Steve Blank

OCTOBER 15, 2019

HR processes, legal processes, financial processes, acquisition and contracting processes, security processes, product development and management processes, and types of organizational forms etc. All of these are great strategies and tools that business schools build, and consulting firms help implement. Lessons Learned.

Government 319

Government Technical Review Acquisition Metrics 319

Steve Blank

MAY 6, 2015

Waterfall Development. While it sounds simple , the Build Measure Learn approach to product development is a radical improvement over the traditional Waterfall model used throughout the 20 th century to build and ship products. Waterfall Development was all about execution of the requirements document.

Lean 120

Lean Agile Business Model Customer Development 120

Startup Professionals Musings

APRIL 13, 2015

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Business commercialization.

Product Development 120

Product Development Developer Product Angel Investor 120

Steve Blank

SEPTEMBER 5, 2018

First Movers” didn’t understand customer problems or the product features that solved those problems (what we now call product-market fit). To be fair, in the 20 th century, there really wasn’t a model for how to build startups other than write plan, raise money, and execute – the bubble was this method, on steroids.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. Product Development Diagram 1.

Customer Development 243

Customer Development Developer Customer Silicon Valley 243

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 2, 2023

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Business commercialization.

Angel Investor 256

Angel Investor Early Stage Incubator Government 256

Steve Blank

SEPTEMBER 1, 2021

Try innovating inside a large company where 99% of the company is executing the current business model, while you’re trying to figure out and build what comes next. Do they have better sales, marketing, or product development groups? You think startups are hard? The short answer is no.

Incubator 414

Incubator Lean Agile Business Model 414

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? What matters is proving the viability of the company’s business model, what investors call “traction.&# And what of the product development team?

Customer 167

Customer San Francisco Lean Hockey Stick 167

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 237

Business Model Nebraska Peru Germany 237

Startup Professionals Musings

JANUARY 18, 2021

Angel investors and venture capitalists are looking for startups with real products and a proven business model, ready to scale. Yet I still get too many business plans that clearly are looking for money to do research and development (R&D) on a new and unproven technology. Business commercialization.

Early Stage 412

Early Stage Angel Investor Incubator Government 412

The Startup Magazine

JUNE 17, 2021

Suppose you happen to be the owner of an online business and would like to nurture your entrepreneurial skillset. In that case, it is worth thinking about the many benefits that further online business education has to offer you and your company. Is it Worth it?

Analytics 179

Analytics Technical Review Social Media Software Review 179

View from Seed

DECEMBER 6, 2018

As a seed stage VC, I have a unique privilege of confidentially spending time with a number of entrepreneurs throughout their company formation and initial product development process. independently come to launch very similar products/services. without any knowledge of the other’s activities?—?independently

Seed Stage 120

Seed Stage Startup Cofounder Stealth 120

Hearpreneur

OCTOBER 10, 2023

Beyond that, it acts as your business's guiding roadmap, ensuring you stay aligned with your goals as your operations adapt to evolving circumstances. As a dynamic document, it remains rooted in your business's core objectives while flexibly responding to change. Thanks to Evan Tunis, Florida Healthcare Insurance ! #2-

Business Plan 134

Business Plan Jordan Entrepreneur Florida 134

Steve Blank

APRIL 23, 2018

If you want to understand the future of Tesla and Elon Musk’s role – something many want to do, given the constant stream of headlines about the company — you should start with a bit of automotive history from the 20 th Century. When Sloan became President of General Motors in 1923, it was already a $700 million company (about $10.2

Michigan 285

Michigan Cofounder Stock Forecast 285

Steve Blank

MARCH 3, 2015

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. It taught lean theory ( business model design , customer development and agile engineering) and practice. Where We Are Going From Here.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

YoungUpstarts

MARCH 13, 2012

After 54 hours of intense product development and business pitching at Startup Weekend Singapore over the weekend, Team Snapsell – which developed a mobile application which allows users to sell stuff on a mobile-first marketplace – beat over 40 other ideas to emerge victorious as grand winner of the event.

Singapore 194

Singapore Mobile Startup Application Development 194

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Only one-third make it past their tenth anniversary.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

Startup Professionals Musings

JULY 31, 2021

Most business managers preach that the key to success is holding employees accountable for actions, but I have found that successful entrepreneurs are all about holding themselves accountable. Business people at this level recognize the magnitude of the workload and the specific tasks required for success.

Leadership 410

Leadership Employee Metrics Restful 410

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 259

San Jose Technical Review Customer Development Software Review 259

Hearpreneur

APRIL 13, 2022

Moreover, I like inspiring myself with interesting online business models and Wikipedia is a great example of a user-generated content-based website. It led the way to a new kind of business model and changed the game. And he is not afraid to take bold bets on new technologies and business models.

Artificial Inteligence 77

Artificial Inteligence Entrepreneur Technical Review Software Review 77

Gust

APRIL 27, 2014

Here are eight key business tasks that relate to almost every startup, generally prioritized by criticality. Think about the implications of each to your own business, and the potential impact of getting them done incorrectly, or forgetting to do them entirely: Manage your financials and physical assets.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

YoungUpstarts

AUGUST 30, 2011

This time they have announced findings that, while unlikely to surprise, provide more solid data about failure rates of startups. According to Blackbox about 90% of all startups fail, and the most common reason for failure is premature scaling. You can find out more about the Startup Genome Compass here.

Silicon Valley 189

Silicon Valley Software Review Startup Cofounder 189

Startup Professionals Musings

APRIL 3, 2016

Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. Dreamers come up with ideas, and do-ers come up with businesses.

Intellectual Property 120

Intellectual Property Startup Angel Investor Viral 120

The Startup Magazine

FEBRUARY 14, 2024

This means keeping up with the latest digital trends and also integrating these technologies into your business model. Stay informed about technological advancements and think creatively about how they can be applied to your business. It involves iterative development, continuous feedback, and adaptive planning.

Entrepreneur 88

Entrepreneur Social Media Agile Security 88

YoungUpstarts

MAY 18, 2017

However, when it comes to MLM product development, marketing ideas and compensation plan strategy, being a creative copycat could be a legal and ethical shortcut to achieving your business goals for your new MLM, party plan or direct selling company. The same goes for new MLM product development.

Marketing 113

Marketing Seattle Operations California 113

Startup Professionals Musings

OCTOBER 19, 2015

If you consider yourself a technologist, you probably believe and may be propagating one of the following myths: The first priority for funding should be to develop the technology. Outside investors are most interested in scaling a proven business model, not research and development.

Technical Review 120

Technical Review Intellectual Property Cofounder Bootstrapping 120

Startup Professionals Musings

MAY 1, 2015

Most business managers preach that the key to success is holding employees accountable for actions, but I have found that successful entrepreneurs are all about holding themselves accountable. Business people at this level recognize the magnitude of the workload and the specific tasks required for success.

Leadership 120

Leadership Employee Metrics Restful 120

YoungUpstarts

SEPTEMBER 12, 2012

You take that money and invest a good portion of it in traditional sales and marketing efforts — including product developers, creative people, and salespeople, all of whom are paid to figure out what buyers want and to say good things about your company — in a quest to get even more customers. their peers).

Customer 168

Customer Social Media Retention Canada 168

Steve Blank

MARCH 16, 2016

But startups require money upfront for product development and later to scale. For the first few years, your VCs want you to keep your head down, build the product, find product/market fit and ship to get to some inflection point (revenue, users, etc.). Get your company talked about in the blogs and newsletters they read.

Liquidity Event 120

Liquidity Event Founder Liquidation Preference Venture Capital 120

Startup Professionals Musings

APRIL 1, 2015

Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base. Even non-profits need a profitable business model to offset staff and operating costs. Assume passion level defines business opportunity. Dreamers come up with ideas, and do-ers come up with businesses.

Intellectual Property 120

Intellectual Property Angel Investor Viral Distribution 120

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. Expo SF (May.

San Francisco 167

San Francisco CPA SEM CTO Hire 167

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 331

Continuous Deployment Customer Agile Cloud 331

ConversionXL

SEPTEMBER 6, 2013

Steve Blank, a serial entrepreneur in Silicon Valley, developed a methodology for creating businesses that runs in parallel with the traditional product development process. The core idea behind customer development is that the assumptions you make about a target market are only guesses. image source.

Customer Development 126

Customer Development Conversion Developer Customer 126

Steve Blank

MARCH 4, 2014

There’s been lots written about how companies need to be more innovative, but very little on what stops them from doing so. The Enterprise: Business Model Execution We know that a startup is a temporary organization designed to search for a repeatable and scalable business model. The question is – why?

IRR 335

IRR Startup Business Model Agile 335

Startup Lessons Learned

APRIL 18, 2010

Lessons Learned by Eric Ries Sunday, April 18, 2010 Four myths about the Lean Startup Myth: Lean means cheap. Truth: The Lean Startup method is not about cost, it is about speed. Lean Startups waste less money, because they use a disciplined approach to testing new products and ideas. internet/consumer software companies.

Lean 167

Lean San Francisco Continuous Deployment Startup 167

YoungUpstarts

OCTOBER 10, 2012

If so, the business world is full of specialists who are all too eager to help. Talented product developers. In short, they provide a natural, organic, and deeply reliable way to grow a business. Here are some insights about finding and leveraging Rock Star customers: “Rock Stars” are not who you think they are.

Customer 154

Customer Fractional CTO Canada Technical Review 154