Steve Blank

JUNE 26, 2015

In the last five years “ Lean Startup ” methodologies have enabled entrepreneurs to efficiently build a startup by searching for product/market fit rather than blindly trying to execute. However in practice most companies treated the Three Horizons like they are simply incremental execution of the same business model.

Lean 120

Lean Management Business Model Incubator 120

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

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 436

Lean Business Model Affiliate Incubator 436

Steve Blank

JULY 13, 2021

By the early 1920s a new dean changed the curriculum – shifting it from an industry orientation (steel, railroads, etc.) – to a functional one (marketing, factory and employment management (HR), etc.). Lean-driven (hypothesis testing/business model/customer development/agile engineering). experiential.

Lean 436

Lean Agile Business Model Business Plan 436

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

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. This was a bit astonishing.

Lean 260

Lean Incubator Business Model Georgia 260

ReadWriteStart

OCTOBER 13, 2011

I spent the month of September lecturing, and interacting with (literally) thousands of entrepreneurs in two emerging startup markets, Finland and Russia. 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."

Finland 158

Finland Venture Capital Government Russia 158

Steve Blank

AUGUST 20, 2013

Class III devices are generally the highest risk devices and must be approved by the FDA before they are marketed. Class III medical devices that are high risk or novel devices for which no “predicate device” exist require clinical trials of the medical device a PMA (Pre-Market Approval). Business Model Issues.

Startup 304

Startup Venture Capital Lean IPO 304

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. All teams struggle with finding product/market fit. Customer Development Lean LaunchPad Teaching'

Lean 281

Lean Silicon Valley Customer Development Incubator 281

Steve Blank

NOVEMBER 18, 2016

The technology’s broad market applicability and relevance are clearly paying off. 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.

Artificial Inteligence 325

Artificial Inteligence Lean Exit Strategy Startup 325

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

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

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 268

San Diego North Carolina Chicago Lean 268

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. in the snack food market. Jon’s big vision was to build a company that disrupted the meat snacks business. They ran 10 in-store demos, which got them talking to 100s of more customers.

North America 120

North America Lean Customer Development Distribution 120

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 320

Incubator Curation Engineer Government 320

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 266

Lean Internet Silicon Valley Venture Capital 266

Steve Blank

NOVEMBER 18, 2016

The technology’s broad market applicability and relevance are clearly paying off. 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.

Artificial Inteligence 120

Artificial Inteligence Lean Exit Strategy Startup 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

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

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

OCTOBER 27, 2015

While I’m sure Ed Catmull doesn’t remember, when Pixar was a startup selling the Image Computer , their VP of Sales and Marketing brought me in to put together their marketing strategy. I found other parallels between Pixar’s method for managing innovation and what we built in the Lean LaunchPad/I-Corps incubators. Post mortems.

Founder 120

Founder Lean Hawaii Incubator 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 331

Oakland Incubator Lean Metrics 331

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 327

Programming Incubator Leadership Silicon Valley 327

Steve Blank

NOVEMBER 7, 2013

What CEOs, management teams and shareholders care about is growth —revenue growth, greater user adoption, increased market share, bigger margins, etc. Our market cap is around $170B. For most big, established companies like us, our business models were developed years—even decades ago. billion times a day.

Lean 331

Lean Nepal Cofounder Customer Development 331

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. What if something dramatically changes in the market?

Incubator 60

Incubator Email Startup Oregon 60

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

maplebutter.com

JANUARY 8, 2013

Written By Dan Martell on February 2nd, 2012 | Category: Hiring LeanStartup Marketing Metrics Startup Life | 6 Comments. Take the market and break it down into smaller chunks. If you’re looking for a designer, engineer, or biz marketing guy – go to meetups / conferences that those people would go to. Why do I do it?

Technical Review 44

Technical Review Startup Cofounder Software Review 44

Steve Blank

DECEMBER 13, 2011

As many teams as most startup incubators.). But some of our students hadn’t yet developed a passion for entrepreneurship and had no burning idea that they wanted to bring to market. Or those looking to find other students to join their team could mix and market their ideas or join others and then interview for a spot.

Startup 329

Startup Lean Engineer Business Model 329

Steve Blank

NOVEMBER 24, 2010

The plummeting cost of getting a first product to market (particularly for Internet startups) has shaken up the venture capital industry. In addition to super angels, incubators like Y Combinator , TechStars and the 100+ plus others worldwide like them have begun to formalize seed-investing. Consumer Internet Driving Innovation.

Silicon Valley 335

Silicon Valley United States Venture Capital Software Review 335

Steve Blank

MAY 9, 2017

I’ve seen the Valley grow from Sunnyvale to Santa Clara to today where it stretches from San Jose to South of Market in San Francisco. But in the 20 th century, dominated by hardware, software, and life sciences, technology swings inside an existing market happened slowly — taking years, not months. The founders.

Restful 249

Restful Silicon Valley San Jose Puerto Rico 249

steveblank.com

JULY 8, 2011

Home Books for Startups Guide Secret History-Bibliography Steve Blank Startup Tools Steve Blank Entries RSS | Comments RSS Email Subscription Get Steve Blank via your RSS Feed RSS - Posts RSS - Comments Categories Air Force (12) Ardent (10) Audubon (1) Big Companies versus Startups: Durant versus Sloan (39) Business Model versus Business Plan (..)

Software Review 110

Software Review Startup Silicon Valley Analytics 110

www.quora.com

JANUARY 16, 2011

Find Questions, Topics and People Add Question Add Question Team Configuration 500 Startups Guerilla Marketing Organizations Entrepreneurship Startup Founders & Entrepreneurs Startups Startup Incubators and Seed Programs Seedcamp Y Combinator TechStars Lean Startups What is the perfect startup team? They are many more examples.

Technical Review 51

Technical Review Startup CTO Hire Cofounder 51

www.vccafe.com

MARCH 11, 2013

Updated Business tools for Startups. Whether you’re wondering what site search you should use or what is the best email marketing tool, knowledge is power. Also includes the most popular platforms, based on a year of data on business buy and sell marketplace, Flippa.com. Steve Blank on Lean Customer Development.

Software Review 53

Software Review Technical Review Startup 53