The Value Proposition Canvas functions like a plug-in to the Business Model Canvas and zooms into the value proposition and customer segment to describe the interactions between customers and product more explicitly and in more detail. Steve Blank Read Quote
Commencement Day has a sobering finality in that it’s the end of the prescribed path. Steve Blank Read Quote
Value Proposition Design is a ‘must have’ for anyone creating a new venture. It captures the core issues around understanding and finding customer problems and designing and validating potential solutions. Steve Blank Read Quote
It typically takes multiple iterations and pivots to find product/market fit – the match between what you’re building and who will buy it. Steve Blank Read Quote
The Lockheed Skunk Works, led by Kelly Johnson, was responsible for its Advanced Development Projects – everything from the P-80, the first U.S. jet fighter plane, to the U-2 and A-12 spy planes. Steve Blank Read Quote
All too often, a corporate innovation initiative starts and ends with a board meeting mandate to the CEO followed by a series of memos to the staff, with lots of posters and one-day workshops. This typically creates ‘innovation theater’ but very little innovation. Steve Blank Read Quote
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. Steve Blank Read Quote
Describing something as the ‘Woodstock of…’ has taken to mean a one-of-a-kind historic gathering. Steve Blank Read Quote
It’s worth noting that everything – from the Internet to electric cars, genomic sequencing, mobile apps, and social media – were pioneered by startups, not existing companies. Steve Blank Read Quote
