Monthly Archives: March 2011

Entrepreneurship is an Art not a Job

Posted on March 31, 2011 by Steve Blank

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Some men see things as they are and ask why. Others dream things that never were and ask why not. George Bernard Shaw Over the last decade we assumed that once we found repeatable methodologies (Agile and Customer Development, Business Model … Continue reading →

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Napkin Entrepreneurs

Posted on March 29, 2011 by Steve Blank

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Faith is taking the first step even when you don’t see the whole staircase. Martin Luther King, Jr. The barriers for starting a company have come down. Today the total available markets for new applications are hundreds of millions if … Continue reading →

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The LeanLaunch Pad at Stanford – Class 3: Value Proposition Hypotheses

Posted on March 25, 2011 by Steve Blank

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The Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. This post is part three. Part one is here, two is here. Syllabus is here. Week 3 of the class and our teams in our Stanford Lean LaunchPad class … Continue reading →

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The Democratization of Entrepreneurship

Posted on March 21, 2011 by Steve Blank

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I gave a talk at the Stanford Graduate School of Business as part of Entrepreneurship Week on the Democratization of Entrepreneurship. The first 11 minutes or so of the talk covers the post I wrote called “When It’s Darkest, Men See the Stars.” In … Continue reading →

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New Rules for the New Internet Bubble

Posted on March 18, 2011 by Steve Blank

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We’re now in the second Internet bubble. The signals are loud and clear: seed and late stage valuations are getting frothy and wacky, and hiring talent in Silicon Valley is the toughest it has been since the dot.com bubble. The rules for … Continue reading →

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The LeanLaunch Pad at Stanford – Class 2: Business Model Hypotheses

Posted on March 15, 2011 by Steve Blank

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Our new Stanford Lean LaunchPad class was an experiment in a new model of teaching startup entrepreneurship. This post is part two. Part one is here. Syllabus here. By now the nine teams in our Stanford Lean LaunchPad Class were formed, In the four … Continue reading →

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A New Way to Teach Entrepreneurship – The Lean LaunchPad at Stanford: Class 1

Posted on March 8, 2011 by Steve Blank

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For the past three months, we’ve run an experiment in teaching entrepreneurship.In January, we introduced a new graduate course at Stanford called the Lean LaunchPad. It was designed to bring together many of the new approaches to building a successful … Continue reading →

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Honor and Recognition in Event of Success

Posted on March 2, 2011 by Steve Blank

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Men wanted for hazardous journey. Low wages, bitter cold, long hours of complete darkness. Safe return doubtful. Honour and recognition in event of success.”Attributed to Ernest ShackletonIn 1912 Ernest Shackleton placed this ad to recruit a crew for the ship … Continue reading →

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