Steve Blank

MARCH 3, 2015

It taught lean theory ( business model design , customer development and agile engineering) and practice. The irony is that once you’ve gone through the lean cycle, you have all the information that goes in a business plan: customers, sales strategy, product features, and financial metrics. Seeing Is Believing.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

Startup Lessons Learned

AUGUST 31, 2015

Every year, our team conducts more than 500 customer development calls to understand what challenges the community is facing. She shares: “We now use metrics like cost-per-learning and validation velocity to show progress since traditional things like ROI weren’t applicable.” Here are some of our favorites: 1.

Lean 60

Lean United States Fractional CTO Startup 60

Steve Blank

NOVEMBER 21, 2016

The students “get out of the building” and test their hypotheses in front of potential beneficiaries using the Customer Development methodology, all while building and updating their Minimal Viable Products. government does have some unique convening power and the ability to tap external talent and resources.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

NOVEMBER 21, 2016

The students “get out of the building” and test their hypotheses in front of potential beneficiaries using the Customer Development methodology, all while building and updating their Minimal Viable Products. government does have some unique convening power and the ability to tap external talent and resources.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 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). Third, the tools for customer discovery (videos, sample experiments, etc.)

Lean 436

Lean Agile Business Model Business Plan 436

Startup Lessons Learned

SEPTEMBER 15, 2008

The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development. See Customer Development Engineering for my first stab at articulating the theory involved) Ferocious customer-centric rapid iteration, as exemplified by the Customer Development process.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

Feld Thoughts

NOVEMBER 18, 2013

Early customer development talks are going great which keeps the team really excited. No updates, screen comps, or metrics have been publicly shared yet. This is all a part of the normal product and customer development process,” the CEO tells the team. Three months in, the burn is now at $70k/month.

Burn Rate 152

Burn Rate Equity Software Review Early Stage 152

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Rather than invent a new form of corporate governance, venture investors adopted the traditional board meeting structure from large corporations. The Wrong Metrics.

Silicon Valley 297

Silicon Valley Business Model Venture Capital Balance Sheet 297

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Rather than invent a new form of corporate governance, venture investors adopted the traditional board meeting structure from large corporations. The Wrong Metrics.

Silicon Valley 270

Silicon Valley Business Model Venture Capital Balance Sheet 270

Startup Lessons Learned

JUNE 8, 2009

That’s because many of our reports feed us vanity metrics: numbers that make us look good but don’t really help make decisions. Yet even among those who have access to good actionable metrics, I’ve noticed a phenomenon that prevents taking maximum advantage of data. Too much of this data is non- actionable.

San Francisco 84

San Francisco Lean Continuous Deployment DC 84

Steve Blank

FEBRUARY 23, 2016

In other words, how can we adapt the Business Model Canvas when the metrics of success for an organization is not revenue? What if you’re a government or a military organization or part of the intelligence community? In the defense and intelligence community the metrics of success are not revenue but mission achievement.

Business Model 120

Business Model Revenue Channel Community 120

OnlyOnce

AUGUST 12, 2013

And that’s true at the high level (the authors talk about making sure you align CX strategy with corporate strategy and brand attributes and values) as well as a more granular level (what metrics get tracked for CX, and how do those align with the rest of the companies KPIs). “Customer Experience is a journey, not a project. .”

Lean 94

Lean Agile B2B Metrics 94

Startup Lessons Learned

OCTOBER 26, 2009

It was a labor of love, and it meant we always had a real voice of the customer right there in the meeting with us. What we call “community management&# is actually governance. It is our obligation to govern well, but – as history has repeatedly shown – this is incredibly hard. It was absolutely worth it.

Advisory Board 151

Advisory Board Customer San Francisco Lean 151

Steve Blank

JUNE 15, 2010

Do they “get&# Customer Development ? Do They Get Customer Development? Do they have metrics and a methodology they use for early stage companies that differs from companies that have already found a business model? Have they heard about Customer Development ? Is Your VC Founder Friendly?

Founder 232

Founder Vesting Later Stage Early Stage 232

Startup Lessons Learned

OCTOBER 23, 2013

It provides a basic introduction to analytics as they apply to Lean Startup, including sections on what metrics to use and how to interpret them. For instance, Ben lists out the worst of the “vanity metrics,” a term that describes appealing but meaningless or misleading numbers. Alistair: There are plenty. Consider a restaurant.

Analytics 167

Analytics Lean Widget Metrics 167

Startup Lessons Learned

JULY 3, 2009

If your practice is not designed to cope with uncertainty, it has no place in a startup - even if your startup is located in government or enterprise. Use some customer development to find out. But its also amazing for testing big hypotheses, like what our customers really want to get out of our product.

Lean 60

Lean San Francisco Continuous Deployment Cofounder 60

Steve Blank

MAY 16, 2016

Why Innovation in Government Is Hard. They have to change the metrics across the entire organization. If not, then the effectiveness of the Horizon 3 effort will be graded using Horizon 1 metrics. But in the military success has different metrics. In those case revenue will become an additional metric.

San Diego 145

San Diego Metrics Indonesia Silicon Valley 145

ReadWriteStart

JUNE 13, 2011

As customer and agile development reinvent the startup, it's time to ask why startup board governance has not kept up with the pace of innovation. The process, which Blank detailed in his book, "The Four Steps to the Epiphany," uses customer feedback to refine and improve a product before scaling a business. Here's how.

Silicon Valley 117

Silicon Valley Balance Sheet Metrics Early Stage 117

Startup Lessons Learned

SEPTEMBER 19, 2009

We met a number of policy makers from the White House and State Department, and had a solid Startup2Startup all about government policy and entrepreneurship. In a previous post , I asked readers for suggested topics that the US government needs to know about startups and entrepreneurs, and got some really interesting responses.

San Francisco 150

San Francisco Founder DC Washington 150

Steve Blank

MAY 3, 2011

Veritas needs three types of partners: installers (to reduce their overhead,) certification authorities (who would provide credibility) and government and research labs (for testing facilities). What are the key financials metrics for costs in your business model? They worked on understanding their partners. Importance of cash flows?

South Dakota 232

South Dakota Business Model Lean United States 232

Startup Lessons Learned

SEPTEMBER 15, 2009

g2s The very abbreviated version of Customer Development (channeling Steve Blank ). g2s The very abbreviated version of Customer Development (channeling Steve Blank ). Every bit as true for government as for enterprise - and even the two guys in a garage. Federal government should do nothing.

San Francisco 92

San Francisco DC Washington Lean 92

Startup Lessons Learned

MARCH 6, 2010

Our trip was bipartisan, bicameral, and bi-branches-of-government. Our trip was bipartisan, bicameral, and bi-branches-of-government. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? No departments The Five Whys for Startups (for Harvard Business R.

San Francisco 113

San Francisco DC Washington Startup 113

Startup Lessons Learned

JUNE 21, 2010

It also causes them to miss the numerous other kinds of startups that appear in less-glamorous settings: inside enterprises, non-profits, and even governments. I prefer to take the most expansive possible definition of product, one that encompasses any source of value for a set of people who voluntarily choose to become customers.

San Francisco 168

San Francisco Startup Lean Continuous Deployment 168

Startup Lessons Learned

OCTOBER 16, 2013

But we couldn''t have identified this without having clear metrics (that high bug count) to assess our development process. On Customer Development in a growing company, Wyatt offered the following advice: Wyatt: We''ve employed a number of systems in the organization that keep all of us close to the customer.

Lean 167

Lean Startup Software Engineering Agile 167

Startup Lessons Learned

SEPTEMBER 8, 2009

Im writing this post from an airplane headed to Washington DC, where Ill be presenting at the Government 2.0 Im especially curious to gauge the reaction of the civilian and military representatives of our government. Ive been in a few government-themed meetings recently, so I know some of the standard answers.

DC 90

DC Washington San Francisco SBIR 90

Startup Lessons Learned

NOVEMBER 11, 2008

To an early observer, it would have seemed obvious that Route 128 had all the advantages: a head start, more government and military funding, and far more established companies. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? What is customer development?

Silicon Valley 68

Silicon Valley San Francisco Lean Continuous Deployment 68

Steve Blank

JUNE 5, 2018

However, without any measurable milestones to show evidence of the evolution of what the team has learned about validity of the problem, customer needs, pivots, etc., Some examples of innovation tools are Customer Development, Design Thinking, User-Centric Design, Business Model Canvas, Storytelling, etc. Minimum viable what?)

Programming 325

Programming Incubator Leadership Silicon Valley 325

Steve Blank

MAY 26, 2009

Don’t share the details of your manufacturing process with customers until you’ve locked up your intellectual property.” Government Regulations I turned to the class and said, “The rest of you can keep building your company and shipping your product because you don’t need to worry about government regulations.

Vertical 156

Vertical Silicon Valley Intellectual Property RSS 156

maplebutter.com

JANUARY 8, 2013

Written By Dan Martell on February 2nd, 2012 | Category: Hiring LeanStartup Marketing Metrics Startup Life | 6 Comments. Building Metrics / Usage Reports / KPI 3. Product/Metrics (70%/30% time) * Get your product activation (sign-up + meaningful action) to 60% * then, Get your product retention to 20% weekly. 10) Metrics.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Startup Lessons Learned

OCTOBER 11, 2008

We knew IMVU would be a socializing platform, and so we decided that we would let our customers interact using their own rules for assigning status, like we do in the physical world. The government doesnt assign each clothing brand its own level of benefit. No departments The Five Whys for Startups (for Harvard Business R.

San Francisco 68

San Francisco Lean Continuous Deployment DC 68

Startup Lessons Learned

SEPTEMBER 11, 2009

I agree that listening and communicating is a key to success, but customer development can only do so much. In a history of totalitarian governments, there's one common thing. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? September 13, 2009 11:57 AM Anonymoussaid.

Community 158

Community Management Lean Software Review 158