• Share
  • Email
  • Embed
  • Like
  • Save
  • Private Content
Evidence-based Entrepreneurship by Steve Blank
 

Evidence-based Entrepreneurship by Steve Blank

on

  • 1,483 views

Evidence-based Entrepreneurship by Steve Blank

Evidence-based Entrepreneurship by Steve Blank

Steve Blank @sgblank Stanford / Berkeley / Columbia

The Lean Startup Conference 2013
http://leanstartup.co/

Statistics

Views

Total Views
1,483
Views on SlideShare
1,345
Embed Views
138

Actions

Likes
11
Downloads
69
Comments
0

7 Embeds 138

https://twitter.com 82
http://leanstartup.co 34
http://www.1agile.com 10
http://1agile.com 8
http://www.linkedin.com 2
http://www.leanstartup.co 1
http://officeoptional.co 1
More...

Accessibility

Categories

Upload Details

Uploaded via as Microsoft PowerPoint

Usage Rights

© All Rights Reserved

Report content

Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
  • Full Name Full Name Comment goes here.
    Are you sure you want to
    Your message goes here
    Processing…
Post Comment
Edit your comment

    Evidence-based Entrepreneurship by Steve Blank Evidence-based Entrepreneurship by Steve Blank Presentation Transcript

    • Moneyball Evidence-Based Entrepreneurship & Investment Readiness Levels Steve Blank @sgblank www.steveblank.com
    • Lean Startup
    • Business Model Canvas Lean Startup
    • Business Model Canvas + Customer Development Lean Startup
    • Business Model Canvas + Customer Development Lean Startup + Agile Engineering
    • Business Model Canvas + Customer Development Lean Startup + Agile Engineering
    • Business Model Canvas + Customer Development Lean Startup + Agile Engineering
    • Evidence-based Curriculum (NSF I-Corps/Lean LaunchPad) Business Model Canvas + Customer Development Lean Startup + Agile Engineering
    • Hypotheses Evidence-based Curriculum (NSF I-Corps/Lean LaunchPad) Business Model Canvas + Customer Development Lean Startup + Agile Engineering
    • Hypotheses Experiments Evidence-based Curriculum (NSF I-Corps/Lean LaunchPad) Business Model Canvas + Customer Development Lean Startup + Agile Engineering
    • Hypotheses Experiments Data Evidence-based Curriculum (NSF I-Corps/Lean LaunchPad) Business Model Canvas + Customer Development Lean Startup + Agile Engineering
    • Mentors Hypotheses Experiments Data Evidence-based Curriculum (NSF I-Corps/Lean LaunchPad) Business Model Canvas + Customer Development Lean Startup + Agile Engineering
    • 2,200 Teams Worldwide • NSF Innovation-Corps • 44 Universities Worldwide • 30 Accelerators/Incubators • Fortune 500 Companies
    • Training 300 Educators/Year • Lean LaunchPad Educators Seminar • Lean LaunchPad Incubator/Accelerator Seminar http://nciia.org/LLP
    • LaunchPad Central Software Hypotheses Experiments Data Evidence-based Curriculum (NSF I-Corps/Lean LaunchPad) Business Model Canvas + Customer Development Lean Startup + Agile Engineering
    • Weekly Data Progress Data Data LaunchPad Central Software Hypotheses Experiments Data Evidence-based Curriculum (NSF I-Corps/Lean LaunchPad) Business Model Canvas + Customer Development Lean Startup + Agile Engineering
    • Weekly Data Progress Data Data + Experiment Scorecard LaunchPad Central Software Hypotheses Experiments Data Evidence-based Curriculum (NSF I-Corps/Lean LaunchPad) Business Model Canvas + Customer Development Lean Startup + Agile Engineering
    • Weekly Data Progress Data Data + Experiment Scorecard = Data, Experiments, Trajectory, IRL LaunchPad Central Software Hypotheses Experiments Data Evidence-based Curriculum (NSF I-Corps/Lean LaunchPad) Business Model Canvas + Customer Development Lean Startup + Agile Engineering
    • Data on Hypotheses, Pivots, MVPs, Metrics Evidence and Trajectory
    • Cohort Leaderboard
    • Customer Interviews
    • Hypotheses to Test
    • Invalidated Hypotheses
    • Weekly Canvas Updates
    • Track All Hypotheses Testing
    • Scorecard: 9 way Kanban Board with data
    • Advanced Data Mining
    • NASA
    • NASA/DOD Technology Readiness Level (TRL) • • • • Formal Way to assess project maturity Quantify Relative Risks Data Driven Adopted by NASA, DOD, FAA, ESA…
    • NASA/DOD Technology Readiness: Levels 1 & 2 Basic Technology Research • Basic principles observed • Technology concept formulated Concept
    • NASA/DOD Technology Readiness Levels 3 & 4 Research to prove Feasibility • Experimental proof of concept • Breadboard validation in lab Research Concept
    • NASA/DOD Technology Readiness Levels 5 & 6 Demo Prototype • Breadboard validation outside the building • System demo in real-world Demo Research Concept
    • NASA/DOD Technology Readiness Levels 7, 8, 9 Deployment • System Development • System deployed in real-world Demo Research Concept
    • What Can We Do With All This Data? The Investment Readiness Level
    • Investment Readiness Level
    • Investment Readiness Level We can do the same for new ventures
    • Investment Readiness Level We can do the same for new ventures Emphasis is on data
    • Investment Readiness Level • A Formal Way to Quantify Relative Risks • Data Driven • Analog to NASA/DOD Technology Readiness Level (TRL)
    • Investment Readiness: Levels 1 & 2 Hypotheses • Value Proposition summarized • Canvas hypotheses articulated Hypotheses
    • Investment Readiness: Levels 3 & 4 Problem / Solution Fit • Problem Solution fit • Low fidelity MVP Problem/Solution Hypotheses
    • Investment Readiness: Levels 5 & 6 Validate • Product/Market fit • Right side of canvas Product/Market fit Problem/Solution Hypotheses
    • Investment Readiness: Levels 7 & 8 Validate • Left side of canvas Product/Market fit Problem/Solution Hypotheses
    • Investment Readiness: Levels 9 Metrics That Matter Left side of the canvas Product/Market fit Problem/Solution Hypotheses
    • Technology Readiness Level Investment Readiness Level Metrics that Matter Validate Left side of Canvas Validate Right side of Canvas Product/Market Fit Problem/Solution Hypotheses
    • IRL Deployed …
    • “God is not on the side of the big arsenals, but on the side of those who shoot best.” Voltaire
    • For more info Incubator/Accelerator Class http://nciia.org/LLP www.steveblank.com @sgblank
    • Lesson Learned Presentations Tonight UCSF Mission Bay Byers Auditorium 5:30 – 7:30pm www.steveblank.com @sgblank