Managing the Lean LaunchPadFlipped Classroom Thursday, January 31 3:00 PM – 5:00 PM
Who Are You Teaching?• Lifestyle Entrepreneurs?• Small Business Entrepreneurs?• Buyable startups?• Scalable (high-growth) startups?• Corporate intrapreneurs?• Social Entrepreneurs?• Incubators/Accelerators?• Domain specific – healthcare? Science?
Class Framework• Class structure – 8 to 10 teams of 4 – Admission is by team and by interview • Select for passion, commitment first• Emulate the real world – Boot camp by design – never good enough – Experiential and immersive• Quarter, Semester, 5-week and 5-day versions• Graduate, undergrad, corporate versions
Class ConceptsSearch versus execute• Business Model Canvas as scorecard• Customer Discovery heart of the class• Agile Engineering MVP iterating in class
Class Organization• Flipped classroom – lectures on Udacity – Classroom more efficient, used for discussion• Teams stand and deliver weekly – Report on their customer discovery progress• You teach by critique• No guests, no lectures (discussion)
Lean LaunchPad-Teaching Resources• Minimum Requirements – You – LaunchPad Central Software• Recommended – Co-instructors • investors, experienced Entrepreneurs, Startup Weekend instructors – Teaching Assistant (<10 teams)Covered in Faculty Handbook
Classroom Management• Don’t underestimate what they’re capable of – Push, push, push• Team dynamics are part of the process – Use them as teaching points• LaunchPad Central as “early warning”• 2 to 3 out of 10 will be clear failures• 2 to 3 will make you remember why you teach• Details covered in the faculty handbook
Lean LaunchPad Resources• Faculty Handbook – hardcopy & online• My Website – www.steveblank.com – Slides/Video tab - steveblank.com/slides/ • Gateway to every syllabus, teaching guide, presentations, faculty handbook – Startup tools tab - steveblank.com/tools-and-blogs-for-entrepreneurs/ • Gateway to tools, startup advice, mkt research – Class lectures on Udacity www.udacity.com/overview/Course/ep245• Stanford eCorner - ecorner.stanford.edu – Great optional viewing lectures