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The Customer Development Manifesto: Reasons for the Revolution.

Steve Blank

So what’s wrong the product development model? The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.)

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No One Wins In Business Plan Competitions

Steve Blank

But until now I haven’t been able to articulate a framework of why or had a concrete suggestion of what to replace them with. One of my favorites: “ Judging will include such factors as: Market opportunity, reward to risk, strategy, implementation plan, financing plan, etc.”) They called back laughing and the invitation disappeared.

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Launching a Portfolio Acceleration Platform at a Venture Capital or Private Equity Fund

David Teten

I propose here a framework for prioritizing your platform buildout. As an agenda for each meeting, I suggest: – How can we most add value, in addition to helping with financing? Customer Development. A well-developed model is Andreessen Horowitz’s Executive Briefing Center.

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A New Way to Teach Entrepreneurship – The Lean LaunchPad at Stanford: Class 1

Steve Blank

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. While we were going to teach theory and frameworks, these students were going to get a hands-on experience in how to start a new company.

Lean 303
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How Investors Make Better Decisions: The Investment Readiness Level

Steve Blank

a language corporate innovation groups can use to communicate to business units and finance. moment for me was the realization that I could apply the IRL framework to dramatically improve the guidance and mentorship I was providing to startup company founders. But the ‘ah-hah!’ Enables better mentoring.

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Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

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. When combined with the business model canvas, the Three Horizons of Innovation provide a framework for corporate innovation. Fast forward to today.

Lean 120
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How a Seed VC Approaches Pre-Product Startups

View from Seed

But here’s how I tend to think about companies at this stage, which I think is broad enough to provide some guidance for founders at this early stage… Essentially, my pre-product framework is as follows: 1. Is there founder/market fit? How authentic is this idea to the founder’s experience? and, “Is this a good market?”.

Product 120