Steve Blank

AUGUST 31, 2009

After 20 years of working in startups, I decided to take a step back and look at the product development model I had been following and see why it usually failed to provide useful guidance in activities outside the building – sales, marketing and business development. So what’s wrong the product development model?

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Steve Blank

APRIL 23, 2018

But in 1904, after his first time seeing a car in Flint, Michigan, he was one of the first to see that the future was going to be in a radically new form of transportation powered by internal combustion engines. He also believed that to succeed the company needed to be vertically integrated and bought up 29 parts manufacturers and suppliers.

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Version One Ventures

AUGUST 26, 2016

To dive into more specifics, I’ve found that building out a strong management team should typically follow this progression: 1 st hire: VP Engineering. Even after you hire your VP Sales, founders should stay involved in “experimental” sales, situations in which you sell either new products or into a new vertical.

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Hearpreneur

JANUARY 28, 2022

My wife and I both worked as mechanical engineers, so we wanted a name that paid tribute to our profession. Momentum is a term that is highly related to engineering, as it relates to motion and dynamics. Our company name, Momentum Property Solutions, was heavily influenced by our previous jobs. 9- A merger of two companies.

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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.

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Steve Blank

NOVEMBER 21, 2015

The last quarter of the 19 th century, what Perez calls the Age of Steel and Heavy Engineering, saw the growth of America’s first national corporations in railroads, steel, telegraph, meatpacking, and industrial equipment. and to develop professional managers and management hierarchies to run them.

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Steve Blank

JUNE 8, 2009

In the last three posts, we drew the relationship of market risk and invention risk with vertical markets and pointed out verticals where customer development would be useful. In contrast to simply executing your business plan, the Customer Development process is built on low-cost and continuous learning and iterating.

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Steve Blank

NOVEMBER 2, 2009

Marketing demand creation programs (Search Engine Marketing, Public Relations, Advertising, Lead Generation, Trade Shows, etc.) are all expensive and potentially fatal distractions if done before you have found product/market fit and a repeatable sales model.

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Steve Blank

JUNE 25, 2009

Their engineering teams didn’t have the expertise using off-the-shelf microprocessors (back then “real” computer companies designed their own instruction sets and operating systems.) They couldn’t keep up with the fast product development times that were enabled by using standard microprocessors. Their engineers hated us.

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Steve Blank

FEBRUARY 23, 2009

The same issues arose time and again: big company management styles versus entrepreneurs wanting to shoot from the hip, founders versus professional managers, engineering versus marketing, marketing versus sales, missed schedule issues, sales missing the plan, running out of money, raising new money. Would you mind sharing them?

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Lightspeed Venture Partners

JANUARY 6, 2011

Ed Baker of Friend.ly , a fun way to meet new people, is focused on driving innovation: Encourage more product suggestions from our engineering team. Our engineers often come up with great ideas, and they are the most productive when they work on these ideas. We will measure our traction in three ways: 1.

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Steve Blank

SEPTEMBER 3, 2009

This post describes how the traditional product development model distorts startup sales, marketing and business development. The meaning of alpha test , beta test, and first customer ship are pretty obvious to most engineers. Here’s what the product development diagram looks like from a sales perspective.

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Steve Blank

JULY 30, 2009

Unfortunately most startups learn this by going through the “Fire the first Sales VP&# drill: You start your company with a list of potential customers reading like a “who’s who&# of whatever vertical market you’re in (or the Fortune 1000 list.) Your board nods sagely at your target customer list.

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Steve Blank

AUGUST 27, 2009

This series of posts is a brief explanation of how we’ve evolved from Product Development to Customer Development to the Lean Startup. The Product Development Diagram Emerging early in the twentieth century, this product-centric model described a process that evolved in manufacturing industries.

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Startup Lessons Learned

OCTOBER 5, 2009

Imagine you hear from an engineer that they are worried that a certain payment subsystem is unreliable, and will therefore double-charge some customers. To a lot of smart engineers, that sounds crazy. To a lot of smart engineers, that sounds crazy. In other words, a principled way to combine agility with stability.

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Startup Lessons Learned

JANUARY 4, 2009

In this scheme, all of the data related to a specific feature of a product are stored on the same machines. For example, Friendster was famously vertically partitioned at one time in its growth curve. This type of vertical partitioning sharding scheme wont work in most cases. Key-based partitioning. to store it.

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Austin Startup

FEBRUARY 21, 2020

In addition to entrepreneurship, she has a background in chemical engineering, supply chain management, biomedical engineering research, microbiology research, and new product development for U.S. Prior to Sisu, Yarina founded a medical device non-profit working with rural mobile clinics in India. and Indian companies.

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Up and Running

JULY 26, 2016

1x hacker in charge of product/development. 1x hipster working with both product and growth. Still, it’s become one of our most profitable acquisition channels, and more importantly an excellent way to test new customer verticals and target markets. Apr-15: Head of Marketing (growth team). this drops by $0.30-$0.50

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Steve Blank

SEPTEMBER 17, 2009

This post describes a solution – the Customer Development Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agile development. This post describes such a model.

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www.informationarbitrage.com

FEBRUARY 24, 2010

Selecting value-added angel investors and advisors can also help with the camaraderie issue, as they can provide advice and counsel during the solitary period of hard-core coding and product development. A full-time business partner is definitely not required at this point in the company's life.

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Austin Startup

NOVEMBER 30, 2017

In the earliest stages, these skills relate to what any good founding team should bring to the table — an acumen for business strategy and product development coupled with great engineering. Starting and scaling a company requires execution, and execution requires skills.

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Steve Blank

AUGUST 24, 2009

The quintessential California couple, they stood out in our crowd as the engineer (in his late 20′s, respected by his peers and the customer) had hair down to his shoulders, sharply contrasting with the military crewcuts of the customers and most of the other contractors.

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Startup Lessons Learned

AUGUST 24, 2009

When I reviewed a recent product development book, it immediately shot up to Amazon sales rank 300. My blog has over 14000 subscribers, for example. Is that a lot? I have given more than two-dozen paid speeches this year – is that a lot? Is that good? August 24, 2009 2:17 PM Norbert Mocsnik said.

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steveblank.com

JULY 8, 2011

AgileZen – project management visually see and interact with your work Kanbanery – Simple online team or personal kanban board LeanKit Kanban – Great for visualizing work of product development Kanban Pad – “Nice and lean” and free online Kanban tool Banana Scrum – A tool simple as Scrum itself.

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Austin Startup

MARCH 4, 2018

We’re at a strategic point where our core business is experiencing solid growth and we’re ready to invest in significantly more advanced breathomics sensing and analytics into our roadmap, so we can begin to focus on the specific disease verticals that our data, reach and technology can have the greatest impact for. I attended in 2007.

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Software By Rob

JULY 15, 2011

Search engines account for less than 40% of our overall traffic, but they appear to have a much larger impact on sales. But Analytics tells me that that only 37% of our sales come from search engine traffic. It also appears that the majority of “very disappointed&# respondents operate within one or two related verticals.

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Hippoland

AUGUST 8, 2018

As a result, second time founders very often shy away from ad-based consumer ideas, but when they do, they think about what viral mechanisms you can implement *first* and engineer the product around that mechanism. Product second. Marketing first. Here is a good case study on LinkedIn (scroll down to see how they grew).

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Hippoland

AUGUST 8, 2018

As a result, second time founders very often shy away from ad-based consumer ideas, but when they do, they think about what viral mechanisms you can implement *first* and engineer the product around that mechanism. Product second. Marketing first. Here is a good case study on LinkedIn (scroll down to see how they grew).

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Founder Sales Cycle Affiliate Retention 48

Steve Blank

MAY 4, 2009

And the same time we were also going to do all the other strategic stuff about pricing, positioning, promotion and customer discovery and validation to help engineering understand customer needs. In an early stage startup, instead of sales being up front, the point departments are likely to be product development and customer development.

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ConversionXL

SEPTEMBER 10, 2021

Companies are investing in enterprise software not just as a platform to run their business on, but the engine that moves it forward. Market share: You may already be a category leader, and growth requires you to expand into new verticals. Gartner forecasts enterprise software spending will total almost $572 billion worldwide by 2022.

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ConversionXL

DECEMBER 3, 2018

Most niche industries have some form of representation on these channels, like: This subreddit for commercial audio-visual engineers. Target enough of these related keywords, and it’s possible to generate a steady stream of customers—we just need to separate the wheat from the chaff.

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