Steve Blank

SEPTEMBER 16, 2014

I was having breakfast with Radhika, an ex-grad student of mine who wanted to share her Customer Discovery progress for her consumer hardware startup. Activities define the unique expertise your company needs to deliver the value proposition, customers, channels, customer relationships and/or revenue. (If Customer Development'

Cofounder 335

Cofounder Founder Intellectual Property Business Model 335

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. Building a minimum viable product, with customer validation. Early customer feedback will position your solution, and help you make pivots before critical time and money are lost.

Intellectual Property 404

Intellectual Property Startup Angel Groups Social Media 404

Steve Blank

JANUARY 15, 2017

I-Corps uses Lean Startup methods to teach scientists how to turn their discoveries into entrepreneurial, job-producing businesses. But I haven’t forgotten that before everyone else thought that teaching scientists how to build companies using Lean Methods might be a good for the country, there was one congressman who got it first.

Lean 274

Lean Technical Review Government Washington 274

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

Startup Professionals Musings

JULY 8, 2022

Today more than ever, the evidence is clear that business people need to find and communicate a purpose that goes beyond making a profit, in order to ensure customer engagement, as well as your own, and drive results in the marketplace. As you grow, so will your team and customers. Driven to reduce personal hardship and suffering.

Technical Review 357

Technical Review Green Social Media Lean 357

Both Sides of the Table

OCTOBER 14, 2013

It was hard to imagine customer service reps who had learned every keystroke short-cut by heart on a green screen and weren’t eager to embrace the obvious future. I learned the hard way. When computers moved from “green screens” to Windows we – the educated, young, technophiles – easily grasped the concept.

Product 408

Product San Francisco Green Technical Review 408

Steve Blank

MAY 19, 2021

To help a large Defense organization wrestle with how to increase the velocity of innovation in their ranks Steve Blank and I spent the better part of last week with our heads together reviewing everything we learned in the five years since we merged the concepts of problem curation and Lean while launching the innovation pipeline.

Curation 353

Curation Technical Review Lean Australia 353

Both Sides of the Table

AUGUST 17, 2014

In this short clip below, Nanea emphasizes this important point – if you create a product customers love, it will ultimately be a good business decision as well. There is a tangible understand that comes from engineers talking with real customers that simply can’t be gleaned from intuition or staring at computer screens.

Technical Review 315

Technical Review Leadership Engineer RSS 315

Steve Blank

OCTOBER 31, 2016

The cross-disciplinary class brings students from widely divergent backgrounds together in teams of three to five, each aiming to tackle a gnarly international problem vexing Foggy Bottom in just 10 weeks by applying Lean LaunchPad methodology. Students also got a crash course on customer discovery in the foreign policy universe. “Get

Lean 120

Lean Saudi Arabia Austria Silicon Valley 120

The Startup Magazine

JANUARY 25, 2024

Utilize Lean Project Management As a strategic framework, lean project management is useful for startups in an environment where resources are limited. The efficiency-driven nature of Lean methodology guarantees that all work adds directly to the product’s value offer.

Framework 158

Framework SCRUM Management Agile 158

Steve Blank

JANUARY 6, 2021

Over the weekend I got asked the best way to teach students the principles of Lean via Zoom. I realized that pre-pandemic I had put together a series of two-minute videos called “See Why.” Here’s what I suggested they offer their students: Lean in Context. No Business Plan Survives First Contact With Customers. How big is it

Lean 367

Lean Customer Development Business Model Video 367

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. Building a minimum viable product, with customer validation. Early customer feedback will position your solution, and help you make pivots before critical time and money are lost.

Intellectual Property 261

Intellectual Property Entrepreneur Angel Groups Social Media 261

Steve Blank

NOVEMBER 18, 2016

We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. Machine Learning Meets Lean – Berkeley Lean LaunchPad Class. Get of the building and test those hypotheses using customer development.

Artificial Inteligence 325

Artificial Inteligence Lean Exit Strategy Startup 325

View from Seed

MARCH 11, 2020

This includes things like: Making intros to portfolio companies that are potential customers. In a way, customer intros are always good, so this could also be done earlier in the process. These are people who would vouch for you, but you only want to lean on for a small handful of high priority investors.

Technical Review 279

Technical Review Due Diligence Term Sheet Seed Stage 279

Steve Blank

JULY 25, 2023

Now at Imperial College Business School and Co-Founder of the Wicked Acceleration Labs , Cristobal and I wondered if we could combine the tenets of Lean (get out of the building, build MVPs, run experiments, move with speed and urgency) with the expanded toolset developed by researchers who work on Wicked problems and Systems’ Thinking.

Lean 295

Lean Chile Ukraine Spain 295

ConversionXL

NOVEMBER 10, 2021

To steal customers away from competitors without throwing endless amounts of money at major advertising platforms, work smarter, not harder. Detail the customer demographics that purchase certain products or services. LinkedIn’s social media customer story video uses social proof to sell its Sales Navigator feature: Image source.

Advertising 131

Advertising Cost Customer PR 131

Steve Blank

JANUARY 19, 2022

SAVE THE DATE for the 5th Lean Innovation Educators Summit on The Role of Educators and the University in Building Sustainable and Innovative Ecosystems February 3rd, 2022 from 1 to 4pm EST, 10 to 1pm PST Join me, Jerry Engel, Pete Newell, and Steve Weinstein as well as educators from universities around the world for this upcoming event.

Lean 375

Lean Milwaukee San Francisco Wisconsin 375

Steve Blank

JUNE 23, 2020

As the economy reopens companies are finding that customers may have disappeared or that their spending behavior has changed. While there’s agreement that companies need to adapt to changing markets, rapidly find new markets, new customers and new revenue models, the question is how ? Accounts receivables are stretching way out.

Customer 436

Customer Marketing Customer Development Lean 436

Steve Blank

DECEMBER 2, 2013

We talk a lot about Customer Development, but there’s nothing like seeing it in action to understand its power. But the big payoff came when their discussions with medical device customers revealed an entirely new way to think about pricing —potentially tripling their revenue. The class has talked to ~2,200 customers to date.

Customer 328

Customer Churn Rate Customer Development Lean 328

Steve Blank

NOVEMBER 4, 2021

Lean Methodology consists of three tools designed for entrepreneurs building new ventures: The Business Model Canvas – to write down all the hypotheses about a new business; Customer Development – a process for testing those hypotheses outside the building; Agile Engineering – to rapidly build minimal viable products to test product/market fit.

Customer 427

Customer Marketing Lean Vertical 427

Steve Blank

MAY 9, 2017

In the 20 th century startups I was part of, the time to build a first product release was measured in years as we turned out the founder’s vision of what customers wanted. Yet time after time, after the product shipped, startups would find that customers didn’t use or want most of the features. Founders Need to Run the Company Longer.

Restful 249

Restful Silicon Valley San Jose Puerto Rico 249

Steve Blank

NOVEMBER 7, 2013

In 2012 I got together with Alexander Osterwalder , Henry Chesbrough and Andre Marquis to think about the Lean and the future of corporate innovation. It didn’t take us very long to connect the dots between exponential growth, business model innovation and the “Lean Startup” movement. in developing these new models.

Lean 331

Lean Nepal Cofounder Customer Development 331

YoungUpstarts

JANUARY 28, 2020

When Netflix began streaming media directly to customers in 2007, it changed the face of home entertainment. If your community has robust job growth and economic development, then you’ll have more potential customers to serve. by Dan Lauer , founding executive director of UMSL Accelerate. Change is unavoidable in business.

Los Angeles 218

Los Angeles Green San Francisco Community 218

Steve Blank

MAY 7, 2019

Lean Methodology consists of three tools designed for entrepreneurs building new ventures: The Business Model Canvas – to write down all the hypotheses about a new business; Customer Development – a process for testing those hypotheses outside the building; Agile Engineering – to rapidly build minimal viable products to test product/market fit.

Lean 334

Lean Marketing Agile Customer Development 334

Steve Blank

JUNE 28, 2014

If you can’t see the video click here Filed under: 2 Minute Lessons , Business Model versus Business Plan , Customer Development , Lean LaunchPad , Teaching. 2 Minute Lessons Business Model versus Business Plan Customer Development Lean LaunchPad Teaching'

Customer 320

Customer Search Lean Business Model 320

Up and Running

SEPTEMBER 15, 2021

Follow lean product development strategy (MVP strategy). Lean product development strategy or MVP (Minimum Viable Product) refers to creating a product with core features and offering it to a specific audience to get feedback.

Cost 158

Cost Developer Azure Churn Rate 158

YoungUpstarts

AUGUST 21, 2020

And if the financial professional does not already have all of the information needed to correct the application, it has to go back to the client, which not only slows the process down but also creates a poor customer experience. Applications can be submitted and processed faster, which lets customers get their policies issued faster.

Technical Review 244

Technical Review SEC Affiliate Technology 244

Steve Blank

APRIL 7, 2020

The classes are built on the Lean Startup methodology: Customer Discovery, Agile Engineering and the Business/Mission Model Canvas. So how do our students get out of the building to talk to customers to do Customer Discovery when they can’t get out of the building? Reminder: What’s the Point of Talking to Customers ?

Customer 422

Customer Business Model Restful Video 422

Up and Running

MAY 12, 2020

Your plan doesn’t need to be a lengthy document either, especially if you follow a Lean Planning methodology. Now if you’re looking for an active plan that you can edit and adjust over time, you may want to consider creating a lean plan. Customer relationship management software. Share customer stories and experiences.

Software Review 153

Software Review Exit Strategy Technical Review Business Plan 153

Hunter Walker

AUGUST 31, 2021

But I also wanted to suggest there’s a coming Gen 4 of SaaS leaning heavily into EQ instead of IQ because I truly believe the Future of Work involves understanding emotions not just data. Other times it was their teams, customers or reporters probing for their POV. In some cases these leaders wanted to be proactive in the moment.

Software 147

Software Vertical Framework Finance 147

Up and Running

AUGUST 30, 2021

When we graduate, we don’t really know what a “good customer” is. For Alex at Origin , a scheduling and booking platform for outdoor guiding companies, he soon realized that for the company to grow exponentially, they’d need thousands of customers because of how fragmented the market is. Go lean with your planning.

Entrepreneur 132

Entrepreneur Lean Colorado Engineer 132

Up and Running

JUNE 25, 2020

And while generating new business and growing your customer base is necessary to succeed, it doesn’t happen overnight. Know your customers. Knowing who your customers are and what they need is vital. But now you have an active customer base that you need to engage with and in the process improve your business.

Small Business 180

Small Business Hosting Social Media Community 180

ReadWriteStart

APRIL 8, 2023

Customers will be even more comfortable with the introduction of voice commerce, another unicorn of the online shopping experience. Sustainability is the Queen In 2023, customers have become even more environmentally conscious, as recent statistics prove. Only in 2021, 72.9% Amazon has been at it for years.

eCommerce 185

eCommerce Technical Review Software Review Analytics 185

Up and Running

OCTOBER 30, 2020

Once your business is up and running and as new customers buy your products, referrals will start rolling in organically. Think about it — your customers will likely showcase your products to their friends and family, and your brand name will come up in conversations and recommendations. Take the company iWader as an example.

eCommerce 152

eCommerce Sales Software Review Canada 152

Steve Blank

OCTOBER 7, 2019

It’s been almost a decade since we first started teaching the Lean Methodology. But in all that time, we haven’t gotten a large group of educators together to talk about what it’s been like to teach Lean or the impact it’s had in their classrooms and beyond. What’s next for Lean and entrepreneurial education.

Lean 45

Lean South America Asia Australia 45

Duct Tape Marketing

SEPTEMBER 26, 2024

Exclusive to new customers—upgrade and grow your business with ActiveCampaign today! They provide every new customer with one-on-one personal training and free migrations from your current marketing automation or email marketing provider. Now, this offer is limited to new active campaign customers only. I found it.

Software Review 80

Software Review Security Distribution IP 80

Steve Blank

JANUARY 15, 2017

I-Corps uses Lean Startup methods to teach scientists how to turn their discoveries into entrepreneurial, job-producing businesses. But I haven’t forgotten that before everyone else thought that teaching scientists how to build companies using Lean Methods might be a good for the country, there was one congressman who got it first.

Lean 120

Lean Technical Review Government Washington 120