All posts in tag: Lean Startup

Steve Blank How to Find the Right Co-Founders

How do you figure out what’s the right mix of skills for the co-founders of your startup?

Surprisingly if you’ve filled out the business model canvas you already know who you need.

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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. … More >

Steve Blank Why Translational Medicine Will Never be the Same

There have been 2 or 3 courses in my entire education that have changed
the way I think.  This is one of those.
Hobart Harris Professor and Chief, Division of General Surgery at UCSF

For the past three years the National Science Foundation Innovation Corps has been teaching our nations best scientists how to … More >

Steve Blank How To Think Like an Entrepreneur: The Inventure Cycle

The Lean Startup is a process for turning ideas into commercial ventures. Its premise is that startups begin with a series of untested hypotheses. They succeed by getting out of the building, testing those hypotheses and learning by iterating and refining minimal viable products in front of potential customers.

That’s all well and … More >

Steve Blank Why Founders Should Know How to Code

“By knowing things that exist, you can know that which does not exist.” — Book of Five Rings

A startup is not just about the idea, it’s about testing and then implementing the idea. A founding team without these skills is likely dead on arrival.

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I was driving home from the BIO conference in San … More >

Steve Blank How Investors Make Better Decisions: The Investment Readiness Level

Investors sitting through Incubator or Accelerator demo days have three metrics to judge fledgling startups – 1) great looking product demos, 2) compelling PowerPoint slides, and 3) a world-class team.  Other than “I’ll know it when I see it”, there’s no formal way for an investor to assess project maturity … More >

Steve Blank I-Corps @ NIH – Pivoting the Curriculum

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 >

Steve Blank Get the Heck Out of the Building in Founders School Part 2

With a ~$2 billion endowment the Kauffman Foundation is the largest non-profit focused on entrepreneurship in the world. Giving away $80 million to every year (~$25 million to entrepreneurial causes) makes Kauffman the dominant player in the entrepreneurship space.

Kauffman launched Founders School - a new education series to help entrepreneurs develop their businesses during the startup stage … More >

Steve Blank Time for Founders School

Having a film crew in your living room for two days is something you want to put on your bucket list.

With a ~$2 billion endowment the Kauffman Foundation is the largest non-profit focused on entrepreneurship in the world. Giving away $80 million to every year (~$25 million to entrepreneurial causes) makes Kauffman the dominant player … More >

Steve Blank Bigger in Bend – Building a Regional Startup Cluster, Part 1 of 3

When Customer Development 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.

Dino and I kept in touch as he moved up to Bend, Oregon on a mission to engineer Bend into … More >

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