Steve Blank

OCTOBER 31, 2016

The cross-disciplinary class brings students from widely divergent backgrounds together in teams of three to five, each aiming to tackle a gnarly international problem vexing Foggy Bottom in just 10 weeks by applying Lean LaunchPad methodology. Guiding, drilling and grilling these teams are Jeremy Weinstein , former deputy to the U.S.

Lean 273

Lean Saudi Arabia Austria Silicon Valley 273

Steve Blank

JUNE 26, 2015

—– Lean Innovation Management. In the last five years “ Lean Startup ” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. The result will be: a new, Lean version of the Three Horizons of Innovation. Here’s how.

Lean 120

Lean Management Business Model Incubator 120

Startup Lessons Learned

APRIL 29, 2013

This post was written by Sarah Milstein, co-host of The Lean Startup Conference. We’re looking for speakers for the 2013 Lean Startup Conference. If you’re a Lean Startup veteran, feel free to skim the beginning, as this is mostly stuff you already know. Not to mention $200,000 in staff time and hard costs.

Lean 165

Lean Technical Review Startup Software Review 165

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. I’m going to start with what’s a lean business plan.

Lean 60

Lean Business Plan Video Software Review 60

Steve Blank

MARCH 8, 2011

In January, we introduced a new graduate course at Stanford called the " target="_blank">Lean LaunchPad. While we were going to teach theory and frameworks, these students were going to get a hands-on experience in how to start a new company. The Lean LaunchPad class was scheduled to meet for three hours once a week.

Lean 298

Lean Business Model Customer Development Guinea 298

Steve Blank

MAY 7, 2019

Lean Methodology consists of three tools designed for entrepreneurs building new ventures: The Business Model Canvas – to write down all the hypotheses about a new business; Customer Development – a process for testing those hypotheses outside the building; Agile Engineering – to rapidly build minimal viable products to test product/market fit.

Lean 333

Lean Marketing Agile Customer Development 333

View from Seed

MARCH 11, 2020

But there is obviously a cost associated with each step of diligence, and this cost is multiplied across all the investors that are doing real work. There is also social capital at stake in certain parts of the process that creates real cost as well. Thoughtful investors should know this and be respectful of that cost.

Technical Review 279

Technical Review Due Diligence Term Sheet Seed Stage 279

Steve Blank

OCTOBER 31, 2016

The cross-disciplinary class brings students from widely divergent backgrounds together in teams of three to five, each aiming to tackle a gnarly international problem vexing Foggy Bottom in just 10 weeks by applying Lean LaunchPad methodology. Guiding, drilling and grilling these teams are Jeremy Weinstein , former deputy to the U.S.

Lean 120

Lean Saudi Arabia Austria Silicon Valley 120

Steve Blank

SEPTEMBER 5, 2013

Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model. Filed under: Customer Development , Lean LaunchPad , Teaching.

Lean 315

Lean Customer Development Sales Cycle Business Model 315

Steve Blank

MAY 6, 2015

I am always surprised when critics complain that the Lean Startup’s Build, Measure, Learn approach is nothing more than “throwing incomplete products out of the building to see if they work.”. It’s time to update Build, Measure, Learn to what we now know is the best way to build Lean startups. Here’s how. Build-Measure-Learn.

Lean 120

Lean Agile Business Model Customer Development 120

Steve Blank

OCTOBER 10, 2017

Now they are starting to use the Lean Innovation process (see here and here ) to turn ideas into solutions. Test if the Lean Innovation process actually accelerates technology adoption and an innovation ecosystem. Lean Innovation is a Process. The Lean Innovation process is a self-regulating, evidence-based innovation pipeline.

Lean 212

Lean SBIR Incubator Curation 212

Both Sides of the Table

SEPTEMBER 28, 2014

Let’s set up a framework. So if your costs are $500,000 per month and you have $350,000 per month in revenue then your net burn (500-350) is equal to $150,000. Gross margin (GM) is the amount of profit you make per sale of your product or service taking into account your total costs of selling that product or service.

Burn Rate 383

Burn Rate Balance Sheet .Net Valuation 383

Startup Professionals Musings

MAY 4, 2016

But for founders who do their homework, the cost of entry is lower and the opportunity is higher than ever. He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map. The cost of social media done well is low. Just make sure you can fill in all the details.

Intellectual Property 120

Intellectual Property Startup Angel Groups Social Media 120

Steve Blank

SEPTEMBER 14, 2017

They accomplished their goal, but at a huge, unanticipated cost: the processes and committees they designed ended up strangling innovation. A canonical Lean Innovation process inside a company or government agency would look something like this: Curation. There’s a much better way. As the head of the U.S. Lessons Learned.

Incubator 312

Incubator Curation Engineer Government 312

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. Therefore, we developed the 8-week Lean LaunchPad class to teach students how to think about all the parts of building a business, not just the product. See all the presentations here.

Lean 120

Lean Incubator Business Model Channel 120

ConversionXL

MARCH 19, 2020

Yet in expansionary periods, successful leaders spent significantly less on [selling, general, and administrative costs] than did their former peers. Greater discipline during boom times offered more flexibility during lean years. A focus on cost cutting—every decision is viewed through a loss-minimization lens. Promotion.

Marketing 121

Marketing Campaign Non-Compete Lean 121

YoungUpstarts

MAY 15, 2013

So it makes sense, that as Sheryl Sandberg points out in the much talked about book, “ Lean In: Women, Work, and the Will to Lead “, “many women are reluctant to make a focused effort to lead in the workplace” My advice? I think the message behind ” Lean In ” is good. Don’t get me wrong.

Lean 145

Lean America Social Media Networking 145

Up and Running

JANUARY 15, 2018

Create a Lean Business Plan. Instead, you can create an alternative to a traditional business plan—a Lean Plan which is easier to adapt throughout the life of your business. Calculate startup costs. Be sure to consider the costs of health insurance, personal liability insurance, and taxes, and software tools that you’ll need.

Web 86

Web Design Software Review Elevator Pitch 86

Startup Lessons Learned

NOVEMBER 14, 2013

Guest post by Lisa Regan, writer for T he Lean Startup Conference. We’ve posted the full program for The Lean Startup Conference , and it includes more than three days of events for Gold pass holders and six days of events for VIP pass holders. On the evening of December 8, Ignite Lean Startup kicks off the conference.

Continuous Deployment 162

Continuous Deployment Norway Lean Analytics 162

Steve Blank

NOVEMBER 21, 2016

Hacking for Diplomacy takes the Lean Startup methodology and applies it to problems sourced from the State Department. Each team continues to capture its work on a Mission Model Canvas – a modified version of the Business Model Canvas that’s at the heart of the Lean Startup methodology. each while Sharpie markers run $0.375 apiece.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

NOVEMBER 21, 2016

Hacking for Diplomacy takes the Lean Startup methodology and applies it to problems sourced from the State Department. Each team continues to capture its work on a Mission Model Canvas – a modified version of the Business Model Canvas that’s at the heart of the Lean Startup methodology. each while Sharpie markers run $0.375 apiece.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Up and Running

JANUARY 23, 2019

While areas such as Las Vegas, San Francisco, and New York bring in the most tourists a year, know that high-mileage areas are already saturated with hotels and come with a more expensive up-front cost. You can download a free Lean Plan template to help you get started. Write a business plan.

Software Review 83

Software Review Las Vegas Technical Review Artificial Inteligence 83

ConversionXL

SEPTEMBER 18, 2019

The two options aren’t mutually exclusive: If you hire an agency, you can lean on them to help you build and run (or speed up) an in-house CRO program. What is your budget for CRO services plus the costs to run tests? Ask agencies about their process, costs, and structure. What framework does a CRO agency candidate use?

Hiring 94

Hiring Analytics Framework Non-disclosure Agreement 94

Startup Lessons Learned

NOVEMBER 1, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference. Lean Startup techniques have been taking off in the social-mission sector, helping people solve problems more effectively, and earning the name Lean Impact. We asked Christie to give a sense of how she sees the relationship between Lean Impact and Lean Startup.

Lean 167

Lean San Francisco Metrics Angel Investor 167

Steve Blank

MAY 10, 2011

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. Building a product is a critical part of a startup, but just implementing build, measure, learn without a framework to understand customers, channel, pricing, etc. The Lean LaunchPad was designed to fill that void.

Lean 279

Lean Business Model Agile Customer Development 279

Startup Lessons Learned

JANUARY 12, 2009

At the cost of a little extra indirection, you can organize your code around a series of long-lived objects, each of whom communicates with the other objects in simple, easy-to-understand ways. PHP can do what no other language or framework can (albeit django). Yes, Python developers DO tend to cost more.

PHP 166

PHP Software Review Ruby San Francisco 166

Steve Blank

MAY 30, 2016

And they’re getting a handle on what it costs to build a company to deliver it. Using the Lean LaunchPad methodology our teams do much more than just build a product or understand customer problems/needs. The teams capture their work in the mission model canvas a framework for each week’s activities. Team Dynamics.

Silicon Valley 120

Silicon Valley San Diego Technical Review Incubator 120

Seeing Both Sides

SEPTEMBER 19, 2010

The post is a great one, and it raises something I've been thinking a bit about lately, which is whether the lean start-up approach to building start-ups can be applied to industries beyond Internet/software. The case studies will go beyond Internet/software start-ups in exploring how other sectors can apply lean start-up theory.

Venture Capital 37

Venture Capital Lean Technical Review Software Review 37

ConversionXL

FEBRUARY 3, 2022

Growth marketing borrows a concept from the lean startup methodology. Growth hacking is a term that emerged from the Silicon Valley tech community and the lean startup methodology. How can you reduce the cost of testing and optimization? The post Growth Marketing: The Skills and Frameworks You Need appeared first on CXL.

Framework 102

Framework Marketing Acquisition Retention 102

Steve Blank

NOVEMBER 4, 2021

Lean Methodology consists of three tools designed for entrepreneurs building new ventures: The Business Model Canvas – to write down all the hypotheses about a new business; Customer Development – a process for testing those hypotheses outside the building; Agile Engineering – to rapidly build minimal viable products to test product/market fit.

Customer 420

Customer Marketing Lean Vertical 420

Up and Running

JANUARY 25, 2018

Start with figuring out everything you need to acquire to get started and what it will cost. However, it is important to set your budget at a level for which you have cleared sources of funding , so you do not end up in a situation where you are unable to cover your costs.

eCommerce 96

eCommerce Business Plan Audience Lean 96

Startup Lessons Learned

MARCH 21, 2013

Lean Analytics is the latest addition to the Lean Series. On the other hand, in an industry with relatively low switching costs, churn will be substantially higher. For intrapreneurs, this means applying Lean methods to new product development, rather than starting an entirely new company. to 3% a month.

Analytics 167

Analytics Lean Metrics Churn Rate 167

Steve Blank

APRIL 20, 2021

And Jennifer is now my co-instructor in the Stanford Lean LaunchPad class.). Over the last two decades Shawn has seen hundreds of startups use the Lean Methodology. Clayton Christensen’s Jobs to Be Done framework proposes that focusing solely on customer data leads founders on a wild goose chase. The MVP Tree. Chip platforms.

Product 436

Product Viral Channel San Francisco 436

Occam's Razor

FEBRUARY 8, 2021

Bonus Tip: When you present your solution/s to the problem you’ve identified, be sure to explain the framework you used to think of. And, great bosses love frameworks! See some of my favourite frameworks in item #4 in the boss section.)]. I still encourage you to take a leaned-in posture towards investing in yourself.

Employee 132

Employee Non-Compete Framework Analytics 132

Startup Lessons Learned

OCTOBER 5, 2009

Or, if it really was prevented, what was the opportunity cost of choosing to prevent it ahead of time? And in most situations, there is significant cost involved in negotiating over the right estimates to plug in. How much will it cost to solve this problem now? They are usually among the most heated arguments a company has.

San Francisco 133

San Francisco Architecture Lean Continuous Deployment 133

The Next Web

AUGUST 10, 2013

The truth is that with guerilla usability testing, it can be done quickly and with minimal costs. At Tawkon we’ve developed a culture of precisely articulating our goals for every new product and feature we intend to develop, and apply Lean UX as a working process to get a tangible product and test with the market as quickly as possible.”. -

Cofounder 157

Cofounder Guerilla Startup Analytics 157

YoungUpstarts

OCTOBER 9, 2018

The ideal end point for most tech-related business decisions is that technology is seamless and able to be integrated without too much investment and ongoing cost. Decentralised working environments provide the opportunity for businesses to reduce overhead costs on facilities by decreasing daily headcounts. Lean Into It.

Lean 138

Lean Agile Framework Software 138