The Equity Kicker

MARCH 26, 2018

In our experience, structured customer development work is right up there amongst the most valuable things a founder can do in the early days of their startup. Once you have an idea that feels strong, it’s imperative to speak with customers about it. But good customer development is tough to do.

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Steve Blank

MAY 6, 2015

While it sounds simple , the Build Measure Learn approach to product development is a radical improvement over the traditional Waterfall model used throughout the 20 th century to build and ship products. Back then, an entrepreneur used a serial product development process that proceeded step-by-step with little if any customer feedback.

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Steve Blank

MAY 17, 2010

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. Business models allow agile and opportunistic founders to keep score of the Pivots in their search for a repeatable business model. They called back laughing and the invitation disappeared.

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Steve Blank

MAY 7, 2019

Lean Methodology consists of three tools designed for entrepreneurs building new ventures: The Business Model Canvas – to write down all the hypotheses about a new business; Customer Development – a process for testing those hypotheses outside the building; Agile Engineering – to rapidly build minimal viable products to test product/market fit.

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Steve Blank

JUNE 8, 2021

This was followed by an 8-minute slide presentation describing their customer discovery journey over the 10 weeks. While all the teams used the Mission Model Canvas , (videos here ), Customer Development and Agile Engineering to build Minimal Viable Products, each of their journeys was unique. He runs H4X Labs.

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Steve Blank

JULY 1, 2014

When I first read about the Investment Readiness Level (IRL) on Steve’s blog, I was excited by Steve’s attempt to bridge the capital-efficient Lean Startup process for founders with the capital-raising process for funders. Since I began incorporating the Investment Readiness Level framework I’ve made three observations.

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Steve Blank

JUNE 26, 2015

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.

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View from Seed

DECEMBER 8, 2015

It’s often a good idea for founders to find a way to build something and get some early market validation before raising outside capital. Is there founder/market fit? How authentic is this idea to the founder’s experience? I’ll dig into this a bit further… Founder/Market Fit.

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Steve Blank

JUNE 12, 2020

This was followed by an 8-minute slide presentation describing their customer discovery journey over the 10-weeks. All the teams used the Mission Model Canvas , (videos here ) Customer Development and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique. He runs H4X Labs.

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viniciusvacanti.com

SEPTEMBER 7, 2010

Home About Contact Me How To Make It as a First-Time Entrepreneur Vinicius Vacanti Guide to Finding a Technical Co-Founder September 7, 2010 | View Comments Steve Job's Technical Co-Founder “I’ve got this HUGE idea. I just need to find a technical co-founder.&# I was in this situation and we barely escaped.

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Eric Friedman

JUNE 16, 2016

They are incredible founders, with amazing backgrounds, working on great ideas. Expa is a startup studio that works with founders to develop and launch new products. This experience has been integrated into a platform to help founders increase their startup’s chance of success.

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SoCal CTO

JUNE 9, 2010

But founders need to know how to ask for their advice and when to ignore it. Startup Insights From Paul English, Co-Founder of Kayak - OnStartups , May 10, 2010 I’m just wrapping up several weeks of attending conferences across both coasts. They’re deep into Customer Development ,” he said. Why Entrepreneurs Hate Lawyers.

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Steve Blank

MAY 30, 2016

The founder of this 1964 Silicon Valley startup was Bill Perry. His work at ESL made him one of the 10 founders of National Reconnaissance. The teams capture their work in the mission model canvas a framework for each week’s activities. Dr. Perry eventually became the 19th secretary of defense. It’s a ton of work.

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Steve Blank

MARCH 5, 2012

One of the confusing things to entrepreneurs, investors and educators is the relationship between customer development and business model design and business planning and execution. When does a new venture focus on customer development and business models ? And when do business planning and execution come into play?

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Steve Blank

JUNE 7, 2019

Our keynote speaker was Palmer Luckey , founder of Oculus and the designer of the Oculus Rift. He’s now the CEO/founder of the AI-focussed defense contractor Anduril Industries. Followed by an 8-minute slide presentation follow their customer discovery journey over the 10-weeks. Presentation Format. Team: Panacea.

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View from Seed

SEPTEMBER 11, 2019

But here’s some examples or frameworks to consider. You’re obviously not showing charts of user growth, number of customers, or revenue. Pre-launch customer development data is another way, sometimes in the form of user surveys for consumer companies or interviews with potential beta customers for B2B businesses.

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Startup Lessons Learned

APRIL 14, 2009

It should be even more important to the founders themselves, because it demonstrates that their business hypothesis is grounded in reality. These founders have not managed, to borrow a phrase from Steve Blank , to create a scalable and repeatable sales process. Get product into customers’ hands. More on that in a moment.

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Austin Startup

FEBRUARY 24, 2018

Much of the writing on startups focuses on two elements: finding product-market fit scaling the company once #1 is accomplished For product-market fit, we have a lot of source material to work with from the last decade: Steve Blank’s leadership on Customer Development , and Eric Ries’ on the Lean Startup ?—?along Stanford’s CS183c?—?Blitzscaling

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Steve Blank

JUNE 2, 2011

A revolution has taken hold as customer development and agile engineering reinvent the Startup process. The process they use to guide their search is customer development. They would: Blog their Customer Development progress as a narrative. Founders operate in a chaotic regime. Victor Hugo.

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Steve Blank

MAY 11, 2009

And I got to experience a type of customer buying behavior I had never seen before – the Novelty Effect. Present at the Creation It was early 1991 and Apple’s software development team was hard at work on QuickTime , the first multimedia framework for a computer. It was fun watching it happen. steve MIchael W. ,

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Startup Lessons Learned

MARCH 29, 2010

Tactics were discussed out of context, and there wasnt an overarching framework for figuring out what works for what kinds of companies, industries, and stages of growth. Tactics were discussed out of context, and there wasnt an overarching framework for figuring out what works for what kinds of companies, industries, and stages of growth.

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Startup Lessons Learned

SEPTEMBER 22, 2008

is an elegant way to model any service-oriented business: Acquisition Activation Retention Referral Revenue We used a very similar scheme at IMVU, although we werent lucky enough to have started with this framework, and so had to derive a lot of it ourselves via trial and error. Seth Godin: How often should you publish?

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David Teten

SEPTEMBER 23, 2017

In venture capital in particular, early-stage companies are often operating in frontier industries, where the rules are unpredictable and conventional analytic frameworks may be misleading. Signal is a fundraising tool for founders run by NFX Guild, which identifies the most relevant VCs for you. . Pitchbot.vc are using AngelMob.co

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Startup Lessons Learned

JANUARY 15, 2010

This whole framework breaks down when teams confront entrepreneurial situations in which theyre trying to build something new under conditions of extreme uncertainty. This whole framework breaks down when teams confront entrepreneurial situations in which theyre trying to build something new under conditions of extreme uncertainty.

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The Equity Kicker

JANUARY 10, 2018

Twenty years ago there were precious few resources available for founders and most either had to find an advisor who had done it before or rely on trial and error. What I am saying is that founders need something more. The task for founders, then, is to first identify the areas where they will excel.

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Steve Blank

FEBRUARY 22, 2016

The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Additionally, he is the co-founder of ConnectYard , a social analytics platform for e-learning platforms. We did do a lot of … customer discovery.

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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. Takashi Tsutsumi and Masato Iino , founders of Learning Entrepreneur’s Lab in Japan. The focus of our first segment is how Silicon Valley and the U.S.

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Startup Lessons Learned

AUGUST 8, 2009

This simple three-part framework underlies almost all discussions about technical design today, and it was clearly on display in the recent debates over technical debt. When it becomes possible to build products "live" with customers, the cycle time changes and design becomes a much more dynamic process.

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Startup Lessons Learned

MARCH 25, 2009

It will probably be the first time Ill be able to take extensive Q&A on some of the new frameworks Ill be debuting at Web 2.0 The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? As always, if you decide to attend, please come say hello.

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Steve Blank

FEBRUARY 23, 2009

familiar with Customer Development you should be. It’s very different than the traditional product development model. Where as most start-up founders start with the conviction that they know success looks like and [.] guiado por um framework comum e pouco questionado na indústria.

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ReadWriteStart

JUNE 15, 2011

The process they use to guide that search is "Customer Development" ; and to track their progress startups now have a scorecard to document their week-by-week changes – the business model canvas. They would: Blog their Customer Development progress as a narrative. Structure : Founders operate in a chaotic regime.

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Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. The Customer Development process (and the Lean Startup) is one way to do that.

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Startup Lessons Learned

SEPTEMBER 10, 2008

I wanted to say that as a student I was working for a start-up company in town using the Rails framework. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? August 31, 2009 9:17 PM Anonymoussaid. Stumbled across this. No departments The Five Whys for Startups (for Harvard Business R.

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Steve Blank

AUGUST 27, 2009

This series of posts is a brief explanation of how we’ve evolved from Product Development to Customer Development to the Lean Startup. The Product Development Diagram Emerging early in the twentieth century, this product-centric model described a process that evolved in manufacturing industries.

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Steve Blank

NOVEMBER 4, 2013

The framework of the class looks like this: Life Science/Health Care is not a single Category. Commercialization of therapeutics, diagnostics, devices and digital health all require the Principal Investigators / founders outside their building talking to customers, partners, regulators. This can be taught.

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Duct Tape Marketing

JUNE 27, 2017

He is the CEO of Rainmaker Digital, founder of Copyblogger, host of unemployable and curator of further. We saw people, they were just running into roadblocks whether it be content development, design, any myriad of subset of that SEO, which of course you’re having a nice focus on custom development.

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Steve Blank

APRIL 20, 2021

Shawn immediately said the name I had given the four steps was confusing – I had called it market development – he suggested that I call it Customer Development – and the name stuck. Founders should understand what the customer hopes to accomplish , or what their job to be done is. Final Thoughts.

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