Steve Blank

SEPTEMBER 23, 2014

It happened recently when a group of educators came to the ranch to learn how to teach Lean entrepreneurship to K-12 students. We now understand the distinction between startups – who search for a business model – versus existing companies – that execute a business plan. On Fire With A Vision.

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Up and Running

AUGUST 28, 2018

A Lean Business Plan might be a better fit if you simply need to think through all the different aspects of your business. A Lean Plan will be shorter, and it lends itself to quick revisions, but both types follow the same general outline. Milestones and metrics that you’ll need to hit to be viable. Milestones and metrics.

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Business Plan Technical Review Exit Strategy Oregon 72

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. As a consequence, corporations used metrics like return on net assets (RONA), return on capital deployed, and internal rate of return (IRR) to measure efficiency.

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Architecture IRR Balance Sheet Liquidity Event 227

Up and Running

FEBRUARY 10, 2021

Investors, particularly those investing in early-stage startups, want to understand your vision. Executive summary and/or Lean Plan. Your cover letter may generate a request for additional information and this is where a solid executive summary or lean business plan comes in handy. A vision for the future. Financial forecasts.

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Business Plan Forecast Balance Sheet Exit Strategy 138

VC Adventure

MARCH 19, 2020

I had a few things on my mind related to the startup environment right now as it relates to Covid-19 and the massive market disruption that we’re in the middle of. With that, here are some general observations on the market as well as a few things specific to startup companies (relevant across stages).

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Up and Running

AUGUST 20, 2018

Most of us need just a Lean Business Plan, for internal use, with just bullet point lists and important projections. Good businesses always keep their Lean Plan up to date. The lean business plan is great news because it makes the planning process much less daunting. More on that in the section on the Lean Plan.

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Business Plan Technical Review Lean Forecast 119

Up and Running

NOVEMBER 12, 2018

But if you’re writing a plan as an internal guide for strategic growth, you should consider a lighter version— a Lean Plan. A Lean Plan can also serve as an initial plan that helps you think through all the aspects of starting your business. Startup costs. Key metrics. Your problem and solution. Financial plan.

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Up and Running

OCTOBER 3, 2018

If you want to put together a strategic plan to map out your business’s growth potential, you might consider a Lean Business Plan. But know that a Lean Plan shares all of the same components of a traditional business plan—it’s just shorter. Milestones and metrics that you’ll need to hit to be viable. Milestones and metrics.

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El Paso Business Plan Technical Review Forecast 61

Both Sides of the Table

MARCH 3, 2013

Let me start by saying that Clayton is one of the most influential people on my thoughts about markets that led to both the concept behind my first startup and my main theses in investing. Startup Grind was a truly awesome conference and Derek the consumate host. Watch the 30-minute interview to hear why but summary notes below.

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Steve Blank

MARCH 26, 2019

We just finished the 8 th annual Lean LaunchPad class at Stanford. So in 2011, with support from the Stanford Technology Ventures Program (the entrepreneurship center in the Stanford Engineering School), we created a new capstone entrepreneurship class – the Lean LaunchPad. It’s the same, but different. I-Corps @ NIH ).

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Up and Running

MAY 15, 2019

No matter its size or age, every brewery was once a startup. Most small businesses and startups that are looking to grow— hire a new employee , or buy a new piece of equipment, or open a new location —need to think hard about cash flow, or making sure they have enough money in the bank to meet payroll and other financial obligations.

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Up and Running

MARCH 11, 2015

You should have a good solid executive summary, you should have full financials, and that means a projected balance sheet, P&L and cash flow. Now entrepreneurship is the sexiest word on the planet, so a lot of people have startup weekends. Food, technology, bioscience, services, you need to know the metrics for your model.

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Technical Review Software Review Due Diligence Exit Strategy 60

Reid Hoffman

JUNE 8, 2021

As I’m sure most would agree, Airbnb is one of the most iconic startups to have been formed in the world. We can either try to step forward and be progressive and really try to lean forward, or we can get dragged in the future. But I generally am not a fan of committees and things that get in the way of moving quickly in a startup.

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Reid Hoffman

JUNE 8, 2021

As I’m sure most would agree, Airbnb is one of the most iconic startups to have been formed in the world. We can either try to step forward and be progressive and really try to lean forward, or we can get dragged in the future. But I generally am not a fan of committees and things that get in the way of moving quickly in a startup.

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Silicon Valley Hosting Rhode Island Design 36