Steve Blank

SEPTEMBER 5, 2018

He just hired Meg Whitman. It’s the antithesis of the Lean Startup. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. Startups with huge burn rates – building leases, staff, PR and advertising – ran out of money. And it may work.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

SEPTEMBER 3, 2014

As the miles sped by I explained to Dave that he had understood only two of the three parts of what makes a Lean Startup successful. Speed keeps cash burn rate down while allowing you to converge on a repeatable and scalable business model. In a startup building MVP’s is what turns theory into practice.

Cofounder 336

Cofounder Founder Technical Cofounder Coder 336

VC Cafe

JULY 26, 2020

In fact, they were screaming at them to dramatically reduce their burn rates. ” Steve Blank, “Is the lean startup dead?” ” The Lean Startup movement started out of necessity. Agile Development: launch an MVP early and iterate quickly. It was a nuclear winter for startup capital.”

Lean 214

Lean Seed Capital Startup Burn Rate 214

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. Blame it On Marketing In the next 3-6 months, a new VP of Sales is hired. innovation.

Customer Development 228

Customer Development Developer Customer Silicon Valley 228

Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Over its lifetime a Lean Startup may spend less money than a traditional startup.

Lean 250

Lean Silicon Valley Startup RSS 250

Up and Running

OCTOBER 1, 2014

Nelson has some tips: Know your burn rate. If not, be agile enough to change direction and re-focus,” Nelson advises. Hire and surround yourself with people who are hungry for the opportunity and super driven,” she advises. How do you balance it all? Five useful tools and an entrepreneur’s workspace.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Steve Blank

MAY 15, 2009

We hired an interior designer and a great facilities person to manage the process. Stay hungry, stay lean. I don’t want to be hungry and lean (nor do I want to be full and fat). It was an odd feeling at that time, we thought we have made it and fail to stay lean and hungry. Don’t let it happen to you.

Silicon Valley 212

Silicon Valley RSS Lean Agile 212