” 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


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
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

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