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Are Business Plans Still Necessary?

Both Sides of the Table

There were tons of young entrepreneurs showing their latest Web 2.0 The last couple of years has also seen the huge initial success of Ycombinator, the Lean Startup and many other product driven approaches to going to market. In an era of “launch and learn&# is there a need for a business plan? Do so at your peril.

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Lean Startups aren't Cheap Startups

Steve Blank

For those of you who have been following the discussion, a Lean Startup is Eric Ries ’s description of the intersection of Customer Development , Agile Development and if available, open platforms and open source. Over its lifetime a Lean Startup may spend less money than a traditional startup.

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Is the Lean Startup Dead?

Steve Blank

But NewTV doesn’t plan on testing these hypotheses. With fewer than 10 employees but almost $2-billion dollars in the bank, they plan on jumping right in. It’s the antithesis of the Lean Startup. Most entrepreneurs today don’t remember the Dot-Com bubble of 1995 or the Dot-Com crash that followed in 2000. And it may work.

Lean 335
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10,000 Startups – Startup Weekend Next

Steve Blank

Our goal– to inspire, educate and empower hundred’s of thousands of entrepreneurs and help create 10,000 startups. The Lean LaunchPad Class. You may have read my previous posts about the Lean LaunchPad entrepreneurship class. The result – Startup Weekend Next.

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A New Way to Teach Entrepreneurship – The Lean LaunchPad at Stanford: Class 1

Steve Blank

In January, we introduced a new graduate course at Stanford called the " target="_blank">Lean LaunchPad. It was designed to bring together many of the new approaches to building a successful startup – customer development, agile development, business model generation and pivots. OK, somehow we got them interested.

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When Hell Froze Over – in the Harvard Business Review

Steve Blank

In my 21 years as an entrepreneur, I would come up for air once a month to religiously read the Harvard Business Review. ” It defined a startup as a “temporary organization designed to search for a repeatable and scalable business model.” Today, we’ve come full circle as Lean goes mainstream. ” Groucho Marx.

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Introducing Lean Planning: How to plan less and grow faster

Up and Running

Today, I want to introduce you to a new concept for starting and growing successful companies: Lean Planning™. Before I dive too deeply into the Lean Planning methodology, it makes sense to talk about its history and where it comes from. It starts with “Plan-As-You-Go” instead of detailed, formal business plans.

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