Steve Blank

APRIL 16, 2013

For decades this revered business magazine described management techniques that were developed in and were for large corporations – offering more efficient and creative ways to execute existing business models. Business-as-usual management techniques focused on efficiency and execution are no longer a credible response.

Technical Review 223

Technical Review Lean Venture Capital Customer Development 223

Steve Blank

FEBRUARY 23, 2013

Ron is a managing partner of Schaffer Consulting , and is currently serving as an Executive-in-Residence at the Haas School of Business at UC Berkeley. His latest book is Simply Effective. Finding a viable business model is not a linear, analytical process that can be guided by a business plan.

Business Model 334

Business Model Technical Review Business Plan Search 334

Steve Blank

NOVEMBER 16, 2009

However the Customer Development Model and the Lean Startup work equally well for startups on the web. Union Square Ventures The next morning I got to spend time with Brad Burnham , partner at Union Square Ventures talking about their investment strategy and insights about web-based businesses.

Customer Development 228

Customer Development Web Developer Customer 228

Steve Blank

FEBRUARY 25, 2010

Customer Development is a technique startups use to quickly iterate and test each part of their business model. How you execute Customer Development varies, depending on your type of business. In my book, “ The Four Steps to the Epiphany ” I use enterprise software as the business model example.

Customer Development 274

Customer Development Web Developer Customer 274

Startup Lessons Learned

MAY 9, 2012

TLDR: Brant Cooper and Patrick Vlaskovits , authors of The Entrepreneur's Guide to Customer Development are back with a new book called The Lean Entrepreneur. Since then, Brant and Patrick have been tireless advocates for the whole Lean Startup movement. Illustrations by FAKEGRIMLOCK. You can pre-order it starting today.

Entrepreneur 167

Entrepreneur Lean Southern California San Diego 167

Steve Blank

MARCH 4, 2010

Book of Five Rings. In the Customer Development model, the premise is that a very small group of early visionary customers will guide your product features until you find a profitable business model. Seeing a repeatable pattern of sales to Earlyvangelists is a sign you may have found your first scalable business model.

Customer Development 313

Customer Development Business Model Developer Search 313

Startup Professionals Musings

JULY 8, 2022

I found real insights into this strategy, along with specific sources of purpose inspiration in a new book, “ Leading With Heart ,” by John Baird and Edward Sullivan. These authors reference real cases and real business leaders, based on their decades of experience in building companies and executive coaching.

Technical Review 357

Technical Review Green Social Media Lean 357

Steve Blank

APRIL 10, 2009

Reply Why Startups are Agile and Opportunistic -- Pivoting the Business Model , on April 14, 2010 at 6:32 am Said: [.] to see if they need to make a Pivot to find a better model. The search for a profitable and scalable business model might require a startup [.] Reply Leave a Reply Click here to cancel reply.

Silicon Valley 309

Silicon Valley RSS Startup Agile 309

Steve Blank

NOVEMBER 5, 2009

Chasing funding versus chasing customers and a repeatable and scalable business model, is one reason startups fail. Is there a profitable business model? The Traditional VC Pitch Entrepreneurs who pursue the traditional product development model don’t have customer data to answer these questions. Can it scale?”

Customer Development 270

Customer Development Developer Customer Silicon Valley 270

Steve Blank

DECEMBER 7, 2009

Our business model changed as we realized that to become a large company, we needed to automate more than just a few marketers. We had validated our new assumptions by a set of orders, and we had pivoted on our business model. This is the pivot, a crucial tactical maneuver for the lean startup [.]

Silicon Valley 261

Silicon Valley Non-disclosure Agreement NDA Startup 261

Steve Blank

JUNE 3, 2010

They start with an innovation, search for a repeatable business model, build the infrastructure for a company, then grow by efficiently executing the model. outpace an existing company’s business model. You want to start executing the business model. Companies have a fairly predictable life cycle.

Search 251

Search Agile Customer Development Technical Review 251

Steve Blank

FEBRUARY 23, 2013

Ron is a managing partner of Schaffer Consulting , and is currently serving as an Executive-in-Residence at the Haas School of Business at UC Berkeley. His latest book is Simply Effective. Finding a viable business model is not a linear, analytical process that can be guided by a business plan.

Business Model 226

Business Model Business Plan Technical Review Search 226

Steve Blank

NOVEMBER 30, 2009

You know you have achieved product/market fit when you start getting orders (or users, eyeballs or whatever your criteria for success was in your business model.) Reply My take on Customer Development and the Lean Startup | Recess Mobile Blog , on January 9, 2010 at 5:29 am Said: [.] Then WHAT it IS? Order Here.

Customer Development 287

Customer Development Developer Customer Silicon Valley 287

Steve Blank

SEPTEMBER 24, 2009

The Founder’s New Insight Smart founders are never satisfied with simply executing their current business model, they are constantly observing, orienting and deciding whether their current business model can be made better. It’s a natural part of learning about your customers and business model.)

Customer 218

Customer Silicon Valley RSS California 218

Steve Blank

OCTOBER 24, 2014

Product/Market fit now has its own book. —— The Lean Startup process builds new ventures more efficiently. It has three parts: a business model canvas to frame hypotheses, customer development to get out of the building to test those hypotheses and agile engineering to build minimum viable products.

Business Model 335

Business Model Design Customer Development Lean 335

Steve Blank

SEPTEMBER 14, 2009

It may just be that the message of building companies that have predictable revenue and profit models hasn’t percolated through the VC business model. Unfortunately, regardless of a VC’s age, their business models are suffering and IPOs seem to be a thing of the past for at least a while longer.

Silicon Valley 237

Silicon Valley IPO Technical Review Venture Capital 237

A Smart Bear: Startups and Marketing for Geeks

JULY 19, 2010

You don't have an "edge" just because you're passionate, hard-working, or "lean.". 37signals' ranting platform — a blog with 131k followers and a best-selling book — is nearly impossible to build even with a full-time army of insightful writers. Anything you read on popular blogs is also read by everyone else. Like what??

Software Review 325

Software Review Technical Review Development Team Review Bolivia 325

SoCal CTO

DECEMBER 1, 2010

The Ultimate Combination of Startup Business Development Methods - ArcticStartup , November 16, 2010 I've been a huge fan of Steven Blank's Customer Development methodology for a long time. I've also read his book The Four Steps to the Epiphany, where he outlines this in great detail. Your First Iteration of an Idea Will Be Wrong.

Technical Review 175

Technical Review Technology Product CTO Hire 175

www.ashmaurya.com

JUNE 14, 2012

The true product of an entrepreneur is NOT the solution, but a working business model. The real job of an entrepreneur is to systematically de-risk that business model over time. There is a built-in learning feedback loop from experiments back to risks back to the business model.

Lean 76

Lean Business Model Product Framework 76

Software By Rob

AUGUST 5, 2010

You own a wall of books, or perhaps a Kindle or iPad bulging at the edge of its hard disk with non-fiction you’ve earmarked for future reading. You own a wall of books, or perhaps a Kindle or iPad bulging at the edge of its hard disk with non-fiction you’ve earmarked for future reading. Also a student of reading.

Founder 78

Founder Startup Software Review Software 78

Startup Lessons Learned

DECEMBER 31, 2010

My belief is that the lean startup is that theory. Lean Startup Meetups are now in more than 75 cities, with more than 12,000 combined members. The Lean Startup Cohort program. Teaching Lean Startup concepts in a fixed order really didn't work, since all active companies face different challenges at different times.

Lean 153

Lean Programming Software Review Channel 153

Steve Blank

JUNE 11, 2009

However, you will be dealing with almost daily change, (new customer feedback/insights from a Customer Development process and technical roadblocks ,) as the company searches for a repeatable and scalable business model. By now the company may have found and settled on a repeatable business model.

Cofounder 230

Cofounder Founder Silicon Valley Technical Cofounder 230

Steve Blank

AUGUST 25, 2015

I’ve spent this year working with corporations and government agencies that are adopting and adapting Lean Methodologies. Several pockets of innovation in his agency have begun to look to startups and have tried to adopt lean methods. —– What Have We Lost? Yet today at dinner his frustration just spilled out.

Lean 120

Lean Entrepreneur Business Model Silicon Valley 120

Steve Blank

JUNE 18, 2013

The Lean LaunchPad entrepreneurship curriculum has caught fire. 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. So what would a search process for a business model look like? Victor Hugo.

Lean 295

Lean Agile Customer Development Business Model 295

The Next Web

JANUARY 27, 2013

I couldn’t write a single line of code, and I didn’t have any clue how to start a business. Luckily for me, I found some books that enlightened my path. For me, these books were great guides. Any investor who knew anything about books, didn’t invest. They probably thought it was the wrong time too. Screw the haters.

Netherlands 159

Netherlands Technical Review Software Review Cofounder 159

SoCal CTO

JULY 13, 2010

At the time, they had just come out with their new book " Rework " had downloaded a copy to my Kindle, but hadn't had a chance to read it yet. think many of the fundamentals behind the lean startup are things you likely have been practicing for a while. Now I have. Charles Darwin. " Is Your VC Founder Friendly?

Cofounder 175

Cofounder Technical Cofounder Term Sheet Startup 175

Startup Lessons Learned

JANUARY 10, 2011

When we walked him through our business model and results, he explained that our options would be limited, because the main M&A community was feeling burned by companies like ours. Therefore, if you want to sell IMVU one day, you’ll need to abandon your business model, even though it’s generating a lot of revenue per customer.

Silicon Valley 167

Silicon Valley San Francisco Lean Investment Bankers 167

Startup Professionals Musings

JUNE 5, 2017

The best founders operate with a key set of internal principles that allow them to break through all but the toughest business obstacles. I found this perspective validated in a new book, “ Plan Commit Win: 90 Days to Creating a Fundable Startup ,” by serial entrepreneur and strategic consultant Patrick Henry.

Technical Review 152

Technical Review Stealth Lean Social Media 152

Up and Running

MAY 28, 2015

We recently had Tim Berry, Palo Alto Software founder and business planning expert, present our Bplans audience with his latest advice on lean business planning. Start your lean business plan today: Download our Free Lean Plan Template one-page-pitch-download.pdf. That’s a lean business plan.

Lean 60

Lean Business Plan Video Software Review 60

Steve Blank

FEBRUARY 16, 2012

Alexander Osterwalder and I spent last week in Salt Lake City, Utah as judges at the 2 nd Annual International Business Model Competition , hosted by Professor Nathan Furr , and his team at the BYU Center for Entrepreneurship. Tools to help them manage the search for a repeatable and scalable business model.

Business Model 270

Business Model Customer Development Utah Business Plan 270

The Next Web

SEPTEMBER 22, 2013

I think we erred in letting our traffic and operational concerns outstrip our business model, where simply maintaining what we had was preventing us from advancing our product.”. Stay lean for as long as possible. Be creative, and stay lean. Staying lean early on will help you when you need to scale.”.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

Steve Blank

MAY 7, 2019

Modern entrepreneurship began at the turn of this century with the observation that startups aren’t smaller versions of large companies – large companies at their core execute known business models, while startups search for scalable business models. This new framework can act as the front-end of Customer Development.

Lean 334

Lean Marketing Agile Customer Development 334

Steve Blank

AUGUST 5, 2013

It’s been fun watching a 20th Century entrepreneur learn new tricks as he builds his next startup, FindTheBest using Lean Methodology. We’ve both published bestselling books.*. Okay: my book sold way less copies than Steve’s. Lean Start-up Connection: Business Model Canvas. An Untested Hypothesis.

Lean 302

Lean Agile Customer Development SEO 302

Steve Blank

JUNE 25, 2009

If you’ve tried to slog your way through my book on Customer Development you know that I’m insistent that the founders need to be the ones getting outside the building (physically or virtually) to validate all the initial hypotheses of the business model and product. Someone correct me if they have a better memory.

Technology 145

Technology Silicon Valley Fractional VPE Part-Time VPE 145

Steve Blank

SEPTEMBER 1, 2021

Try innovating inside a large company where 99% of the company is executing the current business model, while you’re trying to figure out and build what comes next. Their book Lead and Disrupt describes how others can learn how to do so. Today, lean is the de facto method for building new start-ups.

Incubator 419

Incubator Lean Agile Business Model 419

crowdSPRING Blog

FEBRUARY 1, 2013

Lean Business Tips: Hiring Contractors for Fun and Profit(ability) – [link]. The 7 Worst Marketing Blunders Small Businesses Make | Forbes – [link]. “Empower Your Small Business”, crowdSPRING’s smallbiz newsletter: content marketing, lean biz, more – [link].

Social Media 109

Social Media Small Business North America Design 109

ReadWriteStart

MAY 28, 2013

The lean startup – as envisioned and explained by Steve Blank, serial entrepreneur, associate professor at Stanford University and ReadWrite contributor – is no longer just for startups. As Blank writes in HBR , “It’s already becoming clear that lean start-up practices are not just for young tech ventures.”

Lean 60

Lean Startup Technical Review Business Model 60