Remove Distribution Remove Founder Remove Incubator Remove Lean
article thumbnail

Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

—– Lean Innovation Management. In the last five years “ Lean Startup ” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. The result will be: a new, Lean version of the Three Horizons of Innovation. Here’s how.

Lean 120
article thumbnail

Lessons Learned: The lean startup

Startup Lessons Learned

Lessons Learned by Eric Ries Monday, September 8, 2008 The lean startup Ive been thinking for some time about a term that could encapsulate trends that are changing the startup landscape. After some trial and error, Ive settled on the Lean Startup. I like the term because of two connotations: Lean in the sense of low-burn.

Lean 168
Insiders

Sign Up for our Newsletter

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

article thumbnail

The Class That Changed the Way Entrepreneurship is Taught

Steve Blank

Business plans presume that building a startup is a series of predictable steps requiring execution of a plan which assumes a series of known facts: known customers, known features, known pricing, known distribution channel. Cases and plans are useful for teaching managers of process, not founders. experiential. The Syllabus.

Lean 436
article thumbnail

The Evolution of Entrepreneurial Education and Corporate Innovation

Steve Blank

Lean LaunchPad class developed for Stanford. The easy part is, “Let’s have an incubator.” And the Lean LaunchPad class I developed at Stanford was the first such class. Worth a read. Interview highlights: How is the way that universities teach entrepreneurship evolving? Mission-Driven Entrepreneurship. .

Incubator 332
article thumbnail

Watching My Students Grow

Steve Blank

— Its been three and a half years since I first designed and taught the Lean LaunchPad class and lots of water has gone under the bridge since then. Like in all our Lean Launchpad classes we teach a combination of theory coupled with intense and immersive experiential learning outside the classroom. The Autonomous Lawnmower.

Lean 278
article thumbnail

When Krave Jerky Showed up in Class with a $435,000 Check

Steve Blank

I remind my students that I’m teaching them a methodology they can use the rest of their careers, not running an incubator. Hershey just bought Krave Jerky, a team in our 2011 Berkeley Lean LaunchPad class, for >$200 million. The Lean LaunchPad class works for existing businesses as well as new startups. Lessons Learned.

article thumbnail

Entrepreneurs are Everywhere – Show No. 16: Wayne Sutton and Dave Kashen

Steve Blank

The show follows the journeys of founders sharing their experiences of what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Joining me this week at the Stanford University studio were: Wayne Sutton , co-founder of BUILDUP VC. Dave Kashen.