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. Eric’s insight was that traditional product management and Waterfall development should be replaced by Agile Development. It’s called the Lean Startup. Victor Hugo.

Lean 178

Lean Agile Customer Development Business Model 178

Startup Professionals Musings

MAY 27, 2022

Here you need not only project management resources, but also skills in forecasting, budgeting, and resource tracking. Of course, implementation also requires the resources to test, iterate, and prototype solutions, in a lean and agile fashion, dictated by the needs of the marketplace. Provide resources to implement initiatives.

Forecast 340

Forecast Agile Lean Distribution 340

Up and Running

AUGUST 8, 2018

It only takes an hour each month, keeps the management team up to speed on everything that’s going on in the company, and helps us plan and manage in a lean and effective way. How did we do last month compared to our forecast? What does our cash flow forecast look like for the next few months? Let’s do the numbers.

Software Review 65

Software Review Business Plan Product Forecast 65

Startup Lessons Learned

FEBRUARY 7, 2013

Last May, I shared the news that long-time Lean Startup advocates Brant Cooper and Patrick Vlaskovits were working on a new book called The Lean Entrepreneur featuring illustrations by FAKEGRIMLOCK. LitMotors approach to using Lean Startup to create a new vehicle category. That new book is about to hit bookstores everywhere.

Lean 167

Lean Entrepreneur Agile San Francisco 167

Up and Running

JANUARY 25, 2018

Digital businesses need to be agile and reactive too. In this one-hour version of your plan, you don’t need to do a full financial forecast , but keep in mind that anyone you ask for funding (such as banks or investors) will require you to create one.

eCommerce 96

eCommerce Business Plan Audience Lean 96

Up and Running

OCTOBER 4, 2017

That’s why it’s smarter to embrace the agile approach and constantly test your idea on the market to learn about the needs and desires of your target. Choose the right location. Starting your business with like-minded people turns out to be more important than many believe. How do you pick the right place for your startup?

Startup 115

Startup Estonia Poland Silicon Valley 115

Startup Lessons Learned

SEPTEMBER 30, 2008

If youre trying to design an architecture to maximize agility, how can that work if some people are working in TDD and others not? Platform selection and technical design - if your business strategy is to create a low-burn, highly iterative lean startup, youd better be using foundational tools that make that easy rather than hard.

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

The Startup Magazine

JULY 1, 2020

Optimizing inventory is one of the keys to making sure that a business is both agile and profitable. This “lean” inventory practice has worked for years, but in the current economic disruption, some companies have found that they have too much or too little inventory on hand.

Forecast 132

Forecast Database Stock Agile 132

Steve Blank

MARCH 5, 2012

One of the issues that came up is whether the new lexicon of entrepreneurial ideas – Customer Development, Business Model Design , Lean , Lean LaunchPad class, etc. It’s at this point the business needs an operating plan, financial forecasts and other well-understood management tools. Then it moves into execution mode.

Search 320

Search Business Model Customer Development Agile 320

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. Most of our management tools, like planning and forecasting, require a long and stable operating history. I am no longer writing a book.

Lean 167

Lean Startup Metrics Private Equity 167

Steve Blank

DECEMBER 7, 2010

There are few courses which teach aspiring entrepreneurs the skills (business models, customer and agile development, design thinking, etc.) We’ll build the class around the business model / customer development / agile development solution stack. If non-web, build demand creation budget and forecast. to optimize this search.

Wiki 311

Wiki Lean Management Business Model 311

Up and Running

JULY 2, 2020

Being ready, willing, and able to adapt and improvise is what’s going to keep your business healthy, lean, and agile. Actively managing your cash flow and forecasting what it and your sales may potentially look like in the coming months is key. At the same time, it’s important to be patient.

Startup 190

Startup Forecast Agile Demand 190

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. And they’ll do this using the business model / customer development / agile development solution stack.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Startup Lessons Learned

JUNE 5, 2009

Companies that reliably fail to make their forecasted numbers are exceptionally prone to “management retooling.&# This model of joint accountability is at the heart of the lean startup, and is just as applicable to venture-backed, bootstrapped, and enterprise startups. The Lean Startup Intensive is tomorrow at Web 2.0.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Startup Lessons Learned

OCTOBER 30, 2008

Lessons Learned by Eric Ries Thursday, October 30, 2008 John Doerrs 10 lean startup tips I just saw video of John Doerrs talk yesterday at VentureBeat’s “How to manage your start-up in the downturn&# roundtable event. Get 18 months or more of cash (runway) in the business against a conservative forecast. Use Google Apps.

Lean 121

Lean San Francisco Continuous Deployment DC 121

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. Develop a forecast: Basic forecasts and budgets are critical; And tracking them is even more so.

Lean 147

Lean Silicon Valley Forecast Technical Review 147

The Next Web

FEBRUARY 7, 2014

Far too many companies are failing for reasons I think are strictly preventable,” said Eric Ries in a recent interview, entrepreneur and author of The Lean Startup. The problem is that scientific management puts a heavy focus on forecasting, which is great as long as you have the stability to make accurate forecasts.

Forecast 136

Forecast Startup Metrics Agile 136

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods. Later you will want to come back and create a proper sales forecast, cash flow forecast, and expense budget.

Software Review 74

Software Review Software Delaware Forecast 74

Startup Lessons Learned

JULY 13, 2009

Lessons Learned by Eric Ries Monday, July 13, 2009 The Principles of Product Development Flow If youve ever wondered why agile or lean development techniques work, The Principles of Product Development Flow: Second Generation Lean Product Development by Donald G. For example, take the lean dictum of working in small batches.

Product Development 153

Product Development Developer San Francisco Product 153

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.

Customer Development 215

Customer Development Developer Customer Silicon Valley 215

Up and Running

OCTOBER 1, 2014

If not, be agile enough to change direction and re-focus,” Nelson advises. Nelson suggests creating a projected sales forecast and planning how you’ll achieve it, realizing of course that you’ll make adjustments to these numbers as you grow. Be hyper-focused. ” Diverse perspectives lead to innovation.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Startup Lessons Learned

MAY 25, 2020

We can't make a 5-year plan or a 10-year forecast right now, but we know there are investments we can make today that will set ourselves up for success in the future. And the truth is that's yesterday and you don't really have the ability to change what you did yesterday, but what you do have the ability today, is to lean into this.

Technical Review 148

Technical Review Balance Sheet Texas Austin 148

Startup Lessons Learned

JULY 9, 2009

Talking about trends is more about trying to forecast the future, like a guru, sometimes it works, sometimes not. The Lean Startup Intensive is tomorrow at Web 2.0. Amazing lean startup resources Is Entrepreneurship a Management Science? About spot trends. i dont believe we can do thinks like that. all about luck. Expo SF (May.

San Francisco 94

San Francisco Lean Continuous Deployment DC 94

Startup Lessons Learned

NOVEMBER 13, 2008

Because five whys kept turning up a few key metrics that were hard to set static thresholds for, we even had a dynamic prediction algorithm that would make forecasts based on past data, and fire alerts if the metric ever went out of its normal bounds. Wed never heard of five whys, and we had plenty of "agile skeptics" on the team.

Software Review 167

Software Review Technical Review San Francisco Continuous Deployment 167

Up and Running

DECEMBER 5, 2016

Lean Planning is a concept that we introduced back in 2012 as an evolution in business planning. We proposed Lean Planning as the next step in business planning. But, where did Lean Planning come from? Here’s a quick history of how we developed Lean Planning. See Also: Lean Planning: A Curated List of Our Best Content.

Lean 60

Lean Silicon Valley Business Model Forecast 60

YoungUpstarts

FEBRUARY 14, 2017

Managing your cash position when forecasted sales aren’t being achieved is tough, and if you are spending more than you are generating and cash piles are dwindling, now is the time to address your financial position. One of the great benefits of a startup is their ability to be agile and adapt quickly to a changing environment.

Technical Review 157

Technical Review Architecture Revenue Channel 157

Steve Blank

SEPTEMBER 6, 2012

You may have read my previous posts about the Lean LaunchPad class taught at Stanford , Berkeley, Columbia , Caltech and for the National Science Foundation. I wondered if business plans and 5-year forecasts were the right way to plan a startup. He called it the “Lean Startup.”. Now you too can take this course. Sign up here.

Lean 317

Lean Georgia Michigan Business Model 317