Steve Blank

MAY 23, 2016

Established businesses execute business models while startups search for them. I was a lone voice inside one of the country’s leading business schools challenging the conventional wisdom of the last 40 years, proposing that everything we were teaching about starting companies was wrong.

Lean 224

Lean Technical Review Vietnam Engineer 224

YoungUpstarts

MAY 9, 2017

Lean is a methodology that can be applied to all disciplines of knowledge work to increase business efficiency, agility, and visibility. Research shows that 95% of organizations do not start as Lean organizations – they implement Lean after identifying a need for better agility, visibility, and efficiency. 9 Reduced Costs.

Lean 124

Lean Agile Technical Review Dilution 124

Up and Running

AUGUST 17, 2020

As a small business owner, in order to compete with the big players, you need to be able to sell like them. Typically this means investing in sales technology that makes you more agile and is easily scalable as you drive long-term growth. Remember to review your business plan , financial forecasts , and current cash position.

Software Review 113

Software Review Software Sales Small Business 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

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 326

Search Business Model Customer Development Agile 326

Steve Blank

SEPTEMBER 6, 2012

I wondered if business plans and 5-year forecasts were the right way to plan a startup. Experienced entrepreneurs kept finding that no business plan survived first contact with customers. Filed under: Business Model versus Business Plan , Customer Development , Lean LaunchPad.

Lean 324

Lean Georgia Michigan Business Model 324

Steve Blank

JUNE 18, 2013

I wondered if business plans and 5-year forecasts were the right way to plan a startup. It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models. We were putting the plan before the planning.

Lean 295

Lean Agile Customer Development Business Model 295

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 318

Wiki Lean Management Business Model 318

Startup Lessons Learned

JUNE 5, 2009

Certainly venture-backed startups don’t have this luxury – every business plan has a model in it. Companies that reliably fail to make their forecasted numbers are exceptionally prone to “management retooling.&# Just because entrepreneurs tend to forget about these models doesn’t mean their investors do.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Steve Blank

JULY 28, 2011

From the point of view of scientists and engineers in a university lab, too often entrepreneurship in all its VC-driven glory – income statements, balance sheets, business plans, revenue models, 5-year forecasts, etc. And they’ll do this using the business model / customer development / agile development solution stack.

Engineer 287

Engineer Silicon Valley United States Intellectual Property 287

Steve Blank

JANUARY 10, 2011

The revenue plan had the new product baked into the numbers and it was clear that this division General Manager was going to crater his forecast (happens all the time, nothing new here.) They realized that conditions change so rapidly that the original business plan hypotheses becomes irrelevant. Lessons Learned.

Forecast 271

Forecast Agile Founder Revenue 271

Steve Blank

JUNE 18, 2013

I wondered if business plans and 5-year forecasts were the right way to plan a startup. It dawned on me that the plans were a symptom of a larger problem: we were executing business plans when we should first be searching for business models. We were putting the plan before the planning.

Lean 187

Lean Agile Customer Development Business Model 187

Up and Running

JANUARY 9, 2017

Formulating a development plan. Outlining a marketing and sales plan for the new offering. Create an action plan. An action plan is an essential part of the business planning and strategy development process. An action plan needs to be a working document; it must be easy to change and update. .

Tennessee 60

Tennessee Forecast Agile Programming 60

Steve Blank

SEPTEMBER 3, 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. The plan calls for selling in volume the day Engineering is finished building the product. What plan says that?

Customer Development 229

Customer Development Developer Silicon Valley Customer 229

Up and Running

JULY 2, 2020

Being ready, willing, and able to adapt and improvise is what’s going to keep your business healthy, lean, and agile. Revisit and update your business plan for guidance and to ensure your initial goals and OKRs make sense. At the same time, it’s important to be patient.

Startup 190

Startup Forecast Agile Demand 190

YoungUpstarts

OCTOBER 17, 2019

This means doing some homework first, not only in the form of market research, but even more importantly, by creating a business plan. A delivery business that remains agile in a crowded market has the potential for exponential growth. Extend your Reach without Expanding your Fleet. .

Forecast 124

Forecast Agile Demand Matching 124

Startup Lessons Learned

JULY 6, 2011

Most of our management tools, like planning and forecasting, require a long and stable operating history. It enables a company to shift directions with agility, altering plans inch by inch, minute by minute. I believe entrepreneurship is the management discipline that deals with the domain of extreme uncertainty.

Lean 167

Lean Startup Metrics Private Equity 167

Up and Running

DECEMBER 5, 2016

Lean Planning is a concept that we introduced back in 2012 as an evolution in business planning. The traditional business plan just wasn’t fitting the needs of modern, fast-moving companies and it was time to bring more of a scientific approach to business planning. It starts with “Plan-As-You-Go”.

Lean 60

Lean Silicon Valley Business Model Forecast 60

Women Entrepreneurs Can

JANUARY 13, 2025

This evolution ensures that business decisions are not only informed but also aligned with the companys overarching mission and objectives while facilitating agile responses to market and consumer demands.

Analytics 40

Analytics Artificial Inteligence Metrics Forecast 40

Up and Running

OCTOBER 1, 2014

If not, be agile enough to change direction and re-focus,” Nelson advises. This is a process she went through first hand, deciding on the fresh direction for her business as they went into development a new product. Plan ahead. They are, so get out there and go talk to them,” she states.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Growthink Blog

SEPTEMBER 11, 2016

CCS Insights forecasts that 411 million smart wearable devices, worth a staggering $34 billion, will be sold in 2020 (up from 274 million this year). In his words, he focuses on the intersection of “Mobile + Digital + Apps + IoT + Wearables + UX + Cloud + Enterprise + Monetization + Government + Agile.”

Silicon Valley 48

Silicon Valley Forecast Cofounder Agile 48

Women Entrepreneurs Can

MARCH 13, 2025

Investing in machine learning algorithms can provide businesses with demand forecasting capabilities, allowing them to adjust production schedules to meet shifting market conditions. A cloud EDI solution provides a more agile, cost-effective alternative. Future-proofing also means adapting to changing consumer expectations.

Artificial Inteligence 40

Artificial Inteligence Cloud Agile Technical Review 40