Steve Blank

SEPTEMBER 14, 2017

An existing company or government organization is primarily organized for day-to-day execution of its current business processes or mission. In reality for innovation to contribute to a company or government agency, it needs to be designed a process from start to deployment. There’s a much better way. Three common mistakes.

Incubator 319

Incubator Curation Engineer Government 319

Steve Blank

JUNE 8, 2021

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 ), Customer Development and Agile Engineering to build Minimal Viable Products, each of their journeys was unique.

Lean 416

Lean Security Asia SBIR 416

Steve Blank

DECEMBER 10, 2014

Over 44 classes have embedded the business model canvas and/or Customer Discovery including a year-long course taken by every single one of its bioengineering majors. We didn’t know it at the time, but with that investment we had paid for front-row VIP seats to witness the origins of Customer Development and the Lean Startup.

Maryland 280

Maryland Lean DC Virginia 280

Steve Blank

AUGUST 21, 2013

What we found is that during the class almost all of them pivoted - making substantive changes to one or more of their business model canvas components. In the real world a big pivot in life sciences far down the road of development is a very bad sign due to huge sunk costs. Class starts Oct 1 st and runs through Dec 10 th.

SBIR 321

SBIR Technical Review Lean Startup 321

Steve Blank

APRIL 14, 2013

business models. The Chinese government must be laughing hysterically over U.S. When the Chinese government censors (run by their propaganda department ) shutdown access to yet another U.S. Most of their parents still tell them to work for the government or a big company. Of course “copy” is too strong a word.

China 328

China Silicon Valley Non-Compete Intellectual Property 328

Steve Blank

JUNE 26, 2015

government to help them innovate faster– not just kind of fast, but 10x the number of initiatives in 1/5 the time. The first, the notion of the “ ambidextrous organization ” from O’Reilly and Tushman , posits that companies that want to do continuous innovation need to execute their core business model while innovating in parallel.

Lean 120

Lean Management Business Model Incubator 120

Steve Blank

MARCH 3, 2015

It taught lean theory ( business model design , customer development and agile engineering) and practice. Now, 4 years after I arrived at BerkeleyHaas, we don’t teach business plan writing in any of our entrepreneurship classes or in any of our dozens of programs and competitions. Berkeley-wide.

Business Plan 120

Business Plan Silicon Valley Saudi Arabia Lean 120

Steve Blank

APRIL 14, 2013

business models. The Chinese government must be laughing hysterically over U.S. When the Chinese government censors (run by their propaganda department ) shutdown access to yet another U.S. Most of their parents still tell them to work for the government or a big company. Of course “copy” is too strong a word.

China 220

China Silicon Valley Non-Compete Intellectual Property 220

Steve Blank

FEBRUARY 23, 2016

As we prepared for the new Hacking for Defense class at Stanford, we had to stop and ask ourselves: How do we use the Business Model Canvas if the primary goal is not to earn money, but to fulfill a mission? In other words, how can we adapt the Business Model Canvas when the metrics of success for an organization is not revenue?

Business Model 120

Business Model Revenue Channel Community 120

Steve Blank

JULY 25, 2023

This meant the class was team-based, Lean-driven (hypothesis testing/business model/customer development/agile engineering) and experiential – where the students, rather than being presented with all of the essential information, must discover that information rapidly for themselves.

Lean 295

Lean Chile Ukraine Spain 295

Steve Blank

JULY 13, 2021

Founders of startups (and new ventures inside existing companies) are searching for product/market fit and a repeatable and scalable business model. An entrepreneur must start with the belief that all their assumptions are simply hypotheses that will undoubtedly be challenged by what they learn from customers. experiential.

Lean 436

Lean Agile Business Model Business Plan 436

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

JUNE 21, 2017

I was in Boston and was interviewed by The Growth Show about my current thinking about innovation in companies and government agencies.The interviewer was great and managed to get me to summarize several years of learning in one podcast. 6:22 What’s Customer Development. 17:08 Government Agency innovation limitations.

Silicon Valley 258

Silicon Valley Lean Government Boston 258

Steve Blank

JUNE 12, 2020

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 ) Customer Development and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique.

Oakland 314

Oakland Asia Lean Video 314

SoCal CTO

JANUARY 5, 2011

Some really great stuff in 2010 that aims to help startups around product, technology, business models, etc.

Silicon Valley 378

Silicon Valley Startup Term Sheet Venture Capital 378

Steve Blank

JANUARY 28, 2020

They operated this way because their existing business models didn’t allow them to initially profit from those opportunities – so they ignored them – and continued to chase higher profitability in more-demanding segments. Innovation Theater) in companies and government organizations, rather than creating actual innovation.

Lean 432

Lean Business Model Government Agile 432

ReadWriteStart

OCTOBER 13, 2011

I presented to thousands of entrepreneurs, talked to 17 startups, gave 12 lectures, had nine interviews, chatted with eight VC's, sat on four panels, talked policy with two government ministers, two members of parliament, one head of a public pension fund and was in one TV documentary. A government that's trying to help, but gets in the way.

Finland 158

Finland Venture Capital Government Russia 158

Steve Blank

OCTOBER 9, 2018

They use the Business Model (or Mission Model ) Canvas to keep track of their key hypotheses and then rapidly test them by talking to customers and iterating their Minimal Viable Products. Regulated marketplaces are ones that have significant government regulation to promote (ostensibly) the public interest.

Marketing 326

Marketing Startup Government SEC 326

Steve Blank

JANUARY 8, 2019

It’s one of the quickest ways to describe and prioritize innovation ideas in a large company or government agency. However, in the 21 st century the Three Horizons model has a fatal flaw that could put companies out of business and government agencies behind their adversaries. Innovate better than the disrupters.

China 304

China Government Russia Acquisition 304

Steve Blank

JANUARY 22, 2013

The program is funded by the Colombian government and modeled after the NSF Innovation-Corps program created and built by my partner and co-author Steve Blank. this may well be the most ambitious government-sponsored startup catalyst effort on the globe. Other than the NSF Innovation-Corps program in the U.S.,

Colombia 327

Colombia Lean Silicon Valley Coder 327

Steve Blank

JANUARY 22, 2013

The program is funded by the Colombian government and modeled after the NSF Innovation-Corps program created and built by my partner and co-author Steve Blank. this may well be the most ambitious government-sponsored startup catalyst effort on the globe. Other than the NSF Innovation-Corps program in the U.S.,

Colombia 292

Colombia Lean Silicon Valley Coder 292

Steve Blank

NOVEMBER 21, 2016

The students “get out of the building” and test their hypotheses in front of potential beneficiaries using the Customer Development methodology, all while building and updating their Minimal Viable Products. government does have some unique convening power and the ability to tap external talent and resources.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

NOVEMBER 21, 2016

The students “get out of the building” and test their hypotheses in front of potential beneficiaries using the Customer Development methodology, all while building and updating their Minimal Viable Products. government does have some unique convening power and the ability to tap external talent and resources.

Silicon Valley 120

Silicon Valley Washington United Kingdom Lean 120

Steve Blank

MAY 23, 2016

Established businesses execute business models while startups search for them. The Lean LaunchPad class is now taught around the world – and VC’s expect entrepreneurs to talk about not just their technology but their customer development findings. Actually they’re entirely different.

Lean 224

Lean Technical Review Vietnam Engineer 224

Steve Blank

JUNE 5, 2018

We describe their efforts as “heroic” because all the established procedures and processes in a large company are primarily designed to execute and support the current business model. Some examples of innovation tools are Customer Development, Design Thinking, User-Centric Design, Business Model Canvas, Storytelling, etc.

Programming 326

Programming Incubator Leadership Silicon Valley 326

Steve Blank

JUNE 11, 2013

When you take money from investors their business model becomes yours. Sigh… What I should have been hearing is the search for the business model, specifically the progress on product/market fit, but I hear the fund raising story first at least 90% of the time. When I asked, “What are you working on?” Why small amounts?

Venture Capital 335

Venture Capital IRR Liquidity Event Business Model 335

Steve Blank

JUNE 7, 2019

Followed by an 8-minute slide presentation follow their customer discovery journey over the 10-weeks. All the teams used the Mission Model Canvas , Customer Development and Agile Engineering to build Minimal Viable Products, but all of their journeys were unique. All the presentations are worth a watch. Team: Panacea.

Oakland 281

Oakland Lean SBIR Afghanistan 281

Steve Blank

JUNE 11, 2012

While many government agencies use Technology Readiness Levels to measure a projects technical maturity, there are no standards around Business Maturity Levels. It doesn’t replace private capital with government funds. 2) Get the teams out of the building to test their hypotheses with prospective customers.

Lean 260

Lean Incubator Business Model Georgia 260

Steve Blank

AUGUST 5, 2013

Lean Start-up Connection: Business Model Canvas. We figured our key partners would include consumers (to contribute data much like Wikipedia’s users), manufacturers (to keep their product information updated) and the US government (to supply datasets to power our content). Lean Start-up Connection: Customer Development.

Lean 302

Lean Agile Customer Development SEO 302

Steve Blank

AUGUST 20, 2013

Business Model Issues. government is the leading payer for most of health care, and under ObamaCare the government’s role in reimbursing for medical technology will increase. Business Model Issues. Filed under: Customer Development , Lean LaunchPad , Science and Industrial Policy , Teaching.

Startup 303

Startup Venture Capital Lean IPO 303

Steve Blank

JUNE 2, 2011

A revolution has taken hold as customer development and agile engineering reinvent the Startup process. It’s time to ask why startup board governance has failed to keep pace with innovation. Startups now understand what they should be doing in their early formative days is search for a business model.

Silicon Valley 292

Silicon Valley Business Model Early Stage Venture Capital 292

Steve Blank

NOVEMBER 6, 2012

They will be relegated to creating better mousetraps or cloning other countries’ business models. When Steve Jobs returned to Apple, he ran the Think Different ads, a brilliant marketing campaign to make Apple’s core customers believe that Apple was still fighting for the brand. Entrepreneurs as Dissidents.

Entrepreneur 335

Entrepreneur United States Customer Development Business Model 335

Steve Blank

JULY 2, 2009

There Ought to be a Law Nowadays there are laws that allow you to back out of a time-share condo contract, or used car purchase after seven days because even the government believes there are times when grown adults lose their minds and stand up and yell “Yes I believe, sign me up!” Make game, market, sell, profit?

Silicon Valley 120

Silicon Valley Technical Review RSS Software Review 120

Steve Blank

OCTOBER 26, 2013

It’s a model for a government program that’s gotten the balance between public/private partnerships just right. government has built an accelerator for scientists and engineers. I-Corps bridges the gap between public support of basic science and private capital funding of new commercial ventures. Lessons Learned.

Lean 270

Lean Washington Incubator Agile 270

Steve Blank

JUNE 1, 2011

As customer and agile development reinvent the Startup, it’s time to ask why startup board governance has not kept up with the pace of innovation. Reinventing the board meeting may offer venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model.

Silicon Valley 300

Silicon Valley Business Model Venture Capital Balance Sheet 300

Steve Blank

MAY 26, 2009

Don’t share the details of your manufacturing process with customers until you’ve locked up your intellectual property.” Government Regulations I turned to the class and said, “The rest of you can keep building your company and shipping your product because you don’t need to worry about government regulations. Order Here.

Vertical 158

Vertical Silicon Valley Intellectual Property RSS 158

K9 Ventures

AUGUST 13, 2010

It wasn’t that they didn’t want to pay, but for anything above a certain dollar amount, it had to be a committee decision, and Universities are a notoriously bad market to crack (probably second to the government). I tell these stories to lay the groundwork for what I am going to call Revenue Development.

Revenue 72

Revenue Developer Java Customer Development 72