Steve Blank

MARCH 8, 2011

In January, we introduced a new graduate course at Stanford called the " target="_blank">Lean LaunchPad. It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. – not just web-based startups.

Lean 298

Lean Business Model Customer Development Guinea 298

Steve Blank

JUNE 26, 2014

We’ve pivoted our Lean LaunchPad / I-Corps curriculum. We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad is now being taught in over 100 universities. So why change something that worked so well?

Intellectual Property 281

Intellectual Property Lean IP Open Source 281

Startup Lessons Learned

JANUARY 12, 2010

Lessons Learned by Eric Ries Tuesday, January 12, 2010 Amazing lean startup resources A year ago, there was no lean startup movement. I continue to believe that the explosion of interest in the lean startup has very little to do with me. If you are attempting to apply lean startup ideas in your own business - you are not alone.

Lean 146

Lean San Francisco Wiki DC 146

Up and Running

JULY 29, 2019

Finish your business plan. If you haven’t already written a business plan , start now. We recommend using a Lean Planning approach. You need a business plan for a few reasons: To help you estimate how much money you need. Use web search. Create your executive summary or one-page pitch.

Angel Investor 119

Angel Investor Venture Capital Technical Review Software Review 119

Steve Blank

APRIL 4, 2011

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. This week they were testing who the customer, user, payer for the product will be (and discovering if they have a multi-sided business model , one with both buyers and sellers.) cold calls, in-person interviews, and a web survey.

Customer 234

Customer Business Model Nebraska Cloud 234

Up and Running

AUGUST 20, 2018

This article is part of our “ Business Planning Guide “ —a curated list of our articles that will help you with the planning process! What is a business plan? In its simplest form, a business plan is a guide—a roadmap for your business that outlines goals and details how you plan to achieve those goals.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

YoungUpstarts

AUGUST 24, 2015

Espousing that borrowing money and debt are optional, the book proposed that entrepreneurs starting such businesses were more interested in the lifestyle it offered rather than making oodles of cash. 3 One-page business plan. Develop a one-page business plan. Let me cover the salient points of the book.

Technical Review 100

Technical Review Software Review South Carolina Startup 100

Up and Running

AUGUST 24, 2020

As you approach adjustments to your business, one good rule of thumb is to focus on reevaluating, improving, and rethinking your core business model. Revisit your business plan , forecasts, and company goals. Start with solutions that give you greater clarity into the health of your business. Invest in analytics.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Steve Blank

DECEMBER 7, 2010

Many entrepreneurship courses focus on teaching students “how to write a business plan.” are what make it a business, 2) business plans are fine for large companies where there is an existing market, existing product and existing customers. This class is not about how to write a business plan.

Wiki 311

Wiki Lean Management Business Model 311

Steve Blank

MARCH 29, 2010

The key things I want students to take from the class are: Understand that a startup is a temporary organization designed to search for a profitable business model. Learn how to put together a business model , not a business plan. They set up and keep the class web site updated. Class Logistics.

Business Model 226

Business Model Silicon Valley California Engineer 226

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., Stay lean for as long as possible. Be creative, and stay lean. Staying lean early on will help you when you need to scale.”. Collis and Cyan Ta’eed , Founders of Envato. Scale rapidly.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

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.

Customer Development 168

Customer Development Developer San Francisco Customer 168

Up and Running

JUNE 21, 2013

Tracking key performance indicators (KPI’s) for your business, and understanding why they go up or down, can help you make decisions that will grow you business and keep you on track. You need to engage in Lean Planning. Start by networking with local businesses and local business owners.

Small Business 153

Small Business Software Review Lean Advertising 153

Steve Blank

FEBRUARY 9, 2012

Integrates Alexander Osterwalders “Business Model Canvas” as the front-end and “scorecard” for the customer discovery process. Provides separate paths and advice for web/mobile products versus physical products. The Lean LaunchPad Online Class. My online Lean LaunchPad class has created a lot of buzz this week.

Entrepreneur 289

Entrepreneur Lean Business Model Customer Development 289

Up and Running

MARCH 27, 2014

Have you ever heard of the book The Lean Startup by Eric Ries? It’s an incredible guide to rethinking how you develop your business, whether you’re just starting out or launching a new product or into a new market. So the next step was in the SDK connecting the web connector, again, more positive feedback.

Lean 95

Lean Startup Silicon Valley Small Business 95

Up and Running

MAY 31, 2016

“But how can I write a business plan? ” He was one of my favorite students in the class I used to teach on starting a business. You don’t plan to pay your rent and other expenses? How you make money is at the heart of an artist’s business plan. I’m an artist.” I responded.

Business Plan 60

Business Plan Forecast Metrics Oregon 60

The Startup Magazine

MARCH 25, 2020

Here’s everything you must do right at the beginning of your venture to ensure that this is the case: Develop a business plan. If it is to enjoy the best possible start in life, your business needs a plan. Do you want your startup to be a long-term success story? .

Startup 85

Startup Reputation Social Media Finance 85

crowdSPRING Blog

NOVEMBER 30, 2012

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Start With a Business Model, Not a Business Plan | WSJ – [link]. Why We’re Pivoting from Mobile-first to Web-first – [link].

Social Media 100

Social Media Small Business Central African Republic Design 100

The Next Web

DECEMBER 30, 2012

When our users do business with each other, we take a fee as facilitator. We’ve learned through experience that because web apps are becoming cheaper to build, tools will eventually become free if there are other ways to monetize them rather than charging directly for them. – Arjun Arora , ReTargeter.

Business Model 133

Business Model Technical Review Advertising B2C 133

SoCal CTO

NOVEMBER 1, 2010

In my view, the very fact that they feel that the technical development of a web startup is only worth a couple percent speaks volumes. These “startups” are almost always mostly-non-technical founders offering 1-2% premoney for a “lead developer” position. That’s a pretty common experience.

Technical Cofounder 241

Technical Cofounder CTO Hire Equity Sweat Equity 241

crowdSPRING Blog

NOVEMBER 10, 2010

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! Business plans for entrepreneurs: the three ‘Rs’ – Part I – [link]. “ nobody wins if you go out of business&# – On Pricing – [link].

Social Media 92

Social Media Costa Rica Small Business Design 92

Steve Blank

MAY 29, 2019

Lean LaunchPad class developed for Stanford. Steve Blank: When I first starting teaching, the capstone entrepreneurship class was how to write a business plan. But years ago, we had no alternative – how to write a business plan was it. And the Lean LaunchPad class I developed at Stanford was the first such class.

Incubator 331

Incubator Lean Programming Government 331

Startup Lessons Learned

JANUARY 2, 2009

For the rest of us, there is an alternative: to create credibility by building a lean startup. My startup business (web development) is being shunned by virtually every other potential investor I approached thus far. The only folks who invested in me were the ones who barely understood the business plan.

San Francisco 60

San Francisco Tampa Lean Continuous Deployment 60

Steve Blank

NOVEMBER 2, 2009

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Over its lifetime a Lean Startup may spend less money than a traditional startup.

Lean 244

Lean Silicon Valley Startup RSS 244

Steve Blank

DECEMBER 7, 2009

No business plan survives first contact with customers The real value is finding the product/market fit. My company is in the contract automation business so we have made our NDA available for free on our demo page so people can use it for free if they think it works for them. That’s not found in a set of slides.

Silicon Valley 225

Silicon Valley Non-disclosure Agreement NDA Startup 225

Startup Lessons Learned

JUNE 5, 2009

Certainly venture-backed startups don’t have this luxury – every business plan has a model in it. This model of joint accountability is at the heart of the lean startup, and is just as applicable to venture-backed, bootstrapped, and enterprise startups. The Lean Startup Intensive is tomorrow at Web 2.0.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

crowdSPRING Blog

MAY 10, 2013

These posts and videos are about logo design , web design , startups, entrepreneurship, small business, leadership, social media, marketing, and more! It’s difficult to fake corporate culture | Business Insider – [link]. The critical metrics for each stage of your SaaS business | by Lars Lofrgren – [link].

Social Media 93

Social Media Small Business Design Media 93

The Next Web

DECEMBER 4, 2013

As a startup, you’re working with limited resources and a lean business model. A steep discount may not fit with your business plan and current financial state, but make sure you find some way to compensate your initial believers. Your business’ success depends on a similar feedback loop. Always remember.

Social Media 158

Social Media Media Viral Startup 158

Up and Running

DECEMBER 26, 2018

Bruce Carr, left, of Web Ninja. Are you ready to start your business this year? Sometimes it can help to hear from small business founders who were able to breathe life into their business idea and make it go. Here’s a little insight into what helped them take their businesses from an idea on a napkin to a reality.

Small Business 112

Small Business Founder Metrics Forecast 112

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. Now you can build an app at true web scale without incurring any software costs, or any fixed hardware costs. The Lean Startup Intensive is tomorrow at Web 2.0.

San Francisco 68

San Francisco Technology Lean Continuous Deployment 68

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.”.

Audience 139

Audience Social Media Email Ruby 139

Steve Blank

JULY 28, 2011

From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory – income statements, balance sheets, business plans, revenue models, 5-year forecasts, etc. And Stanford’s Lean LaunchPad class could do just that. See the NSF web page here.

Engineer 278

Engineer Silicon Valley United States Intellectual Property 278

Up and Running

DECEMBER 6, 2012

Today, I want to introduce you to a new concept for starting and growing successful companies: Lean Planning™. Before I dive too deeply into the Lean Planning methodology, it makes sense to talk about its history and where it comes from. It starts with “Plan-As-You-Go” instead of detailed, formal business plans.

Lean 147

Lean Silicon Valley Forecast Technical Review 147

Up and Running

MARCH 18, 2010

Without going into detail here, our deal terms lean towards companies that will be getting a larger investment from professional venture capital within a year or so. This is all about a business that can grow fast. Normally that means product or productized service (like a web app) that can scale. Likelihood of exit.

Technical Review 60

Technical Review Oregon Venture Capital Software Review 60

Steve Blank

MARCH 18, 2011

Lean Startups/Back to Basics (2000-2010): No IPO’s, limited VC cash, lack of confidence and funding fuels “lean startup” era with limited M&A and even less IPO activity. The Business Plan (Concept- Alpha-Beta - FCS ) became the playbook for startups. 2001 – 2010: Back to Basics: The Lean Startup.

Internet 334

Internet IPO Silicon Valley Agile 334

Startup Professionals Musings

JULY 16, 2012

If you are new to the entrepreneurial world of startups, you are likely confused by the terminology of seed-stage, lean startups, micro-VCs, and Super Angels. For angel investors, early-stage means there is a good business plan and maybe a prototype, but no customer revenue. Lean startup.

Early Stage 253

Early Stage Finance Seed Stage Entrepreneur 253

Up and Running

MARCH 30, 2015

Here’s how I sort through these different terms, in the context of angel investment, business planning, and business plan competitions. The business pitch. When I say pitch or business pitch I mean the short presentation startup founders make for angel investors or venture capitalists.

Elevator Pitch 60

Elevator Pitch Lean Oregon Angel Groups 60