Steve Blank

SEPTEMBER 3, 2014

While he correctly understood how to frame his hypotheses with a business model canvas, and he was doing a good job in customer development – the third component of Lean is using Agile Development to rapidly and iteratively build incrementally better versions of the product – in the form of minimal viable products (MVP’s).

Cofounder 336

Cofounder Founder Technical Cofounder Coder 336

Up and Running

OCTOBER 1, 2014

Nelson has some tips: Know your burn rate. If not, be agile enough to change direction and re-focus,” Nelson advises. Hire and surround yourself with people who are hungry for the opportunity and super driven,” she advises. How do you balance it all? Five useful tools and an entrepreneur’s workspace.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Steve Blank

APRIL 20, 2009

In ten years, from the early 1950′s to the early 1960′s, the valley went through a hiring frenzy as jobs in microwave companies went from 700 to 7,000. Another piece of trivial: the road that is the side-entrance (during business hours) to Agilent Corporation HQ in Santa Clara is named “Terman Lane&# after Terman.

Silicon Valley 302

Silicon Valley RSS San Francisco Technical Review 302

Steve Blank

SEPTEMBER 5, 2018

He just hired Meg Whitman. Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. Startups with huge burn rates – building leases, staff, PR and advertising – ran out of money. the ex-CEO of HP and eBay, as CEO of NewTV. Then one day it was over.

Lean 335

Lean Burn Rate Startup IPO 335

Steve Blank

MAY 15, 2009

We hired an interior designer and a great facilities person to manage the process. Reply Jerry Ji , on May 15, 2009 at 4:56 pm Said: When my startup starts hiring, I’ll make “The Four Steps to the Epiphany&# a prerequisite reading for every interviewer. A VERY nice office.

Silicon Valley 233

Silicon Valley RSS Lean Agile 233

VC Cafe

JULY 26, 2020

In fact, they were screaming at them to dramatically reduce their burn rates. Agile Development: launch an MVP early and iterate quickly. Angel investment, which was small to start with, disappeared, and most corporate VCs shut down. VC’s were no longer insisting that startups spend faster, and “swing for the fences”.

Lean 214

Lean Seed Capital Startup Burn Rate 214

Startup Lessons Learned

MARCH 13, 2009

And even worse, wed cranked up the burn rate in order to be ready to handle all those millions of mainstream customers we anticipated. Combining agile development with customer developm. Worse, we tricked ourselves into thinking that what the press said about our success was actually true. Expo SF (May.

San Francisco 168

San Francisco PR Lean Early Stage 168

Steve Blank

SEPTEMBER 7, 2009

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. Blame it On Marketing In the next 3-6 months, a new VP of Sales is hired. innovation.

Customer Development 233

Customer Development Developer Customer Silicon Valley 233

Startup Lessons Learned

JANUARY 30, 2009

Hire the absolute best and the brightest, true experts in their fields, who in turn can hire the smartest people possible to staff their departments. By hiring experts, conducting lots of focus groups, and executing to a detailed plan, the company became deluded that it knew what customers wanted. We can skip the chasm.

San Francisco 150

San Francisco Lean Agile Continuous Deployment 150