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Blowing up the Business Plan at U.C. Berkeley Haas Business School

Steve Blank

The disadvantage is that its methodology was based on the old waterfall model of product development and not the agile and lean methods that startups use today. It taught lean theory ( business model design , customer development and agile engineering) and practice. The Business Plan is Dead. Clearly, lean works globally.

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Born Global or Die Local – Building a Regional Startup Playbook

Steve Blank

China, Russia, Brazil, India, Indonesia all meet those criteria. For example, one of the critical business model hypotheses they could test locally is Product/Market fit – the connection between their Value Proposition (what product or service they were building) and the Customer Segment (who they were building it for.).

Global 335
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Why Internal Ventures are Different from External Startups

Steve Blank

innovating new products and services within an already scaled business model), the processes that companies have optimized for execution inevitably interfere with the search processes needed to discover a new business model. Worse, the potential new product might give customers a reason to delay the purchase of today’s products).

Startup 330
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The Secret History of Silicon Valley Part VII: We Fought a War You.

Steve Blank

To give our leadership an estimate of the Soviet’s nuclear production capacity, the CIA also had to estimate how many nuclear weapons could the Soviet Union make. Where were their production facilities? The military needed to answer these same questions about the nuclear armed missiles the Soviets were putting on their submarine force.

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Founders and dysfunctional families « Steve Blank

Steve Blank

Next, you have to deal with the daily crisis of product development and acquiring early customers. And here’s where life gets really interesting, as the reality of product development and customer input collide, the facts change so rapidly that the original well-thought-out business plan becomes irrelevant.

Founder 310
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No Business Plan Survives First Contact With A Customer – The 5.2 billion dollar mistake.

Steve Blank

First, the company bought a fleet of 15 rockets from Russia, the U.S. When it was spun out as a a separate company, Iridium’s 1990 business plan had assumptions about potential customers, their problems and the product needed to solve that problem. No Business Plan survives first contact with a customer. Lessons Learned.

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The Fatal Flaw of the Three Horizons Model and How To Fix It

Steve Blank

While traditional analysis suggests that Horizon 3 disruptive innovations take years to develop, in today’s world this is no longer the case. Horizon 3 ideas – disruption – can be delivered as fast as ideas for Horizon 1 – existing products. Speed of deployment of a disruptive/asymmetric product is a force multiplier.

China 301