Is your startup is trying to ressegment existing markets or create a new market? See why Steve Blank says the petal diagram is the way to go (and why X/Y graphs should be used for existing markets).
Tag Archive: Steve Blank
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Asking, “Can I have coffee with you to pick your brain?” is probably the worst possible way to get a meeting with someone with a busy schedule. Here’s a better approach.
“A startup is an organization formed to search for a repeatable and scalable business model”. – Steve Blank
By Maria Brilaki (Founder, Fitness Reloaded)
I am a Stanford Engineering grad and getting my master’s degree in business this month. Reflecting back on what I learned in getting the MBA, I realize that the knowledge I got is not particularly useful to me as a startup founder. There is a good reason for that.
As Steve Blank says, a startup does not
I have found that podcasts that I listen to while running or exercising tend to affect and stick with me much more effectively than those that I listen to while working at a computer.
By Courtney Powell (Founder & CEO, PublikDemand)
A good friend once told me that running is like a “bath for your business brain”. It’s absolutely true.
My co-founders and I took up running as a team about four months ago as a way to relieve stress, keep focused and counterbalance our startup diet.
Smart$ program informs, inspires, educates, and prepares business angels and venture capitalists for future investments in IT startups.
By Pemo Theodore (Founder, Ezebis)
Join us at the StartupMonthly Smart$ (SmartMoney) (November 12-15, 2012 in Silicon Valley). I am very excited to be asked to coordinate this program and it is shaping up to be an exciting line up of venture capitalists and angel investors who are significant in the startup ecosystem.
Black Founders events are open to entrepreneurs of all races and encourages all interested to attend.
Black Founders hosts Ideas Are Worthless on Thursday, September 6, 2012 in San Francisco, CA. The all-day conference features Michael Seibel (Founder of SocialCam), Steve Blank (Author of 4 Steps To The Epiphany), Charles Hudson (Venture Partner at SoftTech VC), Angela Benton (Founder of NewMe Accelerator), Ann Winblad (Partner of Hummer Winblad) and many more.
Women 2.0 members save 20% when registering with discount code “women2”.
Entrepreneurs taking part in the conference will benefit
We had a grand vision for the company and I believed in Daniel’s ability to execute from the technical side of things and mine to develop a business around it.
By Erica Brescia (CEO, BitRock)
One of my first lessons in business came at about the age of 5 after tiring of selling lemonade and bags of baby carrots out of our makeshift stand in my driveway in northern California. My best friend and I decided to try something a little more inventive. We caught a slew of tadpoles in a nearby pond and launched our tadpole stand. Sadly, there were no takers. My father, an entrepreneur himself, took this opportunity to explain the basics of supply and demand.
The desire to start and build my own company has always been a constant in my life. The challenge that I had was that I wasn’t sure exactly what kind of company I wanted to start.
Editor’s note: Jessica Bishop was a 2010 PITCH finalist – Apply for the PITCH NYC Startup Competition by August 31, 2012 for your chance to present onstage in November at our conference.
By Jessica Bishop (Founder, Klink Mobile)
Feeling low on energy working on your startup? Maybe you just need to move in a new direction.
In 2010, I was the CEO and co-founder of Prepay Nation, a company that made international mobile money transfers possible though technology integrated with top-up machines housed in brick-and-mortar establishments. It was my job to check in on how the top-up technology was functioning and how customers were responding so that I could steer the company in the right direction. Consequently, I spent a lot of time traveling
My purpose now is to find a repeatable and scalable business model – Steve Blank’s definition of a startup.
By Heather Payne (Founder, Ladies Learning Code)
I’ve wanted to be an entrepreneur for a long time. Not when I was in university (back then, I wanted to be CEO of a Fortune 500 company), but sometime between graduating and landing my first real job, I realized that I just wasn’t going to be able to make a career out of working for the man. Even after that realization, it’s taken me a long time to get here.
As of today, though, I’m really an entrepreneur. And I’m effing excited about it.
(Want to skip to my new venture? It’s called HackerYou.
Rebeca addresses the advantages of gender diversity in a startup.
By Beth Pitts (Editor, TheNextWomen)
Rebeca Hwang is a co-founder and CEO of the San Francisco-based startup, YouNoodle, which focuses on helping companies and governments engage with communities of entrepreneurs and innovators for open innovation and co-creation processes.
Currently, YouNoodle’s technology platform, Podium, helps power entrepreneurship initiatives by the governments of Chile, Malaysia and Korea as well as by NASA and 7 out of the top 10 universities in the world. YouNoodle is also working with companies like Amazon, Microsoft, Intel, and IBM to facilitate
This article has been syndicated from TechCrunch.
By Matthew Prince (Co-Founder & CEO, CloudFlare)
Geeklist must never have learned the first rule of holes: When you’re in one, stop digging. I was all the way on the other side of the world at a conference held at a random amusement park in the German countryside and it still seemed like the Geeklist boys had almost dug their way to me.
I first got wind of the incident, which appears to have reignited the women in tech debate, from an Australian who was also attending the conference. “Silicon valley hasn’t changed since I left there years ago,” he said over a beer. “Still a bunch of frat boys
By Steve Blank (Lecturer, UC Berkeley & Stanford University)
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, turning laboratory ideas into formidable startups. 19 of the 21 teams are moving forward in commercializing their technology.
It was an extraordinary effort.
By Franck Nouyrigat (Co-Founder & CTO, Startup Weekend)
In the last couple of years, I have seen more and more incubators growing and more and more “mentors” helping them. My concern is in regard to the drop of quality I see in mentoring — not to mention that most of the entrepreneurs don’t know how to recognize a bad one…
I agree with the semantic differences between a teacher, mentor and coach (here to simplify, I just call them mentors as most of the people falsely do).
By Renee DiResta (Associate, O’Reilly AlphaTech Ventures)
I’ve said before — Startup Weekends are a lot of fun. Participants come together as a team, find a compelling idea, define and attempt to implement a minimum viable product, and come up with a plan to take the idea to market, all within 54 hours. So far, I’ve attended three as a developer. At Women 2.0’s recent Startup Weekend, I had the opportunity to participate from the other side of the table.
This time around, I was an advisor. Every team I spoke to asked me the same question: “What should our business model be?”
By Angie Chang (Co-Founder & Editor-in-Chief, Women 2.0)
This January 2012, you can attend Stanford’s Technology Entrepreneurship class from the comfort of home, online!
This class is for technology entrepreneurs and provides a combination of in-depth case studies and research on the entrepreneurial process. The professor is Chuck Eesley from Stanford University’s Management Science & Engineering group. He teaches and conducts research on technology entrepreneurship so that the next generation of entrepreneurs can have the greatest chances of success possible.
By Hadiyah Mujhid (Co-Founder, Black Founders)
I often receive emails or view posts of the flavor, “I have an idea, I don’t know how to code, now what?”
This is my response for those who are curious about starting an web-based or software startup. (in no particular order):
The Alchemist Start-Up Master Class is a course taught by some of the Valley’s most influential mentors and directed at current and aspiring founders. The program helps start-ups tackle critical aspects of starting and growing a company. Our purpose is to provide a focused tool set for figuring out winning business strategies, customer acquisition and building/managing successful teams.
From each lecture, you will walk away with a set of practical strategies and tactics as well as means to apply those to your own startup.
By Libby Tucker (Founder & CEO, Beer2Buds)
“If only I could drink that!” Beer2Buds was born after my friend from Sweden sent a virtual beer in an email on a long Friday afternoon while stuck at the office. Not only was the idea of the beer great but also we were able to rediscover great memories we had made years before, while studying abroad together.
Most ideas start with a problem that you personally wish to have solved and you realize there does not exist a good way of solving it now. In this case, I wanted to solve the problem of buying a friend a beer from 4,000 miles away.