Steve Blank

JUNE 26, 2014

. — Over the last three years the Lean LaunchPad class has started to replace the last century’s “how to write a business plan” classes as the foundation for entrepreneurial education. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses.

Intellectual Property 281

Intellectual Property Lean IP Open Source 281

Steve Blank

MARCH 26, 2019

It’s hard to imagine, but only a decade ago, the capstone entrepreneurship class in most universities was how to write – or pitch- a business plan. In my experience, I saw that most business plans don’t survive first contact with customers. As a serial entrepreneur turned educator, this didn’t make sense to me.

Lean 248

Lean Business Model Balance Sheet Video 248

ReadWriteStart

JUNE 8, 2021

You may have a descriptive, thorough business plan to serve as the blueprint for the present and future of your organization – but there’s no guarantee it’s going to pan out the way you think. Uncertainty. There’s also a lot of uncertainty within a startup. Potential for change. Workflows and Processes. Limited redundancy.

Employee 127

Employee Product Startup Software Review 127

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. Teaching in Chile. Valaparaiso houses. Entrepreneurship and innovation in what I call “Chilecon Valley” is being talked about continually here.

Chile 235

Chile Silicon Valley Lean Agile 235

Steve Blank

SEPTEMBER 5, 2018

Their idea is that consumers will want a subscription service for short form entertainment (10-minute programs) for mobile rather than full length movies. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. He just hired Meg Whitman.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

JUNE 12, 2020

The eight teams spoke to over 945 beneficiaries, stakeholders, requirements writers, program managers, warfighters, legal, security, customers, etc. 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.

Oakland 301

Oakland Asia Lean Video 301

YoungUpstarts

MAY 9, 2017

Lean is a methodology that can be applied to all disciplines of knowledge work to increase business efficiency, agility, and visibility. Research shows that 95% of organizations do not start as Lean organizations – they implement Lean after identifying a need for better agility, visibility, and efficiency. 9 Reduced Costs.

Lean 109

Lean Agile Technical Review Dilution 109

The Startup Magazine

FEBRUARY 14, 2024

The Strategist In the startup world, a strategist is the master of maneuvering through the complexities of business planning and market analysis. Stay Flexible While Maintaining Order Startup culture values agility and adaptability. Therefore, maintaining order and consistency during the hiring process is crucial.

Startup 113

Startup Retention Agile Hiring 113

OnlyOnce

MARCH 2, 2016

I’ve written a bunch on this blog and in Startup CEO , about Agile Development and the Lean Canvas and Lean Startups in general (see a really old post on Agile Development from 10 years ago when we first adopted it here , and one on Agile Marketing here ). And that brings us to the subject of this post.

Agile 48

Agile Lean Software Operations 48

YoungUpstarts

DECEMBER 14, 2017

by Amanda Setili, author of “ Fearless Growth: The New Rules to Stay Competitive, Foster Innovation, and Dominate Your Markets “ Polarization is a common problem for companies trying to make smart and agile strategic decisions. In our age of disruption, you must be agile and courageous. Hint: That should be all companies.)

Agile 104

Agile Malaysia Technical Review Metrics 104

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. Class Logistics. As described in the previous post , this is a hands-on class.

Business Model 226

Business Model Silicon Valley California Engineer 226

Steve Blank

JUNE 18, 2013

I wondered if business plans and 5-year forecasts were the right way to plan a startup. It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models. We were putting the plan before the planning.

Lean 286

Lean Agile Customer Development Business Model 286

Steve Blank

OCTOBER 13, 2016

The latter requires speed and agility. Bad Habit #3: Insisting on untested and detailed business plans. Most established companies require detailed business plans for new ideas. Business plans actually maximize the risk of failure because of the focus on executing an unproven idea rather than testing it.

Non-Compete 329

Non-Compete Agile Business Model San Francisco 329

SVPG

DECEMBER 15, 2012

The past several articles have discussed the nature of Continuous Discovery and Dual-Track Agile. In this article I'd like to discuss another dimension of working effectively in an Agile environment, which is how we manage commitments. I've written earlier about this situation (see www.svpg.com/your-business-plan-is-wrong ).

Agile 63

Agile Management Engineer Software 63

Hearpreneur

JANUARY 5, 2022

2- Create a referral program. We will make sure the referral program is well-structured. It's important to keep business agile. My business plans for 2022 is to go for growth. To achieve this, I plan to outsource most of the tasks associated with my business. Photo Credit: Adam Wood.

Entrepreneur 107

Entrepreneur Affiliate Green Cloud 107

Steve Blank

SEPTEMBER 6, 2012

I wondered if business plans and 5-year forecasts were the right way to plan a startup. Experienced entrepreneurs kept finding that no business plan survived first contact with customers. Eric’s insight was that traditional product management and Waterfall development should be replaced by Agile Development.

Lean 317

Lean Georgia Michigan Business Model 317

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

Women Entrepreneurs Can

FEBRUARY 17, 2024

This means investing in the right tools and training programs that empower employees to use data. Agile and Resilient Supply Chains In today’s fast-paced market, having an agile and resilient supply chain is more crucial than ever. This is where real-time data analytics comes into play. The result?

Agile 52

Agile Analytics Artificial Inteligence Demand 52

Steve Blank

MAY 29, 2019

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. SB: I think ethics are a critical missing component of most business curriculums.

Incubator 331

Incubator Lean Programming Government 331

Up and Running

JANUARY 9, 2017

Formulating a development plan. Outlining a marketing and sales plan for the new offering. Create an action plan. An action plan is an essential part of the business planning and strategy development process. An action plan needs to be a working document; it must be easy to change and update.

Tennessee 60

Tennessee Forecast Agile Programming 60

Steve Blank

JUNE 18, 2013

I wondered if business plans and 5-year forecasts were the right way to plan a startup. It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models. We were putting the plan before the planning.

Lean 178

Lean Agile Customer Development Business Model 178

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 238

Customer Development Developer Customer Silicon Valley 238

Steve Blank

MAY 10, 2011

Many entrepreneurship courses focus on teaching students “how to write a business plan.” Experienced entrepreneurs realize that no business plan survives first contact with customers. is just another engineering process, not building a business. ———. Why Did We Teach This Class? in one quarter. See you there!

Lean 279

Lean Business Model Agile Customer Development 279

Steve Blank

JUNE 7, 2019

The eight teams spoke to over 820 beneficiaries, stakeholders, requirements writers, program managers, warfighters, legal, security, customers, etc. 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. Team: Panacea.

Oakland 266

Oakland Lean SBIR Afghanistan 266

Steve Blank

FEBRUARY 7, 2013

The class was designed to teach educators (and the adjunct entrepreneurs that support them) the Lean LaunchPad approach (Business Model Design, Customer Development and Agile Engineering) for teaching entrepreneurship. Starting a business is a hands-on endeavor, and I am thrilled when my students take action and execute.

Delaware 297

Delaware Lean Entrepreneur Advisory Board 297

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. Marketing demand creation programs (Search Engine Marketing, Public Relations, Advertising, Lead Generation, Trade Shows, etc.)

Lean 244

Lean Silicon Valley Startup RSS 244

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. Amazon PostRank

Customer Development 168

Customer Development Developer San Francisco Customer 168

Startup Lessons Learned

JANUARY 12, 2010

For the many entrepreneurs that send me cold emails asking for me to review a business plan or answer a strategic dilemma: Im much more likely to answer if youve already tried getting an answer on the mailing list. for Harvard Business Revie. Youll probably get a better result, anyway. Youll probably get a better result, anyway.

Lean 146

Lean San Francisco Wiki Startup 146

Steve Blank

JULY 28, 2011

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. Each team accepted into the program will receive $50,000. Yet this system isn’t perfect. What Took You So Long.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Steve Blank

OCTOBER 13, 2016

The latter requires speed and agility. Bad Habit #3: Insisting on untested and detailed business plans. Most established companies require detailed business plans for new ideas. Business plans actually maximize the risk of failure because of the focus on executing an unproven idea rather than testing it.

Non-Compete 120

Non-Compete Agile Business Model San Francisco 120

steveblank.com

JULY 8, 2011

automatic links to generated images Rietveld - asynchronous code reviews on changesets Tech*if*er0*urs – blog on roadmap for learning rails Best free programming books Project Management Basecamp - web-based project management and collaboration tool. Let’s plan to connect at Berkeley sometime soon.

Software Review 110

Software Review Startup Silicon Valley Analytics 110

Women Entrepreneurs Can

APRIL 3, 2024

Providing comprehensive training programs, cross-functional learning opportunities, and continuous skill enhancement initiatives is essential and will enable you to empower your employees to perform at their best and adapt to evolving production requirements.

Product 40

Product Artificial Inteligence Lean Reputation 40

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. The premise of the class is that startups, are not about executing a plan where the product, customers, channel are known. Yet this isn’t an incubator.

Lean 256

Lean Business Model Agile United States 256

Startup Lessons Learned

SEPTEMBER 27, 2010

Lean manufacturing , agile software development , and Theory of Constraints are all examples of this idea in action. But when it comes to the specific of a product release, business plan, or marketing launch, all that matters is: do we have a strong hypothesis that will enable us to learn? for Harvard Business Revie.

San Francisco 167

San Francisco Lean Continuous Deployment Software Review 167

Steve Blank

FEBRUARY 7, 2013

The class was designed to teach educators (and the adjunct entrepreneurs that support them) the Lean LaunchPad approach (Business Model Design, Customer Development and Agile Engineering) for teaching entrepreneurship. Starting a business is a hands-on endeavor, and I am thrilled when my students take action and execute.

Delaware 189

Delaware Lean Entrepreneur Advisory Board 189

Steve Blank

DECEMBER 14, 2012

The class was designed to teach educators (and the entrepreneurs that support them) the Lean LaunchPad approach (Business Model Design, Customer Development and Agile Engineering) for teaching entrepreneurship. But on the first day, Steve framed it in a different way: execution of a business plan doesn’t matter.

Developer 300

Developer Arizona Lean Business Model 300

wordsting.com

APRIL 4, 2013

Our chosen problem was logic models , which are the non-profit equivalent of business plans. We first saw the problem when working with a consulting firm that was helping a client with two of their programs. It helps customers create program strategies, plan change, monitor outcomes, and visualize impact.”

Lean 61

Lean Startup Software Review San Francisco 61