and will get out of the building and talk to all Requirement Writers, Buyers (Acquisition project managers) and Users (the tactical folks).

Silicon Valley 120

Silicon Valley North Korea Agile Lean 120

Steve Blank

AUGUST 17, 2020

I realized we had the ability to rapidly launch a large number of companies on the path of validating their business models. With the open source curriculum available here , it’s possible for any school or region to get a version of this class ready in 8-10 weeks. Here’s how it happened. Lessons learned.

Hawaii 434

Hawaii Aggregator Business Model Lean 434

Steve Blank

AUGUST 11, 2020

. — When I designed the Lean LaunchPad/I-Corps/Hacking for Defense class, my goal was to replace the traditional method of teaching case studies and instead immerse the students in a hands-on experiential process that modeled what entrepreneurs really did. effectively teaching Business Model Design during COVID-19.

Lean 420

Lean San Francisco Silicon Valley Florida 420

Steve Blank

SEPTEMBER 26, 2018

The other interesting observation: Unlike other medical device companies, Apple’s current Watch business model is not dependent on getting insurers to pay for the watch. Apple has attempted to get medical researchers to create new health apps by developing ResearchKit , an open source framework for researchers.

China 67

China Technical Review Software Review Algorithm 67

Steve Blank

NOVEMBER 24, 2010

Today open source software has slashed the cost of software development from millions of dollars to thousands. While companies execute business models, startups search for a business model. (Or A hardware startup had to spend money building prototypes and equipping a factory to manufacture the product.

Silicon Valley 335

Silicon Valley United States Venture Capital Software Review 335

Steve Blank

MAY 9, 2017

Continuous innovation requires the imagination and courage to challenge the initial hypotheses of your current business model (channel, cost, customers, products, supply chain, etc.) Today open source software has slashed the cost of software development from millions of dollars to thousands. The founders.

Restful 222

Restful Silicon Valley Puerto Rico San Jose 222