Steve Blank

MARCH 26, 2019

The class was unique in that it was 1) team-based, 2) experiential, 3) lean-driven (hypothesis testing/business model/customer development/agile engineering). When we started this class, the concept of Lean (business models, customer development, agile, pivots, mvp’s) was new to everyone. Class Velocity/Depth.

Lean 254

Lean Business Model Balance Sheet Video 254

Up and Running

JANUARY 24, 2019

A bank or fund manager will always ask you what is your appetite for risk; is it low, medium, or high? If your risk tolerance is low, don’t start a business—because most days will contain some risk or other. Before you can start a company, you need a business idea. Write a Lean Business Plan.

Lean 93

Lean Balance Sheet Bankruptcy Business Model 93

Steve Blank

SEPTEMBER 23, 2014

We now understand the distinction between startups – who search for a business model – versus existing companies – that execute a business plan. They adopted the Lean LaunchPad methodology because, as they said, it provides a framework for the chaos of a startup, where nothing is predictable.

Lean 289

Lean Cleveland Balance Sheet Ohio 289

Ben's Blog

AUGUST 17, 2020

However, this simple framework breaks down when applied to tech companies whose growth rates don’t look like that of a “normal” mature company. We think about this framework in the context of how long it takes to feel “in-the-money”, meaning the value of the investment is beginning to appreciate. It’s the prudent assumption many make.

Valuation 36

Valuation Balance Sheet Cofounder Forecast 36