Steve Blank

OCTOBER 30, 2012

The Lean LaunchPad Class. You may have read my previous posts about the Lean LaunchPad entrepreneurship class. And in the thirty days since we’ve put the Lean LaunchPad class online at Udacity – 50,000 students have been taking it. I’m partnered with four great organizations to deliver the program.

Startup 335

Startup Lean Incubator Business Model 335

Startup Professionals Musings

NOVEMBER 17, 2014

I strongly recommend a dramatic departure from this model, called “planned iteration” or Lean Startup methodology, where you assume you won’t get it right the first time, so you launch with a minimum viable product (MVP). Find customers, partners and channels early. Get out there personally and find that first customer.

Agile 253

Agile Startup Social Network Software Developers 253

Gust

NOVEMBER 9, 2014

Eric Ries on Lean Startup methodology, via Wikipedia. I strongly recommend a dramatic departure from this model, called “planned iteration” or Lean Startup methodology, where you assume you won’t get it right the first time, so you launch with a minimum viable product (MVP). Find customers, partners and channels early.

Agile 163

Agile Startup Lean Social Network 163

Up and Running

JANUARY 29, 2019

The Lean Plan for solopreneurs. This shorter, more nimble type of business plan is called a Lean Plan , and you can create one in just a few hours, rather than a few weeks or months. Your Lean Business Plan is going to get you organized and help you be clean and concise about what your business is and how you’ll run it.

Lean 64

Lean Business Plan Revenue Forecast 64

Startup Professionals Musings

JUNE 9, 2013

I strongly recommend a dramatic departure from this model, called “planned iteration” or Lean Startup methodology, where you assume you won’t get it right the first time, so you launch with a minimum viable product (MVP). Find customers, partners and channels early. Get out there personally and find that first customer.

Agile 263

Agile Startup Social Network Software Developers 263

Steve Blank

JANUARY 2, 2014

This post is part of our series on the National Science Foundation I-Corps Lean LaunchPad class in Life Science and Health Care at UCSF. Part 6: Distribution channels in Life Sciences. Over the course of the class Mira Medicine team spoke to over 80 customers, partners and payers. Part 7: Revenue Streams in Life Sciences.

Lean 244

Lean Algorithm Customer Development IP 244

Steve Blank

DECEMBER 9, 2013

As our Lean LaunchPad for Life Sciences class winds down, a good number of the 26 teams are trying to figure out whether they should go forward to turn their class project into a business. I pointed out that the “data” you gather in 10 weeks (talking to 100+ customers, partners, payers, etc.,) see 0:30 in the video below).

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Cofounder Technical Cofounder Liquidity Event Lean 326

Steve Blank

MARCH 8, 2011

In January, we introduced a new graduate course at Stanford called the " target="_blank">Lean LaunchPad. Startups, are not about executing a plan where the product, customers, channel are known. The Lean LaunchPad class was scheduled to meet for three hours once a week. to get hard-earned information. The First Class.

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Lean Business Model Customer Development Guinea 300

Up and Running

JULY 31, 2015

This week Peter and Jonathan talk to Tim Berry, founder of Palo Alto Software, about lean business planning, strategy, tactics, specifics (milestones), and the forecast. Listen to Episode 9: Show notes: What is Lean Planning? Lean Business Planning by Tim Berry – (31:21). What’s the lean mean? – (:25).

Lean 60

Lean Business Plan Forecast Software Review 60

ConversionXL

FEBRUARY 10, 2021

Having an online presence alongside a physical store alone isn’t enough: your channels need to work together to build a holistic experience. Omnichannel retailing is a fully-integrated approach to commerce, providing shoppers a unified experience across all channels or touchpoints. Brian Berger. A focus on local. Image source ).

eCommerce 155

eCommerce Cofounder Community Channel 155

Steve Blank

JANUARY 22, 2014

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Over the years Dino and I brainstormed about how Lean entrepreneurship would affect regional development. Filed under: Customer Development , Lean LaunchPad , Science and Industrial Policy , Venture Capital.

Early Stage 287

Early Stage Silicon Valley Oregon Technical Review 287

Steve Blank

SEPTEMBER 16, 2014

” She looked at bit puzzled, so I continued to explain… One of the virtues of using the Business Model Canvas as part of a Lean Startup is that it helps you frame each one of your nine critical hypotheses. Or can we outsource these activities to Partners?” If you’re a startup it’s easy to get confused on this step.

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

Steve Blank

MAY 6, 2015

I am always surprised when critics complain that the Lean Startup’s Build, Measure, Learn approach is nothing more than “throwing incomplete products out of the building to see if they work.”. It’s time to update Build, Measure, Learn to what we now know is the best way to build Lean startups. Here’s how. Build-Measure-Learn.

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Lean Agile Business Model Customer Development 120

Startup Professionals Musings

JUNE 5, 2017

Business success is all about two-way communication, between you and your customers, investors, partners, and internally between team members. Social media and other channels provide the vehicles, but everyone has to be open for the process to work. Instead, find a partner with domain experience.

Technical Review 152

Technical Review Stealth Lean Social Media 152

Startup Professionals Musings

FEBRUARY 15, 2023

Use multiple social-media channels, blogging, email and voicemail to build the same image and responsiveness as larger competitors. Use your equity for key executives and business partners. You can use it best to entice new team members and partners, giving you more horsepower and commitment for the long run. Marty Zwilling

Equity 349

Equity Hockey Stick Bootstrapping Sweat Equity 349

ConversionXL

NOVEMBER 10, 2021

Influencer Marketing defines it as: “…creating content that will be promoted through paid distribution channels like sponsored placements, advertisements, and pay-per-click campaigns. And while you can share content across your own social channels or in newsletters, promotion is handled by the source. But it’s a big step to take.

Advertising 131

Advertising Cost Customer PR 131

Steve Blank

MARCH 7, 2012

Today, the first half of the Stanford Engineering Lean LaunchPad Class gave their final presentations. It’s hard to believe it’s only been a year since we taught the first 10 teams in the Stanford Lean LaunchPad class. We’ll teach over 175 NSF Innovation Corps teams in the Lean LaunchPad course in 2012. Here are the first five.

Lean 258

Lean Business Model Agile United States 258

Steve Blank

JULY 13, 2021

Business plans presume that building a startup is a series of predictable steps requiring execution of a plan which assumes a series of known facts: known customers, known features, known pricing, known distribution channel. Let’s Teach Lean Via Experiential Learning. Designing the Lean LaunchPad/I-Corps Class – the “Pedagogy”.

Lean 435

Lean Agile Business Model Business Plan 435

ReadWriteStart

AUGUST 26, 2022

How to Scale Unicorns With Partner David Zhang, TVC. Joining us for this episode is our partner David Zhang, Partner at TCV (( Technology Crossover Ventures ). I’m a partner at TCV, which we founded in 1996. I will say the one thing we tell all our portfolio companies is to get fit and lean in. David Zhang.

Partner 132

Partner Cofounder Retention Acquisition 132

Up and Running

NOVEMBER 15, 2017

Botanical Bounty needs to establish its reputation as a highly-efficient, high-potency medicinal herb grower, and one effective and inexpensive way to do that would be to lean on loyal customer testimonials in the company’s marketing strategy. Sales channel relationships. See Also: The Complete Replay Plastics Business Plan.

Botswana 148

Botswana Business Plan Oregon Distribution 148

Startup Professionals Musings

MAY 18, 2020

Use multiple social-media channels, blogging, email and voicemail to build the same image and responsiveness as larger competitors. Use your equity for key executives and business partners. You can use it best to entice new team members and partners, giving you more horsepower and commitment for the long run. Marty Zwilling.

Hockey Stick 423

Hockey Stick Bootstrapping Sweat Equity Intellectual Property 423

Up and Running

MAY 12, 2020

Your plan doesn’t need to be a lengthy document either, especially if you follow a Lean Planning methodology. Now if you’re looking for an active plan that you can edit and adjust over time, you may want to consider creating a lean plan. Find good business partners and people who will refer you. Keep your business plan updated.

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

Startup Lessons Learned

MAY 9, 2012

TLDR: Brant Cooper and Patrick Vlaskovits , authors of The Entrepreneur's Guide to Customer Development are back with a new book called The Lean Entrepreneur. Since then, Brant and Patrick have been tireless advocates for the whole Lean Startup movement. Illustrations by FAKEGRIMLOCK. You can pre-order it starting today.

Entrepreneur 167

Entrepreneur Lean Southern California San Diego 167

Up and Running

OCTOBER 30, 2020

Our customer INGLOT Cosmetics Canada is a great example of creating an omnichannel network that extends not only to all online channels but also to their in-store experience. And it’s the unlock that’s helped produce nearly a million dollars a year in passive income for my partner, Mark, and me.

eCommerce 152

eCommerce Sales Software Review Canada 152

Steve Blank

APRIL 4, 2011

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. How can we attract buyers to our channel before they make purchasing decisions? as well as channel partners and cloud industry technology consultants. Then different again for direct and indirect channels.

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Customer Business Model Cloud Nebraska 236

YoungUpstarts

AUGUST 21, 2020

They don’t get a salesperson who offers a fix for one problem, but rather they find a partner who’s looking to address their needs holistically. New Channels for Prospecting and Outreach. For consumers, holistic planning is fantastic. Their financial professionals are concerned with everything they need. Technology is a great example.

Technical Review 215

Technical Review SEC Affiliate Technology 215

Steve Blank

JULY 2, 2015

My guests this past week on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Pete Newell , managing partner of BMNT Partners. John Kuhn , who works at BMNT Partners. Pete is managing partner for BMNT Partners and serves on the Board of Directors for Solace Power and Savonix.

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Channel Japan Silicon Valley Bosnia 120

Up and Running

JUNE 25, 2020

This means providing resources, hosting webinars , conducting research studies , and even running Q&A’s through your social channels. You could even look to partner with other businesses with similar nonprofit interests to promote greater change. Treat any new income stream as an expansion of your business.

Small Business 180

Small Business Hosting Social Media Community 180

ConversionXL

MAY 6, 2021

If you’re a lean startup just starting, there’s much less inertia to overcome. That said, while a younger company compared to WordPress, Webflow has worked hard to partner with applications to ensure your favorite integrations work with them as well. While WordPress does offer support, leaning on the community is often your best bet.

Software Review 91

Software Review Technical Review Hosting SEO 91

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. The Rise of the “Lean VC’s” – Consumer Internet Gets Funded. I call them “ Lean VC’ s” to emphasize why they’re different. Lean VC’s are Different. Here’s why.

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Lean Internet Silicon Valley Venture Capital 260

Up and Running

MAY 9, 2022

Instead, you can stick with a simple internal business plan model that keeps your document lean and easy to communicate. It’s a document that can easily be distributed across multiple communications channels, encourages employee engagement, and leans into uncovering issues and competitive advantages for your business.

Business Plan 160

Business Plan Forecast Lean Channel 160

Steve Blank

DECEMBER 7, 2010

If you’ve read any of my previous posts, you know I believe that: 1) a product is just a part of a startup, but understanding customers, channel, pricing, etc. Instead you will be getting your hands dirty talking to customers, partners, competitors, as you encounter the chaos and uncertainty of how a startup actually works.

Wiki 312

Wiki Lean Management Business Model 312

Up and Running

MARCH 26, 2015

And also, what real business owners want—lean business plans for better management. All businesses start with a lean plan. So, every business is better off with a lean plan. Think about pricing, channels, social media, launch dates, products, services, features, and so forth. That is what we call lean business planning.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Steve Blank

JULY 14, 2015

My guests on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Alexander Osterwalder – inventor of the Business Model Canvas. Then the Lean Startup comes in … you take this one piece of paper and then immediately go test it out. Oren Jacob , ex-CTO of Pixar and now CEO of ToyTalk.

Channel 120

Channel Business Model Cofounder Business Plan 120

This is going to be BIG.

FEBRUARY 27, 2023

I would figure out a way to default to breakeven while holding on to at least 2-3 real attempts at finding a growth hack that could change your story—one you could lean into hard if it worked. Every idea is on the table. No idea is too crazy.”

Lean 159

Lean Aggregator Portfolio Revenue 159

Steve Blank

MARCH 19, 2009

Yet two smart VC firms, Sigma and Matrix Partners, realized that somewhere in this mess there was value. They sold their product through the computer retail channel, something I knew nothing about. They had an existing distribution channel and their dealers and customers thought they knew who the company was and what it stood for.

Silicon Valley 150

Silicon Valley Software Review Technical Review RSS 150

View from Seed

JULY 19, 2022

Stelios Kapandais (SK): eCommerce retailers have historically leaned on paid digital marketing channels to acquire new customers. The NV Accelerator and the Partners have been really hands-on and helped us with guidance on both of these topics, which is exactly what we need at that stage.

eCommerce 156

eCommerce Greece Early Stage SMS 156