Resource: Steve Blank on the startup journey

“How to Raise Money – It’s a Journey Not An Event” (blog post and podcast by Steve Blank, embedded below) is a fantastic resource for understanding the different stages of development in the early life of a new company, and how priorities shift. It’s helpful for anyone who wants to understand the world of funding rounds for startups (seed funding, Series…

Podcast recommendation: Starting Greatness, with Mike Maples Jr

With the proviso that I’m not at all convinced by the premise that scaling fast and making billions of dollars are worthy ends in themselves, I highly recommend this podcast featuring great interviews with key figures from tech and tech entrepreneurship, including favourites like Marc Andreessen and Steve Blank. (Entrepreneur and VC) Mike Maples Jr looks for lessons to help…

Fantastic resource page from Steve Blank

Go here and see what’s useful. It’s more or less all Steve Blank’s resources from all the teaching he’s done ever. Happy early Christmas.

The Toolkit – Part 1: Foundations (10) – early stage mission statements

It’s possible that in the early stages of your project or organisation you have no clear idea about how to make progress towards your vision. This is fine. In these cases you can choose to: delay officially launching and sharing about your organisation’s mission until you have a better sense of direction make research your first mission, and iterate on…

Resources: Steve Blank Playlist

If you’re not familiar with Steve Blank, start here: The Principles of Lean “No business plan survives first contact with customers.” On Acting on Customer Discovery If you’re going to go out and discover whether customers like your idea or not, this is not an outsourceable problem. The founders need to do this. Particularly, the people capable of changing strategy…

Steve Blank: definition of a startup

I’m horrified to discover that I haven’t posted anything much focusing on Steve Blank’s work on Startups, customer discovery and iteration. His definition of a startup is a great place to start: A startup is a temporary organization formed to search for a repeatable and scalable business model. Steve Blank – The Startup Owners Manual And here’s a little more:…

Strategy: from ideas to value propositions to business models

Ideas are easy. Ideas are free, they’re everywhere. The hard thing is turning ideas into value propositions that customers want, and business models that can scale. How many projects do I need to invest in to create the next growth engine? … It turns out, you’d actually need to invest in 250 projects. You start with small bets first, and…

The new possible

My sister (let’s call her Sharky) bought me a book for Christmas. Sharky lives in Argentina. She bought the book from a shop in the UK. I’m on holiday in a remote part of Indonesia. She bought the book, told me about it, and I was reading it, in less than ten minutes. This is the new reality – actually,…

Steve Blank on the Apple Watch and a revolution in healthcare

Steve Blank‘s recent post on the Apple Watch (The Apple Watch – Tipping Point for Healthcare) is another great analysis of how technological developments and business model innovation can come together to create huge value for society – and the companies that create them. He identifies at least seven conditions that the new Apple watch should be able to monitor…