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

OCTOBER 11, 2018

As we put the final touches on Lean Startup Conference 2018 , I wanted to take a moment to share more about some of the panels, workshops, and events. The Mastering Customer Discovery workshop will be a forum for practicing and refining customer interview techniques, finding good candidates, and turning what you learn into action.

Lean 103

Lean Las Vegas Cofounder Startup 103

The Startup Magazine

JUNE 1, 2023

As an early-stage company that just closed our seed round at $8.1 million at the end of last year, we’re laser-focused on fast growth without sacrificing customer experience. So what does an early-stage company do to avoid the doom and gloom plaguing the world of startups? That includes us.

Early Stage 112

Early Stage Los Angeles Silicon Valley Cofounder 112

Startup Professionals Musings

JUNE 30, 2019

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. Set expectations accordingly.

Intellectual Property 219

Intellectual Property Technical Review Startup Incubator 219

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. The good news is that he is all about helping early-stage startups. Early-stage startup. Every startup is early-stage to someone.

Early Stage 253

Early Stage Finance Seed Stage Entrepreneur 253

NZ Entrepreneur

JUNE 19, 2023

Douché, herself an experienced business founder and startup mentor before joining Callaghan Innovation, shed light on the educational challenges faced by early stage entrepreneurs.

New Zealand 98

New Zealand Technical Cofounder Early Stage Entrepreneur 98

The Startup Magazine

APRIL 14, 2022

While certain aspects of setting up a startup can be exhilarating, especially in the early stages of the business, there are also plenty of bumps along the road, big and small. It should be unique and memorable so that customers will not forget it easily. The life of an entrepreneur can be exciting and filled with ups and downs.

Startup 144

Startup Early Stage Naming Public Relations 144

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. to get hard-earned information. The First Class.

Lean 298

Lean Business Model Customer Development Guinea 298

Startup Professionals Musings

MAY 1, 2011

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. The good news is that he is all about helping early-stage startups, the hard part for entrepreneurs is figuring out what it takes to play. Early-stage startup.

Early Stage 231

Early Stage Seed Stage Angel Investor Silicon Valley 231

Startup Professionals Musings

JULY 14, 2014

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. Set expectations accordingly.

Entrepreneur 283

Entrepreneur Intellectual Property Technical Review Incubator 283

Startup Professionals Musings

JULY 1, 2017

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. Set expectations accordingly.

Product Development 177

Product Development Cost Developer Product 177

Startup Professionals Musings

FEBRUARY 19, 2013

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. Set expectations accordingly.

Intellectual Property 309

Intellectual Property Technical Review Venture Capital Startup 309

Both Sides of the Table

NOVEMBER 27, 2011

There are very few people in Silicon Valley who have such a precise grasp on what defines success of early-stage startup companies than Eric Ries. Timecodes: 00:00 Welcome, our guest is Eric Ries, founder of the Lean Startup Movement. 01:17 Background, before the Lean Startup. 22:53 Eric’s book: The Lean Startup.

Silicon Valley 301

Silicon Valley Lean Social Media PR 301

Startup Professionals Musings

JANUARY 12, 2018

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. Solicit funds from friends and family.

Intellectual Property 134

Intellectual Property Technical Review Startup Incubator 134

SoCal CTO

MARCH 1, 2010

Startup Killer: the Cost of Customer Acquisition | For Entrepreneurs , February 2, 2010 Looks at the critical equation around customer acquisition cost vs. customer lifetime value similar to what I discussed in Startup Metrics but in more depth. Great stuff. This post looks at the implementation details of HTML 5 video.

Acquisition 150

Acquisition Cofounder Technical Cofounder Cost 150

Steve Blank

SEPTEMBER 7, 2009

Finally, I’ll write about how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agile development. Three to six months after first customer ship, if Sales starts missing its numbers, the board gets concerned.

Customer Development 224

Customer Development Developer Customer Silicon Valley 224

Steve Blank

NOVEMBER 16, 2009

I was in New York last week with my class at Columbia University and several events made me realize that the Customer Development model needs to better describe its fit with web-based businesses. In it, I got asked a question I often hear: “What if we have a web-based business that doesn’t have revenue or paying customers?

Customer Development 219

Customer Development Web Developer Customer 219

Gust

JULY 8, 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. The good news is that he is all about helping early-stage startups. Early-stage startup. Every startup is early-stage to someone.

Early Stage 177

Early Stage Finance Seed Stage Entrepreneur 177

Both Sides of the Table

MARCH 30, 2011

I’m a very big proponent of the “lean startup movement&# as espoused by Steve Blank & Eric Ries. In the initial phases of any new market you’re developing a product (hopefully with a minimal set of features), getting feedback from customers, refining your product based on user feedback and then re-launching your product.

Development Team Review 374

Development Team Review Technical Review Bulgaria Lean 374

Steve Blank

MARCH 3, 2015

It has replaced how to write a business plan with hands-on Lean Startup methods. Over my career as a serial entrepreneur I observed that since the late 1990s, no early-stage Silicon Valley investor had used business plans to screen investments. That has changed in the last few years. Today the U.C. Seeing Is Believing.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

View from Seed

MARCH 11, 2020

This includes things like: Making intros to portfolio companies that are potential customers. In a way, customer intros are always good, so this could also be done earlier in the process. These are people who would vouch for you, but you only want to lean on for a small handful of high priority investors.

Technical Review 279

Technical Review Due Diligence Term Sheet Seed Stage 279

ReadWriteStart

JUNE 1, 2020

The primary source of your funds should be your paying customers, i.e., your business should generate enough revenues and profits to fund the growth and expansion. Any custom manufactured IoT device would require software development as well as hardware customization. Early-stage. Growth and expansion stages.

Startup 150

Startup Entrepreneur Elevator Pitch Seed Stage 150

Startup Lessons Learned

APRIL 14, 2009

Lessons Learned by Eric Ries Tuesday, April 14, 2009 Validated learning about customers Would you rather have $30,000 or $1 million in revenues for your startup? In an early-stage startup especially, revenue is not an important goal in and of itself. The problem stems from selling each customer a custom one-time product.

Customer 167

Customer San Francisco Lean Hockey Stick 167

Steve Blank

JULY 7, 2009

I think customer feedback comes in a very unstructured manner, hence it is difficult to apply an algorithm on it. to make sense of the unstructured feedback received from customers. luck… and as one of Steve Blank’s posts today mentioned, you can’t test hypotheses from within your building. Order Here.

Customer Development 124

Customer Development Developer Silicon Valley Customer 124

View from Seed

OCTOBER 24, 2019

Hopefully, by bringing on strong partners early, you will get great advice and support to minimize your overall dilution down the road. They find weak pre-seed investors or angels who are almost predatory in their early stage pricing and add no value. Experienced founders: Consumer.

Dilution 149

Dilution B2B Burn Rate Early Stage 149

SVPG

OCTOBER 13, 2011

I held off a little on this because he has been working on a book which has just recently been published, called “ The Lean Startup ” and in this article I’d like to discuss the key concepts in the book and provide that mapping. Customer Archetype = Persona. Early Adopters = Earlyvangelists. .

Lean 63

Lean Stealth Portfolio Engineer 63

YoungUpstarts

DECEMBER 7, 2017

These five strategies are proven to work for early-stage companies in a variety of industries — including, perhaps, yours. But it’s not perfect — merely good enough to perform its intended function and delight your first customers in the process. Adequate documentation for Customs clearance. Stay Lean and Low.

Cost 100

Cost Developer Small Business Administration Marketing 100

YoungUpstarts

JUNE 1, 2019

Books such as Steve Blank’s The Startup Owner’s Manual and Eric Ries’s The Lean Startup do a great job of exploring the challenges of the go-to – product phase, and identifying the importance of reaching product/market fit with a Minimum Viable Product (MVP). Minimum Viable Product (MVP).

Cleveland 150

Cleveland Framework Marketing Early Stage 150

Startup Professionals Musings

JULY 8, 2015

The “valley of death” is a common term in the startup world, referring to the difficulty of covering the negative cash flow in the early stages of a startup, before their new product or service is bringing in revenue from real customers. Commit to a major customer. Solicit funds from friends and family.

Entrepreneur 120

Entrepreneur Intellectual Property Technical Review Incubator 120

Steve Blank

MAY 28, 2009

Customer/Market Risk Versus Invention Risk One day I was having lunch with a VC sharing what I learned from my students. Our firm has a portfolio of companies across a broad range of markets and the way we look at it is pretty simple – the deals fall into two types: those with customer/market risk and those with invention risk.”

Vertical 144

Vertical Silicon Valley Marketing Customer 144

Startup Lessons Learned

JULY 30, 2009

Lessons Learned by Eric Ries Thursday, July 30, 2009 Techstars brings The Lean Startup to Boulder Im very excited to announce a pair of events that will kick off a very busy fall speaking tour. The event will include a talk from Eric on The Lean Startup over dinner, followed by moderated table discussion and then final Q&A with Eric.

Lean 68

Lean San Francisco Continuous Deployment DC 68

Steve Blank

NOVEMBER 11, 2013

We’re teaching a Lean LaunchPad class for Life Sciences and Health Care (therapeutics, diagnostics, devices and digital health) at UCSF with a team of veteran venture capitalists. The class has talked to 1,780 customers to date. Part 5: value proposition and customer segments in Life Sciences. million/year.

Distribution 224

Distribution Channel Lean Intellectual Property 224

Steve Blank

MARCH 7, 2012

Today, the first half of the Stanford Engineering Lean LaunchPad Class gave their final presentations. It’s hard to believe it’s only been a year since we taught the first 10 teams in the Stanford Lean LaunchPad class. We’ll teach over 175 NSF Innovation Corps teams in the Lean LaunchPad course in 2012. Here are the first five.

Lean 256

Lean Business Model Agile United States 256

Startup Lessons Learned

JUNE 9, 2009

Lessons Learned by Eric Ries Tuesday, June 9, 2009 The Lean Startup Tokyo edition I had a blast speaking at Startonomics Tokyo , which was organized to foster ties between the startup cultures in Japan and Silicon Valley. benjaminjoffe : early adopters of buggy product are visionary customers, sometimes smarter than founders!

Lean 60

Lean San Francisco Japan Continuous Deployment 60

Startup Lessons Learned

SEPTEMBER 14, 2008

Lessons Learned by Eric Ries Sunday, September 14, 2008 How to listen to customers, and not just the loud people Frequency is more important than talking to the "right" customers, especially early on. Youll know when the person youre talking to is not a potential customer - they just wont understand what youre saying.

San Francisco 131

San Francisco Customer Lean Continuous Deployment 131

Both Sides of the Table

SEPTEMBER 10, 2021

We back very early stage companies and work alongside executive teams as their build their teams, launch their products, announce their companies and raise their first downstream capital rounds. The biggest change for us in early-stage investing is that we now need to commit earlier.

Pre-Money Valuation 471

Pre-Money Valuation Valuation Venture Capital Early Stage 471

Mucker Lab

MAY 28, 2020

These lost startups land higher valuations, have larger teams, outsource more product development and spend more money on customer acquisition than their peers. Sometimes founders misapply lean startup methodology. You can’t force customers to want solutions to problems they don’t have, but you can fix a flawed execution.

Startup 78

Startup Cofounder Burn Rate Technical Review 78