steve blank @sgblank Twitter profile

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steve blank

6 years

The measure of a life is not time. It’s the impact you make serving God, your family, community, and country. Your report-card is whether the world is a better place.

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steve blank

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4 years

Execution pays your salary. Innovation pays your pension.

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7 years

Remove people from the room who’s first response/mindset to a new idea are all the reasons why of “it can’t work”. Engage them later for critiques.

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6 years

Innovation occurs under adversity, scarcity, necessity and fearlessness.

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7 years

Stay away from consultants who want to prove they're the smartest people in your building. Hire those who want to make _you_ the smartest people in the building.

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7 years

Leaders are visionaries with a poorly developed sense of fear and no concept of the odds against them

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5 years

VC's are walking away from term sheets, offering flat rounds if you're lucky. The vultures are circling. Bad behavior happens at every crash. Entrepreneurs will remember.

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7 years

A startup is no longer built on a single innovation. It needs to be continuously innovating –and who best to do that? The founders.

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8 years

Amateurs practice until they get it right, but professionals practice until they can’t get it wrong

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6 years

VC funding for startups isn't exploding, it's taking the place of IPOs. More than half the capital is going to "Unicorn Rounds." Brilliant analysis of the state of risk capital by @msuster

A Deep Dive into What Has Really Changed in Venture Capital

I’ve heard a lot of people question whether there is too much money in venture capital chasing too few great deals. “We’re in a new tech…

bothsidesofthetable.com

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11 years

A startup celebrating raising capital is like celebrating that you bought condoms before a date

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8 years

Four Startup Principles: - Money matters - Performance counts - Time is the enemy - Your investors eventually want liquidity

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4 years

Actual picture of companies who haven't pivoted their business model due to the pandemic

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4 years

In large companies and gov't organizations “fear of failure” inhibits speed and risk-taking, while in startups “fear of failure” drives speed and urgency

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7 years

The greatest tool in evolution is the mistake

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6 years

Confusing corporate entrepreneurship with startup entrepreneurship is like confusing football with war. In both cases the consequences of losing are vastly different.

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7 years

Winning at Entrepreneurship is for practitioners not theorists.

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4 years

When a gov't agency or company thinks bringing in a consulting firm will help them with strategy and a reorg, most often it's the leadership and board that needs repair/replacement not the org.

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5 years

We all stood on clayton christensen’s shoulders. Today we lost a giant. RIP.

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7 years

Passion without direction=lost, Direction without passion=you'll never get there. You need both.

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8 years

Realistic people never accomplish the impossible. Only unreasonable people do

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4 years

Your company‘s culture is not the poster in the cafeteria. It’s what’s seen to be rewarded and punished.

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7 years

The amount of work that gets done in a startup is inversely proportional to how fancy the building is

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8 years

The goal is not to hire people who need a job, but to hire people who believe what you believe @simonsinek

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7 years

If you're the smartest person in the room it doesn't guarantee you're the most effective

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4 years

Timeless advice for founders. "If you want to build a ship, don’t drum up the people to gather wood, divide the work, and give orders. Instead, teach them to yearn for the vast and endless sea." Antoine de Saint-Exupery

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6 years

Disrupted = your industry is part of a @CBInsights chart. Dead but don’t know it = mgmt response is "we have a corporate accelerator"

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3 years

Execution environments are designed to be fail-safe. Innovation environments are designed to be safe-to-fail.

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3 years

Everyone who’s taken a shower has had a good idea. It’s the person who gets out of the shower and does something about it who makes a difference

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6 years

Fear of failure can be a self fulfilling prophecy

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4 years

Exploitation of existing business models requires relentless execution. Exploration of new business models requires agile innovation. They require different leadership skills and different organizational design

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3 years

Clock speeds run differently in government agencies compared to companies and in companies compared to startups. Decide which clock you're using.

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8 years

Only a fool learns from his mistakes; wise men learn from other people's mistakes - Bismark

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5 years

Invention is not the same as commercialization. Invention - An idea for a new product, process, or design. Commercialization - the process of turning an invention into a profitable business. Commericalization inside a company requires an entrepreneur paired with the inventor.

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2 years

In order to change an existing paradigm you don’t try to reform the existing model. You create a new model and make the old one obsolete

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7 years

Worst people to have in a meeting are those who need to hear their own voice but don’t have any facts

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9 years

the Lean Startup in pictures http://t.co/QCJqPdwKeZ

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8 years

An MVP is not a cheaper product. It's a learning tool

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6 years

Lean was designed to inform the founders vision to operate at speed, not as a focus group for consensus for those without deep convictions.

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2 years

If you jump to a new model every time you read a new book you lack core beliefs. New ideas should improve the ideas/models you already have.

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8 years

Great professors are people who wish to remain students for the rest of their lives.

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7 years

Don’t execute other peoples advice if you can’t explain why you’re doing it.

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4 years

How to pitch VC's via Zoom. Advice from 7 venture capitalists #startups

How VCs Judge Your Startup (on Zoom): 15+ Tactics Behind Successful Fundraises

To help Founders fundraise in this post-COVID-19 world, we asked 7 top VCs to reveal what's working, what's not & why remote pitching can be powerful.

www.nfx.com

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7 years

Great founders keep their eye on the prize not the obstacles. They remove the obstacles in their way.

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1 year

The law of strategic planning: the number of people involved in creating the plan is inversely proportional to the actual amount of strategy it contains.

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5 years

Startup fundraising checklist for a Series A

The Fundraising Checklist: 13 Proof Points for Series A

A checklist of 13 proof points for startups to put themselves in the best possible position to fundraise for a Series A or later.

www.nfx.com

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4 years

Organizations deliver products at a speed proportional to the depth of its org chart

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8 years

Why Tim Cook is Steve Ballmer and Why He Still Has His Job at Apple

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8 years

Leadership-communicate the vision, management=execute the vision, innovation=create the vision. You need all three.

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6 years

Following @JeffBezos at an innovation conference was like being the second person up at the sermon on the mount.

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3 years

Why Innovation Heroes are a Sign of a Dysfunctional Organization

A week ago I got invited to an “innovation hero” award ceremony at a government agency. I don’t know how many of these I’ve been to in the last couple years, but this one just made my head explode.…

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8 years

Traditional conventional career advice is useless to startup founders because it's not a job - it's a calling.

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7 years

Working Outside the Tech Bubble

Annual note to self – most of the world exists outside the tech bubble. —– We have a summer home in New England in a semi-rural area, just ~10,000 people in town, with a potato fa…

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7 years

If you don’t take change by the hand it will take you by the throat.

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4 years

Leadership needs to know the difference between innovation theatre, and #innovation

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4 years

If you're a founder, make sure you love what you do when you take a shower in the morning and when you drive back home at night.

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8 years

Great grades and successful entrepreneurs have at best a zero correlation (and may actually be negative)

The “Good” Student

I saw an article in the New York Times about Google’s hiring practices that reminded me of the differences between great big successful technology companies and small scrappy startups. I love Googl…

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8 years

Imagination leads to creativity, creativity leads to innovation, innovation leads to entrepreneurship @tseelig

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10 years

I remind my students that cheating on customer discovery interviews is like cheating in your parachute packing class.

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9 years

How to position a disruptive product? still the best description ever.

We Don’t Sell Saddles Here

The memo below was sent to the team at Tiny Speck, the makers of Slack, on July 31st, 2013. It had been a little under seven months since…

medium.com

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7 years

The Difference Between Innovators and Entrepreneurs

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11 years

Some people dream of success while others wake up and work hard at it. Winston Churchill

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9 years

In a company the number of people you copy on email is inversely proportional to your actual influence.

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9 years

success = insight x tenacity x methodology x pattern recognition x risk capital x market timing x time for liquidity

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3 years

Talent hits a target no one else can hit. Genius hits a target no one else can see.

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6 years

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

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8 years

Failure sucks. Success is all about how quickly you react to failure, what lessons you learn from it and then what you do next

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8 years

If you can’t manage chaos and uncertainty your startup will die

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8 years

Knowledge is in libraries but experience is in people

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8 years

Best welcome from a hotel ever @TheJeffersonDC Read the card. Awesome marketing.

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6 years

Why Entrepreneurs Start Companies Rather Than Join Them

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10 years

Truly brilliant summary of the arc of startup innovation from @mleslie45 http://t.co/zGavTwEEC2 - a must read!

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7 years

Surprise! Getting out of the building and talking to customers is a good idea. @StanfordBiz

The Risk of an Unwavering Vision

www.gsb.stanford.edu

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9 years

The Odds of Getting the Business Model Right is Inversely Proportional to How Smart the Founder Thinks They Are

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7 years

while economists argued theory entrepreneurs and VCs changed the world

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6 years

The Fatal Flaw of the Three Horizons Model and How To Fix It

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11 years

How to build a web site in 7 minutes using Lean. Unbelievable. by @sorenrt

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7 years

Companies need to operate at startup speed longer.This requires retaining a startup culture for years-who best to do that?The founders

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8 years

Having someone who is convinced they can’t change the world manage someone who doesnt realize they can change the world guarantees failure

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7 years

Brilliant piece on what happens to companies when their monopoly ends.

Microsoft’s Monopoly Hangover

There are striking similarities between Microsoft today and IBM in the Lou Gerstner era, but today’s IBM should be a warning to Redmond.

stratechery.com

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5 years

Great products come from validated passion.

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4 years

If you stick around long enough, you can often catch a lucky break. But that lucky break can’t come for you if you didn’t figure out how to stick around long enough. @fredwilson

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8 years

Too soon you get old, too late you get smart

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7 years

#UnitedAirlines note to Oscar Munez.Your customer service will improve when your exec staff has to fly coach on united. Lead by example

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11 years

The question you should never stop asking yourself — for the next 20 years

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5 years

Mission Model Canvas – the Videos

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8 years

Thanks to @ScottAdamsSays creator of Dilbert for being a great guest on my @SIRIUSXM show. unique worldview.

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4 years

Actual picture of companies who haven't pivoted their business model due to the pandemic @Stanford

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8 years

Entrepreneur hint - no one loves their first job. So don't over think it.

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9 years

entrepreneurship; the world's worst job, but the world's best calling

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6 years

The amount of customer discovery and product/market fit you need to find is inversely proportional to the amount and availability of risk capital

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8 years

Don’t let process distract you from finding the strategy

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9 years

Lean Innovation Management – Making Corporate Innovation Work http://t.co/wzCxogI7sk http://t.co/Ki8sMrpFKH

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4 years

Founders, like artists, see that shining city on the hill. And they remove the obstacles in reality to realize it.

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8 years

Strategy is not a to-do list. Do you know the difference? Find out why

Strategy is Not a To Do List

I had breakfast with two of my ex-students from Singapore who were building a really interesting startup. They were deep into Customer Discovery and presented a ton of customer data on the validity…

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10 years

The minute you start taking orders from your board you've just become an employee and likely the exCEO @msuster http://t.co/lc9edj6J4G

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