Steve Blank

OCTOBER 24, 2014

—— The Lean Startup process builds new ventures more efficiently. It has three parts: a business model canvas to frame hypotheses, customer development to get out of the building to test those hypotheses and agile engineering to build minimum viable products. Integration with Customer Development and Lean Startup.

Business Model 335

Business Model Design Customer Development Lean 335

SoCal CTO

JULY 13, 2010

think many of the fundamentals behind the lean startup are things you likely have been practicing for a while. They start with an innovation, search for a repeatable business model, build the infrastructure for a company, then grow by efficiently executing the model. Charles Darwin. Twittering.

Cofounder 175

Cofounder Technical Cofounder Term Sheet Startup 175

Steve Blank

MAY 9, 2017

I lived through the time when working in my first job in Ann Arbor Michigan we had to get out a map to find out that San Jose was not only in Puerto Rico but there was a city with that same name in California. What we’ve learned is that while companies execute business models, startups search for a business model.

Restful 249

Restful Silicon Valley San Jose Puerto Rico 249

Duct Tape Marketing

SEPTEMBER 26, 2024

I was so worried about the last name that I've messed up. You Zack Kromkowski (01:15): Overthought the last name and you got the first name. There are literally companies that dedicate their entire business model just to saving the password. Hello and welcome to another episode of the Duct Tape Marketing Podcast.

Software Review 80

Software Review Security Distribution IP 80

Startup Lessons Learned

DECEMBER 14, 2009

Lessons Learned by Eric Ries Monday, December 14, 2009 Business ecology and the four customer currencies Lately, I’ve been rethinking the concept of “business model&# for startups, in favor of something I call “business ecology.&# Constructing a working business model is a form of ecosystem design.

Customer 156

Customer San Francisco Viral Lean 156

Startup Lessons Learned

JULY 29, 2009

I hope to show why lean and agile techniques actually reduce the negative impacts of technical debt and increase our ability to take advantage of its positive effects. For example, IMVU’s early business model was made possible by Paypal’s easy self-serve and open access payment system.

Technical Review 168

Technical Review Software Review San Francisco Lean 168

www.ashmaurya.com

JUNE 14, 2012

The true product of an entrepreneur is NOT the solution, but a working business model. The real job of an entrepreneur is to systematically de-risk that business model over time. There is a built-in learning feedback loop from experiments back to risks back to the business model.

Lean 76

Lean Business Model Product Framework 76

Both Sides of the Table

APRIL 19, 2011

Consumers responded to name and concept well, solves real problem, o Took 4 months to build initial prototype. Lean startup: o It’s situational so some businesses are operationally/people intensive, high LTV (lifetime value) means you can spend more upfront. Mark’s view: too much money can eliminate discipline.

Acquisition 304

Acquisition Warrant Customer Term Sheet 304

Steve Blank

SEPTEMBER 14, 2009

It may just be that the message of building companies that have predictable revenue and profit models hasn’t percolated through the VC business model. Unfortunately, regardless of a VC’s age, their business models are suffering and IPOs seem to be a thing of the past for at least a while longer.

Silicon Valley 237

Silicon Valley IPO Technical Review Venture Capital 237

wordsting.com

APRIL 4, 2013

Fat startup: Learn the lessons of my failed Lean Startup. by Word Sting in Lean Startup , Software copywriting , Copywriting for startups. Those that do will likely fall under the influence of the celebrated Lean Startup movement. Yet the company failed -- more of a fat startup than a lean startup.

Lean 61

Lean Startup Software Review San Francisco 61

The Next Web

SEPTEMBER 22, 2013

We should have slowed down just a tad to plan a few steps further out when naming things. I think we erred in letting our traffic and operational concerns outstrip our business model, where simply maintaining what we had was preventing us from advancing our product.”. Stay lean for as long as possible. Scale rapidly.

Cofounder 164

Cofounder Founder Startup Bootstrapping 164

Startup Lessons Learned

APRIL 14, 2009

What matters is proving the viability of the company’s business model, what investors call “traction.&# Of course this is not at all true of many profitable small businesses, but they are not what I mean by startups.) The Lean Startup Intensive is tomorrow at Web 2.0. for Harvard Business Revie.

Customer 167

Customer San Francisco Lean Hockey Stick 167

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

The Next Web

MARCH 24, 2013

Said McClure,”We worship at the altar of ‘ lean ‘ a little too much when really we should just be running our businesses. Author and Stanford professor Steve Blank defines a startup as “an organization formed to search for a repeatable and scalable business model.”

Startup 130

Startup SCRUM Cofounder Aggregator 130

Steve Blank

AUGUST 5, 2013

It’s been fun watching a 20th Century entrepreneur learn new tricks as he builds his next startup, FindTheBest using Lean Methodology. Steve and I have long held similar beliefs about how to run start-ups, even if we’ve used different names to describe the key principles. Lean Start-up Connection: Business Model Canvas.

Lean 302

Lean Agile Customer Development SEO 302

Steve Blank

DECEMBER 17, 2015

In exchange, the startups provide companies with their disruptive ideas, technologies and business models. Therefore, the profile of the initial team to staff an Innovation Outpost should be a technology-savvy business development group. Google just named the organization’s leader.

Silicon Valley 120

Silicon Valley Incubator Acquisition Business Model 120

Steve Blank

JUNE 25, 2009

The OEM Business Convergent’s business was selling desktop computers (with our own operating system and office applications) to other computer manufacturers – most of them long gone: Burroughs, Prime, Monroe Data Systems, ADP, Mohawk, Gould, NCR, 4-Phase, AT&T. You need to hire the right type of sales people for the type of market.

Technology 145

Technology Silicon Valley Fractional VPE Part-Time VPE 145

ReadWriteStart

MAY 28, 2013

The lean startup – as envisioned and explained by Steve Blank, serial entrepreneur, associate professor at Stanford University and ReadWrite contributor – is no longer just for startups. As Blank writes in HBR , “It’s already becoming clear that lean start-up practices are not just for young tech ventures.”

Lean 60

Lean Startup Technical Review Business Model 60

Up and Running

JANUARY 8, 2019

You don’t have to be a business planning expert to develop a business plan; you just need to know your own business. With that alone, you can use a sample plan as a tool to write a business plan that serves your business needs. The formal business plans you’ll find as samples tend to be extremely comprehensive.

Business Plan 118

Business Plan Lean Oregon Matching 118

The Next Web

DECEMBER 4, 2013

As a startup, you’re working with limited resources and a lean business model. Now, the startup and its software solutions are both household names. Zappos assumes everyone in the company is on social media and trusts them to participate in growing the brand. Prioritize social networks. Startup Example: Cloudera.

Social Media 158

Social Media Media Viral Startup 158

Startup Lessons Learned

JUNE 5, 2009

One way to conceive of our goal in an early-stage venture is to incrementally “fill in the blanks&# for the business model that we think will one day power our startup. For example, say that your business model calls for a 4% conversion rate – as ours did initially at IMVU. Expo SF (May.

San Francisco 102

San Francisco Lean Continuous Deployment Startup 102

Startup Lessons Learned

MAY 31, 2019

He’ll be speaking at this year’s Lean Startup Conference , and also has a new book (for which I very happily wrote a short foreword) coming out next month: Secrets of Sand Hill Road: Venture Capital and How to Get It. No need to name names. That is the nature of this business - starting a company is incredibly hard.

Lean 108

Lean Venture Capital Conversion IPO 108

Steve Blank

DECEMBER 7, 2010

Business schools teach aspiring executives a variety of courses around the execution of known business models, (accounting, organizational behavior, managerial skills, marketing, operations, etc.). In contrast, startups search for a business model. (Or to optimize this search. to optimize this search.

Wiki 318

Wiki Lean Management Business Model 318

Up and Running

JANUARY 15, 2018

Once you’ve decided that you’re ready to start a small web design firm, you’ll need to develop a host of skills to help you run a successful business, including time management, sales and promotional strategies, and client acquisition. Create a Lean Business Plan. The basics. Build your brand.

Web 86

Web Design Software Review Elevator Pitch 86

Up and Running

AUGUST 24, 2020

Here are just a few things you can do by leveraging data analytics: Gain a better understanding of changing customer preferences Discover new business opportunities Identify and eliminate bottlenecks in your operations Minimize and better allocate advertising costs Provide greater customer support through automated chat. Cybersecurity.

Technical Review 131

Technical Review Analytics Forecast Artificial Inteligence 131

Steve Blank

JUNE 4, 2012

As the morning fog burns off the California coast, I am working with Steve Blank, preparing for the Lean LaunchPad Faculty Development Program we are running this August at U.C. The tools and techniques available to small businesses on Main Street are the same ones that were being used for the last 75 years. His name is Alex Lawrence.

Silicon Valley 313

Silicon Valley Lean Utah Customer Development 313

ConversionXL

JUNE 14, 2021

Here’s an example invitation email for existing customers: Hi [NAME], You’ve been a loyal customer of [COMPANY] for over two years now! It could help us shape the future of [COMPANY/PRODUCT NAME]. Thanks, [YOUR NAME]. Thanks, [YOUR NAME]. Would you be open to a 15-minute phone or Zoom chat? What about churned customers?

Software Review 158

Software Review Audience Differentiation Framework 158

Up and Running

MAY 18, 2016

Why David Rose recommends it: “It lays out in explicitly stark terms the difference between ‘small business ownership’ and ‘entrepreneurship.’ After you finish this, you should have a pretty good feel for whether you have what it takes to create a high-growth business.”. Tim Berry is the expert on business planning.

Startup 80

Startup Venture Capital Angel Investor Lean 80

Up and Running

MAY 23, 2016

Step 1: Start with a lean plan. Instead of sitting down to write a 40-page business plan, start with a one-page pitch. It’s the fastest way to get your idea onto paper, and it’s the very first step in the lean planning process, which is much easier and more iterative than traditional business planning methods.

Software Review 74

Software Review Software Delaware Forecast 74

Up and Running

APRIL 30, 2020

Simply put it’s a better method of accurately looking forward and business owners know better than mathematicians. Before I started my own business I was a market researcher, doing forecasts. Confusing file names and overwriting are the most common errors in doing spreadsheet scenarios. Back up your main workbook file.

Forecast 120

Forecast Balance Sheet Burn Rate Software Review 120

Up and Running

MARCH 4, 2013

We’re on the Startup Bus – Its name is Fred. We’re down to these 3 names. You try getting 25 strangers to agree on the name of a freakin’ bus. Change business models on the fly. Not just with the bus name, but the bus SCHEDULE. You can catch up with Post #1 in this series here. .

Chicago 75

Chicago Nashville Startup Lean 75

Startup Lessons Learned

JULY 11, 2019

Ann will be speaking at this year’s Lean Startup Conference in October about all of this and more. To begin with, I'm curious about the company name and how you came up with it. He then said he had no attachment to the name and wanted to set up our partnership for success, so we started looking for another name.

Founder 68

Founder Lean Venture Capital Cofounder 68

crowdSPRING Blog

JULY 25, 2013

Create a Crowd Competition That Works | Harvard Business Review – [link]. Why Startups Are Sporting Increasingly Quirky Names - [link] and tips to name your company – [link]. Running a SaaS business? The Right Way to Hire Your Customers | Bill Lee – Harvard Business Review – [link].

Social Media 92

Social Media Small Business Design Media 92

Steve Blank

FEBRUARY 11, 2014

A MOOC is a complicated name for a simple idea – an online course accessible to everyone over the web. When my Lean LaunchPad class was adopted by the National Science Foundation , we taught our original classes to scientists scattered across the U.S. An example from our UCSF Lean LaunchPad for Life Sciences Class is here.).

Lean 326

Lean Incubator Video Open Source 326

Up and Running

NOVEMBER 12, 2018

If you’re seeking a bank loan or outside investment, you probably need a traditional business plan. But if you’re writing a plan as an internal guide for strategic growth, you should consider a lighter version— a Lean Plan. This guide to writing a subscription box business plan will help you through the process either way.

Business Plan 63

Business Plan Curation Balance Sheet Intellectual Property 63

Steve Blank

MARCH 18, 2011

Lean Startups/Back to Basics (2000-2010): No IPO’s, limited VC cash, lack of confidence and funding fuels “lean startup” era with limited M&A and even less IPO activity. 2001 – 2010: Back to Basics: The Lean Startup. For a specific startup this list is probably a few hundred names. Wide Adoption. Visibility.

Internet 335

Internet IPO Silicon Valley Agile 335

Up and Running

AUGUST 28, 2018

A Lean Business Plan might be a better fit if you simply need to think through all the different aspects of your business. A Lean Plan will be shorter, and it lends itself to quick revisions, but both types follow the same general outline. First, your business plan laid out the opportunity at hand. Be specific.

Business Plan 72

Business Plan Technical Review Exit Strategy Oregon 72