Save the Date! the 5th Lean Innovation Educators Summit

Steve Blank

The Summit brings together leading entrepreneurship educators who are putting Lean Innovation to work in their classrooms, accelerators, and students’ ventures. The role of entrepreneurs and the ecosystem that supports them is even more important as the pace of change accelerates.

Lean 212

Is the Lean Startup Dead?

Steve Blank

It’s the antithesis of the Lean Startup. Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. The Rise of the Lean Startup. The idea of the Lean Startup was built on top of the rubble of the 2000 Dot-Com crash. Lean started from the observation that you cannot ask a question that you have no words for. Lean makes sense when capital is scarce and when you need to keep burn rates low.

Lean 255
Insiders

Sign Up for our Newsletter

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

The Lean LaunchPad Online

Steve Blank

You may have read my previous posts about the Lean LaunchPad class taught at Stanford , Berkeley, Columbia , Caltech and for the National Science Foundation. Experienced entrepreneurs kept finding that no business plan survived first contact with customers. He called it the “Lean Startup.”. So my book and Berkeley class turned into the Lean LaunchPad class in the Stanford Engineering school, co-taught with two VC’s – Jon Feiber and Ann Miura-Ko.

Lean 229

Lean Startup vs. Visionary Entrepreneur

Grasshopper Herder

There is an ongoing misconception that creating a company under a lean startup approach is incompatible with a big entrepreneurial vision. Customer Development Entrepreneurship Lean startup startup vision

Lean 155

[Review] The Lean Startup

YoungUpstarts

Enter “ The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses “, a New York Times bestseller by founder of IMVU (creator of 3D avatars) Eric Ries. Borrowing heavily from lean manufacturing pioneered by Toyota as well as his own entrepreneurial experiences in IMVU, ” The Lean Startup ” proposes that companies can be a lot more capital efficient without hampering human creativity.

Lean 155

Lean Tools: How TenTune Harnessed the Power of the Pencil

Grasshopper Herder

A case study on how two entrepreneurs went from idea to MVP without writing a single line of code. The post Lean Tools: How TenTune Harnessed the Power of the Pencil appeared first on GrasshopperHerder.com. Lean Startup User Experience & Research Evaluative Market Experiment Generative Market Research Minimum Viable Product Product Management Product/Market Fit

Lean 125

Guide To Using The Lean Canvas Approach For Your Startup

The Startup Magazine

it’s wise to create and implement some kind of business plan with a lean canvas approach as your guide. Rather than getting stuck too deep into the nitty-gritty of the future, the lean canvas approach was designed as a basic snapshot of your current ideas.

Lean 81

Lean Innovation Management – Making Corporate Innovation Work

Steve Blank

—– 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 first time a few brave corporate innovators tried to overlay the Lean tools and techniques that work in early-stage startups in an existing corporation, the result was chaos, confusion, frustration and ultimately, failure.

Lean 250

The History of Lean Planning

Up and Running

Lean Planning is a concept that we introduced back in 2012 as an evolution in business planning. We proposed Lean Planning as the next step in business planning. But, where did Lean Planning come from? Here’s a quick history of how we developed Lean Planning. Lean Planning started with Tim Berry’s 2008 book, “The Plan-As-You-Go Business Plan,” which was a new way for entrepreneurs to think about planning. Lean Planning is born.

Lean 127

10 Benefits Of True Multi-Tasking As An Entrepreneur

Startup Professionals Musings

With the cost of entry at an all-time low, and the odds of success equally low, more and more entrepreneurs are starting multiple companies concurrently. Other prolific entrepreneurs, like Richard Branson and Elon Musk , simply have several startups on the table at any given moment.

Top 10 Ways Entrepreneurs Pivot a Lean Startup

Startup Professionals Musings

The popular view of a real entrepreneur is someone with a big vision, and a stubborn determination to charge straight ahead through any obstacle and make it happen. The vision part is fine, but successful entrepreneurs have found that the extreme uncertainty of a new product or service usually requires many course corrections, or “pivots” to find a successful formula. Every entrepreneur faces the challenge in developing a product of deciding when to pivot and when to persevere.

Lean 204

How Startups Can Keep Product Development Lean

YoungUpstarts

The lean start-up movement has been based on a single insight – which the purpose of a start-up is to discover a business model that works. Instead of the “entrepreneur that knows what the market wants”, we move to the “entrepreneur that knows how to discover what the market wants”. In this article we explore the unique challenges of a lean start-up and how Outsourced Product Development (OPD) can be used to overcome them. The Lean Start-Up Environment.

The Air Force Academy Gets Lean

Steve Blank

Todd Branchflower took my Lean LaunchPad class having been entrepreneurial enough to convince the Air Force send him to Stanford to get his graduate engineering degree. Besides the talk I brainstormed with Todd and other faculty on how to integrate the Lean LaunchPad into the Air Force Academy Capstone engineering class (a Capstone class puts together all the pieces that a students has learned in his or her major.). Air Force Customer Development Lean LaunchPad Teaching

Lean 193

Impact! NYU Scales the Lean LaunchPad

Steve Blank

NYU has adopted the Lean LaunchPad ® class as a standard entrepreneurship course across twelve different schools/colleges within the University. Over 1,000 students a year are learning lean startup concepts. I figured any academic who was as persistent as an entrepreneur had earned my time. The Innovation Corps, or I-Corps for short, is my Stanford Lean LaunchPad class offered by the National Science Foundation to our leading scientists.

Lean 205

How do you apply Lean to Digital Health and Life Sciences?

Steve Blank

Five years ago we brought evidence-based entrepreneurship to Life Sciences – teaching the first Lean Lean Launchpad class at UCSF, then the NIH and Imperial College. But it’s been awhile since I was in a room made up entirely of Life Science entrepreneurs. I sat down with Arvind Gupta , Founder and Managing Director of IndieBio and talked about how Lean methods apply to Life Sciences. The first half of the conversation talks about Lean and its origins.

Lean 197

How to Stop Playing “Target Market Roulette”: A new addition to the Lean toolset

Steve Blank

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. Prioritize market opportunities smartly to set the boundaries for your lean experimentations.

Lean 248

Introducing Lean Planning: How to Plan Less and Grow Faster

Up and Running

Today, I want to introduce a new approach to business planning: Lean Planning. Lean Planning replaces lengthy business plans with a 20-minute planning process that focuses on increasing your chances of success in business. Lean Planning is simpler and faster than writing a traditional business plan. Read on to learn how to create a Lean Business Plan and how to make the Lean Planning process work for you. Here’s the process: Create a Lean Plan.

Lean 130

7 Highlights from Lean Startup Week

Startup Lessons Learned

Guest Post by Misti Yang, Writer for Lean Startup Co. Editor’s Note: We wrapped up the 2017 Lean Startup Week in San Francisco just a few weeks ago, and we’re excited to share with you some of the best lessons learned in entrepreneurship and corporate innovation. In an interview with GE’s Culture Transformation Leader Janice Semper during Lean Startup Week, Eric Ries remarked, “Listen, that's our specialty here. This was originally published on Lean Startup Co.'s

Lean 195

The Lean Entrepreneur is here

Startup Lessons Learned

Last May, I shared the news that long-time Lean Startup advocates Brant Cooper and Patrick Vlaskovits were working on a new book called The Lean Entrepreneur featuring illustrations by FAKEGRIMLOCK. LitMotors approach to using Lean Startup to create a new vehicle category. Social entrepreneurs take note!) PayPal, under the leadership of David Marcus and Bill Scott, re-defining and re-engineering itself by embracing Lean Startup to improve the product experience.

Lean 131

Teaching Lean Innovation in the Pandemic

Steve Blank

A subsegment of those instructors – those trying to teach Lean LaunchPad, whether in I-Corps, or Hacking for Defense – have an additional burden of figuring out how to teach a class that depends on students getting out of the building and talking to 10 to 15 customers a week.

Lean 304

Lean Government

Startup Lessons Learned

TLDR: Two things: 1) Uncle Sam (and I) want you to be an entrepreneur inside the US Federal Government as a White House Innovation Fellow. 2) All video from the SXSW Lean Startup track is now available for free. Second, it was the day after the first SXSW Lean Startup track, and I was exhausted. Later that day, Todd Park presented a keynote at the SXSW Lean Startup track.

Lean Startups aren't Cheap Startups

Steve Blank

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Lean Startups aren’t Cheap Startups A Lean Startup is not about the total amount of money you may spend over the life of your startup. Over its lifetime a Lean Startup may spend less money than a traditional startup.

Lean 174

Ballad of The Lean Startup

A Smart Bear: Startups and Marketing for Geeks

Sign up for AppSumo 's daily deals specifically for web geeks & entrepreneurs. Essays lean philosophyTweet. --> With IMVU not growing. And revenue not flowing. And with piles of cash monthly burning, They asked “Is it a mess, Or is it progress?” ” Then measured by validated learning. With their customers confused. Eric’s ego was bruised – All his basic assumptions were nixed. They had to unload. All that beautiful code.

Lean 196

Stanford 2012 Lean LaunchPad Presentations – part 1 of 2

Steve Blank

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. While at the same time spreading the Lean LaunchPad entrepreneurship curriculum to campuses across the United States. The 2012 Stanford Lean LaunchPad Presentations.

Lean 195

Stanford 2012 Lean LaunchPad Presentations – part 2 of 2

Steve Blank

Today, the second half of the Stanford Engineering Lean LaunchPad Class gave their final presentations. Next week the Lean LaunchPad class will be taught to 25 teams for the National Science Foundation Innovation Corps. One mentor (VC or experienced entrepreneur) per team. Lean LaunchPad teaching guide. Filed under: Business Model versus Business Plan , Customer Development , Lean LaunchPad , Teaching.

Lean 189

An Interview with Author and Lean Startup Conference 2018 Speaker Giff Constable

Startup Lessons Learned

One of the speakers at this year’s Lean Startup Conference , which kicks off on November 14th in Las Vegas, is Giff Constable. Giff is a repeat entrepreneur whose companies include Neo, a product innovation consulting firm where he worked with organizations like the Mayo Clinic and Time, Inc. Testing with Humans uses a fictional story of two entrepreneurs building a soccer ball sensor company.

Lean 283

The Lean LaunchPad at Stanford – The Final Presentations

Steve Blank

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. Experienced entrepreneurs realize that no business plan survives first contact with customers. There was no single class to teach aspiring entrepreneurs all the skills involved in searching for a business model (business model design, customer and agile development, design thinking, etc.) The Lean LaunchPad was designed to fill that void.

Lean 203

Lean Business Planning with Tim Berry [VIDEO]

Up and Running

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. He is the known guru in business planning, particularly for small businesses, startups and entrepreneurs, although he’s worked with Fortune 100 and Fortune 500 companies as well. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf.

Lean 119

Lean Startup Implementation Lessons

Startup Lessons Learned

Guest post by Lisa Regan, writer for The Lean Startup Conference. The Lean Startup Conference was founded four years ago to bring together real entrepreneurs who have applied Lean Startup techniques and have useful advice to share with each other. For the details, here’s Ivory: Running Lean author Ash Maurya seconded Ivory’s advice. Alejandro and Nikhil were listening to their customers, a theme Lean Startup constantly returns to.

Lean 131

How Kevin O’Connor, and FindTheBest Got Lean

Steve Blank

It’s been fun watching a 20th Century entrepreneur learn new tricks as he builds his next startup, FindTheBest using Lean Methodology. We’re both serial entrepreneurs. He came down a few weeks ago to visit our company, FindTheBest , where we chatted about his lean start-up concept and held a Q&A for the FindTheBest team and others in the Santa Barbara tech community. Lean Start-up Connection: Business Model Canvas.

Lean 210

What’s wrong with the lean startup methodology?

The Next Web

For the uninitiated, the Lean Startup methodology is a practice for developing products and businesses based on ‘validated learning’, getting customer feedback quickly and often. Entrepreneur lean startupThe process was proposed by Eric Ries in 2011. The objective is to eliminate uncertainty in the product development process. This practice has transformed the way companies are developed.

Lean 123

What is Lean about the Lean Startup?

Startup Lessons Learned

Lessons Learned by Eric Ries Wednesday, December 16, 2009 What is Lean about the Lean Startup? The first step in a lean transformation is learning to tell the difference between value-added activities and waste. That foundational idea, so clearly articulated in books like Lean Thinking, is what originally led me to start using the term lean startup. I was giving my first-ever webcast on the lean startup. This value is evident in Lean Startups.

Lean 113

Lean Startup in New Places: The Lean Startup Conference 2018

Startup Lessons Learned

So much happened when the Lean Startup Community came together in Las Vegas last month for this year’s conference that I’m still processing it all. The high levels of learning, great conversations, and most of all camaraderie between entrepreneurs of all kinds was amazing to be a part of. It was great to see so many of you there, and in particular to talk with so many different kinds of Lean Startup practitioners.

Lean 75

When to be lean

The Equity Kicker

Ben Horowitz, founder of leading venture firm Andreessen Horowitz and a successful entrepreneur prior to that published a post over the weekend: The Case for the Fat Start-Up. In it he argues that lean thinking has been overdone and that startup CEOs should be more aggressive raising capital and investing in building value in their companies. Running lean means going slower, increasing the chances that another company takes that coveted number one spot.

Lean 65

The Lean In Alternative: Why Leaning Back Also Works For Women In Business

YoungUpstarts

by Vickie Milazzo, author of “ Wicked Success Is Inside Every Woman “ The release of “ Lean In: Women, Work, and the Will to Lead “, the new book by Facebook COO Sheryl Sandberg (pictured), has sparked a firestorm of attention from the media and folks around conference room tables throughout the country. But in addition to “leaning in,” women in the workplace should make “leaning back” a priority. That’s what ‘leaning back’ is all about.”.

Lean 175

Announcing the 2016 Lean Startup Week Program

Startup Lessons Learned

Guest post by Jennifer Maerz, contributing editor of Lean Startup Co. The Lean Startup team has been hard at work finalizing the details of this year’s Lean Startup Week. Each year, we bring you new case studies from Silicon Valley startups (and beyond), government agencies, and global enterprise companies, along with expert advice from seasoned entrepreneurs and newcomers alike. In the evening, we’ll have a Halloween-themed Lean Startup Night happy hour.

The Lean Startup Bundle

Startup Lessons Learned

Lessons Learned by Eric Ries Tuesday, October 5, 2010 The Lean Startup Bundle People often ask me if they can buy "Lean Startup in a box" from me. People want to get started with Lean Startup but arent exactly how. Its called the " The Lean Startup Bundle " and it is available this week only. It is the ultimate product development get-started guide to Lean Startup. But if you buy The Lean Startup Bundle this week, youll get a pre-order of the book included.

Lean 122

Lean Business: Pivot Point

crowdSPRING Blog

In his book, The Lean Startup: How Today’s Entrepreneurs Use Continuous Innovation to Create Radically Successful Businesses, Eric Riess defines the pivot as a “structured course correction designed to test a new fundamental hypothesis about the product, strategy, and engine of growth.”. This iterative cycle is at the heart of the lean approach to business and the pivot is one aspect of it. Related posts: Lean Marketing tips: business card as selling tool.

Lean 78

Lean Impact Webcast on Tuesday

Startup Lessons Learned

Guest post by Lisa Regan, writer for The Lean Startup Conference. Lean Startup techniques have been taking off in the social-mission sector, helping people solve problems more effectively, and earning the name Lean Impact. To explore what’s working on the ground, we’re hosting a webcast, Lean Impact: Implementing Lean Startup in Mission-driven Organizations , next Tuesday, November 5 at 10a PT.

Lean 131

Four myths about the Lean Startup

Startup Lessons Learned

Lessons Learned by Eric Ries Sunday, April 18, 2010 Four myths about the Lean Startup Myth: Lean means cheap. Lean startups try to spend as little money as possible. Truth: The Lean Startup method is not about cost, it is about speed. Lean Startups waste less money, because they use a disciplined approach to testing new products and ideas. Myth: The Lean Startup methodology is only for Web 2.0/internet/consumer software companies.

Lean 131

Episode 9: Lean Business Planning with Tim Berry | The Bcast

Up and Running

This week Peter and Jonathan talk to Tim Berry, founder of Palo Alto Software, about lean business planning, strategy, tactics, specifics (milestones), and the forecast. Listen to Episode 9: Show notes: What is Lean Planning? Lean Business Planning by Tim Berry – (31:21). Preorder on Amazon.com – Lean Business Planning: Get What You Want From Your Business. Even maybe what does the word lean mean in this context? What’s the lean mean?

Lean 108

How Lean Startup Principles Shaped My Business

Up and Running

The phrase “lean startup” comes up a lot in conversations about entrepreneurship. I’ve been to several panel discussions on the topic, had it taught to me in a business school classroom, and read a book dedicated to lean startup methodology. The ideas behind lean startups can be drilled down to a few straightforward ideas: Deploy resources stringently, incrementally proving out the assumptions that drive your business model.

Lean 126

Lean LaunchPad – For Deep Science and Technology

Steve Blank

We just finished the 11th annual Lean LaunchPad class at Stanford — our first version focused on deep science and technology. ” Below are the Lessons Learned presentations from the Lean LaunchPad for deep science and technology, as well as additional learnings from the class.

Lean 213