Steve Blank

What Startups Need to Know About Regulated Markets

Steve Blank

Often the opposite of disruption is the status quo. If you’re a startup trying to disrupt an existing business you need to read The Fixer by Bradley Tusk and Regulatory Hacking by Evan Burfield. These two books, one by a practitioner, the other by an investor, are must-reads.

Is the Lean Startup Dead?

Steve Blank

A version of this article first appeared in the Harvard Business Review. Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital.

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Why Entrepreneurs Start Companies Rather Than Join Them

Steve Blank

If you asked me why I gravitated to startups rather than work in a large company I would have answered at various times: “I want to be my own boss.” “I I love risk.” “I I want flexible work hours.” “I I want to work on tough problems that matter.” “I I have a vision and want to see it through.” “I

The Innovation Stack: How to make innovation programs deliver more than coffee cups

Steve Blank

Is your organization full of Hackathons, Shark Tanks, Incubators and other innovation programs, but none have changed the trajectory of your company/agency? Over the last few years Pete Newell and I have helped build innovation programs inside large companies, across the U.S.

The Difference Between Innovators and Entrepreneurs

Steve Blank

I just received a thank-you note from a student who attended a fireside chat I held at the ranch. Something I said seemed to inspire her: “I always thought you needed to be innovative, original to be an entrepreneur. Now I have a different perception.

Innovation at Speed – when you have 2 million employees

Steve Blank

Success no longer goes to the country that develops a new fighting technology first, but rather to the one that better integrates it and adapts its way of fighting… Our response will be to prioritize speed of delivery, continuous adaptation, and frequent modular upgrades.

Leadership is More Than a Memo

Steve Blank

I just read Brotopia: Breaking Up the Boys’ Club of Silicon Valley. It was both eye-opening and cringe-worthy. The book explores the role of gender in the tech industry – at startups and venture capital firms – and the interaction between men and women in the two.

The No Excuses Culture

Steve Blank

Getting ready for our next semester’s class, I asked my Teaching Assistant why I hadn’t seen the posters for our new class around campus. Hearing the litany of excuses that followed –“It was raining.” (The The posters go inside the building.) “We We still have time.” (We

How companies strangle innovation – and how you can get it right

Steve Blank

A shorter version of this post first appeared on the HBR blog. — I just watched a very smart company try to manage innovation by hiring a global consulting firm to offload engineering from “distractions.”

Don’t let process distract you from finding the strategy

Steve Blank

When you’re up to your neck in alligators, don’t forget the goal was to drain the swamp. I love teaching because I learn something new every class. This time it was, “Don’t let process distract you from finding the strategy.”.

Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

What happens to a company when a visionary CEO is gone? Most often innovation dies and the company coasts for years on momentum and its brand. Rarely does it regain its former glory. Here’s why.

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Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

Steve Blank

What happens to a company when a visionary CEO is gone? Most often innovation dies and the company coasts for years on momentum and its brand. Rarely does it regain its former glory. Here’s why.

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Why the Future of Tesla May Depend on Knowing What Happened to Billy Durant

Steve Blank

A version of this article appeared in the Harvard Business Review. Elon Musk, Alfred Sloan, and entrepreneurship in the automobile industry. The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. The guy who replaced him invented the idea of the modern corporation.

There are 145 Entrepreneurship Courses at Stanford

Steve Blank

Stanford is an incubator with dorms. Download the full text file with links to the courses here. link]. Filed under: Hacking For Defense , Hacking for Diplomacy , Lean LaunchPad , Teaching. Hacking For Defense Hacking for Diplomacy Lean LaunchPad Teaching

There are 145 Entrepreneurship Courses at Stanford

Steve Blank

Stanford is an incubator with dorms. Download the full text file with links to the courses here. Filed under: Hacking For Defense , Hacking for Diplomacy , Lean LaunchPad , Teaching. Hacking For Defense Hacking for Diplomacy Lean LaunchPad Teaching

The 11 Bad Habits Killing Innovation in Your Company

Steve Blank

Alexander Osterwalder invented the Business Model Canvas , co-founded strategyzer.com and was the lead author of Business Model Generation which sold a million copies in 30 languages. Alexander and I often collaborate on new ideas for corporate innovation.

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The 11 Bad Habits Killing Innovation in Your Company

Steve Blank

Alexander Osterwalder invented the Business Model Canvas , co-founded strategyzer.com and was the lead author of Business Model Generation which sold a million copies in 30 languages. Alexander and I often collaborate on new ideas for corporate innovation.

Agile 333

How The Marine Corps Builds an Innovation Culture

Steve Blank

Jennifer Edgin is the Chief Technology Officer of the Intelligence Division at the Headquarters of the Marine Corps.

How The Marine Corps Builds an Innovation Culture

Steve Blank

Jennifer Edgin is the Chief Technology Officer of the Intelligence Division at the Headquarters of the Marine Corps.

Machine Learning Meets the Lean Startup

Steve Blank

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products.

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Machine Learning Meets the Lean Startup

Steve Blank

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products.

Lean 323

Tesla Lost $700 Million Last Year, So Why Is Tesla’s Valuation $60 Billion?

Steve Blank

Automobile manufacturers shipped 88 million cars in 2016. Tesla shipped 76,000. Yet Wall Street values Tesla higher than any other U.S. car manufacturer. What explains this more than 1,000 to 1 discrepancy in valuation? The future.

Working Outside the Tech Bubble

Steve Blank

Annual note to self – most of the world exists outside the tech bubble. —– We have a summer home in New England in a semi-rural area, just ~10,000 people in town, with a potato farm across the street. Drive down the road and you can see the tall stalks of corn waving on other farms. Most people aren’t in tech or law or teaching in universities; they fall solidly in what is called working-class.

Hacking for Defense @ Stanford 2018 – wonder and awe

Steve Blank

We just finished our 3rd annual Hacking for Defense class at Stanford. Six teams presented their Lessons Learned presentations. Watching them I was left with wonder and awe about what they accomplished in 10 weeks.

Dalhousie University Commencement Speech – 2017

Steve Blank

Light a path for the better angels. Thank you, Chancellor McLellan, President Florizone, Dean Charlebois, Dr. Hewitt, and Dr. Kilfoil for the invitation to speak today and thank you for the honorary degree. I’m honored to speak at a university whose motto is: Pray and Work.

Removing the Roadblocks to Corporate Innovation – When Theory Meets Practice

Steve Blank

Innovation theory and innovation in practice are radically different. Here are some simple tools to get your company’s innovation pipeline through the obstacles it will encounter.

Everything You Ever Wanted to Know about Marketing Communications

Steve Blank

I was having coffee with the CEO of a new startup, listening to her puzzle through how to communicate to potential customers. She was an academic on leave from Stanford now selling SAAS software to large companies, but was being inundated with marketing communications advice. “My

Office of Naval Research (ONR) Goes Lean

Steve Blank

The Office of Naval Research (ONR) has been one of the largest supporters of innovation in the U.S. Now they are starting to use the Lean Innovation process (see here and here ) to turn ideas into solutions. The result will be defense innovation with speed and urgency. —-.

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Why good people leave large tech companies

Steve Blank

If you want to build a ship, don’t drum up the people to gather wood, divide the work, and give orders. Instead, teach them to yearn for the vast and endless sea. Antoine de Saint-Exupéry. I was visiting with an ex-student who’s now the CFO of a large public tech company. The company is still one of the hottest places to work in tech. They make hardware with a large part of their innovation in embedded software and services.

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CoinOut Gets Coin In

Steve Blank

It’s always fun to see what happens to my students after they leave class. Jeff Witten started CoinOut four years ago in my Columbia University 5-day Lean LaunchPad class.

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The State Department Meets the Lean Startup – Hacking For Diplomacy

Steve Blank

The academic year is in full swing at Stanford and already we’re deep into our new Hacking for Diplomacy course.

Lean 284

The State Department Meets the Lean Startup – Hacking For Diplomacy

Steve Blank

The academic year is in full swing at Stanford and already we’re deep into our new Hacking for Diplomacy course.

Lean 284

Hacking for Diplomacy at the State Department – Breakthroughs, breakdowns and relentlessly direct critiques

Steve Blank

Time flies. We are already past the midway mark in our new Hacking for Diplomacy course at Stanford, and for both students and instructors, it’s an intellectually and emotionally charged period.

Hacking for Diplomacy at the State Department – Breakthroughs, breakdowns and relentlessly direct critiques

Steve Blank

Time flies. We are already past the midway mark in our new Hacking for Diplomacy course at Stanford, and for both students and instructors, it’s an intellectually and emotionally charged period.

Why Some Startups Win

Steve Blank

If you don’t know where you’re going, how will you know when you get there? I was having a second coffee with an ex student, now the head of a marketing inside a rapidly growing startup. His company had marched through customer discovery, learning about the customer problem, validated solutions and was now scaling sales and marketing. All good news. But he was getting uneasy that as his headcount was growing the productivity of his marketing department seemed to be rapidly declining.

Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

I’ve been working with large companies and the U.S. government to help them innovate faster– not just kind of fast, but 10x the number of initiatives in 1/5 the time. A 50x speedup kind of fast. Here’s how. —– Lean Innovation Management.

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Hacking for Diplomacy – The State Department Takes Notice

Steve Blank

We’ve just held our seventh and eighth weeks of Hacking for Diplomacy at Stanford, and the attention our course is getting from Washington – and around the world – has been interesting.

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Hacking for Diplomacy – The State Department Takes Notice

Steve Blank

We’ve just held our seventh and eighth weeks of Hacking for Diplomacy at Stanford, and the attention our course is getting from Washington – and around the world – has been interesting.

Syria 262

Organizational Debt is like Technical debt – but worse

Steve Blank

Startups focus on speed since they are burning cash every day as they search for product/market fit. But over time code/hardware written/built to validate hypotheses and find early customers can become unwieldy, difficult to maintain and incapable of scaling.

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Innovation – something both parties can agree on

Steve Blank

On the last day Congress was in session in 2016, Democrats and Republicans agreed on a bill that increased innovation and research for the country. For me, seeing Congress pass this bill, the American Innovation and Competitiveness Act , was personally satisfying.

Innovation – something both parties can agree on

Steve Blank

On the last day Congress was in session in 2016, Democrats and Republicans agreed on a bill that increased innovation and research for the country. For me, seeing Congress pass this bill, the American Innovation and Competitiveness Act , was personally satisfying.

Why Build, Measure, Learn – isn’t just throwing things against the wall to see if they work

Steve Blank

I am always surprised when critics complain that the Lean Startup’s Build, Measure, Learn approach is nothing more than “throwing incomplete products out of the building to see if they work.”. Unfortunately the Build, Measure, Learn diagram is the cause of that confusion.

Hacking for Defense at Columbia University

Steve Blank

Over the last year we’ve been rolling out the Hacking for X classes in universities across the U.S. – Hacking for Defense , Hacking for Diplomacy , Hacking for Energy , Hacking for Impact (non-profits), etc.