Steve Blank

MARCH 8, 2011

In January, we introduced a new graduate course at Stanford called the " target="_blank">Lean LaunchPad. 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. OK, somehow we got them interested.

Lean 300

Lean Business Model Customer Development Guinea 300

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

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.

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Lean San Francisco Wiki Startup 146

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 306

Oakland Asia Lean Video 306

Steve Blank

MAY 23, 2016

It said, “teach us to number our days that we gain a heart of wisdom “ Since then I’ve had a series of interesting careers: technician in the Air Force, tech writer, marketer, entrepreneur, CEO and now educator and mentor. Established businesses execute business models while startups search for them.

Lean 222

Lean Technical Review Vietnam Engineer 222

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

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. Here are the first five.

Lean 258

Lean Business Model Agile United States 258

Steve Blank

MAY 18, 2020

Or perhaps you would like to join a team creating a new business, or reinventing an existing business, and learn the lean startup techniques that will be critical to our recovery. Stanford’s Lean LaunchPad. This class is not about how to write a business plan.

Lean 436

Lean Business Model Affiliate Incubator 436

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. Given this certainty, it’s logical that a startup will hire a sales and marketing team to simply execute your business plan.

Customer Development 241

Customer Development Developer Customer Silicon Valley 241

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. I highly recommend this book for all entrepreneurs, in startups as well as in big companies. Heres the catch. Expo SF (May. .

Customer Development 168

Customer Development Developer San Francisco Customer 168

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. Ann and I recruited VC’s and entrepreneurs to be mentors for each team.

Business Model 230

Business Model Silicon Valley California Engineer 230

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

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. (And

Search 322

Search Business Model Customer Development Agile 322

Steve Blank

MAY 29, 2019

Lean LaunchPad class developed for Stanford. Innovators are not entrepreneurs. 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. Worth a read.

Incubator 331

Incubator Lean Programming Government 331

YoungUpstarts

MAY 3, 2013

If you were built to lead instead of follow, a career as an entrepreneur might be right for you. But before you can launch a high-growth company, you’ll need to find the right business plan and create a culture of success. Finding the right employees and creating an agile, focused team is essential to business success.

Cofounder 230

Cofounder Entrepreneur Ohio Aggregator 230

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 251

Agile Business Model Customer Development Lean 251

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.). (Or

Wiki 312

Wiki Lean Management Business Model 312

Startup Lessons Learned

JULY 6, 2011

The Lean Startup Book is done. If you've been waiting for a comprehensive account of the Lean Startup and how it can help you achieve dramatically better business results, this is it. And others are from unusual folks we don't normally think of as entrepreneurs, from corporate managers to government agencies.

Lean 167

Lean Startup Metrics Private Equity 167

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 271

Oakland Lean SBIR Afghanistan 271

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. VC’s worked with entrepreneurs to build profitable and scalable businesses, with increasing revenue and consistent profitability – quarter after quarter.

Internet 334

Internet IPO Silicon Valley Agile 334

Steve Blank

FEBRUARY 16, 2012

The idea of a Business Model competition first emerged when I realized that Business Plan writing ought to be taught in English Departments – as they’re the best example of creative writing entrepreneurs will ever do. The Business Plan ?- And your revenue plan is something more than a hallucination.

Business Model 264

Business Model Customer Development Utah Business Plan 264

Startup Lessons Learned

JANUARY 2, 2009

For the rest of us, there is an alternative: to create credibility by building a lean startup. That fostering and encourage entrepreneurs to bring companies and products to market is a great source of innovation, job creation, etc. The only folks who invested in me were the ones who barely understood the business plan.

San Francisco 60

San Francisco Tampa Continuous Deployment Lean 60

Startup Lessons Learned

JUNE 5, 2009

When the project winds up getting cancelled for failing to meet its ROI justification, it’s natural for the entrepreneur to feel like it was the CFO – and their innovation-sucking spreadsheet – that is the real cause. Just because entrepreneurs tend to forget about these models doesn’t mean their investors do.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

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

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 144

San Francisco Entrepreneur Lean Startup 144

Steve Blank

JULY 28, 2011

The combination of Venture Capital and technology entrepreneurship is one of the great business inventions of the last 50 years. It provides private funds for untested and unproven technology and entrepreneurs. And they’ll do this using the business model / customer development / agile development solution stack.

Engineer 280

Engineer Silicon Valley United States Intellectual Property 280

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 Entrepreneur’s Guide to Customer Development ► June (3) What is a startup? No departments The Five Whys for Startups (for Harvard Business R. Expo SF (May.

San Francisco 68

San Francisco Technology Continuous Deployment Lean 68

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 243

Silicon Valley Lean Customer Development Business Model 243

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

Up and Running

DECEMBER 6, 2012

Today, I want to introduce you to a new concept for starting and growing successful companies: Lean Planning™. Before I dive too deeply into the Lean Planning methodology, it makes sense to talk about its history and where it comes from. It starts with “Plan-As-You-Go” instead of detailed, formal business plans.

Lean 147

Lean Silicon Valley Forecast Technical Review 147

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. The Lean Startup by Erik Reis.

Cofounder 60

Cofounder Sweat Equity Social Media Business Model 60

Steve Blank

JULY 25, 2011

Yet when venture capital got involved they brought all the processes to administer existing companies they learned in business school – how to write a business plan, accounting, organizational behavior, managerial skills, marketing, operations, etc. Filed under: Lean LaunchPad , Venture Capital.

Engineer 307

Engineer Silicon Valley United States Venture Capital 307

YoungUpstarts

MAY 14, 2019

According to the Workplace 2025 study released in 2017 by Randstad US, by 2025 a majority of the workforce will be employed in an agile capacity, as a consultant, contractor, temporary, or freelance employee. In fact, the report predicted that as early as this year, as much as 50 percent of the workforce will be comprised of agile workers.

Agile 100

Agile Artificial Inteligence Salary Reputation 100

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. We Ran the Experiment.

Silicon Valley 284

Silicon Valley Business Model Early Stage Venture Capital 284

The Entrepreneurial Mind

JANUARY 2, 2012

One of the biggest mistakes I made during my days as an entrepreneur was raising too much money. Because our business was successful, we had investors eager to offer us money. When taking money from outside investors, you give up part of the control over your business. I expect us to take money eventually," Brody-Waite says.

Bootstrapping 76

Bootstrapping Agile LLC Cofounder 76

ReadWriteStart

AUGUST 1, 2011

It provides private funds for untested and unproven technology and entrepreneurs. 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. Until today.

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 plan calls for selling in volume the day Engineering is finished building the product. What plan says that?

Customer Development 220

Customer Development Developer Customer Silicon Valley 220