Steve Blank

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Founders Need to Be Ruthless When Chasing Deals

Steve Blank

Now we were in discussions with the potential buyers who had the corporate checkbook, and they were ready to have a “next step” conversation. Our conversions of demos into orders went through the roof. A few critical internal recommenders and technical evaluators gave our concept the thumbs up.

Founder 325
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These Five Principles Will Accelerate Innovation

Steve Blank

The key to understanding value propositions is in building interviews that are based on a set of hypotheses (about the problem, the stakeholder and potential solutions to be explored) and data to be captured while using minimum viable products (just enough “product” to increase the efficacy of a conversation and increase the speed of learning).

Curation 344
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You Don’t Need Permission

Steve Blank

I pointed out that once he had potential customer, regulator, and reimbursement data from his Discovery interviews, he could bring that data into conversations with his CEO. Having real data turns conversations from faith-based to evidence-based. Having real data turns conversations from faith-based to evidence-based.

Lean 435
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In a Crisis – An Opportunity For A More Meaningful Life

Steve Blank

My advice in all of these conversations? Accredited universities also offer online programs (see here.) If you’re in school, take some classes outside your existing major (example here.). Carpe Diem – seize the day. Now is the time to ask: Is my work relevant? Am I living the life I really wanted?

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Is a $100 Million Enough?

Steve Blank

Would we all be, heaven forbid, be “Socialists” or worse, to even have this conversation? Then let’s run the same thought experiment with Venture Capitalists. Would they pick other careers? Invest less? At $100 million would capitalism crumble? Questions I’m curious what you think. Should there be any limit? If so, why? Or why not.

Vietnam 179
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Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

And is moving the company into augmented reality and conversational AI. Think of Amazon Alexa, Google Home and Assistant directed by voice recognition that’s powered by smart, conversational Artificial Intelligence – and most of these will be a new class of devices scattered around your house, not just on your phone.

Azure 120
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Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

And is moving the company into augmented reality and conversational AI. Think of Amazon Alexa, Google Home and Assistant directed by voice recognition that’s powered by smart, conversational Artificial Intelligence – and most of these will be a new class of devices scattered around your house, not just on your phone.

Azure 120