Steve Blank

SEPTEMBER 5, 2018

Reading the NY Times article “ Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture, ” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital. ” Fire, Ready, Aim.

Lean 335

Lean Burn Rate Startup IPO 335

Startup Professionals Musings

MAY 15, 2022

Successful startups seem to follow similar paths to greatness, and unfortunately all too often that path leads them back down the hill much faster than they went up. By definition, most startups begin as a result of some innovation in product, process, or service. The challenge during this phase is to stay innovative and agile.

Dilution 355

Dilution Startup Merger Flash 355

Steve Blank

MARCH 15, 2017

I was having a second coffee with an ex student, now the head of a marketing inside a rapidly growing startup. His company had marched through customer discovery, learning about the customer problem, validated solutions and was now scaling sales and marketing. Titles in a startup are not the same as what your job is.

Startup 329

Startup PR Public Relations Channel 329

Steve Blank

SEPTEMBER 3, 2014

A startup is not just about the idea, it’s about testing and then implementing the idea. I was driving home from the BIO conference in San Diego last month and had lots of time for a phone call with Dave, an ex student and now a founder who wanted to update me on his Customer Discovery progress. Customer Discovery. The Problem.

Cofounder 336

Cofounder Founder Technical Cofounder Coder 336

Startup Professionals Musings

FEBRUARY 1, 2020

Business agility is defined as the ability to adapt rapidly and cost efficiently. Today’s customers are much more proactive in going online for the latest information, rather than simply reacting to the “push” messages that businesses traditionally use to drive commerce. It all starts with agile leadership.

Agile 315

Agile Technical Review Leadership Social Media 315

Startup Professionals Musings

FEBRUARY 11, 2018

Business agility is defined as the ability to adapt rapidly and cost efficiently. Today’s customers are much more proactive in going online for the latest information, rather than simply reacting to the “push” messages that businesses traditionally use to drive commerce. It all starts with agile leadership.

Agile 172

Agile Technical Review Leadership Social Media 172

Steve Blank

APRIL 16, 2013

It was not only my secret weapon in thinking about new startup strategies, it also gave me a view of the management issues my customers were dealing with. As much as I loved the magazine, there was little in it for startups (or new divisions in established companies) searching for a business model.

Technical Review 331

Technical Review Lean Venture Capital Customer Development 331

SoCal CTO

FEBRUARY 13, 2013

The second bullet, getting feedback from customers is most often not valid either. Even with these, you will have paper-tested your MVP, but the reality is that customers will not be able to assess the value to them until they actually use it. The real reason to build an MVP is to do early tests of key Startup Metrics for the business.

Technical Cofounder 338

Technical Cofounder Technical Review CTO Hire Fractional CTO 338

ReadWriteStart

APRIL 24, 2021

At the same time, leaders are also looking towards acquiring that entrepreneur Agility. Thus, many have been fostering Agile thinking and mindset within their teams. The four Agile values, defined in the Agile Manifesto, deliver value to the customer, responsiveness to change, effective communication, and people centricity.

Agile 146

Agile SCRUM Technical Review Management 146

The Startup Magazine

FEBRUARY 16, 2022

DataRails , the financial analysis and reporting software startup, has announced the hiring of David Rosenberg as the company’s new VP of customer success. In his 17-year career, Rosenberg has developed key insights into the minds of CFOs and FP&A teams, with strengths in both customer-facing leadership and data analytics itself.

Hiring 172

Hiring Software Review Customer Israel 172

Steve Blank

SEPTEMBER 16, 2014

How do you figure out what’s the right mix of skills for the co-founders of your startup? I was having breakfast with Radhika, an ex-grad student of mine who wanted to share her Customer Discovery progress for her consumer hardware startup. I told Radhika this is a perennial question for startups. ——-.

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

Startup Professionals Musings

JANUARY 6, 2023

Many passionate entrepreneurs fight to add more features into their new products and services, assuming that more function will make the solution more appealing to more customers. Focus is the art of limiting your scope to the key function that really matters for the majority of customers. It’s tough for an elephant to be agile.

Startup 287

Startup Bandwidth Distribution Agile 287

The Startup Magazine

JANUARY 25, 2024

A path filled with innovation and potential awaits you as you navigate the startup landscape. In this investigation, we uncover five critical factors to think about when deciding on the finest project management framework for startups. In the midst of all the fun, though, the requirement of good project management starts to stand out.

Framework 158

Framework SCRUM Management Agile 158

Startup Professionals Musings

OCTOBER 14, 2022

For early-stage startups, the goodwill component can easily exceed the size of all the financial elements together, or can just as easily mark a company with good financials as not investable. For startups, the entrepreneur and founder is almost always the face of the company. Focus on talent and people growth.

Technical Review 323

Technical Review Due Diligence Valuation Leadership 323

Startup Professionals Musings

JANUARY 15, 2020

For early-stage startups, the goodwill component can easily exceed the size of all the financial elements together, or can just as easily mark a company with good financials as not investable. For startups, the entrepreneur and founder is almost always the face of the company. Focus on talent and people growth.

Valuation 311

Valuation Technical Review Due Diligence Leadership 311

VC Cafe

JULY 26, 2020

VC’s were no longer insisting that startups spend faster, and “swing for the fences”. It was a nuclear winter for startup capital.” ” Steve Blank, “Is the lean startup dead?” ” The Lean Startup movement started out of necessity. Agile Development: launch an MVP early and iterate quickly.

Lean 214

Lean Seed Capital Startup Burn Rate 214

The Startup Magazine

DECEMBER 26, 2021

Customer experience (CX) approaches in particular have had to develop and evolve rapidly over the last year – something which has benefitted startups and small enterprises who are able to move with agility to shift and flex to changing customer attitudes and expectations.

Startup 167

Startup Analytics Agile Software Review 167

Steve Blank

SEPTEMBER 5, 2013

Over the last three years our Lean LaunchPad / NSF Innovation Corps classes have been teaching hundreds of entrepreneurial teams a year how to build their startups by getting out of the building and testing their hypotheses behind their business model. The next customer segment we tried was startup founders. Wireframes.

Lean 322

Lean Customer Development Sales Cycle Business Model 322

Steve Blank

APRIL 3, 2018

Others join startups to strike out on their own. But I remind them that customers don’t ask for your transcript. Most great technology startups – Oracle, Microsoft, Apple, Amazon, Tesla – were built by a team led by an entrepreneur.

Technical Review 335

Technical Review Entrepreneur Artificial Inteligence Cofounder 335

Startup Professionals Musings

MAY 6, 2020

I’m sure all of you are convinced that your new business will create the next trend and ride the wave to success, but the reality is that most startups fail , so anticipating future trends is clearly harder than it seems. Smart entrepreneurs continually test their perceptions against those of customers, outside leaders, and experts.

Agile 310

Agile Social Media Reputation Restful 310

Startup Professionals Musings

AUGUST 26, 2015

Business agility is defined as the ability to adapt rapidly and cost efficiently. Today’s customers are much more proactive in going online for the latest information, rather than simply reacting to the “push” messages that businesses traditionally use to drive commerce. It all starts with agile leadership.

Agile 120

Agile Technical Review Leadership Social Media 120

YoungUpstarts

JANUARY 29, 2020

Israeli startups have gained international recognition as cutting-edge enterprises with game-changing potential. Namogoo.com offers additional protections to companies to eliminate malware and invasive ad injections, to enhance the customer experience, and improve KPIs in conversion rates.

Cofounder 147

Cofounder Software Review Israel Technical Cofounder 147

A Smart Bear: Startups and Marketing for Geeks

OCTOBER 4, 2017

“Founder trouble” is a leading cause of startup death (though data also show that companies with only one founder are more likely to fail , so the conclusion is just that startups are just always likely to fail!). A new feature that helps you land just a few new customers this month is worth doing. Predictability.

Government 223

Government Startup Cofounder Technical Support 223

Steve Blank

JUNE 26, 2014

We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad class uses the three “ Lean Startup ” principles: Alexander Osterwalders “ business model canvas ” to frame hypotheses. Customer Segments change over time.

Intellectual Property 290

Intellectual Property Lean IP Open Source 290

Startup Professionals Musings

DECEMBER 27, 2019

Every new business dreams of growing from a startup to a global market leader in a few years, like Amazon.com, but that goal is elusive. My simple answer is that they keep their focus on customers, rather than technology. Jeff Bezos has kept his focus on customers. Practice continuous bar-raising for your talent pool.

Global 308

Global Marketing Technical Review Algorithm 308

The Startup Magazine

JANUARY 5, 2021

Business startups need a tool that can help them increase customer intelligence for increased sales and revenue if they have to grow fast amidst stiff competition. This is why many business startups are scrambling for the right CRM tools in the market. Increased Agility. This is a clear innovation in startup development.

Campaign 158

Campaign Startup Agile Technical Support 158

Both Sides of the Table

MAY 27, 2013

Partly out of the fact that in 1 week I depart for England to speak at LeWeb, attend our DataSift board meeting and generally make myself available to the DataSift team to meet their customers, partners and employees. He sets goals for revenue diversification (can’t get all revenue from few customers or few partners).

Advisory Board 365

Advisory Board CTO Hire Fractional CTO Los Angeles 365

Startup Lessons Learned

DECEMBER 14, 2017

Guest Post by Misti Yang, Writer for Lean Startup Co. Editor’s Note: We wrapped up the 2017 Lean Startup Week in San Francisco just a few weeks ago, and we’re excited to share with you some of the best lessons learned in entrepreneurship and corporate innovation. Because these Lean Startup people, they do crazy stuff,” Alex joked. “So

Lean 245

Lean Startup CTO Hire Cofounder 245

ReadWriteStart

OCTOBER 20, 2023

New startups are created every day – each with fresh ideas and solutions. However, the reality is stark: up to 90% of startups fail, with the average failure rate for the first year standing at 10%. Understanding the Tech Startup Landscape The tech industry today is a mixed bag of opportunities and obstacles.

Technical Review 137

Technical Review Startup Silicon Valley Agile 137

Startup Professionals Musings

DECEMBER 17, 2014

Many passionate entrepreneurs fight to add more features into their new products and services, assuming that more function will make the solution more appealing to more customers. Focus is the art of limiting your scope to the key function that really matters for the majority of customers. It’s tough for an elephant to be agile.

Bandwidth 262

Bandwidth Distribution Agile Social Media 262

Steve Blank

OCTOBER 15, 2019

Once upon a time every great organization was a scrappy startup willing to take risks – new ideas, new methods, new customers, targets, and mission. What had previously been a strength – their great management processes – now holds back their ability to respond to new challenges. Companies Run on Process. Process Versus Product.

Government 322

Government Technical Review Acquisition Metrics 322

YoungUpstarts

JUNE 27, 2017

Startups typically lack the resources of larger organizations – cash, staff, and huge marketing budgets. Customer support is one venue where start-ups can differentiate themselves from their larger competitors. So what does great tech support mean and how can you use it to acquire customers and generate new opportunities?

Startup 182

Startup Agile Differentiation Software 182

ReadWriteStart

DECEMBER 8, 2023

According to Gergo Vari, the founder of Lensa, if your startup is ready to ride the metaverse wave, staying informed and investing in the skills and expertise needed for this new era are crucial. Adapting to emerging trends and staying agile will be crucial for startups as the metaverse grows.

Technical Review 133

Technical Review Generative AI Startup Agile 133

YoungUpstarts

NOVEMBER 12, 2020

Yet despite the overarching negative outlook, startups seem to be weathering the storm. Quartz mentions that startups seem to be dealing with the pressures of the pandemic far more effectively than larger businesses and conglomerates. Much of this success is due to the flexibility of startups and their ability to adapt.

Bankruptcy 165

Bankruptcy Startup Agile Technical Review 165

The Startup Magazine

APRIL 14, 2022

While certain aspects of setting up a startup can be exhilarating, especially in the early stages of the business, there are also plenty of bumps along the road, big and small. So, before you start your startup and invest your time and money in it, you have to ensure your startup does not fail. Image Source. Focus on marketing.

Startup 173

Startup Early Stage Naming Public Relations 173

The Startup Magazine

JULY 9, 2020

Since, mobile phones are becoming more and more accessible, new ways to swoon your customers over pop up. Get your business a website and make it look unique to attract more leads into becoming customers. This will not only help your customers feel heard, but it will also help your voice reach out to newer markets. com” today.

Customer 144

Customer Social Media Marketing Web Development 144

Steve Blank

OCTOBER 24, 2017

. — Unremarked and unheralded, the balance of power between startup CEOs and their investors has radically changed: IPOs/M&A without a profit (or at times revenue) have become the norm. The startup process has become demystified – information is everywhere. People had to actually pay you for your product. Board Control.

Founder 281

Founder Technical Review CTO Hire IPO 281