Remove Business Model Remove Customer Development Remove Michigan
article thumbnail

10,000 Startups – Startup Weekend Next

Steve Blank

The class teaches founders how to dramatically reduce their failure rate through the combination of business model design, customer development and agile development using the Startup Owners Manual. And you’ll learn about how to build a minimal viable product to get feedback early and often from customers.

Startup 335
article thumbnail

The LeanLaunch Pad at Stanford – Class 2: Business Model Hypotheses

Steve Blank

By now the nine teams in our Stanford Lean LaunchPad Class were formed, In the four days between team formation and this class session we tasked them to: Write down their initial hypotheses for the 9 components of their company’s business model (who are the customers? Their business was a robot lawn mower. Stay tuned.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Reinventing the Board Meeting – Part 2 of 2 – Virtual Valley Ventures

Steve Blank

A revolution has taken hold as customer development and agile engineering reinvent the Startup process. Reinventing the board meeting may allow venture-backed startups a more efficient, productive way to direct and measure their search for a profitable business model. for a business model. Victor Hugo.

article thumbnail

Making a Dent in the Universe – Results from the NSF I-Corps

Steve Blank

Few of the Principal Investigators or Entrepreneurial Leads had startup experience, and few of the mentors were familiar with Business Model design or Customer Development. 2) Get the teams out of the building to test their hypotheses with prospective customers. Methodology. They left with very deep knowledge.

Lean 260
article thumbnail

Entrepreneurs are Everywhere Show No. 23: Nina Tandon and Brandon McNaughton

Steve Blank

Brandon teaches entrepreneurship at the University of Michigan Center for Entrepreneurship. We couldn’t figure out the right business model to move forward with. It’s trying to find that business model as quickly as you can that will support a company. That’s actually how I look at startups now.

Cofounder 120
article thumbnail

Founders and dysfunctional families « Steve Blank

Steve Blank

The Rust Belt – (Skip this Section if I’m Boring You) Out of the Air Force, my first job out of school was in Ann Arbor, Michigan, in the mid-1970’s installing broadband process control systems in automotive and manufacturing plants throughout the Midwest. Let me know what you think. Does any of this match your experience or people you know?

Founder 312
article thumbnail

Reinventing the Startup Board Meeting: Part 2

ReadWriteStart

Startups now understand what they should be doing in their early formative days is search for a business model. The process they use to guide that search is "Customer Development" ; and to track their progress startups now have a scorecard to document their week-by-week changes – the business model canvas.