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The Man Who Shot Liberty Valance I always had been curious about how SiliconValley, a place I had lived and worked in, came to be. The Man Who Shot Liberty Valance I always had been curious about how SiliconValley, a place I had lived and worked in, came to be. How did SiliconValley start?
Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Product Development – Getting Funded as The Goal In a traditional product development model, entrepreneurs come up with an idea or concept, write a business plan and try to get funding to bring that idea to fruition.
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 agiledevelopment. Part 4 of the CustomerDevelopment Manifesto to follow.
My first job in SiliconValley: I was hired as a lab technician at ESL to support the training department. It makes you appreciate that the SiliconValley technology-centric culture-bubble has little to do with the majority of Americans.) You’re Hired, You’re Fired. Driving across the U.S. I was stunned.
—————- The next piece of the Secret History of SiliconValley puzzle came together when Tom Byers , Tina Selig and Mark Leslie invited me to teach entrepreneurship in the Stanford Technology Ventures Program ( STVP ) in Stanford’s School of Engineering. What Does WWII Have to Do with SiliconValley?
We taught them the business model / customerdevelopment / agiledevelopment solution stack. This methodology forces rapid hypothesis testing and CustomerDevelopment by getting out of the building while building the product. After 7 weeks they returned to SiliconValley for their final presentations.
CustomerDevelopment ) to help you quickly recognize and reverse any incorrect decisions. That’s why startups are agile. Startups that are agile have mastered one other trick – and that’s Tempo – the ability to make quick decisions consistently over extended periods of time.
For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of CustomerDevelopment , AgileDevelopment and if available, open platforms and open source. The CustomerDevelopment process (and the Lean Startup) is one way to do that.
Here’s the course announcement from Professor Vergara (in English): CustomerDevelopment Course in Chile – Lean Launchpad. The objective of this course is that groups of students finish with a completed software product that has real customers and an identified market.
He’s as good as any startup CEO in SiliconValley. Working with him, I’ve been impressed to watch his small team embrace CustomerDevelopment (and Business Model Generation ) and search the world for the right product/market fit. Corporate elephants can dance. So why this post? They will build the sales team that follows.
After these slides, these VC’s recognized that this company had dramatically reduced risk and built a startup that was agile, resilient and customer-centric. The presentation didn’t have a single word about Lean Startups or CustomerDevelopment. Your “CustomerDevelopment Process&# has really resonated for me.
Agile – you may find the real opportunities for your company was somewhere else. However, you will be dealing with almost daily change, (new customer feedback/insights from a CustomerDevelopment process and technical roadblocks ,) as the company searches for a repeatable and scalable business model. Order Here.
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. I coach agile teams for a living, and I do most of my work with start-ups. Steve Blanks 30 years of SiliconValley startup advice.
The mantra of “ first mover advantage ,” the idea that winners are the ones who are the first entrants in their market, became the conventional wisdom of investors in SiliconValley.“ First Movers” didn’t understand customer problems or the product features that solved those problems (what we now call product-market fit).
Two years out of the Air Force, serendipity (which would be my lifelong form of career planning) found me in SiliconValley working for my first company: ESL. If you are a practitioner of CustomerDevelopment, ESL was doing it before most us were born. Fred Terman Sent Us In 1953 the U.S.
But what I wanted was an agile marketing team capable of operating independently without day-to-day direction. Steve Blanks 30 years of SiliconValley startup advice. The first reaction from my CEO was, “that’s why you’re running the department.” And yes, we could have built a top-down, command-and-control hierarchy. Order Here.
The answer depends on your answer to two questions: which step in the CustomerDevelopment process are you on? CustomerDevelopment and Selling Strategy If you’ve just started your company you are in customer discovery. Hiring a VP of Sales in customer discovery typically sets a startup back. Order Here.
Eric was the very first practitioner of my CustomerDevelopment methodology which became the core of the the Lean methodology. Back in 2004 when Eric and his IMVU co-founder Will Harvey approached me about investing in IMVU, I agreed on one condition – they had to take my CustomerDevelopment class at UC Berkeley Haas Business School.
This was followed by an 8-minute slide presentation describing their customer discovery journey over the 10 weeks. While all the teams used the Mission Model Canvas , (videos here ), CustomerDevelopment and Agile Engineering to build Minimal Viable Products, each of their journeys was unique. He runs H4X Labs.
One part of SiliconValley culture that doesn’t get enough credit is the generosity of entrepreneurs and VC’s who are willing to share their time with students. For example, when we taught the value of getting out of the building and agiledevelopment, we had Eric Ries talk about the Lean Startup.
Starting in the 1950’s, Stanford’s engineering department became “outward facing” and developed a culture of spinouts and active faculty support and participation in the first wave of SiliconValley startups. At the same time Berkeley was also developing Cold War weapons systems. See the presentation here.).
Here at Palo Alto Software in 2007 and 2008, we embraced these planning concepts and moved towards a more agile planning process. This form of planning condensed the business model onto one page and is most useful for high-growth, technically focused startups (think SiliconValley). What do you need to do to get your doors open?
Everyone should be articulate and agile in describing and demoing the products.) Steve Blanks 30 years of SiliconValley startup advice. For bigger booths a good rule of thumb is to have two to four staffers for every 100 square feet of exhibit space. Even for the smallest trade show, no one shows up without booth training.
This was followed by an 8-minute slide presentation describing their customer discovery journey over the 10-weeks. All the teams used the Mission Model Canvas , (videos here ) CustomerDevelopment and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique. He runs H4X Labs.
Luckily (or maybe because we were in SiliconValley where there was a domain expert for everything) there was a very smart consultant in the retail computer space, Seymour Merrin, who preached about the importance of packaging. Hopefully you and your co-founders are experts in one or two parts (agiledevelopment, SEO/SEM, etc.)
This post describes a solution – the CustomerDevelopment Model. In future posts I’ll describe how Eric Ries and the Lean Startup concept provide the equivalent model for product development activities inside the building and neatly integrates customer and agiledevelopment.
The Ultimate Combination of Startup Business Development Methods - ArcticStartup , November 16, 2010 I've been a huge fan of Steven Blank's CustomerDevelopment methodology for a long time. Build Your Own SiliconValley? Your First Iteration of an Idea Will Be Wrong. What went wrong?
As Eric puts it in the webcast, “I’ve met now the CEOs of some of the biggest companies in the world, and I still spend time with the CEOs of high-growth SiliconValley companies from the garage on up, and what all those people have in common is that they are seeking out sources of sustainable growth….
This post describes how the traditional product development model distorts startup sales, marketing and business development. 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 agiledevelopment.
customerdevelopment. agile engineering. Some general customerdevelopment slides click here. Called “ How to Build a Startup: The Lean LaunchPad ,” it walks you through the Business Model Canvas and an overview of the customerdevelopment process. Visitors Guide to SiliconValley.
In future posts I’ll describe how Eric Ries and the Lean Startup concept provided the equivalent model for product development activities inside the building and neatly integrates customer and agiledevelopment. While that’s not true, it is a fact that entrepreneurs only have one word for “startup.” .
Funded by military contracts, these 1950′s microwave tube startups would help build SiliconValley’s entrepreneurial culture and environment. Steve Blanks 30 years of SiliconValley startup advice. Why Electronics Intelligence? Order Here. To Order Outside of the U.S. Now In Print!
At Stanford, Ann Miura-Ko and I have been working on a simplified SiliconValley version of this model. Your job as a founder is to quickly validate whether the model is correct by seeing if customers behave as your model predicts. Most of the time the darn customers don’t behave as you predicted.
Funded by military contracts these 1950′s startups would help build SiliconValley’s entrepreneurial culture and environment. Air Force also needed improvements in frequency agility to protect its cold war bombers. Frequency agility can be best described by what happened over Germany in WWII.
The signals are loud and clear : seed and late stage valuations are getting frothy and wacky, and hiring talent in SiliconValley is the toughest it has been since the dot.com bubble. CustomerDevelopment , Agile Engineering and the Lean methodology enforced a process of incremental and iterative development.
You don’t get grades for having resiliency, curiosity, agility, resourcefulness, pattern recognition and tenacity. From the king of customerdevelopment, Steve Blank: [.] Steve Blanks 30 years of SiliconValley startup advice. You just get successful. Sometimes they just drop out and do their own thing.
Scientists and engineers as founders and startup CEOs is one of the least celebrated contributions of SiliconValley. ESL, the first company I worked for in SiliconValley , was founded by a PhD in Math and six other scientists and engineers. Why It’s “Silicon” Valley. It might be its most important.
I think you can blame Customer and AgileDevelopment for a small part of it. When I first came to SiliconValley the world of Venture Capital looked pretty simple. VC’s invested in things that ran on electrons: hardware, software and silicon. Quickly iterate the product in front of customers.
A revolution has taken hold as customerdevelopment and agile engineering reinvent the Startup process. SiliconValley, New York). The process they use to guide their search is customerdevelopment. They would: Blog their CustomerDevelopment progress as a narrative. Victor Hugo.
As customer and agiledevelopment reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. SiliconValley, New York). If you’re in a technology cluster like SiliconValley you may be able to attract ad hoc advice from experienced investors.
Listen to the entire interview here: Taking the Lean Startup From SiliconValley to Corporations and the State and Defense Department. 6:22 What’s CustomerDevelopment. 7:11 Agile Engineering – Eric Ries. Or just parts of the interview: 1:20 Failure and Lessons Learned. 10:01 Lean in Corporations.
Everyone I met in this program “gets” the principles of Agile, Lean and CustomerDevelopment big time. Visiting SiliconValley you can’t mistake that its primary business is innovation. The Center for Entrepreneurship in the Engineering School is akin to Stanford’s STVP program.
As customer and agiledevelopment reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. SiliconValley, New York). If you’re in a technology cluster like SiliconValley you may be able to attract ad hoc advice from experienced investors.
SiliconValley was born in an era of applied experimentation driven by scientists and engineers. This approach would shape SiliconValley’s entrepreneurial ethos: In startups, failure was treated as experience (until you ran out of money). Yet this system isn’t perfect. – seems like another planet.
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