Steve Blank

OCTOBER 7, 2011

Ironically one of the things that’s holding back the Finnish cluster is Tekes , the government organization for financing research, development and innovation in Finland. Finnish private investors don’t yet have enough time-in-grade to have developed good pattern recognition skills, and most lack operating backgrounds.

Finland 325

Finland Venture Capital Government Russia 325

Steve Blank

OCTOBER 10, 2011

Startup incubators, business angels and VCs are starting to emerge. Filed under: Business Model versus Business Plan , Customer Development , Teaching , Venture Capital. They’ve gotten off to a good start with a start around Aalto University with passionate students. Finnish culture makes risk-taking and sharing hard.

Finland 327

Finland Naming Russia Government 327

Startup Lessons Learned

DECEMBER 1, 2014

Bill Gross founded Idealab in 1996, making it the longest-running technology incubator alive today. And the whole site was developed in just 9 weeks. Cory Nelson will talk with Eric about how GE has applied the MVP method to its development of very large diesel engines.

Lean 165

Lean Fractional CTO Part-Time VPE Fractional VPE 165

Steve Blank

MARCH 8, 2011

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. Even if they did, what if the assumption – that we had developed a better approach to teaching entrepreneurship – was simply mistaken?

Lean 300

Lean Business Model Customer Development Guinea 300

Steve Blank

JUNE 26, 2015

Gore , I’ve found two corporate strategy tools developed by other smart people helpful in bridging Lean Startups with Corporate Innovation. To move innovation faster, we now have 21 st century tools — Business Model Canvas , Customer Development , Agile Engineering – all adding up to a Lean Startup.

Lean 120

Lean Management Business Model Incubator 120

Steve Blank

MAY 18, 2020

We’re holding a series of 5-day online classes at Stanford where teams will learn how to develop new business models for an economy that’s getting back to work and on the road to recovery. Sign up at [link]. The post-pandemic world will be a very different place. Signup at the website at [link]. Summer Startup Accelerators.

Lean 436

Lean Business Model Affiliate Incubator 436

Steve Blank

MAY 30, 2016

If you’ve been reading along so far, you know that this class is not an extended hackathon nor is it a 10-week long incubator. They might be hardware development, software expertise, manufacturing, launching rockets, funding, etc. In Slide 2 the team made progress on developing their MVP. The Left side of the Canvas.

Silicon Valley 120

Silicon Valley San Diego Technical Review Incubator 120

Steve Blank

MARCH 11, 2016

To be honest I built the class out of frustration watching schools teach aspiring entrepreneurs that all they need to know is how to write a business plan or how to sit in an incubator building a product. entrepreneurship is experiential and requires theory and a ton of practice. We organized the class as: Team-based.

Lean 120

Lean Incubator Business Model Channel 120

Steve Blank

JULY 13, 2021

A decade later, I began to teach the foundations of Lean, first at UC Berkeley (Customer Development) and then at Stanford using cases and business plans. Lean-driven (hypothesis testing/business model/customer development/agile engineering). Let’s Teach Lean Via Experiential Learning. experiential.

Lean 435

Lean Agile Business Model Business Plan 435

Steve Blank

JULY 1, 2014

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. data that investors, accelerators and incubators can use to inform selection.

Sacramento 308

Sacramento Framework Customer Development Lean 308

Steve Blank

JUNE 6, 2016

they often confuse the vehicles to innovation –a venture fund, or an incubator or something else — with actual innovation. Filed under: Customer Development. Entrepreneurship stretches from Main Street to Silicon Valley, from startups to big companies.

Silicon Valley 120

Silicon Valley Entrepreneur Fractional CTO Analytics 120

Steve Blank

OCTOBER 3, 2014

The Customer Development process, this relentless drive to turn hypotheses into facts is what makes this learning so rapid. Most importantly they found a customer who taught them while weeding carrots was nice, thinning lettuce was where the money was. When I teach in universities I’m not running an incubator.

Lean 274

Lean Silicon Valley Customer Development Incubator 274

Steve Blank

JUNE 18, 2013

I read a ton of existing literature and came up with a formal methodology for search I called Customer Development. Berkeley asked me to teach a class in Customer Development at Haas business school. Eric’s insight was that traditional product management and Waterfall development should be replaced by Agile Development.

Lean 288

Lean Agile Customer Development Business Model 288

ReadWriteStart

OCTOBER 13, 2011

Steve Blank is a retired serial entrepreneur, educator, thought leader and creator of the rigorous "Customer Development" methodology detailed in his book, "The Four Steps to the Epiphany." Blank teaches entrepreneurship at Stanford University and UC Berkeley and blogs at steveblank.com. 9-to-5 Venture Capital.

Finland 158

Finland Venture Capital Government Russia 158

Startup Lessons Learned

SEPTEMBER 15, 2008

But by taking advantage of open source, agile software, and iterative development, lean startups can operate with much less waste. I am heavily indebted to earlier theorists, and highly recommend the books Lean Thinking and Lean Software Development. Labels: customer development , lean startup 8comments: Amy said.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

Steve Blank

OCTOBER 29, 2015

The) first thing was I wanted to be a land developer because I wanted to be my own builder. What did I know about land development? He left EA in 2009 to start Vaporware Labs, a product incubator that mostly failed, but also created products including Commonred, which was acquired by Income.com in 2012.

Las Vegas 120

Las Vegas Entrepreneur Cofounder Nevada 120

David Teten

MARCH 28, 2012

The company teams they work with are usually highly motivated entrepreneurs trying to engage in extensive product and customer development efforts for a product they don’t typically have a full vision of, for a customer whose needs are opaque, and for a use case which is ambiguous. Entrepreneurs please click here.

Portfolio 144

Portfolio Private Equity Venture Capital Early Stage 144

Steve Blank

JUNE 11, 2012

The NSF I-Corps Lean LaunchPad class has different goals then the same class taught in a university or incubator. In an incubator, the Lean LaunchPad develops angel or venture-funded startups. 2) Get the teams out of the building to test their hypotheses with prospective customers. Teaching Objectives. Lessons Learned.

Lean 252

Lean Incubator Business Model Georgia 252

Steve Blank

JANUARY 22, 2013

Lean LaunchPad Colombia starts again today in Bogota with 25 more teams of tech entrepreneurs and at 25 mentors from the country’s universities, incubators, and chambers of commerce. Second, technology education is more skill-based, graduating lots of smart coders and IT managers, but not a lot of true development visionaries.

Colombia 322

Colombia Lean Silicon Valley Coder 322

Steve Blank

APRIL 12, 2013

The first post described how China built a science and technology infrastructure to support advanced weapons systems development. Inside the zones were Torch Technology Business Incubators with startups licensed by the local governments. Filed under: China , Customer Development , Technology , Venture Capital.

Venture Capital 272

Venture Capital China Offshore SBIR 272

Steve Blank

AUGUST 20, 2013

Some startups in this field are actually beginning with Customer Development while others struggle with the classic execution versus search problem. The gap between the development of intriguing but unproven innovations, and the investment to commercialize those innovations is characterized as “the Valley of Death.”.

Startup 296

Startup Venture Capital Lean IPO 296

Steve Blank

AUGUST 29, 2016

To promote innovation inside the NGA, they’ve staffed an Enterprise Innovation Office (EIO) to coach, educate and advise the entire agency, from core leadership to the operational edges, with methods and concepts of validated learning through rapid experimentation and customer development.

Lean 178

Lean Silicon Valley Government Acquisition 178

Steve Blank

AUGUST 29, 2016

To promote innovation inside the NGA, they’ve staffed an Enterprise Innovation Office (EIO) to coach, educate and advise the entire agency, from core leadership to the operational edges, with methods and concepts of validated learning through rapid experimentation and customer development.

Lean 178

Lean Silicon Valley Government Acquisition 178

Steve Blank

JUNE 18, 2013

I read a ton of existing literature and came up with a formal methodology for search I called Customer Development. Berkeley asked me to teach a class in Customer Development at Haas business school. Eric’s insight was that traditional product management and Waterfall development should be replaced by Agile Development.

Lean 180

Lean Agile Customer Development Business Model 180

Steve Blank

JANUARY 22, 2013

Lean LaunchPad Colombia starts again today in Bogota with 25 more teams of tech entrepreneurs and at 25 mentors from the country’s universities, incubators, and chambers of commerce. Second, technology education is more skill-based, graduating lots of smart coders and IT managers, but not a lot of true development visionaries.

Colombia 278

Colombia Lean Silicon Valley Coder 278

Steve Blank

AUGUST 17, 2009

Although this reseearch would lead to the development of the Backward Wave Oscillator and Traveling Wave Tube for military applications, Stanford was building tubes and circuits not entire systems. Stanford had a Customer Development loop going on inside their own lab. The labs basic research was done by graduate students or Ph.Ds

Silicon Valley 144

Silicon Valley RSS California Government 144

YoungUpstarts

JANUARY 14, 2013

It recently announced the results of its incubator program – and the results look promising. Amsterdam-based startup accelerator Rockstart last year launched a program to find and support ten teams of startup founders in Europe.

Silicon Valley 231

Silicon Valley Europe Venture Capital Incubator 231

SoCal CTO

JULY 13, 2011

This site aggregates and filters content from thought leaders who talk about topics such as Marketing , Sales , Design , Revenue , Hiring , Social Media , Business Models , Metrics , PR , Venture Capital , Angel Investors , Bootstrapping , Incubators , Agile and many others.

Intellectual Property 175

Intellectual Property Aggregator Startup IP 175

Steve Blank

DECEMBER 30, 2014

Yet they share values and hopefully some synergy around topics of mutual interest (same customers, or technologies). Incubators are designed for teams with an idea. Finding this out late in the development process can burn cash and time in a med tech company.).

San Diego 262

San Diego North Carolina Chicago Lean 262

Steve Blank

MARCH 4, 2014

These groups are adapting or adopting the practices of startups and accelerators – disruption and innovation rather than direct competition, customer development versus more product features, agility and speed versus lowest cost. Product management tools like Stage-Gate ® emerged to systematically manage Waterfall product development.

IRR 335

IRR Startup Business Model Agile 335

Steve Blank

SEPTEMBER 14, 2017

This was a very large and established tech company; its engineering organization developed the core day-to-day capabilities of the organization. At least it succeeded in not distracting the developers. Engineering continually felt overwhelmed. People with ideas, technology or problems pitched in front of the evaluation committee.

Incubator 313

Incubator Curation Engineer Government 313

Steve Blank

MARCH 7, 2012

The class is intensely and deliberately experiential to develop the mindset, reflexes, agility and resilience an entrepreneur needs to search for certainty in a chaotic world. Yet this isn’t an incubator. We trying to teach students a methodology that combines customer development, agile development, business models and pivots.

Lean 258

Lean Business Model Agile United States 258

Steve Blank

OCTOBER 26, 2013

It’s curriculum is built on a framework of business model design, customer development and agile engineering – and its emphasis on evidence, Lessons Learned versus demos, makes it the worlds most advanced accelerator. It’s success is measured not only by the technologies that leave the labs, but how many U.S.

Lean 264

Lean Washington Incubator Agile 264

Steve Blank

JULY 2, 2015

Matt Weingart, program development manager in the Strategic Development Office at the Department of Energy’s Lawrence Livermore National Laboratory. — — — Matt Weingart is a program development manager in the Strategic Development Office at the Department of Energy’s Lawrence Livermore National Laboratory.

Channel 120

Channel Japan Bosnia Silicon Valley 120

Startup Lessons Learned

JULY 3, 2009

Lessons Learned by Eric Ries Friday, July 3, 2009 Lean Startup fbFund wrap-up Last week I had a real blast meeting with the companies at the fbFund incubator at Palo Alto. Use some customer development to find out. Use some customer development to find out. Danger, Will Robinson. What if its both of you?

Lean 60

Lean San Francisco Continuous Deployment Cofounder 60

Steve Blank

AUGUST 5, 2010

I think you can blame Customer and Agile Development for a small part of it. Bayh-Dole allowed for private ownership of government funded intellectual property developed in universities while the Orphan Drug Act created incentives for developing drugs for disorders afflicting fewer than 200,000 Americans. Here’s why.

Lean 260

Lean Internet Silicon Valley Venture Capital 260

Steve Blank

FEBRUARY 3, 2015

I remind my students that I’m teaching them a methodology they can use the rest of their careers, not running an incubator. Filed under: Customer Development , Teaching. Customer Development Teaching' Every once in awhile a team ignores my advice and builds a company worth hundreds of millions of dollars.

North America 120

North America Lean Customer Development Distribution 120