Startup Professionals Musings

APRIL 4, 2022

According to my experience and this Motley Fool article from a few years ago, the challenge is very real, with around half of all new businesses no longer existing after five years. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

Intellectual Property 261

Intellectual Property Technical Review Incubator Bootstrapping 261

Steve Blank

SEPTEMBER 3, 2014

As the farm fields flew by on the interstate I listened as Dave described how he translated his vision into a series of hypotheses and mapped them onto a business model canvas. As the miles sped by I explained to Dave that he had understood only two of the three parts of what makes a Lean Startup successful. Customer Discovery.

Cofounder 336

Cofounder Founder Technical Cofounder Coder 336

Startup Professionals Musings

DECEMBER 6, 2019

According to a well-researched Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. 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.

Finance 320

Finance Intellectual Property Technical Review Incubator 320

Steve Blank

SEPTEMBER 16, 2014

Surprisingly if you’ve filled out the business model canvas you already know who you need. She started by sketching her business model canvas on a napkin, but somehow the conversation quickly shifted to what was really on her mind. ——-. I told Radhika this is a perennial question for startups.

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

Steve Blank

DECEMBER 20, 2011

“We’ve been reading your blog about your Lean Launchpad class.” We want to make a bet that your Lean Launchpad class can apply the scientific method to market-opportunity identification. The Innovation Corps – Using the Lean LaunchPad as an Incubator for Scientists and Engineers. Wow, that’s nice, I thought, a call from a fan.

Incubator 301

Incubator Government Silicon Valley Lean 301

YoungUpstarts

AUGUST 24, 2017

Subscription business models have been around for a pretty long time, but thanks to modern technology, this model has evolved from milk or newspapers delivery to a versatile eCommerce experience. As a starting entrepreneur, you might wonder: why on earth would I want to start a subscription (box) business? Conclusion.

Churn Rate 149

Churn Rate eCommerce Business Model Bootstrapping 149

Startup Professionals Musings

JUNE 30, 2019

According to my experience and a this Motley Fool article, the challenge is very real, with around half of all new businesses no longer existing after five years. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf. That’s a lean business plan.

Lean 60

Lean Business Plan Video Software Review 60

Steve Blank

JULY 13, 2021

By 1923, 2/3rds of the courses at Harvard were taught with the case method, and the pattern was set for business education for the rest of the 20th century. Entrepreneurship Becomes a Subject in Business Schools. I posited that teaching “how to write a business plan” might be obsolete. experiential.

Lean 433

Lean Agile Business Model Business Plan 433

Steve Blank

MARCH 3, 2015

Berkeley Haas Business School is a leader in entrepreneurship education. It has replaced how to write a business plan with hands-on Lean Startup methods. 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 11, 2016

We just finished the 6 th annual Lean LaunchPad class. For the last 6 years I’ve taught the Lean LaunchPad class at Stanford and Berkeley. business plans are fine for large companies where there is an existing market, existing product and existing customers, but they are useless in a startup where most often none of these are known.

Lean 120

Lean Incubator Business Model Channel 120

Steve Blank

NOVEMBER 20, 2014

NYU has adopted the Lean LaunchPad ® class as a standard entrepreneurship course across twelve different schools/colleges within the University. Over 1,000 students a year are learning lean startup concepts. But what NYU did with the rest of their grant dollars was simply brilliant. Spread it Widely. Student Impact.

Lean 269

Lean New York City New York Customer Development 269

Startup Professionals Musings

JUNE 5, 2017

Owners with the strongest commitment to their solution or cause never give up, and often break through obstacles to success that would kill the rest of us. Implement “lean startup” principles. Investors avoid startups that are in stealth mode, long development cycles, and an inflexible business model.

Technical Review 152

Technical Review Stealth Lean Social Media 152

Steve Blank

MARCH 2, 2013

While the Lean LaunchPad class has been adopted by Universities and the National Science Foundation , the question we get is, “Can students in K-12 handle an experiential entrepreneurship class?” Natasha Chornesky, who ran a publishing business, is the Director of Entrepreneurial Studies. this is what I learned.

Lean 304

Lean SCRUM Ohio Cleveland 304

Startup Professionals Musings

JULY 14, 2014

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

JULY 1, 2017

The problem is that professional investors (angels and venture capitalists) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

Product Development 177

Product Development Cost Developer Product 177

Steve Blank

MARCH 7, 2012

Today, the first half of the Stanford Engineering Lean LaunchPad Class gave their final presentations. It’s hard to believe it’s only been a year since we taught the first 10 teams in the Stanford Lean LaunchPad class. We’ll teach over 175 NSF Innovation Corps teams in the Lean LaunchPad course in 2012. Here are the first five.

Lean 256

Lean Business Model Agile United States 256

Startup Professionals Musings

FEBRUARY 19, 2013

The problem is that professional investors (Angels and Venture Capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Steve Blank

MAY 18, 2020

We’re holding a series of 5-day online classes at Stanford where teams will learn how to develop new business models for an economy that’s getting back to work and on the road to recovery. The Covid-19 virus has upended traditional ways of doing business, travel, education, entertainment, healthcare, etc. Sign up at [link].

Lean 436

Lean Business Model Affiliate Incubator 436

Startup Professionals Musings

JANUARY 12, 2018

According to a recent Motly Fool report, the challenge is very real, since around half of all businesses fail in the first five years. 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.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Up and Running

JANUARY 24, 2019

Before you can start a company, you need a business idea. Unless you have invented something revolutionary, stick with a business model that involves something you are passionate about and do it better than anyone else. Would I regret it for the rest of my life? Write a Lean Business Plan.

Lean 93

Lean Balance Sheet Bankruptcy Business Model 93

Steve Blank

AUGUST 4, 2016

State Department and asks students to use Lean Methods to test their understanding of the problem and deliver rapid-fire innovative solutions to pressing diplomacy, development and foreign policy challenges. The rest of the week is equally busy. Join a select cross-disciplinary class that takes real problems from the U.S.

Lean 160

Lean Government Agile Africa 160

Steve Blank

MARCH 2, 2013

While the Lean LaunchPad class has been adopted by Universities and the National Science Foundation , the question we get is, “Can students in K-12 handle an experiential entrepreneurship class?” Natasha Chornesky, who ran a publishing business, is the Director of Entrepreneurial Studies. Lean LaunchPad Teaching'

Lean 196

Lean SCRUM Ohio Cleveland 196

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

APRIL 7, 2020

The classes are built on the Lean Startup methodology: Customer Discovery, Agile Engineering and the Business/Mission Model Canvas. You build MVP’s to validate the need/problem, then to validate product/market or mission/solution fit and finally the rest of the business/mission model canvas. Be specific.

Customer 413

Customer Business Model Restful Video 413

Steve Blank

NOVEMBER 16, 2009

However the Customer Development Model and the Lean Startup work equally well for startups on the web. Union Square Ventures The next morning I got to spend time with Brad Burnham , partner at Union Square Ventures talking about their investment strategy and insights about web-based businesses. End of theory.&#

Customer Development 219

Customer Development Web Developer Customer 219

Steve Blank

AUGUST 4, 2016

State Department and asks students to use Lean Methods to test their understanding of the problem and deliver rapid-fire innovative solutions to pressing diplomacy, development and foreign policy challenges. The rest of the week is equally busy. Join a select cross-disciplinary class that takes real problems from the U.S.

Lean 120

Lean Government Agile Africa 120

Startup Professionals Musings

JULY 8, 2015

The problem is that professional investors (angels and venture capital) want a proven business model before they invest, ready to scale, rather than the more risky research and development efforts. For the rest of us, the following suggestions will help you survive the valley of death: Accumulate some resources before you start.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 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. Christos Makridis, a Ph.D

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. Christos Makridis, a Ph.D

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Startup Lessons Learned

MARCH 21, 2013

Lean Analytics is the latest addition to the Lean Series. Business growth comes from improving one of these five “knobs”: More stuff means adding products or services, preferably those you know your customers want so you don’t waste time building things they won’t use or buy.

Analytics 167

Analytics Lean Metrics Churn Rate 167

Steve Blank

AUGUST 5, 2010

Consumer Internet investing seems to have split off from traditional Venture Capital, and is creating a new category of VC’s: Lean VC’s. In some Venture Capital firms they may share the same roof and overhead, but no one is confused, they’re in very different businesses.). Here’s why. Electron-based Venture Capital.

Lean 258

Lean Internet Silicon Valley Venture Capital 258

Up and Running

AUGUST 28, 2018

A Lean Business Plan might be a better fit if you simply need to think through all the different aspects of your business. A Lean Plan will be shorter, and it lends itself to quick revisions, but both types follow the same general outline. Position your practice’s business opportunity. Be specific.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72

Steve Blank

JANUARY 21, 2016

You must also understand the value the product provides customers (along with the rest of your business model.). It ultimately failed because she was focused on engineering the product, but didn’t validate the rest of her business model (product/market fit, distribution channel, customer acquisition, etc.).

Detroit 120

Detroit Baltimore Entrepreneur Cofounder 120

Steve Blank

JUNE 4, 2012

As the morning fog burns off the California coast, I am working with Steve Blank, preparing for the Lean LaunchPad Faculty Development Program we are running this August at U.C. The tools and techniques available to small businesses on Main Street are the same ones that were being used for the last 75 years. Serendipity.

Silicon Valley 305

Silicon Valley Lean Utah Customer Development 305

Steve Blank

NOVEMBER 27, 2012

The Lean LaunchPad course online. I teach potential founders a hands-on, experiential class called the Lean LaunchPad at Berkeley, Stanford, Columbia and Caltech. The class teaches the three basic skills all entrepreneurs need to know: business model design. Online Guide to How to Build a Startup: The Lean LaunchPad.

Open Source 335

Open Source Silicon Valley Lean Customer Development 335

Duct Tape Marketing

MARCH 13, 2024

John (00:51): So let's start first, I work with a lot of agency owners and there are challenges with that business model. There are challenges in every business, in every industry. So you have to look at those core things like what is your business? What kind of content does it lean towards? Where's your audience?

Software Review 78

Software Review ChatGPT Technical Review Small Business 78