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.
Over the last three years the Lean LaunchPad class has started to replace the last century’s “how to write a business plan” classes as the … More >
Today the National Institutes of Health announced they are offering my Lean LaunchPad class (I-Corps @ NIH ) to commercialize Life Science.
There may come a day that one of these teams makes a drug, diagnostic or medical device that saves your life.
Over the last two and a half years the National Science Foundation … More >
“Epiphany e·piph·a·ny noun /iˈpifənē/ : A moment of sudden revelation or insight.”
We now know how to teach entrepreneurs how to think about business models and use customer development to turn hypotheses into facts. But there is no process to teach how to get an epiphany. We can only try to create the conditions where this might … More >
Today, the first half of the Stanford Engineering Lean LaunchPad Class gave their final presentations. Here are the first five.
It Feels Like 20 Years Ago Today
It’s hard to believe it’s only been a year since we taught the first 10 teams in the Stanford Lean LaunchPad class. To share what we learned, we blogged each … More >
One of the confusing things to entrepreneurs, investors and educators is the relationship between customer development and business model design and business planning and execution.
When does a new venture focus on customer development and business models? And when do business planning and execution come into play?
Here’s an attempt to put this all in … More >
Over the last two months the U.S. government has been running one of the most audacious experiments in entrepreneurship since World War II.
They launched an incubator for the top scientists and engineers in the U.S.
This week we saw the results.
63 scientists and engineers in 21 teams made 2,000 customer calls in 8 weeks, … More >
Silicon Valley was born in an era of applied experimentation driven by scientists and engineers. It wasn’t pure research, but rather a culture of taking sufficient risks to get products to market through learning, discovery, iteration and execution. This approach would shape Silicon Valley’s entrepreneurial ethos: In startups, failure … More >