Steve Blank

JANUARY 30, 2013

Doing so meant they would have to take risks for IP acquisition and customer/market risks outside their experience or comfort zone. I earnestly believe that large corporations should emulate Lean Startups (Business model design, Customer Development and Agile Engineering.)

Programming 265

Programming Technical Review Incubator Intellectual Property 265

ReadWriteStart

JUNE 1, 2020

Bootstrapping is when you put your own money or borrow from friends and family to set up your business. Bootstrapping inculcates the entrepreneurial discipline and financial responsibility to run a lean business. ? You can get a personal loan without a business plan. Crowdfunding. Stages of Funding.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

YoungUpstarts

AUGUST 24, 2017

More importantly, a subscription business model enables you to manage the cash flow, upgrade your business planning and optimize metrics such as churn rates, the lifetime value of a customer, expansion, and more. Through customer acquisition, you’ll work to grow the revenue and then, use that revenue to cover operational costs.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

Up and Running

JANUARY 15, 2018

Once you’ve decided that you’re ready to start a small web design firm, you’ll need to develop a host of skills to help you run a successful business, including time management, sales and promotional strategies, and client acquisition. Create a Lean Business Plan.

Web 86

Web Design Software Review Elevator Pitch 86

Steve Blank

MARCH 18, 2014

Kauffman launched Founders School - a new education series to help entrepreneurs develop their businesses during the startup stage by highlighting how startups are different from big companies. These “ Startup and The Lean Approach ” videos are a great general purpose companion to my “ How to Build a Startup ” lectures on Udacity.

Intellectual Property 328

Intellectual Property Lean Customer Development Acquisition 328

Up and Running

JUNE 25, 2020

If your sales have recently hit a plateau, check out these 10 proven methods to continue growing your business. You went through the process of identifying a target market when developing your business plan. But now you have an active customer base that you need to engage with and in the process improve your business.

Small Business 180

Small Business Hosting Social Media Community 180

Up and Running

MARCH 14, 2017

In the Lean Startup methodology, one of the most important elements is getting out of the building. In this article, I’ll give a quick overview of the best practices for validating your business idea in use today. In this article, I’ll give a quick overview of the best practices for validating your business idea in use today.

Business Plan 94

Business Plan PPC Lean Campaign 94

Steve Blank

JANUARY 14, 2014

Since the Pivot is one of the core concepts of the Lean Startup I was puzzled. A pivot is a fundamental insight of the Lean Startup. A pivot can change any of nine different things in your business model. Definition: “A pivot is a substantive change to one or more of the 9 business model canvas components.”.

Business Model 330

Business Model Lean Customer Development Channel 330

Startup Lessons Learned

OCTOBER 23, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference. Analytics spark more questions and discussion than almost any other aspect of the Lean Startup method. Alistair and Ben, co-authors of the book Lean Analytics, will help you sort it out in our next webcast, Lean Analytics for Non-tech Companies.

Analytics 167

Analytics Lean Widget Metrics 167

Up and Running

MAY 3, 2012

Eric Ries , author of The Lean Start-up , puts it best: ‘ The grim reality is that most start-ups fail. Sean Seton-Rogers of PROfounders Capital recently claimed that of the more than 3,500 business plans they had received, his London, U.K. Most products are not successful. Most new ventures do not live up to their potential.

Entrepreneur 82

Entrepreneur Technical Review Silicon Valley Lean 82

Startup Lessons Learned

JANUARY 10, 2011

We still have some collective scar tissue: the idea conjures up the hordes of dot-com hopefuls that descended on VC’s and angel investors with little more than a business plan. But who do you think makes those acquisition decisions? Far too many of these acquisitions go nowhere. The class debuts in a few weeks.

Silicon Valley 167

Silicon Valley San Francisco Lean Investment Bankers 167

The Next Web

OCTOBER 10, 2013

He started his first business at age 15 and ran it until he went off to college at UC Berkeley. When Gleb was in business school at Berkeley he founded NetRelevance – his professors liked his business plan so much that they used it in the Haas School of Business as a teaching tool.

Cofounder 143

Cofounder Technical Cofounder Kenya Dilution 143

Steve Blank

AUGUST 31, 2009

The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.) So what’s wrong the product development model?

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

JUNE 7, 2019

And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a business model. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. Team: IntelliSense.

Oakland 266

Oakland Lean SBIR Afghanistan 266

OnlyOnce

JULY 9, 2013

The book has been described by a few CEOs who read it and commented early for me along the lines of “The Lean Startup movement is great, but this book starts where most of those books end and takes you through the ‘so you have a product that works in-market – now what?’ Chapter 3: Telling the Story to Your Investors…The Business Plan is Dead.

Startup 95

Startup Advisory Board Elevator Pitch Forecast 95

Steve Blank

DECEMBER 7, 2010

Many entrepreneurship courses focus on teaching students “how to write a business plan.” are what make it a business, 2) business plans are fine for large companies where there is an existing market, existing product and existing customers. . This class is not about how to write a business plan.

Wiki 311

Wiki Lean Management Business Model 311

Up and Running

APRIL 6, 2022

They don’t look forward to acquisitions, mergers, franchising, or licensing. Some do so intending to catch the eye of large companies who can buy or partner with their businesses. Entrepreneurs have to focus on customer acquisition. Customers are the life-giving force of any business.

Entrepreneur 155

Entrepreneur Acquisition Merger Partner 155

Up and Running

JUNE 16, 2014

If you have good experience then the VC will be leaning forward for the rest of the presentation.”. Make no mistake, you will need to have a business model or a business plan that shows just where you sit in relation to your competitors. If your business is without the potential to make money, it is not a business.

Exit Strategy 91

Exit Strategy Advisory Board Business Plan Portfolio 91

Steve Blank

MAY 29, 2019

Lean LaunchPad class developed for Stanford. Steve Blank: When I first starting teaching, the capstone entrepreneurship class was how to write a business plan. But years ago, we had no alternative – how to write a business plan was it. And the Lean LaunchPad class I developed at Stanford was the first such class.

Incubator 331

Incubator Lean Programming Government 331

Startup Lessons Learned

DECEMBER 14, 2009

If you haven’t figured out the ecosystem, growth is useless – whether it is a acquisition-only viral loop, like Tagged, or an advertising blitz like countless dot-bombs. Startup founders need to use their own judgment to ask: which is the riskiest assumption underlying my business plan?

Customer 156

Customer San Francisco Viral Lean 156

Steve Blank

MARCH 18, 2011

Lean Startups/Back to Basics (2000-2010): No IPO’s, limited VC cash, lack of confidence and funding fuels “lean startup” era with limited M&A and even less IPO activity. The Business Plan (Concept- Alpha-Beta - FCS ) became the playbook for startups. 2001 – 2010: Back to Basics: The Lean Startup. The New Exits.

Internet 334

Internet IPO Silicon Valley Agile 334

Reid Hoffman

MARCH 2, 2021

Khosrowshahi, who previously served as CEO of Expedia before taking the reins at Uber in 2017, sat down with Greylock general partner Reid Hoffman to discuss the past, present and future of the mobility and delivery business that now operates in 71 countries around the world and employs around 20,000 people globally. RH: The honor is ours.

Iran 39

Iran Technical Review Non-Compete Lean 39

Steve Blank

MARCH 11, 2015

And when we do make bets, they’re small bets on incremental products or acquisitions that simply add to the bottom line.”. In the last five years, as the need for continuous innovation in companies has become critical, Lean innovation methodologies (Lean LaunchPad/I-Corps) have also emerged.

Widget 120

Widget Lean Business Model Metrics 120

Steve Blank

FEBRUARY 12, 2015

Sales (and/or customer acquisition in a multi-sided market) becomes achievable by a sales force (or network effect or virality) without heroic efforts from the founders. Customer acquisition and activation are understood and Customer Acquisition Cost (CAC) and Life Time Value (LTV) can be estimated for the next 18 months.

Startup 120

Startup Lean Venture Capital Advisory Board 120

ConversionXL

AUGUST 11, 2021

Lean on your professional networks too. This is basically a business plan—and snapshot of the benefits of your property [assets]. It contains the story of your property, mission statement, sponsor benefits, demographics, marketing plan, goals, media opportunities, advisory board, and the sponsor fees.”.

Audience 139

Audience Social Media Email Ruby 139

steveblank.com

JULY 8, 2011

AgileZen – project management visually see and interact with your work Kanbanery – Simple online team or personal kanban board LeanKit Kanban – Great for visualizing work of product development Kanban Pad – “Nice and lean” and free online Kanban tool Banana Scrum – A tool simple as Scrum itself.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Hunter Walker

JANUARY 11, 2021

Traditional venture capital models lean into what’s called ‘power laws.’ But I will absolutely acknowledge that companies which take any outside capital implicitly and explicitly incorporate the needs and expectations of that capital into their business planning. Photo by Matthew Waring on Unsplash.

Startup 125

Startup Venture Capital Seed Capital Software 125

Up and Running

MARCH 11, 2015

She is regularly invited to participate as a judge for business plan competitions, as well as speak on topics including entrepreneurship, angel investing, social media, and authentic self promotion. Needless to say, the webinar was absolutely packed with great tips on what it takes to pitch your business so that investors take notice.

Technical Review 60

Technical Review Software Review Due Diligence Exit Strategy 60

Steve Blank

MARCH 4, 2014

It needs the tools and processes pioneered in Lean Startups. These tools and practices are coming… Filed under: Big Companies versus Startups: Durant versus Sloan , Business Model versus Business Plan. Big Companies versus Startups: Durant versus Sloan Business Model versus Business Plan'

IRR 335

IRR Startup Business Model Agile 335

Up and Running

JUNE 28, 2021

Working to increase the value of a small business is often an integral part of one’s business strategy. Whether we are working towards funding current growth, a future profitable sale, or company acquisition, value is key. How to increase the value of your business.

Small Business 84

Small Business Valuation Early Stage Security 84

Up and Running

APRIL 22, 2019

Pricing models and customer acquisition. When you build out your SaaS company’s business plan , spend some time modeling different subscription-based sales forecast scenarios so you can see how reducing churn (the number of canceled subscribers) and other variables can affect your path to profitability. Just start.

Software 94

Software Intellectual Property Cloud Seattle 94

Steve Blank

FEBRUARY 23, 2016

The Lean Startup is the way most innovators build startups and innovate inside of existing companies. Organizations without specific revenue goals can now use a version of the business model canvas. Filed under: Business Model versus Business Plan , Customer Development , Science and Industrial Policy , Teaching.

Business Model 120

Business Model Revenue Channel Community 120

www.inc.com

SEPTEMBER 24, 2011

Writing A Business Plan. Running A Home-Based Business. Naming a Business. Financing a Small Business. Buying a Small Business. RUNNING A BUSINESS. Like a venture capitalist reviewing business plans, he now weighs the potential of every company Arizona Bay works with. Tools & Research.

Arizona 40

Arizona Equity Iowa Venture Capital 40

Up and Running

JULY 1, 2019

This blog run by Lincoln Murphy focuses on the customer lifecycle and how to best optimize customer acquisition and retention. And of course, we have to mention the Bplans guide to starting a SaaS business. If you’re looking for a blog with a focus on acquiring and retaining customers, get familiar with Sixteen Ventures. Tomasz Tunguz.

Startup 109

Startup Cofounder Hosting Community 109

www.vccafe.com

MARCH 11, 2013

Lean Methodology Sources. Steve Blank on Lean Customer Development. Part 3- Lean Cust. Steve Blank’s Lean Startup Resources. Small Business tools list. Lean Startup Circle â?? great web customer acquisition tutorials. Lean project management. BPS : Business Plan Servicesâ??

Software Review 53

Software Review Technical Review Startup 53

SoCal CTO

DECEMBER 1, 2010

The 11 Harsh Realities Of Being An Entrepreneur - OnStartups , November 1, 2010 There's always talk about the end game in the form of an acquisition, funding announcement, or eventual flame out. No Business Plan Survives First Contact With A Customer – The 5.2 billion dollar mistake. Steve Blank , November 1, 2010 At $5.2-billion

Technical Review 175

Technical Review Technology Product CTO Hire 175

David Teten

DECEMBER 3, 2019

Technographics vendors such as Builtwith , Datanyze , HG Data , Stackshare, and Stacklist help CEOs identify the right tech platform on which to build their business; they’re also helpful for investors to due diligence a company’s tech stack choices. Similarly, Corsis uses benchmarking data to understand technology spend patterns.

Technical Review 78

Technical Review Software Review Analytics Private Equity 78