article thumbnail

“Speed and Tempo” – Fearless Decision Making for Startups « Steve.

Steve Blank

Customer Development ) to help you quickly recognize and reverse any incorrect decisions. Customer Development) to help you quickly recognize and reverse any incorrect decisions.&# My advice was to start a policy of making reversible decisions before anyone left his office or before a meeting ended.

article thumbnail

Touching the Hot Stove – Experiential versus Theoretical Learning.

Steve Blank

Customer Development/Lean Startups In hindsight startups and the venture capital community left out the most important first step any startup ought to be doing – hypothesis testing in front of customers- from day one. It’s what my textbook on Customer Development describes. I was an idiot. Berkeley and at Stanford.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Lessons Learned: The engineering manager's lament

Startup Lessons Learned

For many projects, customer approval and sign off was required as well. Most of the other processs changes - mandatory design reviews (prelimninary, critical, etc), - documenting all our procedures, and so on - were to support those two factors. Second was not changing the requirements without full sign-off.

article thumbnail

Lies Entrepreneurs Tell Themselves « Steve Blank

Steve Blank

Filed under: Customer Development , Family/Career , Technology | Tagged: Steve Blank , Entrepreneurs , Tips for Startups « Am I a Founder? The other thing it helps clarify is that even at work, it’s the relationships that matter most (collegues, customers, partners, etc). The Adventure of a Lifetime.

article thumbnail

Startups in stealth mode need one piece of advice - Discussion

news.ycombinator.com

He chose to build an engine with the entire eight cylinders cast in one block, and instructed his engineers to produce a design for the engine. The design was put on paper, but the engineers agreed, every one of them, that it was simply impossible to cast an eight-cylinder gas engine block in one piece.

Stealth 41
article thumbnail

11 Excellent Free Online Courses for Entrepreneurs

Up and Running

In his recent Reddit AMA, visionary and serial entrepreneur Elon Musk wrote: “It is important to view knowledge as sort of a semantic tree—make sure you understand the fundamental principles, i.e., the trunk and big branches, before you get into the leaves/details or there is nothing for them to hang on to.”.