Steve Blank

JUNE 29, 2009

But over the years I realized his comment was actually an astute observation about the mental mindset of an entrepreneur, and therein lies the purpose of this post. In fact using uncertainty as your path is an advantage entrepreneurs share. You’re Hired, You’re Fired. I wore it as a badge of honor.

Agile 263

Agile Silicon Valley RSS California 263

Startup Lessons Learned

SEPTEMBER 7, 2008

Lessons Learned by Eric Ries Sunday, September 7, 2008 Customer Development Engineering Yesterday, I had the opportunity to guest lecture again in Steve Blank s entrepreneurship class at the Berkeley-Columbia executive MBA program. Ive attempted to embed the relevant slides below.

Customer Development 131

Customer Development Engineer San Francisco Developer 131

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. Heres the catch.

Customer Development 168

Customer Development Developer San Francisco Customer 168

Steve Blank

APRIL 16, 2013

In my 21 years as an entrepreneur, I would come up for air once a month to religiously read the Harvard Business Review. It was not only my secret weapon in thinking about new startup strategies, it also gave me a view of the management issues my customers were dealing with. ” Groucho Marx.

Technical Review 329

Technical Review Lean Venture Capital Customer Development 329

Startup Lessons Learned

NOVEMBER 6, 2008

Lessons Learned by Eric Ries Thursday, November 6, 2008 Steveys Blog Rants: Good Agile, Bad Agile I thought Id share an interesting post from someone with a decidedly anti-agile point of view. Steveys Blog Rants: Good Agile, Bad Agile : "Google is an exceptionally disciplined company, from a software-engineering perspective.

Agile 76

Agile San Francisco Software Review Continuous Deployment 76

Startup Lessons Learned

APRIL 4, 2010

Lessons Learned by Eric Ries Sunday, April 4, 2010 Kent Beck keynote, "To Agility, and Beyond" Kent Beck will give the opening keynote at the Startup Lessons Learned conference on April 23. Kent is a significant figure in the field of software development. Two Ways to Hold Entrepreneurs Accountable (for Ha. Expo SF (May.

Agile 99

Agile Software Review San Francisco Continuous Deployment 99

Steve Blank

SEPTEMBER 5, 2018

Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. This allowed startups to build Minimal Viable Products (MVPs) – incremental and iterative prototypes – and put them in front of a large number of customers to get immediate feedback. And it may work.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

OCTOBER 30, 2012

Our goal– to inspire, educate and empower hundred’s of thousands of entrepreneurs and help create 10,000 startups. The class teaches founders how to dramatically reduce their failure rate through the combination of business model design, customer development and agile development using the Startup Owners Manual.

Startup 335

Startup Lean Incubator Business Model 335

Steve Blank

MARCH 26, 2019

As a serial entrepreneur turned educator, this didn’t make sense to me. In my experience, I saw that most business plans don’t survive first contact with customers. The class was unique in that it was 1) team-based, 2) experiential, 3) lean-driven (hypothesis testing/business model/customer development/agile engineering).

Lean 254

Lean Business Model Balance Sheet Video 254

Steve Blank

APRIL 16, 2013

In my 21 years as an entrepreneur, I would come up for air once a month to religiously read the Harvard Business Review. It was not only my secret weapon in thinking about new startup strategies, it also gave me a view of the management issues my customers were dealing with. ” Groucho Marx.

Technical Review 221

Technical Review Lean Venture Capital Customer Development 221

Steve Blank

JANUARY 27, 2011

This startup search process is the business model / customer development / agile development solution stack. Most business plans are worse than useless in preparing an entrepreneur for the real world as “no business plan survives first contact with customers.&#. Utah: Entrepreneurial Surprises.

Business Model 281

Business Model Utah Intellectual Property Agile 281

Steve Blank

MAY 6, 2015

While it sounds simple , the Build Measure Learn approach to product development is a radical improvement over the traditional Waterfall model used throughout the 20 th century to build and ship products. Back then, an entrepreneur used a serial product development process that proceeded step-by-step with little if any customer feedback.

Lean 120

Lean Agile Business Model Customer Development 120

Steve Blank

SEPTEMBER 5, 2013

We think teaching teams a formal methodology around the Lean Framework (Business Model design, Customer Development and Agile Engineering) is a natural evolution of how successful incubators/accelerators will build startups. Filed under: Customer Development , Lean LaunchPad , Teaching.

Lean 319

Lean Customer Development Sales Cycle Business Model 319

Steve Blank

DECEMBER 20, 2011

I remember thinking, “Wow, whoever’s on the other end of phone sounds just like an entrepreneur, they were asking for the impossible.” We taught them the business model / customer development / agile development solution stack. Some incubators would have labeled this group too old to be entrepreneurs.

Incubator 306

Incubator Government Silicon Valley Lean 306

Steve Blank

NOVEMBER 24, 2010

Over the last ten years, entrepreneurs began to understand that startups were not simply smaller versions of large companies. Instead of adopting the management techniques of large companies, which too often stifle innovation in a young start up, entrepreneurs began to develop their own management tools. Happy Thanksgiving.

Silicon Valley 335

Silicon Valley United States Venture Capital Software Review 335

Steve Blank

AUGUST 18, 2010

One of the attributes of great entrepreneurs is that they are tenacious and relentless. Here’s his story of when Customer Development failed. Here’s his story of when Customer Development failed. Here’s our story: We started like most entrepreneurs — an idea, an opportunity, and very little money.

Customer Development 231

Customer Development Developer Customer California 231

Startup Lessons Learned

MARCH 25, 2009

Lessons Learned by Eric Ries Wednesday, March 25, 2009 The Lean Startup at Agile Vancouver April 21st A surprising number of respondents in the latest Lessons Learned survey hail from one of the flourishing startup hubs in Canada. The Entrepreneur’s Guide to Customer Development ► June (3) What is a startup?

Agile 60

Agile Lean San Francisco Continuous Deployment 60

Steve Blank

JANUARY 15, 2017

And finally this bill acknowledges that networks of entrepreneurs and mentors are critical in getting technologies translated from the lab to the marketplace. scientists and engineers we train as entrepreneurs and how many of them pass on their knowledge to students.

Lean 262

Lean Technical Review Government Programming 262

Steve Blank

JUNE 3, 2010

The company loses customers, then revenues and profits decline and it eventually gets acquired or goes out of business. If you’re an entrepreneur, you spend your time worrying about how to get out of the box on the left and move to the right. Filed under: Customer Development , Durant versus Sloan: Startups Verus Companies.

Search 248

Search Agile Customer Development Technical Review 248

Steve Blank

MARCH 3, 2015

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. The disadvantage is that its methodology was based on the old waterfall model of product development and not the agile and lean methods that startups use today.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

Steve Blank

JULY 13, 2021

By the end of the 20th century, case studies and business plans had reached an evolutionary dead-end for entrepreneurs. The case method and business plans are the antithesis of how entrepreneurs create startups. But the case method is the antithesis of how entrepreneurs create a startup. Here’s why and what we did about it.

Lean 436

Lean Agile Business Model Business Plan 436

Steve Blank

NOVEMBER 11, 2015

So will failing to understand your customers. Successful founders have a laser-like focus and commitment; a keen understanding of customers’ needs; and a tenacious spirit, said the latest guests on Entrepreneurs are Everywhere , my radio show on Sirius XM Channel 111. Reetu Gupta. And download any of the past shows here.).

Cofounder 120

Cofounder India Entrepreneur Maryland 120

Steve Blank

MAY 7, 2019

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.

Lean 334

Lean Marketing Agile Customer Development 334

Steve Blank

APRIL 10, 2009

Customer Development ) to help you quickly recognize and reverse any incorrect decisions. That’s why startups are agile. Startups that are agile have mastered one other trick – and that’s Tempo – the ability to make quick decisions consistently over extended periods of time.

Silicon Valley 305

Silicon Valley RSS Startup Agile 305

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.

Customer Development 252

Customer Development Developer Customer Silicon Valley 252

Steve Blank

JULY 7, 2015

My guests on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Eric Ries , entrepreneur and author of the New York Times bestseller, The Lean Startup. Eric was the very first practitioner of my Customer Development methodology which became the core of the the Lean methodology. Taking My Class.

Lean 120

Lean Silicon Valley Technical Cofounder Channel 120

Steve Blank

MAY 17, 2010

A business plan is the execution document that large companies write when planning product-line extensions where customer, market and product features are known. Business models allow agile and opportunistic founders to keep score of the Pivots in their search for a repeatable business model. It turns out that’s a mistake.

Business Plan 316

Business Plan Business Model Customer Development Deal Flow 316

Steve Blank

JUNE 23, 2020

While the Lean Startup was built with Business Model Canvas, Customer Development and Agile Engineering, there’s an additional tool — the Market Opportunity Navigator — that can help entrepreneurs discover new opportunities. What tools and methods can a C-suite team use to do so? Here’s how.

Customer 436

Customer Marketing Customer Development Lean 436

Steve Blank

MARCH 8, 2011

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. The first class was an introduction to the concepts of business model design and customer development. This post is part one.

Lean 303

Lean Business Model Customer Development Guinea 303

Steve Blank

APRIL 20, 2009

And throughout my career as an entrepreneur I kept asking questions of my VC investors and friends; Where did entrepreneurship come from? Berkeley Haas Business School was courageous enough to give me a forum teach the Customer Development Methodology. How did Silicon Valley start?

Silicon Valley 294

Silicon Valley RSS San Francisco Technical Review 294

Steve Blank

NOVEMBER 2, 2009

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. The Customer Development process (and the Lean Startup) is one way to do that.

Lean 259

Lean Silicon Valley Startup RSS 259

Steve Blank

JUNE 8, 2021

This was followed by an 8-minute slide presentation describing their customer discovery journey over the 10 weeks. While all the teams used the Mission Model Canvas , (videos here ), Customer Development and Agile Engineering to build Minimal Viable Products, each of their journeys was unique.

Lean 410

Lean Security Asia SBIR 410

Startup Lessons Learned

MARCH 6, 2013

Luckily, in a room full of entrepreneurs, plenty of new businesses popped up to bring people food and water. (If That's because the room we were in was so packed, the only way to stay for the next session was to refuse to give up your seat. 1,000 startup founders, investors, and press! Nicole Lazzaro President Udi Nir CTO NEW!

Lean 165

Lean Cofounder Startup Software Engineering 165

Steve Blank

SEPTEMBER 3, 2009

This post describes how the traditional product development model distorts startup sales, marketing and business development. 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.

Customer Development 227

Customer Development Developer Silicon Valley Customer 227

YoungUpstarts

APRIL 21, 2013

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. Not doing so would end up in wasteful innovations and features that customers do not want.

Lean 193

Lean Technical Review North America Startup 193

Steve Blank

FEBRUARY 18, 2010

After I retired, I began teaching Customer Development , a theory of how to reduce early stage risk in entrepreneurial ventures. As a pun on my last company as an entrepreneur, E.piphany, I called the book The Four Steps to the Epiphany. Agile Opportunism – Entrepreneurial DNA……………… 5.

Silicon Valley 224

Silicon Valley Customer Development IP Developer 224

Startup Lessons Learned

SEPTEMBER 15, 2008

But by taking advantage of open source, agile software, and iterative development, lean startups can operate with much less waste. I am heavily indebted to earlier theorists, and highly recommend the books Lean Thinking and Lean Software Development. Labels: customer development , lean startup 8comments: Amy said.

Lean 168

Lean San Francisco Startup Continuous Deployment 168