Both Sides of the Table

NOVEMBER 1, 2009

I know that this all seems obvious now with the movements started by Steven Blank ( Four Steps of Epiphany ) with the whole Customer Development processes / Lean Startup movements also popularized by people like Eric Ries. Many people at a young startup are trying to manage their finances like the rest of their user base.

Customer 280

Customer Technical Review Software Review Mexico 280

Steve Blank

MAY 9, 2017

A 20 th century VC was likely to have an MBA or finance background. Entrepreneurs first map their assumptions and then test these hypotheses with customers out in the field (customer development) and use an iterative and incremental development methodology (agile development) to build the product.

Restful 249

Restful Silicon Valley San Jose Puerto Rico 249

The Next Web

NOVEMBER 17, 2013

Andrew Schrage , Money Crashers Personal Finance. . Furthermore, they are less agile and have longer product cycles that require more documentation and usage assumptions, which still requires an in-house tech to properly manage. In-house development gives you more day-to-day control, and lean software development is far more feasible.

Developer 145

Developer Hiring Startup LLC 145

Startup Lessons Learned

NOVEMBER 14, 2013

Guest post by Lisa Regan, writer for T he Lean Startup Conference. We’ve posted the full program for The Lean Startup Conference , and it includes more than three days of events for Gold pass holders and six days of events for VIP pass holders. On the evening of December 8, Ignite Lean Startup kicks off the conference.

Continuous Deployment 162

Continuous Deployment Norway Lean Analytics 162

Steve Blank

MAY 10, 2011

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. There was no single class to teach aspiring entrepreneurs all the skills involved in searching for a business model (business model design, customer and agile development, design thinking, etc.) Syllabus is here. This is the End.

Lean 288

Lean Business Model Agile Customer Development 288

Steve Blank

JANUARY 25, 2010

How do we finance the company, etc. How Does Customer Development, Agile Development and Lean Startups Fit? Agile Development is the way startups quickly iterate their product as they learn. This methodology does for startups what the Toyota Lean Production System did for cars.). Where/how do we build the product?

Agile 335

Agile Startup Silicon Valley Business Model 335

Hearpreneur

JUNE 9, 2023

We also run a lean business, with regular budgets and reviews of expenses. Scenario planning, strategic cost management, diversification, flexibility, and agility. When the unexpected happens we can maintain business as usual and don’t have to turn off key functions like marketing and PR.

Entrepreneur 139

Entrepreneur North America Employee Retention 139

Startup Lessons Learned

APRIL 26, 2009

Lessons Learned by Eric Ries Sunday, April 26, 2009 Product development leverage Leverage has once again become a dirty word in the world of finance, and rightly so. Its a key lean startup concept. For example, I recently created a customer validation exercise around the Lean Startup Workshop. Expo SF (May.

Product Development 88

Product Development Developer San Francisco Product 88

Steve Blank

DECEMBER 7, 2010

There are few courses which teach aspiring entrepreneurs the skills (business models, customer and agile development, design thinking, etc.) We’ll build the class around the business model / customer development / agile development solution stack. Include people, hardware, software, prototypes, financing, etc.

Wiki 318

Wiki Lean Management Business Model 318

Steve Blank

MARCH 5, 2012

One of the issues that came up is whether the new lexicon of entrepreneurial ideas – Customer Development, Business Model Design , Lean , Lean LaunchPad class, etc. The processes used to organize and implement the search for the business model are Customer Development and Agile Development. Organization. Instructional Strategy.

Search 326

Search Business Model Customer Development Agile 326

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. 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. Introducing Lean Planning: How to Plan Less and Grow Faster. How to Write a Traditional Business Plan.

Software Review 74

Software Review Software Delaware Forecast 74

Startup Lessons Learned

JULY 6, 2011

The Lean Startup Book is done. If you've been waiting for a comprehensive account of the Lean Startup and how it can help you achieve dramatically better business results, this is it. The Lean Startup is a new approach being adopted across the globe, changing the way companies are built and new products are launched.

Lean 167

Lean Startup Metrics Private Equity 167

Steve Blank

MAY 10, 2010

I didn’t say anything as he continued, “I’m now director of product management, but I think I’m missing stuff I ought to know; finance, marketing, and operations management. Entrepreneurial finance? Agile Development? This Lean startup stuff? The company was now 4-years old and 70+ people, profitable and growing fast.

Engineer 298

Engineer Business Model Programming Finance 298

Altgate

SEPTEMBER 16, 2010

As your business grows, you will likely need more and more time from your accountant and at some point you’ll hire a full time person to handle the day-to-day, likely combined with roles as office manager or finance (not to be confused with accounting). link] fnazeeri I’ve seen it work (and not).

Software Review 65

Software Review Offshore Startup Boston 65

Steve Blank

JULY 25, 2011

In 1960’s and ‘70’s few MBA’s would give up a lucrative career in management, finance or Wall Street to join a bunch of technical lunatics. The Stanford class introduced the first management tools for entrepreneurs built around the business model / customer development / agile development solution stack. there were almost no MBA’s.

Engineer 313

Engineer Silicon Valley United States Venture Capital 313

Steve Blank

JUNE 23, 2016

Second, the leaders of these companies tended to be those who excelled at finance, supply chain or production. But starting in the last quarter of that century and accelerating in this one, a new form of financing – risk capital (angel and venture capital) — emerged. They knew how to execute the current business model.

Architecture 227

Architecture IRR Balance Sheet Liquidity Event 227

Startup Lessons Learned

JUNE 21, 2010

This is why so many small businesses can be financed with simple bank loans; the level of risk and uncertainty is well enough understood that a reasonably intelligent loan officer can assess its prospects. I emphasize this point because it is necessary to motivate large amounts of the theory of the lean startup. Expo SF (May.

San Francisco 168

San Francisco Startup Lean Continuous Deployment 168

The Startup Magazine

JULY 4, 2024

The road for start-ups to become sustainable start-ups is very long and making sure you have enough finances will determine if you reach your location. Navigating through the turbulent waters of entrepreneurship, start-ups often find themselves fighting for survival.

Bridge Financing 146

Bridge Financing Startup Finance Revenue 146

The Startup Magazine

SEPTEMBER 25, 2024

The shorter the period that you will be using the equipment, the more you should lean towards renting. The decision hinges on balancing the benefits of ownership with the agility renting offers in adapting to technological trends. However, continuous renting costs can add up and become more expensive over time compared to purchasing.

Startup 166

Startup Operations Agile Technology 166

Steve Blank

JUNE 8, 2009

Waterfall, Agile, Lean? Seed and Follow-on Financing – How do your finance it? Intellectual Property/Patents – Strategic or Tactical, timing? Regulatory Issues – What are they? Time to Market – How long? Product Development – How do you engineer it? Manufacturing – How do you build it? Liquidity – How? M&A, IPO?

Vertical 126

Vertical Silicon Valley RSS Marketing 126

YoungUpstarts

FEBRUARY 16, 2017

In turn, this will help you to be lean and more agile than your competition. You have a lot on the line as a founder and the last thing you want to do is to ruin your personal finances while trying to grow your business. Doing so will force you to prioritize what is most important for your business to grow.

Startup 124

Startup Agile Lean Acquisition 124

The Startup Magazine

JANUARY 31, 2020

Buying an Existing Company Makes Financing Easier. Companies with their fundamentals in place are more agile and can respond to challenges. They go through months or years of lean times when they must rely on other revenue streams to make a living. Ability to Pay Yourself.

Revenue 116

Revenue Salary Agile Networking 116

ReadWriteStart

APRIL 26, 2012

Once you put a lot of money in, you're no longer lean and flexible and kinkin' and jivin' and trying to figure it out," he says. When you keep it lean, everybody has better options, and a better outcome when all the dust settles.". Everything's better with the lean model. you're selling to a huge consumer marketplace.

IPO 115

IPO Stock San Francisco Lean 115

YoungUpstarts

NOVEMBER 8, 2018

As CIO, I oversee day-to-day activity in the office, manage relationships with external agencies and keep an eye on the numbers, from campaign performance to finance. We price competitively, and we keep our operations as lean as possible. I prefer to keep the ship steady. Secure the right investment. Funding rounds are exhausting.

Cofounder 127

Cofounder Agile Business Model Operations 127

Steve Blank

SEPTEMBER 9, 2015

I’ve spent this year working with corporations and government agencies that are adopting and adapting Lean Methodologies. It needs to be a careful, calculated process coordinated with HR and Finance. The result of an innovation culture is a large company with a unified purpose that can move with speed, agility and passion.

Startup 120

Startup Silicon Valley Incubator Matching 120

Up and Running

OCTOBER 1, 2014

And this isn’t just for your business, but as many startup founders know, your personal finances can matter just as much (especially if you aren’t profitable yet). “Make sure you’re on top of your personal finances, and project how long you can last on that money,” Nelson advises. Validate your idea.

Bootstrapping 107

Bootstrapping Cofounder Portland Burn Rate 107

Startup Lessons Learned

NOVEMBER 11, 2008

Among those: plentiful financing and nerds , a culture that celebrates both failure and success, and an ethos of openness and sharing. The Lean Startup Intensive is tomorrow at Web 2.0. Amazing lean startup resources Is Entrepreneurship a Management Science? Its useful to look back to understand how we got those advantages.

Silicon Valley 68

Silicon Valley San Francisco Lean Continuous Deployment 68

Steve Blank

SEPTEMBER 3, 2014

As the miles sped by I explained to Dave that he had understood only two of the three parts of what makes a Lean Startup successful. One interesting thing about the Lean Startup is that it teaches founders about Sales and Marketing (and a bit of finance) without making them get an MBA or a decade of sales experience.

Cofounder 336

Cofounder Founder Technical Cofounder Coder 336

Steve Blank

MARCH 26, 2019

We just finished the 8 th annual Lean LaunchPad class at Stanford. So in 2011, with support from the Stanford Technology Ventures Program (the entrepreneurship center in the Stanford Engineering School), we created a new capstone entrepreneurship class – the Lean LaunchPad. It’s the same, but different. I-Corps @ NIH ).

Lean 256

Lean Business Model Balance Sheet Video 256

Startup Lessons Learned

OCTOBER 20, 2008

When I first encountered agile software techniques, in the form of extreme programming , I thought I had found the answer. I explained it to people this way: agile lets you make the trade-offs visible to whole company, so that they can make informed choices. Even worse, agile wasnt really helping me ship higher quality software.

Software Review 164

Software Review Engineer Management Technical Review 164

Hearpreneur

JANUARY 20, 2021

Mobile is more important than ever now that COVID is the new reality, and you have to lean into it. Thanks to Josh Stomel, Turbo Finance ! #8- Agility is the watchword for 2021. This is a ripe opportunity to clean up the user interface of your mobile site, make it more appealing, and up your conversion rates.

Entrepreneur 118

Entrepreneur Mobile Valuation Global 118

Occam's Razor

DECEMBER 9, 2009

There is a lean (# of people) and agile central tem that is responsible for all the pro's you see mentioned above and also satellite lean team (of one or a very small number of people) in the BU's / divisions, that are responsible for the pro's you see mentioned above for decentralized teams. Now you know.

Analytics 95

Analytics Framework Web Lean 95

Board Effect

APRIL 5, 2021

In the interest of stewardship and gaining the public’s trust, it’s common for nonprofits to maintain a fairly lean budget and keep a good eye on the organization’s finances. For some boards, keeping a lean budget means doing more work so they can spend less. Oversight is the board’s responsibility.

Cloud 64

Cloud Lean Security Technology 64

Steve Blank

OCTOBER 17, 2017

Army’s Rapid Equipping Force on the battlefields of Iraq and Afghanistan finding and deploying technology solutions against agile insurgents. Together Pete, Joe Felter and I created Hacking for Defense , a nationwide program to teach university students how use Lean methodologies to solve defense and national security problems.

Community 244

Community Silicon Valley Technical Review Incubator 244

blog.simeonov.com

FEBRUARY 22, 2010

I have been thinking a lot recently about how to apply agile development principles to investing and key aspects of startup development such as team building. Both stem from the agile principle of delaying decisions until the last responsible moment. The first post is about agile startup fundraising. more details ].

Founder 44

Founder Vesting Agile Startup 44

Steve Blank

SEPTEMBER 14, 2017

A canonical Lean Innovation process inside a company or government agency would look something like this: Curation. The framework has the team talking not just to potential customers but also with regulators, and people responsible for legal, policy, finance, support. As the head of the U.S. Lessons Learned.

Incubator 319

Incubator Curation Engineer Government 319

Steve Blank

NOVEMBER 5, 2009

Unfortunately in early stage startups the drive for financing hijacks the corporate DNA and becomes the raison d’etre of the company. They will realize that you have built a startup that’s agile, resilient and customer-centric. Your presentation doesn’t have a single word about Lean Startups or Customer Development.

Customer Development 270

Customer Development Developer Customer Silicon Valley 270