Steve Blank

JULY 13, 2021

By the end of the 20th century, case studies and business plans had reached an evolutionary dead-end for entrepreneurs. The Rise of Business Schools – Management as an Occupation. The business school was invented in the first decade of the 20th century in response to a massive economic transformation in the U.S.

Lean 433

Lean Agile Business Model Business Plan 433

Steve Blank

DECEMBER 20, 2011

I remember thinking, “Wow, whoever’s on the other end of phone sounds just like an entrepreneur, they were asking for the impossible.” We taught them the business model / customer development / agile development solution stack. The class textbooks were “ The Four Steps to the Epiphany and Business Model Generation.”).

Incubator 301

Incubator Government Silicon Valley Lean 301

Startup Professionals Musings

MARCH 7, 2016

Investors have also learned not to invest in ideas but only in entrepreneurs and teams who can deliver solutions. Success requires moving your passion quickly from the idea to the business implementation. Smart entrepreneurs architect a value chain that includes customers, partners and vendors, based on market dynamics.

Technical Review 120

Technical Review Architecture Agile Business Model 120

Startup Professionals Musings

NOVEMBER 27, 2015

Maximum agility for required pivots. It’s amazing to most entrepreneurs how fast their little startup can become a battleship, hard to turn in a storm. Startups need the agility to test various business models and positioning messages. Partners and distribution channels will take you seriously.

Hockey Stick 120

Hockey Stick Startup Stealth Agile 120

Startup Professionals Musings

OCTOBER 17, 2022

Many have disappeared, and others have forgotten how to be agile and innovative. They have too many highly paid partners, fat fees, an aging corporate infrastructure and difficulty raising money from institutions. VCs tend to carry their partners much longer, in hopes of a big public offering (IPO) that could produce a windfall.

Angel Investor 342

Angel Investor Venture Capital Silicon Valley Portfolio 342

Steve Blank

MARCH 8, 2011

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. Startups are in fact only temporary organizations, organized to search –not execute–for a scalable and repeatable business model.

Lean 298

Lean Business Model Customer Development Guinea 298

Steve Blank

FEBRUARY 16, 2012

Alexander Osterwalder and I spent last week in Salt Lake City, Utah as judges at the 2 nd Annual International Business Model Competition , hosted by Professor Nathan Furr , and his team at the BYU Center for Entrepreneurship. The Business Plan ? The Business Plan ?- a roadmap for execution.

Business Model 263

Business Model Customer Development Utah Business Plan 263

Startup Professionals Musings

MARCH 22, 2023

If you feel trapped in an unsatisfying and limiting role as a business professional, I urge you to assess your own interest and level of ownership thinking as a means of enhancing your career or growing your own business. Smart business owners realize that no returns occur without some investment and risk.

Metrics 279

Metrics Startup Agile Salary 279

Steve Blank

MARCH 29, 2010

The key things I want students to take from the class are: Understand that a startup is a temporary organization designed to search for a profitable business model. Learn how to put together a business model , not a business plan. Having a teaching partner makes life a lot easier and the class improves.

Business Model 226

Business Model Silicon Valley California Engineer 226

Steve Blank

JUNE 8, 2021

Although the class was run completely online, and even though they were suffering from Zoom fatigue, the 10 teams of 42 students collectively interviewed 1,142 beneficiaries, stakeholders, requirements writers, program managers, industry partners, etc. – while simultaneously building a series of minimal viable products.

Lean 385

Lean Security Asia SBIR 385

Steve Blank

MAY 18, 2020

We’re holding a series of 5-day online classes at Stanford where teams will learn how to develop new business models for an economy that’s getting back to work and on the road to recovery. The Covid-19 virus has upended traditional ways of doing business, travel, education, entertainment, healthcare, etc. Sign up at [link].

Lean 436

Lean Business Model Affiliate Incubator 436

Steve Blank

APRIL 10, 2009

That’s why startups are agile. Startups that are agile have mastered one other trick – and that’s Tempo – the ability to make quick decisions consistently over extended periods of time. in Entrepreneur, VC, decision making. to see if they need to make a Pivot to find a better model.

Silicon Valley 300

Silicon Valley RSS Startup Agile 300

Steve Blank

APRIL 21, 2011

All the teams were showing us what agile looked like, but this week several would remind us what focused and relentless really meant. Their week 6 business model now looked like this: . Yet like passionate entrepreneurs, the team ignored our advice and pressed on. (To Week 6 of the class. All that we expected.

Channel 215

Channel Artificial Inteligence San Francisco Business Model 215

Steve Blank

JUNE 26, 2015

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. Companies pursuing innovation can Buy, Build, Partner or use Open Innovation. Horizon 1 activities support existing business models.

Lean 120

Lean Management Business Model Incubator 120

Startup Professionals Musings

JANUARY 19, 2020

Many have disappeared, and others have forgotten how to be agile and innovative. They have too many highly paid partners, fat fees, an aging corporate infrastructure and difficulty raising money from institutions. VCs tend to carry their partners much longer, in hopes of a big public offering (IPO) that could produce a windfall.

Angel Investor 314

Angel Investor Venture Capital Silicon Valley Startup 314

Steve Blank

MARCH 31, 2014

I like the guy because he’s credited with coining the word entrepreneur. The first will be commodity businesses that are valued for their ability to execute their current business model. The second class will be firms with a demonstrated ability to continually innovate and reinvent their business models.

Private Equity 325

Private Equity Metrics China Intellectual Property 325

ReadWriteStart

JANUARY 13, 2024

Moreover, they must prioritize innovation and agility to differentiate themselves from many companies offering similar cybersecurity solutions. Equally important is establishing trust and credibility with customers, investors, and partners, as these relationships will be critical to their overall success and longevity in the industry.

Down Round 154

Down Round Marketing Artificial Inteligence Startup 154

Steve Blank

MARCH 5, 2012

One of the confusing things to entrepreneurs, investors and educators is the relationship between customer development and business model design and business planning and execution. When does a new venture focus on customer development and business models ? Here’s an attempt to put this all in context.

Search 320

Search Business Model Customer Development Agile 320

Hearpreneur

SEPTEMBER 14, 2015

Being in love with your business, when you’re an entrepreneur, is even better. Although there are days when tossing in your hat seems like a viable option, remembering how much you love your “job” can quickly snap an entrepreneur out of that mentality. The reasons are as varied as the businesses themselves.

Entrepreneur 48

Entrepreneur Fresno LLC Community 48

Duct Tape Marketing

OCTOBER 5, 2023

Operating across varied industries, Fractional CMOs offer a fresh, tailored approach, helping businesses to be more agile, adaptive, and strategic in their planning Questions I ask Nicole Bernard [00:46] What exactly is a fractional CMO? 05:20] Could you shed some light on your business model? How do you avoid this? [07:30]

Social Media 78

Social Media Software Review Hiring Framework 78

Steve Blank

NOVEMBER 11, 2010

A place to start would be by recognizing the fundamental difference between an existing company and a startup: existing companies execute business models, while startups search for a business model. (Or Therefore the very foundations of teaching entrepreneurship should start with how to search for a business model.

Agile 250

Agile Business Model Customer Development Lean 250

Steve Blank

AUGUST 31, 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. To begin with, the product development model completely ignores a fundamental truth about startups and new products.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

DECEMBER 7, 2010

We have two great teaching assistants , plus we’ve rounded up a team of 25 mentors (VC’s and entrepreneurs) to help coach the teams. Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.).

Wiki 311

Wiki Lean Management Business Model 311

Steve Blank

JULY 15, 2010

The Golden Age for Entrepreneurs and VC’s. The two decades from 1979 when pension funds fueled the expansion of venture capital to 2000 when the dot-com bubble burst were the Golden Age for entrepreneurs and venture capital firms. Here’s why. The system worked in predictable and profitable ways.

Venture Capital 297

Venture Capital IPO Liquidity Event Entrepreneur 297

Startup Professionals Musings

DECEMBER 27, 2014

Many have disappeared, and others have forgotten how to be agile and innovative. They have too many highly paid partners, fat fees, an aging corporate infrastructure and difficulty raising money from institutions. VCs tend to carry their partners much longer, in hopes of a big public offering (IPO) that could produce a windfall.

Angel Investor 260

Angel Investor Silicon Valley Startup Portfolio 260

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Jonathan Swift.

Silicon Valley 290

Silicon Valley Business Model Venture Capital Balance Sheet 290

Steve Blank

MARCH 7, 2012

The class is intensely and deliberately experiential to develop the mindset, reflexes, agility and resilience an entrepreneur needs to search for certainty in a chaotic world. Startups are in fact only temporary organizations, organized to search –not execute–for a scalable and repeatable business model.

Lean 256

Lean Business Model Agile United States 256

Up and Running

JUNE 23, 2015

The business model is innovative and unique, and the business itself serves as a fantastic “how to” example for entrepreneurs looking to start a social, mission-driven business. ” Maternova also reaches out directly to entrepreneurs who are developing these products. Always be learning.

Cofounder 60

Cofounder Sweat Equity Social Media Business Model 60

Steve Blank

MAY 29, 2019

Innovators are not entrepreneurs. My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.” Today the capstone class is most often experiential, team-based, hands on, focused around the search for a repeatable and scalable business model.

Incubator 331

Incubator Lean Programming Government 331

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. Jonathan Swift.

Silicon Valley 258

Silicon Valley Business Model Venture Capital Balance Sheet 258

Steve Blank

NOVEMBER 27, 2012

One of the great things about being a retired entrepreneur is that I get to give back to the community that helped me. I assembled this collection of free and almost free tools, class syllabi, presentations, books, lectures, videos in the hope that it can make your path as an entrepreneur or educator easier. agile engineering.

Open Source 335

Open Source Silicon Valley Lean Customer Development 335

ReadWriteStart

SEPTEMBER 8, 2020

And finally, running subsidiaries and offices in numerous countries push business owners into overcoming mental barriers to global expansion. A globally distributed business model allows you to hire the best talent wherever in the world it is. Support agile working practices.

Distribution 145

Distribution Global Agile Startup 145

Mike Michalowicz

NOVEMBER 19, 2018

Clients want to pay for no-nonsense service and by offering solutions that make a client most successful, a health care staffing firm will achieve the title of the most valued partner without feeling the pressure of lower margins. Linda Murphy encourages Healthcare Staffing Firms to maintain an agile mentality to maintain innovation.

CPA 76

CPA Ohio Omaha Reputation 76

YoungUpstarts

AUGUST 14, 2019

Even the World Economic Forum is now working with global partners for the development of construction. Yet, they felt their readiness with respect to creating an agile organization was not in line with the likely impact of these disruptions.

Global 189

Global Vertical Agile Engineer 189

Startup Professionals Musings

JANUARY 6, 2023

As an advisor to business professionals and entrepreneurs, I often hear about an innovative new solution that could lead to business growth or a new business. Unfortunately, in my experience, it takes much more than an innovative idea to launch a successful business today.

Technical Review 201

Technical Review Government Agile Differentiation 201

Steve Blank

APRIL 26, 2010

Entrepreneurs see things before others do. The best entrepreneurs pivot on each hallucination until they get it right – then we call them practitioners of the Lean Startup.). (The The best entrepreneurs pivot on each hallucination until they get it right – then we call them practitioners of the Lean Startup.).

San Francisco 142

San Francisco Entrepreneur Lean Startup 142

Steve Blank

FEBRUARY 28, 2017

The goal of the class is to expose students to the basics of the Lean Methodology – Business Model Design , Customer Development and Agile Engineering. All teams talk to at least 50 customers/ partners/ stakeholders , and some manage to reach more than 100. Repeat for 5 days. The lessons?

Lean 120

Lean Customer Development Business Model Agile 120