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Steve Blank Podcast

Updated 9 days ago

Business
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Leadership community for CTO-track innovators

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Leadership community for CTO-track innovators

iTunes Ratings

17 Ratings
Average Ratings
13
2
1
0
1

Best of the Best

By Minh99085 - Feb 18 2013
Read more
Best source for entrepreneur

Will recommend to anyone!

By JeERR - Jun 27 2012
Read more
Thank for the most amazing startup strategic wisdom!

iTunes Ratings

17 Ratings
Average Ratings
13
2
1
0
1

Best of the Best

By Minh99085 - Feb 18 2013
Read more
Best source for entrepreneur

Will recommend to anyone!

By JeERR - Jun 27 2012
Read more
Thank for the most amazing startup strategic wisdom!
Cover image of Steve Blank Podcast

Steve Blank Podcast

Latest release on Oct 16, 2019

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Leadership community for CTO-track innovators

Rank #1: The Business Model Canvas Gets Even Better – Value Proposition Design

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Product/Market fit now has its own book. Alexander Osterwalder wrote it. Buy it.

Oct 27 2014

5mins

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Rank #2: Everything You Ever Wanted to Know about Marketing Communications

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I was having coffee with the CEO of a new startup, listening to her puzzle through how to communicate to potential customers. She was an academic on leave from Stanford now selling SAAS software to large companies, but was being inundated with marketing communications advice. “My engineers say our website is old school, and we need to be on Facebook, Twitter and Instagram, my VP of Sales says we’re wasting our marketing dollars not targeting the right people and my board keeps giving me their opinions of how we should describe our product and company. How do I sort out what to do?”

Apr 07 2017

16mins

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Rank #3: Why Build, Measure, Learn – isn’t just throwing things against the wall to see if they work

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I am always surprised when critics complain that the Lean Startup’s Build, Measure, Learn approach is nothing more than “throwing incomplete products out of the building to see if they work.” Unfortunately the Build, Measure, Learn diagram is the cause of that confusion. At first glance it seems like a fire-ready-aim process.It’s time to update Build, Measure, Learn to what we now know is the best way to build Lean startups.
Here’s how.

May 08 2015

12mins

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Rank #4: What Do I Do Now? The Startup Lifecycle

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Last week I got a call from Patrick an ex-student I hadn’t heard from for 8 years. He was now the CEO of a company and wanted to talk about what he admitted was a “first world” problem. Over breakfast he got me up to date on his life since school (two non-CEO roles in startups,) but he wanted to talk about his third startup – the one he and two co-founders had started.

Feb 17 2015

9mins

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Rank #5: The Product Development Model

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I realized that traditional ways to think about startups – have an idea, raise some money, do product development, go through an alpha test, beta test and first customer ship was the canonical model of how entrepreneurs thought about early stage ventures.

Mar 22 2014

2mins

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Rank #6: Fast Time in Three Horizon High

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I’m a big fan of McKinsey’s Three Horizons Model of innovation. (if you’re not familiar with it there’s a brief description a few paragraphs down.) It’s one of the quickest ways to describe and prioritize innovation ideas in a large company or government agency.

Mar 02 2019

8mins

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Rank #7: Why the Future of Tesla May Depend on Knowing What Happened to Billy Durant

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Elon Musk, Alfred Sloan, and entrepreneurship in the automobile industry.
The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. The guy who replaced him invented the idea of the modern corporation. If you want to understand the future of Tesla and Elon Musk’s role – something many want to do, given the constant stream of headlines about the company — you should start with a bit of automotive history from the 20th Century.

May 03 2018

17mins

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Rank #8: Watching Larry Ellison become Larry Ellison — The DNA of a Winner

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In Oracle’s early days Kathryn Gould was the founding VP of Marketing, working there from 1982 to 1984. When I heard that Larry Ellison was stepping down as Oracle’s CEO I asked Kathryn to think about the skills she saw in a young Larry Ellison that might make today’s founders winners.

Oct 01 2014

11mins

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Rank #9: This 1 Piece of Advice Could Make Or Break Your Career

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There’s no handbook on how to evaluate and process “suggestions” and “advice” from a boss or a mentor. But how you choose to act on these recommendations can speed up your learning and make or break your career. Here’s what to keep in mind...

Jul 23 2018

7mins

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Rank #10: How To Find the Right Co-Founders?

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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. 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. She started by sketching her business model canvas on a napkin, but somehow the conversation quickly shifted to what was really on her mind.

Sep 18 2014

6mins

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Rank #11: Blank’s Rule – To predict the future 1/3 of you need to be crazy

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When companies or agencies search for disruptive and innovative strategies they often assemble a panel of experts to advise them. Ironically the panel is often made up of people whose ideas about innovation were relevant in the past.

Dec 26 2015

9mins

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Rank #12: Why Founders Should Know How to Code

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“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.

Sep 05 2014

9mins

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Rank #13: Working Hard is not the same as working smart

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Measuring how hard your team is working by counting the number of hours they work or what time they get in and leave is how amateurs run companies. The number of hours worked is not the same as how effective they (and you) are.

Sep 23 2016

6mins

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Rank #14: Epitaph for an Entrepreneur

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Raising our kids and being an entrepreneur wasn’t easy. Being in a startup and having a successful relationship and family was very hard work. But entrepreneurs can be great spouses and parents. This post is not advice, nor is it recommendation of what you should do, it’s simply what my wife and I did to raise our kids in the middle of starting multiple companies. Our circumstances were unique and your mileage will vary.

Mar 15 2014

11mins

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Rank #15: The Red Queen Problem – Innovation in the DoD and Intelligence Community

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“…it takes all the running you can do to keep in the same place. ”
- The Red Queen Alice in Wonderland

Innovation, disruption, accelerators, have all become urgent buzzwords in the Department of Defense and Intelligence community. They are a reaction to the “red queen problem” but aren’t actually solving the problem. Here’s why.

Oct 19 2017

17mins

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Rank #16: How to Stop Playing “Target Market Roulette”: A new addition to the Lean toolset

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Modern entrepreneurship began at the turn of this century with the observation that startups aren’t smaller versions of large companies – large companies at their core execute known business models, while startups search for scalable business models. Lean Methodology consists of three tools designed for entrepreneurs building new ventures...

May 10 2019

13mins

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Rank #17: How To Think Like an Entrepreneur: the Inventure Cycle

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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.

Sep 12 2014

10mins

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Rank #18: NYU Commencement Speech 2016

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Thank you for the opportunity to address you on your graduation from this esteemed engineering school. I’m honored to help you celebrate this important milestone. Your life is already full of milestones: Your first steps, your first kiss, passing a driving test, this graduation. And there are more to come: your first job, getting married, buying a house, having a child, becoming a manager, starting a company, retirement – and eventually commencement speaker:-)

May 25 2016

12mins

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Rank #19: Intel Disrupted: Why large companies find it difficult to innovate, and what they can do about it

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In the 21st century it’s harder for large corporations to create disruptive breakthroughs. Disruptive innovations are coming from startups – Telsa for automobiles, Uber for taxis, Airbnb for hotel rentals, Netflix for video rentals and Facebook for media.

Jun 24 2016

8mins

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Rank #20: Machine Learning Meets the Lean Startup

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We just finished our Lean LaunchPad class at UC Berkeley’s engineering school where many of the teams embedded machine learning technology into their products. It struck me as I watched the teams try to find how their technology would solve real customer problems, is that machine learning is following a similar pattern of previous technical infrastructure innovations. Early entrants get sold to corporate acquirers at inflated prices for their teams, their technology, and their tools. Later entrants who miss that wave have to build real products that people want to buy.

Nov 23 2016

7mins

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Why Companies and Government Do “Innovation Theater” Instead of Actual Innovation

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The type of disruption most companies and government agencies are facing is a once-in-every-few-centuries event. Disruption today is more than just changes in technology, or channel, or competitors – it’s all of them, all at once. And these forces are completely reshaping both commerce and defense.

Oct 16 2019

9mins

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Who Ever Thought? The Lean Educators Summit

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It’s been almost a decade since we first started teaching the Lean Methodology. It’s remade entrepreneurship education, startup practice and innovation in companies and the government. But in all that time, we haven’t gotten a large group of educators together to talk about what it’s been like to teach Lean or the impact it’s had in their classrooms and beyond. It dawned on us that with 10 years of Lessons Learned to explore, now would be a good time.

Oct 08 2019

4mins

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AgileFall – When Waterfall Sneaks Back Into Agile

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AgileFall is an ironic term for program management where you try to be agile and lean, but you keep using waterfall development techniques. It often produces a result that’s like combining a floor wax and dessert topping.

Sep 17 2019

6mins

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Hacking for Defense @ Stanford 2019

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We just finished our 4th annual Hacking for Defense class at Stanford. At the end of each class we have each team give a Lessons Learned presentation. Unlike traditional demo days or Shark Tanks which are “here’s how smart I am, please give me money,” a Lessons Learned presentation tells a story of a journey of hard-won learning and discovery. For all the teams it’s a roller coaster narrative of what happens when you discover that everything you thought you knew was wrong and how they eventually got it right.

Jun 08 2019

9mins

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The Evolution of Entrepreneurial Education and Corporate Innovation

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I was interviewed by Philip Bouchard, Executive Director of TrustedPeer Entrepreneurship Advisory, about how entrepreneurship education has changed, mission-driven entrepreneurship, and what we’ve learned about corporate innovation.

Jun 02 2019

24mins

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How to Stop Playing “Target Market Roulette”: A new addition to the Lean toolset

Podcast cover
Read more
Modern entrepreneurship began at the turn of this century with the observation that startups aren’t smaller versions of large companies – large companies at their core execute known business models, while startups search for scalable business models. Lean Methodology consists of three tools designed for entrepreneurs building new ventures...

May 10 2019

13mins

Play

Startup Stock Options – Why A Good Deal Has Gone Bad

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VC’s have just changed the ~50-year old social contract with startup employees. In doing so they may have removed one of the key incentives that made startups different from working in a large company.
For most startup employee’s startup stock options are now a bad deal.
Here’s why.

Apr 12 2019

15mins

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The Lean LaunchPad Class: It’s the same, but different

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We just finished the 8th annual Lean LaunchPad class at Stanford. The team presentations are at the end of this post.
It’s hard to imagine, but only a decade ago, the capstone entrepreneurship class in most universities was how to write – or pitch- a business plan. As a serial entrepreneur turned educator, this didn’t make sense to me. In my experience, I saw that most business plans don’t survive first contact with customers.

Mar 29 2019

10mins

Play

Fast Time in Three Horizon High

Podcast cover
Read more
I’m a big fan of McKinsey’s Three Horizons Model of innovation. (if you’re not familiar with it there’s a brief description a few paragraphs down.) It’s one of the quickest ways to describe and prioritize innovation ideas in a large company or government agency.

Mar 02 2019

8mins

Play

How to Keep Your Job As Your Company Grows

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If you’re an early employee at a startup, one day you will wake up to find that what you worked on 24/7 for the last year is no longer the most important thing – you’re no longer the most important employee, and process, meetings, paperwork and managers and bosses have shown up. Most painfully, you’ll learn that your role in the company has to change.

Nov 15 2018

12mins

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Driven to Distraction – the future of car safety

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If you haven’t gotten a new car in a while you may not have noticed that the future of the dashboard looks like this... That’s it. A single screen replacing all the dashboard gauges, knobs and switches. But behind that screen is an increasing level of automation that hides a ton of complexity.

Oct 31 2018

26mins

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What Your Startup Needs to Know About Regulated Markets

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Often the opposite of disruption is the status quo.

If you’re a startup trying to disrupt an existing business you need to read The Fixer by Bradley Tusk and Regulatory Hacking by Evan Burfield. These two books, one by a practitioner, the other by an investor, are must-reads.

The Fixer is 1/3rd autobiography, 1/3rd case studies, and 1/3rd a “how-to” manual. Regulatory Hacking is closer to a “step-by-step” textbook with case studies.

Here’s why you need to read them.

Oct 11 2018

14mins

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The Apple Watch – Tipping Point Time for Healthcare

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I don’t own an Apple Watch. I do have a Fitbit. But the Apple Watch 4 announcement intrigued me in a way no other product has since the original IPhone. This wasn’t just another product announcement from Apple. It heralded the U.S. Food and Drug Administration’s (FDA) entrance into the 21stcentury. It is a harbinger of the future of healthcare and how the FDA approaches innovation.

Sep 28 2018

26mins

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The End of More – The Death of Moore’s Law

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For most of our lives the idea that computers and technology would get, better, faster, cheaper every year was as assured as the sun rising every morning. The story “GlobalFoundries Stops All 7nm Development“ doesn’t sound like the end of that era, but for anyone who uses an electronic device, it most certainly is. Technology innovation is going to take a different direction.

Sep 14 2018

8mins

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Is the Lean Startup Dead?

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Reading the NY Times article “Jeffrey Katzenberg Raises $1 Billion for Short-Form Video Venture,” I realized it was time for a new startup heuristic: the amount of customer discovery and product-market fit you need to find is inversely proportional to the amount and availability of risk capital.
And while the “first mover advantage” was the rallying cry of the last bubble, today’s is: “Massive capital infusion can own the entire market.”

Sep 07 2018

13mins

Play

This 1 Piece of Advice Could Make Or Break Your Career

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There’s no handbook on how to evaluate and process “suggestions” and “advice” from a boss or a mentor. But how you choose to act on these recommendations can speed up your learning and make or break your career. Here’s what to keep in mind...

Jul 23 2018

7mins

Play

Hacking for Defense @ Stanford 2018 – wonder and awe

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We just finished our 3rd annual Hacking for Defense class at Stanford. Six teams presented their Lessons Learned presentations.

Watching them I was left with wonder and awe about what they accomplished in 10 weeks.

Six teams spoke to over 600 beneficiaries, stakeholders, requirements writers, program managers, warfighters, legal, security, customers, etc. By the end the class all of the teams realized that the problem as given by the sponsor had morphed into something bigger, deeper and much more interesting.

Jun 08 2018

9mins

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The Innovation Stack: How to make innovation programs deliver more than coffee cups

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Is your organization full of Hackathons, Shark Tanks, Incubators and other innovation programs, but none have changed the trajectory of your company/agency?

Over the last few years Pete Newell and I have helped build innovation programs inside large companies, across the U.S. federal science agencies and in the Department of Defense and Intelligence Community. But it is only recently that we realized why some programs succeed and others are failing.

Jun 07 2018

14mins

Play

Why the Future of Tesla May Depend on Knowing What Happened to Billy Durant

Podcast cover
Read more
Elon Musk, Alfred Sloan, and entrepreneurship in the automobile industry.
The entrepreneur who founded and grew the largest startup in the world to $10 billion in revenue and got fired is someone you have probably never heard of. The guy who replaced him invented the idea of the modern corporation. If you want to understand the future of Tesla and Elon Musk’s role – something many want to do, given the constant stream of headlines about the company — you should start with a bit of automotive history from the 20th Century.

May 03 2018

17mins

Play

Why Entrepreneurs Start Companies Rather Than Join Them

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If you asked me why I gravitated to startups rather than work in a large company I would have answered at various times: “I want to be my own boss.” “I love risk.” “I want flexible work hours.” “I want to work on tough problems that matter.” “I have a vision and want to see it through.” “I saw a better opportunity and grabbed it. …”

Apr 11 2018

10mins

Play

iTunes Ratings

17 Ratings
Average Ratings
13
2
1
0
1

Best of the Best

By Minh99085 - Feb 18 2013
Read more
Best source for entrepreneur

Will recommend to anyone!

By JeERR - Jun 27 2012
Read more
Thank for the most amazing startup strategic wisdom!