Steve Blank

NOVEMBER 13, 2018

If you’re an early employee at a startup, one day you will wake up to find that what you worked on 24/7 for the last year is no longer the most important thing – you’re no longer the most important employee, and process, meetings, paperwork and managers and bosses have shown up. I know a change is going to come. Loss of status ?

Part-Time VPE 335

Part-Time VPE Employee Cofounder Hiring 335

Steve Blank

JUNE 11, 2009

Agile – you may find the real opportunities for your company was somewhere else. Yet for every founder there are 10-20 other employees who take the near-equivalent risks in joining an early-stage company. If you’re not a founder (by choice, timing or temperament,) you may be an early employee or a later stage startup employee.

Cofounder 230

Cofounder Founder Silicon Valley Technical Cofounder 230

Steve Blank

MARCH 29, 2010

The key things I want students to take from the class are: Understand that a startup is a temporary organization designed to search for a profitable business model. Learn how to put together a business model , not a business plan. Class Logistics. As described in the previous post , this is a hands-on class.

Business Model 237

Business Model Silicon Valley California Engineer 237

SoCal CTO

MAY 4, 2010

Some great posts from April 2010 that talk to me in terms of being a CTO at a Startup.

CTO Hire 150

CTO Hire Vesting Startup Venture Capital 150

YoungUpstarts

OCTOBER 20, 2017

by Amanda Setili, author of “ Fearless Growth: The New Rules to Stay Competitive, Foster Innovation, and Dominate Your Markets “ Growth has always been fundamental to business success, but it’s never been more critical than it is now. Rule #5: Open the floodgates of employee creativity.

Technical Review 147

Technical Review Malaysia Agile Employee 147

Startup Lessons Learned

DECEMBER 14, 2017

LESSON #1: Equip your business with a portfolio map and a 21st century org chart. With industries from banking to transportation being transformed and, in some instances, undermined by new business models and technology, executives are smart to wonder, “Are we next?” Second, don’t simply hire your buddies.

Lean 245

Lean Startup CTO Hire Cofounder 245

Up and Running

DECEMBER 6, 2012

Lean Planning is a set of tools for discovering a business model that works, building an action plan to test your assumptions, creating financial models and a plan for a viable business, and tracking your performance so you can adjust your plan on the fly, quickly and easily. Do startups have a manual?

Lean 147

Lean Silicon Valley Forecast Technical Review 147

Hearpreneur

JANUARY 29, 2023

We asked entrepreneurs and business owners about the tough lessons they have learned in 2022. #1- 1- Focus on employee well-being Photo Credit: Dr. Joyce Kahng As the digital age continues to evolve, the well-being of employees should remain at the forefront. Thanks to Dr. Joyce Kahng, Joyce the Dentist ! #2-

Artificial Inteligence 133

Artificial Inteligence Entrepreneur Agile Technical Review 133

Startup Lessons Learned

SEPTEMBER 30, 2008

When Ive asked mentors of mine who have worked in big companies about the role of the CTO, they usually talk about the importance of being the external face of the companys technology platform; an evangelist to developers, customers, and employees. However, they insisted on using a platform that totally contradicted their business model.

CTO 168

CTO Fractional CTO CTO Hire Technical Review 168

ReadWriteStart

JULY 3, 2019

Startups are starting to launch without a central headquarters, or any designated office building, in an attempt to create “fully remote” businesses. The premise is simple; operate with all your leaders and employees working remotely, sometimes all over the world, to cut costs and broaden your potential employee pool.

Startup 125

Startup Reputation United States Business Model 125

YoungUpstarts

MAY 1, 2018

You could answer “Yeah, but we can ‘take notes'” The employees don’t remember how to hold a pen this far. Most of their business models wouldn’t be possible without it. Now imagine a factory without systems for 12 hours. They won’t sell for a whole day?

Cloud 124

Cloud Software Development Software Developers Hosting 124

ReadWriteStart

APRIL 8, 2023

Automation, Chatbots, AR, and AI Reign: the Future is Already Here Read more: 5 Reasons Why AR is the Future of Online Shopping Automation makes business operations flow smoothly without encountering technical difficulties. It also improves employees’ productivity by allowing them to focus on vital business operations.

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

Steve Blank

JUNE 26, 2015

The first, the notion of the “ ambidextrous organization ” from O’Reilly and Tushman , posits that companies that want to do continuous innovation need to execute their core business model while innovating in parallel. Horizon 1 activities support existing business models. Horizon 1 is the company’s core business.

Lean 120

Lean Management Business Model Incubator 120

Steve Blank

SEPTEMBER 1, 2021

Try innovating inside a large company where 99% of the company is executing the current business model, while you’re trying to figure out and build what comes next. And they also recognize that simply exploiting their existing assets, capabilities, and business models is insufficient for long-term survival.

Incubator 420

Incubator Lean Agile Business Model 420

Startup Lessons Learned

MAY 7, 2009

Initially, IMVU sought to quickly build a product that would prove out the soundness of their ideas and test the validity of their business model. We eventually discovered (via five whys ) that we also had to get each new employee acculturated to a fearless way of thinking. Either way, well learn something interesting."

San Francisco 131

San Francisco Continuous Deployment Software Review Lean 131

Startup Lessons Learned

APRIL 14, 2009

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) Go on an agile diet quickly. Great post! You do a great job articulating. Expo SF (May.

Customer 167

Customer San Francisco Lean Hockey Stick 167

YoungUpstarts

JULY 30, 2015

To start with, micro-multinationals are small- to medium-sized enterprises (SMEs) by definition – a critically important part of the global economy that makes up about 90 percent of all businesses [4] , more than 99% of all employer firms [5] and more than 50 percent of employment worldwide [6]. Some will go bust or be bought out.

Dominican Republic 100

Dominican Republic Global San Francisco Arizona 100

YoungUpstarts

APRIL 19, 2019

Management consulting firms, such as McKinsey, Boston Consulting Group, and Bain, exist to solve business problems. As Harvard professor Clayton Christensen recently observed, “Management consulting’s fundamental business model has not changed in more than 100 years. Outside of their domain, experts make problems worse.

Non-Compete 113

Non-Compete Vesting Boston Agile 113

Hearpreneur

OCTOBER 10, 2023

2- Yes, to build a customer-centric business model Photo Credit: David Brewer We based and built it around the idea that our industry could, and should do better and that was the model that we were going to implement that idea as our core objective. Thanks to Evan Tunis, Florida Healthcare Insurance ! #2-

Business Plan 143

Business Plan Jordan Entrepreneur Florida 143

Steve Blank

MAY 7, 2019

Modern entrepreneurship began at the turn of this century with the observation that startups aren’t smaller versions of large companies – large companies at their core execute known business models, while startups search for scalable business models. This new framework can act as the front-end of Customer Development.

Lean 335

Lean Marketing Agile Customer Development 335

Startup Lessons Learned

OCTOBER 6, 2008

Lessons Learned by Eric Ries Monday, October 6, 2008 When NOT to listen to your users; when NOT to rely on split-tests There are three legs to the lean startup concept: agile product development , low-cost (fast to market) platforms , and rapid-iteration customer development. Thats what business is designed to do. . Expo SF (May.

San Francisco 128

San Francisco Lean Continuous Deployment Agile 128

Steve Blank

JANUARY 4, 2010

They used Customer and Agile development to search for a scalable and repeatable business model to become a large company. They hired a world-class team with co-founders and early employees who shared their vision. After that, there was no doubt to existing employees and new hires what the company was aiming for.

Hockey Stick 304

Hockey Stick Venture Capital Startup Cofounder 304

Hearpreneur

SEPTEMBER 22, 2021

Tesla Tesla invented a successful business model for bringing compelling electric cars to the market. As we continue to work from home, it has become an essential tool for remote employees. For me, it's a live example of agile and sustainable business. It is also one of my most admired companies.

Technical Review 139

Technical Review Entrepreneur Software Review SEO 139

Steve Blank

APRIL 7, 2020

The classes are built on the Lean Startup methodology: Customer Discovery, Agile Engineering and the Business/Mission Model Canvas. Your Business Model and the World Have Changed. If you’re business model still looks like your original assumptions a month ago, you’ve been living under a rock.

Customer 423

Customer Business Model Restful Video 423

Steve Blank

MAY 10, 2010

The skills required when they were an 8-person startup trying to “search for the business model” wasn’t the same set of skills needed now that they were a 70-person company “executing the business model.” I’ve been bouncing some ideas about a company with some fellow employees who feel the same way.

Engineer 299

Engineer Business Model Programming Finance 299

Startup Professionals Musings

JULY 20, 2022

Look outside your industry for new technologies and models. Entrepreneurs are always looking for breakthroughs and business models in other industries that can be adapted to a new one. Don’t count on good employees grown internally, and don’t make it only a sporadic effort. The possibilities are endless.

Silicon Valley 367

Silicon Valley Artificial Inteligence Global Agile 367

Steve Blank

APRIL 11, 2018

In this case the entrepreneurs know something potential employers don’t – that nowhere on their resume does it show resiliency, curiosity, agility, resourcefulness, pattern recognition, tenacity and having a passion for products. There was little loss when they missed hiring employees who had entrepreneurial skills.

Entrepreneur 336

Entrepreneur Business Model Capital Gains Aggregator 336

Steve Blank

JANUARY 14, 2010

If you read the academic literature or business press, you might believe that large companies and their business models are brought by the stork. This series of posts are going to offer a new three-stage model of how startups grow into large companies. would be inside the box to the left.

Laos 295

Laos Startup Business Model Early Stage 295

Steve Blank

AUGUST 5, 2013

Lean Start-up Connection: Business Model Canvas. From day one, we knew our biggest cost would be hiring more employees, but we didn’t know exactly how much it would cost to enter each new market (ex: smartphones, then mountain bikes, then business schools, etc.). Staying Agile. An Untested Hypothesis.

Lean 303

Lean Agile Customer Development SEO 303

Startup Professionals Musings

JUNE 10, 2020

Every investor can recite examples of passionate entrepreneurs who seek funding for a worthy cause, like feeding the hungry, without a real business case for who will pay. Team members oblivious to business success or failure. High employee turnover and poor employee morale.

Advisory Board 283

Advisory Board Due Diligence Retention Agile 283

Up and Running

AUGUST 8, 2018

This article, which originally appeared on our LivePlan Blog , is part of our “Business Planning Guide” —a curated list of our articles that will help you with the planning process! Too many meetings are run poorly, have no real objective, and waste employees’ time—which kills productivity. They’re right. Long range goals and strategy.

Software Review 65

Software Review Business Plan Product Forecast 65

Steve Blank

JULY 29, 2013

Its goal is to take the original idea and search for a repeatable and scalable business model - first by finding product/market fit, then by testing all the parts of the business model (pricing, channel, acquisition/activation, partners, costs, etc.). This is the group who will build the company.

Cofounder 335

Cofounder Advisory Board Customer Development Leadership 335

Steve Blank

JULY 25, 2011

Fifteen months later eight of Shockley’s employees (three physicists, an electrical engineer, an industrial engineer, a mechanical engineer, a metallurgist and a physical chemist) founded Fairchild Semiconductor. Large companies execute known business models. At the time it didn’t appear earthshaking or momentous.

Engineer 314

Engineer Silicon Valley United States Venture Capital 314

Mike Michalowicz

NOVEMBER 19, 2018

This includes continuously investing in research to determine if a new prospect fits the company’s business model, desires, and risk tolerance. Linda Murphy encourages Healthcare Staffing Firms to maintain an agile mentality to maintain innovation. We are afraid to raise our prices due to the fear of loss of a long-time client.

CPA 76

CPA Ohio Omaha Reputation 76

YoungUpstarts

NOVEMBER 26, 2020

by Hema Crockett and Jamie Jacobs, co-founders of Gig Talent and authors of “ Designing Exceptional Organizational Cultures: How to Develop Companies where Employees Thrive “ We’re seeing it happen day by day. In addition, employees have had to learn how to navigate a new and unfamiliar structure.

Cofounder 246

Cofounder Hiring Agile Employee 246

Altgate

SEPTEMBER 16, 2010

But did you know that founder Markus Frind has just 3 employees for his $10MM+ revenue business? You should keep your employees as 1099s as long as possible (there are state and federal guidelines on this that your accountant will help you comply with). He basically outsources everything. Sure Payroll is a good service.

Software Review 65

Software Review Offshore Startup Boston 65

Startup Professionals Musings

SEPTEMBER 13, 2023

Even these have had their ups and downs, but credit their team culture with a mindset of being innovative and agile, compared to the more prevalent corporate culture of focus on profits, repeatable processes, minimal risk, and business as usual. Transform employee mindsets from inside-out.

Agile 294

Agile Acquisition Analytics Restful 294