Steve Blank

OCTOBER 10, 2011

Startup incubators, business angels and VCs are starting to emerge. Filed under: Business Model versus Business Plan , Customer Development , Teaching , Venture Capital. They’ve gotten off to a good start with a start around Aalto University with passionate students.

Finland 332

Finland Naming Russia Government 332

Steve Blank

SEPTEMBER 14, 2017

They were trying to keep up with providing the core services necessary to run the current business and at the same time deal with a flood of well-meaning but uncoordinated ideas about new features, technologies and innovations coming at them from all directions. Incubation. There were no requirements for the innovator.

Incubator 319

Incubator Curation Engineer Government 319

Steve Blank

JUNE 26, 2015

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. Horizon 1 activities support existing business models. Horizon 1 is the company’s core business.

Lean 120

Lean Management Business Model Incubator 120

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. And they also recognize that simply exploiting their existing assets, capabilities, and business models is insufficient for long-term survival.

Incubator 419

Incubator Lean Agile Business Model 419

ReadWriteStart

OCTOBER 13, 2011

Steve Blank is a retired serial entrepreneur, educator, thought leader and creator of the rigorous "Customer Development" methodology detailed in his book, "The Four Steps to the Epiphany." It's hard enough to pick which existing companies with known business models to aid.

Finland 158

Finland Venture Capital Government Russia 158

Steve Blank

MARCH 11, 2016

To be honest I built the class out of frustration watching schools teach aspiring entrepreneurs that all they need to know is how to write a business plan or how to sit in an incubator building a product. using the business model canvas as the framework. in order to validate/invalidate their business model hypotheses.

Lean 120

Lean Incubator Business Model Channel 120

Steve Blank

NOVEMBER 25, 2013

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. We now have the tools, technology and data to take incubators and accelerators to the next level. We think we can do better.

Oakland 330

Oakland Incubator Lean Metrics 330

Steve Blank

JULY 1, 2014

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team. a language corporate innovation groups can use to communicate to business units and finance.

Sacramento 314

Sacramento Framework Lean Customer Development 314

Steve Blank

JUNE 18, 2013

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? Berkeley asked me to teach a class in Customer Development at Haas business school.

Lean 295

Lean Agile Customer Development Business Model 295

Steve Blank

MARCH 4, 2014

These groups are adapting or adopting the practices of startups and accelerators – disruption and innovation rather than direct competition, customer development versus more product features, agility and speed versus lowest cost. Every large company, whether it can articulate it or not, is executing a proven business model (s).

IRR 335

IRR Startup Business Model Agile 335

Steve Blank

JANUARY 22, 2013

Lean LaunchPad Colombia starts again today in Bogota with 25 more teams of tech entrepreneurs and at 25 mentors from the country’s universities, incubators, and chambers of commerce. 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.

Colombia 327

Colombia Lean Silicon Valley Coder 327

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

JUNE 11, 2012

The NSF I-Corps Lean LaunchPad class has different goals then the same class taught in a university or incubator. In an incubator, the Lean LaunchPad develops angel or venture-funded startups. 2) Get the teams out of the building to test their hypotheses with prospective customers. Methodology. Lessons Learned.

Lean 260

Lean Incubator Business Model Georgia 260

Steve Blank

MAY 18, 2020

We’re holding a series of 5-day online classes at Stanford where teams will learn how to develop new business models for an economy that’s getting back to work and on the road to recovery. The Covid-19 virus has upended traditional ways of doing business, travel, education, entertainment, healthcare, etc.

Lean 335

Lean Business Model Affiliate Incubator 335

Steve Blank

JUNE 5, 2018

Is your organization full of Hackathons, Shark Tanks, Incubators and other innovation programs, but none have changed the trajectory of your company/agency? 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.

Programming 326

Programming Incubator Leadership Silicon Valley 326

Steve Blank

NOVEMBER 7, 2013

For most big, established companies like us, our business models were developed years—even decades ago. We’ve built up strength in executing our business model, not creating new ones. Almost every large organization has some kind of incubator or accelerator program. in developing these new models.

Lean 331

Lean Nepal Cofounder Customer Development 331

Steve Blank

JULY 29, 2013

Its goal is to take the original idea and search for a repeatable and scalable business model - first by finding product/market fit, then by testing all the parts of the business model (pricing, channel, acquisition/activation, partners, costs, etc.). Filed under: Customer Development , Family/Career/Culture.

Cofounder 335

Cofounder Advisory Board Customer Development Leadership 335

Steve Blank

JANUARY 22, 2013

Lean LaunchPad Colombia starts again today in Bogota with 25 more teams of tech entrepreneurs and at 25 mentors from the country’s universities, incubators, and chambers of commerce. 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.

Colombia 292

Colombia Lean Silicon Valley Coder 292

Steve Blank

DECEMBER 14, 2012

The class was designed to teach educators (and the entrepreneurs that support them) the Lean LaunchPad approach (Business Model Design, Customer Development and Agile Engineering) for teaching entrepreneurship. Instead, we should first focus on searching for the best business model and validating our assumptions.

Developer 308

Developer Arizona Lean Business Model 308

Steve Blank

MARCH 7, 2012

Startups are in fact only temporary organizations, organized to search –not execute–for a scalable and repeatable business model. Yet this isn’t an incubator. We trying to teach students a methodology that combines customer development, agile development, business models and pivots.

Lean 263

Lean Business Model Agile United States 263

Steve Blank

OCTOBER 3, 2014

Students need to get out of the building and talk to 10-15 customers a week. The next week they came back in class and presented this : Each week we’d teach them about one more part of what makes up a business model. They could have never figured this out sitting inside a classroom writing a business plan.

Lean 280

Lean Silicon Valley Customer Development Incubator 280

Steve Blank

AUGUST 5, 2010

Fairchild Semiconductor became the progenitor of a flood of Silicon Valley chip companies and at the same time the adoption of the limited partnership as the model for Venture Firms gave VC’s their own profitable business model. Quickly iterate the product in front of customers. They build a minimum feature set.

Lean 265

Lean Internet Silicon Valley Venture Capital 265

Steve Blank

OCTOBER 26, 2013

It’s curriculum is built on a framework of business model design, customer development and agile engineering – and its emphasis on evidence, Lessons Learned versus demos, makes it the worlds most advanced accelerator. government has built an accelerator for scientists and engineers.

Lean 270

Lean Washington Incubator Agile 270

Steve Blank

NOVEMBER 18, 2016

Each of our teams in this class followed the canonical Lean model: Articulate your hypotheses using the business model canvas. Get of the building and test those hypotheses using customer development. Validate learning by building minimal viable products and getting them in front of customers.

Artificial Inteligence 325

Artificial Inteligence Lean Exit Strategy Startup 325

Steve Blank

JUNE 18, 2013

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? Berkeley asked me to teach a class in Customer Development at Haas business school.

Lean 187

Lean Agile Customer Development Business Model 187

SoCal CTO

JULY 13, 2011

This site aggregates and filters content from thought leaders who talk about topics such as Marketing , Sales , Design , Revenue , Hiring , Social Media , Business Models , Metrics , PR , Venture Capital , Angel Investors , Bootstrapping , Incubators , Agile and many others.

Intellectual Property 175

Intellectual Property Aggregator Startup Angel Investor 175

Steve Blank

DECEMBER 30, 2014

. ———– The National Institutes of Health recognizes that Life Science/Health Care commercialization has two components: the science/technology, and the business model. The Lean Launchpad® for Life Sciences (the I-Corps @ NIH ) uses the Lean Startup Model to discover and validate the business model.

San Diego 267

San Diego North Carolina Chicago Lean 267

Steve Blank

FEBRUARY 3, 2015

I remind my students that I’m teaching them a methodology they can use the rest of their careers, not running an incubator. The question was: Could we get these companies to pivot and learn when they already thought they had an existing business model?). Filed under: Customer Development , Teaching.

North America 120

North America Lean Customer Development Distribution 120

Steve Blank

AUGUST 4, 2016

They’ll learn how to apply “lean startup” principles, (“mission model canvas,” “customer development,” and “agile engineering”) to discover and validate agency and user needs and to continually build iterative prototypes to test whether they understood the problem and solution. Real Problems.

Lean 168

Lean Government Agile Africa 168

Up and Running

JULY 14, 2015

Peter and Jonathan discuss startup incubators, and our guest Caroline talks to us about the “F” word and 10 reasons why startups fail. Startup Incubators – (2:13). Read also: Q&A with Business Incubator Co-founder Joe Maruschak. He’s helped a lot of small businesses succeed.

Incubator 60

Incubator Email Startup Oregon 60

Steve Blank

NOVEMBER 18, 2016

Each of our teams in this class followed the canonical Lean model: Articulate your hypotheses using the business model canvas. Get of the building and test those hypotheses using customer development. Validate learning by building minimal viable products and getting them in front of customers.

Artificial Inteligence 120

Artificial Inteligence Lean Exit Strategy Startup 120

Steve Blank

FEBRUARY 22, 2016

While finding product-market fit is important, getting the rest of the business model right is the difference between and a great demo and a great business. He is also a co-founder of XediaLabs , a DC-based incubator that provides training and technical consulting to local startups.

Cofounder 120

Cofounder DC Entrepreneur Silicon Valley 120

Steve Blank

AUGUST 4, 2016

They’ll learn how to apply “lean startup” principles, (“mission model canvas,” “customer development,” and “agile engineering”) to discover and validate agency and user needs and to continually build iterative prototypes to test whether they understood the problem and solution. Real Problems.

Lean 120

Lean Government Agile Africa 120

Steve Blank

OCTOBER 27, 2015

While the parallels between a director and a startup founder are striking, what’s even more surprising is the match between the creative process Pixar uses to make its movies and our implementation of Lean for startups in the Lean LaunchPad and I-Corps incubators. Customer Development. Artists and Founders. Pixar .

Founder 120

Founder Lean Incubator Hawaii 120

Startup Lessons Learned

SEPTEMBER 15, 2008

The application of agile development methodologies which dramatically reduce waste and unlock creativity in product development. See Customer Development Engineering for my first stab at articulating the theory involved) Ferocious customer-centric rapid iteration, as exemplified by the Customer Development process.

Lean 168

Lean San Francisco Startup Continuous Deployment 168

Steve Blank

JUNE 27, 2024

Errol Arkilic , the then head of commercialization at the National Science, adopted the class saying, “You’ve developed the scientific method for startups, using the Business Model Canvas as the laboratory notebook.” Below are the Lessons Learned presentations from the spring 2024 Lean LaunchPad.

Lean 193

Lean Cofounder Silicon Valley Video 193

Steve Blank

AUGUST 20, 2013

Business Model Issues. Business Model Issues. Yet healthcare has its own unique regulatory and reimbursement issues and business model issues that must be understood. Filed under: Customer Development , Lean LaunchPad , Science and Industrial Policy , Teaching. Regulatory Issues.

Startup 303

Startup Venture Capital Lean IPO 303