Steve Blank

MAY 9, 2017

When the product and channel are bits, adoption by 10’s and 100’s of millions and even billions of users can happen in years versus decades. Continuous innovation requires the imagination and courage to challenge the initial hypotheses of your current business model (channel, cost, customers, products, supply chain, etc.)

Restful 249

Restful Silicon Valley San Jose Puerto Rico 249

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. have product/market fit,) then you invest the dollars to create end user demand and drive those customers into your sales channel.

Lean 264

Lean Silicon Valley Startup RSS 264

Steve Blank

MAY 6, 2015

Best practices in software development started to move to agile development in the early 2000’s. With Agile you could end up satisfying every feature a customer asked for and still go out of business. Learning could be about product features, customer needs, the right pricing and distribution channel, etc.)

Lean 120

Lean Agile Business Model Customer Development 120

Steve Blank

OCTOBER 24, 2017

It’s hard to imagine, but in the 20th century there were no startup blogs or books on startups to read, and business schools (the only places teaching entrepreneurship) believed the best thing they could teach startups was how to write a business plan. The founders.

Founder 281

Founder Technical Review CTO Hire IPO 281

Startup Professionals Musings

DECEMBER 27, 2015

Many of the business plans I have seen as an investor, like trying to integrate all the social media features of Facebook, Twitter, and LinkedIn into a new platform, don’t do it. It’s tough for an elephant to be agile. Focus is the art of limiting your scope to the key function that really matters for the majority of customers.

Startup 120

Startup Bandwidth Distribution Agile 120

Up and Running

MAY 3, 2021

In this piece, we look at how you can start growing your SEO business, from business plans to lead generation. What is an SEO business? As the name suggests, an SEO business is a company or agency that performs SEO services for and on behalf of a brand. How to write an SEO business plan that outlines your goals.

SEO 147

SEO Vertical Metadata Forecast 147

Steve Blank

MARCH 11, 2016

To be honest I built the class out of frustration watching schools teach aspiring entrepreneurs that all they need to know is how to write a business plan or how to sit in an incubator building a product. Diagrams of key parts of the Canvas –customer flow, channel, get/keep/grow (before and after). Pivot stories.

Lean 120

Lean Incubator Business Model Channel 120

Steve Blank

JANUARY 25, 2010

As a founder you start out with: 1) a vision of a product with a set of features, 2) a series of hypotheses about all the pieces of the business model: Who are the customers/users? What’s the distribution channel. How Does Customer Development, Agile Development and Lean Startups Fit? Business Plan Versus Business Model.

Agile 335

Agile Startup Silicon Valley Business Model 335

Steve Blank

MARCH 5, 2012

One of the confusing things to entrepreneurs, investors and educators is the relationship between customer development and business model design and business planning and execution. When does a new venture focus on customer development and business models ? And when do business planning and execution come into play?

Search 327

Search Business Model Customer Development Agile 327

Steve Blank

DECEMBER 7, 2010

There are few courses which teach aspiring entrepreneurs the skills (business models, customer and agile development, design thinking, etc.) Many entrepreneurship courses focus on teaching students “how to write a business plan.” This class is not about how to write a business plan. to optimize this search.

Wiki 319

Wiki Lean Management Business Model 319

Steve Blank

MAY 10, 2011

Many entrepreneurship courses focus on teaching students “how to write a business plan.” Experienced entrepreneurs realize that no business plan survives first contact with customers. is just another engineering process, not building a business. ———. Why Did We Teach This Class? in one quarter. See you there!

Lean 289

Lean Business Model Agile Customer Development 289

Steve Blank

FEBRUARY 16, 2012

The idea of a Business Model competition first emerged when I realized that Business Plan writing ought to be taught in English Departments – as they’re the best example of creative writing entrepreneurs will ever do. The Business Plan ?- And your revenue plan is something more than a hallucination.

Business Model 270

Business Model Customer Development Utah Business Plan 270

Startup Lessons Learned

DECEMBER 14, 2009

A minimum viable product in this category must answer the question: does my media content or channel command the attention of a valuable audience? Startup founders need to use their own judgment to ask: which is the riskiest assumption underlying my business plan? Let’s look at a viral growth company, like Facebook.

Customer 156

Customer San Francisco Viral Lean 156

YoungUpstarts

SEPTEMBER 3, 2018

Then, you draft your business model and plan. First you draft an executive summary of your business plan. Then you write down a brief about your company and business model. Then you decide which development methodology to follow – traditional or agile. It can be either android, iOS or both.

Mobile 113

Mobile Developer Social Media Later Stage 113

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

Software Review 74

Software Review Software Delaware Forecast 74

Steve Blank

NOVEMBER 18, 2010

Notice that the traditional product introduction model leads to a product launch and the execution of a revenue plan. The revenue numbers and revenue model came from a startups original Business Plan. that make up a business model. All of these initial assumptions must be right for the revenue plan to be correct.

Burn Rate 253

Burn Rate Management Business Model Customer Development 253

Steve Blank

MARCH 7, 2012

The class is intensely and deliberately experiential to develop the mindset, reflexes, agility and resilience an entrepreneur needs to search for certainty in a chaotic world. The premise of the class is that startups, are not about executing a plan where the product, customers, channel are known.

Lean 263

Lean Business Model Agile United States 263

Steve Blank

MARCH 11, 2010

Students formed 5-person teams, came up with a business idea then got out of the building to validate their business model. Our goal was not to teach the students to write a business plan nor were we trying to teach them how to give a pitch to VC’s. A Startup is a Search For A Business Model.

Intellectual Property 265

Intellectual Property Business Model Customer Development Distribution 265

Startup Lessons Learned

JUNE 5, 2009

She has a separate team, with its own culture and office, and a mandate straight from top management to innovate without regard to the company’s historic products, channels, or supply chain. Certainly venture-backed startups don’t have this luxury – every business plan has a model in it. So far, so good.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Steve Blank

MAY 29, 2019

Steve Blank: When I first starting teaching, the capstone entrepreneurship class was how to write a business plan. But years ago, we had no alternative – how to write a business plan was it. Distribution channels, brand loyalty, etc. And that’s where the difficulties are.

Incubator 333

Incubator Lean Programming Government 333

The Startup Magazine

SEPTEMBER 4, 2024

Investors frequently require detailed business plans and financial projections from entrepreneurs in order to assess them as potential investments. Startups must remain agile enough to pivot when necessary to overcome these startup challenges, a task which demands strong leadership coupled with an acceptance of uncertainty.

Startup 158

Startup Audience Agile Security 158

ReadWriteStart

AUGUST 17, 2011

Know your business plan is wrong and keep tweaking it in real time. Don't be afraid to make your biz plan a living, breathing entity. Understand your distribution channel, or how you reach your customers. Don't just rely on Facebook friends and other virtual methods in building your channel.

Internet 142

Internet St. Louis New York City Entrepreneur 142

The Startup Magazine

FEBRUARY 14, 2024

The Strategist In the startup world, a strategist is the master of maneuvering through the complexities of business planning and market analysis. Stay Flexible While Maintaining Order Startup culture values agility and adaptability. Therefore, maintaining order and consistency during the hiring process is crucial.

Startup 146

Startup Retention Agile Hiring 146

Steve Blank

JUNE 8, 2009

Customer Development by Vertical - Click to Enlarge (As a reminder, the Customer Development process says your business plan is just a series of untested hypothesis (unless you’re a domain expert.) Some of these are questions that would be addressed in a business plan. Others you need to know when you execute the plan.

Vertical 126

Vertical Silicon Valley RSS Marketing 126

www.readwriteweb.com

OCTOBER 7, 2007

A Word on Strategy Every good business begins with a solid understanding of the proposition and business plan - in short, your strategy. Its worth reading Guy Kawasaki’s 10/20/30 Rule of Powerpoint ; it’ll provide you with an idea of what should be included in your business plan and strategy.

Web 40

Web AJAX Software Review Development Team Review 40

Steve Blank

MARCH 11, 2015

More agile competitors are starting to eat into our business. That means in their core business, large companies have a series of knowns. They’ve learned the best distribution channel to get the product from their company to the customer. Now we’re known for “making the numbers,” living on our past successes.

Widget 120

Widget Lean Business Model Metrics 120

YoungUpstarts

OCTOBER 26, 2017

A successful market intelligence campaign can be the extra ingredient which pushes your business to new levels of success. In fact, keeping a perspective that is wide enough to take in various resources and strategies is key to remaining competitive and agile.

Campaign 113

Campaign Developer Metadata Marketing 113

Steve Blank

AUGUST 31, 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. Given this certainty, it’s logical that a startup will hire a sales and marketing team to simply execute your business plan.

Customer Development 246

Customer Development Developer Customer Silicon Valley 246

Steve Blank

MARCH 26, 2019

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. In my experience, I saw that most business plans don’t survive first contact with customers. As a serial entrepreneur turned educator, this didn’t make sense to me.

Lean 257

Lean Business Model Balance Sheet Video 257

crowdSPRING Blog

FEBRUARY 2, 2015

Just like small businesses, freelancers must engage in marketing, manage payables and receivables and other accounting tasks, perform HR functions, direct production, and plan strategy. Sprint planning. Agile, schmagile. Social Media Content Management. Online Search Ad Management. And pricing?

Small Business 48

Small Business Startup Campaign Social Media 48

Steve Blank

MAY 18, 2009

We agreed that all her founding CEOs seemed to have the same set of personality traits – tenacious, passionate, relentless, resilient, agile, and comfortable operating in chaos. And they have channeled all this into whatever activity they could find outside of their home – sports, business, or …entrepreneurship.

Founder 313

Founder Silicon Valley RSS China 313

Steve Blank

SEPTEMBER 5, 2018

Startups wrote business plans, generated expansive 5-year forecasts and executed (hired, spent and built) to the plan. And enterprise customers in a race to reconfigure strategies, channels, and offerings to deal with disruption provide a willing market for startup tools and services.

Lean 335

Lean Burn Rate Startup IPO 335

ReadWriteStart

MARCH 7, 2022

When messaging an audience online, you could potentially reach billions of people – but that also means you’re opening the door to competitors from all over the world, and potentially millions of different businesses and individuals. Only the most adaptable companies survive. Stay agile to avoid competition.

Marketing 198

Marketing Advertising Metrics Technical Review 198

Startup Lessons Learned

MARCH 13, 2009

Again, its critical to focus your marketing launch on those publications, venues, and channels that your potential partners are paying attention to. Figuring this out takes time, and few entrepreneurs have the patience to wait it out, because the business plan does such a good job of explaining what customers are going to think.

San Francisco 168

San Francisco PR Lean Early Stage 168

Steve Blank

NOVEMBER 1, 2010

With an out-of-this-world business plan. When it was spun out as a a separate company, Iridium’s 1990 business plan had assumptions about potential customers, their problems and the product needed to solve that problem. A Business Plan Frozen in Time. No Business Plan Survives First Contact With A Customer.

Business Plan 335

Business Plan Customer Business Model Customer Development 335

YoungUpstarts

DECEMBER 14, 2017

by Amanda Setili, author of “ Fearless Growth: The New Rules to Stay Competitive, Foster Innovation, and Dominate Your Markets “ Polarization is a common problem for companies trying to make smart and agile strategic decisions. These people were not only business partners, they were friends. and Malaysia.

Agile 113

Agile Malaysia Technical Review Metrics 113

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 Rise of Business Schools – Management as an Occupation. The business school was invented in the first decade of the 20th century in response to a massive economic transformation in the U.S.

Lean 436

Lean Agile Business Model Business Plan 436