Steve Blank

MAY 23, 2016

Established businesses execute business models while startups search for them. The Lean LaunchPad class is now taught around the world – and VC’s expect entrepreneurs to talk about not just their technology but their customer development findings. Actually they’re entirely different.

Lean 223

Lean Technical Review Vietnam Engineer 223

Steve Blank

DECEMBER 3, 2012

Enter the Business Model Canvas. With the business model canvas in hand, we can now approach rethinking corporate innovation strategy and structure. Existing companies and their operating divisions implement known business models. Operating divisions execute the known business model.

Business Model 334

Business Model Customer Development United States Operations 334

Steve Blank

JUNE 18, 2013

I wondered if business plans and 5-year forecasts were the right way to plan a startup. It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models. So what would a search process for a business model look like?

Lean 184

Lean Agile Customer Development Business Model 184

Steve Blank

MAY 14, 2012

The excerpts, which appeared first at Inc.com , highlight the Customer Development process, best practices, tips and instructions contained in our book. Founders, presuming they know their customers, assume they know all the features customers need. The second flawed assumption is implicitly driven by the first.

Balance Sheet 335

Balance Sheet Business Model Customer Development Metrics 335

Steve Blank

DECEMBER 7, 2010

Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.). In contrast, startups search for a business model. (Or Their objective is to get users, orders, customers, etc.

Wiki 316

Wiki Lean Management Business Model 316

Startup Lessons Learned

SEPTEMBER 30, 2008

If youre trying to design an architecture to maximize agility, how can that work if some people are working in TDD and others not? Have you ever heard a technologist use technical mumbo-jumbo to make it sound like a business idea he or she didnt like was basically impossible? But along the way, something strange happened. Great piece!

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

Steve Blank

JULY 28, 2011

From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory – income statements, balance sheets, business plans, revenue models, 5-year forecasts, etc. If this program works it will change how we connect basic research to the business world.

Engineer 284

Engineer Silicon Valley United States Intellectual Property 284

Startup Lessons Learned

FEBRUARY 7, 2013

Struggling to explain the successes and failures of those companies, I discussed principles like continuous deployment, customer development, and a hyper-accelerated form of agile. Therefore, we needed a new management toolkit designed explicitly for iteration, scientific learning, and rapid experimentation. It's a big tent.

Lean 167

Lean Entrepreneur Agile San Francisco 167

Startup Lessons Learned

JUNE 5, 2009

Certainly venture-backed startups don’t have this luxury – every business plan has a model in it. Just because entrepreneurs tend to forget about these models doesn’t mean their investors do. Companies that reliably fail to make their forecasted numbers are exceptionally prone to “management retooling.&#

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Up and Running

MAY 23, 2016

The one-page pitch format is also more suitable for SaaS businesses that are constantly testing new ideas. Your pitch is going to cover your strategy (what you’re going to do), your tactics (how you’re going to do it), your business model (how you will make money), and your schedule (who is doing what and when).

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

NOVEMBER 1, 2010

They made other assumptions about the type of sales channel, partnerships and revenue model they would need. And they rolled all of this up into a set of financial forecasts with a “size of market” forecast from brand name management consulting firms that said they’d have 42 million customers by 2002.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

Steve Blank

MAY 7, 2009

Rob Adams, the director of MootCorp, is doing an amazing job at providing value to all participants, whether it’s feedback on their business model or making the right introductions. Theme: Digg 3 Column by WP Designer. as one attempt to clearly define how exactly the company is creating value in the market.

Business Plan 156

Business Plan Silicon Valley RSS Venture Capital 156

Startup Lessons Learned

JULY 9, 2009

No business model, either. All my products and ideas focus on early cash and a business model that works from the first day. Talking about trends is more about trying to forecast the future, like a guru, sometimes it works, sometimes not. So, the idea of starting without a business model is good ?

San Francisco 94

San Francisco Lean Continuous Deployment DC 94

Steve Blank

JANUARY 21, 2010

In our previous post we posited that Scalable Startups are designed to become large companies. The good news is this team found a business model, product/market fit and a repeatable sales model. Scalable Startups at Adolescence. Yet at their early stages, they are not small versions of larger established companies.

Agile 120

Agile Development Team Review Leadership Merger 120

Up and Running

JULY 14, 2015

Our business model was Pinterest. It goes to show you that the business model was good but we just … We’re not the right team. You need to go out and do some customer development. The original idea was actually to do the business model that is now Threadless, before threadless was existing.

Incubator 60

Incubator Email Startup Oregon 60

Steve Blank

SEPTEMBER 6, 2012

I wondered if business plans and 5-year forecasts were the right way to plan a startup. Experienced entrepreneurs kept finding that no business plan survived first contact with customers. So what would a search process for a business model look like? And in 2003 the Haas Business School at U.C.

Lean 322

Lean Georgia Michigan Business Model 322