Steve Blank

MAY 6, 2015

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.”. It’s time to update Build, Measure, Learn to what we now know is the best way to build Lean startups. Here’s how. Build-Measure-Learn.

Lean 120

Lean Agile Business Model Customer Development 120

Up and Running

MAY 3, 2021

In this piece, we look at how you can start growing your SEO business, from business plans to lead generation. What is an SEO business? As the name suggests, an SEO business is a company or agency that performs SEO services for and on behalf of a brand. How to write an SEO business plan that outlines your goals.

SEO 147

SEO Vertical Metadata Forecast 147

Steve Blank

JUNE 12, 2020

All the teams used the Mission Model Canvas , (videos here ) Customer Development and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. Our goal was to teach both theory and practice.

Oakland 301

Oakland Asia Lean Video 301

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

Startup Lessons Learned

JANUARY 12, 2010

Lessons Learned by Eric Ries Tuesday, January 12, 2010 Amazing lean startup resources A year ago, there was no lean startup movement. I continue to believe that the explosion of interest in the lean startup has very little to do with me. If you are attempting to apply lean startup ideas in your own business - you are not alone.

Lean 146

Lean San Francisco Wiki Startup 146

Steve Blank

MAY 23, 2016

NYU Engineering Commencement Speech. Thank you for the opportunity to address you on your graduation from this esteemed engineering school. Established businesses execute business models while startups search for them. By the way, the engineering definition of serendipity is, that life is too unpredictable to pre-compute.

Lean 221

Lean Technical Review Vietnam Engineer 221

Steve Blank

JUNE 18, 2013

The Lean LaunchPad entrepreneurship curriculum has caught fire. I wondered if business plans and 5-year forecasts were the right way to plan a startup. I wondered if business plans and 5-year forecasts were the right way to plan a startup. We were putting the plan before the planning.

Lean 286

Lean Agile Customer Development Business Model 286

Steve Blank

DECEMBER 13, 2010

I’ve spent the last week in Santiago, a guest of Professor Cristóbal García at the Catholic University of Chile as part of Stanford’s Engineering Technology Venture Program. Here’s the course announcement from Professor Vergara (in English): Customer Development Course in Chile – Lean Launchpad. Teaching in Chile. Valaparaiso houses.

Chile 235

Chile Silicon Valley Lean Agile 235

Steve Blank

JANUARY 30, 2013

I earnestly believe that large corporations should emulate Lean Startups (Business model design, Customer Development and Agile Engineering.) If I were starting a corporate innovation program today, I’d use the Lean LaunchPad classes as the starting framework.

Programming 265

Programming Technical Review Incubator Intellectual Property 265

Steve Blank

MARCH 11, 2016

We just finished the 6 th annual Lean LaunchPad class. For the last 6 years I’ve taught the Lean LaunchPad class at Stanford and Berkeley. business plans are fine for large companies where there is an existing market, existing product and existing customers, but they are useless in a startup where most often none of these are known.

Lean 120

Lean Incubator Business Model Channel 120

Steve Blank

JUNE 18, 2013

The Lean LaunchPad entrepreneurship curriculum has caught fire. I wondered if business plans and 5-year forecasts were the right way to plan a startup. I wondered if business plans and 5-year forecasts were the right way to plan a startup. We were putting the plan before the planning.

Lean 178

Lean Agile Customer Development Business Model 178

Steve Blank

MARCH 7, 2012

Today, the first half of the Stanford Engineering Lean LaunchPad Class gave their final presentations. It’s hard to believe it’s only been a year since we taught the first 10 teams in the Stanford Lean LaunchPad class. We’ll teach over 175 NSF Innovation Corps teams in the Lean LaunchPad course in 2012. Team ColorWheels.

Lean 256

Lean Business Model Agile United States 256

Steve Blank

JULY 28, 2011

Silicon Valley was born in an era of applied experimentation driven by scientists and engineers. From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory – income statements, balance sheets, business plans, revenue models, 5-year forecasts, etc.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Steve Blank

AUGUST 31, 2009

Yet startup companies have traditionally used this model to manage and pace not only engineering but also non-engineering activities. In the next few posts that follow, I’ll describe more specifically how this model distorts startup sales, marketing and business development. Product Development Diagram 1. release of the product.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

JULY 25, 2011

Scientists and engineers as founders and startup CEOs is one of the least celebrated contributions of Silicon Valley. ESL, the first company I worked for in Silicon Valley , was founded by a PhD in Math and six other scientists and engineers. It might be its most important. ———-. Cold War Spin Outs.

Engineer 305

Engineer Silicon Valley United States Venture Capital 305

Steve Blank

MARCH 29, 2010

In my last post I described my approach to one of the three classes I teach at Stanford in the engineering school: Fundamentals of Technology Entrepreneurship. 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.

Business Model 226

Business Model Silicon Valley California Engineer 226

Steve Blank

OCTOBER 13, 2016

Companies are great at improving their existing business model and value propositions, but fall short when it comes to inventing entirely new business models, value propositions, and growth engines. The latter requires speed and agility. Bad Habit #3: Insisting on untested and detailed business plans.

Non-Compete 329

Non-Compete Agile Business Model San Francisco 329

Steve Blank

OCTOBER 24, 2014

—— The Lean Startup process builds new ventures more efficiently. It has three parts: a business model canvas to frame hypotheses, customer development to get out of the building to test those hypotheses and agile engineering to build minimum viable products. Product/Market fit now has its own book.

Business Model 335

Business Model Design Customer Development Lean 335

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 ? And when do business planning and execution come into play?

Search 320

Search Business Model Customer Development Agile 320

Startup Lessons Learned

NOVEMBER 8, 2008

This theory has become so influential that I have called it one of the three pillars of the lean startup - every bit as important as the changes in technology or the advent of agile development. Most likely, your business plan is loaded with opinions and guesses, sprinkled with a dash of vision and hope. Expo SF (May.

Customer Development 168

Customer Development Developer San Francisco Customer 168

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

Steve Blank

JUNE 7, 2019

All the teams used the Mission Model Canvas , Customer Development and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. All the presentations are worth a watch. Team: Panacea.

Oakland 266

Oakland Lean SBIR Afghanistan 266

Steve Blank

DECEMBER 7, 2010

I’ve introduced a new class at Stanford to teach engineers, scientists and other professionals how startups really get built. There are few courses which teach aspiring entrepreneurs the skills (business models, customer and agile development, design thinking, etc.) This class is not about how to write a business plan.

Wiki 311

Wiki Lean Management Business Model 311

Steve Blank

NOVEMBER 11, 2010

This startup search process is the business model / customer development / agile development solution stack. Business Model Design meets Customer Development. Lean Launchpad. Both Stanford and Berkeley have been extremely generous in letting me test these ideas in their engineering and business schools.

Agile 250

Agile Business Model Customer Development Lean 250

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.

Internet 334

Internet IPO Silicon Valley Agile 334

Startup Lessons Learned

JUNE 5, 2009

I think this idea is particularly appealing to those of us from an engineering background. Certainly venture-backed startups don’t have this luxury – every business plan has a model in it. The Lean Startup Intensive is tomorrow at Web 2.0. for Harvard Business Revie. Expo SF (May.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Steve Blank

NOVEMBER 15, 2011

Our Lean LaunchPad class teaches scientists and engineers that starting a company is another research project that can be solved by an iterative process of hypotheses testing and experimentation built around the business model / customer development / agile development solution stack. And I am definitely enjoying it.”.

Silicon Valley 242

Silicon Valley Lean Customer Development Business Model 242

Steve Blank

OCTOBER 13, 2016

Companies are great at improving their existing business model and value propositions, but fall short when it comes to inventing entirely new business models, value propositions, and growth engines. The latter requires speed and agility. Bad Habit #3: Insisting on untested and detailed business plans.

Non-Compete 120

Non-Compete Agile Business Model San Francisco 120

Startup Lessons Learned

JANUARY 2, 2009

For the rest of us, there is an alternative: to create credibility by building a lean startup. My startup business (web development) is being shunned by virtually every other potential investor I approached thus far. The only folks who invested in me were the ones who barely understood the business plan. Expo SF (May.

San Francisco 60

San Francisco Tampa Continuous Deployment Lean 60

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 244

Lean Silicon Valley Startup RSS 244

Startup Lessons Learned

SEPTEMBER 8, 2008

Some combination of the dot-com crash and a just terrible business plan prevented us from having to take our scalability problems to the next level. The Lean Startup Intensive is tomorrow at Web 2.0. for Harvard Business Revie. Amazing lean startup resources Is Entrepreneurship a Management Science? Expo SF (May.

San Francisco 68

San Francisco Technology Continuous Deployment Lean 68

ReadWriteStart

AUGUST 9, 2021

Lean In To What Makes You, You. Throughout the COVID-19 crisis, you’ve been working hard on business plans, raising funds, building the perfect team , and doing everything else you needed to do to hit the ground running once you were ready and the world was “back to normal.” Grab a piece of it for yourself.

eCommerce 176

eCommerce B2C Naming Agile 176

Steve Blank

APRIL 26, 2010

(The best entrepreneurs pivot on each hallucination until they get it right – then we call them practitioners of the Lean Startup.). It was an all day event devoted to the theory and practice of Lean Startups and Customer Development. This conference and the Lean Startup was the work of one amazing individual – Eric Ries.

San Francisco 142

San Francisco Entrepreneur Lean Startup 142

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

Steve Blank

JUNE 2, 2011

A revolution has taken hold as customer development and agile engineering reinvent the Startup process. At Stanford our Lean Launchpad class ran an experiment that showed when “the boardroom is bits” can make a radical difference in the outcome of an early stage startup. Victor Hugo. When The Boardroom is Bits.

Silicon Valley 281

Silicon Valley Business Model Early Stage Venture Capital 281

ReadWriteStart

AUGUST 1, 2011

Silicon Valley was born in an era of applied experimentation driven by scientists and engineers. From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory - income statements, balance sheets, business plans, revenue models - seems like another planet.

Silicon Valley 118

Silicon Valley Intellectual Property Balance Sheet Lean 118

Steve Blank

SEPTEMBER 3, 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. The meaning of alpha test , beta test, and first customer ship are pretty obvious to most engineers. What plan says that?

Customer Development 215

Customer Development Developer Customer Silicon Valley 215