Remove Business Plan Remove Customer Development Remove SEM Remove Viral
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The Lean LaunchPad – Teaching Entrepreneurship as a Management Science

Steve Blank

Many entrepreneurship courses focus on teaching students “how to write a business plan.” If you’ve read any of my previous posts, you know I believe that: 1) a product is just a part of a startup, but understanding customers, channel, pricing, etc. This class is not about how to write a business plan.

Wiki 315
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Lessons Learned: Don't launch

Startup Lessons Learned

Do some Customer Development instead. Figuring this out takes time, and few entrepreneurs have the patience to wait it out, because the business plan does such a good job of explaining what customers are going to think. The problem is that customers dont read your business plan. Dont scale.