Steve Blank

SEPTEMBER 3, 2009

This post describes how the traditional product development model distorts startup sales, marketing and business development. Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development.

Customer Development 228

Customer Development Developer Silicon Valley Customer 228

ConversionXL

JANUARY 24, 2014

Today, I was fortunate enough to get Hunter Boyle – Senior Business Development Director of AWeber to talk with us about what exactly business development is, and the role it can play on conversions. In my interview with Hunter, we discuss: The key responsibilities of a business development professional.

Developer 104

Developer API Cofounder New Jersey 104

Steve Blank

SEPTEMBER 17, 2013

And I couldn’t have been put in a better place: testing the Air Force’s newest network security acquisitions. We were modernizing datacenters, buying vulnerability-scanning software, and adding intrusion detection appliances – all things typical of anyone running an enterprise-scale network. Doing it Wrong.

Lean 268

Lean Technical Review Acquisition Software Review 268

Steve Blank

APRIL 7, 2020

The classes are built on the Lean Startup methodology: Customer Discovery, Agile Engineering and the Business/Mission Model Canvas. So how do our students get out of the building to talk to customers to do Customer Discovery when they can’t get out of the building? Reminder: What’s the Point of Talking to Customers ?

Customer 419

Customer Business Model Restful Video 419

YoungUpstarts

SEPTEMBER 12, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “ The old paradigm works like this: Your company produces goods and services that help customers get a job done. In return, the customers pay you money.

Customer 168

Customer Social Media Retention Canada 168

The Equity Kicker

MARCH 3, 2014

When I started with Forward Partners I went out to speak with a bunch of our target customers, entrepreneurs, and I learned a bunch of stuff which helped shape our strategy of empowering great entrepreneurs with minority stake investments and real-world useful help – but I’d have learned much more if I’d read this book first.

Customer Development 94

Customer Development Developer Customer Hosting 94

Steve Blank

JUNE 8, 2021

This class is built on conducting in-person of interviews with customers/ beneficiaries and stakeholders, but due to the pandemic, teams now had to do all their customer discovery via a computer screen. How would customer interviews work via video? See here for an extended discussion of remote customer discovery.).

Lean 413

Lean Security Asia SBIR 413

YoungUpstarts

OCTOBER 22, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “ Harnessing the power of references and referrals seems like an obvious win. What could make more sense than to leverage the enthusiasm of happy customers to convince buyers that they need your products and services?

Programming 145

Programming Customer Social Media Advisory Board 145

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 304

Lean Business Model Customer Development Guinea 304

The Startup Magazine

SEPTEMBER 22, 2020

The growth of social networking, the spread of mobile devices, and the advances in the use of cloud computing have changed how people consume content from the news and media industry. It has also made it easy for them to deliver content to different devices, hence reaching a large number of customers.

API 109

API Media Agile Technical Review 109

YoungUpstarts

OCTOBER 24, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “. It’s hard to believe these are the methods and tools of a profession designed to attract and persuade us to become customers — especially when “we the buyers” increasingly ignore them. Pushy salespeople.

Marketing 234

Marketing Software Review Technical Review Social Network 234

Steve Blank

JANUARY 27, 2011

student of our MS&E department at Stanford ,) where they are set on being a leader in developing the management science of entrepreneurship. This startup search process is the business model / customer development / agile development solution stack. The 47th (-46) Annual Business Model Competition.

Business Model 283

Business Model Utah Intellectual Property Agile 283

YoungUpstarts

DECEMBER 21, 2011

Providing exceptional customer service has long been seen as a competitive advantage. All of these changes actually underscore the importance of getting back to the basics of treating customers as individuals with unique needs. In 2012, smart, forward-looking companies will be viewing customer service in new ways. Being Social.

Customer 154

Customer Retention Social Media Technical Review 154

Up and Running

MARCH 21, 2018

If you want to compete with them, you’re going to have to develop a reputation and a strong web presence yourself. Company branding builds trust and an emotional connection between businesses and potential customers. On places like Facebook, where the CPM (cost to reach 1,000) is the cheapest of any ad network ever: Source.

Entrepreneur 107

Entrepreneur Technical Review Hosting SEO 107

Startup Lessons Learned

DECEMBER 1, 2014

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. Hugh Molotsi , an accomplished innovator at Intuit , will talk about recognizing good ideas in big organizations.

Lean 165

Lean Fractional CTO Part-Time VPE Fractional VPE 165

Steve Blank

JANUARY 28, 2013

The bootcamp requested that participants do what entrepreneurs do before requesting seed funding – Discover, Network and Accelerate. (In Filed under: Big Companies versus Startups: Durant versus Sloan , Business Model versus Business Plan , Customer Development , Teaching.

Programming 298

Programming Design Lean Seed Money 298

David Teten

APRIL 1, 2021

Nick Kim , Crosscut’s Head of Platform, in his presentation at the 4th Annual VC Platform Summit, shared their Platform development methodology, which he viewed as an exercise in product development. For example, recruiting writ large is useful at all stages of development. I have developed a founder curriculum on my blog.

Private Equity 78

Private Equity Venture Capital Portfolio Equity 78

Steve Blank

MAY 29, 2011

He was part of the Sandbox network - a group of incredibly smart under 30 year olds.). more likely to successfully scale with product-centric startups with no network effects than with product-centric startups that have network effects. Filed under: Customer Development , Teaching , Venture Capital.

Technical Cofounder 334

Technical Cofounder Early Stage Startup Silicon Valley 334

The Startup Magazine

FEBRUARY 6, 2019

Mobile app development is undoubtedly more expensive than website development. Social media integration is cheap and easy to set up, helping you reach customers through social networks. Finding The Right Developer. In this post, we’ll help you decide by explaining what sets mobile apps and websites apart.

Mobile 99

Mobile Australia Social Media Social Network 99

Steve Blank

JANUARY 28, 2013

The bootcamp requested that participants do what entrepreneurs do before requesting seed funding – Discover, Network and Accelerate. (In Filed under: Big Companies versus Startups: Durant versus Sloan , Business Model versus Business Plan , Customer Development , Teaching.

Programming 290

Programming Design Lean Seed Money 290

Both Sides of the Table

JUNE 8, 2010

We’re here for Greycroft’s CEO Summit – a gathering of the CEO’s of their portfolio companies with guest speakers covering topics including how to build your team, PR, customer development, etc. It is the key to “customer development” that Steve Blank talks about. I felt the same way.

PR 279

PR Technical Review Portfolio Customer Development 279

Steve Blank

APRIL 14, 2013

For the last 10 years China essentially closed its search, media and social network software market to foreign companies with the result that Google, Facebook, Twitter, YouTube, Dropbox, and 30,000 other websites were not accessible from China. Filed under: China , Customer Development , Technology , Venture Capital.

China 327

China Silicon Valley Non-Compete Intellectual Property 327

Steve Blank

JUNE 12, 2020

Second, this class – which is built on the idea of interviewing customers/beneficiaries and stakeholders in person – now had to do all their customer discovery via a computer screen. How on earth would customer interviews work via video? Hacking for Conservation and Development at Duke followed.

Oakland 313

Oakland Asia Lean Video 313

YoungUpstarts

OCTOBER 12, 2012

by Bill Lee, author of “ The Hidden Wealth of Customers: Realizing the Untapped Value of Your Most Important Asset “ On the surface, Facebook seems like a marketer’s dream. This points to a fundamental disconnect between established companies and the customers they’re trying to reach. Find and leverage your customer influencers.

Social Media 164

Social Media Media Marketing Software Review 164

Steve Blank

MAY 19, 2021

Connectors – who will help teams rapidly grow their networks to gain new insights from unique partners not yet discovered. Advisors – who will provide alternative viewpoints that will enable teams to see clearer pathways through bureaucracies.

Curation 350

Curation Technical Review Lean Australia 350

Startup Lessons Learned

SEPTEMBER 14, 2008

Lessons Learned by Eric Ries Sunday, September 14, 2008 How to listen to customers, and not just the loud people Frequency is more important than talking to the "right" customers, especially early on. Youll know when the person youre talking to is not a potential customer - they just wont understand what youre saying.

San Francisco 131

San Francisco Customer Lean Continuous Deployment 131

YoungUpstarts

APRIL 19, 2017

In e-commerce, retaining customers is essential to the survival of your business. It has long been known that keeping a customer is much cheaper than acquiring a new one, as those customers tend to be far more receptive to sales and promotions after they have made an initial purchase with you. Engage your customers.

Software Review 133

Software Review Technical Review Retention Channel 133

Steve Blank

APRIL 14, 2013

For the last 10 years China essentially closed its search, media and social network software market to foreign companies with the result that Google, Facebook, Twitter, YouTube, Dropbox, and 30,000 other websites were not accessible from China. Filed under: China , Customer Development , Technology , Venture Capital.

China 219

China Silicon Valley Non-Compete Intellectual Property 219

conversionxl.com

SEPTEMBER 10, 2013

It’s Not a Conversion Problem, It’s a Customer Development Problem. The most common mistake startups make is assuming they can operate the same way big companies do, and expect success with little to no feedback from potential customers. This is a customer development problem. Website Analysis.

Customer Development 60

Customer Development Conversion Developer Customer 60

The Startup Magazine

DECEMBER 1, 2022

So if you’re planning to start your own company, develop these essential entrepreneurial skills. It is no wonder that so many people strive to develop this quality within themselves. Creative individuals can see problems from new perspectives and develop innovative solutions. Communication And Networking Skills.

Florida 149

Florida Leadership Networking Management 149

Steve Blank

SEPTEMBER 14, 2009

To do this they have to accomplish five things; 1) get deal flow – via networking and legwork, they identify likely industries, companies and teams with the potential for rapid growth (less than 10 years), 2) evaluate those companies and teams on the basis of technology, market opportunity, and team.

Silicon Valley 235

Silicon Valley IPO Technical Review Venture Capital 235

Steve Blank

OCTOBER 31, 2014

But if you want to build a scalable startup you need to be asking how you can you get enough customers/users/payers to build a business that can grow revenues past several $100M/year. One of the groups I spoke to was the Australian Sports Technology Network. With 317 million people the U.S. has a large enough market that most U.S.

Global 335

Global Australia Silicon Valley China 335

Feld Thoughts

NOVEMBER 18, 2013

One of them used to be a lead developer at [insert hot consumer tech company here]. Early customer development talks are going great which keeps the team really excited. Soundbites from potential customers are encouraging. At month six, one of the early hires leaves, a developer who turns out wasn’t a good fit.

Burn Rate 152

Burn Rate Equity Software Review Early Stage 152

Steve Blank

NOVEMBER 8, 2013

In this example the startup is creating a new category – a lifelong learning network for entrepreneurs. What the chart is saying is, “we think our customers will come from these markets.” You use this chart to articulate your first hypotheses of who are customers segments you’re targeting.

Venture Capital 335

Venture Capital Customer Development Business Model Lean 335

The Next Web

MAY 4, 2013

Editor’s note: This is a guest post by Stefano Bernardi, who is on the founding team of Betable , where he heads Customer Development. Coming to San Francisco to network, meet interesting people, get advice on your company is a great learning opportunity and the cost is well worth it. It’s all about the network.

San Francisco 159

San Francisco Europe Technical Review Due Diligence 159

Steve Blank

AUGUST 12, 2013

Since he wasn’t from Silicon Valley, he decided to use his time up here networking with other meetings with VC’s and company executives. I now have a filter for which emails get my attention, so I was curious in hearing what Jason, who I think of as pretty good at networking, was asking for when he was trying to set up meetings. “Oh,

Silicon Valley 336

Silicon Valley Deal Flow Customer Development Stock 336

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.

Portfolio 144

Portfolio Private Equity Venture Capital Early Stage 144