It's worth noting that everything - from the Internet to electric cars, genomic sequencing, mobile apps, and social media - were pioneered by startups, not existing companies. - Steve Blank 1 Share Now -
Learning how to keep track of inventory and cash flow and creating an income statement and a balance sheet are great skills to learn for managing existing businesses. - Steve Blank 2 Share Now -
In corporations, the penalty for repeated failure on known tasks is being reassigned to other tasks or asked to leave the company. - Steve Blank 3 Share Now -
Schools reward their students for a combination of intelligence, perseverance, and hard work - in the classroom and on the playing fields. But these metrics don't help kids understand that great grades are not a pass for a great life. - Steve Blank 4 Share Now -
While 'The Owner's Manual' is not a formula for guaranteed success by any means, we're confident it will help reduce the failure rate of most startups that use our Customer Development process. - Steve Blank 5 Share Now -
The art of entrepreneurship and the science of Customer Development is not just getting out of the building and listening to prospective customers. It's understanding who to listen to and why. - Steve Blank 7 Share Now -
Innovation in an existing company is not just the sum of great technology, key acquisitions, or smart people. Corporate innovation needs a culture that matches and supports it. - Steve Blank 8 Share Now -
The introduction of new technology is always disruptive to existing markets, particularly to content/copyright owners who sell through well-established distribution channels. - Steve Blank 9 Share Now -
Schools reward their students for a combination of intelligence, perseverance, and hard work - in the classroom and on the playing fields. But these metrics don't help kids understand that great grades are not a pass for a great life. - Steve Blank 10 Share Now -