” We now understand the distinction between startups – who search for a business model – versus existing companies – that execute a business plan. “
” Entrepreneurial education in grades K-12, if it exists at all, still focuses on teaching potential entrepreneurs small business entrepreneurship – the equivalent of ‘how to run a lemonade stand.’ “
” I have to think my success in the VC business was due in no small part to seeing Larry Ellison in action back in the day. “
” 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. “
” 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. “
” There’s nothing wrong with a business that supports you and perhaps an extended family. But if you want to build a scalable startup, you need to be asking how you can you get enough customers/users/payers to build a business that can grow revenues past several $100M/year. “
All 6 Steve Blank Quotes about Business in picture
Topics: Business quotes