Eric Ries was kind enough to invite me to speak at his Lean Startup Conference.
In the talk I reviewed the basic components of the Lean Startup and described how we teach it. I observed that now that we’ve built software to instrument and monitor the progress of new ventures (using LaunchPad Central), that we are entering the world of evidence-based entrepreneurship and the Investment Readiness Level.
This video is a companion to the blog post here. Read it for context.
If you can’t see the video above, click here
- 1:25 What is Evidence-based Entrepreneurship?
- 2:00 Startups are Not Smaller Versions of Large Companies
- 3:29: What’s a Startup?
- 3:36 The 3 Components of the Lean Startup
- 6:00 Teaching startups & companies Lean: The Lean LaunchPad class
- 11:00 Teaching Educators Lean: The Lean LaunchPad Educators class
- 11:31 Instrumenting Startups: Via Launchpad Central Software
- 15:22 NASA and Technology Readiness Level (TRL)
- 17:20 The Investment Readiness Level (IRL) for new ventures
- 19:30 The Oakland A’s and Moneyball
- 22:08 One More Thing – Lean LaunchPad for Life Sciences
You can follow the talk along using the slides below
If you can’t see the slides above, click here
Additional videos here
Startup Tools here
Listen the blog post here [audio http://traffic.libsyn.com/albedrio/steveblank_clearshore_131221.mp3]
Download the podcast here
Filed under: Customer Development, Investment Readiness Level, Lean LaunchPad, Teaching, Venture Capital |
Reblogged this on Max Gorbatenko.
Excellent work. The Moneyball approach will disrupt a lot of sectors that previously relied upon parochial wisdom.