Steve Blank

OCTOBER 31, 2014

But if you want to build a scalable startup you need to be asking how you can you get enough customers/users/payers to build a business that can grow revenues past several $100M/year. startups ignore the rest of the world until they scale in their own country. They intended to get scale for their business by growing in the U.S.

Global 335

Global Australia Silicon Valley China 335

Steve Blank

SEPTEMBER 14, 2009

Venture Capitalists on your board developed the expertise to get your firm public as soon as possible using whatever it took including hype, spin, expand, and grab market share because the sooner you got your billion dollar market cap, the sooner the VC firm could sell their shares and distribute their profits. So what’s left?

Silicon Valley 234

Silicon Valley IPO Technical Review Venture Capital 234

Steve Blank

FEBRUARY 3, 2015

I remind my students that I’m teaching them a methodology they can use the rest of their careers, not running an incubator. The question was: Could we get these companies to pivot and learn when they already thought they had an existing business model?). What Do You Mean You Only Spoke to 1 Customer?

North America 120

North America Lean Customer Development Distribution 120

Steve Blank

NOVEMBER 21, 2016

If there was any doubt among the teams about the value of what they’re learning, Blinken put it to rest with a compelling overview of how so many of today’s complex global problems – from stopping Ebola to monitoring cease-fires and improving food security – demand innovative, tech-based solutions.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

NOVEMBER 21, 2016

If there was any doubt among the teams about the value of what they’re learning, Blinken put it to rest with a compelling overview of how so many of today’s complex global problems – from stopping Ebola to monitoring cease-fires and improving food security – demand innovative, tech-based solutions.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

MARCH 11, 2015

I suggested the best place to start the conversation is with the 21 st century definition of a startup: A startup is a temporary organization designed to search for a repeatable and scalable business model. That means in their core business, large companies have a series of knowns. and how to price the product.

Widget 120

Widget Lean Business Model Metrics 120

Steve Blank

AUGUST 5, 2010

Fairchild Semiconductor became the progenitor of a flood of Silicon Valley chip companies and at the same time the adoption of the limited partnership as the model for Venture Firms gave VC’s their own profitable business model. But these VC’s aren’t Lean because they fund startups with web-based distribution models.

Lean 262

Lean Internet Silicon Valley Venture Capital 262

Steve Blank

JULY 22, 2010

Customer Validation needs to have the CEO actively involved. Customer Development Diagnostics over Lunch. He went through his product feature by feature and matched them to the customer problems. He talked about how his business model would make money and how the prospects he talked to seem to agree with his assumptions.

Forecast 275

Forecast Sales Customer Customer Development 275

Steve Blank

APRIL 30, 2009

SuperMac sold our graphic boards for the Macintosh through multiple distribution channels: direct sales to major accounts, national chains, independent rep firms, etc. Initially your job is to understand each of the parts of your business model before you hire someone to do it.

Sales 120

Sales Silicon Valley RSS Las Vegas 120

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. If winning $5-10K is your goal, you’re not a scalable startup, just a small business. I now think that was a mistake.

Business Plan 155

Business Plan Silicon Valley RSS Venture Capital 155

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.

Lean 254

Lean Business Model Balance Sheet Video 254

maplebutter.com

JANUARY 8, 2013

However, one of my co-founders doesn’t seem to be as motivated as the rest of us. I’m not afraid to pick up the phone, cold call someone, use LinkedIn to find someone who’s recently left a company that might be considered competitive and ask them for advise around the business model and marketplace. A few nuggets.

Technical Review 44

Technical Review Startup Cofounder Software Review 44

techcrunch.com

OCTOBER 23, 2010

Only eBay was founded by a single individual – the rest were team efforts. I too am looking for someone to work with that knows the manufacturing and distribution end of a solid product. thanks to advice like yours, people like me spent that time developing rather than begging for money. How to have good startup? [.]

Technical Review 84

Technical Review Cofounder Technical Cofounder Software Review 84