YoungUpstarts

MAY 24, 2019

by Bruce Cleveland, Founding Partner at Wildcat Venture Partners and author of “ Traversing the Traction Gap “ As we continue our exploration of the Traction Gap Framework® – a step-by-step approach that startup teams can use to go from ideation to preparing to scale – I will walk you through the principles.

Framework 113

Framework Architecture Cleveland Early Stage 113

Steve Blank

SEPTEMBER 5, 2013

Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model. We had a killer team and all the right skillsets.

Lean 319

Lean Customer Development Sales Cycle Business Model 319

Austin Startup

FEBRUARY 28, 2019

With a concentration on providing a more diverse workforce, Capital Factory and Opportunity Hub are partnering in 2019 to converge on the Austin tech scene this spring at SXSW. The business model is simple. 8:00 PM The Center for Social Innovation, 1023 Springdale Rd Access: HBCU@SXSW Cohort + Guest Engineers Friday, March 8?—?OHUB

Partner 55

Partner Cofounder Technical Cofounder Equity 55

Steve Blank

DECEMBER 20, 2011

They launched an incubator for the top scientists and engineers in the U.S. 63 scientists and engineers in 21 teams made 2,000 customer calls in 8 weeks , turning laboratory ideas into formidable startups. government agency that supports research in all the non-medical fields of science and engineering. billion U.S.

Incubator 306

Incubator Government Silicon Valley Lean 306

Steve Blank

SEPTEMBER 5, 2023

In the early stages of a startup your hypotheses about all the parts of your business model are your profound beliefs. Executing both of them would put us out of business. Then march through the rest of the business model. This post previously appeared in EIX. These strategies are mutually exclusive.

Business Model 339

Business Model Product Development Early Stage Customer Development 339

YoungUpstarts

JUNE 1, 2019

by Bruce Cleveland, Founding Partner at Wildcat Venture Partners and author of “ Traversing the Traction Gap “. In the first post , we drilled down into the often-overlooked notion of “market-engineering” and why it’s so critical. As you develop your product, you must concurrently invest in market-engineering tasks.

Cleveland 150

Cleveland Framework Marketing Early Stage 150

Steve Blank

NOVEMBER 11, 2022

My good friend Alexander Osterwalder , the inventor of the business model canvas (one of foundations of the Lean Methodology) has written a playbook (along with his associate partner Tendayi Viki ,) From Innovation Theater to Growth Engine to explain how to build and implement repeatable innovation processes inside a company. .

Portfolio 373

Portfolio Business Model Metrics Programming 373

Steve Blank

MARCH 8, 2011

It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. Startups are in fact only temporary organizations, organized to search –not execute–for a scalable and repeatable business model.

Lean 303

Lean Business Model Customer Development Guinea 303

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. Generating Hypotheses. Testing Hypotheses.

Lean 120

Lean Agile Business Model Customer Development 120

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. Part 2: Early-stage Regional Venture Funds.

Early Stage 290

Early Stage Silicon Valley Oregon Technical Review 290

Steve Blank

MARCH 29, 2010

In my last post I described my approach to one of the three classes I teach at Stanford in the engineering school: Fundamentals of Technology Entrepreneurship. The key things I want students to take from the class are: Understand that a startup is a temporary organization designed to search for a profitable business model.

Business Model 235

Business Model Silicon Valley California Engineer 235

Steve Blank

OCTOBER 25, 2010

Over the last 50 years engineers have moved from building computers out of individual transistors to building with prepackaged logic gates. It’s the combination of Business Model Design and Customer Development. Business Model Design. It instantly creates a shared visual language while defining a business.

Customer Development 331

Customer Development Business Model Developer Customer 331

Steve Blank

JUNE 8, 2021

Although the class was run completely online, and even though they were suffering from Zoom fatigue, the 10 teams of 42 students collectively interviewed 1,142 beneficiaries, stakeholders, requirements writers, program managers, industry partners, etc. And our course advisor, Tom Byers , Professor of Engineering and Faculty Director, STVP.

Lean 410

Lean Security Asia SBIR 410

Steve Blank

JUNE 19, 2014

After seeing the process work so well for scientists and engineers in the NSF, we hypothesized that we could increase productivity and stave the capital flight by helping Life Sciences startups build their companies more efficiently. if enough knowledge was gathered through proxies or research a positive outcome could be precomputed.

Lean 273

Lean SBIR Intellectual Property Customer Development 273

Steve Blank

JULY 28, 2011

Silicon Valley was born in an era of applied experimentation driven by scientists and engineers. 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.

Engineer 283

Engineer Silicon Valley United States Intellectual Property 283

A Smart Bear: Startups and Marketing for Geeks

NOVEMBER 5, 2014

Your product is designed with natural tripwires to trigger other pricing ( Freemium model ), or not (business model left as an exercise to your future self). Requires venture funding because you have no income, and if you’re successful you’ll need lots of people and tech to run the business.

Bootstrapping 294

Bootstrapping Technical Review B2C Sales Cycle 294

YoungUpstarts

JANUARY 4, 2017

Software engineer, entrepreneur and investor Mark Andreessen has a varied technical background that involved developing the world’s first ever web browser, Mosaic, and founding a number of software companies which he later sold for a large profit. Mark Andreessen. Angel Investors Understand the Difficulties Startups Face.

Angel Investor 208

Angel Investor Entrepreneur Software Engineering Operations 208

Steve Blank

JULY 25, 2011

Scientists and engineers as founders and startup CEOs is one of the least celebrated contributions of Silicon Valley. ESL, the first company I worked for in Silicon Valley , was founded by a PhD in Math and six other scientists and engineers. It might be its most important. ———-. Cold War Spin Outs.

Engineer 310

Engineer Silicon Valley United States Venture Capital 310

Startup Professionals Musings

JUNE 20, 2016

It starts with having a vision and an ability to get the message across in your elevator pitch, in a written business plan and one-on-one with potential investors. Fundable entrepreneurs have to feel comfortable talking and listening to engineers, financial people, marketing and especially customers. Not afraid to make a decision.

Sweat Equity 152

Sweat Equity Entrepreneur Elevator Pitch Software Review 152

Startup Lessons Learned

OCTOBER 11, 2018

Reid Hoffman of LinkedIn and Greylock Partners will be talking about “blitzscaling” with his co-author Chris Yeh, and Stanford Professor Bob Sutton. It’s the engine that has powered companies including Amazon, Alibaba, and Google. You need the right tools.

Lean 103

Lean Las Vegas Cofounder Startup 103

Steve Blank

JUNE 26, 2015

Companies pursuing innovation can Buy, Build, Partner or use Open Innovation. 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. Fast forward to today.

Lean 120

Lean Management Business Model Incubator 120

Steve Blank

APRIL 4, 2011

This week they were testing who the customer, user, payer for the product will be (and discovering if they have a multi-sided business model , one with both buyers and sellers.) as well as channel partners and cloud industry technology consultants. The Business Model Canvas is a great way to diagram it out.

Customer 239

Customer Business Model Nebraska Cloud 239

Lightspeed Venture Partners

FEBRUARY 12, 2013

Almost a year ago, my partner Barry Eggers and I met with Craig Elliott and Scott Hankins to talk about their vision for a new company, Pertino. Veterans of the networking industry, Craig formerly served as the CEO of Packeteer, a high-flying networking appliance vendor that he took public in 1999 with Scott as his director of engineering.

Networking 153

Networking Technical Review Cloud Software Review 153

SoCal CTO

MARCH 3, 2011

This overview (executive summary) needs to include: Product and Business What is the product? What's the business model short-term and long-term? Who might be partners? or hard core engineering (new devices) then the CTO (Chief Scientist) means something else entirely. Who's the customer? How are you different?

Fractional CTO 264

Fractional CTO CTO Hire NDA Technical Review 264

SoCal CTO

MARCH 3, 2011

This overview (executive summary) needs to include: Product and Business What is the product? What's the business model short-term and long-term? Who might be partners? or hard core engineering (new devices) then the CTO (Chief Scientist) means something else entirely. Who's the customer? How are you different?

Fractional CTO 259

Fractional CTO CTO Hire NDA Technical Review 259

Steve Blank

JULY 13, 2021

Founders of startups (and new ventures inside existing companies) are searching for product/market fit and a repeatable and scalable business model. At the start of the 21st century, after two decades and 8 startups, I retired and had time to think about how VCs directed their startups using business plans. experiential.

Lean 436

Lean Agile Business Model Business Plan 436

David Teten

JANUARY 19, 2021

(co-written with Jamie Finney, Founding Partner at Greater Colorado Venture Fund. Similar to the explosion of seed funds in the past decade, we (and some limited partners too ) believe these Flexible VCs are on the forefront of what will become a major segment of the venture ecosystem. FLEXIBLE VC VS. OTHER VENTURE CAPITAL MODELS.

Cofounder 78

Cofounder Technical Review Equity Dividend 78

Hearpreneur

APRIL 9, 2023

5- Business model innovations Photo Credit: Bram Jansen New forms of commerce and sources of income are becoming possible thanks to technological advancements. Additionally, technology has the potential to give businesses the resources necessary to develop mobile-responsive websites and applications. In the U.S.

Technical Review 107

Technical Review Artificial Inteligence Technology Entrepreneur 107

Startup Professionals Musings

OCTOBER 19, 2015

I usually envision a 50-50 ownership split for their efforts, but every engineer believes the technology side deserves the majority share. Outside investors are most interested in scaling a proven business model, not research and development. Most founders bootstrap product development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Steve Blank

APRIL 7, 2020

The classes are built on the Lean Startup methodology: Customer Discovery, Agile Engineering and the Business/Mission Model Canvas. It’s what you can show a potential customer/ user/ beneficiary/partner that will get you the most learning at a point in time. Your Business Model and the World Have Changed.

Customer 418

Customer Business Model Restful Video 418

YoungUpstarts

APRIL 7, 2016

The rub is that a startup likely has the ideas to take it straight to the top, but it’s also likely that the company lacks the business skills to make it truly successful. A talented group of specialists including engineers, designers, financial analysts, and lawyers are assigned to develop various facets of the company’s framework.

Seed Stage 100

Seed Stage Silicon Valley Incubator Asia 100

Steve Blank

NOVEMBER 21, 2016

Each team continues to capture its work on a Mission Model Canvas – a modified version of the Business Model Canvas that’s at the heart of the Lean Startup methodology. They’re also focusing on developing relationships with and getting buy-in from key partners like the Red Cross and other NGOs.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

NOVEMBER 21, 2016

Each team continues to capture its work on a Mission Model Canvas – a modified version of the Business Model Canvas that’s at the heart of the Lean Startup methodology. They’re also focusing on developing relationships with and getting buy-in from key partners like the Red Cross and other NGOs.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Hearpreneur

JANUARY 8, 2023

However, working with trusted experienced partners is much better. This technology will allow businesses to better understand customer needs, automate processes, and create a more personalized experience. I'm excited to see how this technology will revolutionize the way businesses operate! 14- Business model innovations.

Artificial Inteligence 125

Artificial Inteligence Technical Review Entrepreneur Forecast 125

SoCal CTO

JUNE 9, 2010

The Yin and Yang of Product and Engineering - A VC : Venture Capital and Technology , May 22, 2010 For a tech company, product and engineering are the heart and soul of the business. " In fact, 3 of the 10 selected companies from the past two years has followed this business model. Prerequisites. m pleased.

Fractional CTO 248

Fractional CTO Startup Venture Capital Cofounder 248

ConversionXL

JUNE 2, 2022

If ABM gives your ideal customer everything they want and need to become a long-term partner, is there actually a need for lead generation? LiveRamp’s product is designed to “enable companies and their partners to better connect, control, and activate data to transform customer experiences and generate more valuable business outcomes.”.

Lead Generation 94

Lead Generation Marketing Sales Cycle Campaign 94

Steve Blank

APRIL 10, 2009

One of the things he mentioned was that when it came to decision-making he still tended to think and act like an engineer. Since every situation is unique, there is no perfect solution to any engineering, customer or competitor problem, and you shouldn’t agonize over trying to find one. The same is true in your company.

Silicon Valley 305

Silicon Valley RSS Startup Agile 305