Steve Blank

OCTOBER 10, 2011

I presented to 1,000’s of entrepreneurs, talked to 17 startups, gave 12 lectures, had 9 interviews, chatted with 8 VC’s, sat on 4 panels, talked policy with 2 government ministers, 2 members of parliament, 1 head of a public pension fund and was in 1 TV-documentary. Toxic Business Press and Contradictory Government Incentives.

Finland 332

Finland Naming Russia Government 332

The Startup Magazine

DECEMBER 21, 2022

The internet is a great tool for business, transforming how companies interact with their customers and providing new channels to sell products, provide services, and make money. Unfortunately, the internet is also great for criminals looking to exploit businesses for their own gain. What is customer verification?

Software Review 167

Software Review Customer Technical Review Due Diligence 167

Startup Professionals Musings

MAY 17, 2020

The discipline of writing down your plan is the best way to make sure you understand how to transform your idea into a business, and how to communicate it. Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base.

Intellectual Property 436

Intellectual Property Angel Investor Viral Distribution 436

Startup Professionals Musings

SEPTEMBER 25, 2021

Of course it helps to have innovative technologies before you start building a business. In other words, inventions are necessary but not sufficient to create real value for investors and customers. Here are some reality checks you should apply: It takes a business team to build a business.

Technical Review 391

Technical Review Intellectual Property Early Stage Global 391

Steve Blank

AUGUST 21, 2013

—— When I wrote Four Steps to the Epiphany and the Startup Owners Manual , I believed that Life Sciences startups didn’t need Customer Discovery. 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.

SBIR 321

SBIR Technical Review Lean Startup 321

Steve Blank

JUNE 27, 2017

Initially, a startup has no business model and no market share to defend. If they select a business model that targets industry incumbents, they don’t have to worry about upsetting existing customers, partners or distribution channels. Its employees and investors don’t depend on an existing revenue stream.

Startup 306

Startup New York City Valuation Distribution 306

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

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 8, 2021

This class is built on conducting in-person of interviews with customers/ beneficiaries and stakeholders, but due to the pandemic, teams now had to do all their customer discovery via a computer screen. How would customer interviews work via video? See here for an extended discussion of remote customer discovery.).

Lean 417

Lean Security Asia SBIR 417

Startup Professionals Musings

JUNE 12, 2022

Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Non-industrial large organizations cling to outdated business models. Government bail-outs do not promote innovation. The new corporate model is a distributed entrepreneurial model.

Artificial Inteligence 315

Artificial Inteligence Offshore Merger Technical Review 315

Steve Blank

FEBRUARY 23, 2013

government agencies and private corporations, he has a unique perspective. First, he says, the focus of an established firm is to execute an existing business model — to make sure it operates efficiently and satisfies customers. Big Companies versus Startups: Durant versus Sloan Business Model versus Business Plan'

Business Model 226

Business Model Business Plan Technical Review Search 226

Startup Professionals Musings

FEBRUARY 10, 2023

Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. To get the terms you want, it’s better to start with your own term sheet.

Technical Review 345

Technical Review Due Diligence Term Sheet Offshore 345

Steve Blank

MAY 9, 2017

In the 1970’s, 80’s and 90’s, momentum shifted to the enterprise as large businesses supported innovation in PCs, communications hardware and enterprise software. Government and the enterprise are now followers rather than leaders. The founders were simply wrong about their assumptions about customer needs. The founders.

Restful 249

Restful Silicon Valley San Jose Puerto Rico 249

Steve Blank

JANUARY 15, 2017

It’s a model for a government program that’s gotten the balance between public/private partnerships just right. The bill directs the expansion of I-Corps to additional federal agencies and academic institutions, as well as through state and local governments.

Lean 274

Lean Technical Review Government Washington 274

Startup Professionals Musings

FEBRUARY 12, 2023

The discipline of writing down your plan is the best way to make sure you understand how to transform your idea into a business, and how to communicate it. Offer free solutions to bring in more customers. Don’t get caught in the myth that you shouldn’t worry about monetization until after you have a large customer base.

Intellectual Property 312

Intellectual Property Startup Angel Investor Viral 312

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

Startup Professionals Musings

MAY 11, 2020

Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. To get the terms you want, it’s better to start with your own term sheet.

Technical Review 310

Technical Review Due Diligence Term Sheet Offshore 310

Startup Professionals Musings

NOVEMBER 24, 2013

Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Non-industrial large organizations cling to outdated business models. Government bail-outs do not promote innovation. The new corporate model is a distributed entrepreneurial model.

Entrepreneur 263

Entrepreneur Offshore Merger Technical Review 263

Startup Professionals Musings

JULY 18, 2014

Of course, it helps to have innovative technologies before you start building a business. In other words, inventions are necessary but not sufficient to create real value for investors and customers. Here are some reality checks you should apply: It takes a business team to build a business.

Technical Review 266

Technical Review Intellectual Property Early Stage Global 266

Startup Professionals Musings

NOVEMBER 14, 2010

The value proposition is a short statement that clearly communicates the target customer, the customer’s problem and the pain that it causes, the unique solution that addresses this problem, and the net benefit of this solution (value derived versus relative cost) from the customer's perspective. Partnership.

Intellectual Property 265

Intellectual Property Balance Sheet Phoenix Arizona 265

Startup Professionals Musings

JANUARY 6, 2023

For example, a while back a passionate entrepreneur approached me with an innovative solution for reducing world hunger, but hadn’t focused on the fact that hungry people often don’t have any money, and governments are not easy customers. Solutions and inventions alone do not make a business.

Technical Review 201

Technical Review Government Agile Differentiation 201

Startup Professionals Musings

MAY 7, 2012

It’s a long way from an entrepreneur’s “idea” to a working product with a real market and paying customers. Here are some key objectives to keep in mind when designing your prototype to make it attractive to investors: Validate the customer need and opportunity. Test your idea early in a form that is easy and inexpensive to modify.

Startup 242

Startup Early Stage Database Distribution 242

Startup Professionals Musings

SEPTEMBER 10, 2014

Investor due diligence on a startup is not a mysterious black art, but is nothing more than a final integrity check on all aspects of your business model, team, product, customers, and plan. To get the terms you want, it’s better to start with your own term sheet.

Technical Review 257

Technical Review Due Diligence Term Sheet Offshore 257

Startup Professionals Musings

DECEMBER 29, 2010

It’s a long way from an entrepreneur’s “idea” to a working product with a real market and paying customers. Here are some key objectives to keep in mind when designing your prototype: Validate the customer need and opportunity. Building a prototype should be an early and high priority task for every startup.

Entrepreneur 236

Entrepreneur Early Stage Database Distribution 236

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

OCTOBER 31, 2016

Times China bureau chief Julie Makinen , who is on a JSK journalism fellowship at Stanford , joined in at the last minute and is helping students with customer discovery techniques, particularly how to find and interview people. How to bring together technology, government, and communities to combat violent extremist messaging.

Lean 282

Lean Saudi Arabia Austria Silicon Valley 282

The Startup Magazine

SEPTEMBER 15, 2020

It is possible to attract a venture capital partner with an idea for a business, but most deals are closed after the business has a founding team , a minimum viable product or MVP, and customers. This will be your calling card and a good jumping-off point to discuss your business with potential investors. Management team.

Venture Capital 179

Venture Capital Technical Review Software Review Security 179

Startup Professionals Musings

SEPTEMBER 9, 2019

Having only a large capital base and distribution channels, with no innovation, is not a sustainable business model. Non-industrial large organizations cling to outdated business models. Government bail-outs do not promote innovation. The new corporate model is a distributed entrepreneurial model.

Engineer 219

Engineer Entrepreneur Offshore Merger 219

Startup Professionals Musings

AUGUST 2, 2019

Their assumption is that customers and investors will be wowed by this into buying, ignoring the evidence that large-scale change takes a long time, most often fails, and scares away customers and investors alike. Due to qualms of customers and governments, he sold less than 30,000 of the devices over the next five years.

Technical Review 226

Technical Review Leadership Portfolio Matching 226

Startup Professionals Musings

SEPTEMBER 8, 2018

Of course it helps to have innovative technologies before you start building a business. In other words, inventions are necessary but not sufficient to create real value for investors and customers. Here are some reality checks you should apply: It takes a business team to build a business.

Technical Review 215

Technical Review Intellectual Property Early Stage Global 215

Steve Blank

JUNE 12, 2020

Second, this class – which is built on the idea of interviewing customers/beneficiaries and stakeholders in person – now had to do all their customer discovery via a computer screen. How on earth would customer interviews work via video? At first this seemed to be a fatal stake through the heart of the class.

Oakland 315

Oakland Asia Lean Video 315

Gust

APRIL 27, 2014

Write down the key elements of your business plan very early, and keep it current as things evolve. This will include the first version of many critical processes that can be split out later, including market opportunity, requirements, product definition, business model, sales process, and organization.

Startup 187

Startup Institutional Investors Angel Investor Bootstrapping 187

YoungUpstarts

APRIL 15, 2019

Here are 5 of the 9 steps you’ll need to know to start your own brewery business. If you like what you read here, be sure to read the complete 9 step guide on how to start a brewery business. Choose a business model. The contract company would handle the other business aspects such as distribution, marketing, and sales.

Small Business Administration 39

Small Business Administration Design Distribution LLC 39

Steve Blank

APRIL 28, 2014

He’s helping city government in Philadelphia become more innovative by applying Lean startup methods and Philadelphia University’s innovation curriculum. I asked him to share an update on his work on teaching lean techniques to local governments. Building a Government Innovation Curriculum. Here’s the story of our journey.

Government 310

Government Philadelphia Lean Customer Development 310

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

YoungUpstarts

MARCH 22, 2019

Stay compliant with ATO and government legislation through automated updates to tax and payroll processes. Are you providing customers with a service, such as a trade or consultancy, or selling a product? Receiving payments and maintaining cash flow will be the life blood of your business.

Software Review 176

Software Review Due Diligence Startup Stock 176

Hearpreneur

JANUARY 25, 2023

. #1- Virtual assistance Photo Credit: Abdul Saboor It is my opinion that the need for virtual assistants is great since there is such a high demand for new businesses and there is such a large increase in the number of new enterprises opening their doors. Thanks to Carter Seuthe, Credit Summit ! #4- Thanks to Oliver Goodwin, Synthesys.io !

Software Review 127

Software Review Technical Review Artificial Inteligence Entrepreneur 127