Steve Blank

MAY 6, 2015

Founders assumed they understood customer problems/needs, wrote engineering requirements documents, designed the product, implemented /built the hardware/software, verified that it worked by testing it, and then introduced the product to customers in a formal coming out called first customer ship. customer relationships to create demand.

Lean 120

Lean Agile Business Model Customer Development 120

Startup Professionals Musings

NOVEMBER 24, 2013

Large corporations and conglomerates, the engines of growth and vitality in the twentieth century, have lost their edge and their image. Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Competitive advantages are rapidly vaporizing on these.

Entrepreneur 263

Entrepreneur Offshore Merger Technical Review 263

Startup Professionals Musings

SEPTEMBER 23, 2017

Large corporations and conglomerates, the engines of growth and vitality in the twentieth century, have lost their edge and their image. Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Competitive advantages are rapidly vaporizing on these.

Offshore 139

Offshore Merger Technical Review Distribution 139

ReadWriteStart

JANUARY 25, 2020

On the topic of ecommerce, one wonders to what extent this business model is applicable, and where is it likely to end? It’s the extent of this phenomenon that has resulted in soaring businesses across the world. A basic search on Google shows several ecommerce portals selling the same products that your business sells.

eCommerce 152

eCommerce Technical Review Social Media Analytics 152

ReadWriteStart

JULY 7, 2021

Various business models in an on-demand courier delivery app. Business to Consumer (B2C) – It is the most common type of business model. Monitor the effectiveness of promotional campaigns – The admin is responsible for implementing marketing campaigns across different communication channels.

Technical Review 163

Technical Review Artificial Inteligence Demand Social Media 163

Steve Blank

JANUARY 22, 2014

Dino Vendetti a VC at Bay Partners, moved up to Bend, Oregon on a mission to engineer Bend into a regional technology cluster. Part 3: Engineering a Regional Tech Cluster. Few entrepreneurs find this scalable and repeatable business model because it’s not easy. I visited Bend last year and caught up with his progress.

Early Stage 286

Early Stage Silicon Valley Oregon Technical Review 286

Startup Professionals Musings

FEBRUARY 22, 2015

Large corporations and conglomerates, the engines of growth and vitality in the twentieth century, have lost their edge and their image. Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Competitive advantages are rapidly vaporizing on these.

Offshore 120

Offshore Startup Merger Technical Review 120

Startup Professionals Musings

JULY 15, 2023

Business partnerships come in all shapes and sizes, from finding a single partner to help you run your startup, to signing a strategic agreement with another large company for development, marketing, distribution, or international sales. Understand required changes to the current business model.

Partner 252

Partner B2B Matching Algorithm 252

Steve Blank

OCTOBER 24, 2016

Execution and Organization of Core Businesses. It wasn’t that Microsoft didn’t have smart engineers working on search, media, mobile and cloud. The problem was that Ballmer organized the company around execution of its current strengths – Windows and Office businesses. Yet a very smart CEO missed all of these.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

OCTOBER 24, 2016

Execution and Organization of Core Businesses. It wasn’t that Microsoft didn’t have smart engineers working on search, media, mobile and cloud. The problem was that Ballmer organized the company around execution of its current strengths – Windows and Office businesses. Yet a very smart CEO missed all of these.

Azure 120

Azure Business Model Cloud Artificial Inteligence 120

Steve Blank

JUNE 26, 2015

The first, the notion of the “ ambidextrous organization ” from O’Reilly and Tushman , posits that companies that want to do continuous innovation need to execute their core business model while innovating in parallel. Horizon 1 activities support existing business models. Horizon 1 is the company’s core business.

Lean 120

Lean Management Business Model Incubator 120

VC Cafe

NOVEMBER 17, 2022

For example: TheGist , an Israeli startup launched this week with a $7M seed round , uses AI to summarise Slack channels and threads. GalacticaAI is a large language model trained on scientific papers. Then came the directories and as the number of websites started growing exponentially, it gave a rise to search engines.

Generative AI 117

Generative AI API Open Source Artificial Inteligence 117

ConversionXL

SEPTEMBER 10, 2019

It other words, it’s a team of designers and engineers. We had a designer, a front-end engineer, and a data scientist. Then, I evolved it into a growth team by hiring a designer and two engineers. Every team included a mix of designers, engineers, marketers, and copywriters. The growth teams that I’ve built.

Conversion 133

Conversion Technical Review Channel Engineer 133

Startup Professionals Musings

OCTOBER 25, 2020

Business partnerships come in all shapes and sizes, from finding a single partner to help you run your startup, to signing a strategic agreement with another large company for development, marketing, distribution, or international sales. Understand required changes to the current business model.

B2B 388

B2B Matching Partner Algorithm 388

Steve Blank

FEBRUARY 23, 2016

As we prepared for the new Hacking for Defense class at Stanford, we had to stop and ask ourselves: How do we use the Business Model Canvas if the primary goal is not to earn money, but to fulfill a mission? In other words, how can we adapt the Business Model Canvas when the metrics of success for an organization is not revenue?

Business Model 120

Business Model Revenue Channel Community 120

Steve Blank

MARCH 15, 2011

By now the nine teams in our Stanford Lean LaunchPad Class were formed, In the four days between team formation and this class session we tasked them to: Write down their initial hypotheses for the 9 components of their company’s business model (who are the customers? what distribution channel? what’s the product?

Business Model 236

Business Model Nebraska Peru Germany 236

ConversionXL

FEBRUARY 3, 2022

Channel-level expertise: An understanding of how the channels work (e.g., After this initial success, Airbnb then reverse-engineered Craiglist forms with a tool that allowed users to repost their listings: By communicating benefits and removing barriers to success, they gave users a reason to get involved. The result?

Retention 113

Retention Marketing Acquisition Channel 113

Steve Blank

APRIL 7, 2020

The classes are built on the Lean Startup methodology: Customer Discovery, Agile Engineering and the Business/Mission Model Canvas. How can you test distribution/deployment? Your Business Model and the World Have Changed. Are they the same now? Will they be the same after the recovery? Which are permanent?

Customer 413

Customer Business Model Restful Video 413

Both Sides of the Table

FEBRUARY 17, 2010

It is a channel disguised in business clothing. I would argue that if Apple’s app model continues to succeed it is bad for your health. Apple is a channel, not a business model – I see too many companies that are building iPhone App companies. It’s a channel.

Flash 326

Flash Mobile Application Development Cloud 326

Steve Blank

JANUARY 21, 2016

You must also understand the value the product provides customers (along with the rest of your business model.). These topics were the focus of interviews with the latest guests on Entrepreneurs are Everywhere , my radio show on SiriusXM Channel 111 (airing weekly Thursdays at 1 pm Pacific, 4 pm Eastern).

Detroit 120

Detroit Baltimore Entrepreneur Cofounder 120

Steve Blank

FEBRUARY 26, 2020

For a Series A round you want to prove you have built a repeatable and scalable sales/revenue model and understand all parts of the business model. Series B is about proving your net revenue model (can you be profitable?). Team, Product, Traction, Business Model and Market. Business Model.

Cofounder 429

Cofounder Seed Stage Valuation Metrics 429

Steve Blank

JULY 13, 2021

Business plans presume that building a startup is a series of predictable steps requiring execution of a plan which assumes a series of known facts: known customers, known features, known pricing, known distribution channel. The reality is that most business plans don’t survive first contact with customers. experiential.

Lean 433

Lean Agile Business Model Business Plan 433

ConversionXL

JANUARY 17, 2017

They have a ratings system and build distribution algorithms to best distribute lawn care providers to customers. Since LawnStarter involves more than the traditional add-to-cart and then complete purchase conversion metrics, they utilize their customer and web data in various channels. Image via Conductrics.

Algorithm 48

Algorithm CTO Hire Distribution Engineer 48

ConversionXL

MARCH 29, 2017

Rob Sobers of Varonis confirms… Rob Sobers , Varonis : “While traditional marketing teams might appear to operate like growth teams in terms of the channels they use (SEM, content marketing, email, etc.), If you don’t have a validated product or business model yet, stop here. It Starts with the Product.

Marketing 48

Marketing Distribution Retention eCommerce 48

VC Cafe

JUNE 18, 2012

From live & on demand video with endless interactive overlays, through 2nd screen, synchronized & social experiences, to brilliant mobile apps that may function in all connectivity environments and support every possible business model. We live, think and breathe digital music distribution. The First Taste Engine.

Securities and Exchange Commission 133

Securities and Exchange Commission Technical Review Software Review 133

Startup Professionals Musings

DECEMBER 3, 2012

Pivots come in many different flavors, each designed to test the viability of a different hypothesis about the product, business model, and engine of growth. Changes to the way a startup captures value can have far-reaching consequences for business, product, and marketing strategies. Engine of growth pivot.

Silicon Valley 273

Silicon Valley Architecture Startup Channel 273

ConversionXL

APRIL 3, 2019

recommendation engines, chatbots, automated suggestions for collaboration). Then they noticed that they’d been cannibalizing other channels—people converting as referrals were leads already acquired from other channels. Fit for the test: Normal tests assume independence and that error is normally distributed.

Artificial Inteligence 114

Artificial Inteligence Technical Review Metrics SEO 114

Steve Blank

DECEMBER 17, 2013

Part 6: Distribution channels in Life Sciences. 8 minute Lessons Learned Presentation: Very specific story about what they learned in 10 weeks about their business model. Look at their Lesson Learned slides below and see how a team of doctors learned about product/market fit, channels and pricing.

Lean 251

Lean Customer Development Business Model Channel 251

Both Sides of the Table

SEPTEMBER 15, 2013

For much of 2013 I watched the press write articles about how the YouTube “MCNs” (multi-channel networks) were doomed and tried to square that with the data I was watching at the one I invested in, Maker Studios, who has had one hell of a year. Developing O&O (owned & operated) businesses (outside of YouTube).

Networking 366

Networking Media Distribution Video 366

Startup Lessons Learned

SEPTEMBER 22, 2008

Lessons Learned by Eric Ries Monday, September 22, 2008 The three drivers of growth for your business model. The AARRR model (hence pirates, get it?) He also has a discussion of how your choice of business model determines which of these metric areas you want to focus on. Choose one.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

ReadWriteStart

APRIL 1, 2011

As for business model, Jigar wants to sell services like refilling cards. The company has distribution through about 50 retailers in Chennai, and is looking for ways to market their product through online channels. We discussed guerilla p.r., From 2008 to 2010, Mitra was a columnist for Forbes. Discuss.

India 119

India Guerilla Entrepreneur New Zealand 119

Steve Blank

AUGUST 31, 2009

The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.) release of the product.

Customer Development 238

Customer Development Developer Customer Silicon Valley 238

Startup Professionals Musings

SEPTEMBER 16, 2011

Pivots come in many different flavors, each designed to test the viability of a different hypothesis about the product, business model, and engine of growth. Changes to the way a startup captures value can have far-reaching consequences for business, product, and marketing strategies. Engine of growth pivot.

Lean 255

Lean Entrepreneur Silicon Valley Architecture 255

Steve Blank

FEBRUARY 19, 2014

All of sudden what was an additional engineering and development effort now became a small, variable cost. As a bonus it meant the 1,400 aerial applicator companies could be a potential distribution channel partner. We think we have a real business.” ” It was a fun coffee. Lessons Learned.

Customer 316

Customer Algorithm Customer Development California 316

Startup Professionals Musings

AUGUST 5, 2016

Even the best investors, when they hear the words disruptive technology, always look harder and deeper at all the other elements of the business model. Real breakthroughs in business, as well as in technology, usually start with BHAGs (Big Hairy Audacious Goals). Integrate social responsibility into the business model.

Technology 120

Technology Non-Compete Business Model .Net 120

Steve Blank

MARCH 11, 2010

One of the classes I teach in the engineering school at Stanford is E145: the Fundamentals of Technology Entrepreneurship , an introduction to building a scalable startup. Our goal is to teach students the key concepts of the startup process and help them understand that a startup is a search for a profitable business model.

Intellectual Property 226

Intellectual Property Business Model Customer Development Distribution 226

Steve Blank

MAY 29, 2019

My contribution has been, “Why don’t we design classes more closely modeled to what innovators and entrepreneurs actually do.” Today the capstone class is most often experiential, team-based, hands on, focused around the search for a repeatable and scalable business model. Distribution channels, brand loyalty, etc.

Incubator 331

Incubator Lean Programming Government 331