Steve Blank

SEPTEMBER 1, 2021

You think startups are hard? The idea of exploitation versus exploration was central in my own work in building the lean methodology for start-ups. Today, lean is the de facto method for building new start-ups. In the 20th century, finding the successful formula for repeatable start-up success remained a black art.

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ReadWriteStart

APRIL 8, 2023

In my experience, I follow different resources, for instance, the Andreessen Horowitz blog , one of the top venture capital funds reporting trends in their newsletters, and INC.5000 Aside from venture capitalists, following Twitter personas or subscribing to newsletters is another way to utilize industry information. . #3

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Steve Blank

APRIL 10, 2009

And he recognized it was making his startup feel and act like a big ponderous company. Most decisions in a startup must be made in the face of uncertainty. One of the things he mentioned was that when it came to decision-making he still tended to think and act like an engineer. The same is true in your company.

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VC Cafe

JULY 26, 2020

“After the crash, venture capital was scarce to non-existent. VC’s were no longer insisting that startups spend faster, and “swing for the fences”. It was a nuclear winter for startup capital.” ” Steve Blank, “Is the lean startup dead?” Maximum Viable Product.

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Startup Lessons Learned

DECEMBER 14, 2017

Guest Post by Misti Yang, Writer for Lean Startup Co. Editor’s Note: We wrapped up the 2017 Lean Startup Week in San Francisco just a few weeks ago, and we’re excited to share with you some of the best lessons learned in entrepreneurship and corporate innovation. Remember your customers, culture, and connections.

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Steve Blank

SEPTEMBER 7, 2009

This post describes how following the traditional product development can lead to a “startup death spiral.&# In the next posts that follow, I’ll describe how this model’s failures led to the Customer Development Model – offering a new way to approach startup sales and marketing activities.

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Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. I think you can blame Customer and Agile Development for a small part of it. Electron-based Venture Capital. Here’s why.

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Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development.

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Startup Lessons Learned

OCTOBER 4, 2008

(Maybe youd like to start with The lean startup , How to listen to customers , or What does a startup CTO actually do? ) He serves on the advisory board of a number of technology startups, and has worked as a consultant to a number of startups, companies, and venture capital firms.

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Startup Lessons Learned

APRIL 18, 2010

Lessons Learned by Eric Ries Sunday, April 18, 2010 Four myths about the Lean Startup Myth: Lean means cheap. Lean startups try to spend as little money as possible. Truth: The Lean Startup method is not about cost, it is about speed. Myth: The Lean Startup methodology is only for Web 2.0/internet/consumer

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crowdSPRING Blog

MAY 11, 2012

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Lean Marketing: Delivering Customer Service via Social Media – [link]. Better Agile Than Smart – [link]. What I learned from raising venture capital – [link].

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Social Media Small Business Design Media 92

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. Some are from obscure startups who you haven't heard of -- yet. I am no longer writing a book. Finally, really, truly, done.

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Steve Blank

JUNE 11, 2009

Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.

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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. Lets see why.

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Steve Blank

MARCH 18, 2011

What are they, how do they differ and what can startup do to take advantage of them? Paths to Liquidity: a quick history of the four waves of startup investing. 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.

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Steve Blank

MAY 29, 2019

Lean LaunchPad class developed for Stanford. And the Lean LaunchPad class I developed at Stanford was the first such class. And the odds of learning from faculty who actually had experienced the chaos and uncertainty of building a startup was low. Worth a read. Teaching basic entrepreneurial appreciation. It’s a big idea.

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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. After Stanford, Ann joined Mike Maples’ Venture Capital firm Floodgate as a partner. Tags: Durant versus Sloan: Startups Verus Companies.

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Startup Lessons Learned

AUGUST 24, 2009

In other words, they are facing conditions of extreme uncertainty, just like startups. But, as any startup can tell you, this opens up a tremendous set of opportunities for the rest of us. We faced this same problem in entrepreneurship and venture capital, but we are getting past it. What is the right revenue model?

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Steve Blank

JULY 28, 2011

This approach would shape Silicon Valley’s entrepreneurial ethos: In startups, failure was treated as experience (until you ran out of money). The combination of Venture Capital and technology entrepreneurship is one of the great business inventions of the last 50 years. And it will lead to more startups and job creation.

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Steve Blank

APRIL 7, 2011

I gave a keynote on entrepreneurship to MPowered , the student Entrepreneurship Organization, spoke on a panel on Entrepreneurship and the Aerospace Industry, and gave another keynote at the Ann Arbor New Tech Meetup and A2Geeks , the regional startup network. Venture Capital ; met with the local hardware/software venture capital firm.

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Steve Blank

JULY 25, 2011

Scientists and engineers as founders and startup CEOs is one of the least celebrated contributions of Silicon Valley. The motivation in the mid 1950’s for these new startups was a crisis – we were in the midst of the cold war , and the United States military and intelligence agencies were rearming as fast as they could.

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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. Jon Feiber of Mohr Davidow Ventures and Ann Miura-Ko of Floodgate are co-teaching the class with me (and Alexander Osterwalder is a guest lecturer.) In contrast, startups search for a business model. (Or

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Steve Blank

MAY 12, 2015

After seeing the results of 500+ teams through the I-Corps, the NSF now offers all teams who’ve received government funding to start a company an introduction to building a Lean Startup. SBIR/STTR Program and Startup Seed Funding. startups that don’t fit whatever’s hot in venture capital.

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Altgate

SEPTEMBER 16, 2010

We tried to provide a framework for startups to think about what activities should be outsourced and why. What kind of startup outsources everything? Well, you’re right, most don’t, but one example of a startup that does is PlentyOfFish. Also, most startup attorneys will do deferred payment plans.

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ReadWriteStart

JUNE 29, 2020

In other words, you must start bootstrapping an online startup , because the future of the global business world is online. What is a startup? Before we look at ways to bootstrap a startup, let’s consider a comprehensive definition of what a startup is. Ways to bootstrap a startup.

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Steve Blank

NOVEMBER 12, 2009

After these slides, these VC’s recognized that this company had dramatically reduced risk and built a startup that was agile, resilient and customer-centric. The presentation didn’t have a single word about Lean Startups or Customer Development.

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Steve Blank

JUNE 23, 2016

Disruptive innovations are coming from startups – Telsa for automobiles, Uber for taxis, Airbnb for hotel rentals, Netflix for video rentals and Facebook for media. Which brings us to the fourth reason it’s harder for large corporations to offer disruptive breakthroughs: startups. Startups are unencumbered by the status quo.

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Steve Blank

JUNE 25, 2009

Startups and Sales If you read this post you can come away with the impression that every startup with a direct salesforce needs a consultative sales team. what Market Type is your startup? Hiring a VP of Sales in customer discovery typically sets a startup back.

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Steve Blank

APRIL 27, 2009

And in hindsight, we seemed a bit more agile and innovative in WWII.) Yet decades later the military lacked the agility to write a spec in two years, let alone get 10′s of thousands of new systems deployed on aircraft as Terman had done. How was this possible?

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Steve Blank

FEBRUARY 16, 2012

When venture capital teamed up with technology entrepreneurs in the 1960’s they brought with them the canonical MBA planning tool – the business plan. But for startups, business plans fail to match the chaotic reality they encounter in the real world. So what did the venture industry do? The Business Plan ?-

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Up and Running

FEBRUARY 8, 2016

So it is no wonder that when an entrepreneur starts their second or third business, they incorporate the lessons they learned from their first startup. While there are dozens of lessons I could take away from these entrepreneurs’ experiences, I want to highlight three common mistakes founders make in the early stages of a startup.

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Steve Blank

JUNE 2, 2011

A revolution has taken hold as customer development and agile engineering reinvent the Startup process. It’s time to ask why startup board governance has failed to keep pace with innovation. Board meetings that guide startups haven’t changed since the early 1900’s. It’s time for a change. Silicon Valley, New York).

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Steve Blank

APRIL 9, 2009

If these sound like reasonable answers to you, and you are in a startup/small company, update your resume. No one had sat the marketing department down and defined what our department Mission (with a capital “M”) was. What I was actually hearing was a failure of management.

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Up and Running

JUNE 23, 2015

However, these can be difficult to obtain and ship, and this is exactly where social enterprise startup Maternova has made—and continues to make—inspirational strides. While Meg was deeply involved in the nuance of the maternal health crisis worldwide, Allyson had in-depth experience building successful startup companies.

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Steve Blank

APRIL 30, 2009

Many thanks, you’ve changed my startup a hundred times already. Maybe the core of what you talk about in getting companies to success lies in the answer to these 2 questions. Oh, I absolutely love your “I was having coffee with person the other day&# stories. Keep ‘em coming.

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Steve Blank

JUNE 29, 2009

Agile Opportunism – Entrepreneurial DNA « Steve Blank (tags: startup) [.] Agile Opportunism – Entrepreneurial DNA. Reply SVJ , on June 30, 2009 at 3:21 am Said: Hi Steve: I have become a recent regular reader of your blog. Thoroughly enjoy each one of your posts. Reply What did I learn today? Reply Create.

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Steve Blank

APRIL 6, 2009

And in the tradition of great startups, on the way out Perry took 6 of his best managers with him. Forty years before Agile Development methodologies became popular, ESL had analysts from its &# customer&# sitting side-by-side with ESL engineers designing new equipment together. These would be the heart of ESL’s business.

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