Remove Agile Remove Business Model Remove Finance Remove Presentation
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The Lean LaunchPad Class: It’s the same, but different

Steve Blank

The team presentations are at the end of this post. It’s hard to imagine, but only a decade ago, the capstone entrepreneurship class in most universities was how to write – or pitch- a business plan. After painful trial and error, we had discovered that the teaching team could listen to 8 teams present before our brains melted down.).

Lean 257
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How Your Startup Can Compete With the Tech Giants

The Startup Magazine

Things like coding, finance; design and marketing are second-nature in startup as opposed to segmented, corporate work. Due to a small work environment, there is very little paperwork involved in startups, especially in agile development. Adopt an Agile Work Environment. Less Bureaucracy. Streamline Your Project Pipeline.

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14 Entrepreneurs Share Their Views on Writing a Business Plan or Not

Hearpreneur

Writing a business plan is an important tool for businesses, especially small businesses since it helps in setting long-term objectives, outlining strategies, and organizing resources. The business plan serves as a structured blueprint that helps me maintain focus and accountability.

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A New Way to Teach Entrepreneurship – The Lean LaunchPad at Stanford: Class 1

Steve Blank

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. Startups are in fact only temporary organizations, organized to search –not execute–for a scalable and repeatable business model.

Lean 308
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No One Wins In Business Plan Competitions

Steve Blank

At best I think business plan competitions are a waste of time. Business Plan Versus Business Models. Where did the idea that startups write business plans come from? A simple way to think about it is that in a startup no business plan survives first contact with customers. What did you build/do?

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How companies strangle innovation – and how you can get it right

Steve Blank

The new innovation process had lots of paperwork – committees, application forms and presentations, and pitches. One of the quickest ways to sort innovation ideas is to use the McKinsey Three Horizons Model. Horizon 1 ideas provide continuous innovation to a company’s existing business model and core capabilities.

Incubator 320
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Why Uber is The Revenge of the Founders

Steve Blank

— all great things when you are executing and scaling a known business model. Because the new CEO had built a team capable of and comfortable with executing an existing business model, the company would fail or get acquired. A 20th century VC was likely to have an MBA or finance background. Board Control.

Founder 284