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—————- The next piece of the Secret History of SiliconValley puzzle came together when Tom Byers , Tina Selig and Mark Leslie invited me to teach entrepreneurship in the Stanford Technology Ventures Program ( STVP ) in Stanford’s School of Engineering. What Does WWII Have to Do with SiliconValley?
Therefore we needed them to think and learn about two parts of a startup; 1) ideation - how to create new ideas and 2) customerdevelopment – how do they test the validity of their idea (is it the right product, customer, channel, pricing, etc.). That’s when everything changed.
Posted on June 11, 2009 by steveblank When my students ask me about whether they should be a founder or cofounder of a startup I ask them to take a walk around the block and ask themselves: Are you comfortable with: Chaos – startups are disorganized Uncertainty – startups never go per plan Are you: Resilient – at times you will fail – badly.
CustomerDevelopment We were starting Epiphany, my last company. I was out and about in SiliconValley doing what I would now call Customer Discovery trying to understand how marketing departments in large corporations worked. He continued: “I’d like to convince my boss so our company can be your first customer.”
He would go on to be a co-founder of two mechanical engineering software companies.) Back in the 1960’s and 70’s no sane MBA’s would work for a SiliconValley startup.) While MBA’s have a ton of useful skills, what they don’t have is what most marketing departments lack – customer insight.
November 23, 2010 Entrepreneurs, Using Outsourcing to Obtain Capital Efficiency Needs to be Thought Through to be Effective - Robert Ochtel , June 7, 2010 Teen Entrepreneur, Brian Wong, Youngest Founder to Receive Angel Funding - teenentrepreneurblog.com , October 28, 2010 Build Your Own SiliconValley?
Convergent Technologies When I was in my 20’s I worked at Convergent Technologies , a company that was proud to be known as the “Marine Corps of SiliconValley.” The founders coming out of the DEC ( Digital Equipment Corporation ) and Intel culture of the 1960’s and ‘70’s. My company became the most important thing in my life.
The email continued, &# The problem I’m working on is that many founders are either making uninformed decisions or inefficiently learning the new skills they need. The solution I’m exploring is a just in time learning methodology that accelerates founders’ learning curve by aggregating relevant content, peers and mentors.&#.
For example: Mitch Kapor was a founder of Lotus. As the emeritus Chief Technology Officer of the United States, he still connects government and SiliconValley. He’s a founder of Andreessen Horowitz, which has backed Facebook, Skype, Jawbone, and dozens of other companies whose products you use.
Eric was the very first practitioner of my CustomerDevelopment methodology which became the core of the the Lean methodology. Jon Sebastiani , founder and CEO of KRAVE Jerky , a company that got its start in my class at Berkeley back in 2011 and was recently acquired by Hershey. Taking My Class.
Jeff Katzenberg has a great track record – head of the studio at Paramount, chairman of Disney Studios, co-founder of DreamWorks and now chairman of NewTV. First Movers” didn’t understand customer problems or the product features that solved those problems (what we now call product-market fit). ” Fire, Ready, Aim.
The Cinepak codec was written by the engineer who would become my cofounder at Rocket Science Games.) A company called Aapps, founded by Nolan Bushnell (founder of Atari), make a product called the MicroTV, Digivideo, and Digivideo Color in the 1990 – 1991 timeframe that displayed live video in a window on the Mac. Order Here.
The answer depends on your answer to two questions: which step in the CustomerDevelopment process are you on? CustomerDevelopment and Selling Strategy If you’ve just started your company you are in customer discovery. Hiring a VP of Sales in customer discovery typically sets a startup back.
The culture and work ethic of Convergent had earned it the title “the Marine Corps of SiliconValley”. Unlike Intel chips, MIPS chip architecture also made it possible to plug in a math co-processor. A few days later Gordon became a founder. Steve Blanks 30 years of SiliconValley startup advice. Order Here.
Equity-Only CTO and Equity-Only Developers - SoCal CTO , November 1, 2010 I had a recent email dialog with the founder of a company looking for a CTO for their startup. And I tried to evaluate the idea and figure out: What did the founder really need here? Was it a Startup FounderDeveloper Gap ? What went wrong?
Innovation outposts in SiliconValley allow big companies to sense and respond to rapid changes in technology. The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. And download any of the past shows here.).
Ryan Hoover is the co-creator of Product Hunt and EIR at Tradecraft. Even its founders couldn’t quite describe it, let alone foresee what it would become. For the past year, they invested in the team and technology to prioritize speed of iteration with disregard to traditional methods of customerdevelopment and company building.
female founders. founder friday. Lessons learned from female founders and women entrepreneurs. Startup Quote: Wendy Tan White on Building a Successful Startup » FounderDating: How I Found My Co-Founder. Tweet By Elizabeth Knopf (Co-Founder & CEO, Sorced). Conference 2012.
Luckily (or maybe because we were in SiliconValley where there was a domain expert for everything) there was a very smart consultant in the retail computer space, Seymour Merrin, who preached about the importance of packaging. Hopefully you and your co-founders are experts in one or two parts (agile development, SEO/SEM, etc.)
The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Jeremy Johnson , founder of Andela , which embeds talented software engineers on the African continent into top engineering organizations worldwide. Jeremy Johnson.
Funding challenges and other issues founders face in the early days of starting up were the focus of interviews with the latest guests on Entrepreneurs are Everywhere , my radio show on SiriusXM Channel 111 (airing weekly Thursdays at 1 pm Pacific, 4 pm Eastern). Will Zell , co-founder and CEO of Nikola Labs wireless power company.
If you’re a technical startup founder, one of the painful lessons is that it’s not enough just to build a great product. You must also understand the value the product provides customers (along with the rest of your business model.). Clay Hebert , founder of Crowdfunding Hacks. Clay Hebert.
The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Jeremy Johnson , founder of Andela , which embeds talented software engineers on the African continent into top engineering organizations worldwide. Jeremy Johnson.
As Eric puts it in the webcast, “I’ve met now the CEOs of some of the biggest companies in the world, and I still spend time with the CEOs of high-growth SiliconValley companies from the garage on up, and what all those people have in common is that they are seeking out sources of sustainable growth….
Entrepreneurs beyond SiliconValley, including those working abroad, often have to retool Lean Startup methods to apply them in places with very different business cultures. Those conversations can often circle around the difficulties of entrepreneurship outside SiliconValley. On September 24 in the U.S.
When CustomerDevelopment and the Lean Startup were just a sketch on the napkin, Dino Vendetti, a VC at Bay Partners, was one of the first venture capitalists I shared my ideas with. Over the years we brainstormed about how Lean entrepreneurship would affect regional development. SiliconValley Transplants.
Founder Dialogues : Eric Paley plays talk show host on this recurring fireside chat style event that has featured Boston’s BEST founders. OnStartups: One of the largest online startup communities founded by HubSpot founder Dharmesh Shah. Boston Hardware Startup Meetup – Meetup organized by the founders of BOLT.
Using mTurk to interview 100 customers (in 4 hours) | CustomerDevelopment Labs - [link]. Google App Engine is ready for primetime says Reddit/Hipmunk co-founder – [link]. There Are Plenty Of Failures In SiliconValley, Thanks – [link]. Does your startup require a miracle? .
The company’s two co-founders had created a new technology and an innovative business strategy. The engineering co-founder had created a consumer electronics security product that created an entirely new category. The other founder, the business guy, managed to get its product legislated into consumer electronics devices.
Everyone I met in this program “gets” the principles of Agile, Lean and CustomerDevelopment big time. The TechArb is the engineering student accelerator/incubator (cofounded by the local VC ) and also embraces these ideas. Visiting SiliconValley you can’t mistake that its primary business is innovation.
My co-author and business Partner Bob Dorf spends much of his time traveling the world teaching countries and companies how to run the Lean LaunchPad program. The program is funded by the Colombian government and modeled after the NSF Innovation-Corps program created and built by my partner and co-author Steve Blank.
A startup founder needs to never lose sight of the vision, but be extremely adaptable to pretty much everything else. And realizing your vision as a founder takes equal parts determination and flexibility. And realizing your vision as a founder takes equal parts determination and flexibility. Lots of people have visions.
A startup founder needs to never lose sight of the vision, but be extremely adaptable to pretty much everything else. And realizing your vision as a founder takes equal parts determination and flexibility. And realizing your vision as a founder takes equal parts determination and flexibility. Lots of people have visions.
Foreign visitors to SiliconValley continually mention how willing we are to help, network and connect strangers. Engineers in the very small world of silicon and semiconductors would meet at the Wagon Wheel and swap technical problems and solutions with co-workers and competitors. It's the "Pay-It-Forward" culture.
Amsterdam-based startup accelerator Rockstart last year launched a program to find and support ten teams of startup founders in Europe. Of the ten startups in the inaugural 2012 class, four have raised follow-on funding to date, and one even reached the break-even point and expanded to SiliconValley.
My co-author and business Partner Bob Dorf spends much of his time traveling the world teaching countries and companies how to run the Lean LaunchPad program. The program is funded by the Colombian government and modeled after the NSF Innovation-Corps program created and built by my partner and co-author Steve Blank.
The Churchill Club , SiliconValley’s largest public affairs organization, invited Carl Schramm , president and CEO of the Kauffman Foundation and I to talk about entrepreneurship. Rich Karlgaard , publisher of Forbes and co-founder of the Churchill Club refereed the event. Filed under: CustomerDevelopment.
The show follows the journeys of founders who share what it takes to build a startup – from restaurants to rocket scientists, to online gifts to online groceries and more. Andy Cunningham , founder and CEO of Cunningham Collective. Andy came to SiliconValley in 1983 to work for Regis McKenna and help Steve Jobs launch the Macintosh.
Biological Clocks After Convergent and now single again, I was a co-founder of my next two startups; MIPS and Ardent. In hindsight this list looks pretty organized but in reality we made it up as we went along, accompanied with all the husband and wife struggles of being married and trying to raise a family in SiliconValley.
Years later this area would become known as SiliconValley. As time went on, I was a co-founder or member of the starting team for six high-tech startups…. But I learned that in SiliconValley, honest failure is a badge of experience. My third story is about Failure and Redemption.
In CustomerDevelopment the goal of a minimum feature set is to pare the features of the first product release to the minimum necessary for early customers. Founder Too. My engineering co-founder and I had a great relationship. Founders’ start with a hypothesis of what the minimum feature set is.
But a new class of life science/healthcare co-working and collaboration space is another. A new life science/healthcare co-working and collaboration space. It looks like someone is actually pulling this together in a life science/healthcare co-working and collaboration space in Chicago called MATTER.
The Churchill Club , SiliconValley’s largest public affairs organization, invited Carl Schramm , president and CEO of the Kauffman Foundation and I to talk about entrepreneurship. Rich Karlgaard , publisher of Forbes and co-founder of the Churchill Club refereed the event. the video skipped or something?
I just spent a month and a half at Imperial College London co-teaching a “Wicked” Entrepreneurship class. Co mpanies also face Wicked problems. In this case Wicked doesn’t mean morally evil, but refers to really complex problems, ones with multiple moving parts, where the solution isn’t obvious.
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