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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. Over its lifetime a Lean Startup may spend less money than a traditional startup.
Steve,&# he said, “you’re missing the most interesting part of vertical markets. be prepared to be the most lean business in the sector (which is only possible where economy of scale does not create huge entry barriers). We’ll talk about how to reduce risk in each type of market in the next post.
Other advisors provided marketing with industry-specific advice in our initial vertical markets (computational fluid dynamics, computational chemistry, finite element analysis, and petroleum engineering). Reply steveblank , on May 25, 2010 at 1:05 am Said: Tom McMurray. be a user of software (for the consumer use case).
Verticals Are Different I began to realize that entrepreneurs (and their professors) act like every vertical market and industry has the same set of rules. So the first heuristic is: do not assume the startup rules are the same for all vertical markets. Just for discussion, the markets I chose were: Web 2.0,
The Man Who Shot Liberty Valance I always had been curious about how Silicon Valley, a place I had lived and worked in, came to be. The Man Who Shot Liberty Valance I always had been curious about how Silicon Valley, a place I had lived and worked in, came to be.
EE Reply My take on Customer Development and the Lean Startup | Recess Mobile Blog , on January 9, 2010 at 5:30 am Said: [.] This is the pivot, a crucial tactical maneuver for the lean startup [.] Reply Ashu Sharma , on April 27, 2010 at 11:44 pm Said: Steve, Great post!
Your presentation doesn’t have a single word about Lean Startups or Customer Development. Reply Charlie Crystle , on April 8, 2010 at 12:31 pm Said: brilliant post. All the best, Mark Reply Lisa Hjorten , on April 22, 2010 at 1:34 pm Said: Great post, it made me feel even more confident about my current approach which is 1.
So much so, I took a Customer Development approach to my startup, which I wrote up as a Case Study for the Google Group Lean Startup Circle. Reply EventSession , on November 10, 2009 at 7:10 pm Said: Hi All (including Steve), I am much inspired by Steve’s and Eric Ries’s thoughts on entrepreneurship.
Reply Why Startups are Agile and Opportunistic -- Pivoting the Business Model , on April 14, 2010 at 6:32 am Said: [.] Reply Why Startups are Agile and Opportunistic – Pivoting the Business Model « The Product Guy , on April 26, 2010 at 11:24 am Said: [.] Good Enough Decision Making [.]
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. Reply Customer Development – Not Just for Web Startups » Biotech by the Bay , on May 1, 2010 at 11:34 am Said: [.]
Deena , on July 19, 2010 at 8:27 pm Said: Mark – thanks for the awesome summary of the grey areas with customer development. steveblank , on September 7, 2010 at 11:00 pm Said: Mark, You’ve just listed the reasons why startups are not done by accountants with spreadsheets. It’s an art.
However the Customer Development Model and the Lean Startup work equally well for startups on the web. The first question to ask is: “Does your startup have market risk or is it dominated by technical risk?” Lean Startup /Customer Development is used to find answers to the unknowns about customers and markets.
The presentation didn’t have a single word about Lean Startups or Customer Development. Reply A View Up the Skirt of “Lean Startup,&# JumpPost « Jordan Cooper's Blog , on December 21, 2009 at 12:29 pm Said: [.] We’ve been inspired by Steve Blank and the Customer Development / lean startup model.
Home Books for Startups Secret History-Bibliography Steve Blank Startup Resources Steve Blank Entries RSS | Comments RSS Categories Air Force (9) Ardent (9) Big Companies versus Startups: Durant versus Sloan (29) California Coastal Commission (3) Conservation (2) Convergent Technologies (1) Customer Development (98) Customer Development Manifesto (..)
Home Books for Startups Secret History-Bibliography Steve Blank Startup Resources Steve Blank Entries RSS | Comments RSS Categories Air Force (9) Ardent (9) Big Companies versus Startups: Durant versus Sloan (29) California Coastal Commission (3) Conservation (2) Convergent Technologies (1) Customer Development (98) Customer Development Manifesto (..)
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. Since I wasn’t an engineer, my contribution was around the team-building and fund raising. I was an idiot.
But make sure it fits who you are. a comment » Yet another brilliant post from Steve Blank, this time about what it takes to found, co-found, or work in a startup at various stages of [.]
Reply Cognitive Biases, Positive Black Swan Events and Startups | Market By Numbers | San Diego | Marketing Help , on January 3, 2010 at 9:13 am Said: [.] Reply Jeff , on May 12, 2010 at 4:58 pm Said: I was making games at EA at the time Rocket Science launched. The mistake is assuming you are a Black [.]
Reply Startup vs Home Life « Nickpoint , on September 9, 2010 at 8:19 am Said: [.] Go figure. m Reply Broadening my Reading: 10 Sources I’ve Come to Love « Man in the net :: Ontology :: Semantic :: Knowledge , on December 30, 2009 at 1:13 am Said: [.] Lies Entrepreneurs Tell Themselves [.]
Reply Jim Wolcott , on April 28, 2010 at 7:30 pm Said: Steve! Reply El efecto novedad « Ludosofía , on May 2, 2010 at 10:05 pm Said: [.] Reply Steven Edelman , on October 4, 2010 at 5:19 pm Said: Steve you left out part of the story but maybe that’s because this happened before you got there. Order Here.
Home Books for Startups Secret History-Bibliography Steve Blank Startup Resources Steve Blank Entries RSS | Comments RSS Categories Air Force (9) Ardent (9) Big Companies versus Startups: Durant versus Sloan (29) California Coastal Commission (3) Conservation (2) Convergent Technologies (1) Customer Development (98) Customer Development Manifesto (..)
Reply Hans , on June 15, 2010 at 7:10 pm Said: I have never experienced burnout, but I never knew it could influence your physical perception this much I work in the show business (I’m a life sound engineer) and got married 5 years ago. The Chad poses a very good point. That sucks but that’s just the way it is.
steve Joshua , on January 5, 2010 at 3:19 pm Said: Fantastic entry, thanks very much Steve. As marketers we both understood the 10% was a figure of speech and neither of us took it as a literal number, If I was in engineering I would have been interested in the percentage.
on July 9, 2010 at 12:50 pm Said: [.] Fire might be a strong word. Reply Play Wack-a-Mole – gently, now – With Your ‘Bad’ Customers | CityOf.com – More Local… FASTER. ,
Home Books for Startups Secret History-Bibliography Steve Blank Startup Resources Steve Blank Entries RSS | Comments RSS Categories Air Force (9) Ardent (9) Big Companies versus Startups: Durant versus Sloan (29) California Coastal Commission (3) Conservation (2) Convergent Technologies (1) Customer Development (98) Customer Development Manifesto (..)
Reply Karma in the Lean Startup Era , on January 28, 2010 at 5:26 pm Said: [.] Not a trivial job considering our computer was one of the first parallel architectures, and our compiler required specific knowledge of our [.]
Home Books for Startups Secret History-Bibliography Steve Blank Startup Resources Steve Blank Entries RSS | Comments RSS Categories Air Force (9) Ardent (9) Big Companies versus Startups: Durant versus Sloan (29) California Coastal Commission (3) Conservation (2) Convergent Technologies (1) Customer Development (98) Customer Development Manifesto (..)
So no post today on entrepreneurship, Secret History of Silicon Valley, Customer Development, Lean Startups, etc. Our friends who run the state park surrounding our ranch will join all of us for Thanksgiving dinner. Just a reflection on my family and hopes for our children.
Thank you, Jerry Sheridan Reply Amazing Posts « Shashank ND , on February 11, 2010 at 5:48 am Said: [.] Others say Larry Spitters & Co. were the first computer entrepreneurs here. Were we anything first? Any answers or pointers will be appreciated.
Home Books for Startups Secret History-Bibliography Steve Blank Startup Resources Steve Blank Entries RSS | Comments RSS Categories Air Force (9) Ardent (9) Big Companies versus Startups: Durant versus Sloan (29) California Coastal Commission (3) Conservation (2) Convergent Technologies (1) Customer Development (98) Customer Development Manifesto (..)
Home Books for Startups Secret History-Bibliography Steve Blank Startup Resources Steve Blank Entries RSS | Comments RSS Categories Air Force (9) Ardent (9) Big Companies versus Startups: Durant versus Sloan (29) California Coastal Commission (3) Conservation (2) Convergent Technologies (1) Customer Development (98) Customer Development Manifesto (..)
Alex Miroshnichenko , on February 4, 2010 at 6:21 pm Said: Well, funny how myths are created. Reply Ed Lyon , on March 31, 2010 at 10:01 am Said: The “Secret History&# slides were interesting, but I have to object to your crediting Mike Villard (Slide 101 of Rev 5, Feb 2010) with EARTHLING and CHECKROTE radars.
Reply Augusta Prince , on April 16, 2010 at 3:08 pm Said: My late friend Gordon P. And now am leading a startup of my own ( [link] ) where we’re students of you and Eric Ries’ lean startup principles. invention of electronic warfare, part I and [.] Thanks for connecting the historical dots!
Home Books for Startups Secret History-Bibliography Steve Blank Startup Resources Steve Blank Entries RSS | Comments RSS Categories Air Force (9) Ardent (9) Big Companies versus Startups: Durant versus Sloan (29) California Coastal Commission (3) Conservation (2) Convergent Technologies (1) Customer Development (98) Customer Development Manifesto (..)
Home Books for Startups Secret History-Bibliography Steve Blank Startup Resources Steve Blank Entries RSS | Comments RSS Categories Air Force (9) Ardent (9) Big Companies versus Startups: Durant versus Sloan (29) California Coastal Commission (3) Conservation (2) Convergent Technologies (1) Customer Development (98) Customer Development Manifesto (..)
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.
Home Books for Startups Secret History-Bibliography Steve Blank Startup Resources Steve Blank Entries RSS | Comments RSS Categories Air Force (9) Ardent (9) Big Companies versus Startups: Durant versus Sloan (29) California Coastal Commission (3) Conservation (2) Convergent Technologies (1) Customer Development (98) Customer Development Manifesto (..)
Home Books for Startups Secret History-Bibliography Steve Blank Startup Resources Steve Blank Entries RSS | Comments RSS Categories Air Force (9) Ardent (9) Big Companies versus Startups: Durant versus Sloan (29) California Coastal Commission (3) Conservation (2) Convergent Technologies (1) Customer Development (98) Customer Development Manifesto (..)
Home Books for Startups Secret History-Bibliography Steve Blank Startup Resources Steve Blank Entries RSS | Comments RSS Categories Air Force (9) Ardent (9) Big Companies versus Startups: Durant versus Sloan (29) California Coastal Commission (3) Conservation (2) Convergent Technologies (1) Customer Development (98) Customer Development Manifesto (..)
Reply Jacek , on January 15, 2010 at 12:49 pm Said: Steve, I think the problem here isn’t with Business Plan Competitions, but with the way they are organized. Just my 2¢ Reply steveblank , on January 15, 2010 at 4:36 pm Said: Jacek, We’re going to have to “agree to disagree&# on this one.
Reply Hans , on June 15, 2010 at 7:43 pm Said: I recently asked for a job interview (I knew the job was up for grabs before it was officially on the market), but I did not fit. Unfortunately I don’t have any domain knowledge, but I do have some applicable/transferable knowledge from a previous enterprise.
Home Books for Startups Secret History-Bibliography Steve Blank Startup Resources Steve Blank Entries RSS | Comments RSS Categories Air Force (9) Ardent (9) Big Companies versus Startups: Durant versus Sloan (29) California Coastal Commission (3) Conservation (2) Convergent Technologies (1) Customer Development (98) Customer Development Manifesto (..)
Best, Miguel Cavalcanti, from Brazil Reply Colin Rae , on September 22, 2010 at 2:20 pm Said: Steve, in many of your posts I’ve noticed you say certain things can not be delegated/outsourced (e.g Reply Miguel Cavalcanti , on May 18, 2009 at 8:12 pm Said: Hello Steve, great pst, tks for sharing your knowledge.
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