Steve Blank

SEPTEMBER 23, 2014

It happened recently when a group of educators came to the ranch to learn how to teach Lean entrepreneurship to K-12 students. Over the last few years it’s become clear that the days of teaching “how to write a business plan” as the cornerstone of university entrepreneurship are over. On Fire With A Vision.

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Lean Cleveland Balance Sheet Ohio 284

The Next Web

SEPTEMBER 22, 2013

While you are working away on your business plan, looking for ways to raise capital, finding the right people to hire, etc., What’s more it also required a large team of smart engineers that had experience in programming cross-platform software. Stay lean for as long as possible. Be creative, and stay lean.

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Cofounder Founder Startup Bootstrapping 164

Up and Running

APRIL 2, 2015

One of the first things overly-optimistic entrepreneurs discover as they look for funding is that banks don’t fund business plans. So your business has to have hard assets it can pledge to back up a business loan. Business plan. See Also Introducing Lean Planning: How to Plan Less and Grow Faster.

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Balance Sheet SBA Covenant Technical Review 60

Startup Lessons Learned

JUNE 5, 2009

Certainly venture-backed startups don’t have this luxury – every business plan has a model in it. In a startup context, numbers like gross revenue are actually vanity metrics, not actionable metrics. If you haven't already, you should check out Discovery Driven Planning.

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San Francisco Lean Continuous Deployment Startup 102

Startup Lessons Learned

NOVEMBER 8, 2008

This theory has become so influential that I have called it one of the three pillars of the lean startup - every bit as important as the changes in technology or the advent of agile development. Most likely, your business plan is loaded with opinions and guesses, sprinkled with a dash of vision and hope. Expo SF (May.

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Customer Development Developer San Francisco Customer 168

ConversionXL

AUGUST 11, 2021

Lean on your professional networks too. This is basically a business plan—and snapshot of the benefits of your property [assets]. It contains the story of your property, mission statement, sponsor benefits, demographics, marketing plan, goals, media opportunities, advisory board, and the sponsor fees.”.

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Audience Social Media Email Ruby 139

Startup Lessons Learned

JANUARY 2, 2009

For the rest of us, there is an alternative: to create credibility by building a lean startup. The core of the article is my first attempt to articulate the key metrics (in graph form) that I believe demonstrate customer value. The only folks who invested in me were the ones who barely understood the business plan.

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Up and Running

DECEMBER 26, 2018

For Allison, Good Elephant ’s potential to be a profitable, sustainable business started with exploring different business models , and testing out new ideas as the business grows. Using data and metrics to make nimble business decisions. Regular business plan reviews increase your transparency.

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Small Business Founder Metrics Forecast 112

Up and Running

APRIL 23, 2019

Invest the time in a solid business plan. Writing a business plan —even a Lean Business Plan that’s short and easy to update—will help. It’s proven that companies that do business planning grow 30% faster. Create accountability through metrics.

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Metrics Balance Sheet Business Plan .Net 88

Up and Running

APRIL 4, 2022

Analyze what you need to run your business, and what the gaps are in your own abilities. Then, all you need is an internet connection to start searching for small business resources. You can also use free trials for paid business tools. You can create a website for your product/service and check website metrics.

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Social Media SBA Media Metrics 156

Startup Lessons Learned

SEPTEMBER 8, 2008

Some combination of the dot-com crash and a just terrible business plan prevented us from having to take our scalability problems to the next level. The Lean Startup Intensive is tomorrow at Web 2.0. for Harvard Business Revie. Amazing lean startup resources Is Entrepreneurship a Management Science? Expo SF (May.

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San Francisco Technology Continuous Deployment Lean 68

Steve Blank

MAY 3, 2011

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. Their initial customer segment were upwardly mobile professionals with $2-10K discretionary purchases/year (excluding travel,) and their revenue model was affiliate program fees. Where is the best place for your business?

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South Dakota Business Model Lean United States 217

Up and Running

DECEMBER 17, 2020

And one question that many startups overlook at the early stages of formulating their business plans: do you have a well-reasoned, effective, and budget-savvy marketing plan? Marketing Is a distinct business function. Most digital marketing programs include both inbound and outbound marketing tactics.

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Marketing Technical Review SEO Hosting 142

Startup Lessons Learned

SEPTEMBER 3, 2009

Ali G meets with business leaders and investors on Wall Street to learn how to create a new company around a new product idea. After some general lessons, he then proposes his first product idea, complete with flip charts, business plan, and marketing plan. The Lean Startup Intensive is tomorrow at Web 2.0.

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San Francisco DC Continuous Deployment Lean 104

Startup Lessons Learned

OCTOBER 19, 2009

This article is part of a trend that has taken me a bit by surprise: the adoption of lean startup techniques outside the traditional domain of high-tech startups. The Inc story, and many others, does a good job emphasizing its lean-ness. The Inc story, and many others, does a good job emphasizing its lean-ness. Read the rest.

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San Francisco Product Lean Continuous Deployment 137

Campus Entrepreneurship

JANUARY 10, 2012

One of the important questions lurking behind my research is the value of traditional MBA programs and BA programs with concentrations in entrepreneurship when 3 Day Startup, Y Combinator, Acton and others are taking things to a whole new level in terms of focusing on creating firms.

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Startup Lessons Learned

NOVEMBER 5, 2008

Lessons Learned by Eric Ries Wednesday, November 5, 2008 Getting educated about advertising, agencies, and media buyers I see lots of startups whose business plans revolve around selling high-value ad space to brand advertisers. You also need to know what each one cares about, which metrics they look at (or studiously ignore).

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Advertising San Francisco Media Continuous Deployment 60

Startup Lessons Learned

SEPTEMBER 27, 2010

Lean manufacturing , agile software development , and Theory of Constraints are all examples of this idea in action. No vanity metrics should be looked at. I won’t apologize for this aspect of the Lean Startup methodology. No vanity metrics should be looked at. However, a commitment to quality alone is not enough.

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San Francisco Lean Continuous Deployment Software Review 167

Startup Lessons Learned

MARCH 13, 2009

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. Know what the success metrics are for the launch. Expo SF (May.

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San Francisco PR Lean Early Stage 168

Startup Lessons Learned

JANUARY 10, 2011

We still have some collective scar tissue: the idea conjures up the hordes of dot-com hopefuls that descended on VC’s and angel investors with little more than a business plan. One tweet read, “well, if HBS is investing in the lean startup we know it has jumped the shark.” Even worse, this breeds tremendous mistrust.

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Silicon Valley San Francisco Lean Investment Bankers 167

Campus Entrepreneurship

OCTOBER 6, 2011

I introduced Eric Ries’ Lean Start-up ideas to my undergraduate entrepreneurship students on Monday night. We completed an exercise taking their ‘big’ ideas for their class business plans and come up with 3 Minimum Viable Products in less than 3 weeks and for less than $5,000.

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Startup Lessons Learned

OCTOBER 6, 2008

Lessons Learned by Eric Ries Monday, October 6, 2008 When NOT to listen to your users; when NOT to rely on split-tests There are three legs to the lean startup concept: agile product development , low-cost (fast to market) platforms , and rapid-iteration customer development. The Lean Startup Intensive is tomorrow at Web 2.0.

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San Francisco Lean Continuous Deployment Agile 128

Startup Lessons Learned

DECEMBER 14, 2009

A business that strives for something like this should absolutely be charging money from day one, in order to establish baselines for their two key metrics: CPA (the cost to acquire a new customer) and LTV (the lifetime value of each acquired customer). These concepts have important implications for any lean startup.

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Customer San Francisco Viral Lean 156

Steve Blank

MARCH 26, 2019

We just finished the 8 th annual Lean LaunchPad class at Stanford. It’s hard to imagine, but only a decade ago, the capstone entrepreneurship class in most universities was how to write – or pitch- a business plan. In my experience, I saw that most business plans don’t survive first contact with customers.

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Up and Running

MAY 15, 2019

But, the good news is, if all those people could start a brewery, then you can too—as long as you know what you’re getting into and have a solid business plan for your brewery. The Hughes brothers developed a solid business plan and built a core team to bring their vision to reality. Review your business plan regularly.

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Oregon Jordan Software Review Distribution 24

Reid Hoffman

MARCH 2, 2021

So the norms that we have were a combination of bottoms-up and then some top-down leaning. Now, obviously we have diversity as far as race, et cetera ago, but I treated those areas of the business just like we treat other areas of the business, which is we set targets. We measure, we have programs against diversity inclusion.

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Iran Technical Review Non-Compete Lean 39

maplebutter.com

JANUARY 8, 2013

Written By Dan Martell on February 2nd, 2012 | Category: Hiring LeanStartup Marketing Metrics Startup Life | 6 Comments. How to stay lean and iterate quickly while you’re building a two sided marketplace, especially when “network effect” and “critical mass” are the two main focuses? Why do I do it?

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Technical Review Startup Cofounder Software Review 44

Up and Running

MARCH 11, 2015

She is regularly invited to participate as a judge for business plan competitions, as well as speak on topics including entrepreneurship, angel investing, social media, and authentic self promotion. Needless to say, the webinar was absolutely packed with great tips on what it takes to pitch your business so that investors take notice.

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Technical Review Software Review Due Diligence Exit Strategy 60

blog.expensify.com

APRIL 24, 2012

But it will definitely raise questions during the phone screen, for reasons that are best explained by simile: Programming with.NET is like cooking in a McDonalds kitchen. My example: I have mainly programmed _by choice_ in Python, Ruby, Scala, Haskell, C# and currently I’m doing Java. It’s so blinded, it’s shocking.

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Java PHP Software Review Coder 107

Startup Lessons Learned

FEBRUARY 12, 2009

Its as if every customer, whether they are an enterprise, a small business, or an individual consumer, is actually an employer who wants to get things done. So imagine youre applying for a programming job. One can see how it ripples through the entire business plan. The Lean Startup Intensive is tomorrow at Web 2.0.

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San Francisco Continuous Deployment Ruby Lean 89

steveblank.com

JULY 8, 2011

automatic links to generated images Rietveld - asynchronous code reviews on changesets Tech*if*er0*urs – blog on roadmap for learning rails Best free programming books Project Management Basecamp - web-based project management and collaboration tool. WebSequenceDiagrams - sketch sequence diagrams. I’ll add more as time goes on.

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Software Review Startup Silicon Valley Analytics 110

www.vccafe.com

MARCH 11, 2013

Lean Methodology Sources. Steve Blank on Lean Customer Development. Part 3- Lean Cust. Steve Blank’s Lean Startup Resources. Small Business tools list. Lean Startup Circle â?? Startup Metrics for Pirates â?? SaaS Metrics Tutorial â?? Lean project management. Codeacademy.

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Software Review Technical Review Startup 53