Burn Rate Business Model Hiring Lean 
Steve Blank
SEPTEMBER 5, 2018
He just hired Meg Whitman. It’s the antithesis of the Lean Startup. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. Startups with huge burn rates – building leases, staff, PR and advertising – ran out of money. And it may work.
Steve Blank
SEPTEMBER 3, 2014
As the farm fields flew by on the interstate I listened as Dave described how he translated his vision into a series of hypotheses and mapped them onto a business model canvas. As the miles sped by I explained to Dave that he had understood only two of the three parts of what makes a Lean Startup successful. Customer Discovery.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Startup Lessons Learned
MARCH 13, 2009
You have to know your business model. Most startups launch before theyve figured out what business theyre in. And even worse, wed cranked up the burn rate in order to be ready to handle all those millions of mainstream customers we anticipated. The Lean Startup Intensive is tomorrow at Web 2.0. Expo SF (May.
www.chubbybrain.com
SEPTEMBER 28, 2011
Post-Mortem Title : My eHarmony for Hiring Failure. I was manifesting this huge monolithic application in my head that would revolutionize the job search, I had even written some code at this point, and didn’t have any idea if actual businesses were willing to pay a dime for it. We had the wrong business model.
Startup Lessons Learned
MAY 15, 2020
In his view, "It's never selfish to keep your company in business. It's never selfish to hire. I said, "Hire people. Hire them to do whatever you can find them to do." I think that's just one of the things where every company when all of a sudden your business accelerates, there's always something you need done.
Expert insights. Personalized for you.
335 
Let's personalize your content