Steve Blank

JUNE 26, 2014

We’ve pivoted our Lean LaunchPad / I-Corps curriculum. We’re changing the order in which we teach the business model canvas and customer development to better-fit therapeutics, diagnostics and medical devices. The Lean LaunchPad is now being taught in over 100 universities. Filed under: Lean LaunchPad , Life Sciences , Teaching.

Intellectual Property 290

Intellectual Property Lean IP Open Source 290

Up and Running

AUGUST 20, 2018

This article is part of our “ Business Planning Guide “ —a curated list of our articles that will help you with the planning process! What is a business plan? In its simplest form, a business plan is a guide—a roadmap for your business that outlines goals and details how you plan to achieve those goals.

Business Plan 119

Business Plan Technical Review Lean Forecast 119

Up and Running

OCTOBER 3, 2017

This article is part of our “Business Planning Guide” —a curated list of our articles that will help you with the planning process! Start from the very beginning understanding that your business plan ought to be specific to your business needs and objectives. Build your plan, then organize it.

Business Plan 134

Business Plan Balance Sheet Forecast Lean 134

Up and Running

AUGUST 21, 2018

This article is part of our Business Planning Guide —a curated list of our articles that will help you with the planning process! Today, I want to introduce a new approach to business planning: Lean Planning. Lean Planning is simpler and faster than writing a traditional business plan.

Lean 134

Lean Forecast Software Review Business Plan 134

YoungUpstarts

OCTOBER 19, 2017

The lean start-up movement has been based on a single insight – which the purpose of a start-up is to discover a business model that works. In this article we explore the unique challenges of a lean start-up and how Outsourced Product Development (OPD) can be used to overcome them. The Lean Start-Up Environment.

Product Development 153

Product Development Lean Developer Product 153

Steve Blank

APRIL 16, 2013

.” It defined a startup as a “temporary organization designed to search for a repeatable and scalable business model.” Today its concepts of “minimum viable product,” “iterate and pivot”, “get out of the building,” and “no business plan survives first contact with customers,” have become part of the entrepreneurial lexicon.

Technical Review 223

Technical Review Lean Venture Capital Customer Development 223

Startup Professionals Musings

NOVEMBER 28, 2020

He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map. The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

Steve Blank

FEBRUARY 6, 2014

The concepts in my Lean LaunchPad curriculum can be taught in a variety of classes–as an introduction to entrepreneurship all the way to a graduate level “ capstone class.”. Our Lean LaunchPad class requires student teams to get out of the building and talk to 10-15 customers a week while they’re building the product.

Lean 286

Lean Customer Development Business Model Email 286

Up and Running

JULY 1, 2020

A good business plan is critical to starting a successful business. Creating a plan for business expansions is no less essential. And using your business plan template to develop an expansion plan increases your odds of success and allows you to avoid bad investments.

Business Plan 152

Business Plan Forecast Operations Dilution 152

Steve Blank

JUNE 8, 2021

The trick is we use the same Lean LaunchPad / I-Corps curriculum — and the same class structure – experiential, hands-on– driven this time by a mission -model not a business model. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011. Goals for the Hacking for Defense Class.

Lean 417

Lean Security Asia SBIR 417

SoCal CTO

OCTOBER 6, 2011

Vision Synching in a Lean Startup The Fallacy of Customer Development Entrepreneurs, Lower Investors’ Risk by Validating your Start-up Company’s Business Proposition Lessons Learned: What is customer development? billion dollar mistake. billion dollar mistake.

Customer 227

Customer Fractional CTO Viral Lean 227

YoungUpstarts

MAY 9, 2017

Lean is a methodology that can be applied to all disciplines of knowledge work to increase business efficiency, agility, and visibility. Due to its roots in manufacturing, Lean is often equated with the elimination of waste, but this view of Lean misses the mark on realizing its true value. Lean Transformations.

Lean 124

Lean Agile Technical Review Dilution 124

Steve Blank

FEBRUARY 23, 2013

To get some perspective on this question, I recently talked with Steve Blank , a serial entrepreneur, co-author of The Start-Up Owner’s Manual, and father of the “lean start-up” movement. Finding a viable business model is not a linear, analytical process that can be guided by a business plan.

Business Model 334

Business Model Technical Review Business Plan Search 334

Steve Blank

DECEMBER 13, 2010

But to give you a sense of how fast they are moving, it’s only been a week since I posted the syllabus for our new Stanford entrepreneurship class Engr245 ( The Lean Launchpad.) Here’s the course announcement from Professor Vergara (in English): Customer Development Course in Chile – Lean Launchpad. Filed under: Teaching.

Chile 241

Chile Silicon Valley Lean Agile 241

Up and Running

JANUARY 8, 2019

The basic idea of a sample business plan makes perfect sense. If you haven’t done a business plan before, a sample plan gives you an instant idea of what you should include, how to structure it, and even what to write. Here’s how to get the most of any sample business plan.

Business Plan 118

Business Plan Lean Oregon Matching 118

Up and Running

MAY 21, 2020

For example, in a retail store, the list might include writing an initial business plan, choosing a location, fix-up and fixtures, signage, initial stock, staffing, and marketing your launch. Do a lean business plan. Develop a lean business plan. Still there? Passing so far?

Lean 186

Lean Business Plan Software Review Angel Investor 186

Up and Running

JANUARY 25, 2018

What exactly needs to be included in a business plan, and in how much detail? You may have been told that the more detail you can include in your business plan, the better, but this is not necessarily the best strategy for everyone. Digital businesses need to be agile and reactive too.

eCommerce 96

eCommerce Business Plan Audience Lean 96

Up and Running

APRIL 9, 2019

Why add a SWOT analysis into your business plan and the strategic planning process? I believe in it because the SWOT phase was vital to my planning process as I grew Palo Alto Software from zero to over $5 million in annual sales. Just like the Lean Planning approach to business planning, less is more.

Business Plan 89

Business Plan Software Review Differentiation Framework 89

Up and Running

MARCH 8, 2022

Writing a business plan doesn’t have to be a daunting process that takes weeks or months. Writing a plan just takes a little bit of preparation and a methodology that will guide you through the process, step-by-step. Can you really write a business plan in a day? Business plans can come in many shapes and sizes.

Business Plan 105

Business Plan Forecast Software Review Widget 105

SoCal CTO

JANUARY 5, 2011

Will Price , October 11, 2010 Georgians Should Vote No - Force of Good: a blog by Lance Weatherby , October 28, 2010 Free Software for Managing a Lean Startup - Platforms and Networks , January 17, 2010 Purpose Driven Life - Journey of a Serial Entrepreneur , July 26, 2010 Two Decade-Defining Acquisitions?

Silicon Valley 378

Silicon Valley Startup Term Sheet Venture Capital 378

Up and Running

MAY 14, 2015

Business plans go by many names: Strategic plans, operational plans, internal plans, and many others. Lately, I’ve been focusing on lean business plans. There are also one-page business plans, although those are really more summaries. Business plans for startups.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Steve Blank

JUNE 12, 2020

And the trick is we use the same Lean LaunchPad / I-Corps curriculum — and kept the same class structure – experiential, hands-on, driven this time by a mission -model not a business model. Hacking for Defense has its origins in the Lean LaunchPad class I first taught at Stanford in 2011.

Oakland 315

Oakland Asia Lean Video 315

Up and Running

SEPTEMBER 19, 2018

Write your business plan and develop your business model with this in mind so you can avoid these issues. . You can choose from a few different types of business plans depending on your needs. If you’re seeking investment, you need a traditional business plan. Executive summary. Conclusion.

Business Plan 154

Business Plan Technical Review Forecast Software Review 154

Up and Running

MARCH 26, 2015

Unsure what kind of business plan you need? We get this question a lot, mainly because there are so many different things labelled as business plans: strategic plans, annual plans, operational plans, feasibility plans, and, of course, what most people think of, business plans for startups seeking investment.

Business Plan 60

Business Plan Lean Forecast Balance Sheet 60

Steve Blank

APRIL 4, 2011

The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. This week they were testing who the customer, user, payer for the product will be (and discovering if they have a multi-sided business model , one with both buyers and sellers.) This post is part four. Syllabus is here.

Customer 241

Customer Business Model Nebraska Cloud 241

Steve Blank

FEBRUARY 23, 2013

To get some perspective on this question, I recently talked with Steve Blank , a serial entrepreneur, co-author of The Start-Up Owner’s Manual, and father of the “lean start-up” movement. Finding a viable business model is not a linear, analytical process that can be guided by a business plan.

Business Model 226

Business Model Business Plan Technical Review Search 226

Startup Professionals Musings

SEPTEMBER 16, 2023

He nails the current key startup parameters, including the following: Crafting a lean business plan as your road map. The days of lengthy, text-heavy, business plan documents prepared by expensive experts are behind us.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

YoungUpstarts

MAY 15, 2013

So it makes sense, that as Sheryl Sandberg points out in the much talked about book, “ Lean In: Women, Work, and the Will to Lead “, “many women are reluctant to make a focused effort to lead in the workplace” My advice? When you’re bright and talented, you can make your own way by starting your own business.

Lean 145

Lean America Social Media Networking 145

Steve Blank

DECEMBER 7, 2009

No business plan survives first contact with customers The real value is finding the product/market fit. EE Reply My take on Customer Development and the Lean Startup | Recess Mobile Blog , on January 9, 2010 at 5:30 am Said: [.] This is the pivot, a crucial tactical maneuver for the lean startup [.]

Silicon Valley 261

Silicon Valley Non-disclosure Agreement NDA Startup 261

Steve Blank

SEPTEMBER 6, 2012

You may have read my previous posts about the Lean LaunchPad class taught at Stanford , Berkeley, Columbia , Caltech and for the National Science Foundation. I wondered if business plans and 5-year forecasts were the right way to plan a startup. He called it the “Lean Startup.”. Now you too can take this course.

Lean 324

Lean Georgia Michigan Business Model 324

Steve Blank

JANUARY 6, 2021

Over the weekend I got asked the best way to teach students the principles of Lean via Zoom. Here’s what I suggested they offer their students: Lean in Context. No Business Plan Survives First Contact With Customers. The Business Model. An introduction to The Business Model Canvas. Jobs to be done.

Lean 367

Lean Customer Development Business Model Video 367

Steve Blank

MAY 23, 2016

Established businesses execute business models while startups search for them. I was a lone voice inside one of the country’s leading business schools challenging the conventional wisdom of the last 40 years, proposing that everything we were teaching about starting companies was wrong. How did this happen?

Lean 224

Lean Technical Review Vietnam Engineer 224

Steve Blank

MAY 6, 2013

The Harvard Business Review is offering free reprints of the May 2013 cover article, “ Why the Lean Startup Changes Everything “ Available here.

Lean 333

Lean Venture Capital Customer Development Startup 333

Up and Running

MAY 12, 2020

Develop a Business Plan. It’s been proven that planning makes you more successful. Beyond writing a business plan to acquire funding (if that’s what you need), a business plan can help keep you on track to meet your milestones and goals. Determine what type of business plan is right for you .

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

Up and Running

DECEMBER 11, 2019

Did you know that December is National Write a Business Plan Month? If you’ve been putting off writing your business plan—there’s not enough time, the financials are too complicated—it’s not too late to cross it off your list before the new year. Tell someone you’ve committed to writing your business plan.

Business Plan 73

Business Plan Lean Software Review Early Stage 73

Steve Blank

MAY 6, 2015

I am always surprised when critics complain that the Lean Startup’s Build, Measure, Learn approach is nothing more than “throwing incomplete products out of the building to see if they work.”. It’s time to update Build, Measure, Learn to what we now know is the best way to build Lean startups. Here’s how. Build-Measure-Learn.

Lean 120

Lean Agile Business Model Customer Development 120

Steve Blank

JUNE 18, 2013

The Lean LaunchPad entrepreneurship curriculum has caught fire. I wondered if business plans and 5-year forecasts were the right way to plan a startup. I wondered if business plans and 5-year forecasts were the right way to plan a startup. We were putting the plan before the planning.

Lean 295

Lean Agile Customer Development Business Model 295