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  • Hear how the Lean Startup began — and helped one company find success: Episode 2 on Sirius XM Channel 111: Eric Ries and Jon Sebastiani

    Originally posted at www.steveblank.com By Steve Blank My guests on Bay Area Ventures on Wharton Business Radio on Sirius XM Channel 111 were: Eric Ries, entrepreneur and author of the New York Times bestseller, The Lean Startup. Eric was the very first practitioner of my Customer Development methodology which became the core of the the Lean methodology. Jon Sebastiani, founder and CEO of KRAVE Jerky, a company that got its start in my class at Berkeley back in 2011 […]

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  • Fear of Failure and Lack of Speed In a Large Corporation

    Originally posted at www.steveblank.com By Steve Blank I just spent a day working with Bob, the Chief Innovation Officer of a very smart large company I’ll call Acme Widgets. Bob summarized Acme’s impediments to innovation. “At our company we have a culture that fears failure. A failed project is considered a negative to a corporate career. As a result, few people want to start a project that might not succeed. […]

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  • Life Science Startups Rising in the UK

    Originally posted at www.steveblank.com By Steve Blank Stephen Chambers spent 22 years in some of the most innovative companies in life science as the director of gene expression and then as a co-founder of his own company. Today he runs SynbiCITE, the UK’s synthetic biology consortium of 56 industrial partners and 19 Academic institutions located at Imperial College in London. Stephen and SynbiCITE, just launched the world’s first Lean LaunchPad for Synthetic Biology program. Here’s his story. —- Why […]

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  • It’s About Women Running Startups

    Originally appeared on www.steveblank.com By Steve Blank Just before the holidays I had coffee with Anne, an ex MBA student running a fairly large product group at a search engine company, now out trying to raise money for her own startup. She had an interesting insight: existing content/media companies were having the same problem as hardware companies that rarely made the leap to new platforms. And she had a model for […]

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  • The Big Bang. The Lean LaunchPad explodes at University of Maryland

    The University of Maryland is now integrating the Lean LaunchPad® into standard innovation and entrepreneurship courses across all 12 colleges within the University. Over 44 classes have embedded the business model canvas and/or Customer Discovery including a year-long course taken by every single one of its bioengineering majors. It’s made a big bang. Here’s the story from Dean Chang, UMD’s Associate Vice President for Innovation and Entrepreneurship. ———————————————– Two decades ago, Steve Blank completely […]

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  • Impact! NYU Scales the Lean LaunchPad

    Originally posted at www.steveblank.com By Steve Blank NYU has adopted the Lean LaunchPad® class as a standard entrepreneurship course across twelve different schools/colleges within the University. Over 1,000 students a year are learning lean startup concepts. Impact! —– In August 2011 I received an email from someone at NYU I never heard of. Frank Rimalovski, the Executive Director of the NYU Entrepreneurial Institute, had just read about the National Science Foundation Innovation Corps (I-Corps) in my blog, and he absolutely […]

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  • Why Corporate Skunk Works Need to Die

      Originally posted at www.steveblank.com By Steve Blank In the 20th century corporate skunk works® were used to develop disruptive innovation separate from the rest of the company. They were the hallmark of innovative corporations. By the middle of the 21st century the only companies with skunk works will be the ones that have failed to master continuous innovation. Skunk works will be the signposts of companies that will be left behind. ——– In the 20th century companies […]

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  • Born Global or Die Local – Building a Regional Startup Playbook

    Originally posted at www.steveblank.com By Steve Blank Entrepreneurship is everywhere, but everywhere isn’t a level playing field. What’s the playbook for your region or country to make it so? ———- Scalable startups are on a trajectory for a billion dollar market cap. They grow into companies that define an industry and create jobs.  Not all start ups want to go in that direction – some will opt instead to become a small […]

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  • The Business Model Canvas Gets Even Better – Value Proposition Design

    Originally posted at www.steveblank.com By Steve Blank Product/Market fit now has its own book. Alexander Osterwalder wrote it. Buy it. —— The Lean Startup process builds new ventures more efficiently. It has three parts: a business model canvas to frame hypotheses, customer development to get out of the building to test those hypotheses and agile engineering to build minimum viable products. This week the author of the business model canvas, my friend […]

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