Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

NOVEMBER 16, 2009

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. However the Customer Development Model and the Lean Startup work equally well for startups on the web.

Customer Development 219

Customer Development Web Developer Customer 219

Steve Blank

SEPTEMBER 7, 2009

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. Part 4 of the Customer Development Manifesto to follow.

Customer Development 224

Customer Development Developer Customer Silicon Valley 224

Steve Blank

NOVEMBER 30, 2009

Customer Development is all about gathering a list of what features customers want by talking to them, surveying them, or running “focus groups.” Customer Development is about Testing the Founder’s Hypothesis Any idiot can get outside the building and ask customers what they want, compile a feature list and hand it to engineering.

Customer Development 278

Customer Development Developer Customer Silicon Valley 278

Steve Blank

SEPTEMBER 1, 2021

Do they have better sales, marketing, or product development groups? What the winners start with is the realization that in a world of continuous disruption, they have only a few years to develop new capabilities or be pushed over the brink. Today, lean is the de facto method for building new start-ups. Are their people smarter?

Incubator 402

Incubator Lean Agile Business Model 402

Up and Running

AUGUST 30, 2021

Angel investors, venture capital firms, accelerators, and (maybe) the newer equity crowdfunding will look to see if you have previous experience in startups. Go lean with your planning. A startup is about execution and speed, so you need to start lean. You learn this a lot faster by working at other startups first.

Entrepreneur 132

Entrepreneur Lean Colorado Engineer 132

Steve Blank

JULY 7, 2009

luck… and as one of Steve Blank’s posts today mentioned, you can’t test hypotheses from within your building.

Customer Development 124

Customer Development Developer Silicon Valley Customer 124

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf. I’m going to start with what’s a lean business plan.

Lean 60

Lean Business Plan Video Software Review 60

Both Sides of the Table

JUNE 29, 2011

Yesterday I wrote Part 1 of the series on the changes to the software industry over the past decade that has led to changes in the venture capital industry itself. Hats off to Michael Kim of Cendana Capital – the first person I’ve spotted who focuses just on Micro VC. They should start “lean.&#

Venture Capital 296

Venture Capital Software LP Early Stage 296

Both Sides of the Table

SEPTEMBER 10, 2021

how on Earth could the venture capital market stand still? One of the most common questions I’m asked by people intrigued by but also scared by venture capital and technology markets is some variant of, “Aren’t technology markets way overvalued? What Does this Mean for a Venture Capital Firm?

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

David Teten

OCTOBER 1, 2015

Should you co-found your company with a software development shop? I’ve seen a range of options for supporting entrepreneurs, which I can rank from least to most involvement in companies by investors: financier VCs, e.g., Correlation Ventures. Vlad is also the CEO at DarwinApps , a software development shop.

Software Developers 60

Software Developers Software Development Software Review Technical Cofounder 60

Steve Blank

SEPTEMBER 14, 2009

Over the same 30 years, Venture Capital firms have honed their skills and strategies to match Wall Streets needs to achieve liquidity for their portfolio companies. One of the biggest mistakes entrepreneurs make is misunderstanding the role of venture capital investors. What Do VC’s Do?

Silicon Valley 217

Silicon Valley IPO Technical Review Venture Capital 217

Steve Blank

DECEMBER 17, 2015

Successful Innovation Outposts typically develop over a period of time through three stages. Therefore, the profile of the initial team to staff an Innovation Outpost should be a technology-savvy business development group. In Stage 2, the corporation adds venture capital and/or mergers-and-acquisition teams to provide these functions.

Silicon Valley 120

Silicon Valley Incubator Acquisition Business Model 120

Startup Lessons Learned

SEPTEMBER 11, 2019

Guest post by Lean Startup Co. This October marks the 10th anniversary of the Lean Startup Conference. Our team was deeply invested in the process and as Hisham Ibrahim , Senior Faculty at Lean Startup Co. Our team was deeply invested in the process and as Hisham Ibrahim , Senior Faculty at Lean Startup Co. Events Team ?

Lean 94

Lean Design Startup Venture Capital 94

crowdSPRING Blog

SEPTEMBER 19, 2014

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! The Myth of Venture Capital | Re/code by Jon Oringer – crowdspring.co/1tNFeV7. Bad Notes on Venture Capital – crowdspring.co/1u3NJvn. 1m69Rmd.

Social Media 94

Social Media Small Business Design Media 94

Steve Blank

MARCH 19, 2009

Now with a new infusion of $8 million dollars of venture capital, SuperMac had been resurrected from the dead and was attempting to restart. The assets were a series of products already developed and on the market or in the development pipeline. The first step was to recruit a new management team.

Silicon Valley 146

Silicon Valley Software Review Technical Review RSS 146

Steve Blank

AUGUST 13, 2009

Customer Development/Lean Startups In hindsight startups and the venture capital community left out the most important first step any startup ought to be doing – hypothesis testing in front of customers- from day one. It’s what my textbook on Customer Development describes. I was an idiot. Berkeley and at Stanford.

Silicon Valley 179

Silicon Valley RSS Technical Review Lean 179

Steve Blank

FEBRUARY 23, 2009

I was consulting for the two venture capital firms who between them put $12 million into my last failed startup. I began to gain an appreciation of how world-class venture capitalists develop pattern recognition for these common types of problems. “Oh Oh yes, company X, they’re having problem 343.

Silicon Valley 125

Silicon Valley RSS Venture Capital Customer Development 125

Steve Blank

JANUARY 20, 2014

When Customer Development and the Lean Startup were just a sketch on the napkin, Dino Vendetti, a VC at Bay Partners, was one of the first venture capitalists I shared my ideas with. Over the years we brainstormed about how Lean entrepreneurship would affect regional development. What’s Different.

Silicon Valley 312

Silicon Valley Oregon Lean Venture Capital 312

crowdSPRING Blog

APRIL 26, 2013

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Empower Your Small Business: trust & loyalty, marketing insight, lean business – [link]. Why developers are leaving the Facebook platform | by Andrew Chen – [link].

Social Media 90

Social Media Small Business Design Media 90

Both Sides of the Table

FEBRUARY 27, 2019

Very few people turn up with a strong sense of “what we should be doing” or ready to lean into a productive conversation The financials were prepared by the VP of Finance / CFO. This can include: Fund raising, product development choices, sales, marketing effectiveness, competition, business development, M&A … whatever.

Stock Options 226

Stock Options Metrics Stock Valuation 226

crowdSPRING Blog

MAY 11, 2012

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Lean Marketing: Delivering Customer Service via Social Media – [link]. Six Myths of Product Development – [link]. Six Myths of Product Development – [link].

Social Media 92

Social Media Small Business Design Media 92

Startup Lessons Learned

OCTOBER 4, 2008

Maybe youd like to start with The lean startup , How to listen to customers , or What does a startup CTO actually do? ) In 2007, BusinessWeek named Ries one of the Best Young Entrepreneurs of Tech and in 2009 he was honored with a TechFellow award in the category of Engineering Leadership. Looking forward for your future posts.

San Francisco 155

San Francisco Technical Cofounder Fractional CTO CTO 155

Steve Blank

NOVEMBER 23, 2009

The Times Square Strategy discussion I had with Eric Ries , was still top of mind, so instead of my standard Customer Development lecture , I offered my thoughts on: the origin of Customer Development, where we are today, and where does Customer Development go, and how you can help get it there.

Customer Development 212

Customer Development Developer Silicon Valley Customer 212

Steve Blank

JULY 2, 2009

To an entrepreneur, being asked to join a venture firm with an Entrepreneur-in-Residence title means you have been tapped on the shoulder by the VC gods. The CDROM content business in the early 1990’s was one of the many of the long line of venture capital fads. Lots of ideas sound exciting because people are clueless.

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

crowdSPRING Blog

SEPTEMBER 21, 2012

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Small Business Newsletter: 7 habits of successful entrepreneurs, lean marketing and more – [link]. How Bad Leadership Spurs Entrepreneurship – [link]. – [link].

Social Media 94

Social Media Small Business Design Media 94

Steve Blank

NOVEMBER 9, 2009

PS1- I run a small software startup in Brazil and just found out about Customer Development and your blog (I’ve been reading and listening to everything I can get my hands on online, like Venturehacks and Ries’ blog). Oh , yes, many potential prospects are glad to request developer credentials for a free account, but never log in.

Silicon Valley 324

Silicon Valley Software Review RSS Technical Review 324

Steve Blank

APRIL 10, 2009

Customer Development ) to help you quickly recognize and reverse any incorrect decisions. Customer Development) to help you quickly recognize and reverse any incorrect decisions.&# My advice was to start a policy of making reversible decisions before anyone left his office or before a meeting ended. That’s why startups are agile.

Silicon Valley 300

Silicon Valley RSS Startup Agile 300

crowdSPRING Blog

NOVEMBER 30, 2012

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Ad Nauseum Leadership: Use Repetition to Reiterate What’s Important – [link]. The problem with a Lean Startup: the Minimum Viable Product | Paul Kortman – [link].

Social Media 100

Social Media Small Business Central African Republic Design 100

Steve Blank

OCTOBER 19, 2009

I think it’s something our business people realize, as they are actively reaching out to the web development community and attending meetups and conferences in things they don’t have any knowledge of, but give them a taste of what our job is like every day.

Engineer 198

Engineer Silicon Valley Part-Time VPE Advisory Board 198

crowdSPRING Blog

AUGUST 3, 2012

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Lean Marketing Tips: Increasing Lifetime Value With Email Campaigns – [link]. Trends In Venture Capital Over The Last 12 Years – [link]. Pink is the New Purple!

Social Media 92

Social Media Small Business Design Media 92

Steve Blank

NOVEMBER 26, 2009

So no post today on entrepreneurship, Secret History of Silicon Valley, Customer Development, Lean Startups, etc. Our friends who run the state park surrounding our ranch will join all of us for Thanksgiving dinner. Just a reflection on my family and hopes for our children.

Silicon Valley 137

Silicon Valley Turkey United States RSS 137

Steve Blank

APRIL 20, 2009

Berkeley Haas Business School was courageous enough to give me a forum teach the Customer Development Methodology. And since there was no Venture Capital in the 1950′s/’60′s where was the money coming from? After I retired, Jerry Engel , director of the Lester Center on Entrepreneurship , at U.C.

Silicon Valley 270

Silicon Valley RSS San Francisco Technical Review 270

Steve Blank

DECEMBER 7, 2009

Customer Development We were starting Epiphany, my last company. Our competitor was executing on hypotheses we had developed 9 months ago, and their strategy remained static. EE Reply My take on Customer Development and the Lean Startup | Recess Mobile Blog , on January 9, 2010 at 5:30 am Said: [.]

Silicon Valley 225

Silicon Valley Non-disclosure Agreement NDA Startup 225

Steve Blank

JUNE 11, 2009

However, you will be dealing with almost daily change, (new customer feedback/insights from a Customer Development process and technical roadblocks ,) as the company searches for a repeatable and scalable business model. » Dig for Leadership - Stories that try to make the world a better place. , You’re not joining a big company.

Cofounder 219

Cofounder Founder Silicon Valley Technical Cofounder 219

Steve Blank

MAY 29, 2019

Lean LaunchPad class developed for Stanford. Other classes were on how to prep for VC pitches or develop the five year income statements, balance sheets and cash flows or read case studies. And the Lean LaunchPad class I developed at Stanford was the first such class. Worth a read. Mission-Driven Entrepreneurship.

Incubator 331

Incubator Lean Programming Government 331

crowdSPRING Blog

MARCH 1, 2013

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! The 7 Myths of Lean and How Analytics Can Help – [link]. Startups, Throw Out Your Financial Models: The Argument For Lean Modeling | Forbes – [link].

Social Media 97

Social Media Small Business Design Media 97