Remove Customer Development Remove Intellectual Property Remove Revenue Remove Software
article thumbnail

I-Corps @ NIH – Pivoting the Curriculum

Steve Blank

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. “Customer Development” to test the hypotheses outside the building and. Customer Segments change over time. I-Corps @ NIH Lecture Order Details.

article thumbnail

How To Find the Right Co-Founders?

Steve Blank

Activities define the unique expertise your company needs to deliver the value proposition, customers, channels, customer relationships and/or revenue. (If For example, if you’re building a mobile app, then the key activities are: app software development, user interface design and demand creation skills.

Cofounder 335
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

From Idea To Execution: Building An Efficient Workflow For Your New Venture

The Startup Magazine

Then, consider how you’ll reach your customers and what kind of relationship you want to build with them. Revenue streams are another critical component of your business model. They allow you to easily edit, share, and collaborate on documents without the need for multiple software solutions.

article thumbnail

Hacking for Diplomacy – The State Department Takes Notice

Steve Blank

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. The student teams have learned tons about how the State Department is organized and how it works (or doesn’t).

article thumbnail

Hacking for Diplomacy – The State Department Takes Notice

Steve Blank

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. The student teams have learned tons about how the State Department is organized and how it works (or doesn’t).

article thumbnail

The Rise of the Lean VC – Consumer Internet Gets Its Own Investors

Steve Blank

VC’s invested in things that ran on electrons: hardware, software and silicon. 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.

Lean 260
article thumbnail

The LeanLaunch Pad at Stanford – Class 3: Value Proposition Hypotheses

Steve Blank

Week 3 of the class and our teams in our Stanford Lean LaunchPad class were hard at work using Customer Development to get out of the classroom and test the first key hypotheses of their business model: The Value Proposition. This post is part three. Part one is here , two is here. Syllabus is here. The Nine Teams Present.

Cloud 232