Steve Blank

APRIL 27, 2009

—————- The next piece of the Secret History of Silicon Valley puzzle came together when Tom Byers , Tina Selig and Mark Leslie invited me to teach entrepreneurship in the Stanford Technology Ventures Program ( STVP ) in Stanford’s School of Engineering. Just a quick history refresher.

Silicon Valley 203

Silicon Valley Technical Review Europe Germany 203

YoungUpstarts

APRIL 22, 2012

Many people tend to neglect the execution aspect, and Eric Rie’s “ The Lean Startup ” provides a starting point to this by fleshing out the principles of building a profitable company. While reading the book, my first impression was that the concepts generally seem geared towards technological companies.

Lean 157

Lean Technical Review South America Silicon Valley 157

Both Sides of the Table

SEPTEMBER 22, 2012

“Lean” is great in the early days but if you discover an attractive market opportunity you need to get “fat” really quickly or somebody else will. And the wrong message is frankly strewn all over Silicon Valley. And this is fueled by the VC culture in Silicon Valley. Or pivoted too quickly.

Silicon Valley 390

Silicon Valley Venture Capital Startup Technical Review 390

Steve Blank

AUGUST 17, 2009

Stanford had a Customer Development loop going on inside their own lab. In some cases, branches of the military contracted directly with Stanford which worked with local contractors in Silicon Valley to build these components or systems for the military. The close tie between the two labs was a unique aspect of the Stanford Lab.

Silicon Valley 155

Silicon Valley RSS California Government 155

Steve Blank

AUGUST 31, 2009

The first hint lies in its name; this is a product development model, not a marketing model, not a sales hiring model, not a customer acquisition model, not even a financing model (and we’ll also find that in most cases it’s even a poor model to use to develop a product.) Where Are the Customers? Product Development Diagram 1.

Customer Development 244

Customer Development Developer Customer Silicon Valley 244

Steve Blank

DECEMBER 20, 2011

63 scientists and engineers in 21 teams made 2,000 customer calls in 8 weeks , turning laboratory ideas into formidable startups. 19 of the 21 teams are moving forward in commercializing their technology. We want to make a bet that your Lean Launchpad class can apply the scientific method to market-opportunity identification.

Incubator 307

Incubator Government Silicon Valley Lean 307

Startup Lessons Learned

SEPTEMBER 17, 2013

Guest post by Lisa Regan, writer for The Lean Startup Conference. Entrepreneurs beyond Silicon Valley, including those working abroad, often have to retool Lean Startup methods to apply them in places with very different business cultures. On September 24 in the U.S. Here’s what they had to say.

Silicon Valley 168

Silicon Valley Lean Puerto Rico Japan 168

Steve Blank

JANUARY 21, 2015

I was in New York last week teaching my annual 5-day version of the Lean LaunchPad class at the Columbia Business School. We had 130 students in 30 teams who got out of the classroom and did 2154 customer interviews in 5 days – a remarkable effort for 120 hours. . —— Entrepreneurship at Columbia. Women in New York Startups.

Silicon Valley 120

Silicon Valley New York City New York Venture Capital 120

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 232

Customer Development Developer Customer Silicon Valley 232

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 228

Customer Development Web Developer Customer 228

Steve Blank

JUNE 25, 2009

Twenty eight years ago I was the bright, young, eager product marketing manager called out to the field to support sales by explaining the technical details of Convergent Technologies products to potential customers. These companies would take our computers and put their name on them and resell them to their customers.

Technology 143

Technology Silicon Valley Fractional VPE Part-Time VPE 143

Steve Blank

JUNE 12, 2020

Second, this class – which is built on the idea of interviewing customers/beneficiaries and stakeholders in person – now had to do all their customer discovery via a computer screen. How on earth would customer interviews work via video? At first this seemed to be a fatal stake through the heart of the class.

Oakland 313

Oakland Asia Lean Video 313

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. Steve Blanks 30 years of Silicon Valley startup advice. This is where it becomes an art as it requires skill (entrepreneurial?) Order Here.

Customer Development 128

Customer Development Developer Silicon Valley Customer 128

Steve Blank

MARCH 31, 2015

BMNT , a new Silicon Valley company, is combining the Lean Methods it learned in combat with the technology expertise and speed of startups. The OODA Loop was the Lean Startup philosophy before lean. In peacetime the U.S. military is an immovable and inflexible bureaucracy. In World War II the U.S.

Silicon Valley 120

Silicon Valley Afghanistan Iraq Kuwait 120

Steve Blank

SEPTEMBER 24, 2009

Pattern Recognition One of the great things about being an entrepreneur is that you are constantly running a pattern recognition algorithm against a continual collection of customer and market data. Let’s Fire Our Customers Part of the DNA of great entrepreneurs is a bias towards decisive and immediate action. Get it done, now.

Customer 216

Customer Silicon Valley RSS California 216

Steve Blank

MARCH 3, 2015

Starting in the 1950’s, Stanford’s engineering department became “outward facing” and developed a culture of spinouts and active faculty support and participation in the first wave of Silicon Valley startups. Given its inward focus, Berkeley has always been the neglected sibling in Silicon Valley entrepreneurship.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

Steve Blank

NOVEMBER 18, 2016

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. Early entrants get sold to corporate acquirers at inflated prices for their teams, their technology, and their tools. Producers of the technology shake out or fail.

Artificial Inteligence 323

Artificial Inteligence Lean Exit Strategy Startup 323

Both Sides of the Table

NOVEMBER 5, 2012

You need to segment your audience and find a way to get your highest quality customers over to O&O (owned & operated) inventory where you can get higher CPMs, sell merchandise and capture more customer information. But here’s what Silicon Valley doesn’t get about Hollywood. They have to. Think about.

Silicon Valley 374

Silicon Valley Los Angeles Distribution Java 374

Steve Blank

OCTOBER 19, 2009

While the last post was titled “ You Know You’re Getting Close to Your Customers When They Offer You a Job “, this post should probably be titled, “You Know You’re Getting Close to Your Customers When You Offer Them a Job.&# They knew the technology trendsetters in their fields and got us in front of them.

Engineer 221

Engineer Silicon Valley Part-Time VPE Advisory Board 221

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 162

Vertical Silicon Valley Marketing Customer 162

Steve Blank

JUNE 6, 2016

Innovation outposts in Silicon Valley allow big companies to sense and respond to rapid changes in technology. Srivastava leads Verizon’s innovation outpost (their Silicon Valley R&D center) in Palo Alto focusing on building products and services powered by big data and analytics.

Silicon Valley 120

Silicon Valley Entrepreneur Fractional CTO Analytics 120

Up and Running

MARCH 11, 2020

As transportation becomes more intertwined with technology, there is a shift away from traditional services and towards startups with radical ideas. . Transportation is becoming all about ease, accessibility, and technology. Technology. The “in-vehicle” technology market is expected to grow 6 percent in 2020, to $18.5

Technical Review 97

Technical Review Green Silicon Valley Non-Compete 97

Steve Blank

AUGUST 29, 2016

We tend to associate the government with words like bureaucracy rather than lean innovation. Department of Defense by adopting Lean Methodology inside their agency. To connect to innovation centers outside the agency, their research group has set up “NGA Outpost Valley” (NOV), an innovation outpost in Silicon Valley.

Lean 182

Lean Silicon Valley Government Acquisition 182

Steve Blank

AUGUST 29, 2016

We tend to associate the government with words like bureaucracy rather than lean innovation. Department of Defense by adopting Lean Methodology inside their agency. To connect to innovation centers outside the agency, their research group has set up “NGA Outpost Valley” (NOV), an innovation outpost in Silicon Valley.

Lean 182

Lean Silicon Valley Government Acquisition 182

Steve Blank

DECEMBER 13, 2010

I’ve spent the last week in Santiago, a guest of Professor Cristóbal García at the Catholic University of Chile as part of Stanford’s Engineering Technology Venture Program. Entrepreneurship and innovation in what I call “Chilecon Valley” is being talked about continually here. Teaching in Chile. Valaparaiso houses.

Chile 240

Chile Silicon Valley Lean Agile 240

Steve Blank

DECEMBER 7, 2009

Customer Development We were starting Epiphany, my last company. I was out and about in Silicon Valley doing what I would now call Customer Discovery trying to understand how marketing departments in large corporations worked. He continued: “I’d like to convince my boss so our company can be your first customer.”

Silicon Valley 253

Silicon Valley Non-disclosure Agreement NDA Startup 253

Steve Blank

NOVEMBER 21, 2016

They shared their experiences of how technology has enhanced – and threatens to undermine – diplomatic work. Hacking for Diplomacy takes the Lean Startup methodology and applies it to problems sourced from the State Department. For the deputy secretary, such a dialogue in Silicon Valley is not a matter of charity, but necessity.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

NOVEMBER 21, 2016

They shared their experiences of how technology has enhanced – and threatens to undermine – diplomatic work. Hacking for Diplomacy takes the Lean Startup methodology and applies it to problems sourced from the State Department. For the deputy secretary, such a dialogue in Silicon Valley is not a matter of charity, but necessity.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

MARCH 19, 2009

They sold to a set of customers I knew nothing about. After talking to its resellers and customers I realized that SuperMac was the only company that could be described as “fifth in a group of three.” They had an existing distribution channel and their dealers and customers thought they knew who the company was and what it stood for.

Silicon Valley 165

Silicon Valley Software Review Technical Review RSS 165

Steve Blank

AUGUST 13, 2009

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. and “What did customers think of your prototype?”

Silicon Valley 204

Silicon Valley RSS Technical Review Lean 204

Steve Blank

MARCH 20, 2009

Our first question was, did the total number of customers that had already bought products from our competitors and us represent a saturated market or the tip of the iceberg? Since I was heading a marketing department, not acting as an individual contributor, I needed to teach all of marketing the importance of customer data.

Silicon Valley 147

Silicon Valley Customer RSS Philippines 147

Steve Blank

APRIL 10, 2009

Since every situation is unique, there is no perfect solution to any engineering, customer or competitor problem, and you shouldn’t agonize over trying to find one. An example of a reversible decision could be adding a product feature, a new algorithm in the code, targeting a specific set of customers, etc.

Silicon Valley 307

Silicon Valley RSS Startup Agile 307

Steve Blank

APRIL 6, 2009

Two years out of the Air Force, serendipity (which would be my lifelong form of career planning) found me in Silicon Valley working for my first company: ESL. If you are a practitioner of Customer Development, ESL was doing it before most us were born. By 1961 its customers now included our intelligence agencies.

Silicon Valley 194

Silicon Valley Stealth RSS California 194

Startup Lessons Learned

NOVEMBER 8, 2008

Lessons Learned by Eric Ries Saturday, November 8, 2008 What is customer development? But too often when its time to think about customers, marketing, positioning, or PR, we delegate it to "marketroids" or "suits." Many of us are not accustomed to thinking about markets or customers in a disciplined way.

Customer Development 168

Customer Development Developer San Francisco Customer 168

Steve Blank

OCTOBER 5, 2009

It was the best of times, it was the worst of times Ardent would be my third technology company as a VP of Marketing (Convergent Technologies and MIPS Computers were the other two.) It was my ex boss from Convergent Technologies, “Steve we’ve all just resigned from Convergent and we’re starting a new company.

North Carolina 131

North Carolina Silicon Valley Fractional VPE Part-Time VPE 131

Startup Lessons Learned

NOVEMBER 4, 2008

Lessons Learned by Eric Ries Tuesday, November 4, 2008 Principles of Lean Startups, presentation for Maples Investments Image via Wikipedia Steve Blank and I had the opportunity to create a presentation about lean startups for Maples Investments. Customer development. you get the idea. you get the idea.

Lean 102

Lean San Francisco Agile Continuous Deployment 102

Steve Blank

NOVEMBER 26, 2009

So no post today on entrepreneurship, Secret History of Silicon Valley, Customer Development, Lean Startups, etc. After more customer interviews, we have shifted our market type hypothesis to- entering an existant market. Steve Blanks 30 years of Silicon Valley startup advice. Order Here.

Silicon Valley 152

Silicon Valley Turkey United States RSS 152