Steve Blank

APRIL 23, 2018

By 1931, with the combination of superior financial management and an astute brand and product line strategy, GM had 43% market share to Ford’s 20% – a lead it never relinquished. And 100 years later Elon Musk would see that the future of transportation was no longer in internal combustion engines and build the next great automobile company.

Michigan 268

Michigan Cofounder Stock Forecast 268

Steve Blank

AUGUST 3, 2012

Long before there was the Lean Startup, Business Model Canvas or Customer Development there was a guy in Santa Barbara California who had already figured it out. Frank Robinson of SyncDev has been helping companies figure out their minimum viable product and pivots since 1984, long before I even knew what it meant.

San Jose 256

San Jose Technical Review Customer Development Software Review 256

Steve Blank

MARCH 3, 2015

During the Cold War with the Soviet Union, science and engineering at both Stanford and U.C. Berkeley were heavily funded to develop Cold War weapon systems. The disadvantage is that its methodology was based on the old waterfall model of product development and not the agile and lean methods that startups use today.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 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’s the product? what distribution channel?

Business Model 236

Business Model Nebraska Peru Germany 236

Startup Professionals Musings

JANUARY 12, 2018

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than early projections and product development. Exchanging your services for services is possible with legal counsel, accountants, engineers, and even sales people.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

YoungUpstarts

OCTOBER 19, 2017

by Steve Owens, Founder and CTO of Finish Line Product Development Services. The lean start-up movement has been based on a single insight – which the purpose of a start-up is to discover a business model that works. Reducing product turn time. Extending the runway. The Lean Start-Up Environment.

Product Development 153

Product Development Lean Developer Product 153

Startup Professionals Musings

OCTOBER 19, 2015

That’s why I recommend that they find a co-founder who loves business challenges, including marketing and finance. I usually envision a 50-50 ownership split for their efforts, but every engineer believes the technology side deserves the majority share. Most founders bootstrap product development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Steve Blank

JANUARY 6, 2014

In the last few years Agile and “Continuous Deployment” has replaced Waterfall and transformed how companies big and small build products. Agile is a tremendous advance in reducing time, money and wasted product development effort – and in having products better match customer needs. It enables new business models.

Continuous Deployment 329

Continuous Deployment Customer Agile Cloud 329

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

Startup Lessons Learned

SEPTEMBER 30, 2008

So I initially gravitated to the CTO title, and not VP of Engineering. But since I spent a long time in a hybrid CTO/VP Engineering role, I still have this nagging question. The CTOs primary job is to make sure the companys technology strategy serves its business strategy. Labels: product development 15comments: mukund said.

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

Startup Lessons Learned

SEPTEMBER 15, 2008

The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development. See Customer Development Engineering for my first stab at articulating the theory involved) Ferocious customer-centric rapid iteration, as exemplified by the Customer Development process.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

Hearpreneur

SEPTEMBER 22, 2021

Tesla Tesla invented a successful business model for bringing compelling electric cars to the market. Tesla has always put a huge emphasis on product development and technological advancement. Partly because our business revolves around Google, but mainly because of how innovative they are. 13- Google.

Technical Review 118

Technical Review Entrepreneur Software Review SEO 118

Steve Blank

AUGUST 27, 2012

“We’re building the wrong product!” Tossing their agile development process and at times their entire business model in the air, the company would go into fire-drill mode and engineering would start working on whatever his latest insight was. he’d declare. “We We got to pivot now.” ” Pivot as an excuse.

Founder 316

Founder Cofounder Advisory Board Burn Rate 316

Steve Blank

MAY 14, 2012

Any dispassionate observer would recognize that on Day One, a start-up has no customers, and unless the founder is a true domain expert, he or she can only guess about the customer, problem, and business model. Traditionally, engineering, sales, and marketing have all focused on the immovable launch date.

Balance Sheet 335

Balance Sheet Business Model Customer Development Metrics 335

YoungUpstarts

OCTOBER 10, 2012

If so, the business world is full of specialists who are all too eager to help. Talented product developers. Your most powerful growth engine is your existing customer. Brilliant ad agencies and clever marketing communications experts. Highly trained salespeople. Even PhD analytics eggheads. That’s right.

Customer 154

Customer Fractional CTO Canada Technical Review 154

YoungUpstarts

OCTOBER 22, 2012

The program has to be well staffed so it becomes a seamless and well integrated part of your entire growth engine. It must cross boundaries, working cooperatively with other divisions in your business such as sales, marketing, social media, PR, product development, and the like. Cheaping out” on resources.

Programming 145

Programming Customer Social Media Advisory Board 145

Startup Lessons Learned

JULY 29, 2009

The human tendency to moralize about debt affects engineers, too. Startups especially can benefit by using technical debt to experiment, invest in process, and increase their product development leverage. The biggest source of waste in new product development is building something that nobody wants.

Technical Review 168

Technical Review Software Review San Francisco Lean 168

Steve Blank

JUNE 25, 2009

Their engineering teams didn’t have the expertise using off-the-shelf microprocessors (back then “real” computer companies designed their own instruction sets and operating systems.) They couldn’t keep up with the fast product development times that were enabled by using standard microprocessors. Their engineers hated us.

Technology 138

Technology Silicon Valley Fractional VPE Part-Time VPE 138

Steve Blank

NOVEMBER 18, 2010

A business plan has a set of assumptions (who’s the customer, what’s the price, what’s the channel, what are the product features that matter, etc.) that make up a business model. Yet by first customer ship most of the business model hasn’t been validated or tested. Pivots Versus Crises.

Burn Rate 247

Burn Rate Management Business Model Customer Development 247

Austin Startup

AUGUST 20, 2017

Your business works as intended if you can attract customers that fit into the context of your operation. Do they perceive enough value to pay prices that create for you a profit margin that matches your business model? As a founder, you need to install a feedback mechanism that keeps development inside the fences.

Technical Review 48

Technical Review Software Review Cap Table Securities and Exchange Commission 48

Ben's Blog

AUGUST 28, 2012

Unlike political regimes, technological rulers are comprised of products rather than people. These aging products, developed in earlier times now represent bankrupt ideologies, weak paradigms and byzantine complexity. So what will become of IT? Power to the people, the new role of IT. IT Driven User Driven.

Romania 77

Romania Software Review Cloud Mobile 77

Startup Lessons Learned

APRIL 14, 2009

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) In fact, this company hasn’t shipped any new products in months.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Startup Lessons Learned

JUNE 5, 2009

I think this idea is particularly appealing to those of us from an engineering background. One way to conceive of our goal in an early-stage venture is to incrementally “fill in the blanks&# for the business model that we think will one day power our startup. The solution is to change our focus from outputs to inputs.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

ReadWriteStart

FEBRUARY 13, 2020

Federal tax breaks are offered of up to 35% to private Canadian companies that have an R&D cycle at the core of their business model. As a result, organizations can now afford to seek out highly skilled developers and engineers to help them develop new, disruptive products.

Canada 127

Canada Government Venture Capital Early Stage 127

ReadWriteStart

JUNE 29, 2020

Wikipedia.com defines a “startup company (startup or startup) is an entrepreneurial venture which is typically a newly emerged, fast-growing business that aims to meet a marketplace need by developing a viable business model around an innovative product, service, process, or a platform.”.

Bootstrapping 85

Bootstrapping Global Startup Hungary 85

Ben's Blog

AUGUST 28, 2012

Unlike political regimes, technological rulers are comprised of products rather than people. These aging products, developed in earlier times now represent bankrupt ideologies, weak paradigms and byzantine complexity. So what will become of IT? Power to the people, the new role of IT.

Romania 44

Romania Software Review Cloud Mobile 44

Austin Startup

FEBRUARY 21, 2020

In addition to entrepreneurship, she has a background in chemical engineering, supply chain management, biomedical engineering research, microbiology research, and new product development for U.S. This will require new partners, new skill sets, and new business model innovation. and Indian companies.

Baltimore 62

Baltimore Africa South Africa Michigan 62

Steve Blank

SEPTEMBER 17, 2009

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development.

Customer Development 242

Customer Development Developer Customer Silicon Valley 242

Startup Lessons Learned

FEBRUARY 7, 2013

PayPal, under the leadership of David Marcus and Bill Scott, re-defining and re-engineering itself by embracing Lean Startup to improve the product experience. My personal background was as an engineer and my companies had been Web-based startups, so that is what I wrote about. Startup blogging was hardly "cool" back then.

Lean 167

Lean Entrepreneur Agile San Francisco 167

www.informationarbitrage.com

FEBRUARY 24, 2010

Selecting value-added angel investors and advisors can also help with the camaraderie issue, as they can provide advice and counsel during the solitary period of hard-core coding and product development. A full-time business partner is definitely not required at this point in the company's life.

CTO Hire 40

CTO Hire Founder Cap Table Vesting 40

Steve Blank

DECEMBER 17, 2015

And take what it learns and regularly update the corporate engineering, strategy, VC groups and business unit heads, on technology and market shifts. In exchange, the startups provide companies with their disruptive ideas, technologies and business models. Stage 3: Productizing the Solution to Corporate Problems.

Silicon Valley 120

Silicon Valley Incubator Acquisition Business Model 120

Up and Running

JULY 24, 2015

On Bplans, you’ll find templates, free eBooks, and articles on how to plan and start your business. Business Model Generation. This website offers a downloadable worksheet called a business model canvas that helps you think through your business idea. Product development. Edison Nation.

Entrepreneur 60

Entrepreneur Small Business Administration SBA Pennsylvania 60

Startup Lessons Learned

APRIL 18, 2010

Lean, when used in the context of lean startup, refers to a process of building companies and products using lean manufacturing principles applied to innovation. That process involves rapid hypothesis testing, validated learning about customers , and a disciplined approach to product development.

Lean 167

Lean San Francisco Continuous Deployment Startup 167

Startup Lessons Learned

MAY 27, 2009

It uses principles of agile software development, open source and web 2.0, and lean manufacturing to guide the creation of technology businesses that create disruptive innovation. This presentation will empower entrepreneurs and managers to: -Identify a profitable business model faster and cheaper than your competitors.

Lean 60

Lean Austin San Francisco Continuous Deployment 60

Reid Hoffman

NOVEMBER 10, 2020

For instance, as the world becomes more hyper-connected and hyper-local, what might have previously been a fragmented industry may now be much more addressable if you design a different business model that makes it possible to adopt a more interesting economic model. SpaceX didn’t have to invent fundamentally new technologies.

Technical Review 36

Technical Review Software Review Engineer America 36

Steve Blank

JUNE 8, 2009

Execution by Vertical Market As the class progressed, students asked how the activities/functions of a startup; (Sales, Marketing, Business Development, Product Development, etc.) Is marketing different if you’re in the cleantech business versus medical devices? Innovation – Business Model?

Vertical 122

Vertical Silicon Valley RSS Marketing 122

ReadWriteStart

JANUARY 27, 2011

And a few words about Persistent Systems, an outsourced software product development (OPD) company that is navigating its next phase of evolution are also warranted. Persistent is breaking out of the mold of labor arbitrage, and looking at new and exciting business models. Photo by nosheep. Discuss.

Dilution 114

Dilution Revenue Finance Entrepreneur 114